Mistras Group Inc (MG) - Total Assets
Based on the latest financial reports, Mistras Group Inc (MG) holds total assets worth $572.67 Million USD as of March 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. See MG net assets for net asset value and shareholders' equity analysis.
Mistras Group Inc - Total Assets Trend (2007–2025)
This chart illustrates how Mistras Group Inc's total assets have evolved over time, based on quarterly financial data.
Mistras Group Inc - Asset Composition Analysis
Current Asset Composition (December 2025)
Mistras Group Inc's total assets of $572.67 Million consist of 31.6% current assets and 68.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $28.01 Million | 4.8% |
| Accounts Receivable | $154.67 Million | 26.7% |
| Inventory | $14.00 Million | 2.4% |
| Property, Plant & Equipment | $93.16 Million | 16.1% |
| Intangible Assets | $38.41 Million | 6.6% |
| Goodwill | $184.83 Million | 31.9% |
Asset Composition Trend (2007–2025)
This chart illustrates how Mistras Group 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 MG market cap.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Mistras Group Inc's current assets represent 31.6% of total assets in 2025, a decrease from 41.2% in 2007.
- Cash Position: Cash and equivalents constituted 4.8% of total assets in 2025, up from 3.0% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 37.0% of total assets, an increase from 32.0% in 2007.
- Asset Diversification: The largest asset category is goodwill at 31.9% of total assets.
Mistras Group Inc Competitors by Total Assets
Key competitors of Mistras Group Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen MinDe Electronics Technology Ltd
SHE:300656
|
China | CN¥2.37 Billion |
|
Sinosun Tech
SHE:300333
|
China | CN¥584.27 Million |
|
MCS Services Ltd
AU:MSG
|
Australia | AU$4.30 Million |
|
Intelligent Monitoring Group Ltd
AU:IMB
|
Australia | AU$207.13 Million |
|
AVA Risk Group Ltd
AU:AVA
|
Australia | AU$29.60 Million |
|
TZ Ltd
AU:TZL
|
Australia | AU$11.60 Million |
|
DTI Group Ltd
AU:DTI
|
Australia | AU$10.30 Million |
|
Spectur Ltd
AU:SP3
|
Australia | AU$6.37 Million |
Mistras Group 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 | 1.81 | 1.50 | 1.34 |
| Quick Ratio | 1.67 | 1.38 | 1.24 |
| Cash Ratio | 0.00 | 0.16 | 0.16 |
| Working Capital | $94.06 Million | $58.42 Million | $43.11 Million |
Mistras Group Inc - Advanced Valuation Insights
This section examines the relationship between Mistras Group 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 | 2.41 |
| Latest Market Cap to Assets Ratio | 0.98 |
| Asset Growth Rate (YoY) | 10.7% |
| Total Assets | $578.78 Million |
| Market Capitalization | $565.38 Million USD |
Valuation Analysis
Near Book Valuation: The market values Mistras Group Inc's assets close to their book value (0.98x), suggesting investors view the company's assets at approximately fair value.
Rapid Asset Growth: Mistras Group Inc's assets grew by 10.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Mistras Group Inc (2007–2025)
The table below shows the annual total assets of Mistras Group Inc from 2007 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $578.78 Million | +10.66% |
| 2024-12-31 | $523.04 Million | -2.19% |
| 2023-12-31 | $534.78 Million | -0.02% |
| 2022-12-31 | $534.90 Million | -4.85% |
| 2021-12-31 | $562.20 Million | -3.62% |
| 2020-12-31 | $583.31 Million | -18.97% |
| 2019-12-31 | $719.88 Million | +3.72% |
| 2018-12-31 | $694.04 Million | +25.18% |
| 2017-12-31 | $554.44 Million | +14.87% |
| 2016-12-31 | $482.68 Million | +2.32% |
| 2015-12-31 | $471.73 Million | +6.25% |
| 2014-12-31 | $443.97 Million | +17.87% |
| 2013-12-31 | $376.66 Million | +14.20% |
| 2012-12-31 | $329.82 Million | +32.65% |
| 2011-12-31 | $248.64 Million | +31.81% |
| 2010-12-31 | $188.63 Million | 0.00% |
| 2009-12-31 | $188.63 Million | +24.70% |
| 2008-12-31 | $151.27 Million | +26.25% |
| 2007-12-31 | $119.82 Million | -- |
About Mistras Group Inc
Mistras Group, Inc. provides technology-enabled industrial asset integrity and laboratory testing solutions in the United States, Europe, the Middle East, Africa, Asia, and South America. The company offers non-destructive testing (NDT) services; pipeline inspections; Plant Condition Management Software; maintenance planning; and specialized engineering solutions. It also provides maintenance and… Read more