NEW MILLENNIUM IRON
NEW MILLENNIUM IRON operates in Diversified Metals & Mining.
NEW MILLENNIUM IRON (36N) - Total Assets
Latest total assets as of June 2024: €59.23 Million EUR
Based on the latest financial reports, NEW MILLENNIUM IRON (36N) holds total assets worth €59.23 Million EUR 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.
NEW MILLENNIUM IRON - Total Assets Trend (2016–2022)
This chart illustrates how NEW MILLENNIUM IRON’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
NEW MILLENNIUM IRON - Asset Composition Analysis
Current Asset Composition (December 2022)
NEW MILLENNIUM IRON's total assets of €59.23 Million consist of 84.8% current assets and 15.3% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 32.7% |
| Accounts Receivable | €0.00 | 0.0% |
| Inventory | €0.00 | 0.0% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €0.00 | 0.0% |
| Goodwill | €0.00 | 0.0% |
Asset Composition Trend (2016–2022)
This chart illustrates how NEW MILLENNIUM IRON'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: NEW MILLENNIUM IRON's current assets represent 84.8% of total assets in 2022, an increase from 23.1% in 2016.
- Cash Position: Cash and equivalents constituted 32.7% of total assets in 2022, up from 3.2% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2016.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
NEW MILLENNIUM IRON Competitors by Total Assets
Key competitors of NEW MILLENNIUM IRON based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
XIWANG SPECIAL STEE (2XI.SG)
STU:2XI
|
Germany | €15.07 Billion |
|
LINDT & SPRUENGLI N - Dusseldorf Stock Exchang
DU:LSPN
|
Germany | €7.86 Billion |
|
PRICELINE.COM
BE:PCE1
|
Germany | €27.98 Billion |
|
PRICELINE GROUP (PCE1.SG)
STU:PCE1
|
Germany | €27.98 Billion |
|
MURPHY USA
BE:1MU
|
Germany | €4.40 Billion |
|
RESMED (RME.SG)
STU:RME
|
Germany | €7.22 Billion |
|
DIOS EXPLORATIONS
BE:BFM
|
Germany | €7.25 Million |
|
CHINA YUCHAI INTL (CYD.SG)
STU:CYD
|
Germany | €25.76 Billion |
NEW MILLENNIUM IRON - 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
Lower asset utilization - NEW MILLENNIUM IRON generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - NEW MILLENNIUM IRON is currently not profitable relative to its asset base.
NEW MILLENNIUM IRON - 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 | 5.44 | 0.99 | 46.12 |
| Quick Ratio | 5.44 | 0.99 | 46.12 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €32.56 Million | € -36.75K | € 14.02 Million |
NEW MILLENNIUM IRON - Advanced Valuation Insights
This section examines the relationship between NEW MILLENNIUM IRON'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 | - |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | -52.2% |
| Total Assets | €14.00 Million |
| Market Capitalization | $324.43K USD |
Valuation Analysis
Below Book Valuation: The market values NEW MILLENNIUM IRON's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: NEW MILLENNIUM IRON's assets decreased by 52.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for NEW MILLENNIUM IRON (2016–2022)
The table below shows the annual total assets of NEW MILLENNIUM IRON from 2016 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | €14.00 Million | -52.20% |
| 2021-12-31 | €29.29 Million | +72.23% |
| 2020-12-31 | €17.01 Million | -6.19% |
| 2019-12-31 | €18.13 Million | -32.40% |
| 2018-12-31 | €26.82 Million | -12.74% |
| 2017-12-31 | €30.74 Million | -56.16% |
| 2016-12-31 | €70.12 Million | -- |