Merlin Properties SOCIMI SA (MRL) - Total Assets
Based on the latest financial reports, Merlin Properties SOCIMI SA (MRL) holds total assets worth €13.96 Billion EUR 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.
Merlin Properties SOCIMI SA - Total Assets Trend (2014–2024)
This chart illustrates how Merlin Properties SOCIMI SA's total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Merlin Properties SOCIMI SA - Asset Composition Analysis
Current Asset Composition (December 2024)
Merlin Properties SOCIMI SA's total assets of €13.96 Billion consist of 12.6% current assets and 87.4% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 11.5% |
| Accounts Receivable | €60.34 Million | 0.5% |
| Inventory | €54.01 Million | 0.4% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €1.02 Million | 0.0% |
| Goodwill | €0.00 | 0.0% |
Asset Composition Trend (2014–2024)
This chart illustrates how Merlin Properties SOCIMI SA'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: Merlin Properties SOCIMI SA's current assets represent 12.6% of total assets in 2024, an increase from 6.4% in 2014.
- Cash Position: Cash and equivalents constituted 11.5% of total assets in 2024, up from 1.1% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2014.
- Asset Diversification: The largest asset category is accounts receivable at 0.5% of total assets.
Merlin Properties SOCIMI SA Competitors by Total Assets
Key competitors of Merlin Properties SOCIMI SA based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
BRIQ PPTS REAL ESTATE
F:BRW
|
Germany | €296.05 Million |
|
Igis Value Plus Reit Co Ltd
KO:334890
|
Korea | ₩573.89 Billion |
|
KB Star REIT Co. Ltd.
KO:432320
|
Korea | ₩1.08 Trillion |
|
Tower Real Estate Investment Trust
KLSE:5111
|
Malaysia | RM846.72 Million |
|
Sentral REIT
KLSE:5123
|
Malaysia | RM2.68 Billion |
|
CLS HLDGS PLC LS-025
F:838
|
Germany | €1.77 Billion |
|
Acanthe Développement
PA:ACAN
|
France | €133.12 Million |
|
Australian Unity Office Fund
AU:AOF
|
Australia | AU$70.61 Million |
Merlin Properties SOCIMI SA - 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 | 5.52 | 2.23 | 2.32 |
| Quick Ratio | 5.52 | 2.23 | 2.13 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €1.26 Billion | €1.01 Billion | €236.59 Million |
Merlin Properties SOCIMI SA - Advanced Valuation Insights
This section examines the relationship between Merlin Properties SOCIMI SA'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 | 0.94 |
| Latest Market Cap to Assets Ratio | 0.56 |
| Asset Growth Rate (YoY) | 11.6% |
| Total Assets | €13.46 Billion |
| Market Capitalization | $7.48 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Merlin Properties SOCIMI SA's assets below their book value (0.56x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Merlin Properties SOCIMI SA's assets grew by 11.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Merlin Properties SOCIMI SA (2014–2024)
The table below shows the annual total assets of Merlin Properties SOCIMI SA from 2014 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | €13.46 Billion | +11.55% |
| 2023-12-31 | €12.07 Billion | +0.12% |
| 2022-12-31 | €12.05 Billion | -15.56% |
| 2021-12-31 | €14.27 Billion | +5.90% |
| 2020-12-31 | €13.48 Billion | +1.29% |
| 2019-12-31 | €13.31 Billion | +5.83% |
| 2018-12-31 | €12.57 Billion | +4.73% |
| 2017-12-31 | €12.01 Billion | +9.95% |
| 2016-12-31 | €10.92 Billion | +57.86% |
| 2015-12-31 | €6.92 Billion | +186.18% |
| 2014-12-31 | €2.42 Billion | -- |
About Merlin Properties SOCIMI SA
MERLIN Properties SOCIMI, S.A. (MC:MRL) is the largest real estate and infrastructure company trading on the Spanish Stock Exchange. Specialized in the development, acquisition and management of commercial property in the lberian region. MERLIN Properties mainly invests in offices, shopping centers, logistics facilities and data centers, within the Core and Core Plus segments, forming part of the… Read more