Liberty Shoes Limited (LIBERTSHOE) - Net Assets
Based on the latest financial reports, Liberty Shoes Limited (LIBERTSHOE) has net assets worth Rs2.28 Billion INR (≈ $24.64 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs5.11 Billion ≈ $55.23 Million USD) and total liabilities (Rs2.83 Billion ≈ $30.58 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 LIBERTSHOE financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs2.28 Billion |
| % of Total Assets | 44.62% |
| Annual Growth Rate | 5.19% |
| 5-Year Change | 19.41% |
| 10-Year Change | 42.75% |
| Growth Volatility | 5.32 |
Liberty Shoes Limited - Net Assets Trend (2006–2025)
This chart illustrates how Liberty Shoes Limited's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Liberty Shoes Limited for the complete picture of this company's asset base.
Annual Net Assets for Liberty Shoes Limited (2006–2025)
The table below shows the annual net assets of Liberty Shoes Limited from 2006 to 2025. For live valuation and market cap data, see LIBERTSHOE stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs2.23 Billion ≈ $24.07 Million |
+6.45% |
| 2024-03-31 | Rs2.09 Billion ≈ $22.61 Million |
+5.50% |
| 2023-03-31 | Rs1.98 Billion ≈ $21.43 Million |
+4.85% |
| 2022-03-31 | Rs1.89 Billion ≈ $20.44 Million |
+1.41% |
| 2021-03-31 | Rs1.86 Billion ≈ $20.16 Million |
+0.13% |
| 2020-03-31 | Rs1.86 Billion ≈ $20.13 Million |
+6.28% |
| 2019-03-31 | Rs1.75 Billion ≈ $18.94 Million |
+4.07% |
| 2018-03-31 | Rs1.68 Billion ≈ $18.20 Million |
+3.75% |
| 2017-03-31 | Rs1.62 Billion ≈ $17.54 Million |
+4.05% |
| 2016-03-31 | Rs1.56 Billion ≈ $16.86 Million |
+7.06% |
| 2015-03-31 | Rs1.46 Billion ≈ $15.75 Million |
+5.35% |
| 2014-03-31 | Rs1.38 Billion ≈ $14.95 Million |
+1.09% |
| 2013-03-31 | Rs1.37 Billion ≈ $14.79 Million |
+3.76% |
| 2012-03-31 | Rs1.32 Billion ≈ $14.25 Million |
-0.65% |
| 2011-03-31 | Rs1.33 Billion ≈ $14.35 Million |
+9.50% |
| 2010-03-31 | Rs1.21 Billion ≈ $13.10 Million |
+17.05% |
| 2009-03-31 | Rs1.03 Billion ≈ $11.19 Million |
-4.59% |
| 2008-03-31 | Rs1.08 Billion ≈ $11.73 Million |
+18.28% |
| 2007-03-31 | Rs917.03 Million ≈ $9.92 Million |
+7.84% |
| 2006-03-31 | Rs850.37 Million ≈ $9.20 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Liberty Shoes Limited'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 grown by 71503200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs715.03 Million | 32.13% |
| Common Stock | Rs170.40 Million | 7.66% |
| Other Comprehensive Income | Rs1.23 Billion | 55.15% |
| Other Components | Rs112.72 Million | 5.06% |
| Total Equity | Rs2.23 Billion | 100.00% |
Liberty Shoes Limited Competitors by Market Cap
The table below lists competitors of Liberty Shoes Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Homeritz Corporation Bhd
KLSE:5160
|
$46.66 Million |
|
HYUNDAI BIOLAND Co.Ltd
KQ:052260
|
$46.66 Million |
|
SCD Co. Ltd
KQ:042110
|
$46.68 Million |
|
AGX Group Berhad
KLSE:0299
|
$46.73 Million |
|
Whitbread PLC
LSE:WTB
|
$46.64 Million |
|
Yesco Holdings Co. Ltd
KO:015360
|
$46.62 Million |
|
SGA Solutions Co.Ltd
KQ:184230
|
$46.60 Million |
|
CZR Resources Ltd
AU:CZR
|
$46.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Liberty Shoes Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,090,679,000 to 2,225,561,000, a change of 134,882,000 (6.5%).
