HITIQ Ltd Total Assets
HITIQ Ltd total assets. Based on the latest financial reports, HITIQ Ltd (HIQ) holds total assets worth AU$3.28 Million AUD (≈ $2.32 Million USD) as of June 2025. 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. Also see market value of HITIQ Ltd for the company's overall valuation and market capitalisation.
Total Assets of HITIQ Ltd (2018–2024)
Total assets of HITIQ Ltd from 2018 to 2024. This chart illustrates how HITIQ Ltd's total assets have evolved over time, based on quarterly financial data. See HITIQ Ltd (HIQ) share price today for real-time trading data and today's change.
HITIQ Ltd - Asset Composition Analysis
HITIQ Ltd Total Assets Breakdown (December 2024)
HITIQ Ltd total assets breakdown as of December 2024. HITIQ Ltd's total assets of AU$3.28 Million consist of 87.1% current assets and 12.9% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$990.96K | 30.3% |
| Accounts Receivable | AU$18.74K | 0.6% |
| Inventory | AU$0.00 | 0.0% |
| Property, Plant & Equipment | AU$304.57K | 9.3% |
| Intangible Assets | AU$117.21K | 3.6% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (2018–2024)
This chart illustrates how HITIQ 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. Explore how liquid is HITIQ Ltd's working capital to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: HITIQ Ltd's current assets represent 87.1% of total assets in 2024, a decrease from 89.3% in 2018.
- Cash Position: Cash and equivalents constituted 30.3% of total assets in 2024, up from 19.1% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, a decrease from 5.0% in 2018.
- Asset Diversification: The largest asset category is cash and equivalents at 30.3% of total assets.
HITIQ Ltd Competitors by Total Assets
Key competitors of HITIQ Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Heartflow, Inc. Common Stock
NASDAQ:HTFL
|
USA | $364.40 Million |
|
Alcidion Group Ltd
AU:ALC
|
Australia | AU$115.63 Million |
|
Vanfund Urban Investment & Development Co Ltd
SHE:000638
|
China | CN¥228.40 Million |
|
Doctor Care Anywhere Group Plc
AU:DOC
|
Australia | AU$15.02 Million |
|
KDA Group Inc
V:KDA
|
Canada | CA$9.20 Million |
|
MEDAPP S.A. ZY -10
F:WQ1
|
Germany | €39.88 Million |
|
Pro Medicus Ltd
AU:PME
|
Australia | AU$610.14 Million |
|
Cogstate Ltd
AU:CGS
|
Australia | AU$64.77 Million |
HITIQ Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.41 | 0.60 | 1.06 |
| Quick Ratio | 0.41 | 0.96 | 1.06 |
| Cash Ratio | 0.14 | 0.12 | 0.00 |
| Working Capital | AU$-4.14 Million | AU$-1.95 Million | AU$86.38K |
HITIQ Ltd - Advanced Valuation Insights
This section examines the relationship between HITIQ 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 | 39.32 |
| Latest Market Cap to Assets Ratio | 0.34 |
| Asset Growth Rate (YoY) | -12.1% |
| Total Assets | AU$3.28 Million |
| Market Capitalization | $1.12 Million USD |
Valuation Analysis
Below Book Valuation: The market values HITIQ Ltd's assets below their book value (0.34x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: HITIQ Ltd's assets decreased by 12.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for HITIQ Ltd (2018–2024)
The table below shows the annual total assets of HITIQ Ltd from 2018 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | AU$3.28 Million ≈ $2.32 Million |
-12.11% |
| 2023-12-31 | AU$3.73 Million ≈ $2.64 Million |
+19.12% |
| 2022-12-31 | AU$3.13 Million ≈ $2.21 Million |
-31.23% |
| 2021-12-31 | AU$4.55 Million ≈ $3.22 Million |
-52.04% |
| 2020-12-31 | AU$9.49 Million ≈ $6.71 Million |
+355.68% |
| 2019-12-31 | AU$2.08 Million ≈ $1.47 Million |
+48.93% |
| 2018-12-31 | AU$1.40 Million ≈ $989.25K |
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About HITIQ Ltd
HITIQ Limited, together with its subsidiaries, develops and commercializes concussion management technology in Oceania. The company offers smart mouthguards and software for sports, clinical, and research applications. It also provides PROTEQT, a smart mouthguard with sensor technology to detect, assess, and manage potential head impacts, as well as a concussion management app, replacement parts,… Read more