Meridian Mining UK Societas
Meridian Mining Plc, together with its subsidiaries, engages in the acquisition, exploration, and development of mineral properties in Brazil. It explores for manganese, gold, copper, silver, and tin deposits. The company's flagship property is the Cabaçal copper-gold project, located in the state of Mato Grosso, Brazil. The company was formerly known as Meridian Mining UK Societas and changed it… Read more
Meridian Mining UK Societas (MRRDF) - Net Assets
Latest net assets as of September 2025: $47.34 Million USD
Based on the latest financial reports, Meridian Mining UK Societas (MRRDF) has net assets worth $47.34 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($50.28 Million) and total liabilities ($2.94 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $47.34 Million |
| % of Total Assets | 94.15% |
| Annual Growth Rate | -9.98% |
| 5-Year Change | 185.03% |
| 10-Year Change | N/A |
| Growth Volatility | 1186.43 |
Meridian Mining UK Societas - Net Assets Trend (2015–2024)
This chart illustrates how Meridian Mining UK Societas's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Meridian Mining UK Societas (2015–2024)
The table below shows the annual net assets of Meridian Mining UK Societas from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $9.19 Million | -38.81% |
| 2023-12-31 | $15.02 Million | +29.21% |
| 2022-12-31 | $11.62 Million | +412.82% |
| 2021-12-31 | $-3.72 Million | -215.25% |
| 2020-12-31 | $3.22 Million | +118.89% |
| 2019-12-31 | $-17.07 Million | -3442.88% |
| 2018-12-31 | $510.62K | -96.56% |
| 2017-12-31 | $14.84 Million | -42.88% |
| 2016-12-31 | $25.98 Million | +9.73% |
| 2015-12-31 | $23.68 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Meridian Mining UK Societas'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 12846878400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $152.60 Million | 1660.61% |
| Total Equity | $9.19 Million | 100.00% |
Meridian Mining UK Societas Competitors by Market Cap
The table below lists competitors of Meridian Mining UK Societas ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ozak Gayrimenkul Yatirim Ortakligi AS
IS:OZKGY
|
$140.71 Million |
|
Tang Eng Iron Works Co Ltd
TWO:2035
|
$140.72 Million |
|
Lotus Technology Inc.
NASDAQ:LOT
|
$140.77 Million |
|
Translational Development Acquisition Corp. Units
NASDAQ:TDACU
|
$140.79 Million |
|
Jiangsu Lidao New Material Co Ltd Class A
SHG:603937
|
$140.68 Million |
|
TSC Auto ID Technology Co Ltd
TWO:3611
|
$140.68 Million |
|
Unison Co. Ltd
KQ:018000
|
$140.66 Million |
|
Melar Acquisition Corp. I Unit
NASDAQ:MACIU
|
$140.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Meridian Mining UK Societas's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 15,019,001 to 9,189,543, a change of -5,829,458 (-38.8%).
- Net loss of 18,234,905 reduced equity.
- New share issuances of 14,826,174 increased equity.
- Other factors decreased equity by 2,420,727.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-18.23 Million | -198.43% |
| Share Issuances | $14.83 Million | +161.34% |
| Other Changes | $-2.42 Million | -26.34% |
| Total Change | $- | -38.81% |
Book Value vs Market Value Analysis
This analysis compares Meridian Mining UK Societas'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: 15.76x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 5.24x to 15.76x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $0.09 | $0.48 | x |
| 2018-12-31 | $0.00 | $0.48 | x |
| 2019-12-31 | $-0.10 | $0.48 | x |
| 2020-12-31 | $0.03 | $0.48 | x |
| 2021-12-31 | $-0.02 | $0.48 | x |
| 2022-12-31 | $0.06 | $0.48 | x |
| 2023-12-31 | $0.06 | $0.48 | x |
| 2024-12-31 | $0.03 | $0.48 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Meridian Mining UK Societas 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): -198.43%
- 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: 1.22x
- Recent ROE (-198.43%) is above the historical average (-285.53%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -44.06% | -2341.38% | 0.01x | 1.57x | $-9.56 Million |
| 2016 | -35.92% | -156.83% | 0.16x | 1.45x | $-11.93 Million |
| 2017 | -98.30% | -139.52% | 0.31x | 2.27x | $-16.07 Million |
| 2018 | -2172.05% | -108.50% | 0.49x | 40.83x | $-11.14 Million |
| 2019 | 0.00% | -276.99% | 0.62x | 0.00x | $-15.64 Million |
| 2020 | -233.63% | -3125.17% | 0.02x | 3.39x | $-7.85 Million |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-37.21 Million |
| 2022 | 6.88% | 0.00% | 0.00x | 1.31x | $-362.23K |
| 2023 | -79.80% | 0.00% | 0.00x | 1.16x | $-13.49 Million |
| 2024 | -198.43% | 0.00% | 0.00x | 1.22x | $-19.15 Million |
Industry Comparison
This section compares Meridian Mining UK Societas's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $2,436,539,064
- Average return on equity (ROE) among peers: -72.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Meridian Mining UK Societas (MRRDF) | $47.34 Million | -44.06% | 0.06x | $140.71 Million |
| Asia Broadband Inc (AABB) | $-384.18K | 0.00% | 0.00x | $228.54 |
| Altair Resources Inc (AAEEF) | $519.85K | -583.77% | 3.27x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $26.16 Million | -26.37% | 0.41x | $99.81 Million |
| Anglo American plc (AAUKF) | $24.32 Billion | 6.55% | 1.06x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $-123.88K | 0.00% | 0.00x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $-384.45K | 0.00% | 0.00x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $700.32K | -22.12% | 0.03x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $3.51 Million | -77.72% | 0.31x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-1.00 Million | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $11.40 Million | -19.68% | 0.16x | $14.34 Million |