M Cash Integrasi Tbk PT (MCAS) - Net Assets

Latest as of March 2026: Rp1.08 Trillion IDR ≈ $63.25 Million USD

Based on the latest financial reports, M Cash Integrasi Tbk PT (MCAS) has net assets worth Rp1.08 Trillion IDR (≈ $63.25 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp1.89 Trillion ≈ $110.71 Million USD) and total liabilities (Rp810.08 Billion ≈ $47.47 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. Check M Cash Integrasi Tbk PT (MCAS) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rp1.08 Trillion
% of Total Assets	57.13%
Annual Growth Rate	80.28%
5-Year Change	-28.25%
10-Year Change	10297.12%
Growth Volatility	1033.75

M Cash Integrasi Tbk PT - Net Assets Trend (2014–2025)

This chart illustrates how M Cash Integrasi Tbk PT's net assets have evolved over time, based on quarterly financial data. See M Cash Integrasi Tbk PT defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for M Cash Integrasi Tbk PT (2014–2025)

The table below shows the annual net assets of M Cash Integrasi Tbk PT from 2014 to 2025. For live valuation and market cap data, see M Cash Integrasi Tbk PT stock valuation.

Year	Net Assets	Change
2025-12-31	Rp1.09 Trillion ≈ $63.78 Million	-3.59%
2024-12-31	Rp1.13 Trillion ≈ $66.15 Million	-3.50%
2023-12-31	Rp1.17 Trillion ≈ $68.55 Million	-9.61%
2022-12-31	Rp1.29 Trillion ≈ $75.85 Million	-14.68%
2021-12-31	Rp1.52 Trillion ≈ $88.89 Million	+13.90%
2020-12-31	Rp1.33 Trillion ≈ $78.05 Million	-22.93%
2019-12-31	Rp1.73 Trillion ≈ $101.26 Million	+64.17%
2018-12-31	Rp1.05 Trillion ≈ $61.68 Million	+169.73%
2017-12-31	Rp390.26 Billion ≈ $22.87 Million	+3627.84%
2016-12-31	Rp10.47 Billion ≈ $613.43K	+530.24%
2015-12-31	Rp1.66 Billion ≈ $97.33K	-0.18%
2014-12-31	Rp1.66 Billion ≈ $97.51K	--

Equity Component Analysis

This analysis shows how different components contribute to M Cash Integrasi Tbk PT'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 21357.7% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Common Stock	Rp86.79 Billion	53.03%
Other Comprehensive Income	Rp3.68 Billion	2.25%
Other Components	Rp303.14 Billion	185.20%
Total Equity	Rp163.68 Billion	100.00%

M Cash Integrasi Tbk PT Competitors by Market Cap

The table below lists competitors of M Cash Integrasi Tbk PT ranked by their market capitalization.

Company	Market Cap
Zantat Holdings Berhad KLSE:0301	$10.01 Million
T.M.C. Industrial Public Company Limited BK:TMC	$10.01 Million
InnoTherapy Inc KQ:246960	$10.03 Million
Tonkens Agrar AG XETRA:GTK	$10.04 Million
Merchant House International Ltd AU:MHI	$10.00 Million
EBANG INTL HLDGS (NEW) A F:7EBA	$10.00 Million
Caring Brands, Inc. Common Stock NASDAQ:CABR	$10.00 Million
Transkon Jaya Pt JK:TRJA	$10.00 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in M Cash Integrasi Tbk PT's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 186,109,129,000 to 163,683,307,000, a change of -22,425,822,000 (-12.0%).
Net loss of 38,405,730,000 reduced equity.
Dividend payments of 388,323,510 reduced retained earnings.
Share repurchases of 1,418,814,500 reduced equity.
New share issuances of 2,055,234,000 increased equity.
Other comprehensive income increased equity by 3,679,288,000.
Other factors increased equity by 12,052,524,010.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Rp-38.41 Billion	-23.46%
Dividends Paid	Rp388.32 Million	-0.24%
Share Repurchases	Rp1.42 Billion	-0.87%
Share Issuances	Rp2.06 Billion	+1.26%
Other Comprehensive Income	Rp3.68 Billion	+2.25%
Other Changes	Rp12.05 Billion	+7.36%
Total Change	Rp-	-12.05%

Book Value vs Market Value Analysis

This analysis compares M Cash Integrasi Tbk PT'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: 1.04x
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 62.28x to 1.04x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2014-12-31	Rp3.16	Rp197.00	x
2015-12-31	Rp1.91	Rp197.00	x
2016-12-31	Rp8.74	Rp197.00	x
2017-12-31	Rp630.32	Rp197.00	x
2018-12-31	Rp759.58	Rp197.00	x
2019-12-31	Rp783.25	Rp197.00	x
2020-12-31	Rp550.53	Rp197.00	x
2021-12-31	Rp583.14	Rp197.00	x
2022-12-31	Rp350.25	Rp197.00	x
2023-12-31	Rp215.77	Rp197.00	x
2024-12-31	Rp214.43	Rp197.00	x
2025-12-31	Rp188.79	Rp197.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently M Cash Integrasi Tbk PT 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): -23.46%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -0.81%
• Asset Turnover: 2.58x
• Equity Multiplier: 11.23x
Recent ROE (-23.46%) is below the historical average (12.89%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2014	18.17%	0.13%	46.91x	3.04x	Rp129.17 Million
2015	4.30%	0.02%	74.90x	2.76x	Rp-94.75 Million
2016	36.37%	0.71%	10.28x	4.95x	Rp2.00 Billion
2017	2.04%	0.57%	2.41x	1.48x	Rp-30.66 Billion
2018	34.55%	3.58%	4.42x	2.18x	Rp161.86 Billion
2019	31.23%	1.91%	4.95x	3.30x	Rp144.29 Billion
2020	15.15%	0.64%	6.18x	3.84x	Rp24.62 Billion
2021	27.93%	1.12%	5.94x	4.22x	Rp90.75 Billion
2022	8.16%	0.20%	6.44x	6.29x	Rp-5.59 Billion
2023	0.29%	0.00%	5.88x	10.63x	Rp-18.19 Billion
2024	-0.01%	0.00%	3.78x	10.16x	Rp-18.63 Billion
2025	-23.46%	-0.81%	2.58x	11.23x	Rp-54.77 Billion

Industry Comparison

This section compares M Cash Integrasi Tbk PT's net assets metrics with peer companies in the Business Equipment & Supplies industry.

Industry Context

Industry: Business Equipment & Supplies
Average net assets among peers: $220,839,615,685
Average return on equity (ROE) among peers: 3.25%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
M Cash Integrasi Tbk PT (MCAS)	Rp1.08 Trillion	18.17%	0.75x	$10.01 Million
Cashlez Worldwide Indonesia Tbk (CASH)	$154.90 Billion	-18.28%	0.48x	$15.09 Million
Lion Metal Works Tbk (LION)	$83.80 Billion	14.65%	0.25x	$10.18 Million
Modern Internasional Tbk (MDRN)	$423.82 Billion	13.37%	1.51x	$9.14 Million

About M Cash Integrasi Tbk PT

JK:MCAS Indonesia Business Equipment & Supplies

Market Cap

$10.01 Million

Rp170.80 Billion IDR

Market Cap Rank

#27048 Global

#613 in Indonesia

Share Price

Rp197.00

Change (1 day)

+1.55%

52-Week Range

Rp180.00 - Rp1220.00

All Time High

Rp14500.00