Merafe Total Assets
Merafe total assets. Based on the latest financial reports, Merafe (MRF) holds total assets worth ZAC6.01 Billion ZAC (≈ $3.19 Million USD) 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. Also see Merafe (MRF) market capitalisation for the company's overall valuation and market capitalisation.
Total Assets of Merafe (2001–2024)
Total assets of Merafe from 2001 to 2024. This chart illustrates how Merafe's total assets have evolved over time, based on quarterly financial data. See MRF share price today for real-time trading data and today's change.
Merafe - Asset Composition Analysis
Merafe Total Assets Breakdown (December 2024)
Merafe total assets breakdown as of December 2024. Merafe's total assets of ZAC6.01 Billion consist of 79.5% current assets and 20.5% non-current assets.
| Asset Category | Amount (ZAC) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ZAC0.00 | 29.2% |
| Accounts Receivable | ZAC1.17 Billion | 19.1% |
| Inventory | ZAC1.79 Billion | 29.2% |
| Property, Plant & Equipment | ZAC0.00 | 0.0% |
| Intangible Assets | ZAC21.19 Million | 0.3% |
| Goodwill | ZAC0.00 | 0.0% |
Asset Composition Trend (2001–2024)
This chart illustrates how Merafe'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. Explore Merafe (MRF) working capital ratio to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Merafe's current assets represent 79.5% of total assets in 2024, an increase from 12.6% in 2001.
- Cash Position: Cash and equivalents constituted 29.2% of total assets in 2024, up from 6.3% in 2001.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2001.
- Asset Diversification: The largest asset category is inventory at 29.2% of total assets.
Merafe Competitors by Total Assets
Key competitors of Merafe based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Inner Mongolia Xingye Mining Co Ltd
SHE:000426
|
China | CN¥19.69 Billion |
|
JCHX Mining Management Co Ltd
SHG:603979
|
China | CN¥19.62 Billion |
|
Chenzhou Jingui Silver Industry Co Ltd
SHE:002716
|
China | CN¥6.71 Billion |
|
Skeena Resources Ltd
TO:SKE
|
Canada | CA$1.13 Billion |
|
IGO Ltd
AU:IGO
|
Australia | AU$2.30 Billion |
|
Altius Minerals Corporation
TO:ALS
|
Canada | CA$1.47 Billion |
|
Huludao Zinc Industry Co Ltd
SHE:000751
|
China | CN¥11.04 Billion |
|
Major Drilling Group International
TO:MDI
|
Canada | CA$812.30 Million |
Merafe - 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 | 6.39 | 5.76 | 5.38 |
| Quick Ratio | 3.07 | 3.94 | 2.37 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ZAC4.02 Billion | ZAC4.34 Billion | ZAC2.39 Billion |
Merafe - Advanced Valuation Insights
This section examines the relationship between Merafe'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 | 0.57 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | -7.8% |
| Total Assets | ZAC6.14 Billion |
| Market Capitalization | $181.96 Million USD |
Valuation Analysis
Below Book Valuation: The market values Merafe's assets below their book value (0.03x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Merafe's assets decreased by 7.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Merafe (2001–2024)
The table below shows the annual total assets of Merafe from 2001 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ZAC6.14 Billion ≈ $3.26 Million |
-7.79% |
| 2023-12-31 | ZAC6.66 Billion ≈ $3.54 Million |
+17.26% |
| 2022-12-31 | ZAC5.68 Billion ≈ $3.02 Million |
+14.87% |
| 2021-12-31 | ZAC4.95 Billion ≈ $2.63 Million |
+58.85% |
| 2020-12-31 | ZAC3.11 Billion ≈ $1.65 Million |
-31.72% |
| 2019-12-31 | ZAC4.56 Billion ≈ $2.42 Million |
-30.71% |
| 2018-12-31 | ZAC6.58 Billion ≈ $3.50 Million |
+3.53% |
| 2017-12-31 | ZAC6.36 Billion ≈ $3.38 Million |
+6.59% |
| 2016-12-31 | ZAC5.96 Billion ≈ $3.17 Million |
+11.29% |
| 2015-12-31 | ZAC5.36 Billion ≈ $2.85 Million |
-0.81% |
| 2014-12-31 | ZAC5.40 Billion ≈ $2.87 Million |
+7.95% |
| 2013-12-31 | ZAC5.00 Billion ≈ $2.66 Million |
+16.58% |
| 2012-12-31 | ZAC4.29 Billion ≈ $2.28 Million |
+9.43% |
| 2011-12-31 | ZAC3.92 Billion ≈ $2.08 Million |
+2.74% |
| 2010-12-31 | ZAC3.82 Billion ≈ $2.03 Million |
+12.15% |
| 2009-12-31 | ZAC3.40 Billion ≈ $1.81 Million |
-9.33% |
| 2008-12-31 | ZAC3.75 Billion ≈ $2.00 Million |
+45.17% |
| 2007-12-31 | ZAC2.59 Billion ≈ $1.37 Million |
+22.72% |
| 2006-12-31 | ZAC2.11 Billion ≈ $1.12 Million |
+4.16% |
| 2005-12-31 | ZAC2.02 Billion ≈ $1.08 Million |
+64.82% |
| 2004-12-31 | ZAC1.23 Billion ≈ $652.42K |
+44.58% |
| 2003-12-31 | ZAC849.09 Million ≈ $451.25K |
+7.65% |
| 2002-12-31 | ZAC788.78 Million ≈ $419.20K |
+6.07% |
| 2001-12-31 | ZAC743.67 Million ≈ $395.22K |
-- |
About Merafe
Merafe Resources Limited, together with its subsidiaries, engages in the mining and beneficiation of chrome ore into ferrochrome and associated minerals. The company operates ferrochrome smelters, ferrochrome furnaces, chrome ore mines, UG2 plants, and PGM processing plants located in the Northwest, Limpopo, and Mpumalanga provinces of South Africa. It operates in South Africa, Brazil, the United… Read more