Mene Inc Net Assets

Latest as of September 2025: CA$17.62 Million CAD ≈ $12.75 Million USD

Mene Inc net assets. Based on the latest financial reports, Mene Inc (MENE) has net assets worth CA$17.62 Million CAD (≈ $12.75 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$20.03 Million ≈ $14.49 Million USD) and total liabilities (CA$2.41 Million ≈ $1.74 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. Also explore Mene Inc net asset momentum to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$17.62 Million
% of Total Assets	87.97%
Annual Growth Rate	N/A
5-Year Change	54.48%
10-Year Change	N/A
Growth Volatility	1285.92

Net Assets of Mene Inc (2000–2024)

Net assets of Mene Inc from 2000 to 2024. This chart illustrates how Mene Inc's net assets have evolved over time, based on quarterly financial data. See Mene Inc (MENE) balance sheet quality index to measure how much of total assets are equity-financed.

Annual Net Assets for Mene Inc (2000–2024)

The table below shows the annual net assets of Mene Inc from 2000 to 2024. For live market cap and overall valuation, see MENE market cap.

Year	Net Assets	Change
2024-12-31	CA$17.77 Million ≈ $12.85 Million	+11.19%
2023-12-31	CA$15.98 Million ≈ $11.56 Million	-8.51%
2022-12-31	CA$17.47 Million ≈ $12.64 Million	-0.86%
2021-12-31	CA$17.62 Million ≈ $12.75 Million	+53.18%
2020-12-31	CA$11.50 Million ≈ $8.32 Million	-23.96%
2019-12-31	CA$15.13 Million ≈ $10.94 Million	-18.30%
2018-12-31	CA$18.52 Million ≈ $13.39 Million	+5770.63%
2017-12-31	CA$315.40K ≈ $228.16K	+212.52%
2016-12-31	CA$-280.31K ≈ $-202.77K	-77.32%
2015-12-31	CA$-158.08K ≈ $-114.35K	-70.42%
2014-12-31	CA$-92.76K ≈ $-67.10K	-108.89%
2013-12-31	CA$1.04 Million ≈ $754.59K	-84.61%
2012-12-31	CA$6.78 Million ≈ $4.90 Million	-37.19%
2011-12-31	CA$10.79 Million ≈ $7.81 Million	-9.76%
2010-12-31	CA$11.96 Million ≈ $8.65 Million	-21.23%
2009-12-31	CA$15.18 Million ≈ $10.98 Million	+19.04%
2008-12-31	CA$12.75 Million ≈ $9.23 Million	+86.80%
2007-12-31	CA$6.83 Million ≈ $4.94 Million	+167.63%
2006-12-31	CA$2.55 Million ≈ $1.85 Million	-30.69%
2005-12-31	CA$3.68 Million ≈ $2.66 Million	+50.69%
2004-12-31	CA$2.44 Million ≈ $1.77 Million	+330.41%
2003-12-31	CA$567.48K ≈ $410.50K	+553.43%
2002-12-31	CA$86.85K ≈ $62.82K	+228.46%
2001-12-31	CA$-67.60K ≈ $-48.90K	-255.98%
2000-12-31	CA$-18.99K ≈ $-13.74K	--

Equity Component Analysis

This analysis shows how different components contribute to Mene Inc'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 1960868100.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Mene Inc Net Assets Breakdown (December 2024)

Mene Inc net assets breakdown by equity component as of December 2024.

Component	Amount	Percentage
Other Components	CA$40.69 Million	229.01%
Total Equity	CA$17.77 Million	100.00%

Mene Inc Competitors by Market Cap

The table below lists competitors of Mene Inc ranked by their market capitalization.

Company	Market Cap
Alumil Rom Industry SA RO:ALU	$19.59 Million
Genius Group Ltd NYSE MKT:GNS	$19.59 Million
Black Hawk Acquisition Corporation NASDAQ:BKHA	$19.60 Million
Matricelf Ltd TA:MTLF	$19.61 Million
Rohas Tecnic Bhd KLSE:9741	$19.58 Million
OneSavings Bank PLC LSE:OSB	$19.57 Million
Sogn Sparebank OL:SOGN	$19.56 Million
TMK Energy Ltd AU:TMK	$19.56 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Mene Inc's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 15,981,748 to 17,769,949, a change of 1,788,201 (11.2%).
Net loss of 993,933 reduced equity.
Other factors increased equity by 2,782,134.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CA$-993.93K	-5.59%
Other Changes	CA$2.78 Million	+15.66%
Total Change	CA$-	11.19%

