Mercator Limited (MERCATOR) - Net Assets
Based on the latest financial reports, Mercator Limited (MERCATOR) has net assets worth Rs-15.69 Billion INR (≈ $-169.64 Million USD) as of March 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs8.96 Billion ≈ $96.92 Million USD) and total liabilities (Rs24.65 Billion ≈ $266.56 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 how tangible is Mercator Limited's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs-15.69 Billion |
| % of Total Assets | -175.02% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -170.26% |
| Growth Volatility | 716.05 |
Mercator Limited - Net Assets Trend (2004–2024)
This chart illustrates how Mercator Limited's net assets have evolved over time, based on quarterly financial data. See MERCATOR defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Mercator Limited (2004–2024)
The table below shows the annual net assets of Mercator Limited from 2004 to 2024. For live valuation and market cap data, see how much is Mercator Limited worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | Rs-15.69 Billion ≈ $-169.64 Million |
-16.45% |
| 2023-03-31 | Rs-13.47 Billion ≈ $-145.67 Million |
-0.90% |
| 2022-03-31 | Rs-13.35 Billion ≈ $-144.36 Million |
-6.59% |
| 2021-03-31 | Rs-12.52 Billion ≈ $-135.44 Million |
-31.27% |
| 2020-03-31 | Rs-9.54 Billion ≈ $-103.18 Million |
-2910.19% |
| 2019-03-31 | Rs339.50 Million ≈ $3.67 Million |
-96.65% |
| 2018-03-31 | Rs10.14 Billion ≈ $109.62 Million |
-3.45% |
| 2017-03-31 | Rs10.50 Billion ≈ $113.54 Million |
+19.17% |
| 2016-03-31 | Rs8.81 Billion ≈ $95.28 Million |
-60.54% |
| 2015-03-31 | Rs22.33 Billion ≈ $241.45 Million |
-21.35% |
| 2014-03-31 | Rs28.39 Billion ≈ $307.00 Million |
+8.13% |
| 2013-03-31 | Rs26.25 Billion ≈ $283.92 Million |
-10.98% |
| 2012-03-31 | Rs29.49 Billion ≈ $318.95 Million |
+11.44% |
| 2011-03-31 | Rs26.46 Billion ≈ $286.21 Million |
+23.52% |
| 2010-03-31 | Rs21.43 Billion ≈ $231.71 Million |
-6.28% |
| 2009-03-31 | Rs22.86 Billion ≈ $247.23 Million |
+41.06% |
| 2008-03-31 | Rs16.21 Billion ≈ $175.27 Million |
+157.92% |
| 2007-03-31 | Rs6.28 Billion ≈ $67.96 Million |
+16.15% |
| 2006-03-31 | Rs5.41 Billion ≈ $58.50 Million |
+57.55% |
| 2005-03-31 | Rs3.43 Billion ≈ $37.13 Million |
+279.95% |
| 2004-03-31 | Rs903.71 Million ≈ $9.77 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Mercator Limited'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 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs302.46 Million | % |
| Other Comprehensive Income | Rs-16.84 Billion | % |
| Total Equity | Rs-16.54 Billion | 100.00% |
Mercator Limited Competitors by Market Cap
The table below lists competitors of Mercator Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Auddia Inc
NASDAQ:AUUD
|
$2.78 Million |
|
COPPERCORP RESOURCES INC.
F:NU0
|
$2.78 Million |
|
Animalcare Group Plc
LSE:ANCR
|
$2.78 Million |
|
AIS Resources Ltd
V:AIS
|
$2.79 Million |
|
Laxmi Cotspin Limited
NSE:LAXMICOT
|
$2.78 Million |
|
JPMorgan China Growth & Income PLC
LSE:JCGI
|
$2.77 Million |
|
Infinity Mining Ltd
AU:IMI
|
$2.77 Million |
|
Hansa Trust
LSE:HAN
|
$2.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mercator Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -14,269,380,000 to -16,540,070,000, a change of -2,270,690,000.
- Net loss of 2,241,000 reduced equity.
- Other comprehensive income decreased equity by 19,305,890,000.
