Novatti Group Limited
Novatti Group Limited operates as a fintech company worldwide. The company operates through Payments AU/NZ, Payments International, Technology Solutions, and Investments segments. The Payments AU/NZ segment offers digital and physical prepaid gift and debit cards payment system; online and offline payments; and cross border payments to commercial enterprises, as well as operates digital wallets. … Read more
Novatti Group Limited (NTTIF) - Total Assets
Latest total assets as of June 2024: $123.86 Million USD
Based on the latest financial reports, Novatti Group Limited (NTTIF) holds total assets worth $123.86 Million USD 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.
Novatti Group Limited - Total Assets Trend (2019–2024)
This chart illustrates how Novatti Group Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Novatti Group Limited - Asset Composition Analysis
Current Asset Composition (June 2024)
Novatti Group Limited's total assets of $123.86 Million consist of 90.5% current assets and 9.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 4.2% |
| Accounts Receivable | $8.26 Million | 6.7% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $6.39 Million | 5.2% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Novatti Group Limited'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: Novatti Group Limited's current assets represent 90.5% of total assets in 2024, an increase from 63.3% in 2019.
- Cash Position: Cash and equivalents constituted 4.2% of total assets in 2024, down from 10.9% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, a decrease from 28.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 6.7% of total assets.
Novatti Group Limited Competitors by Total Assets
Key competitors of Novatti Group Limited 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 |
Novatti Group Limited - 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 - Novatti Group Limited generates 0.35x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Novatti Group Limited is currently not profitable relative to its asset base.
Novatti Group Limited - 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 | 0.92 | 1.01 | 0.95 |
| Quick Ratio | 0.92 | 1.01 | 0.95 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-9.14 Million | $ 1.59 Million | $ -3.50 Million |
Novatti Group Limited - Advanced Valuation Insights
This section examines the relationship between Novatti Group Limited'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 | 1.67 |
| Latest Market Cap to Assets Ratio | 0.24 |
| Asset Growth Rate (YoY) | -15.0% |
| Total Assets | $123.86 Million |
| Market Capitalization | $30.09 Million USD |
Valuation Analysis
Below Book Valuation: The market values Novatti Group Limited's assets below their book value (0.24 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Novatti Group Limited's assets decreased by 15.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Novatti Group Limited (2019–2024)
The table below shows the annual total assets of Novatti Group Limited from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-06-30 | $123.86 Million | -14.95% |
| 2023-06-30 | $145.63 Million | +31.21% |
| 2022-06-30 | $111.00 Million | +74.01% |
| 2021-06-30 | $63.79 Million | +94.24% |
| 2020-06-30 | $32.84 Million | +98.60% |
| 2019-06-30 | $16.54 Million | -- |