Anteris Technologies Ltd
Anteris Technologies Global Corp., a structural heart company, discovers, develops, and commercializes medical devices to enhance the quality of life for patients with aortic stenosis. Its lead product candidate is the DurAVR transcatheter heart valve system, a novel transcatheter aortic valve for the treatment of aortic stenosis that is shaped to mimic the performance of a healthy human aortic v… Read more
Anteris Technologies Ltd (AMEUF) - Net Assets
Latest net assets as of June 2024: $4.71 Million USD
Based on the latest financial reports, Anteris Technologies Ltd (AMEUF) has net assets worth $4.71 Million USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($26.53 Million) and total liabilities ($21.82 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $4.71 Million |
| % of Total Assets | 17.75% |
| Annual Growth Rate | 9.11% |
| 5-Year Change | 84.5% |
| 10-Year Change | -25.67% |
| Growth Volatility | 243.53 |
Anteris Technologies Ltd - Net Assets Trend (2003–2023)
This chart illustrates how Anteris Technologies Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Anteris Technologies Ltd (2003–2023)
The table below shows the annual net assets of Anteris Technologies Ltd from 2003 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $28.66 Million | +116.85% |
| 2022-12-31 | $13.22 Million | -7.88% |
| 2021-12-31 | $14.35 Million | +496.04% |
| 2020-12-31 | $2.41 Million | -84.50% |
| 2019-12-31 | $15.54 Million | -27.67% |
| 2018-12-31 | $21.48 Million | +43.90% |
| 2017-12-31 | $14.93 Million | -37.73% |
| 2016-12-31 | $23.97 Million | +5.87% |
| 2015-12-31 | $22.64 Million | -41.28% |
| 2014-12-31 | $38.56 Million | +3.74% |
| 2013-12-31 | $37.17 Million | +146.55% |
| 2012-12-31 | $15.08 Million | +44.49% |
| 2011-12-31 | $10.43 Million | -23.50% |
| 2010-12-31 | $13.64 Million | +1000.52% |
| 2009-12-31 | $1.24 Million | +12.86% |
| 2008-12-31 | $1.10 Million | -20.93% |
| 2007-12-31 | $1.39 Million | -40.62% |
| 2006-12-31 | $2.34 Million | -30.65% |
| 2005-12-31 | $3.37 Million | -11.37% |
| 2004-12-31 | $3.81 Million | -24.09% |
| 2003-12-31 | $5.01 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Anteris Technologies 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 26948619200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $282.99 Million | 989.40% |
| Other Comprehensive Income | $16.04 Million | 56.07% |
| Total Equity | $28.60 Million | 100.00% |
Anteris Technologies Ltd Competitors by Market Cap
The table below lists competitors of Anteris Technologies Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Humm Group Ltd
AU:HUM
|
$98.09 Million |
|
Gossamer Bio Inc
NASDAQ:GOSS
|
$98.09 Million |
|
Kao Fong Machinery Co Ltd
TWO:4510
|
$98.19 Million |
|
Lavvi Empreendimentos Imobiliários S.A
SA:LAVV3
|
$98.19 Million |
|
Carnarvon Energy Ltd
AU:CVN
|
$98.07 Million |
|
Sphera Franchise Group SA MiFID Eligible Security
RO:SFG
|
$98.03 Million |
|
Calfrac Well Services Ltd
PINK:CFWFF
|
$97.96 Million |
|
LGI Ltd
AU:LGI
|
$97.91 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Anteris Technologies Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 13,217,775 to 28,602,013, a change of 15,384,238 (116.4%).
- Net loss of 67,333,386 reduced equity.
- Share repurchases of 4,015,232 reduced equity.
- New share issuances of 78,932,078 increased equity.
- Other comprehensive income increased equity by 12,632,937.
