Marfin Investment Group Holdings S.A (MIG) - Total Assets
Based on the latest financial reports, Marfin Investment Group Holdings S.A (MIG) holds total assets worth €219.65 Million EUR (≈ $256.79 Million USD) as of June 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.
Marfin Investment Group Holdings S.A - Total Assets Trend (2014–2023)
This chart illustrates how Marfin Investment Group Holdings S.A's total assets have evolved over time, based on quarterly financial data. Also see how much is Marfin Investment Group Holdings S.A worth for the company's overall valuation and market capitalisation.
Marfin Investment Group Holdings S.A - Asset Composition Analysis
Current Asset Composition (December 2023)
Marfin Investment Group Holdings S.A's total assets of €219.65 Million consist of 7.0% current assets and 93.0% non-current assets. Review debt load of Marfin Investment Group Holdings S.A to assess the company's total debt and financial obligations.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 3.4% |
| Accounts Receivable | €1.45 Million | 0.7% |
| Inventory | €0.00 | 0.0% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €43.00K | 0.0% |
| Goodwill | €0.00 | 0.0% |
Asset Composition Trend (2014–2023)
This chart illustrates how Marfin Investment Group Holdings S.A'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. See today's stock price for Marfin Investment Group Holdings S.A for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Marfin Investment Group Holdings S.A's current assets represent 7.0% of total assets in 2023, a decrease from 19.0% in 2014.
- Cash Position: Cash and equivalents constituted 3.4% of total assets in 2023, up from 3.0% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 24.0% in 2014.
- Asset Diversification: The largest asset category is accounts receivable at 0.7% of total assets.
Marfin Investment Group Holdings S.A Competitors by Total Assets
Key competitors of Marfin Investment Group Holdings S.A based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Nestle S.A.
SW:NESN
|
Switzerland | CHF128.38 Billion |
|
Saputo Inc
TO:SAP
|
Canada | CA$13.61 Billion |
|
ORKLA ADR/1 NK 625
F:OKL0
|
Germany | €88.70 Billion |
|
The a2 Milk Company Ltd
AU:A2M
|
Australia | AU$1.96 Billion |
|
Guangdong Haid Group Co Ltd
SHE:002311
|
China | CN¥55.29 Billion |
|
Cisarua Mountain Dairy Tbk PT
JK:CMRY
|
Indonesia | Rp9.48 Trillion |
|
Qianhe Condiment&Food Co Ltd
SHG:603027
|
China | CN¥4.46 Billion |
|
Chacha Food Co Ltd
SHE:002557
|
China | CN¥9.69 Billion |
Marfin Investment Group Holdings S.A - 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 | 1.89 | 2.76 | 0.51 |
| Quick Ratio | 1.89 | 2.76 | 0.43 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €5.51 Million | €11.03 Million | €-396.24 Million |
Marfin Investment Group Holdings S.A - Advanced Valuation Insights
This section examines the relationship between Marfin Investment Group Holdings S.A'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 | 0.81 |
| Latest Market Cap to Assets Ratio | 0.47 |
| Asset Growth Rate (YoY) | -82.4% |
| Total Assets | €220.19 Million |
| Market Capitalization | $102.83 Million USD |
Valuation Analysis
Below Book Valuation: The market values Marfin Investment Group Holdings S.A's assets below their book value (0.47x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Marfin Investment Group Holdings S.A's assets decreased by 82.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Marfin Investment Group Holdings S.A (2014–2023)
The table below shows the annual total assets of Marfin Investment Group Holdings S.A from 2014 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | €220.19 Million ≈ $257.43 Million |
-82.39% |
| 2022-12-31 | €1.25 Billion ≈ $1.46 Billion |
+2.30% |
| 2021-12-31 | €1.22 Billion ≈ $1.43 Billion |
-43.53% |
| 2020-12-31 | €2.16 Billion ≈ $2.53 Billion |
-5.51% |
| 2019-12-31 | €2.29 Billion ≈ $2.68 Billion |
+1.47% |
| 2018-12-31 | €2.26 Billion ≈ $2.64 Billion |
-13.14% |
| 2017-12-31 | €2.60 Billion ≈ $3.04 Billion |
-4.26% |
| 2016-12-31 | €2.72 Billion ≈ $3.17 Billion |
-3.85% |
| 2015-12-31 | €2.82 Billion ≈ $3.30 Billion |
-6.73% |
| 2014-12-31 | €3.03 Billion ≈ $3.54 Billion |
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About Marfin Investment Group Holdings S.A
MIG Holdings S.A., an investment holding company, focuses on investment in equities in Greece and South-Eastern Europe. The company engages in the real estate management; ship management; overseas and coastal transportation; production and distribution of dairy products, animal feed, vegetables, and frozen foods; restaurants and café-patisseries; and beverage and fast-food businesses. It also pro… Read more