- Net income of 135,612,000 contributed positively to equity growth.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs135.61 Million | +6.09% |
| Other Changes | Rs-730.00K | -0.03% |
| Total Change | Rs- | 6.45% |
Book Value vs Market Value Analysis
This analysis compares Liberty Shoes Limited'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: 1.94x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 4.53x to 1.94x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | Rs55.91 | Rs253.11 | x |
| 2007-03-31 | Rs53.81 | Rs253.11 | x |
| 2008-03-31 | Rs63.16 | Rs253.11 | x |
| 2009-03-31 | Rs60.43 | Rs253.11 | x |
| 2010-03-31 | Rs70.92 | Rs253.11 | x |
| 2011-03-31 | Rs77.74 | Rs253.11 | x |
| 2012-03-31 | Rs10.00 | Rs253.11 | x |
| 2013-03-31 | Rs80.25 | Rs253.11 | x |
| 2014-03-31 | Rs81.12 | Rs253.11 | x |
| 2015-03-31 | Rs85.46 | Rs253.11 | x |
| 2016-03-31 | Rs91.49 | Rs253.11 | x |
| 2017-03-31 | Rs95.20 | Rs253.11 | x |
| 2018-03-31 | Rs98.77 | Rs253.11 | x |
| 2019-03-31 | Rs102.78 | Rs253.11 | x |
| 2020-03-31 | Rs109.24 | Rs253.11 | x |
| 2021-03-31 | Rs109.38 | Rs253.11 | x |
| 2022-03-31 | Rs110.92 | Rs253.11 | x |
| 2023-03-31 | Rs116.30 | Rs253.11 | x |
| 2024-03-31 | Rs122.69 | Rs253.11 | x |
| 2025-03-31 | Rs130.47 | Rs253.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Liberty Shoes Limited 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): 6.09%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.01%
- • Asset Turnover: 1.36x
- • Equity Multiplier: 2.23x
- Recent ROE (6.09%) is below the historical average (6.83%), 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 | 22.85% | 8.89% | 1.05x | 2.44x | Rs103.11 Million |
| 2007 | 12.56% | 5.09% | 0.77x | 3.22x | Rs23.47 Million |
| 2008 | 3.67% | 1.52% | 0.83x | 2.89x | Rs-68.12 Million |
| 2009 | -5.10% | -2.02% | 0.84x | 2.99x | Rs-155.48 Million |
| 2010 | 3.84% | 1.73% | 0.93x | 2.38x | Rs-74.45 Million |
| 2011 | 4.79% | 2.05% | 0.99x | 2.36x | Rs-68.99 Million |
| 2012 | 25.73% | 1.23% | 1.07x | 19.49x | Rs26.80 Million |
| 2013 | 3.94% | 1.48% | 1.04x | 2.57x | Rs-82.86 Million |
| 2014 | 9.60% | 2.74% | 1.31x | 2.67x | Rs-5.54 Million |
| 2015 | 11.62% | 3.22% | 1.30x | 2.79x | Rs23.61 Million |
| 2016 | 6.45% | 2.21% | 1.16x | 2.51x | Rs-55.35 Million |
| 2017 | 3.94% | 1.28% | 1.17x | 2.63x | Rs-98.32 Million |
| 2018 | 3.92% | 1.21% | 1.32x | 2.46x | Rs-102.29 Million |
| 2019 | 3.91% | 1.14% | 1.43x | 2.40x | Rs-106.71 Million |
| 2020 | 5.69% | 1.63% | 1.01x | 3.45x | Rs-80.25 Million |
| 2021 | 0.13% | 0.06% | 0.88x | 2.78x | Rs-183.86 Million |
| 2022 | 1.19% | 0.46% | 1.12x | 2.28x | Rs-166.57 Million |
| 2023 | 6.52% | 1.97% | 1.39x | 2.38x | Rs-69.06 Million |
| 2024 | 5.34% | 1.75% | 1.37x | 2.22x | Rs-97.49 Million |
| 2025 | 6.09% | 2.01% | 1.36x | 2.23x | Rs-86.94 Million |
Industry Comparison
This section compares Liberty Shoes Limited's net assets metrics with peer companies in the Footwear & Accessories industry.
Industry Context
- Industry: Footwear & Accessories
- Average net assets among peers: $4,973,462,528
- Average return on equity (ROE) among peers: 7.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Liberty Shoes Limited (LIBERTSHOE) | Rs2.28 Billion | 22.85% | 1.24x | $46.64 Million |
| Banaras Beads Limited (BANARBEADS) | $542.40 Million | 5.07% | 0.10x | $8.04 Million |
| Bata India Limited (BATAINDIA) | $17.42 Billion | 18.89% | 0.42x | $998.63 Million |
| Brand Concepts Limited (BCONCEPTS) | $187.17 Million | -33.64% | 2.79x | $31.58 Million |
| Bhartiya International Limited (BIL) | $985.07 Million | 2.26% | 1.05x | $111.15 Million |
| Campus Activewear Limited (CAMPUS) | $7.57 Billion | 16.02% | 0.73x | $820.14 Million |
| Khadim India Limited (KHADIM) | $738.16 Million | 16.46% | 4.43x | $20.02 Million |
| Mirza International Limited (MIRZAINT) | $5.72 Billion | 13.71% | 0.75x | $48.77 Million |
| Redtape Limited (REDTAPE) | $7.89 Billion | 21.58% | 1.82x | $768.11 Million |
| Sreeleathers Limited (SREEL) | $3.72 Billion | 6.89% | 0.06x | $45.49 Million |
About Liberty Shoes Limited
Liberty Shoes Ltd. manufactures and trades in footwear, accessories, and lifestyle products in India and internationally. The company offers shoes, boots, fashion, slip-ons, ballerinas, slippers, sandals, formal, and casual footwear under the AHA, Coolers, Force 10, Fortune, Gliders, Healers, Leap7X, Prefect, Lucy & Luke, Warrior, Freedom, Liberty Lifestyle, and Senorita brands. The company opera… Read more