Nuheara Limited
Nuheara Limited, a wearables technology company, engages in the development and commercialization of hearing technology and products as regulated medical devices in Australia, the United States, and internationally. The company offers IQbuds2 MAX, a hearing bud; IQstream TV for streaming stereo sound from the TV to IQbuds MAX earbuds; IQbuds2 MAX accessories; and Bluetooth transmitters. It sells … Read more
Nuheara Limited (NUHRF) - Net Assets
Latest net assets as of June 2023: $5.11 Million USD
Based on the latest financial reports, Nuheara Limited (NUHRF) has net assets worth $5.11 Million USD as of June 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($13.02 Million) and total liabilities ($7.91 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 | $5.11 Million |
| % of Total Assets | 39.26% |
| Annual Growth Rate | N/A |
| 5-Year Change | -52.23% |
| 10-Year Change | 14840.84% |
| Growth Volatility | 331.1 |
Nuheara Limited - Net Assets Trend (2008–2023)
This chart illustrates how Nuheara 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 Nuheara Limited (2008–2023)
The table below shows the annual net assets of Nuheara Limited from 2008 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-06-30 | $5.11 Million | +138.20% |
| 2022-06-30 | $2.15 Million | -83.30% |
| 2021-06-30 | $12.85 Million | +106.55% |
| 2020-06-30 | $6.22 Million | -41.86% |
| 2019-06-30 | $10.70 Million | -28.77% |
| 2018-06-30 | $15.02 Million | +130.43% |
| 2017-06-30 | $6.52 Million | +238.22% |
| 2016-06-30 | $1.93 Million | +1241.54% |
| 2015-06-30 | $143.64K | +319.94% |
| 2014-06-30 | $34.21K | -95.22% |
| 2013-06-30 | $715.36K | +199.61% |
| 2012-06-30 | $238.76K | -74.06% |
| 2011-06-30 | $920.53K | -48.27% |
| 2010-06-30 | $1.78 Million | -23.03% |
| 2009-06-30 | $2.31 Million | +91592.44% |
| 2008-06-30 | $-2.53K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nuheara 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 7913663800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $79.30 Million | 1553.17% |
| Other Comprehensive Income | $5.05 Million | 98.82% |
| Total Equity | $5.11 Million | 100.00% |
Nuheara Limited Competitors by Market Cap
The table below lists competitors of Nuheara Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TORAY IND INC
BE:TOR1
|
$54.12K |
|
Foresight Group Holdings Limited
LSE:FSG
|
$54.13K |
|
POET TECHNOLOGIES - Dusseldorf Stock Exchang
DU:RI4
|
$54.15K |
|
CHEMRING GROUP
BE:CMN1
|
$54.19K |
|
Medivolve Inc
PINK:MEDVF
|
$54.04K |
|
COMTEX News Network Inc
PINK:CMTX
|
$53.99K |
|
Plasmapp Co. Ltd.
KO:405000
|
$53.97K |
|
Xunlei Ltd
STU:4XN
|
$53.91K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nuheara Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 2,138,120 to 5,105,369, a change of 2,967,249 (138.8%).
- Net loss of 11,154,179 reduced equity.
- Dividend payments of 1,759,158 reduced retained earnings.
- Share repurchases of 556,149 reduced equity.
- New share issuances of 11,384,330 increased equity.
- Other comprehensive income increased equity by 582,875.
