Midwest Energy Emiss

OTCQB:MEEC USA Pollution & Treatment Controls
Market Cap
$61.41 Million
Market Cap Rank
#22019 Global
#7830 in USA
Share Price
$0.64
Change (1 day)
+0.00%
52-Week Range
$0.64 - $0.64
All Time High
$1.83
About

Birchtech Corp., an environmental services and technology company, engages in developing and delivering solutions to the power industry in the United States and internationally. It provides mercury capture solutions. Its Sorbent Enhancement Additive (SEA) technology provides total mercury control with solutions that are based on a thorough scientific understanding of actual and probable interacti… Read more

Midwest Energy Emiss (MEEC) - Total Assets

Latest total assets as of September 2024: $11.65 Million USD

Based on the latest financial reports, Midwest Energy Emiss (MEEC) holds total assets worth $11.65 Million USD as of September 2024.

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.

Midwest Energy Emiss - Total Assets Trend (2011–2023)

This chart illustrates how Midwest Energy Emiss’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Midwest Energy Emiss - Asset Composition Analysis

Current Asset Composition (December 2023)

Midwest Energy Emiss's total assets of $11.65 Million consist of 87.9% current assets and 12.1% non-current assets.

Asset Category Amount (USD) % of Total Assets
Cash & Equivalents $0.00 76.2%
Accounts Receivable $2.23 Million 8.1%
Inventory $795.16K 2.9%
Property, Plant & Equipment $0.00 0.0%
Intangible Assets $1.70 Million 6.2%
Goodwill $0.00 0.0%

Asset Composition Trend (2011–2023)

This chart illustrates how Midwest Energy Emiss'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: Midwest Energy Emiss's current assets represent 87.9% of total assets in 2023, an increase from 0.0% in 2011.
  • Cash Position: Cash and equivalents constituted 76.2% of total assets in 2023, up from 4.8% in 2011.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 6.0% of total assets, an increase from 3.0% in 2011.
  • Asset Diversification: The largest asset category is accounts receivable at 8.1% of total assets.

Midwest Energy Emiss Competitors by Total Assets

Key competitors of Midwest Energy Emiss based on total assets are shown below.

Company Country Total Assets
Central Plains Environment Protection Co Ltd
SHE:000544
China CN¥42.97 Billion
Shenwu Energy Saving Co Ltd
SHE:000820
China CN¥582.54 Million
Brite Tech Bhd
KLSE:0011
Malaysia RM168.57 Million
Jinglv Envi Science & Tech Co
SHE:001230
China CN¥3.29 Billion
Kc Green Holdi
KO:009440
Korea ₩252.26 Billion
Cosmos Technology International Berhad
KLSE:0261
Malaysia RM64.35 Million
Kc Cottrell
KO:119650
Korea ₩265.66 Billion
China Ecotek Corp
TW:1535
Taiwan NT$6.96 Billion

Midwest Energy Emiss - 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

Historical Range: 0.16 - 2.31

Moderate asset utilization - Midwest Energy Emiss generates 0.65x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -194.95% - 21.49%

Excellent ROA - For every $100 in assets, Midwest Energy Emiss generates $ 21.49 in net profit.

Midwest Energy Emiss - 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 1.90 1.38 0.92
Quick Ratio 1.68 1.20 0.79
Cash Ratio 0.00 0.00 0.00
Working Capital $3.60 Million $ 1.67 Million $ -301.67K

Midwest Energy Emiss - Advanced Valuation Insights

This section examines the relationship between Midwest Energy Emiss'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 25.63
Latest Market Cap to Assets Ratio 1.54
Asset Growth Rate (YoY) 194.1%
Total Assets $27.47 Million
Market Capitalization $42.28 Million USD

Valuation Analysis

Above Book Valuation: The market values Midwest Energy Emiss's assets above their book value (1.54 x), reflecting positive investor sentiment about the company's future prospects.

Rapid Asset Growth: Midwest Energy Emiss's assets grew by 194.1% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Midwest Energy Emiss (2011–2023)

The table below shows the annual total assets of Midwest Energy Emiss from 2011 to 2023.

Year Total Assets Change
2023-12-31 $27.47 Million +194.08%
2022-12-31 $9.34 Million +14.82%
2021-12-31 $8.13 Million +10.28%
2020-12-31 $7.38 Million -20.46%
2019-12-31 $9.27 Million +15.36%
2018-12-31 $8.04 Million -33.32%
2017-12-31 $12.06 Million -24.07%
2016-12-31 $15.88 Million +117.05%
2015-12-31 $7.32 Million -57.78%
2014-12-31 $17.32 Million +800.47%
2013-12-31 $1.92 Million +67.01%
2012-12-31 $1.15 Million -44.13%
2011-12-31 $2.06 Million --