elexxion AG (E8X) - Net Assets
Based on the latest financial reports, elexxion AG (E8X) has net assets worth €-0.01 EUR (≈ $-0.01 USD) as of December 2022. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€4.57K ≈ $5.34K USD) and total liabilities (€4.57K ≈ $5.34K 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 how resilient are elexxion AG's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €-0.01 |
| % of Total Assets | -0.0% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 459.29 |
elexxion AG - Net Assets Trend (2004–2022)
This chart illustrates how elexxion AG's net assets have evolved over time, based on quarterly financial data. Also explore elexxion AG balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for elexxion AG (2004–2022)
The table below shows the annual net assets of elexxion AG from 2004 to 2022. For live valuation and market cap data, see elexxion AG (E8X) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | €0.00 ≈ $0.00 |
-- |
| 2021-12-31 | €-2.94 Million ≈ $-3.43 Million |
-13.90% |
| 2020-12-31 | €-2.58 Million ≈ $-3.02 Million |
-36.30% |
| 2019-12-31 | €-1.89 Million ≈ $-2.21 Million |
-- |
| 2018-12-31 | €0.00 ≈ $0.00 |
-- |
| 2017-12-31 | €0.00 ≈ $0.00 |
-- |
| 2016-12-31 | €0.00 ≈ $0.00 |
-- |
| 2015-12-31 | €0.00 ≈ $0.00 |
-- |
| 2014-12-31 | €-0.01 ≈ $-0.01 |
-- |
| 2013-12-31 | €0.00 ≈ $0.00 |
-- |
| 2012-12-31 | €1.35K ≈ $1.58K |
-97.79% |
| 2011-12-31 | €60.94K ≈ $71.24K |
-92.01% |
| 2010-12-31 | €762.79K ≈ $891.79K |
+137.76% |
| 2009-12-31 | €320.82K ≈ $375.07K |
-86.93% |
| 2008-12-31 | €2.45 Million ≈ $2.87 Million |
-28.19% |
| 2007-12-31 | €3.42 Million ≈ $3.99 Million |
+24.44% |
| 2006-12-31 | €2.75 Million ≈ $3.21 Million |
+1407.76% |
| 2005-12-31 | €182.12K ≈ $212.92K |
-39.52% |
| 2004-12-31 | €301.14K ≈ $352.06K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to elexxion AG'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 2371854400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €9.90 Million | % |
| Other Comprehensive Income | €3.92 Million | % |
| Other Components | €6.32 Million | % |
| Total Equity | €-3.92 Million | 100.00% |
elexxion AG Competitors by Market Cap
The table below lists competitors of elexxion AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Smart Agro LP
TA:SMAG
|
$1.39 Million |
|
Tali Digital Ltd
AU:TD1
|
$1.39 Million |
|
Pharos Energy plc
LSE:PHAR
|
$1.39 Million |
|
SRx Health Solutions Inc.
NYSE MKT:SRXH
|
$1.39 Million |
|
Advent Technologies Holdings Inc
NASDAQ:ADN
|
$1.38 Million |
|
Northgold AB
ST:NG
|
$1.38 Million |
|
Assetowl Ltd
AU:AO1
|
$1.38 Million |
|
Hargreave Hale Aim Vct PLC
LSE:HHV
|
$1.37 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in elexxion AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from -2,937,658 to -3,920,728, a change of -983,070.
- Net loss of 983,069 reduced equity.
- Other comprehensive income increased equity by 983,070.
