MCAN Mortgage Corporation
MCAN Mortgage Corporation operates as a loan and mortgage investment corporation in Canada. The company engages in the Canadian mortgage activities, including residential mortgage, residential construction, non-residential construction, and commercial loans, as well as portfolio of securities, loans, real estate investments and private investment activities. It also provides term deposits through… Read more
MCAN Mortgage Corporation (MAMTF) - Total Assets
Latest total assets as of September 2025: $5.91 Billion USD
Based on the latest financial reports, MCAN Mortgage Corporation (MAMTF) holds total assets worth $5.91 Billion 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.
MCAN Mortgage Corporation - Total Assets Trend (1996–2024)
This chart illustrates how MCAN Mortgage Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
MCAN Mortgage Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
MCAN Mortgage Corporation's total assets of $5.91 Billion consist of 92.7% current assets and 7.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.2% |
| Accounts Receivable | $4.90 Billion | 91.5% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $1.61 Million | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1996–2024)
This chart illustrates how MCAN Mortgage 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: MCAN Mortgage Corporation's current assets represent 92.7% of total assets in 2024, an increase from 3.8% in 1996.
- Cash Position: Cash and equivalents constituted 1.2% of total assets in 2024, up from 0.0% in 1996.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1996.
- Asset Diversification: The largest asset category is accounts receivable at 91.5% of total assets.
MCAN Mortgage Corporation Competitors by Total Assets
Key competitors of MCAN Mortgage Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
PennyMac Financial Services Inc
F:1AC
|
Germany | €25.40 Billion |
|
Aadhar Housing Finance Ltd
NSE:AADHARHFC
|
India | ₹250.83 Billion |
|
Aavas Financiers Limited
NSE:AAVAS
|
India | ₹194.41 Billion |
|
Australian Finance Group Ltd
AU:AFG
|
Australia | AU$7.92 Billion |
|
Atrium Mortgage Investment Corporation
PINK:AMIVF
|
USA | $894.42 Million |
|
Aptus Value Housing Finance India Limited
NSE:APTUS
|
India | ₹123.96 Billion |
|
AVVAA World Health Care Products Inc
PINK:AVVH
|
USA | $243.19K |
|
Bajaj Housing Finance
NSE:BAJAJHFL
|
India | ₹1.16 Trillion |
MCAN Mortgage 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
Lower asset utilization - MCAN Mortgage Corporation generates 0.06x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, MCAN Mortgage Corporation generates $ 1.45 in net profit.
MCAN Mortgage 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 | 161.27 | 184.77 | 150.10 |
| Quick Ratio | 161.27 | 178.62 | 150.10 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $4.93 Billion | $ 4.39 Billion | $ 1.92 Billion |
MCAN Mortgage Corporation - Advanced Valuation Insights
This section examines the relationship between MCAN Mortgage 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 | 1.46 |
| Latest Market Cap to Assets Ratio | 0.09 |
| Asset Growth Rate (YoY) | 12.8% |
| Total Assets | $5.35 Billion |
| Market Capitalization | $497.40 Million USD |
Valuation Analysis
Below Book Valuation: The market values MCAN Mortgage Corporation's assets below their book value (0.09 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: MCAN Mortgage Corporation's assets grew by 12.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for MCAN Mortgage Corporation (1996–2024)
The table below shows the annual total assets of MCAN Mortgage Corporation from 1996 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $5.35 Billion | +12.84% |
| 2023-12-31 | $4.74 Billion | +16.19% |
| 2022-12-31 | $4.08 Billion | +7.11% |
| 2021-12-31 | $3.81 Billion | +39.56% |
| 2020-12-31 | $2.73 Billion | +25.21% |
| 2019-12-31 | $2.18 Billion | +1.79% |
| 2018-12-31 | $2.14 Billion | -3.42% |
| 2017-12-31 | $2.22 Billion | -2.81% |
| 2016-12-31 | $2.28 Billion | +1.51% |
| 2015-12-31 | $2.25 Billion | +24.44% |
| 2014-12-31 | $1.81 Billion | -13.74% |
| 2013-12-31 | $2.09 Billion | -29.91% |
| 2012-12-31 | $2.99 Billion | -23.30% |
| 2011-12-31 | $3.89 Billion | +5.65% |
| 2010-12-31 | $3.69 Billion | +627.48% |
| 2009-12-31 | $506.68 Million | -11.13% |
| 2008-12-31 | $570.15 Million | +2.28% |
| 2007-12-31 | $557.42 Million | +11.91% |
| 2006-12-31 | $498.11 Million | +14.67% |
| 2005-12-31 | $434.37 Million | -4.40% |
| 2004-12-31 | $454.37 Million | +22.98% |
| 2003-12-31 | $369.48 Million | +13.15% |
| 2002-12-31 | $326.55 Million | +47.36% |
| 2001-12-31 | $221.60 Million | -10.08% |
| 2000-12-31 | $246.46 Million | +16.42% |
| 1999-12-31 | $211.70 Million | +5.38% |
| 1998-12-31 | $200.90 Million | +3.40% |
| 1997-12-31 | $194.30 Million | +5.83% |
| 1996-12-31 | $183.60 Million | -- |