- Other factors increased equity by 17,037,441,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs-2.24 Million | -0.01% |
| Other Comprehensive Income | Rs-19.31 Billion | -116.72% |
| Other Changes | Rs17.04 Billion | +103.01% |
| Total Change | Rs- | % |
Book Value vs Market Value Analysis
This analysis compares Mercator Limited'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-03-31 | Rs6.57 | Rs0.85 | x |
| 2005-03-31 | Rs20.76 | Rs0.85 | x |
| 2006-03-31 | Rs27.15 | Rs0.85 | x |
| 2007-03-31 | Rs26.96 | Rs0.85 | x |
| 2008-03-31 | Rs62.00 | Rs0.85 | x |
| 2009-03-31 | Rs82.58 | Rs0.85 | x |
| 2010-03-31 | Rs77.44 | Rs0.85 | x |
| 2011-03-31 | Rs96.54 | Rs0.85 | x |
| 2012-03-31 | Rs102.96 | Rs0.85 | x |
| 2013-03-31 | Rs89.68 | Rs0.85 | x |
| 2014-03-31 | Rs95.69 | Rs0.85 | x |
| 2015-03-31 | Rs80.81 | Rs0.85 | x |
| 2016-03-31 | Rs34.77 | Rs0.85 | x |
| 2017-03-31 | Rs39.75 | Rs0.85 | x |
| 2018-03-31 | Rs33.75 | Rs0.85 | x |
| 2019-03-31 | Rs-1.87 | Rs0.85 | x |
| 2020-03-31 | Rs-34.99 | Rs0.85 | x |
| 2021-03-31 | Rs-45.26 | Rs0.85 | x |
| 2022-03-31 | Rs-46.56 | Rs0.85 | x |
| 2023-03-31 | Rs-47.18 | Rs0.85 | x |
| 2024-03-31 | Rs-54.70 | Rs0.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mercator Limited 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (3.94%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 55.42% | 20.67% | 1.13x | 2.37x | Rs410.49 Million |
| 2005 | 50.80% | 31.11% | 0.60x | 2.71x | Rs1.40 Billion |
| 2006 | 36.61% | 23.97% | 0.43x | 3.55x | Rs1.44 Billion |
| 2007 | 21.46% | 12.01% | 0.42x | 4.25x | Rs720.19 Million |
| 2008 | 27.31% | 27.52% | 0.31x | 3.24x | Rs2.54 Billion |
| 2009 | 23.46% | 21.89% | 0.29x | 3.70x | Rs2.68 Billion |
| 2010 | 5.70% | 7.28% | 0.21x | 3.66x | Rs-785.50 Million |
| 2011 | 32.09% | 26.06% | 0.41x | 3.02x | Rs5.07 Billion |
| 2012 | 0.82% | 0.56% | 0.52x | 2.81x | Rs-2.32 Billion |
| 2013 | -16.94% | -9.97% | 0.54x | 3.13x | Rs-5.92 Billion |
| 2014 | 1.37% | 0.93% | 0.48x | 3.11x | Rs-2.02 Billion |
| 2015 | -22.72% | -14.54% | 0.40x | 3.87x | Rs-6.47 Billion |
| 2016 | -104.54% | -32.89% | 0.56x | 5.66x | Rs-9.75 Billion |
| 2017 | 2.90% | 1.36% | 0.54x | 3.97x | Rs-703.85 Million |
| 2018 | -30.99% | -30.31% | 0.30x | 3.38x | Rs-3.91 Billion |
| 2019 | 0.00% | -105.35% | 0.39x | 0.00x | Rs-9.03 Billion |
| 2020 | 0.00% | -145.02% | 0.49x | 0.00x | Rs-8.20 Billion |
| 2021 | 0.00% | -88.87% | 0.31x | 0.00x | Rs-1.95 Billion |
| 2022 | 0.00% | -492.17% | 0.00x | 0.00x | Rs1.21 Billion |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | Rs1.40 Billion |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | Rs1.65 Billion |
Industry Comparison
This section compares Mercator Limited's net assets metrics with peer companies in the Thermal Coal industry.
Industry Context
- Industry: Thermal Coal
- Average net assets among peers: $83,892,881,570
- Average return on equity (ROE) among peers: -1348.06%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mercator Limited (MERCATOR) | Rs-15.69 Billion | 55.42% | N/A | $2.78 Million |
| Adani Enterprises Limited (ADANIENT) | $229.52 Billion | 8.80% | 3.66x | $37.61 Billion |
| Anmol India Limited (ANMOL) | $113.32 Million | 23.14% | 5.46x | $7.39 Million |
| Coal India Limited (COALINDIA) | $248.73 Billion | 37.31% | 3.67x | $30.12 Billion |
| Gujarat Mineral Development Corporation Limited (GMDCLTD) | $43.17 Billion | 5.09% | 0.21x | $2.13 Billion |
| GMR Power and Urban Infra Limited (GMRP&UI) | $-18.18 Billion | 0.00% | 0.00x | $859.59 Million |
| Refex Industries Limited (REFEX) | $1.92 Million | -8162.71% | 276.18x | $472.87 Million |
About Mercator Limited
Mercator Limited, together with its subsidiaries, engages in shipping, dredging, oil and gas, and coal businesses. It operates through two segments, Shipping and Coal Mining; and Trading and Logistics. The company is also involved in coal mining, procurement, and logistics activities. In addition, it operates a mining license in Mozambique, and oil blocks in Cambay basin, India. The company was f… Read more