Merino & Co. Ltd Net Assets

Latest as of December 2025: AU$4.20 Million AUD ≈ $2.97 Million USD

Merino & Co. Ltd net assets. Based on the latest financial reports, Merino & Co. Ltd (MNC) has net assets worth AU$4.20 Million AUD (≈ $2.97 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$8.69 Million ≈ $6.15 Million USD) and total liabilities (AU$4.50 Million ≈ $3.18 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore Merino & Co. Ltd equity growth rate to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AU$4.20 Million
% of Total Assets	48.25%
Annual Growth Rate	297.71%
5-Year Change	N/A
10-Year Change	N/A
Growth Volatility	817.37

Net Assets of Merino & Co. Ltd (2022–2025)

Net assets of Merino & Co. Ltd from 2022 to 2025. This chart illustrates how Merino & Co. Ltd's net assets have evolved over time, based on quarterly financial data. See MNC net asset quality score to measure how much of total assets are equity-financed.

Annual Net Assets for Merino & Co. Ltd (2022–2025)

The table below shows the annual net assets of Merino & Co. Ltd from 2022 to 2025. For live market cap and overall valuation, see how much is Merino & Co. Ltd worth.

Year	Net Assets	Change
2025-06-30	AU$5.56 Million ≈ $3.93 Million	+201.82%
2024-06-30	AU$1.84 Million ≈ $1.30 Million	+8.06%
2023-06-30	AU$1.70 Million ≈ $1.21 Million	+1830.69%
2022-06-30	AU$88.23K ≈ $62.43K	--

Equity Component Analysis

This analysis shows how different components contribute to Merino & Co. Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have decreased by 278965000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Merino & Co. Ltd Net Assets Breakdown (June 2025)

Merino & Co. Ltd net assets breakdown by equity component as of June 2025.

Component	Amount	Percentage
Common Stock	AU$9.06 Million	163.03%
Total Equity	AU$5.56 Million	100.00%

Merino & Co. Ltd Competitors by Market Cap

The table below lists competitors of Merino & Co. Ltd ranked by their market capitalization.

Company	Market Cap
Asia Fiber Public Company Limited BK:AFC	$5.54 Million
Metals Exploration Plc LSE:MTL	$5.54 Million
J-Long Group Limited NASDAQ:JL	$5.55 Million
Strategic Resources Inc V:SR	$5.55 Million
Tambourah Metals Ltd AU:TMB	$5.52 Million
PEPTONIC MEDICAL F:28L	$5.52 Million
Ajooni Biotech Limited NSE:AJOONI	$5.51 Million
Epsilon Healthcare Ltd AU:EPN	$5.51 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Merino & Co. Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 1,840,705 to 5,555,590, a change of 3,714,885 (201.8%).
Net loss of 2,760,820 reduced equity.
Other factors increased equity by 6,475,705.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	AU$-2.76 Million	-49.69%
Other Changes	AU$6.48 Million	+116.56%
Total Change	AU$-	201.82%

Book Value vs Market Value Analysis

This analysis compares Merino & Co. Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 1.24x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 77.76x to 1.24x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2022-06-30	AU$0.00	AU$0.09	x
2023-06-30	AU$0.02	AU$0.09	x
2024-06-30	AU$0.08	AU$0.09	x
2025-06-30	AU$0.08	AU$0.09	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Merino & Co. Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): -49.69%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -76.94%
• Asset Turnover: 0.35x
• Equity Multiplier: 1.85x
Recent ROE (-49.69%) is below the historical average (123.14%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2022	506.27%	8.80%	0.95x	60.78x	AU$437.91K
2023	28.54%	6.44%	1.07x	4.14x	AU$315.87K
2024	7.46%	2.41%	0.77x	4.01x	AU$-46.81K
2025	-49.69%	-76.94%	0.35x	1.85x	AU$-3.32 Million

Industry Comparison

This section compares Merino & Co. Ltd's net assets metrics with peer companies in the Apparel Manufacturing industry.

Industry Context

Industry: Apparel Manufacturing
Average net assets among peers: $52,186,000
Average return on equity (ROE) among peers: 12772.69%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Merino & Co. Ltd (MNC)	AU$4.20 Million	506.27%	1.07x	$5.53 Million
Globe International Ltd (GLB)	$104.34 Million	8.71%	0.44x	$82.15 Million
GLG Corp Ltd (GLE)	$30.00K	25536.67%	812.87x	$7.34 Million

About Merino & Co. Ltd

AU:MNC Australia Apparel Manufacturing

Market Cap

$5.53 Million

AU$7.81 Million AUD

Market Cap Rank

#28287 Global

#1448 in Australia

Share Price

AU$0.09

Change (1 day)

+0.00%

52-Week Range

AU$0.08 - AU$0.20

All Time High

AU$1.45