Nuheara Limited
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 Limited (NUHRF) - Total Assets
Latest total assets as of June 2023: $13.02 Million USD
Based on the latest financial reports, Nuheara Limited (NUHRF) holds total assets worth $13.02 Million USD 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 Limited - Total Assets Trend (2008–2023)
This chart illustrates how Nuheara Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Nuheara Limited - Asset Composition Analysis
Current Asset Composition (June 2023)
Nuheara Limited's total assets of $13.02 Million consist of 61.7% current assets and 38.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 17.8% |
| Accounts Receivable | $2.23 Million | 17.2% |
| Inventory | $2.13 Million | 16.4% |
| Property, Plant & Equipment | $315.14K | 2.4% |
| Intangible Assets | $4.67 Million | 35.9% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2008–2023)
This chart illustrates how Nuheara 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: Nuheara Limited'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 Limited Competitors by Total Assets
Key competitors of Nuheara Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
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 |
|
Guoguang Electric Co Ltd
SHE:002045
|
China | CN¥10.87 Billion |
|
Hengdian Group DMEGC Magnetics Co Ltd
SHE:002056
|
China | CN¥25.63 Billion |
|
Everybot Inc.
KQ:270660
|
Korea | ₩117.44 Billion |
Nuheara 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 - Nuheara Limited 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 Limited is currently not profitable relative to its asset base.
Nuheara 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 | 2.59 | 1.18 | 7.03 |
| Quick Ratio | 1.90 | 0.61 | 5.31 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $4.93 Million | $ 1.06 Million | $ 10.49 Million |
Nuheara Limited - Advanced Valuation Insights
This section examines the relationship between Nuheara 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 | 0.02 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -2.1% |
| Total Assets | $13.02 Million |
| Market Capitalization | $54.11K USD |
Valuation Analysis
Below Book Valuation: The market values Nuheara Limited's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Nuheara Limited's assets decreased by 2.1% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Nuheara Limited (2008–2023)
The table below shows the annual total assets of Nuheara Limited from 2008 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-06-30 | $13.02 Million | -2.07% |
| 2022-06-30 | $13.29 Million | -23.16% |
| 2021-06-30 | $17.30 Million | +45.83% |
| 2020-06-30 | $11.86 Million | -4.21% |
| 2019-06-30 | $12.38 Million | -27.51% |
| 2018-06-30 | $17.08 Million | +96.35% |
| 2017-06-30 | $8.70 Million | +151.29% |
| 2016-06-30 | $3.46 Million | +773.73% |
| 2015-06-30 | $396.25K | +232.55% |
| 2014-06-30 | $119.16K | -86.27% |
| 2013-06-30 | $867.83K | +27.71% |
| 2012-06-30 | $679.55K | -40.49% |
| 2011-06-30 | $1.14 Million | -39.48% |
| 2010-06-30 | $1.89 Million | -18.98% |
| 2009-06-30 | $2.33 Million | +25633.83% |
| 2008-06-30 | $9.05K | -- |