Mycronic AB
Mycronic AB (publ) develops, manufactures, and sells production equipment for electronics industry in Sweden, rest of Europe, the United States, other Americas, China, South Korea, rest of Asia, and internationally. It operates through four segments: Pattern Generators, High Flex, High Volume, and Global Technologies. The Pattern Generators segment develops, manufactures, and markets mask writers… Read more
Mycronic AB (0MQG) - Total Assets
Latest total assets as of September 2021: Skr6.12 Billion SEK
Based on the latest financial reports, Mycronic AB (0MQG) holds total assets worth Skr6.12 Billion SEK as of September 2021.
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.
Mycronic AB - Total Assets Trend (2016–2020)
This chart illustrates how Mycronic AB’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Mycronic AB - Asset Composition Analysis
Current Asset Composition (December 2020)
Mycronic AB's total assets of Skr6.12 Billion consist of 64.5% current assets and 35.5% non-current assets.
| Asset Category | Amount (SEK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Skr0.00 | 24.5% |
| Accounts Receivable | Skr828.00 Million | 15.6% |
| Inventory | Skr1.18 Billion | 22.2% |
| Property, Plant & Equipment | Skr466.00 Million | 8.8% |
| Intangible Assets | Skr290.00 Million | 5.5% |
| Goodwill | Skr963.00 Million | 18.1% |
Asset Composition Trend (2016–2020)
This chart illustrates how Mycronic AB'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: Mycronic AB's current assets represent 64.5% of total assets in 2020, an increase from 55.6% in 2016.
- Cash Position: Cash and equivalents constituted 24.5% of total assets in 2020, up from 7.6% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 23.0% of total assets, a decrease from 39.0% in 2016.
- Asset Diversification: The largest asset category is inventory at 22.2% of total assets.
Mycronic AB Competitors by Total Assets
Key competitors of Mycronic AB based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
| No similar companies found. | ||
Mycronic AB - 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
Strong asset utilization - Mycronic AB generates 0.73x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Mycronic AB generates $ 13.03 in net profit.
Mycronic AB - 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 | 1.88 | 1.93 | 2.31 |
| Quick Ratio | 1.19 | 1.12 | 1.44 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Skr2.21 Billion | Skr 1.82 Billion | Skr 1.86 Billion |
Mycronic AB - Advanced Valuation Insights
This section examines the relationship between Mycronic AB'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 | - |
| Latest Market Cap to Assets Ratio | 0.31 |
| Asset Growth Rate (YoY) | 10.8% |
| Total Assets | Skr5.32 Billion |
| Market Capitalization | $1.63 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Mycronic AB's assets below their book value (0.31 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Mycronic AB's assets grew by 10.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Mycronic AB (2016–2020)
The table below shows the annual total assets of Mycronic AB from 2016 to 2020.
| Year | Total Assets | Change |
|---|---|---|
| 2020-12-31 | Skr5.32 Billion | +10.81% |
| 2019-12-31 | Skr4.80 Billion | +14.30% |
| 2018-12-31 | Skr4.20 Billion | +29.43% |
| 2017-12-31 | Skr3.24 Billion | +17.75% |
| 2016-12-31 | Skr2.76 Billion | -- |