- Other factors increased equity by 4,469,530.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-11.15 Million | -218.48% |
| Dividends Paid | $1.76 Million | -34.46% |
| Share Repurchases | $556.15K | -10.89% |
| Share Issuances | $11.38 Million | +222.99% |
| Other Comprehensive Income | $582.88K | +11.42% |
| Other Changes | $4.47 Million | +87.55% |
| Total Change | $- | 138.78% |
Book Value vs Market Value Analysis
This analysis compares Nuheara 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: 0.12x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-06-30 | $0.00 | $0.00 | x |
| 2009-06-30 | $0.06 | $0.00 | x |
| 2010-06-30 | $0.09 | $0.00 | x |
| 2011-06-30 | $0.46 | $0.00 | x |
| 2012-06-30 | $0.10 | $0.00 | x |
| 2013-06-30 | $0.24 | $0.00 | x |
| 2014-06-30 | $0.01 | $0.00 | x |
| 2015-06-30 | $0.03 | $0.00 | x |
| 2016-06-30 | $0.13 | $0.00 | x |
| 2017-06-30 | $0.21 | $0.00 | x |
| 2018-06-30 | $0.37 | $0.00 | x |
| 2019-06-30 | $0.23 | $0.00 | x |
| 2020-06-30 | $0.12 | $0.00 | x |
| 2021-06-30 | $0.16 | $0.00 | x |
| 2022-06-30 | $0.02 | $0.00 | x |
| 2023-06-30 | $0.03 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nuheara 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): -218.48%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -577.56%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 2.55x
- Recent ROE (-218.48%) is above the historical average (-448.65%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 0.00% | 0.00% | 0.00x | 0.00x | $-98.08K |
| 2010 | -41.24% | 0.00% | 0.00x | 1.06x | $-911.87K |
| 2011 | -152.98% | 0.00% | 0.00x | 1.24x | $-1.50 Million |
| 2012 | -658.58% | 0.00% | 0.00x | 2.85x | $-1.60 Million |
| 2013 | -161.27% | 0.00% | 0.00x | 1.21x | $-1.23 Million |
| 2014 | -3504.14% | 0.00% | 0.00x | 3.48x | $-1.20 Million |
| 2015 | -523.38% | 0.00% | 0.00x | 2.76x | $-766.16K |
| 2016 | -348.56% | 0.00% | 0.00x | 1.80x | $-6.91 Million |
| 2017 | -74.25% | -196.23% | 0.28x | 1.33x | $-5.49 Million |
| 2018 | -49.38% | -187.16% | 0.23x | 1.14x | $-8.92 Million |
| 2019 | -93.73% | -451.94% | 0.18x | 1.16x | $-11.10 Million |
| 2020 | -187.97% | -672.06% | 0.15x | 1.91x | $-12.31 Million |
| 2021 | -56.05% | -67.04% | 0.62x | 1.35x | $-8.49 Million |
| 2022 | -659.66% | -364.87% | 0.29x | 6.22x | $-14.32 Million |
| 2023 | -218.48% | -577.56% | 0.15x | 2.55x | $-11.66 Million |
Industry Comparison
This section compares Nuheara Limited's net assets metrics with peer companies in the Consumer Electronics industry.
Industry Context
- Industry: Consumer Electronics
- Average net assets among peers: $9,241,081,002
- Average return on equity (ROE) among peers: -54.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nuheara Limited (NUHRF) | $5.11 Million | 0.00% | 1.55x | $54.11K |
| Apple Inc (AAPL) | $90.49 Billion | 61.06% | 2.74x | $3.73 Trillion |
| Audio Pixels Holdings Limited (ADPXF) | $-11.10 Million | 0.00% | 0.00x | $67.94 Million |
| Atomos Limited (AMOSF) | $54.24 Million | -19.11% | 1.00x | $66.13K |
| Andrea Electronic Cp (ANDR) | $2.00 Million | -35.00% | 0.25x | $6.30K |
| AXIL Brands, Inc. (AXIL) | $504.60K | -34.24% | 1.26x | $17.49 Million |
| Bang & Olufsen a/s (BGOUF) | $1.74 Billion | 16.88% | 0.67x | $201.04 Million |
| Boxlight Corp Class A (BOXL) | $-699.89K | 0.00% | 0.00x | $803.14K |
| Basler Aktiengesellschaft (BSLAF) | $129.36 Million | 16.24% | 0.75x | $138.75 Million |
| Beamz Interactive (BZIC) | $508.51K | -537.01% | 0.55x | $1.00 |
| Capstone Companies Inc (CAPC) | $5.90 Million | -17.14% | 0.10x | $659.69K |