TTA Holdings Ltd (TTA) - Net Assets
Based on the latest financial reports, TTA Holdings Ltd (TTA) has net assets worth AU$-371.24K AUD (≈ $-262.68K USD) as of March 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$223.54K ≈ $158.17K USD) and total liabilities (AU$594.78K ≈ $420.85K USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check TTA Holdings Ltd (TTA) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$-371.24K |
| % of Total Assets | -166.07% |
| Annual Growth Rate | N/A |
| 5-Year Change | -111.33% |
| 10-Year Change | -102.98% |
| Growth Volatility | 44.03 |
TTA Holdings Ltd - Net Assets Trend (2005–2024)
This chart illustrates how TTA Holdings Ltd's net assets have evolved over time, based on quarterly financial data. Also explore TTA asset base for the complete picture of this company's asset base.
Annual Net Assets for TTA Holdings Ltd (2005–2024)
The table below shows the annual net assets of TTA Holdings Ltd from 2005 to 2024. For live valuation and market cap data, see TTA Holdings Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | AU$-371.24K ≈ $-262.68K |
-134.27% |
| 2023-03-31 | AU$1.08 Million ≈ $766.48K |
-53.64% |
| 2022-03-31 | AU$2.34 Million ≈ $1.65 Million |
-43.29% |
| 2021-03-31 | AU$4.12 Million ≈ $2.92 Million |
+25.74% |
| 2020-03-31 | AU$3.28 Million ≈ $2.32 Million |
-44.99% |
| 2019-03-31 | AU$5.96 Million ≈ $4.21 Million |
-36.99% |
| 2018-03-31 | AU$9.45 Million ≈ $6.69 Million |
-1.05% |
| 2017-03-31 | AU$9.55 Million ≈ $6.76 Million |
-23.75% |
| 2016-03-31 | AU$12.53 Million ≈ $8.87 Million |
+0.56% |
| 2015-03-31 | AU$12.46 Million ≈ $8.82 Million |
-31.21% |
| 2014-03-31 | AU$18.11 Million ≈ $12.82 Million |
-0.47% |
| 2013-03-31 | AU$18.20 Million ≈ $12.88 Million |
+8.17% |
| 2012-03-31 | AU$16.82 Million ≈ $11.90 Million |
+10.69% |
| 2011-03-31 | AU$15.20 Million ≈ $10.75 Million |
+2.35% |
| 2010-03-31 | AU$14.85 Million ≈ $10.51 Million |
+18.57% |
| 2009-03-31 | AU$12.52 Million ≈ $8.86 Million |
+13.68% |
| 2008-06-30 | AU$11.02 Million ≈ $7.80 Million |
+0.00% |
| 2008-03-31 | AU$11.02 Million ≈ $7.79 Million |
+90.82% |
| 2007-03-31 | AU$5.77 Million ≈ $4.08 Million |
-8.39% |
| 2006-03-31 | AU$6.30 Million ≈ $4.46 Million |
+50.80% |
| 2005-03-31 | AU$4.18 Million ≈ $2.96 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to TTA Holdings Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 651685000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$6.48 Million | % |
| Total Equity | AU$-371.24K | 100.00% |
TTA Holdings Ltd Competitors by Market Cap
The table below lists competitors of TTA Holdings Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TUT Fitness Group Inc
V:GYM
|
$292.84K |
|
Crown LNG Holdings Limited Ordinary Shares
NASDAQ:CGBS
|
$293.65K |
|
Goldplat PLC
LSE:GDP
|
$296.11K |
|
CERTIVE SOLUTIONS INC.
F:5CE
|
$296.62K |
|
Provexis plc
LSE:PXS
|
$291.14K |
|
Tongaat
JSE:TON
|
$290.09K |
|
Sino-German United AG
F:SGU
|
$288.00K |
|
Cirata plc
LSE:CRTA
|
$287.49K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TTA Holdings Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,083,261 to -371,243, a change of -1,454,504 (-134.3%).
- Net loss of 1,454,504 reduced equity.
