Meren Energy (MER) - Net Assets
Based on the latest financial reports, Meren Energy (MER) has net assets worth Skr881.30 Million SEK (≈ $94.84 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 (Skr2.13 Billion ≈ $229.06 Million USD) and total liabilities (Skr1.25 Billion ≈ $134.22 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 strategically is Meren Energy's equity deployed to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr881.30 Million |
| % of Total Assets | 41.4% |
| Annual Growth Rate | N/A |
| 5-Year Change | -27.24% |
| 10-Year Change | -44.67% |
| Growth Volatility | 628.87 |
Meren Energy - Net Assets Trend (2000–2024)
This chart illustrates how Meren Energy's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Meren Energy market cap and net worth.
Annual Net Assets for Meren Energy (2000–2024)
The table below shows the annual net assets of Meren Energy from 2000 to 2024. Also explore net asset growth rate of Meren Energy to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Skr548.80 Million ≈ $59.06 Million |
-38.65% |
| 2023-12-31 | Skr894.60 Million ≈ $96.27 Million |
+7.71% |
| 2022-12-31 | Skr830.60 Million ≈ $89.39 Million |
-12.39% |
| 2021-12-31 | Skr948.06 Million ≈ $102.03 Million |
+25.69% |
| 2020-12-31 | Skr754.29 Million ≈ $81.17 Million |
-1.62% |
| 2019-12-31 | Skr766.70 Million ≈ $82.51 Million |
-16.85% |
| 2018-12-31 | Skr922.08 Million ≈ $99.23 Million |
-5.28% |
| 2017-12-31 | Skr973.45 Million ≈ $104.76 Million |
-0.41% |
| 2016-12-31 | Skr977.44 Million ≈ $105.19 Million |
-1.46% |
| 2015-12-31 | Skr991.88 Million ≈ $106.74 Million |
+24.44% |
| 2014-12-31 | Skr797.05 Million ≈ $85.77 Million |
-14.28% |
| 2013-12-31 | Skr929.85 Million ≈ $100.07 Million |
+78.76% |
| 2012-12-31 | Skr520.15 Million ≈ $55.98 Million |
+88.50% |
| 2011-12-31 | Skr275.95 Million ≈ $29.70 Million |
+63.23% |
| 2010-12-31 | Skr169.05 Million ≈ $18.19 Million |
+89.45% |
| 2009-12-31 | Skr89.23 Million ≈ $9.60 Million |
+258.73% |
| 2008-12-31 | Skr24.87 Million ≈ $2.68 Million |
+0.80% |
| 2007-12-31 | Skr24.68 Million ≈ $2.66 Million |
+326.47% |
| 2006-12-31 | Skr5.79 Million ≈ $622.70K |
+132.90% |
| 2005-12-31 | Skr2.48 Million ≈ $267.36K |
+2963.19% |
| 2004-12-31 | Skr81.11K ≈ $8.73K |
+1771.25% |
| 2003-12-31 | Skr-4.85K ≈ $-522.26 |
-111.39% |
| 2002-12-31 | Skr42.61K ≈ $4.59K |
+111.08% |
| 2001-12-31 | Skr-384.53K ≈ $-41.38K |
-30.44% |
| 2000-12-31 | Skr-294.80K ≈ $-31.73K |
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Equity Component Analysis
This analysis shows how different components contribute to Meren Energy'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 72941785200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr1.20 Billion | 217.89% |
| Other Components | Skr87.00 Million | 15.85% |
| Total Equity | Skr548.80 Million | 100.00% |
Meren Energy Competitors by Market Cap
The table below lists competitors of Meren Energy ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ethos Technologies Inc. Class A Common Stock
NASDAQ:LIFE
|
$1.14 Billion |
|
Ecovyst Inc
NYSE:ECVT
|
$1.14 Billion |
|
Chengdu Galaxy Magnets
SHE:300127
|
$1.14 Billion |
|
Red Star Macalline Group Corp Ltd Class A
SHG:601828
|
$1.14 Billion |
|
Sinosteel Engineering and Technology Co Ltd
SHE:000928
|
$1.14 Billion |
|
Nanhua Futures Co Ltd
SHG:603093
|
$1.14 Billion |
|
Xiamen King Long Motor Group Co Ltd
SHG:600686
|
$1.14 Billion |
|
Guangdong Macro Co Ltd
SHE:000533
|
$1.14 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Meren Energy's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 894,600,000 to 548,800,000, a change of -345,800,000 (-38.7%).
- Net loss of 279,100,000 reduced equity.
- Dividend payments of 22,600,000 reduced retained earnings.
