Mermeren Kombinat AD
Mermeren Kombinat AD engages in mining, processing, and distribution of marble and decorative stones in North Macedonia, China, Greece, Balkan region, and internationally. It operates through Quarry and Factory segments. The company operates quarries located to the northeast of the city of Prilep. Its products are used in various projects, including mosques, hotels, palaces, commercial and reside… Read more
Mermeren Kombinat AD (MERKO) - Total Assets
Latest total assets as of December 2024: €2.43 Billion EUR
Based on the latest financial reports, Mermeren Kombinat AD (MERKO) holds total assets worth €2.43 Billion EUR as of December 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Mermeren Kombinat AD - Total Assets Trend (2014–2024)
This chart illustrates how Mermeren Kombinat AD’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Mermeren Kombinat AD - Asset Composition Analysis
Current Asset Composition (December 2024)
Mermeren Kombinat AD's total assets of €2.43 Billion consist of 57.4% current assets and 42.6% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 11.1% |
| Accounts Receivable | €546.64 Million | 22.5% |
| Inventory | €281.65 Million | 11.6% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €100.43 Million | 4.1% |
| Goodwill | €0.00 | 0.0% |
Asset Composition Trend (2014–2024)
This chart illustrates how Mermeren Kombinat AD's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Mermeren Kombinat AD's current assets represent 57.4% of total assets in 2024, an increase from 41.9% in 2014.
- Cash Position: Cash and equivalents constituted 11.1% of total assets in 2024, up from 7.6% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, a decrease from 9.0% in 2014.
- Asset Diversification: The largest asset category is accounts receivable at 22.5% of total assets.
Mermeren Kombinat AD Competitors by Total Assets
Key competitors of Mermeren Kombinat AD based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Galileo Resources Plc
LSE:GLR
|
UK | GBX14.28 Million |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060
|
China | CN¥48.31 Billion |
|
Shengda Mining Co Ltd
SHE:000603
|
China | CN¥7.11 Billion |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
|
China | CN¥14.74 Billion |
|
China Tungsten and Hightech Materials Co Ltd
SHE:000657
|
China | CN¥20.78 Billion |
|
Guocheng Mining Co Ltd
SHE:000688
|
China | CN¥8.41 Billion |
|
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd
SHE:000758
|
China | CN¥23.09 Billion |
|
Huludao Zinc Industry Co Ltd
SHE:000751
|
China | CN¥10.04 Billion |
Mermeren Kombinat AD - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Mermeren Kombinat AD generates 0.80x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Mermeren Kombinat AD generates $ 37.63 in net profit.
Mermeren Kombinat AD - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 10.65 | 14.17 | 13.58 |
| Quick Ratio | 8.50 | 10.78 | 10.83 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €1.26 Billion | € 1.23 Billion | € 24.72 Million |
Mermeren Kombinat AD - Advanced Valuation Insights
This section examines the relationship between Mermeren Kombinat AD's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 4.13 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 6.1% |
| Total Assets | €2.43 Billion |
| Market Capitalization | $18.31 Million USD |
Valuation Analysis
Below Book Valuation: The market values Mermeren Kombinat AD's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Mermeren Kombinat AD's assets grew by 6.1% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Mermeren Kombinat AD (2014–2024)
The table below shows the annual total assets of Mermeren Kombinat AD from 2014 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | €2.43 Billion | +6.08% |
| 2023-12-31 | €2.29 Billion | +5323.52% |
| 2022-12-31 | €42.20 Million | -4.15% |
| 2021-12-31 | €44.03 Million | +7.91% |
| 2020-12-31 | €40.81 Million | -1.51% |
| 2019-12-31 | €41.43 Million | -7.85% |
| 2018-12-31 | €44.96 Million | +72.50% |
| 2017-12-31 | €26.07 Million | +5.56% |
| 2016-12-31 | €24.69 Million | +4.71% |
| 2015-12-31 | €23.58 Million | -2.44% |
| 2014-12-31 | €24.17 Million | -- |