The Macerich Company
Macerich is a fully integrated, self-managed, self-administered real estate investment trust (REIT). As a leading owner, operator, and developer of high-quality retail real estate in densely populated and attractive U.S. markets, Macerich's portfolio is concentrated in California, the Pacific Northwest, Phoenix/Scottsdale, and the Metro New York to Washington, D.C. corridor. Developing and managi… Read more
The Macerich Company (M6G) - Total Assets
Latest total assets as of September 2025: €8.42 Billion EUR
Based on the latest financial reports, The Macerich Company (M6G) holds total assets worth €8.42 Billion EUR as of September 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.
The Macerich Company - Total Assets Trend (2015–2024)
This chart illustrates how The Macerich Company’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
The Macerich Company - Asset Composition Analysis
Current Asset Composition (December 2024)
The Macerich Company's total assets of €8.42 Billion consist of 3.9% current assets and 96.1% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 1.1% |
| Accounts Receivable | €155.35 Million | 1.8% |
| Inventory | €0.00 | 0.0% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €211.48 Million | 2.5% |
| Goodwill | €0.00 | 0.0% |
Asset Composition Trend (2015–2024)
This chart illustrates how The Macerich Company'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: The Macerich Company's current assets represent 3.9% of total assets in 2024, an increase from 3.0% in 2015.
- Cash Position: Cash and equivalents constituted 1.1% of total assets in 2024, up from 0.8% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, unchanged from 2.0% in 2015.
- Asset Diversification: The largest asset category is intangible assets at 2.5% of total assets.
The Macerich Company Competitors by Total Assets
Key competitors of The Macerich Company based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Lotte Reit Co Ltd
KO:330590
|
Korea | ₩2.62 Trillion |
|
Panora Gayrimenkul Yatirim Ortakligi AS
IS:PAGYO
|
Turkey | TL15.01 Billion |
|
Qrf Comm. VA
F:2QR
|
Germany | €228.00 Million |
|
Mastern Premier REIT 1 Co. Ltd.
KO:357430
|
Korea | ₩152.85 Billion |
|
Pavilion Real Estate Inv Trust
KLSE:5212
|
Malaysia | RM9.83 Billion |
|
Hektar Real Estate Investment Trust
KLSE:5121
|
Malaysia | RM1.45 Billion |
|
Sunway Real Estate Investment Trust
KLSE:5176
|
Malaysia | RM10.66 Billion |
|
CapitaLand Malaysia Mall Trust
KLSE:5180
|
Malaysia | RM5.62 Billion |
The Macerich Company - 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 - The Macerich Company generates 0.11x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - The Macerich Company is currently not profitable relative to its asset base.
The Macerich Company - 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 | 0.74 | 0.62 | 0.29 |
| Quick Ratio | 0.74 | 0.62 | 0.29 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €-183.55 Million | € -222.84 Million | € -1.78 Billion |
The Macerich Company - Advanced Valuation Insights
This section examines the relationship between The Macerich Company'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 | 1.88 |
| Latest Market Cap to Assets Ratio | 0.48 |
| Asset Growth Rate (YoY) | 14.0% |
| Total Assets | €8.57 Billion |
| Market Capitalization | $4.09 Billion USD |
Valuation Analysis
Below Book Valuation: The market values The Macerich Company's assets below their book value (0.48 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: The Macerich Company's assets grew by 14.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for The Macerich Company (2015–2024)
The table below shows the annual total assets of The Macerich Company from 2015 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | €8.57 Billion | +14.02% |
| 2023-12-31 | €7.51 Billion | -7.17% |
| 2022-12-31 | €8.09 Billion | -3.01% |
| 2021-12-31 | €8.35 Billion | -9.13% |
| 2020-12-31 | €9.18 Billion | +3.73% |
| 2019-12-31 | €8.85 Billion | -1.92% |
| 2018-12-31 | €9.03 Billion | -6.03% |
| 2017-12-31 | €9.61 Billion | -3.54% |
| 2016-12-31 | €9.96 Billion | -11.37% |
| 2015-12-31 | €11.24 Billion | -- |