- Other factors decreased equity by 983,071.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-983.07K | -25.07% |
| Other Comprehensive Income | €983.07K | +25.07% |
| Other Changes | €-983.07K | -25.07% |
| Total Change | €- | % |
Book Value vs Market Value Analysis
This analysis compares elexxion AG'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | €0.07 | €0.14 | x |
| 2005-12-31 | €0.05 | €0.14 | x |
| 2006-12-31 | €0.68 | €0.14 | x |
| 2007-12-31 | €0.38 | €0.14 | x |
| 2008-12-31 | €0.27 | €0.14 | x |
| 2009-12-31 | €0.04 | €0.14 | x |
| 2010-12-31 | €0.13 | €0.14 | x |
| 2011-12-31 | €0.01 | €0.14 | x |
| 2012-12-31 | €0.00 | €0.14 | x |
| 2013-12-31 | €-0.05 | €0.14 | x |
| 2014-12-31 | €-0.54 | €0.14 | x |
| 2015-12-31 | €-0.54 | €0.14 | x |
| 2016-12-31 | €-0.60 | €0.14 | x |
| 2017-12-31 | €-0.70 | €0.14 | x |
| 2018-12-31 | €-0.70 | €0.14 | x |
| 2019-12-31 | €-0.19 | €0.14 | x |
| 2020-12-31 | €-0.26 | €0.14 | x |
| 2021-12-31 | €-0.30 | €0.14 | x |
| 2022-12-31 | €-0.40 | €0.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently elexxion AG 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -221.47%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-6547.36%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 23.31% | 4.09% | 2.66x | 2.14x | €40.09K |
| 2005 | -204.07% | -19.43% | 2.17x | 4.85x | €-389.85K |
| 2006 | -48.16% | -55.61% | 0.59x | 1.47x | €-1.60 Million |
| 2007 | -50.08% | -62.67% | 0.59x | 1.36x | €-2.05 Million |
| 2008 | -118.02% | -103.34% | 0.63x | 1.82x | €-3.14 Million |
| 2009 | -664.84% | -90.91% | 0.77x | 9.50x | €-2.17 Million |
| 2010 | -178.26% | -88.36% | 1.37x | 1.47x | €-1.44 Million |
| 2011 | -2137.40% | -48.32% | 1.90x | 23.25x | €-1.31 Million |
| 2012 | -121022.36% | -79.25% | 1.46x | 1048.76x | €-1.63 Million |
| 2013 | 0.00% | -54.14% | 1.24x | 0.00x | €-1.19 Million |
| 2014 | 0.00% | -41.77% | 0.68x | 0.00x | €-250.27 |
| 2015 | 0.00% | -36.49% | 0.58x | 0.00x | €-177.18 |
| 2016 | 0.00% | 48.91% | 0.78x | 0.00x | €1.30K |
| 2017 | 0.00% | -86.30% | 0.69x | 0.00x | €-549.56 |
| 2018 | 0.00% | -139.10% | 0.24x | 0.00x | €-268.95 |
| 2019 | 0.00% | -158.92% | 0.77x | 0.00x | €-890.54K |
| 2020 | 0.00% | -93.80% | 0.84x | 0.00x | €-429.05K |
| 2021 | 0.00% | -34.84% | 1.21x | 0.00x | €-64.65K |
| 2022 | 0.00% | -221.47% | 0.10x | 0.00x | €-591.00K |
Industry Comparison
This section compares elexxion AG's net assets metrics with peer companies in the Medical Devices industry.
Industry Context
- Industry: Medical Devices
- Average net assets among peers: $1,037,240,478
- Average return on equity (ROE) among peers: -29.61%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| elexxion AG (E8X) | €-0.01 | 23.31% | N/A | $1.39 Million |
| HeraMED Limited (1I4) | $2.77 Million | -198.14% | 0.62x | $26.40 Million |
| Medtronic PLC (2M6) | $796.50 Million | 20.28% | 0.46x | $102.18 Billion |
| Peijia Medical Limited (4WO) | $2.64 Billion | -15.46% | 0.26x | $403.65 Million |
| AVITA Medical Inc (51KB) | $20.86 Million | -118.03% | 0.23x | $172.49 Million |
| MICROPORT CARDIO.MEDTECH. (72X) | $2.33 Billion | -20.20% | 0.10x | $107.57 Million |
| MODULIGHT OY EO 1 (78W) | $44.68 Million | -10.30% | 0.10x | $43.97 Million |
| ACOTEC SCIEN.H. DL-00001 (7W3) | $1.35 Billion | 3.87% | 0.23x | $377.38 Million |
| LIFETECH SCI.DL-00000125 (81X) | $2.92 Billion | 11.14% | 0.26x | $893.41 Million |
| ORTOMA AB B (82Y) | $130.04 Million | -8.30% | 0.03x | $26.39 Million |
| COPLAND ROAD CAPITAL NEW (A2P) | $134.20 Million | 39.08% | 1.23x | $594.67 Million |
About elexxion AG
elexxion AG develops, produces, and sells dental lasers for soft and hard tissue applications primarily in Germany. The company offers dental diode lasers under the elexxion pico, elexxion nano, and elexxion claros names; and elexxion pico lite, a soft laser therapy. It also provides SNORE3 therapy; and perio green, a therapy product for the photothermal therapy of periodontology and periimplanti… Read more