Mackenzie Mstr Un (MKZ-UN.TO
Mackenzie Master Limited Partnership pays selling commissions to financial advisors who sell redemption charge securities of Mackenzie mutual funds for specific periods. The company engages in the provision of redemption charge securities, which are the securities of a fund for which investors are, under certain circumstances, required to pay a charge on redemption. It is also engaged in the dist… Read more
Mackenzie Mstr Un (MKZ-UN.TO (MKZ-UN) - Net Assets
Latest net assets as of June 2025: CA$225.34K CAD
Based on the latest financial reports, Mackenzie Mstr Un (MKZ-UN.TO (MKZ-UN) has net assets worth CA$225.34K CAD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$329.17K) and total liabilities (CA$103.83K). 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 | CA$225.34K |
| % of Total Assets | 68.46% |
| Annual Growth Rate | -12.83% |
| 5-Year Change | -17.55% |
| 10-Year Change | -56.23% |
| Growth Volatility | 13.41 |
Mackenzie Mstr Un (MKZ-UN.TO - Net Assets Trend (2005–2024)
This chart illustrates how Mackenzie Mstr Un (MKZ-UN.TO's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Mackenzie Mstr Un (MKZ-UN.TO (2005–2024)
The table below shows the annual net assets of Mackenzie Mstr Un (MKZ-UN.TO from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$492.20K | -4.71% |
| 2023-12-31 | CA$516.51K | -3.09% |
| 2022-12-31 | CA$532.97K | -11.36% |
| 2021-12-31 | CA$601.27K | +0.72% |
| 2020-12-31 | CA$596.95K | -20.00% |
| 2019-12-31 | CA$746.16K | -7.76% |
| 2018-12-31 | CA$808.92K | -9.81% |
| 2017-12-31 | CA$896.92K | -4.89% |
| 2016-12-31 | CA$942.99K | -16.14% |
| 2015-12-31 | CA$1.12 Million | -9.01% |
| 2014-12-31 | CA$1.24 Million | -2.31% |
| 2013-12-31 | CA$1.27 Million | -3.19% |
| 2012-12-31 | CA$1.31 Million | -14.26% |
| 2011-12-31 | CA$1.52 Million | -58.93% |
| 2008-12-31 | CA$3.71 Million | -26.86% |
| 2007-12-31 | CA$5.07 Million | -10.82% |
| 2006-12-31 | CA$5.69 Million | -14.96% |
| 2005-12-31 | CA$6.69 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mackenzie Mstr Un (MKZ-UN.TO'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 (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$492.20K | 100.00% |
| Total Equity | CA$492.20K | 100.00% |
Mackenzie Mstr Un (MKZ-UN.TO Competitors by Market Cap
The table below lists competitors of Mackenzie Mstr Un (MKZ-UN.TO ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MST Investment JSC
VN:MST
|
$3.25K |
|
Sui Northern Gas Pipelines Ltd
KAR:SNGP
|
$3.25K |
|
Minh Hung Quang Tri JSC
VN:GMH
|
$3.25K |
|
Vallibel One PLC
CM:VONEN0000
|
$3.25K |
|
1 Year IJARA Sukuk
KAR:P01GIS091224
|
$3.25K |
|
MegaPixel Studio S.A.
WAR:MPS
|
$3.25K |
|
Sao Mai Viet Investment and Development JSC
VN:UNI
|
$3.24K |
|
Aeffe SpA
BE:3A1
|
$3.24K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mackenzie Mstr Un (MKZ-UN.TO's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 516,508 to 492,205, a change of -24,303 (-4.7%).
- Net income of 492,205 contributed positively to equity growth.
