Magyar Bancorp Inc (MGYR) - Total Assets
Based on the latest financial reports, Magyar Bancorp Inc (MGYR) holds total assets worth $1.05 Billion USD as of December 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. Explore how well can Magyar Bancorp Inc service its debt to assess how comfortably operating cash covers total debt obligations.
Magyar Bancorp Inc - Total Assets Trend (2003–2025)
This chart illustrates how Magyar Bancorp Inc's total assets have evolved over time, based on quarterly financial data. See net assets of Magyar Bancorp Inc for net asset value and shareholders' equity analysis.
Magyar Bancorp Inc - Asset Composition Analysis
Current Asset Composition (September 2025)
Magyar Bancorp Inc's total assets of $1.05 Billion consist of 2.9% current assets and 97.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.7% |
| Accounts Receivable | $5.80 Million | 0.6% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $432.00K | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2003–2025)
This chart illustrates how Magyar Bancorp Inc'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. For live market cap, price, and company overview, see MGYR company net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Magyar Bancorp Inc's current assets represent 2.9% of total assets in 2025, a decrease from 3.5% in 2003.
- Cash Position: Cash and equivalents constituted 0.7% of total assets in 2025, down from 3.1% in 2003.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2003.
- Asset Diversification: The largest asset category is accounts receivable at 0.6% of total assets.
Magyar Bancorp Inc Competitors by Total Assets
Key competitors of Magyar Bancorp Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Deutsche Bank Aktiengesellschaft
F:DBK
|
Germany | €1.48 Trillion |
|
Regions Financial Corporation
NYSE:RF
|
USA | $160.74 Billion |
|
Bank of Hangzhou Co Ltd
SHG:600926
|
China | CN¥2.44 Trillion |
|
Banco Santander Chile
SN:BSANTANDER
|
Chile | CL$69.90 Trillion |
|
Grupo Financiero Inbursa S.A.B. de C.V
MX:GFINBURO
|
Mexico | MX$860.26 Billion |
|
SpareBank 1 Sør-Norge ASA
OL:SB1NO
|
Norway | Nkr519.43 Billion |
|
Synovus Financial Corp
NYSE:SNV
|
USA | $60.49 Billion |
|
Bank of Queensland Ltd
AU:BOQ
|
Australia | AU$98.30 Billion |
Magyar Bancorp Inc - 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 | 0.07 | 0.10 | 0.10 |
| Quick Ratio | 0.07 | 0.10 | 0.09 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-798.86 Million | $-763.12 Million | $-579.66 Million |
Magyar Bancorp Inc - Advanced Valuation Insights
This section examines the relationship between Magyar Bancorp Inc'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 | 0.92 |
| Latest Market Cap to Assets Ratio | 0.11 |
| Asset Growth Rate (YoY) | 4.8% |
| Total Assets | $997.66 Million |
| Market Capitalization | $114.47 Million USD |
Valuation Analysis
Below Book Valuation: The market values Magyar Bancorp Inc's assets below their book value (0.11x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Magyar Bancorp Inc's assets grew by 4.8% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Magyar Bancorp Inc (2003–2025)
The table below shows the annual total assets of Magyar Bancorp Inc from 2003 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-09-30 | $997.66 Million | +4.81% |
| 2024-09-30 | $951.92 Million | +4.92% |
| 2023-09-30 | $907.29 Million | +13.62% |
| 2022-09-30 | $798.54 Million | +3.17% |
| 2021-09-30 | $773.99 Million | +2.65% |
| 2020-09-30 | $754.00 Million | +19.62% |
| 2019-09-30 | $630.33 Million | +1.02% |
| 2018-09-30 | $623.97 Million | +3.47% |
| 2017-09-30 | $603.04 Million | +3.19% |
| 2016-09-30 | $584.38 Million | +6.14% |
| 2015-09-30 | $550.57 Million | +3.80% |
| 2014-09-30 | $530.43 Million | -1.36% |
| 2013-09-30 | $537.73 Million | +5.68% |
| 2012-09-30 | $508.85 Million | -2.90% |
| 2011-09-30 | $524.04 Million | -2.59% |
| 2010-09-30 | $537.95 Million | -4.82% |
| 2009-09-30 | $565.21 Million | +9.90% |
| 2008-09-30 | $514.27 Million | +8.68% |
| 2007-09-30 | $473.18 Million | +8.98% |
| 2006-09-30 | $434.20 Million | +20.71% |
| 2005-09-30 | $359.70 Million | +25.30% |
| 2004-09-30 | $287.08 Million | +4.81% |
| 2003-09-30 | $273.91 Million | -- |
About Magyar Bancorp Inc
Magyar Bancorp, Inc. operates as the holding company for Magyar Bank that provides various consumer and commercial banking services to individuals, businesses, and nonprofit organizations in New Jersey, the United States. It accepts various deposit accounts, including demand, savings, NOW, money market, and retirement accounts, as well as certificates of deposit. The company provides one-to four-… Read more