Mesabi Trust (MSB) - Total Assets
Based on the latest financial reports, Mesabi Trust (MSB) holds total assets worth $24.36 Million USD as of January 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. Explore how well can Mesabi Trust service its debt to assess how comfortably operating cash covers total debt obligations.
Mesabi Trust - Total Assets Trend (1986–2026)
This chart illustrates how Mesabi Trust's total assets have evolved over time, based on quarterly financial data. See MSB net assets for net asset value and shareholders' equity analysis.
Mesabi Trust - Asset Composition Analysis
Current Asset Composition (January 2026)
Mesabi Trust's total assets of $24.36 Million consist of 96.2% current assets and 3.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 95098936.9% |
| Accounts Receivable | $1.05 Million | 4.3% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $1.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1986–2026)
This chart illustrates how Mesabi Trust'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 MSB stock market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Mesabi Trust's current assets represent 96.2% of total assets in 2026, an increase from 0.0% in 1986.
- Cash Position: Cash and equivalents constituted 95098936.9% of total assets in 2026, up from 0.0% in 1986.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1986.
- Asset Diversification: The largest asset category is accounts receivable at 4.3% of total assets.
Mesabi Trust Competitors by Total Assets
Key competitors of Mesabi Trust based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Tang Eng Iron Works Co Ltd
TWO:2035
|
Taiwan | NT$17.45 Billion |
|
APL Apollo Tubes Limited
NSE:APLAPOLLO
|
India | Rs88.33 Billion |
|
Nanjing Iron & Steel Co Ltd
SHG:600282
|
China | CN¥70.14 Billion |
|
Godawari Power And Ispat limited
NSE:GPIL
|
India | Rs62.57 Billion |
|
Bengang Steel Plates Co Ltd
SHE:000761
|
China | CN¥47.31 Billion |
|
Tianjin You Fa Steel Pipe Group Stock Co Ltd
SHG:601686
|
China | CN¥26.74 Billion |
|
BCI Minerals Ltd
AU:BCI
|
Australia | AU$1.20 Billion |
|
Shengtak New Material Co Ltd
SHE:300881
|
China | CN¥3.27 Billion |
Mesabi Trust - 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 | 5.93 | 1.30 | 2.30 |
| Quick Ratio | 5.93 | 1.30 | 2.30 |
| Cash Ratio | 0.00 | 1.28 | 0.00 |
| Working Capital | $19.47 Million | $23.33 Million | $15.50 Million |
Mesabi Trust - Advanced Valuation Insights
This section examines the relationship between Mesabi Trust'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 | 15.36 |
| Latest Market Cap to Assets Ratio | 12.40 |
| Asset Growth Rate (YoY) | -76.1% |
| Total Assets | $24.36 Million |
| Market Capitalization | $302.02 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Mesabi Trust's assets at a significant premium (12.40x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Mesabi Trust's assets decreased by 76.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Mesabi Trust (1986–2026)
The table below shows the annual total assets of Mesabi Trust from 1986 to 2026.
| Year | Total Assets | Change |
|---|---|---|
| 2026-01-31 | $24.36 Million | -76.06% |
| 2025-01-31 | $101.73 Million | +281.14% |
| 2024-01-31 | $26.69 Million | +89.06% |
| 2023-01-31 | $14.12 Million | -73.81% |
| 2022-01-31 | $53.91 Million | +135.13% |
| 2021-01-31 | $22.93 Million | -3.04% |
| 2020-01-31 | $23.65 Million | -33.30% |
| 2019-01-31 | $35.45 Million | +35.72% |
| 2018-01-31 | $26.12 Million | +83.32% |
| 2017-01-31 | $14.25 Million | +45.16% |
| 2016-01-31 | $9.82 Million | -2.78% |
| 2015-01-31 | $10.10 Million | +18.05% |
| 2014-01-31 | $8.55 Million | +11.87% |
| 2013-01-31 | $7.65 Million | -31.54% |
| 2012-01-31 | $11.17 Million | +15.79% |
| 2011-01-31 | $9.65 Million | -13.88% |
| 2010-01-31 | $11.20 Million | +109.46% |
| 2009-01-31 | $5.35 Million | -37.01% |
| 2008-01-31 | $8.49 Million | +56.77% |
| 2007-01-31 | $5.41 Million | -52.21% |
| 2006-01-31 | $11.33 Million | +37.28% |
| 2005-01-31 | $8.25 Million | +53.10% |
| 2004-01-31 | $5.39 Million | +49.97% |
| 2003-01-31 | $3.59 Million | +61.99% |
| 2002-01-31 | $2.22 Million | -13.22% |
| 2001-01-31 | $2.56 Million | -19.60% |
| 2000-01-31 | $3.18 Million | +13.97% |
| 1999-01-31 | $2.79 Million | -34.91% |
| 1998-01-31 | $4.29 Million | +64.67% |
| 1997-01-31 | $2.60 Million | +13.87% |
| 1996-01-31 | $2.29 Million | +14.31% |
| 1995-01-31 | $2.00 Million | 0.00% |
| 1994-01-31 | $2.00 Million | +33.33% |
| 1993-01-31 | $1.50 Million | 0.00% |
| 1992-01-31 | $1.50 Million | -28.57% |
| 1991-01-31 | $2.10 Million | -36.36% |
| 1990-01-31 | $3.30 Million | -5.71% |
| 1989-01-31 | $3.50 Million | -2.78% |
| 1988-01-31 | $3.60 Million | -5.26% |
| 1987-01-31 | $3.80 Million | -20.83% |
| 1986-01-31 | $4.80 Million | -- |
About Mesabi Trust
Mesabi Trust, a royalty trust, engages in iron ore mining business in the United States. Mesabi Trust was incorporated in 1961 and is based in New York, New York.