PT Merdeka Battery Materials

JK:MBMA Indonesia Other Precious Metals & Mining
Market Cap
$4.81 Billion
Rp78.30 Trillion IDR
Market Cap Rank
#9623 Global
#51 in Indonesia
Share Price
Rp725.00
Change (1 day)
-2.03%
52-Week Range
Rp242.00 - Rp905.00
All Time High
Rp930.00
About

PT Merdeka Battery Materials Tbk. engages in the mining and processing of nickel, cobalt, and other mineral deposits in Indonesia. The company manufactures non-ferrous basic metal; and collects hazardous waste. It also engages in the battery components manufacturing; limestone industry and quarrying; generation, transmission, distribution, and sale of electricity; electric power plant operation; … Read more

PT Merdeka Battery Materials (MBMA) - Total Assets

Latest total assets as of September 2025: Rp3.60 Billion IDR

Based on the latest financial reports, PT Merdeka Battery Materials (MBMA) holds total assets worth Rp3.60 Billion IDR 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.

PT Merdeka Battery Materials - Total Assets Trend (2020–2024)

This chart illustrates how PT Merdeka Battery Materials’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

PT Merdeka Battery Materials - Asset Composition Analysis

Current Asset Composition (December 2024)

PT Merdeka Battery Materials's total assets of Rp3.60 Billion consist of 23.4% current assets and 76.6% non-current assets.

Asset Category Amount (IDR) % of Total Assets
Cash & Equivalents Rp0.00 7.1%
Accounts Receivable Rp179.10 Million 5.2%
Inventory Rp275.17 Million 8.0%
Property, Plant & Equipment Rp2.09 Billion 60.8%
Intangible Assets Rp1.06 Million 0.0%
Goodwill Rp358.69 Million 10.4%

Asset Composition Trend (2020–2024)

This chart illustrates how PT Merdeka Battery Materials'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: PT Merdeka Battery Materials's current assets represent 23.4% of total assets in 2024, an increase from 0.0% in 2020.
  • Cash Position: Cash and equivalents constituted 7.1% of total assets in 2024, up from 0.0% in 2020.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 10.0% of total assets, an increase from 0.0% in 2020.
  • Asset Diversification: The largest asset category is property, plant & equipment at 60.8% of total assets.

PT Merdeka Battery Materials Competitors by Total Assets

Key competitors of PT Merdeka Battery Materials based on total assets are shown below.

Company Country Total Assets
Artemis Gold Inc
PINK:ARGTF
USA $1.87 Billion
American Sierra Gold Corp
PINK:AMNP
USA $9.30 Million
Zhongrun Resources Investment
SHE:000506
China CN¥1.43 Billion
Yintai Resources Co Ltd
SHE:000975
China CN¥20.29 Billion
1AH
F:1AH
Germany €55.15 Million
1ZX0
F:1ZX0
Germany €1.11 Million
Copper Giant Resources Corp.
F:29H0
Germany €6.21 Million
29METALS Ltd
AU:29M
Australia AU$1.04 Billion

PT Merdeka Battery Materials - 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: 0.00 - 0.54

Moderate asset utilization - PT Merdeka Battery Materials generates 0.54x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -0.19% - 9.50%

Moderate ROA - For every $100 in assets, PT Merdeka Battery Materials generates $ 0.66 in net profit.

PT Merdeka Battery Materials - 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 1.44 2.19 2.11
Quick Ratio 1.05 1.60 1.61
Cash Ratio 0.00 0.00 0.00
Working Capital Rp243.84 Million Rp 432.77 Million Rp 147.54 Million

PT Merdeka Battery Materials - Advanced Valuation Insights

This section examines the relationship between PT Merdeka Battery Materials'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 2.57
Latest Market Cap to Assets Ratio 0.17
Asset Growth Rate (YoY) 5.3%
Total Assets Rp3.44 Billion
Market Capitalization $570.05 Million USD

Valuation Analysis

Below Book Valuation: The market values PT Merdeka Battery Materials's assets below their book value (0.17 x), which may indicate investor concerns about asset quality or future growth.

Positive Asset Growth: PT Merdeka Battery Materials's assets grew by 5.3% over the past year, showing continued investment in the company's operational capacity.

Annual Total Assets for PT Merdeka Battery Materials (2020–2024)

The table below shows the annual total assets of PT Merdeka Battery Materials from 2020 to 2024.

Year Total Assets Change
2024-12-31 Rp3.44 Billion +5.28%
2023-12-31 Rp3.26 Billion +34.75%
2022-12-31 Rp2.42 Billion +1431255.88%
2021-12-31 Rp169.18K -98.44%
2020-12-31 Rp10.86 Million --