Merlin, Inc. (MRLN) - Total Assets
Based on the latest financial reports, Merlin, Inc. (MRLN) holds total assets worth $206.98 Million USD as of June 2026. 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. Also see Merlin, Inc. (MRLN) cash conversion ratio for how efficiently the company converts equity into cash flow.
Merlin, Inc. - Total Assets Trend (2023–2025)
This chart illustrates how Merlin, Inc.'s total assets have evolved over time, based on quarterly financial data. See Merlin, Inc. (MRLN) stock price for real-time trading data and today's change.
Merlin, Inc. - Asset Composition Analysis
Current Asset Composition (December 2025)
Merlin, Inc.'s total assets of $206.98 Million consist of 0.4% current assets and 99.7% non-current assets. Explore Merlin, Inc. current assets vs equity to assess how much short-term liquidity the company maintains relative to its equity base.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.3% |
| Accounts Receivable | $0.00 | 0.0% |
| 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 (2023–2025)
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 0.4% of total assets in 2025, a decrease from 84.4% in 2023.
- Cash Position: Cash and equivalents constituted 0.3% of total assets in 2025, 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 goodwill at 0.0% 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 |
|---|---|---|
|
Avic Shenyang Aircraft Co Ltd
SHG:600760
|
China | CN¥73.17 Billion |
|
Embraer S.A.
SA:EMBR3
|
Brazil | R$12.07 Billion |
|
Shaanxi Huaqin Technology Industry Co. Ltd. A
SHG:688281
|
China | CN¥6.52 Billion |
|
AECC Aero Science and Technology Co Ltd
SHG:600391
|
China | CN¥8.00 Billion |
|
Sichuan Haite High-tech Co Ltd
SHE:002023
|
China | CN¥5.63 Billion |
|
China CSSC Holdings Ltd
SHG:600150
|
China | CN¥418.46 Billion |
|
Electro Optic Systems Holdings Ltd
AU:EOS
|
Australia | AU$374.74 Million |
|
Austal Ltd
AU:ASB
|
Australia | AU$3.01 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 | 14.67 | 1.62 | 1.62 |
| Quick Ratio | 14.67 | 1.62 | 1.62 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $177.99 Million | $761.40K | $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 | 0.48 |
| Asset Growth Rate (YoY) | 434.9% |
| Total Assets | $263.15 Million |
| Market Capitalization | $126.33 Million USD |
Valuation Analysis
Below Book Valuation: The market values Merlin, Inc.'s assets below their book value (0.48x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Merlin, Inc.'s assets grew by 434.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Merlin, Inc. (2023–2025)
The table below shows the annual total assets of Merlin, Inc. from 2023 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $263.15 Million | +434.92% |
| 2024-12-31 | $49.19 Million | -21.18% |
| 2023-12-31 | $62.41 Million | -- |
About Merlin, Inc.
Merlin, Inc., an aerospace and defense technology company, develops AI-powered autonomous flight software and systems for aircraft in the United States and New Zealand. 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 softwar… Read more