Meridian Mining UK Societas (MNO) - Net Assets
Based on the latest financial reports, Meridian Mining UK Societas (MNO) has net assets worth CA$42.85 Million CAD (≈ $31.00 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$46.04 Million ≈ $33.30 Million USD) and total liabilities (CA$3.19 Million ≈ $2.31 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 tangible equity quality of Meridian Mining UK Societas to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$42.85 Million |
| % of Total Assets | 93.07% |
| Annual Growth Rate | 14.74% |
| 5-Year Change | N/A |
| 10-Year Change | 64.9% |
| Growth Volatility | 959.74 |
Meridian Mining UK Societas - Net Assets Trend (1999–2025)
This chart illustrates how Meridian Mining UK Societas's net assets have evolved over time, based on quarterly financial data. See Meridian Mining UK Societas defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Meridian Mining UK Societas (1999–2025)
The table below shows the annual net assets of Meridian Mining UK Societas from 1999 to 2025. For live valuation and market cap data, see market value of Meridian Mining UK Societas.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$42.85 Million ≈ $31.00 Million |
+366.26% |
| 2024-12-31 | CA$9.19 Million ≈ $6.65 Million |
-38.81% |
| 2023-12-31 | CA$15.02 Million ≈ $10.86 Million |
+29.21% |
| 2022-12-31 | CA$11.62 Million ≈ $8.41 Million |
+412.82% |
| 2021-12-31 | CA$-3.72 Million ≈ $-2.69 Million |
-215.25% |
| 2020-12-31 | CA$3.22 Million ≈ $2.33 Million |
+118.89% |
| 2019-12-31 | CA$-17.07 Million ≈ $-12.35 Million |
-3442.88% |
| 2018-12-31 | CA$510.62K ≈ $369.38K |
-96.56% |
| 2017-12-31 | CA$14.84 Million ≈ $10.74 Million |
-42.88% |
| 2016-12-31 | CA$25.98 Million ≈ $18.80 Million |
+965.46% |
| 2015-12-31 | CA$2.44 Million ≈ $1.76 Million |
-48.22% |
| 2014-12-31 | CA$4.71 Million ≈ $3.41 Million |
+496.21% |
| 2013-12-31 | CA$790.03K ≈ $571.49K |
+10.36% |
| 2012-12-31 | CA$715.87K ≈ $517.85K |
-73.81% |
| 2011-12-31 | CA$2.73 Million ≈ $1.98 Million |
+413.16% |
| 2010-12-31 | CA$-872.77K ≈ $-631.35K |
+66.00% |
| 2009-12-31 | CA$-2.57 Million ≈ $-1.86 Million |
-35.71% |
| 2008-12-31 | CA$-1.89 Million ≈ $-1.37 Million |
-502.93% |
| 2007-12-31 | CA$-313.68K ≈ $-226.91K |
+32.05% |
| 2006-12-31 | CA$-461.63K ≈ $-333.94K |
+30.66% |
| 2005-12-31 | CA$-665.76K ≈ $-481.60K |
-344.15% |
| 2004-12-31 | CA$-149.90K ≈ $-108.43K |
+28.33% |
| 2003-12-31 | CA$-209.15K ≈ $-151.29K |
+77.92% |
| 2002-12-31 | CA$-947.23K ≈ $-685.21K |
-13.33% |
| 2001-12-31 | CA$-835.81K ≈ $-604.61K |
-174.17% |
| 2000-12-31 | CA$1.13 Million ≈ $815.21K |
-6.15% |
| 1999-12-31 | CA$1.20 Million ≈ $868.63K |
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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 6697452532.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$4.68 Million | 10.93% |
| Other Comprehensive Income | CA$70.49 Million | 164.51% |
| Other Components | CA$35.42 Million | 82.67% |
| Total Equity | CA$42.85 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 |
|---|---|
|
Shanghai Laimu Electronics Co Ltd
SHG:603633
|
$504.02 Million |
|
Docebo Inc
TO:DCBO
|
$504.07 Million |
|
Guangdong Guoli Sci&Tech Co Ltd Class A
SHE:300716
|
$504.15 Million |
|
Hunan Creator Information Technologies Co Ltd Class A
SHE:300730
|
$504.24 Million |
|
BlackRock Health Sciences Trust
NYSE:BME
|
$503.65 Million |
|
Zhe Jiang Li Zi Yuan Food Co Ltd
SHG:605337
|
$503.48 Million |
|
Mnc Land Tbk
JK:KPIG
|
$503.21 Million |
|
Beijing Piesat Information Technology Co Ltd
SHG:688066
|
$503.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Meridian Mining UK Societas's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 9,189,543 to 42,847,366, a change of 33,657,823 (366.3%).
- Net loss of 17,300,284 reduced equity.
- Share repurchases of 50,353,760 reduced equity.
- New share issuances of 48,510,800 increased equity.
- Other comprehensive income increased equity by 929,688.
