Metal Energy Corp

OTCQB:MEEEF USA Other Industrial Metals & Mining
Market Cap
$597.21K
Market Cap Rank
#37496 Global
#12210 in USA
Share Price
$0.02
Change (1 day)
+0.00%
52-Week Range
$0.02 - $0.04
All Time High
$0.07
About

Metal Energy Corp. engages in the acquisition and exploration of mineral properties in Canada. It explores for lithium, nickel, copper, and cobalt deposits, as well as platinum group elements. The company holds interests in the Manibridge project that covers an area of approximately 4,368 hectares located in the Thompson Nickel Belt of Manitoba; and the Highland Valley Copper project situated in … Read more

Metal Energy Corp (MEEEF) - Total Assets

Latest total assets as of September 2025: $579.56K USD

Based on the latest financial reports, Metal Energy Corp (MEEEF) holds total assets worth $579.56K USD as of September 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.

Metal Energy Corp - Total Assets Trend (2021–2024)

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

Metal Energy Corp - Asset Composition Analysis

Current Asset Composition (December 2024)

Metal Energy Corp's total assets of $579.56K consist of 100.0% current assets and 0.0% non-current assets.

Asset Category Amount (USD) % of Total Assets
Cash & Equivalents $0.00 94.3%
Accounts Receivable $37.30K 2.7%
Inventory $0.00 0.0%
Property, Plant & Equipment $0.00 0.0%
Intangible Assets $0.00 0.0%
Goodwill $0.00 0.0%

Asset Composition Trend (2021–2024)

This chart illustrates how Metal Energy Corp'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: Metal Energy Corp's current assets represent 100.0% of total assets in 2024, unchanged from 100.0% in 2021.
  • Cash Position: Cash and equivalents constituted 94.3% of total assets in 2024, down from 99.2% 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 accounts receivable at 2.7% of total assets.

Metal Energy Corp Competitors by Total Assets

Key competitors of Metal Energy Corp based on total assets are shown below.

Metal Energy Corp - 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: 0.00 - 0.00

Lower asset utilization - Metal Energy Corp generates 0.00x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -447.45% - -42.69%

Negative ROA - Metal Energy Corp is currently not profitable relative to its asset base.

Metal Energy Corp - 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 0.61 15.21 4.33
Quick Ratio 0.61 15.21 4.33
Cash Ratio 0.00 0.00 0.00
Working Capital $-368.59K $ 783.93K $ 246.01K

Metal Energy Corp - Advanced Valuation Insights

This section examines the relationship between Metal Energy Corp'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 1.93
Latest Market Cap to Assets Ratio 0.37
Asset Growth Rate (YoY) -25.4%
Total Assets $1.38 Million
Market Capitalization $503.79K USD

Valuation Analysis

Below Book Valuation: The market values Metal Energy Corp's assets below their book value (0.37 x), which may indicate investor concerns about asset quality or future growth.

Significant Asset Reduction: Metal Energy Corp's assets decreased by 25.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.

Annual Total Assets for Metal Energy Corp (2021–2024)

The table below shows the annual total assets of Metal Energy Corp from 2021 to 2024.

Year Total Assets Change
2024-12-31 $1.38 Million -25.37%
2023-12-31 $1.84 Million -41.73%
2022-12-31 $3.16 Million -55.25%
2021-12-31 $7.07 Million --