- Other factors decreased equity by 0.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-1.45 Million | -391.79% |
| Total Change | AU$- | -134.27% |
Book Value vs Market Value Analysis
This analysis compares TTA Holdings Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | AU$0.43 | AU$0.00 | x |
| 2006-03-31 | AU$0.84 | AU$0.00 | x |
| 2007-03-31 | AU$0.43 | AU$0.00 | x |
| 2008-03-31 | AU$0.39 | AU$0.00 | x |
| 2008-06-30 | AU$0.39 | AU$0.00 | x |
| 2009-03-31 | AU$0.45 | AU$0.00 | x |
| 2010-03-31 | AU$0.11 | AU$0.00 | x |
| 2011-03-31 | AU$0.11 | AU$0.00 | x |
| 2012-03-31 | AU$0.12 | AU$0.00 | x |
| 2013-03-31 | AU$0.13 | AU$0.00 | x |
| 2014-03-31 | AU$0.13 | AU$0.00 | x |
| 2015-03-31 | AU$0.09 | AU$0.00 | x |
| 2016-03-31 | AU$0.09 | AU$0.00 | x |
| 2017-03-31 | AU$0.07 | AU$0.00 | x |
| 2018-03-31 | AU$0.07 | AU$0.00 | x |
| 2019-03-31 | AU$0.04 | AU$0.00 | x |
| 2020-03-31 | AU$0.02 | AU$0.00 | x |
| 2021-03-31 | AU$0.03 | AU$0.00 | x |
| 2022-03-31 | AU$0.02 | AU$0.00 | x |
| 2023-03-31 | AU$0.01 | AU$0.00 | x |
| 2024-03-31 | AU$0.00 | AU$0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TTA Holdings Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -135.90%
- • Asset Turnover: 4.79x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-12.17%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | -1.06% | -2.70% | 0.18x | 2.14x | AU$-697.11K |
| 2007 | -17.10% | -19.59% | 0.36x | 2.43x | AU$-1.56 Million |
| 2008 | 52.74% | 9.12% | 2.05x | 2.82x | AU$4.71 Million |
| 2008 | 52.75% | 10.62% | 1.76x | 2.82x | AU$4.71 Million |
| 2009 | 16.05% | 4.48% | 1.28x | 2.81x | AU$757.60K |
| 2010 | 15.66% | 3.72% | 2.07x | 2.04x | AU$840.85K |
| 2011 | 7.72% | 1.84% | 1.97x | 2.13x | AU$-346.53K |
| 2012 | 12.93% | 3.94% | 1.92x | 1.71x | AU$492.30K |
| 2013 | 10.57% | 3.46% | 1.82x | 1.68x | AU$104.39K |
| 2014 | 2.56% | 0.91% | 1.39x | 2.03x | AU$-1.35 Million |
| 2015 | -45.36% | -20.49% | 1.64x | 1.35x | AU$-6.90 Million |
| 2016 | 0.55% | 0.41% | 1.10x | 1.22x | AU$-1.18 Million |
| 2017 | -31.14% | -20.97% | 1.12x | 1.33x | AU$-3.93 Million |
| 2018 | -1.06% | -0.82% | 1.03x | 1.24x | AU$-1.05 Million |
| 2019 | -58.70% | -26.98% | 1.48x | 1.47x | AU$-4.09 Million |
| 2020 | -88.40% | -82.15% | 0.68x | 1.59x | AU$-3.22 Million |
| 2021 | 20.47% | 11.08% | 1.58x | 1.17x | AU$431.34K |
| 2022 | -76.91% | -60.25% | 0.99x | 1.29x | AU$-2.03 Million |
| 2023 | -115.76% | -119.51% | 0.58x | 1.67x | AU$-1.36 Million |
| 2024 | 0.00% | -135.90% | 4.79x | 0.00x | AU$-1.42 Million |
Industry Comparison
This section compares TTA Holdings Ltd's net assets metrics with peer companies in the Electronics & Computer Distribution industry.
Industry Context
- Industry: Electronics & Computer Distribution
- Average net assets among peers: $14,354,000
- Average return on equity (ROE) among peers: 8.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TTA Holdings Ltd (TTA) | AU$-371.24K | -1.06% | N/A | $291.71K |
| Ambertech Ltd (AMO) | $19.55 Million | 16.26% | 0.69x | $8.10 Million |
| Dicker Data Ltd (DDR) | $9.15 Million | 0.00% | 4.32x | $1.18 Billion |
About TTA Holdings Ltd
TTA Holdings Limited, together with its subsidiaries, distributes TEAC branded audio and visual consumer electronic products to retailers in Australia. Its products include televisions, soundbars, turntables, earbuds, headphones, Bluetooth speakers, and accessories comprising portable radio CD player, set top box, Bluetooth clock radio, USB conference microphone, and wireless charger. The company… Read more