Itaconix plc (ITX) - Net Assets
Based on the latest financial reports, Itaconix plc (ITX) has net assets worth GBX6.91 Million GBX (≈ $840.35 USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX10.12 Million ≈ $1.23K USD) and total liabilities (GBX3.22 Million ≈ $391.37 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 Itaconix plc tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX6.91 Million |
| % of Total Assets | 68.23% |
| Annual Growth Rate | 0.12% |
| 5-Year Change | N/A |
| 10-Year Change | -38.98% |
| Growth Volatility | 196.62 |
Itaconix plc - Net Assets Trend (2009–2024)
This chart illustrates how Itaconix plc's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Itaconix plc to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Itaconix plc (2009–2024)
The table below shows the annual net assets of Itaconix plc from 2009 to 2024. For live valuation and market cap data, see ITX stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX9.33 Million ≈ $1.14K |
+5.08% |
| 2023-12-31 | GBX8.88 Million ≈ $1.08K |
+1505.90% |
| 2022-12-31 | GBX-631.78K ≈ $-76.87 |
-231.32% |
| 2021-12-31 | GBX481.09K ≈ $58.53 |
+204.80% |
| 2020-12-31 | GBX-459.07K ≈ $-55.86 |
+40.89% |
| 2019-12-31 | GBX-776.62K ≈ $-94.49 |
-434.45% |
| 2018-12-31 | GBX232.21K ≈ $28.25 |
-95.67% |
| 2017-12-31 | GBX5.37 Million ≈ $652.78 |
-66.27% |
| 2016-12-31 | GBX15.90 Million ≈ $1.94K |
+3.99% |
| 2015-12-31 | GBX15.30 Million ≈ $1.86K |
-20.68% |
| 2014-12-31 | GBX19.28 Million ≈ $2.35K |
-27.30% |
| 2013-12-31 | GBX26.52 Million ≈ $3.23K |
-22.19% |
| 2012-12-31 | GBX34.08 Million ≈ $4.15K |
+455.92% |
| 2011-12-31 | GBX6.13 Million ≈ $745.99 |
+90.44% |
| 2010-12-31 | GBX3.22 Million ≈ $391.72 |
-64.90% |
| 2009-12-31 | GBX9.17 Million ≈ $1.12K |
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Equity Component Analysis
This analysis shows how different components contribute to Itaconix 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 7786994083.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX8.66 Million | 92.84% |
| Other Comprehensive Income | GBX1.02 Million | 10.91% |
| Other Components | GBX89.61 Million | 960.11% |
| Total Equity | GBX9.33 Million | 100.00% |
Itaconix plc Competitors by Market Cap
The table below lists competitors of Itaconix plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ebiquity Plc
LSE:EBQ
|
$181.80K |
|
Trustco Group Holdings
JSE:TTO
|
$182.74K |
|
SysGroup PLC
LSE:SYS
|
$183.36K |
|
Ratu Prabu Energi Tbk
JK:ARTI
|
$183.76K |
|
Sable Exploration and Mining Ltd
JSE:SXM
|
$180.37K |
|
Creightons Plc
LSE:CRL
|
$179.26K |
|
Tekcapital plc
LSE:TEK
|
$178.36K |
|
MERCANTILE PORTS+LOGI.LTD
F:9KS0
|
$178.16K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Itaconix plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,882,160 to 9,333,000, a change of 450,840 (5.1%).
- Net loss of 1,865,000 reduced equity.
- Other comprehensive income decreased equity by 24,588,887.
