Meriaura Group Oyj

HE:MERIH Finland Marine Shipping
Market Cap
$635.98 Million
€619.58 Million EUR
Market Cap Rank
#23868 Global
#87 in Finland
Share Price
€0.13
Change (1 day)
-3.07%
52-Week Range
€0.07 - €0.17
All Time High
€26.28
About

Meriaura Group Oyj, together with its subsidiaries, designs and delivers solar thermal systems in Europe and internationally. The company produces collectors, collector fields, and turnkey solar thermal systems for use in district heating, industrial process heating, green houses, and mining applications. It also provides dry and bulk cargo services; and produces recycled biofuels from bio-oils, … Read more

Meriaura Group Oyj (MERIH) - Total Assets

Latest total assets as of December 2022: €64.37 Million EUR

Based on the latest financial reports, Meriaura Group Oyj (MERIH) holds total assets worth €64.37 Million EUR as of December 2022.

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.

Meriaura Group Oyj - Total Assets Trend (2019–2022)

This chart illustrates how Meriaura Group Oyj’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Meriaura Group Oyj - Asset Composition Analysis

Current Asset Composition (December 2022)

Meriaura Group Oyj's total assets of €64.37 Million consist of 21.4% current assets and 78.6% non-current assets.

Asset Category Amount (EUR) % of Total Assets
Cash & Equivalents €0.00 5.9%
Accounts Receivable €3.30 Million 5.1%
Inventory €3.27 Million 5.1%
Property, Plant & Equipment €0.00 0.0%
Intangible Assets €1.92 Million 3.0%
Goodwill €2.17 Million 3.4%

Asset Composition Trend (2019–2022)

This chart illustrates how Meriaura Group Oyj'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: Meriaura Group Oyj's current assets represent 21.4% of total assets in 2022, a decrease from 74.5% in 2019.
  • Cash Position: Cash and equivalents constituted 5.9% of total assets in 2022, down from 29.3% in 2019.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, a decrease from 13.0% in 2019.
  • Asset Diversification: The largest asset category is accounts receivable at 5.1% of total assets.

Meriaura Group Oyj Competitors by Total Assets

Key competitors of Meriaura Group Oyj based on total assets are shown below.

Meriaura Group Oyj - 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

Historical Range: 0.13 - 0.73

Lower asset utilization - Meriaura Group Oyj generates 0.13x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -92.70% - -6.32%

Negative ROA - Meriaura Group Oyj is currently not profitable relative to its asset base.

Meriaura Group Oyj - 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 1.20 2.38 -
Quick Ratio 0.92 1.37 -
Cash Ratio 0.00 0.00 -
Working Capital €2.34 Million € 4.26 Million -

Meriaura Group Oyj - Advanced Valuation Insights

This section examines the relationship between Meriaura Group Oyj'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 11.72
Latest Market Cap to Assets Ratio 0.44
Asset Growth Rate (YoY) 687.0%
Total Assets €64.37 Million
Market Capitalization $28.35 Million USD

Valuation Analysis

Below Book Valuation: The market values Meriaura Group Oyj's assets below their book value (0.44 x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: Meriaura Group Oyj's assets grew by 687.0% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Meriaura Group Oyj (2019–2022)

The table below shows the annual total assets of Meriaura Group Oyj from 2019 to 2022.

Year Total Assets Change
2022-12-31 €64.37 Million +687.02%
2021-12-31 €8.18 Million +16.14%
2020-12-31 €7.04 Million -3.43%
2019-12-31 €7.29 Million --