EQTEC plc (EQT) - Net Assets
Based on the latest financial reports, EQTEC plc (EQT) has net assets worth £4.59 Million GBP (≈ $6.17 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (£13.81 Million ≈ $18.55 Million USD) and total liabilities (£9.22 Million ≈ $12.38 Million 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 financial resilience of EQTEC plc to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | £4.59 Million |
| % of Total Assets | 33.25% |
| Annual Growth Rate | 17.65% |
| 5-Year Change | -80.19% |
| 10-Year Change | 513.58% |
| Growth Volatility | 197.6 |
EQTEC plc - Net Assets Trend (2006–2024)
This chart illustrates how EQTEC plc's net assets have evolved over time, based on quarterly financial data. Also explore EQTEC plc asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for EQTEC plc (2006–2024)
The table below shows the annual net assets of EQTEC plc from 2006 to 2024. For live valuation and market cap data, see market value of EQTEC plc.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | £5.01 Million ≈ $6.73 Million |
-76.37% |
| 2023-12-31 | £21.21 Million ≈ $28.49 Million |
-42.87% |
| 2022-12-31 | £37.13 Million ≈ $49.87 Million |
-14.40% |
| 2021-12-31 | £43.38 Million ≈ $58.26 Million |
+71.46% |
| 2020-12-31 | £25.30 Million ≈ $33.98 Million |
+63.58% |
| 2019-12-31 | £15.47 Million ≈ $20.77 Million |
+30.30% |
| 2018-12-31 | £11.87 Million ≈ $15.94 Million |
-28.61% |
| 2017-12-31 | £16.63 Million ≈ $22.33 Million |
+193.46% |
| 2017-06-30 | £5.67 Million ≈ $7.61 Million |
+593.45% |
| 2016-06-30 | £817.04K ≈ $1.10 Million |
+130.99% |
| 2015-06-30 | £-2.64 Million ≈ $-3.54 Million |
+72.78% |
| 2014-06-30 | £-9.68 Million ≈ $-13.01 Million |
-343.09% |
| 2013-06-30 | £3.98 Million ≈ $5.35 Million |
+581.53% |
| 2012-06-30 | £-827.33K ≈ $-1.11 Million |
-153.14% |
| 2011-06-30 | £1.56 Million ≈ $2.09 Million |
-60.82% |
| 2010-06-30 | £3.97 Million ≈ $5.34 Million |
-12.91% |
| 2009-06-30 | £4.56 Million ≈ $6.13 Million |
+236.43% |
| 2008-06-30 | £1.36 Million ≈ $1.82 Million |
+208.80% |
| 2007-04-30 | £439.14K ≈ $589.73K |
+82.17% |
| 2006-04-30 | £241.06K ≈ $323.73K |
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Equity Component Analysis
This analysis shows how different components contribute to EQTEC plc'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 11937120100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | £4.35 Million | 58.52% |
| Other Components | £122.92 Million | 1654.37% |
| Total Equity | £7.43 Million | 100.00% |
EQTEC plc Competitors by Market Cap
The table below lists competitors of EQTEC plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Syra Health Corp. Class A Common Stock
NASDAQ:SYRA
|
$3.20 Million |
|
8I Holdings Ltd
AU:8IH
|
$3.20 Million |
|
Kuniko Ltd
AU:KNI
|
$3.20 Million |
|
Millennium Silver Corp
V:MSC
|
$3.20 Million |
|
Australasian Metals Ltd
AU:A8G
|
$3.19 Million |
|
Elong Power Holding Limited Class A Ordinary Shares
NASDAQ:ELPW
|
$3.19 Million |
|
Aurora Investment Trust plc
LSE:ARR
|
$3.19 Million |
|
Hargreaves Services Plc
LSE:HSP
|
$3.19 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in EQTEC plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 23,520,758 to 7,429,908, a change of -16,090,850 (-68.4%).
- Net loss of 19,418,006 reduced equity.
- New share issuances of 2,395,809 increased equity.
- Other comprehensive income decreased equity by 2,694,125.
