Mestek Inc
Mestek, Inc., together with its subsidiaries, manufactures and sells heating, ventilating, and air conditioning products and equipment; and metal forming equipment in the United States and internationally. The company offers equipment for heating, ventilation, and air conditioning primarily under the Lockformer, lowaPrecision, Engel, and Lion brands; roll forming and flexible fabrication equipmen… Read more
Mestek Inc (MCCK) - Total Assets
Latest total assets as of June 2025: $605.17 Million USD
Based on the latest financial reports, Mestek Inc (MCCK) holds total assets worth $605.17 Million USD as of June 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.
Mestek Inc - Total Assets Trend (1985–2024)
This chart illustrates how Mestek Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Mestek Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Mestek Inc's total assets of $605.17 Million consist of 73.7% current assets and 26.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 5.4% |
| Accounts Receivable | $61.43 Million | 11.5% |
| Inventory | $91.27 Million | 17.1% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $3.89 Million | 0.7% |
| Goodwill | $42.97 Million | 8.0% |
Asset Composition Trend (1985–2024)
This chart illustrates how Mestek 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: Mestek Inc's current assets represent 73.7% of total assets in 2024, a decrease from 76.7% in 1985.
- Cash Position: Cash and equivalents constituted 5.4% of total assets in 2024, down from 14.2% in 1985.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 8.0% of total assets, an increase from 0.0% in 1985.
- Asset Diversification: The largest asset category is inventory at 17.1% of total assets.
Mestek Inc Competitors by Total Assets
Key competitors of Mestek Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Huasu Holdings Co Ltd
SHE:000509
|
China | CN¥871.41 Million |
|
Wuhu Conch Profiles and Science Co Ltd
SHE:000619
|
China | CN¥5.36 Billion |
|
Beijing New Building Materials Public Ltd Co
SHE:000786
|
China | CN¥36.78 Billion |
|
Yantai Moon Co Ltd
SHE:000811
|
China | CN¥12.54 Billion |
|
Tangshan Jidong Equipment Engineering Co Ltd
SHE:000856
|
China | CN¥2.25 Billion |
|
Arrow Home Group Co. Ltd. A
SHE:001322
|
China | CN¥9.20 Billion |
|
Shandong Luyang Share Co Ltd
SHE:002088
|
China | CN¥3.23 Billion |
|
Everjoy Health Group Co Ltd
SHE:002162
|
China | CN¥2.01 Billion |
Mestek 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
Strong asset utilization - Mestek Inc generates 0.74x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Mestek Inc generates $ 11.09 in net profit.
Mestek 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 | 4.62 | 4.10 | 3.86 |
| Quick Ratio | 3.75 | 2.99 | 2.65 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $379.00 Million | $ 281.15 Million | $ 151.50 Million |
Mestek Inc - Advanced Valuation Insights
This section examines the relationship between Mestek 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 | 1.04 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 15.6% |
| Total Assets | $535.46 Million |
| Market Capitalization | $323.78K USD |
Valuation Analysis
Below Book Valuation: The market values Mestek Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Mestek Inc's assets grew by 15.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Mestek Inc (1985–2024)
The table below shows the annual total assets of Mestek Inc from 1985 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $535.46 Million | +15.61% |
| 2023-12-31 | $463.14 Million | +6.51% |
| 2022-12-31 | $434.85 Million | +3.78% |
| 2021-12-31 | $419.01 Million | +5.94% |
| 2020-12-31 | $395.54 Million | +19.15% |
| 2019-12-31 | $331.97 Million | +16.84% |
| 2018-12-31 | $284.13 Million | +6.89% |
| 2017-12-31 | $265.81 Million | +7.64% |
| 2016-12-31 | $246.94 Million | +3.47% |
| 2015-12-31 | $238.67 Million | +0.23% |
| 2014-12-31 | $238.11 Million | +11.41% |
| 2013-12-31 | $213.72 Million | +8.40% |
| 2012-12-31 | $197.15 Million | -1.68% |
| 2011-12-31 | $200.51 Million | +2.31% |
| 2010-12-31 | $195.98 Million | -6.21% |
| 2009-12-31 | $208.95 Million | -0.78% |
| 2008-12-31 | $210.58 Million | -4.51% |
| 2007-12-31 | $220.53 Million | -3.45% |
| 2006-12-31 | $228.41 Million | -0.07% |
| 2005-12-31 | $228.57 Million | -4.15% |
| 2004-12-31 | $238.47 Million | -3.32% |
| 2003-12-31 | $246.67 Million | +11.97% |
| 2002-12-31 | $220.30 Million | -15.11% |
| 2001-12-31 | $259.51 Million | -11.58% |
| 2000-12-31 | $293.49 Million | +21.15% |
| 1999-12-31 | $242.25 Million | +18.09% |
| 1998-12-31 | $205.14 Million | +7.34% |
| 1997-12-31 | $191.12 Million | +12.42% |
| 1996-12-31 | $170.01 Million | +20.21% |
| 1995-12-31 | $141.43 Million | +17.44% |
| 1994-12-31 | $120.43 Million | -4.87% |
| 1993-12-31 | $126.60 Million | -7.73% |
| 1992-12-31 | $137.20 Million | +13.48% |
| 1991-12-31 | $120.90 Million | +16.70% |
| 1990-12-31 | $103.60 Million | +6.47% |
| 1989-12-31 | $97.30 Million | +1.99% |
| 1988-12-31 | $95.40 Million | +32.13% |
| 1987-12-31 | $72.20 Million | +15.89% |
| 1986-12-31 | $62.30 Million | +419.17% |
| 1985-12-31 | $12.00 Million | -- |