Micromem Technologies Inc
Micromem Technologies Inc. designs, develops, and provides customized sensor applications based on its proprietary technology in Canada and internationally. Its products are used in various applications in oil and structural integrity sensor, nanoparticle detection, and energy storage solutions. The company is headquartered in Toronto, Canada.
Micromem Technologies Inc (MMTIF) - Total Assets
Latest total assets as of July 2025: $377.36K USD
Based on the latest financial reports, Micromem Technologies Inc (MMTIF) holds total assets worth $377.36K USD as of July 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.
Micromem Technologies Inc - Total Assets Trend (2001–2024)
This chart illustrates how Micromem Technologies Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Micromem Technologies Inc - Asset Composition Analysis
Current Asset Composition (October 2024)
Micromem Technologies Inc's total assets of $377.36K consist of 94.6% current assets and 5.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 44.5% |
| Accounts Receivable | $0.00 | 0.0% |
| 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 (2001–2024)
This chart illustrates how Micromem Technologies 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Micromem Technologies Inc's current assets represent 94.6% of total assets in 2024, an increase from 0.0% in 2001.
- Cash Position: Cash and equivalents constituted 44.5% of total assets in 2024, up from 24.6% in 2001.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 71.0% in 2001.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Micromem Technologies Inc Competitors by Total Assets
Key competitors of Micromem Technologies Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
SK Hynix Inc
KO:000660
|
Korea | ₩148.44 Trillion |
|
UniTTEC Co Ltd
SHE:000925
|
China | CN¥9.25 Billion |
|
DB HiTek Co Ltd
KO:000990
|
Korea | ₩2.86 Trillion |
|
Zhejiang Chengchang Technology Co. Ltd.
SHE:001270
|
China | CN¥1.53 Billion |
|
Shenzhen Techwinsemi Technology Co. Ltd.
SHE:001309
|
China | CN¥10.85 Billion |
|
Unigroup Guoxin Microelectronics Co Ltd
SHE:002049
|
China | CN¥18.25 Billion |
|
Sinosteel Anhui Tianyuan Technology Co Ltd
SHE:002057
|
China | CN¥5.32 Billion |
|
Suzhou Good-Ark Electronics Co Ltd
SHE:002079
|
China | CN¥3.86 Billion |
Micromem Technologies Inc - 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
Lower asset utilization - Micromem Technologies Inc generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Micromem Technologies Inc is currently not profitable relative to its asset base.
Micromem Technologies 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 | 0.05 | 0.04 | 0.05 |
| Quick Ratio | 0.05 | 0.04 | 0.05 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-6.21 Million | $ -4.53 Million | $ -4.20 Million |
Micromem Technologies Inc - Advanced Valuation Insights
This section examines the relationship between Micromem Technologies 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 | 257.73 |
| Latest Market Cap to Assets Ratio | 69.78 |
| Asset Growth Rate (YoY) | 67.9% |
| Total Assets | $282.71K |
| Market Capitalization | $19.73 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Micromem Technologies Inc's assets at a significant premium ( 69.78x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Micromem Technologies Inc's assets grew by 67.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Micromem Technologies Inc (2001–2024)
The table below shows the annual total assets of Micromem Technologies Inc from 2001 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-10-31 | $282.71K | +67.93% |
| 2023-10-31 | $168.35K | +69.16% |
| 2022-10-31 | $99.52K | -55.83% |
| 2021-10-31 | $225.29K | -18.97% |
| 2020-10-31 | $278.03K | +233.03% |
| 2019-10-31 | $83.48K | -88.25% |
| 2018-10-31 | $710.74K | -22.46% |
| 2017-10-31 | $916.64K | +24.54% |
| 2016-10-31 | $736.04K | -79.93% |
| 2015-10-31 | $3.67 Million | -34.93% |
| 2014-10-31 | $5.64 Million | +160.25% |
| 2013-10-31 | $2.17 Million | +83.56% |
| 2012-10-31 | $1.18 Million | +30.24% |
| 2011-10-31 | $906.00K | +59.51% |
| 2010-10-31 | $568.00K | -77.83% |
| 2009-10-31 | $2.56 Million | +306.67% |
| 2008-10-31 | $630.00K | +91.49% |
| 2007-10-31 | $329.00K | -29.25% |
| 2006-10-31 | $465.00K | -36.13% |
| 2005-10-31 | $728.00K | +53.59% |
| 2004-10-31 | $474.00K | +35.43% |
| 2003-10-31 | $350.00K | -77.89% |
| 2002-10-31 | $1.58 Million | -89.05% |
| 2001-10-31 | $14.45 Million | -- |