- Dividend payments of 516,507 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$492.20K | +100.0% |
| Dividends Paid | CA$516.51K | -104.94% |
| Other Changes | CA$-1.00 | -0.0% |
| Total Change | CA$- | -4.71% |
Book Value vs Market Value Analysis
This analysis compares Mackenzie Mstr Un (MKZ-UN.TO'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: 6.30x
- 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 0.46x to 6.30x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | CA$1.07 | CA$0.50 | x |
| 2006-12-31 | CA$0.91 | CA$0.50 | x |
| 2007-12-31 | CA$0.81 | CA$0.50 | x |
| 2008-12-31 | CA$0.59 | CA$0.50 | x |
| 2011-12-31 | CA$0.24 | CA$0.50 | x |
| 2012-12-31 | CA$0.21 | CA$0.50 | x |
| 2013-12-31 | CA$0.20 | CA$0.50 | x |
| 2014-12-31 | CA$0.20 | CA$0.50 | x |
| 2015-12-31 | CA$0.18 | CA$0.50 | x |
| 2016-12-31 | CA$0.15 | CA$0.50 | x |
| 2017-12-31 | CA$0.14 | CA$0.50 | x |
| 2018-12-31 | CA$0.13 | CA$0.50 | x |
| 2019-12-31 | CA$0.12 | CA$0.50 | x |
| 2020-12-31 | CA$0.10 | CA$0.50 | x |
| 2021-12-31 | CA$0.10 | CA$0.50 | x |
| 2022-12-31 | CA$0.09 | CA$0.50 | x |
| 2023-12-31 | CA$0.08 | CA$0.50 | x |
| 2024-12-31 | CA$0.08 | CA$0.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mackenzie Mstr Un (MKZ-UN.TO 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): 100.00%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 60.29%
- • Asset Turnover: 1.11x
- • Equity Multiplier: 1.50x
- Recent ROE (100.00%) is above the historical average (100.00%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 100.00% | 96.09% | 1.03x | 1.01x | CA$6.02 Million |
| 2006 | 100.00% | 95.50% | 1.04x | 1.01x | CA$5.12 Million |
| 2007 | 100.00% | 96.23% | 1.03x | 1.01x | CA$4.57 Million |
| 2008 | 100.00% | 95.61% | 1.03x | 1.01x | CA$3.34 Million |
| 2011 | 100.00% | 66.79% | 1.02x | 1.47x | CA$1.37 Million |
| 2012 | 100.00% | 68.64% | 1.03x | 1.41x | CA$1.18 Million |
| 2013 | 100.00% | 68.74% | 1.03x | 1.41x | CA$1.14 Million |
| 2014 | 100.00% | 68.35% | 1.04x | 1.41x | CA$1.11 Million |
| 2015 | 100.00% | 68.18% | 1.04x | 1.41x | CA$1.01 Million |
| 2016 | 100.00% | 67.02% | 1.05x | 1.42x | CA$848.69K |
| 2017 | 100.00% | 67.04% | 1.04x | 1.43x | CA$807.23K |
| 2018 | 100.00% | 67.38% | 1.02x | 1.45x | CA$728.03K |
| 2019 | 100.00% | 67.92% | 1.02x | 1.45x | CA$671.55K |
| 2020 | 100.00% | 64.92% | 1.05x | 1.47x | CA$537.25K |
| 2021 | 100.00% | 63.84% | 1.08x | 1.45x | CA$541.14K |
| 2022 | 100.00% | 65.66% | 1.03x | 1.48x | CA$479.67K |
| 2023 | 100.00% | 62.07% | 1.08x | 1.49x | CA$464.86K |
| 2024 | 100.00% | 60.29% | 1.11x | 1.50x | CA$442.98K |
Industry Comparison
This section compares Mackenzie Mstr Un (MKZ-UN.TO's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $398,436,303
- Average return on equity (ROE) among peers: -4.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mackenzie Mstr Un (MKZ-UN.TO (MKZ-UN) | CA$225.34K | 100.00% | 0.46x | $3.25K |
| Alaris Equity Partners Income Trust (AD-UN) | $604.54 Million | 1.97% | 0.32x | $616.42 Million |
| AI Artificial Intelligence Ventures Inc. (AIVC) | $4.27 Million | -129.03% | 0.20x | $5.48 Million |
| Brookfield Global Infrastructure Securities Income Fund (BGI-UN) | $354.64 Million | 11.23% | 0.49x | $48.58K |
| Bankers Petroleum Ltd (BNK) | $28.51 Million | 46.55% | 0.58x | $113.70K |
| Sprott Physical Gold and Silver Trust (CEF) | $1.20 Billion | -29.28% | 0.00x | $452.56K |
| Canso Select Opportunities Corporation (CSOC-B) | $12.03 Million | -8.99% | 0.00x | $8.94 Million |
| CoTec Holdings Corp. (CTH) | $-59.00K | 0.00% | 0.00x | $51.82 Million |
| Clairvest Group Inc. (CVG) | $1.25 Billion | 9.75% | 0.14x | $159.95 Million |
| Dividend Growth Split Corp (DGS) | $296.85 Million | 37.60% | 1.53x | $52.33K |
| E Split Corp Class A (ENS) | $227.99 Million | 17.94% | 0.77x | $118.61K |