Megado Minerals Ltd (MEG) - Total Assets
Based on the latest financial reports, Megado Minerals Ltd (MEG) holds total assets worth AU$9.69 Million AUD (≈ $6.86 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 debt-free asset ratio of Megado Minerals Ltd to measure how much of total assets are equity-financed.
Megado Minerals Ltd - Total Assets Trend (2019–2024)
This chart illustrates how Megado Minerals Ltd's total assets have evolved over time, based on quarterly financial data. Check tangible net worth ratio of Megado Minerals Ltd to evaluate the tangible quality of the company's equity base.
Megado Minerals Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Megado Minerals Ltd's total assets of AU$9.69 Million consist of 56.5% current assets and 43.5% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 31.1% |
| Accounts Receivable | AU$698.36K | 10.3% |
| Inventory | AU$0.00 | 0.0% |
| Property, Plant & Equipment | AU$2.96 Million | 43.5% |
| Intangible Assets | AU$0.00 | 0.0% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Megado Minerals 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 Megado Minerals Ltd stock valuation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Megado Minerals Ltd's current assets represent 56.5% of total assets in 2024, an increase from 49.0% in 2019.
- Cash Position: Cash and equivalents constituted 31.1% of total assets in 2024, down from 43.6% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is property, plant & equipment at 43.5% of total assets.
Megado Minerals Ltd Competitors by Total Assets
Key competitors of Megado Minerals Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
SOUTH32 Ltd
AU:S32
|
Australia | AU$13.80 Billion |
|
Zhejiang Huayou Cobalt Co Ltd
SHG:603799
|
China | CN¥174.67 Billion |
|
Lynas Rare EARTHS Ltd
AU:LYC
|
Australia | AU$2.94 Billion |
|
Ivanhoe Mines Ltd.
TO:IVN
|
Canada | CA$7.38 Billion |
|
Inner Mongolia Xingye Mining Co Ltd
SHE:000426
|
China | CN¥19.69 Billion |
|
Cufe Ltd
AU:CUF
|
Australia | AU$19.23 Million |
|
Liontown Resources Ltd
AU:LTR
|
Australia | AU$1.86 Billion |
|
Skeena Resources Ltd
TO:SKE
|
Canada | CA$1.13 Billion |
Megado Minerals 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 | 36.96 | 42.64 | 14.28 |
| Quick Ratio | 36.96 | 42.60 | 14.28 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | AU$3.22 Million | AU$717.96K | AU$4.76 Million |
Megado Minerals Ltd - Advanced Valuation Insights
This section examines the relationship between Megado Minerals 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 | 2.08 |
| Latest Market Cap to Assets Ratio | 1.14 |
| Asset Growth Rate (YoY) | -24.3% |
| Total Assets | AU$6.81 Million |
| Market Capitalization | $7.77 Million USD |
Valuation Analysis
Above Book Valuation: The market values Megado Minerals Ltd's assets above their book value (1.14x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: Megado Minerals Ltd's assets decreased by 24.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Megado Minerals Ltd (2019–2024)
The table below shows the annual total assets of Megado Minerals Ltd from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | AU$6.81 Million ≈ $4.82 Million |
-24.29% |
| 2023-12-31 | AU$9.00 Million ≈ $6.37 Million |
+83.10% |
| 2022-12-31 | AU$4.92 Million ≈ $3.48 Million |
-32.96% |
| 2021-12-31 | AU$7.33 Million ≈ $5.19 Million |
-18.34% |
| 2020-12-31 | AU$8.98 Million ≈ $6.35 Million |
+1519.03% |
| 2019-12-31 | AU$554.55K ≈ $392.38K |
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About Megado Minerals Ltd
Megado Minerals Limited operates as a mineral exploration company in Australia, the United States, Canada, and Ethiopia. It primary explores for rare earth elements and lithium. Megado Minerals Limited was formerly known as Megado Gold Limited and changed its name to Megado Minerals Limited in July 2022. The company was incorporated in 2019 and is headquartered in Perth, Australia.