Hygrovest Ltd
Hygrovest Limited operates as a specialist investment company. It focuses on producing capital growth for shareholders over the medium term from investments in listed and unlisted equities and debt securities. The company was formerly known as MMJ Group Holdings Limited and changed its name to Hygrovest Limited in December 2021. Hygrovest Limited was incorporated in 2014 and is headquartered in S… Read more
Hygrovest Ltd (HGV) - Total Assets
Latest total assets as of June 2024: AU$21.90 Million AUD
Based on the latest financial reports, Hygrovest Ltd (HGV) holds total assets worth AU$21.90 Million AUD as of June 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Hygrovest Ltd - Total Assets Trend (2014–2024)
This chart illustrates how Hygrovest Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Hygrovest Ltd - Asset Composition Analysis
Current Asset Composition (June 2024)
Hygrovest Ltd's total assets of AU$21.90 Million consist of 99.7% current assets and 0.3% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 0.9% |
| Accounts Receivable | AU$89.00K | 0.4% |
| Inventory | AU$0.00 | 0.0% |
| Property, Plant & Equipment | AU$0.00 | 0.0% |
| Intangible Assets | AU$0.00 | 0.0% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (2014–2024)
This chart illustrates how Hygrovest Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Hygrovest Ltd's current assets represent 99.7% of total assets in 2024, a decrease from 100.0% in 2014.
- Cash Position: Cash and equivalents constituted 0.9% of total assets in 2024, down from 98.9% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2014.
- Asset Diversification: The largest asset category is accounts receivable at 0.4% of total assets.
Hygrovest Ltd Competitors by Total Assets
Key competitors of Hygrovest Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Bexil Cp
PINK:BXLC
|
USA | $29.44 Million |
|
Norte Grande
SN:NORTEGRAN
|
Chile | CL$2.91 Billion |
|
BlackRock Capital Allocation Trust
NYSE:BCAT
|
USA | $1.87 Billion |
|
Big Tech 50 R&D-Limited Partnership
TA:BIGT
|
Israel | ILA14.08 Million |
|
Zhuhai Huajin Capital Co Ltd
SHE:000532
|
China | CN¥2.38 Billion |
|
Shaanxi International Trust Co Ltd
SHE:000563
|
China | CN¥29.45 Billion |
|
Sichuan Shuangma Cement Co Ltd
SHE:000935
|
China | CN¥9.30 Billion |
|
Sk Securities
KO:001510
|
Korea | ₩7.28 Trillion |
Hygrovest Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Hygrovest Ltd generates 0.01x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Hygrovest Ltd is currently not profitable relative to its asset base.
Hygrovest Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 135.53 | 85.82 | 14.85 |
| Quick Ratio | 135.53 | 157.07 | 25.59 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | AU$21.66 Million | AU$ 21.63 Million | AU$ 89.11 Million |
Hygrovest Ltd - Advanced Valuation Insights
This section examines the relationship between Hygrovest Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.54 |
| Latest Market Cap to Assets Ratio | 0.24 |
| Asset Growth Rate (YoY) | -0.3% |
| Total Assets | AU$21.90 Million |
| Market Capitalization | $5.29 Million USD |
Valuation Analysis
Below Book Valuation: The market values Hygrovest Ltd's assets below their book value (0.24 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Hygrovest Ltd's assets decreased by 0.3% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Hygrovest Ltd (2014–2024)
The table below shows the annual total assets of Hygrovest Ltd from 2014 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-06-30 | AU$21.90 Million | -0.31% |
| 2023-06-30 | AU$21.96 Million | -16.65% |
| 2022-06-30 | AU$26.35 Million | -39.51% |
| 2021-06-30 | AU$43.56 Million | -4.50% |
| 2020-06-30 | AU$45.62 Million | -52.31% |
| 2019-06-30 | AU$95.66 Million | +47.09% |
| 2018-06-30 | AU$65.04 Million | +37.66% |
| 2017-06-30 | AU$47.24 Million | +105.20% |
| 2016-06-30 | AU$23.02 Million | +503.49% |
| 2015-06-30 | AU$3.81 Million | -23.11% |
| 2014-06-30 | AU$4.96 Million | -- |