- Other factors increased equity by 51,871,379.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-17.30 Million | -40.38% |
| Share Repurchases | CA$50.35 Million | -117.52% |
| Share Issuances | CA$48.51 Million | +113.22% |
| Other Comprehensive Income | CA$929.69K | +2.17% |
| Other Changes | CA$51.87 Million | +121.06% |
| Total Change | CA$- | 366.26% |
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: 14.41x
- 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 0.30x to 14.41x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1999-12-31 | CA$5.57 | CA$1.66 | x |
| 2000-12-31 | CA$4.88 | CA$1.66 | x |
| 2001-12-31 | CA$-3.40 | CA$1.66 | x |
| 2002-12-31 | CA$-3.54 | CA$1.66 | x |
| 2003-12-31 | CA$-0.16 | CA$1.66 | x |
| 2004-12-31 | CA$-0.10 | CA$1.66 | x |
| 2005-12-31 | CA$-0.29 | CA$1.66 | x |
| 2006-12-31 | CA$-0.10 | CA$1.66 | x |
| 2007-12-31 | CA$-0.04 | CA$1.66 | x |
| 2008-12-31 | CA$-0.21 | CA$1.66 | x |
| 2009-12-31 | CA$-0.20 | CA$1.66 | x |
| 2010-12-31 | CA$-0.06 | CA$1.66 | x |
| 2011-12-31 | CA$0.17 | CA$1.66 | x |
| 2012-12-31 | CA$0.04 | CA$1.66 | x |
| 2013-12-31 | CA$0.03 | CA$1.66 | x |
| 2015-12-31 | CA$0.03 | CA$1.66 | x |
| 2016-12-31 | CA$0.21 | CA$1.66 | x |
| 2017-12-31 | CA$0.09 | CA$1.66 | x |
| 2018-12-31 | CA$0.00 | CA$1.66 | x |
| 2019-12-31 | CA$-0.10 | CA$1.66 | x |
| 2020-12-31 | CA$0.03 | CA$1.66 | x |
| 2021-12-31 | CA$-0.03 | CA$1.66 | x |
| 2022-12-31 | CA$0.06 | CA$1.66 | x |
| 2023-12-31 | CA$0.07 | CA$1.66 | x |
| 2024-12-31 | CA$0.03 | CA$1.66 | x |
| 2025-12-31 | CA$0.12 | CA$1.66 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Meridian Mining UK Societas utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -40.38%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.07x
- Recent ROE (-40.38%) is above the historical average (-142.09%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | -8.66% | 0.00% | 0.00x | 1.67x | CA$-224.11K |
| 2000 | -8.78% | 0.00% | 0.00x | 1.71x | CA$-211.68K |
| 2001 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-3.77K |
| 2002 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-5.10K |
| 2003 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-333.09K |
| 2004 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-799.01K |
| 2005 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-2.36 Million |
| 2006 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-4.81 Million |
| 2007 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-8.32 Million |
| 2008 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-5.37 Million |
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.03 Million |
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | CA$430.52K |
| 2011 | -14.96% | 0.00% | 0.00x | 1.68x | CA$-682.32K |
| 2012 | -225.32% | 0.00% | 0.00x | 2.59x | CA$-1.68 Million |
| 2013 | -265.56% | 0.00% | 0.00x | 1.75x | CA$-2.18 Million |
| 2015 | -319.34% | -2341.30% | 0.07x | 1.97x | CA$-8.03 Million |
| 2016 | -35.93% | -156.84% | 0.16x | 1.45x | CA$-11.93 Million |
| 2017 | -98.30% | -139.51% | 0.31x | 2.27x | CA$-16.07 Million |
| 2018 | -2172.04% | -108.50% | 0.49x | 40.83x | CA$-11.14 Million |
| 2019 | 0.00% | -284.30% | 0.62x | 0.00x | CA$-16.10 Million |
| 2020 | -233.62% | -3125.06% | 0.02x | 3.39x | CA$-7.85 Million |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-37.21 Million |
| 2022 | 6.88% | 0.00% | 0.00x | 1.31x | CA$-362.23K |
| 2023 | -79.81% | 0.00% | 0.00x | 1.16x | CA$-13.49 Million |
| 2024 | -198.43% | 0.00% | 0.00x | 1.22x | CA$-19.15 Million |
| 2025 | -40.38% | 0.00% | 0.00x | 1.07x | CA$-21.59 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: $40,440,349
- Average return on equity (ROE) among peers: -44.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Meridian Mining UK Societas (MNO) | CA$42.85 Million | -8.66% | 0.07x | $503.69 Million |
| Aftermath Silver Ltd (AAG) | $23.92 Million | -29.78% | 0.34x | $168.05 Million |
| Aton Resources Inc (AAN) | $2.59 Million | -161.78% | 0.36x | $43.33 Million |
| Arbor Metals Corp (ABR) | $3.78 Million | -10.88% | 0.34x | $8.19 Million |
| Asiabasemetals Inc (ABZ) | $717.72K | -45.73% | 0.05x | $3.27 Million |
| Adex Mining Inc (ADE) | $-4.38 Million | 0.00% | 0.00x | $67.72 Million |
| Alphamin Res (AFM) | $310.73 Million | 15.51% | 0.36x | $1.34 Billion |
| Silver X Mining Corp (AGX) | $18.71 Million | -66.45% | 1.77x | $126.80 Million |
| Amarc Resources Ltd. (AHR) | $1.25 Million | -166.39% | 1.91x | $163.00 Million |
| Almonty Industries Inc (AII) | $47.10 Million | 22.07% | 0.87x | $5.44 Billion |
| Aldebaran Resources Inc (ALDE) | $1.00 | 0.00% | 0.00x | $390.90 Million |
About Meridian Mining UK Societas
Meridian Mining Plc, together with its subsidiaries, engages in the acquisition, exploration, and development of mineral properties in Brazil. The company explores manganese, gold, copper, and silver deposits. It'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 its name to… Read more