Mainstreet Equity Corp
Mainstreet Equity Corp. engages in the acquisition, redevelopment, repositioning, and management of mid-market residential rental apartment buildings in Western Canada. The company owns a portfolio of multi-family residential properties. It invests in residential units consisting of townhouses, garden-style apartments, concrete mid-rise and high-rise apartments, and condo suites; and freestanding… Read more
Mainstreet Equity Corp (MEQYF) - Total Assets
Latest total assets as of June 2025: $3.87 Billion USD
Based on the latest financial reports, Mainstreet Equity Corp (MEQYF) holds total assets worth $3.87 Billion 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.
Mainstreet Equity Corp - Total Assets Trend (1998–2024)
This chart illustrates how Mainstreet Equity Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Mainstreet Equity Corp - Asset Composition Analysis
Current Asset Composition (September 2024)
Mainstreet Equity Corp's total assets of $3.87 Billion consist of 2.2% current assets and 97.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.4% |
| Accounts Receivable | $5.75 Million | 0.2% |
| Inventory | $12.06 Million | 0.4% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $527.00K | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1998–2024)
This chart illustrates how Mainstreet Equity 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: Mainstreet Equity Corp's current assets represent 2.2% of total assets in 2024, a decrease from 12.3% in 1998.
- Cash Position: Cash and equivalents constituted 1.4% of total assets in 2024, down from 12.3% in 1998.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1998.
- Asset Diversification: The largest asset category is inventory at 0.4% of total assets.
Mainstreet Equity Corp Competitors by Total Assets
Key competitors of Mainstreet Equity Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Aurora Eiendom A.S.
OL:AURA
|
Norway | Nkr9.08 Billion |
|
PT Multisarana Intan Eduka Tbk
JK:MSIE
|
Indonesia | Rp124.39 Billion |
|
Shenzhen SEG Co Ltd
SHE:000058
|
China | CN¥5.05 Billion |
|
Beijing Mainstreets Investment
SHE:000609
|
China | CN¥1.92 Billion |
|
5I5j Holding Group Co Ltd
SHE:000560
|
China | CN¥26.38 Billion |
|
DongGuan Winnerway Industrial Zone Ltd
SHE:000573
|
China | CN¥2.14 Billion |
|
Rongfeng Holding Group
SHE:000668
|
China | CN¥1.28 Billion |
|
Sanxiang Co Ltd
SHE:000863
|
China | CN¥5.88 Billion |
Mainstreet Equity 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
Lower asset utilization - Mainstreet Equity Corp generates 0.07x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Mainstreet Equity Corp generates $5.72 in net profit.
Mainstreet Equity 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 | 1.57 | 0.40 | 0.43 |
| Quick Ratio | 1.49 | 0.34 | 0.41 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $89.52 Million | $ -108.86 Million | $ -63.88 Million |
Mainstreet Equity Corp - Advanced Valuation Insights
This section examines the relationship between Mainstreet Equity 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 | 0.99 |
| Latest Market Cap to Assets Ratio | 0.16 |
| Asset Growth Rate (YoY) | 10.3% |
| Total Assets | $3.49 Billion |
| Market Capitalization | $545.85 Million USD |
Valuation Analysis
Below Book Valuation: The market values Mainstreet Equity Corp's assets below their book value (0.16 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Mainstreet Equity Corp's assets grew by 10.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Mainstreet Equity Corp (1998–2024)
The table below shows the annual total assets of Mainstreet Equity Corp from 1998 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-09-30 | $3.49 Billion | +10.31% |
| 2023-09-30 | $3.16 Billion | +9.38% |
| 2022-09-30 | $2.89 Billion | +8.19% |
| 2021-09-30 | $2.67 Billion | +19.49% |
| 2020-09-30 | $2.24 Billion | +8.87% |
| 2019-09-30 | $2.06 Billion | +9.46% |
| 2018-09-30 | $1.88 Billion | +12.58% |
| 2017-09-30 | $1.67 Billion | +12.99% |
| 2016-09-30 | $1.48 Billion | +5.38% |
| 2015-09-30 | $1.40 Billion | +10.07% |
| 2014-09-30 | $1.27 Billion | +9.33% |
| 2013-09-30 | $1.16 Billion | +9.52% |
| 2012-09-30 | $1.06 Billion | +15.67% |
| 2011-09-30 | $919.16 Million | +22.72% |
| 2010-09-30 | $749.01 Million | +96.50% |
| 2009-09-30 | $381.17 Million | +12.93% |
| 2008-09-30 | $337.51 Million | +10.13% |
| 2007-09-30 | $306.48 Million | +20.77% |
| 2006-09-30 | $253.77 Million | +18.12% |
| 2005-09-30 | $214.84 Million | +46.53% |
| 2004-09-30 | $146.62 Million | +2.45% |
| 2003-09-30 | $143.11 Million | +24.86% |
| 2002-09-30 | $114.62 Million | +41.69% |
| 2001-09-30 | $80.89 Million | +17.78% |
| 2000-09-30 | $68.68 Million | +74.08% |
| 1999-09-30 | $39.45 Million | +216.08% |
| 1998-09-30 | $12.48 Million | -- |