Book Value vs Market Value Analysis

This analysis compares Mene Inc'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: 2.64x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2000-12-31	CA$-4.42	CA$0.18	x
2001-12-31	CA$-9.93	CA$0.18	x
2002-12-31	CA$12.78	CA$0.18	x
2003-12-31	CA$24.44	CA$0.18	x
2004-12-31	CA$57.09	CA$0.18	x
2005-12-31	CA$47.97	CA$0.18	x
2006-12-31	CA$17.01	CA$0.18	x
2007-12-31	CA$30.76	CA$0.18	x
2008-12-31	CA$33.31	CA$0.18	x
2009-12-31	CA$26.61	CA$0.18	x
2010-12-31	CA$15.49	CA$0.18	x
2011-12-31	CA$8.36	CA$0.18	x
2012-12-31	CA$4.33	CA$0.18	x
2013-12-31	CA$0.61	CA$0.18	x
2014-12-31	CA$-0.05	CA$0.18	x
2015-12-31	CA$-0.08	CA$0.18	x
2016-12-31	CA$-0.14	CA$0.18	x
2017-12-31	CA$0.08	CA$0.18	x
2018-12-31	CA$0.09	CA$0.18	x
2019-12-31	CA$0.06	CA$0.18	x
2020-12-31	CA$0.05	CA$0.18	x
2021-12-31	CA$0.07	CA$0.18	x
2022-12-31	CA$0.07	CA$0.18	x
2023-12-31	CA$0.06	CA$0.18	x
2024-12-31	CA$0.07	CA$0.18	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Mene Inc 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): -5.59%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -3.85%
• Asset Turnover: 1.23x
• Equity Multiplier: 1.18x
Recent ROE (-5.59%) is above the historical average (-49.47%), indicating improving 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	CA$-65.27K
2001	0.00%	0.00%	0.00x	0.00x	CA$-41.85K
2002	-112.64%	0.00%	0.00x	2.85x	CA$-106.51K
2003	-92.41%	0.00%	0.00x	1.96x	CA$-581.17K
2004	-21.58%	0.00%	0.00x	1.03x	CA$-771.46K
2005	-9.23%	0.00%	0.00x	1.01x	CA$-707.84K
2006	-164.53%	0.00%	0.00x	1.04x	CA$-4.45 Million
2007	-3.44%	0.00%	0.00x	1.12x	CA$-917.48K
2008	-33.19%	0.00%	0.00x	1.14x	CA$-5.51 Million
2009	-2.97%	0.00%	0.00x	1.06x	CA$-1.97 Million
2010	-42.57%	0.00%	0.00x	1.08x	CA$-6.29 Million
2011	-29.10%	0.00%	0.00x	1.06x	CA$-4.22 Million
2012	-64.13%	0.00%	0.00x	1.16x	CA$-5.02 Million
2013	-556.27%	0.00%	0.00x	2.17x	CA$-5.91 Million
2014	0.00%	0.00%	0.00x	0.00x	CA$-1.15 Million
2015	0.00%	0.00%	0.00x	0.00x	CA$-65.54K
2016	0.00%	0.00%	0.00x	0.00x	CA$-94.19K
2017	30.73%	0.00%	0.00x	1.03x	CA$65.37K
2018	-37.63%	-87.88%	0.25x	1.70x	CA$-8.82 Million
2019	-47.52%	-55.03%	0.30x	2.85x	CA$-8.70 Million
2020	-23.73%	-12.92%	0.64x	2.86x	CA$-3.88 Million
2021	-0.19%	-0.12%	0.90x	1.69x	CA$-1.79 Million
2022	-8.38%	-5.44%	0.85x	1.82x	CA$-3.21 Million
2023	-12.44%	-8.53%	1.28x	1.14x	CA$-3.59 Million
2024	-5.59%	-3.85%	1.23x	1.18x	CA$-2.77 Million

Industry Comparison

This section compares Mene Inc's net assets metrics with peer companies in the Luxury Goods industry.

No peer company data available for comparison.

About Mene Inc

V:MENE Canada Luxury Goods

Market Cap

$19.59 Million

CA$27.08 Million CAD

Market Cap Rank

#25041 Global

#952 in Canada

Share Price

CA$0.18

Change (1 day)

+2.86%

52-Week Range

CA$0.14 - CA$0.25

All Time High

CA$1.00