Meren Energy Inc. (MRNFF) - Total Assets

Latest as of December 2025: $1.95 Billion USD

Based on the latest financial reports, Meren Energy Inc. (MRNFF) holds total assets worth $1.95 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. See MRNFF total equity for net asset value and shareholders' equity analysis.

Meren Energy Inc. - Total Assets Trend (2021–2025)

This chart illustrates how Meren Energy Inc.'s total assets have evolved over time, based on quarterly financial data.

Meren Energy Inc. - Asset Composition Analysis

Current Asset Composition (December 2025)

Meren Energy Inc.'s total assets of $1.95 Billion consist of 17.9% current assets and 82.1% non-current assets.

Asset Category Amount (USD) % of Total Assets
Cash & Equivalents $0.00 9.0%
Accounts Receivable $75.06 Million 3.9%
Inventory $94.03 Million 4.8%
Property, Plant & Equipment $0.00 0.0%
Intangible Assets $0.00 0.0%
Goodwill $0.00 0.0%

Asset Composition Trend (2021–2025)

This chart illustrates how Meren Energy 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 MRNFF stock market capitalisation.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Meren Energy Inc.'s current assets represent 17.9% of total assets in 2025, an increase from 6.0% in 2021.
  • Cash Position: Cash and equivalents constituted 9.0% of total assets in 2025, up from 5.9% in 2021.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
  • Asset Diversification: The largest asset category is inventory at 4.8% of total assets.

Meren Energy Inc. Competitors by Total Assets

Key competitors of Meren Energy Inc. based on total assets are shown below.

Company Country Total Assets
Santos Ltd
AU:STO
Australia AU$29.88 Billion
Ovintiv Inc
NYSE:OVV
USA $19.39 Billion
APA Corporation
NASDAQ:APA
USA $17.70 Billion
PrairieSky Royalty Ltd
TO:PSK
Canada CA$3.15 Billion
Strathcona Resources Ltd.
TO:SCR
Canada CA$11.05 Billion
Comstock Resources Inc
NYSE:CRK
USA $7.01 Billion
Tamarack Valley Energy Ltd
TO:TVE
Canada CA$3.47 Billion
Vermilion Energy Inc.
TO:VET
Canada CA$5.95 Billion

Meren Energy 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 0.95 5.25 8.99
Quick Ratio 0.69 5.25 8.99
Cash Ratio 0.00 0.00 0.00
Working Capital $-18.87 Million $62.10 Million $133.40 Million

Meren Energy Inc. - Advanced Valuation Insights

This section examines the relationship between Meren Energy 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 1.51
Latest Market Cap to Assets Ratio 0.59
Asset Growth Rate (YoY) 216.7%
Total Assets $1.95 Billion
Market Capitalization $1.14 Billion USD

Valuation Analysis

Below Book Valuation: The market values Meren Energy Inc.'s assets below their book value (0.59x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: Meren Energy Inc.'s assets grew by 216.7% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Meren Energy Inc. (2021–2025)

The table below shows the annual total assets of Meren Energy Inc. from 2021 to 2025.

Year Total Assets Change
2025-12-31 $1.95 Billion +216.70%
2024-12-31 $615.20 Million -36.33%
2023-12-31 $966.20 Million +5.28%
2022-12-31 $917.70 Million -7.45%
2021-12-31 $991.60 Million --

About Meren Energy Inc.

NASDAQ:MRNFF USA Oil & Gas E&P
Market Cap
$1.22 Billion
Market Cap Rank
#8542 Global
#2323 in USA
Share Price
$1.81
Change (1 day)
-1.09%
52-Week Range
$1.30 - $1.85
All Time High
$1.85
About

Meren Energy Inc., together with its subsidiaries, operates as an oil and gas exploration and production company in Nigeria, Namibia, South Africa, and Equatorial Guinea. The company holds interests in producing and development assets in deepwater Nigeria. It also has a portfolio of development and exploration assets in the west and south of Africa. Meren Energy Inc. was formerly known as Africa … Read more