Nuheara Ltd
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 Ltd (NUH) - Total Assets
Latest total assets as of June 2023: AU$13.02 Million AUD
Based on the latest financial reports, Nuheara Ltd (NUH) holds total assets worth AU$13.02 Million AUD as of June 2023.
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.
Nuheara Ltd - Total Assets Trend (2008–2023)
This chart illustrates how Nuheara Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Nuheara Ltd - Asset Composition Analysis
Current Asset Composition (June 2023)
Nuheara Ltd's total assets of AU$13.02 Million consist of 61.7% current assets and 38.3% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$2.32 Million | 17.8% |
| Accounts Receivable | AU$2.23 Million | 17.2% |
| Inventory | AU$2.13 Million | 16.4% |
| Property, Plant & Equipment | AU$315.14K | 2.4% |
| Intangible Assets | AU$4.67 Million | 35.9% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (2008–2023)
This chart illustrates how Nuheara 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: Nuheara Ltd's current assets represent 61.7% of total assets in 2023, a decrease from 88.0% in 2008.
- Cash Position: Cash and equivalents constituted 17.8% of total assets in 2023, up from 0.0% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 35.0% of total assets, an increase from 0.0% in 2008.
- Asset Diversification: The largest asset category is intangible assets at 35.9% of total assets.
Nuheara Ltd Competitors by Total Assets
Key competitors of Nuheara Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Konka Group Co Ltd
SHE:000016
|
China | CN¥29.21 Billion |
|
Tianma Microelectronics Co Ltd
SHE:000050
|
China | CN¥77.26 Billion |
|
Guangdong Goworld Co Ltd
SHE:000823
|
China | CN¥8.51 Billion |
|
Soyea Technology Co Ltd
SHE:000909
|
China | CN¥2.35 Billion |
|
Guangdong AVCiT Tech Hldg Co
SHE:001229
|
China | CN¥1.04 Billion |
|
Emdoor Information Co. Ltd. A
SHE:001314
|
China | CN¥3.90 Billion |
|
Hengdian Group DMEGC Magnetics Co Ltd
SHE:002056
|
China | CN¥25.63 Billion |
|
Goertek Inc
SHE:002241
|
China | CN¥94.82 Billion |
Nuheara 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 - Nuheara Ltd generates 0.15x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Nuheara Ltd is currently not profitable relative to its asset base.
Nuheara 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 | 2.59 | 1.18 | 7.03 |
| Quick Ratio | 1.90 | 0.61 | 5.31 |
| Cash Ratio | 0.75 | 0.07 | 0.00 |
| Working Capital | AU$4.93 Million | AU$ 1.06 Million | AU$ 10.49 Million |
Nuheara Ltd - Advanced Valuation Insights
This section examines the relationship between Nuheara 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 | 3.74 |
| Latest Market Cap to Assets Ratio | 0.54 |
| Asset Growth Rate (YoY) | -2.1% |
| Total Assets | AU$13.02 Million |
| Market Capitalization | $6.96 Million USD |
Valuation Analysis
Below Book Valuation: The market values Nuheara Ltd's assets below their book value (0.54 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Nuheara Ltd's assets decreased by 2.1% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Nuheara Ltd (2008–2023)
The table below shows the annual total assets of Nuheara Ltd from 2008 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-06-30 | AU$13.02 Million | -2.07% |
| 2022-06-30 | AU$13.29 Million | -23.16% |
| 2021-06-30 | AU$17.30 Million | +45.83% |
| 2020-06-30 | AU$11.86 Million | -4.21% |
| 2019-06-30 | AU$12.38 Million | -27.51% |
| 2018-06-30 | AU$17.08 Million | +96.35% |
| 2017-06-30 | AU$8.70 Million | +151.29% |
| 2016-06-30 | AU$3.46 Million | +773.73% |
| 2015-06-30 | AU$396.25K | +232.55% |
| 2014-06-30 | AU$119.16K | -86.27% |
| 2013-06-30 | AU$867.83K | +27.71% |
| 2012-06-30 | AU$679.55K | -40.49% |
| 2011-06-30 | AU$1.14 Million | -39.48% |
| 2010-06-30 | AU$1.89 Million | -18.98% |
| 2009-06-30 | AU$2.33 Million | +25633.83% |
| 2008-06-30 | AU$9.05K | -- |