Merlin, Inc. (MRLN) - Total Assets
Based on the latest financial reports, Merlin, Inc. (MRLN) holds total assets worth $87.81 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.
Merlin, Inc. - Total Assets Trend (2023–2024)
This chart illustrates how Merlin, Inc.'s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Merlin, Inc. - Asset Composition Analysis
Current Asset Composition (December 2024)
Merlin, Inc.'s total assets of $87.81 Million consist of 79.6% current assets and 20.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 75.6% |
| Accounts Receivable | $536.00K | 1.1% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2023–2024)
This chart illustrates how Merlin, 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Merlin, Inc.'s current assets represent 79.6% of total assets in 2024, a decrease from 84.4% in 2023.
- Cash Position: Cash and equivalents constituted 75.6% of total assets in 2024, down from 80.9% in 2023.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2023.
- Asset Diversification: The largest asset category is accounts receivable at 1.1% of total assets.
Merlin, Inc. Competitors by Total Assets
Key competitors of Merlin, Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shaanxi Ligeance Mineral Resources Co Ltd
SHE:000697
|
China | CN¥3.92 Billion |
|
Aecc Aero Engine Control Co Ltd
SHE:000738
|
China | CN¥16.46 Billion |
|
AVIC Aircraft Co Ltd
SHE:000768
|
China | CN¥74.11 Billion |
|
Zhejiang XiaSha Precision
SHE:001316
|
China | CN¥1.42 Billion |
|
Sichuan Haite High-tech Co Ltd
SHE:002023
|
China | CN¥6.80 Billion |
|
Aerospace CH UAV Co Ltd
SHE:002389
|
China | CN¥10.31 Billion |
|
Kuang Chi Technologies Co Ltd
SHE:002625
|
China | CN¥11.38 Billion |
|
Beijing Emerging Eastern Aviation Equipment Co Ltd Class A
SHE:002933
|
China | CN¥2.40 Billion |
Merlin, 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 | 1.52 | 1.62 | - |
| Quick Ratio | 1.52 | 1.62 | - |
| Cash Ratio | 0.00 | 0.00 | - |
| Working Capital | $26.82 Million | $14.96 Million | - |
Merlin, Inc. - Advanced Valuation Insights
This section examines the relationship between Merlin, 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 | - |
| Latest Market Cap to Assets Ratio | 13.39 |
| Asset Growth Rate (YoY) | -21.2% |
| Total Assets | $49.19 Million |
| Market Capitalization | $658.94 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Merlin, Inc.'s assets at a significant premium (13.39x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Merlin, Inc.'s assets decreased by 21.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Merlin, Inc. (2023–2024)
The table below shows the annual total assets of Merlin, Inc. from 2023 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $49.19 Million | -21.18% |
| 2023-12-31 | $62.41 Million | -- |
About Merlin, Inc.
Merlin, Inc. develops AI-powered autonomous flight software and systems for aircraft. The company provides an aircraft-agnostic, AI-powered software platform that enables autonomous flight for both legacy and next-generation airborne systems. Its main product, the Merlin Pilot, is an integrated hardware and software solution that manages navigation, communication with air traffic control, obstacl… Read more