Marine Products Corporation
Marine Products Corporation designs, manufactures, and sells recreational fiberglass powerboats for the sport boat and sport fishing boat markets in the United States. The company offers Chaparral sterndrive pleasure boats, including SSi Sport Boats, SSX Sport Boats, and the Surf Series; Chaparral outboard pleasure boats, which include OSX Sportboats; and Robalo outboard sport fishing boats. It a… Read more
Marine Products Corporation (MPX) - Total Assets
Latest total assets as of December 2025: $147.23 Million USD
Based on the latest financial reports, Marine Products Corporation (MPX) holds total assets worth $147.23 Million 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.
Marine Products Corporation - Total Assets Trend (1998–2025)
This chart illustrates how Marine Products Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Marine Products Corporation - Asset Composition Analysis
Current Asset Composition (December 2025)
Marine Products Corporation's total assets of $147.23 Million consist of 75.1% current assets and 24.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 29.6% |
| Accounts Receivable | $9.07 Million | 6.2% |
| Inventory | $54.69 Million | 37.2% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $465.00K | 0.3% |
| Goodwill | $3.31 Million | 2.3% |
Asset Composition Trend (1998–2025)
This chart illustrates how Marine Products Corporation'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: Marine Products Corporation's current assets represent 75.1% of total assets in 2025, an increase from 13.8% in 1998.
- Cash Position: Cash and equivalents constituted 29.6% of total assets in 2025, up from 0.0% in 1998.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 0.0% in 1998.
- Asset Diversification: The largest asset category is inventory at 37.2% of total assets.
Marine Products Corporation Competitors by Total Assets
Key competitors of Marine Products Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
KR Motors Co. Ltd.
KO:000040
|
Korea | ₩96.16 Billion |
|
MasterCraft Boat Holdings Inc
F:1SG
|
Germany | €259.31 Million |
|
SA Catana Group
PA:CATG
|
France | €225.89 Million |
|
Zhejiang CFMoto Power Co Ltd
SHG:603129
|
China | CN¥18.17 Billion |
|
Jiangsu Xinri E-Vehicle Co Ltd
SHG:603787
|
China | CN¥4.02 Billion |
|
Alexander Marine Co Ltd
TW:8478
|
Taiwan | NT$15.41 Billion |
|
Her Chee Industrial Co Ltd
TWO:8937
|
Taiwan | NT$4.60 Billion |
|
Vietnam Manufacturing and Export Processing (Holdings) Limited
TW:9110
|
Taiwan | NT$106.59 Million |
Marine Products Corporation - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Marine Products Corporation generates 1.66x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Marine Products Corporation generates $7.73 in net profit.
Marine Products Corporation - 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 | 5.37 | 5.81 | 3.33 |
| Quick Ratio | 2.71 | 3.17 | 1.66 |
| Cash Ratio | 0.00 | 2.77 | 0.00 |
| Working Capital | $89.97 Million | $ 91.07 Million | $ 63.95 Million |
Marine Products Corporation - Advanced Valuation Insights
This section examines the relationship between Marine Products Corporation'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 | 2.19 |
| Latest Market Cap to Assets Ratio | 0.49 |
| Asset Growth Rate (YoY) | -14.0% |
| Total Assets | $147.23 Million |
| Market Capitalization | $72.88 Million USD |
Valuation Analysis
Below Book Valuation: The market values Marine Products Corporation's assets below their book value (0.49 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Marine Products Corporation's assets decreased by 14.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Marine Products Corporation (1998–2025)
The table below shows the annual total assets of Marine Products Corporation from 1998 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $147.23 Million | -14.02% |
| 2024-12-31 | $171.25 Million | -11.64% |
| 2023-12-31 | $193.80 Million | +18.38% |
| 2022-12-31 | $163.72 Million | +23.24% |
| 2021-12-31 | $132.84 Million | +11.24% |
| 2020-12-31 | $119.42 Million | +13.99% |
| 2019-12-31 | $104.76 Million | +3.85% |
| 2018-12-31 | $100.88 Million | +5.19% |
| 2017-12-31 | $95.90 Million | +8.33% |
| 2016-12-31 | $88.53 Million | -20.01% |
| 2015-12-31 | $110.68 Million | +6.60% |
| 2014-12-31 | $103.82 Million | +1.56% |
| 2013-12-31 | $102.23 Million | +5.05% |
| 2012-12-31 | $97.31 Million | -12.20% |
| 2011-12-31 | $110.84 Million | +7.81% |
| 2010-12-31 | $102.81 Million | +4.64% |
| 2009-12-31 | $98.25 Million | -10.92% |
| 2008-12-31 | $110.29 Million | -7.10% |
| 2007-12-31 | $118.73 Million | -4.39% |
| 2006-12-31 | $124.18 Million | +14.13% |
| 2005-12-31 | $108.81 Million | -0.85% |
| 2004-12-31 | $109.73 Million | +27.13% |
| 2003-12-31 | $86.31 Million | +21.46% |
| 2002-12-31 | $71.06 Million | +25.75% |
| 2001-12-31 | $56.51 Million | -45.37% |
| 2000-12-31 | $103.45 Million | +17.33% |
| 1999-12-31 | $88.17 Million | +13.64% |
| 1998-12-31 | $77.58 Million | -- |