MAC Copper Ltd (MAC) - Total Assets
Based on the latest financial reports, MAC Copper Ltd (MAC) holds total assets worth AU$1.35 Billion AUD (≈ $955.09 Million USD) as of June 2025. 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. See MAC book value for net asset value and shareholders' equity analysis.
MAC Copper Ltd - Total Assets Trend (2021–2024)
This chart illustrates how MAC Copper Ltd's total assets have evolved over time, based on quarterly financial data.
MAC Copper Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
MAC Copper Ltd's total assets of AU$1.35 Billion consist of 14.8% current assets and 85.2% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 12.2% |
| Accounts Receivable | AU$7.31 Million | 0.5% |
| Inventory | AU$27.98 Million | 2.0% |
| Property, Plant & Equipment | AU$1.20 Billion | 84.9% |
| Intangible Assets | AU$0.00 | 0.0% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (2021–2024)
This chart illustrates how MAC Copper Ltd'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. For live market cap, price, and company overview, see market value of MAC Copper Ltd.
Key Asset Composition Facts
- Current vs. Non-Current Assets: MAC Copper Ltd's current assets represent 14.8% of total assets in 2024, an increase from 0.5% in 2021.
- Cash Position: Cash and equivalents constituted 12.2% of total assets in 2024, up from 0.4% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
- Asset Diversification: The largest asset category is property, plant & equipment at 84.9% of total assets.
MAC Copper Ltd Competitors by Total Assets
Key competitors of MAC Copper Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Sandfire Resources Ltd
AU:SFR
|
Australia | AU$2.87 Billion |
|
Atalaya Mining Ltd
F:E5S1
|
Germany | €759.73 Million |
|
WA1 Resources Ltd
AU:WA1
|
Australia | AU$224.99 Million |
|
Copper Fox Metals Inc.
V:CUU
|
Canada | CA$85.91 Million |
|
Austral Resources Australia Ltd
AU:AR1
|
Australia | AU$141.07 Million |
|
Alma Metals Ltd
AU:ALM
|
Australia | AU$3.57 Million |
|
Redstone Resources Ltd
AU:RDS
|
Australia | AU$10.55 Million |
|
Infinitum Copper Corp
V:INFI
|
Canada | CA$1.10 Million |
MAC Copper Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.58 | 0.84 | 0.49 |
| Quick Ratio | 0.45 | 0.69 | 0.49 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | AU$-112.93 Million | AU$-22.42 Million | AU$-155.00K |
MAC Copper Ltd - Advanced Valuation Insights
This section examines the relationship between MAC Copper Ltd'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 | 2.11 |
| Latest Market Cap to Assets Ratio | 0.77 |
| Asset Growth Rate (YoY) | 7.8% |
| Total Assets | AU$1.41 Billion |
| Market Capitalization | $1.08 Billion USD |
Valuation Analysis
Below Book Valuation: The market values MAC Copper Ltd's assets below their book value (0.77x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: MAC Copper Ltd's assets grew by 7.8% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for MAC Copper Ltd (2021–2024)
The table below shows the annual total assets of MAC Copper Ltd from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | AU$1.41 Billion ≈ $995.96 Million |
+7.82% |
| 2023-12-31 | AU$1.31 Billion ≈ $923.70 Million |
+383.16% |
| 2022-12-31 | AU$270.19 Million ≈ $191.18 Million |
+1.33% |
| 2021-12-31 | AU$266.64 Million ≈ $188.66 Million |
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About MAC Copper Ltd
MAC Copper Limited focuses on operating and acquiring metals and mining businesses in Australia. It operates the Cornish, Scottish and Australian underground copper mine in Cobar, Australia. The company was formerly known as Metals Acquisition Limited and changed its name to MAC Copper Limited in December 2024. MAC Copper Limited was incorporated in 2022 and is headquartered in Saint Helier, Jers… Read more