- Other factors decreased equity by 4,832,159.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-67.33 Million | -235.41% |
| Share Repurchases | $4.02 Million | -14.04% |
| Share Issuances | $78.93 Million | +275.97% |
| Other Comprehensive Income | $12.63 Million | +44.17% |
| Other Changes | $-4.83 Million | -16.89% |
| Total Change | $- | 116.39% |
Book Value vs Market Value Analysis
This analysis compares Anteris Technologies 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
- Current price-to-book ratio: 3.55x
- 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 increased from 0.10x to 3.55x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | $67.22 | $6.50 | x |
| 2004-12-31 | $44.05 | $6.50 | x |
| 2005-12-31 | $31.96 | $6.50 | x |
| 2006-12-31 | $21.74 | $6.50 | x |
| 2007-12-31 | $11.49 | $6.50 | x |
| 2008-12-31 | $10.71 | $6.50 | x |
| 2009-12-31 | $9.26 | $6.50 | x |
| 2010-12-31 | $68.01 | $6.50 | x |
| 2011-12-31 | $15.48 | $6.50 | x |
| 2012-12-31 | $14.35 | $6.50 | x |
| 2013-12-31 | $29.01 | $6.50 | x |
| 2014-12-31 | $23.63 | $6.50 | x |
| 2015-12-31 | $10.87 | $6.50 | x |
| 2016-12-31 | $-0.41 | $6.50 | x |
| 2018-12-31 | $6.91 | $6.50 | x |
| 2019-12-31 | $2.63 | $6.50 | x |
| 2020-12-31 | $0.41 | $6.50 | x |
| 2021-12-31 | $1.93 | $6.50 | x |
| 2022-12-31 | $0.99 | $6.50 | x |
| 2023-12-31 | $1.83 | $6.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Anteris Technologies 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): -235.41%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1637.85%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 1.60x
- Recent ROE (-235.41%) is below the historical average (-122.25%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | -46.46% | 0.00% | 0.00x | 1.01x | $-2.15 Million |
| 2005 | -39.87% | 0.00% | 0.00x | 1.41x | $-1.39 Million |
| 2006 | -104.18% | 0.00% | 0.00x | 1.29x | $-2.29 Million |
| 2007 | -93.52% | 0.00% | 0.00x | 1.30x | $-1.25 Million |
| 2008 | -99.48% | 0.00% | 0.00x | 1.27x | $-1.12 Million |
| 2009 | -96.90% | 0.00% | 0.00x | 1.15x | $-1.30 Million |
| 2010 | -10.42% | -21.05% | 0.46x | 1.08x | $-2.78 Million |
| 2011 | -95.84% | -155.31% | 0.57x | 1.07x | $-11.04 Million |
| 2012 | -14.28% | -25.56% | 0.45x | 1.25x | $-3.22 Million |
| 2013 | -18.74% | -83.75% | 0.20x | 1.13x | $-10.15 Million |
| 2014 | -69.71% | -249.21% | 0.25x | 1.14x | $-28.88 Million |
| 2015 | -115.74% | -169.70% | 0.53x | 1.29x | $-26.09 Million |
| 2016 | 0.00% | -55.15% | 0.78x | 0.00x | $-12.21 Million |
| 2017 | -122.58% | -76.35% | 0.80x | 2.01x | $-18.67 Million |
| 2018 | -114.68% | -94.59% | 0.80x | 1.51x | $-26.33 Million |
| 2019 | -37.46% | -34.08% | 0.66x | 1.67x | $-7.37 Million |
| 2020 | -634.53% | -165.37% | 0.73x | 5.26x | $-15.52 Million |
| 2021 | -159.65% | -294.02% | 0.26x | 2.05x | $-24.34 Million |
| 2022 | -335.46% | -966.01% | 0.20x | 1.78x | $-45.66 Million |
| 2023 | -235.41% | -1637.85% | 0.09x | 1.60x | $-70.19 Million |
Industry Comparison
This section compares Anteris Technologies Ltd's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Anteris Technologies Ltd (AMEUF) | $4.71 Million | -46.46% | 4.63x | $98.07 Million |
| Abcam plc (ABCZF) | $726.90 Million | -1.17% | 0.45x | $5.00 Billion |
| Able View Global Inc. Warrant (ABLVW) | $11.42 Million | 85.41% | 3.81x | $277.93K |
| Above Food Ingredients Inc. Warrants (ABVEW) | $199.86 Million | -2.89% | 0.00x | $6.25 Million |
| Adamas Trust, Inc. (ADAMG) | $2.43 Billion | 7.94% | 1.33x | $2.09 Billion |
| ADS-TEC ENERGY PLC Warrant (ADSEW) | $33.92 Million | -162.39% | 2.67x | $10.06 Million |
| Alliance Entertainment Holding Corporation Warrants (AENTW) | $52.92 Million | 10.13% | 4.23x | $2.29 Million |
| Forafric Global PLC Warrants (AFRIW) | $5.32 Million | -457.58% | 45.29x | $2.67 Million |
| Centurion Acquisition Corp. Warrant (ALFUW) | $282.84 Million | 1.97% | 0.05x | $4.81 Million |
| Alliance Trust PLC (ALITF) | $4.04 Billion | 10.04% | 0.29x | $112.87K |
| Alvotech Warrant (ALVOW) | $-564.42 Million | 0.00% | 0.00x | $35.01 Million |