Mincon Group plc
Mincon Group plc engages in designing, manufacturing, selling, and servicing of rock drilling tools and associated products in Ireland, the Americas, Europe, Australasia, the Middle East, and Africa. The company offers drill rigs and mast attachments for excavators and skid steers; down the hole (DTH) hammers; DTH drill bits for various rock-drilling applications; XP+ rotary drill bits; and const… Read more
Mincon Group plc (MIO) - Total Assets
Latest total assets as of June 2025: €205.22 Million EUR
Based on the latest financial reports, Mincon Group plc (MIO) holds total assets worth €205.22 Million EUR 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.
Mincon Group plc - Total Assets Trend (2010–2024)
This chart illustrates how Mincon Group plc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Mincon Group plc - Asset Composition Analysis
Current Asset Composition (December 2024)
Mincon Group plc's total assets of €205.22 Million consist of 55.4% current assets and 44.6% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 7.1% |
| Accounts Receivable | €24.48 Million | 11.6% |
| Inventory | €67.33 Million | 31.9% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €8.33 Million | 3.9% |
| Goodwill | €31.77 Million | 15.0% |
Asset Composition Trend (2010–2024)
This chart illustrates how Mincon Group plc'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: Mincon Group plc's current assets represent 55.4% of total assets in 2024, a decrease from 59.9% in 2010.
- Cash Position: Cash and equivalents constituted 7.1% of total assets in 2024, down from 13.2% in 2010.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 18.0% of total assets, an increase from 6.0% in 2010.
- Asset Diversification: The largest asset category is inventory at 31.9% of total assets.
Mincon Group plc Competitors by Total Assets
Key competitors of Mincon Group plc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Cs Holdings
KO:000590
|
Korea | ₩421.55 Billion |
|
Shandong Tengda Fasten Tech
SHE:001379
|
China | CN¥2.64 Billion |
|
Cheil Grinding
KO:001560
|
Korea | ₩120.17 Billion |
|
Bosun Tools Co Ltd
SHE:002282
|
China | CN¥4.00 Billion |
|
Ningbo Ligong Online Monitoring Technology Co Ltd
SHE:002322
|
China | CN¥3.09 Billion |
|
Tianjin Saixiang Technology Co Ltd
SHE:002337
|
China | CN¥2.06 Billion |
|
Hangzhou Great Star Industrial Co Ltd
SHE:002444
|
China | CN¥23.25 Billion |
|
Guangdong Kinlong Hardware Products Co Ltd
SHE:002791
|
China | CN¥9.46 Billion |
Mincon Group plc - 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
Moderate asset utilization - Mincon Group plc generates 0.68x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Mincon Group plc generates $ 0.84 in net profit.
Mincon Group plc - 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 | 3.11 | 3.37 | 3.61 |
| Quick Ratio | 1.29 | 1.42 | 1.59 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €78.74 Million | € 84.48 Million | € 68.98 Million |
Mincon Group plc - Advanced Valuation Insights
This section examines the relationship between Mincon Group plc'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 | 0.84 |
| Latest Market Cap to Assets Ratio | 0.31 |
| Asset Growth Rate (YoY) | -3.7% |
| Total Assets | €211.44 Million |
| Market Capitalization | $66.53 Million USD |
Valuation Analysis
Below Book Valuation: The market values Mincon Group plc's assets below their book value (0.31 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Mincon Group plc's assets decreased by 3.7% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Mincon Group plc (2010–2024)
The table below shows the annual total assets of Mincon Group plc from 2010 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | €211.44 Million | -3.67% |
| 2023-12-31 | €219.50 Million | -2.41% |
| 2022-12-31 | €224.92 Million | +7.90% |
| 2021-12-31 | €208.44 Million | +16.38% |
| 2020-12-31 | €179.10 Million | +8.08% |
| 2019-12-31 | €165.72 Million | +9.82% |
| 2018-12-31 | €150.90 Million | +15.11% |
| 2017-12-31 | €131.10 Million | +5.32% |
| 2016-12-31 | €124.47 Million | +6.00% |
| 2015-12-31 | €117.43 Million | +4.34% |
| 2014-12-31 | €112.54 Million | +18.41% |
| 2013-12-31 | €95.05 Million | +65.53% |
| 2012-12-31 | €57.42 Million | +22.96% |
| 2011-12-31 | €46.70 Million | +23.30% |
| 2010-12-31 | €37.87 Million | -- |