Sovereign Cloud Holdings Ltd
Sovereign Cloud Holdings Limited provides cloud services and cyber security solutions for organizations and Government agencies. It operates in two segments, Cloud Services in Australia and Cyber Security Services in Australia. The company's solutions include secure cloud, cloud compute and storage, backup, M365 backup, and disaster recovery; cyber security, including managed security services, m… Read more
Sovereign Cloud Holdings Ltd (SOV) - Total Assets
Latest total assets as of June 2024: AU$55.80 Million AUD
Based on the latest financial reports, Sovereign Cloud Holdings Ltd (SOV) holds total assets worth AU$55.80 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.
Sovereign Cloud Holdings Ltd - Total Assets Trend (2017–2023)
This chart illustrates how Sovereign Cloud Holdings Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Sovereign Cloud Holdings Ltd - Asset Composition Analysis
Current Asset Composition (December 2023)
Sovereign Cloud Holdings Ltd's total assets of AU$55.80 Million consist of 26.6% current assets and 73.4% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 15.0% |
| Accounts Receivable | AU$4.36 Million | 7.8% |
| Inventory | AU$1.13 Million | 2.0% |
| Property, Plant & Equipment | AU$0.00 | 0.0% |
| Intangible Assets | AU$5.66 Million | 10.2% |
| Goodwill | AU$23.21 Million | 41.6% |
Asset Composition Trend (2017–2023)
This chart illustrates how Sovereign Cloud Holdings 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: Sovereign Cloud Holdings Ltd's current assets represent 26.6% of total assets in 2023, a decrease from 47.5% in 2017.
- Cash Position: Cash and equivalents constituted 15.0% of total assets in 2023, down from 17.1% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 51.0% of total assets, an increase from 1.0% in 2017.
- Asset Diversification: The largest asset category is goodwill at 41.6% of total assets.
Sovereign Cloud Holdings Ltd Competitors by Total Assets
Key competitors of Sovereign Cloud Holdings Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Eastcompeace Technology Co Ltd
SHE:002017
|
China | CN¥2.97 Billion |
|
Wiscom System Co Ltd
SHE:002090
|
China | CN¥3.17 Billion |
|
Topsec Technologies Group Inc
SHE:002212
|
China | CN¥10.79 Billion |
|
Focus Technology Co Ltd
SHE:002315
|
China | CN¥4.27 Billion |
|
Beijing Venustech Inc
SHE:002439
|
China | CN¥13.16 Billion |
|
Maxvision Technology Corp
SHE:002990
|
China | CN¥3.74 Billion |
|
OpenSys M Bhd
KLSE:0040
|
Malaysia | RM129.25 Million |
|
Managepay Systems Bhd
KLSE:0156
|
Malaysia | RM86.24 Million |
Sovereign Cloud Holdings 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 - Sovereign Cloud Holdings Ltd generates 0.18x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Sovereign Cloud Holdings Ltd is currently not profitable relative to its asset base.
Sovereign Cloud Holdings 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 | 1.61 | 3.28 | 0.42 |
| Quick Ratio | 1.49 | 3.28 | 0.42 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | AU$5.61 Million | AU$ 11.98 Million | AU$ -1.94 Million |
Sovereign Cloud Holdings Ltd - Advanced Valuation Insights
This section examines the relationship between Sovereign Cloud Holdings 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 | 0.59 |
| Latest Market Cap to Assets Ratio | 0.11 |
| Asset Growth Rate (YoY) | 64.4% |
| Total Assets | AU$55.80 Million |
| Market Capitalization | $6.06 Million USD |
Valuation Analysis
Below Book Valuation: The market values Sovereign Cloud Holdings Ltd's assets below their book value (0.11 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Sovereign Cloud Holdings Ltd's assets grew by 64.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Sovereign Cloud Holdings Ltd (2017–2023)
The table below shows the annual total assets of Sovereign Cloud Holdings Ltd from 2017 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | AU$55.80 Million | +64.41% |
| 2022-12-31 | AU$33.94 Million | -26.19% |
| 2021-12-31 | AU$45.99 Million | +67.31% |
| 2020-12-31 | AU$27.49 Million | -28.49% |
| 2019-12-31 | AU$38.44 Million | +136.56% |
| 2018-12-31 | AU$16.25 Million | +93.30% |
| 2017-12-31 | AU$8.41 Million | -- |