- Share repurchases of 45,300,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-279.10 Million | -50.86% |
| Dividends Paid | Skr22.60 Million | -4.12% |
| Share Repurchases | Skr45.30 Million | -8.25% |
| Other Changes | Skr1.20 Million | +0.22% |
| Total Change | Skr- | -38.65% |
Book Value vs Market Value Analysis
This analysis compares Meren Energy'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: 12.79x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | Skr-0.12 | Skr15.62 | x |
| 2001-12-31 | Skr-0.16 | Skr15.62 | x |
| 2002-12-31 | Skr0.01 | Skr15.62 | x |
| 2003-12-31 | Skr0.00 | Skr15.62 | x |
| 2004-12-31 | Skr0.02 | Skr15.62 | x |
| 2005-12-31 | Skr0.39 | Skr15.62 | x |
| 2006-12-31 | Skr0.45 | Skr15.62 | x |
| 2007-12-31 | Skr1.50 | Skr15.62 | x |
| 2008-12-31 | Skr1.41 | Skr15.62 | x |
| 2009-12-31 | Skr1.99 | Skr15.62 | x |
| 2010-12-31 | Skr1.99 | Skr15.62 | x |
| 2011-12-31 | Skr1.24 | Skr15.62 | x |
| 2012-12-31 | Skr2.14 | Skr15.62 | x |
| 2013-12-31 | Skr3.35 | Skr15.62 | x |
| 2014-12-31 | Skr2.56 | Skr15.62 | x |
| 2015-12-31 | Skr2.44 | Skr15.62 | x |
| 2016-12-31 | Skr2.14 | Skr15.62 | x |
| 2017-12-31 | Skr2.13 | Skr15.62 | x |
| 2018-12-31 | Skr1.97 | Skr15.62 | x |
| 2019-12-31 | Skr1.63 | Skr15.62 | x |
| 2020-12-31 | Skr1.60 | Skr15.62 | x |
| 2021-12-31 | Skr1.99 | Skr15.62 | x |
| 2022-12-31 | Skr1.74 | Skr15.62 | x |
| 2023-12-31 | Skr1.89 | Skr15.62 | x |
| 2024-12-31 | Skr1.22 | Skr15.62 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Meren Energy 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): -50.86%
- 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: 1.12x
- Recent ROE (-50.86%) is below the historical average (-12.58%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 0.00% | 0.00% | 0.00x | 0.00x | Skr-127.76K |
| 2001 | 0.00% | 0.00% | 0.00x | 0.00x | Skr-68.31K |
| 2002 | -183.48% | 0.00% | 0.00x | 7.45x | Skr-82.44K |
| 2003 | 0.00% | 0.00% | 0.00x | 0.00x | Skr-58.81K |
| 2004 | 22.33% | 0.00% | 0.00x | 1.43x | Skr10.00K |
| 2005 | -18.19% | 0.00% | 0.00x | 1.14x | Skr-700.44K |
| 2006 | -13.53% | 0.00% | 0.00x | 1.01x | Skr-1.36 Million |
| 2007 | 4.72% | 0.00% | 0.00x | 1.01x | Skr-1.30 Million |
| 2008 | -14.72% | 0.00% | 0.00x | 1.42x | Skr-6.15 Million |
| 2009 | -1.52% | 0.00% | 0.00x | 1.06x | Skr-10.28 Million |
| 2010 | -2.35% | 0.00% | 0.00x | 1.05x | Skr-20.88 Million |
| 2011 | -4.44% | 0.00% | 0.00x | 1.27x | Skr-34.61 Million |
| 2012 | -4.82% | 0.00% | 0.00x | 1.18x | Skr-70.05 Million |
| 2013 | -5.98% | 0.00% | 0.00x | 1.12x | Skr-140.77 Million |
| 2014 | -13.42% | 0.00% | 0.00x | 1.19x | Skr-186.64 Million |
| 2015 | -8.79% | 0.00% | 0.00x | 1.11x | Skr-186.38 Million |
| 2016 | -1.82% | 0.00% | 0.00x | 1.03x | Skr-115.51 Million |
| 2017 | -0.47% | 0.00% | 0.00x | 1.03x | Skr-101.88 Million |
| 2018 | -7.24% | 0.00% | 0.00x | 1.03x | Skr-158.92 Million |
| 2019 | -20.45% | 0.00% | 0.00x | 1.06x | Skr-233.44 Million |
| 2020 | -2.34% | 0.00% | 0.00x | 1.21x | Skr-93.04 Million |
| 2021 | 20.11% | 0.00% | 0.00x | 1.05x | Skr95.89 Million |
| 2022 | -7.26% | 0.00% | 0.00x | 1.10x | Skr-143.36 Million |
| 2023 | 0.01% | 0.00% | 0.00x | 1.08x | Skr-89.37 Million |
| 2024 | -50.86% | 0.00% | 0.00x | 1.12x | Skr-333.98 Million |
Industry Comparison
This section compares Meren Energy's net assets metrics with peer companies in the Oil & Gas E&P industry.
No peer company data available for comparison.
About Meren Energy
Meren Energy Inc., together with its subsidiaries, operates as an oil and gas exploration and production company in Nigeria, Namibia, South Africa, and Equatorial Guinea. The company holds interests in producing and development assets in deep-water Nigeria. It also has a portfolio of development and exploration assets in the west and south of Africa. Meren Energy Inc. was formerly known as Africa… Read more