Cirralto Limited
Spenda Limited develops and commercializes technology assets that enable the modernization of business IT systems through conversion, migration, and management of server-based legacy data and systems to the cloud in Australia. It operates through SaaS and Payments, and Lending segments. The company offers business-to-business payment services; merchant services; solutions for integrating payments… Read more
Cirralto Limited (CROTF) - Net Assets
Latest net assets as of June 2024: $34.50 Million USD
Based on the latest financial reports, Cirralto Limited (CROTF) has net assets worth $34.50 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 ($51.05 Million) and total liabilities ($16.54 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 | $34.50 Million |
| % of Total Assets | 67.59% |
| Annual Growth Rate | 40.49% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 63.81 |
Cirralto Limited - Net Assets Trend (2018–2024)
This chart illustrates how Cirralto Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Cirralto Limited (2018–2024)
The table below shows the annual net assets of Cirralto Limited from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | $34.50 Million | -9.65% |
| 2023-06-30 | $38.19 Million | -12.01% |
| 2022-06-30 | $43.40 Million | -46.62% |
| 2021-06-30 | $81.30 Million | +3359.65% |
| 2020-06-30 | $-2.49 Million | -180.78% |
| 2019-06-30 | $3.09 Million | -31.15% |
| 2018-06-30 | $4.48 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cirralto 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 decreased by 8941714700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $177.18 Million | 513.50% |
| Total Equity | $34.50 Million | 100.00% |
Cirralto Limited Competitors by Market Cap
The table below lists competitors of Cirralto Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PT Salim Ivomas Pratama Tbk
STU:2IR
|
$11.50 Million |
|
Ktop Reit
KO:145270
|
$11.51 Million |
|
Hydrogen Freehold & Leasehold Real Estate Investment Trust
BK:HYDROGEN
|
$11.51 Million |
|
The Brand House Collective, Inc.
NASDAQ:TBHC
|
$11.51 Million |
|
Spinnova Oy
HE:SPINN
|
$11.50 Million |
|
Psychemedics Corporation
NASDAQ:PMD
|
$11.49 Million |
|
GRITEE Inc
KQ:204020
|
$11.49 Million |
|
Tartisan Nickel Corp
OTCQX:TTSRF
|
$11.49 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cirralto Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 38,188,026 to 34,504,057, a change of -3,683,969 (-9.6%).
- Net loss of 13,205,019 reduced equity.
- New share issuances of 7,624,600 increased equity.
- Other factors increased equity by 1,896,450.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-13.21 Million | -38.27% |
| Share Issuances | $7.62 Million | +22.1% |
| Other Changes | $1.90 Million | +5.5% |
| Total Change | $- | -9.65% |
Book Value vs Market Value Analysis
This analysis compares Cirralto 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: 1.52x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.92x to 1.52x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-06-30 | $0.01 | $0.01 | x |
| 2019-06-30 | $0.00 | $0.01 | x |
| 2020-06-30 | $0.00 | $0.01 | x |
| 2021-06-30 | $0.03 | $0.01 | x |
| 2022-06-30 | $0.01 | $0.01 | x |
| 2023-06-30 | $0.01 | $0.01 | x |
| 2024-06-30 | $0.01 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cirralto 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): -38.27%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -256.89%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 1.48x
- Recent ROE (-38.27%) is above the historical average (-76.57%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -143.61% | -2135.82% | 0.06x | 1.16x | $-6.89 Million |
| 2019 | -195.52% | -900.07% | 0.18x | 1.19x | $-6.35 Million |
| 2020 | 0.00% | -2179.09% | 0.34x | 0.00x | $-7.19 Million |
| 2021 | -14.04% | -1469.30% | 0.01x | 1.07x | $-19.54 Million |
| 2022 | -115.77% | -16672.49% | 0.01x | 1.25x | $-54.58 Million |
| 2023 | -28.81% | -5665.56% | 0.00x | 1.40x | $-14.82 Million |
| 2024 | -38.27% | -256.89% | 0.10x | 1.48x | $-16.66 Million |
Industry Comparison
This section compares Cirralto Limited's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $237,144,588
- Average return on equity (ROE) among peers: -85.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cirralto Limited (CROTF) | $34.50 Million | -143.61% | 0.48x | $11.50 Million |
| Automatic Bank Services Limited (ABANF) | $231.37 Million | 16.52% | 0.19x | $269.02 Million |
| ACI Worldwide Inc (ACIW) | $76.50 Million | 16.47% | 0.61x | $4.01 Billion |
| Adyen N.V (ADYYF) | $389.78 Million | 18.29% | 1.92x | $34.24 Billion |
| Aeva Technologies, Inc. Common Stock (AEVA) | $99.35 Million | -153.25% | 0.48x | $418.95 Million |
| Aeva Technologies, Inc. Warrants (AEVAW) | $456.38 Million | -22.32% | 0.05x | $3.74 Million |
| Affluence Corporation (AFFU) | $-639.00K | 0.00% | 0.00x | $3.98K |
| Axe Compute Inc. (AGPU) | $923.68K | -706.52% | 2.04x | $2.86 Million |
| C3 Ai Inc (AI) | $838.30 Million | -34.44% | 0.22x | $1.15 Billion |
| iLearningEngines, Inc. (AILE) | $264.32 Million | 1.83% | 0.09x | $17.39 Million |
| PowerFleet, Inc. (AIOT) | $15.17 Million | 5.61% | 0.31x | $383.57 Million |