Meridian Mining UK Societas (MNO) - Net Assets

Latest as of September 2025: CA$47.34 Million CAD ≈ $34.25 Million USD

Based on the latest financial reports, Meridian Mining UK Societas (MNO) has net assets worth CA$47.34 Million CAD (≈ $34.25 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 (CA$50.28 Million ≈ $36.37 Million USD) and total liabilities (CA$2.94 Million ≈ $2.13 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 Meridian Mining UK Societas liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$47.34 Million
% of Total Assets	94.15%
Annual Growth Rate	8.48%
5-Year Change	185.03%
10-Year Change	276.81%
Growth Volatility	984.29

Meridian Mining UK Societas - Net Assets Trend (1999–2024)

This chart illustrates how Meridian Mining UK Societas's net assets have evolved over time, based on quarterly financial data. Also explore MNO asset base for the complete picture of this company's asset base.

Annual Net Assets for Meridian Mining UK Societas (1999–2024)

The table below shows the annual net assets of Meridian Mining UK Societas from 1999 to 2024. For live valuation and market cap data, see market value of Meridian Mining UK Societas.

Year	Net Assets	Change
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	--

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 14263942232.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Common Stock	CA$3.41 Million	37.14%
Other Comprehensive Income	CA$69.56 Million	756.92%
Other Components	CA$79.63 Million	866.55%
Total Equity	CA$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
HCM II Acquisition Corp. Unit NASDAQ:HONDU	$525.00 Million
Canadian Banc Corp TO:BK	$525.03 Million
Grape King Bio Ltd TW:1707	$525.05 Million
Nanjing Central Emporium Group Stocks Co Ltd SHG:600280	$525.05 Million
Optotech Corp TW:2340	$524.91 Million
Guangzhou Jinyi Media Corp SHE:002905	$524.79 Million
Hi-Trend Tech(Shanghai)Co Ltd SHG:688391	$524.69 Million
Brandywine Realty Trust NYSE:BDN	$524.57 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 15,019,000 to 9,189,543, a change of -5,829,457 (-38.8%).
Net loss of 18,235,000 reduced equity.
Share repurchases of 15,155,970 reduced equity.
New share issuances of 14,826,174 increased equity.
Other comprehensive income decreased equity by 1,535,401.
Other factors increased equity by 14,270,740.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CA$-18.23 Million	-198.43%
Share Repurchases	CA$15.16 Million	-164.93%
Share Issuances	CA$14.83 Million	+161.34%
Other Comprehensive Income	CA$-1.54 Million	-16.71%
Other Changes	CA$14.27 Million	+155.29%
Total Change	CA$-	-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: 53.78x
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 0.31x to 53.78x 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$1.73	x
2000-12-31	CA$4.88	CA$1.73	x
2001-12-31	CA$-3.40	CA$1.73	x
2002-12-31	CA$-3.54	CA$1.73	x
2003-12-31	CA$-0.16	CA$1.73	x
2004-12-31	CA$-0.10	CA$1.73	x
2005-12-31	CA$-0.29	CA$1.73	x
2006-12-31	CA$-0.10	CA$1.73	x
2007-12-31	CA$-0.04	CA$1.73	x
2008-12-31	CA$-0.21	CA$1.73	x
2009-12-31	CA$-0.20	CA$1.73	x
2010-12-31	CA$-0.06	CA$1.73	x
2011-12-31	CA$0.17	CA$1.73	x
2012-12-31	CA$0.04	CA$1.73	x
2013-12-31	CA$0.03	CA$1.73	x
2015-12-31	CA$0.03	CA$1.73	x
2016-12-31	CA$0.21	CA$1.73	x
2017-12-31	CA$0.09	CA$1.73	x
2018-12-31	CA$0.00	CA$1.73	x
2019-12-31	CA$-0.10	CA$1.73	x
2020-12-31	CA$0.03	CA$1.73	x
2021-12-31	CA$-0.03	CA$1.73	x
2022-12-31	CA$0.06	CA$1.73	x
2023-12-31	CA$0.07	CA$1.73	x
2024-12-31	CA$0.03	CA$1.73	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 below the historical average (-146.16%), suggesting potential challenges in 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

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: $14,613,271
Average return on equity (ROE) among peers: -28.30%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Meridian Mining UK Societas (MNO)	CA$47.34 Million	-8.66%	0.06x	$524.93 Million
Aftermath Silver Ltd (AAG)	$1.38 Million	-190.49%	0.19x	$185.75 Million
Aton Resources Inc (AAN)	$-9.49 Million	0.00%	0.00x	$49.79 Million
Arbor Metals Corp (ABR)	$3.78 Million	-10.88%	0.34x	$10.75 Million
Asiabasemetals Inc (ABZ)	$-637.51K	0.00%	0.00x	$4.67 Million
Adex Mining Inc (ADE)	$-2.16 Million	0.00%	0.00x	$27.09 Million
Alphamin Res (AFM)	$71.72 Million	-9.02%	0.02x	$1.30 Billion
Silver X Mining Corp (AGX)	$38.37 Million	-47.47%	0.73x	$148.73 Million
Amarc Resources Ltd. (AHR)	$14.00 Million	5.93%	0.01x	$148.33 Million
Almonty Industries Inc (AII)	$29.17 Million	-31.05%	4.18x	$4.73 Billion
Aldebaran Resources Inc (ALDE)	$1.00	0.00%	0.00x	$332.39 Million

About Meridian Mining UK Societas

TO:MNO Canada Other Industrial Metals & Mining

Market Cap

$524.93 Million

CA$725.66 Million CAD

Market Cap Rank

#12290 Global

#354 in Canada

Share Price

CA$1.73

Change (1 day)

-1.14%

52-Week Range

CA$0.64 - CA$2.00

All Time High

CA$2.00