MeiraGTx Holdings PLC
MeiraGTx Holdings plc, a clinical stage genetics medicines company, focusing on developing treatments for patients with serious diseases. The company develops various therapies for ocular diseases, including inherited retinal diseases and large degenerative ocular diseases; neurodegenerative diseases; and xerostomia. It is also developing AAV-AQP1 in Phase 2 trial for radiation-induced grade 2/3 … Read more
MeiraGTx Holdings PLC (MGTX) - Total Assets
Latest total assets as of September 2025: $189.47 Million USD
Based on the latest financial reports, MeiraGTx Holdings PLC (MGTX) holds total assets worth $189.47 Million USD 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.
MeiraGTx Holdings PLC - Total Assets Trend (2016–2024)
This chart illustrates how MeiraGTx Holdings PLC’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
MeiraGTx Holdings PLC - Asset Composition Analysis
Current Asset Composition (December 2024)
MeiraGTx Holdings PLC's total assets of $189.47 Million consist of 45.8% current assets and 54.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 38.4% |
| Accounts Receivable | $10.63 Million | 3.9% |
| Inventory | $385.00K | 0.1% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $821.00K | 0.3% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2016–2024)
This chart illustrates how MeiraGTx Holdings 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: MeiraGTx Holdings PLC's current assets represent 45.8% of total assets in 2024, a decrease from 84.7% in 2016.
- Cash Position: Cash and equivalents constituted 38.4% of total assets in 2024, down from 77.5% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 3.9% of total assets.
MeiraGTx Holdings PLC Competitors by Total Assets
Key competitors of MeiraGTx Holdings PLC based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
MedPacto Inc
KQ:235980
|
Korea | ₩51.58 Billion |
|
2H0
F:2H0
|
Germany | €15.27 Million |
|
Shenzhen CAU Technology Co Ltd
SHE:000004
|
China | CN¥260.55 Million |
|
Pacific Shuanglin Bio pharmacy Co Ltd
SHE:000403
|
China | CN¥9.58 Billion |
|
Nanhua Bio Medicine Co Ltd
SHE:000504
|
China | CN¥841.96 Million |
|
Jiangsu Sihuan Bioengineering Co Ltd
SHE:000518
|
China | CN¥509.14 Million |
|
Chengzhi Shareholding Co Ltd
SHE:000990
|
China | CN¥27.52 Billion |
|
Hualan Biological EngineeringInc
SHE:002007
|
China | CN¥16.27 Billion |
MeiraGTx Holdings 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
Lower asset utilization - MeiraGTx Holdings PLC generates 0.12x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - MeiraGTx Holdings PLC is currently not profitable relative to its asset base.
MeiraGTx Holdings 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 | 0.22 | 2.34 | 5.03 |
| Quick Ratio | 0.22 | 2.34 | 4.90 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-118.75 Million | $ 79.63 Million | $ 218.43 Million |
MeiraGTx Holdings PLC - Advanced Valuation Insights
This section examines the relationship between MeiraGTx Holdings 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 | 225.31 |
| Latest Market Cap to Assets Ratio | 1.17 |
| Asset Growth Rate (YoY) | -17.4% |
| Total Assets | $269.75 Million |
| Market Capitalization | $315.89 Million USD |
Valuation Analysis
Above Book Valuation: The market values MeiraGTx Holdings PLC's assets above their book value (1.17 x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: MeiraGTx Holdings PLC's assets decreased by 17.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for MeiraGTx Holdings PLC (2016–2024)
The table below shows the annual total assets of MeiraGTx Holdings PLC from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $269.75 Million | -17.44% |
| 2023-12-31 | $326.74 Million | +2.67% |
| 2022-12-31 | $318.24 Million | -0.60% |
| 2021-12-31 | $320.16 Million | -11.97% |
| 2020-12-31 | $363.70 Million | +12.29% |
| 2019-12-31 | $323.89 Million | +234.27% |
| 2018-12-31 | $96.89 Million | +274.77% |
| 2017-12-31 | $25.85 Million | +14.65% |
| 2016-12-31 | $22.55 Million | -- |