- Other factors increased equity by 26,904,727.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-1.86 Million | -19.98% |
| Other Comprehensive Income | GBX-24.59 Million | -263.46% |
| Other Changes | GBX26.90 Million | +288.28% |
| Total Change | GBX- | 5.08% |
Book Value vs Market Value Analysis
This analysis compares Itaconix 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: 158.95x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 875.24x to 158.95x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | GBX0.13 | GBX110.00 | x |
| 2010-12-31 | GBX0.04 | GBX110.00 | x |
| 2011-12-31 | GBX0.10 | GBX110.00 | x |
| 2012-12-31 | GBX0.62 | GBX110.00 | x |
| 2013-12-31 | GBX24.56 | GBX110.00 | x |
| 2014-12-31 | GBX17.19 | GBX110.00 | x |
| 2015-12-31 | GBX13.51 | GBX110.00 | x |
| 2016-12-31 | GBX5.44 | GBX110.00 | x |
| 2017-12-31 | GBX1.84 | GBX110.00 | x |
| 2018-12-31 | GBX0.07 | GBX110.00 | x |
| 2019-12-31 | GBX-0.14 | GBX110.00 | x |
| 2020-12-31 | GBX-0.07 | GBX110.00 | x |
| 2021-12-31 | GBX0.05 | GBX110.00 | x |
| 2022-12-31 | GBX-0.07 | GBX110.00 | x |
| 2023-12-31 | GBX0.69 | GBX110.00 | x |
| 2024-12-31 | GBX0.69 | GBX110.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Itaconix 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): -19.98%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -28.68%
- • Asset Turnover: 0.49x
- • Equity Multiplier: 1.41x
- Recent ROE (-19.98%) is above the historical average (-300.33%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | -62.28% | -29443.15% | 0.00x | 1.09x | GBX-6.63 Million |
| 2010 | -206.47% | -86140.02% | 0.00x | 1.34x | GBX-6.97 Million |
| 2011 | -99.39% | -2616.67% | 0.03x | 1.27x | GBX-6.71 Million |
| 2012 | -47.76% | -5723.88% | 0.01x | 1.09x | GBX-19.69 Million |
| 2013 | -32.85% | -1000.76% | 0.03x | 1.17x | GBX-11.37 Million |
| 2014 | -34.67% | -420.25% | 0.07x | 1.15x | GBX-8.61 Million |
| 2015 | -17.36% | -143.47% | 0.10x | 1.17x | GBX-4.18 Million |
| 2016 | -44.34% | -2005.62% | 0.01x | 1.50x | GBX-8.64 Million |
| 2017 | -189.02% | -1833.82% | 0.07x | 1.40x | GBX-10.68 Million |
| 2018 | -3965.04% | -1099.39% | 0.17x | 21.57x | GBX-9.23 Million |
| 2019 | 0.00% | -105.43% | 0.40x | 0.00x | GBX-980.15K |
| 2020 | 0.00% | -53.08% | 0.73x | 0.00x | GBX-1.24 Million |
| 2021 | -68.77% | -12.74% | 1.07x | 5.05x | GBX-378.94K |
| 2022 | 0.00% | -43.98% | 2.22x | 0.00x | GBX-1.94 Million |
| 2023 | -17.29% | -24.89% | 0.52x | 1.35x | GBX-2.42 Million |
| 2024 | -19.98% | -28.68% | 0.49x | 1.41x | GBX-2.80 Million |
Industry Comparison
This section compares Itaconix plc's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $335,091,115
- Average return on equity (ROE) among peers: -17.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Itaconix plc (ITX) | GBX6.91 Million | -62.28% | 0.47x | $180.50K |
| Biome Technologies Plc (BIOM) | $3.75 Million | 3.81% | 0.48x | $62.73K |
| Croda International PLC (CRDA) | $158.20 Million | 15.04% | 5.21x | $52.21 Million |
| Directa Plus PLC (DCTA) | $7.15 Million | -71.89% | 0.64x | $85.76K |
| Elementis PLC (ELM) | $1.13 Billion | 12.02% | 0.92x | $10.80 Million |
| Essentra PLC (ESNT) | $130.30 Million | 24.25% | 2.25x | $2.94 Million |
| Haydale Graphene Industries (HAYD) | $7.45 Million | -53.90% | 0.76x | $170.94K |
| Hardide PLC (HDD) | $485.00K | -97.73% | 2.30x | $652.07K |
| Iofina plc (IOF) | $20.75 Million | -14.34% | 1.16x | $1.19 Million |
| Johnson Matthey PLC (JMAT) | $1.55 Billion | 21.90% | 1.44x | $43.46 Million |
About Itaconix plc
Itaconix plc, together with its subsidiaries, engages in the development of plant-based polymers for home and personal care applications in North America, Europe, and internationally. It offers cleaning products, including Itaconix DSP 2K, Itaconix TSI 422, Itaconix TSI 322, Itaconix ONZ 100, Itaconix ONZ 105, Itaconix ONZ 400, Itaconix ONZ 075, Itaconix ONZ 405, and Itaconix SF 505; and hygiene … Read more