MEG ENERGY
MEG ENERGY operates in Diversified Metals & Mining.
MEG ENERGY (ME7) - Total Assets
Latest total assets as of September 2024: €6.69 Billion EUR
Based on the latest financial reports, MEG ENERGY (ME7) holds total assets worth €6.69 Billion EUR as of September 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.
MEG ENERGY - Total Assets Trend (2016–2023)
This chart illustrates how MEG ENERGY’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
MEG ENERGY - Asset Composition Analysis
Current Asset Composition (December 2023)
MEG ENERGY's total assets of €6.69 Billion consist of 12.5% current assets and 87.5% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 2.3% |
| Accounts Receivable | €21.00 Million | 0.3% |
| Inventory | €235.00 Million | 3.4% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €0.00 | 0.0% |
| Goodwill | €0.00 | 0.0% |
Asset Composition Trend (2016–2023)
This chart illustrates how MEG ENERGY'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: MEG ENERGY's current assets represent 12.5% of total assets in 2023, an increase from 5.2% in 2016.
- Cash Position: Cash and equivalents constituted 2.3% of total assets in 2023, up from 1.8% 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 inventory at 3.4% of total assets.
MEG ENERGY Competitors by Total Assets
Key competitors of MEG ENERGY based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
MANHATTAN ASSOC
BE:MHT
|
Germany | €698.14 Million |
|
TV BROADCAST
MU:TBCN
|
Germany | €6.25 Billion |
|
FIRST CITIZENS BC A
BE:FC6A
|
Germany | €220.57 Billion |
|
COSTCO WHSL
MU:CTO
|
Germany | €69.83 Billion |
|
GOLDMAN SACHS GROUP - Dusseldorf Stock Exchang
DU:GOS
|
Germany | €1.73 Trillion |
|
BURCKHARDT COMPRE N
MU:B5H
|
Germany | €1.07 Billion |
|
Public Service Company of New Mexico PFD 4.58%
PINK:PNMXO
|
USA | $886.19 Million |
|
2H0
F:2H0
|
Germany | €15.27 Million |
MEG ENERGY - 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 - MEG ENERGY generates 0.89x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, MEG ENERGY generates $8.25 in net profit.
MEG ENERGY - 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 | 1.55 | 1.79 | 1.22 |
| Quick Ratio | 1.01 | 1.26 | 1.05 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €287.00 Million | € 495.00 Million | € 123.00 Million |
MEG ENERGY - Advanced Valuation Insights
This section examines the relationship between MEG ENERGY'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 | 0.00 |
| Asset Growth Rate (YoY) | -1.9% |
| Total Assets | €6.90 Billion |
| Market Capitalization | $192.88K USD |
Valuation Analysis
Below Book Valuation: The market values MEG ENERGY's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: MEG ENERGY's assets decreased by 1.9% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for MEG ENERGY (2016–2023)
The table below shows the annual total assets of MEG ENERGY from 2016 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | €6.90 Billion | -1.92% |
| 2022-12-31 | €7.03 Billion | -7.38% |
| 2021-12-31 | €7.59 Billion | +5.11% |
| 2020-12-31 | €7.22 Billion | -8.16% |
| 2019-12-31 | €7.87 Billion | -6.46% |
| 2018-12-31 | €8.41 Billion | -10.19% |
| 2017-12-31 | €9.36 Billion | +4.96% |
| 2016-12-31 | €8.92 Billion | -- |