- Other factors increased equity by 3,625,472.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | £-19.42 Million | -261.35% |
| Share Issuances | £2.40 Million | +32.25% |
| Other Comprehensive Income | £-2.69 Million | -36.26% |
| Other Changes | £3.63 Million | +48.8% |
| Total Change | £- | -68.41% |
Book Value vs Market Value Analysis
This analysis compares EQTEC plc'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
- Current price-to-book ratio: 0.58x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.00x to 0.58x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-04-30 | £34.02 | £0.02 | x |
| 2007-04-30 | £-31.93 | £0.02 | x |
| 2009-06-30 | £1057.24 | £0.02 | x |
| 2010-06-30 | £618.51 | £0.02 | x |
| 2011-06-30 | £112.92 | £0.02 | x |
| 2012-06-30 | £-314.14 | £0.02 | x |
| 2013-06-30 | £259.38 | £0.02 | x |
| 2014-06-30 | £-390.93 | £0.02 | x |
| 2015-06-30 | £-118.44 | £0.02 | x |
| 2016-06-30 | £-11.81 | £0.02 | x |
| 2017-06-30 | £36.22 | £0.02 | x |
| 2017-12-31 | £6.69 | £0.02 | x |
| 2018-12-31 | £0.92 | £0.02 | x |
| 2019-12-31 | £0.69 | £0.02 | x |
| 2020-12-31 | £0.51 | £0.02 | x |
| 2021-12-31 | £0.58 | £0.02 | x |
| 2022-12-31 | £0.44 | £0.02 | x |
| 2023-12-31 | £0.21 | £0.02 | x |
| 2024-12-31 | £0.03 | £0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently EQTEC plc 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): -261.35%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -882.02%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 1.84x
- Recent ROE (-261.35%) is below the historical average (-98.08%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | -342.55% | -17.35% | 0.42x | 46.55x | £-478.38K |
| 2007 | 0.00% | -29.75% | 0.77x | 0.00x | £-2.26 Million |
| 2009 | -150.59% | -103.69% | 0.31x | 4.64x | £-6.54 Million |
| 2010 | -101.54% | -37.55% | 0.43x | 6.27x | £-3.72 Million |
| 2011 | -620.18% | -42.19% | 0.53x | 27.86x | £-4.77 Million |
| 2012 | 0.00% | -25.59% | 0.56x | 0.00x | £-2.41 Million |
| 2013 | -72.00% | -107.67% | 0.21x | 3.22x | £-3.27 Million |
| 2014 | 0.00% | -2341.79% | 0.20x | 0.00x | £-14.25 Million |
| 2015 | 0.00% | 1900.25% | 0.04x | 0.00x | £5.83 Million |
| 2016 | 0.00% | -2253.91% | 0.00x | 0.00x | £-958.76K |
| 2017 | -44.95% | -4728.18% | 0.00x | 2.66x | £-2.36 Million |
| 2017 | -23.92% | -10576.50% | 0.00x | 1.39x | £-6.09 Million |
| 2018 | -68.52% | -454.23% | 0.11x | 1.40x | £-11.32 Million |
| 2019 | -20.14% | -212.47% | 0.08x | 1.14x | £-5.36 Million |
| 2020 | -20.94% | -257.87% | 0.08x | 1.08x | £-8.52 Million |
| 2021 | -10.27% | -51.25% | 0.18x | 1.10x | £-9.28 Million |
| 2022 | -26.72% | -132.06% | 0.16x | 1.26x | £-14.46 Million |
| 2023 | -99.95% | -923.00% | 0.09x | 1.26x | £-25.86 Million |
| 2024 | -261.35% | -882.02% | 0.16x | 1.84x | £-20.16 Million |
Industry Comparison
This section compares EQTEC plc's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $100,752,444
- Average return on equity (ROE) among peers: 9.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| EQTEC plc (EQT) | £4.59 Million | -342.55% | 2.01x | $3.20 Million |
| Avingtrans Plc (AVG) | $98.96 Million | 4.03% | 0.44x | $2.57 Million |
| Bodycote PLC (BOY) | $31.46 Million | 18.28% | 0.83x | $14.10 Million |
| Castings PLC (CGS) | $60.73 Million | 11.18% | 0.37x | $1.42 Million |
| Clean Power Hydrogen PLC (CPH2) | $25.17 Million | -13.68% | 0.17x | $659.67K |
| Goodwin PLC (GDWN) | $142.21 Million | 17.28% | 1.01x | $11.18 Million |
| IMI PLC (IMI) | $402.00 Million | 32.39% | 2.46x | $81.97 Million |
| ITM Power (ITM) | $8.44 Million | -14.29% | 0.02x | $12.18 Million |
| Morgan Advanced Materials plc (MGAM) | $96.80 Million | 13.43% | 1.06x | $7.29 Million |
| MPAC Group PLC (MPAC) | $41.00 Million | 17.32% | 0.93x | $859.88K |
About EQTEC plc
EQTEC plc provides advanced gasification technology that fuels by waste from industrial, municipal, agricultural, forestry and other sources in the Republic of Ireland, the United Kingdom, European Union, and the United States. It also provides design and engineering; equipment supply; commissioning and operation; licensing and maintenance support services. The company serves its products to util… Read more