Merger Mines Corporation
Merger Mines Corporation designs, develops, and manufactures laser vein miner arrays. Its laser vein miner arrays incorporate the use of robotics and highly sophisticated computer programs that are designed to achieve maximum production from mines. The company also holds interests in approximately 600 acres of unpatented mining properties located in Shoshone County, Kootenai County, and Boundary … Read more
Merger Mines Corporation (MERG) - Total Assets
Latest total assets as of June 2024: $175.05K USD
Based on the latest financial reports, Merger Mines Corporation (MERG) holds total assets worth $175.05K USD as of June 2024.
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.
Merger Mines Corporation - Total Assets Trend (2017–2023)
This chart illustrates how Merger Mines Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Merger Mines Corporation - Asset Composition Analysis
Current Asset Composition (December 2023)
Merger Mines Corporation's total assets of $175.05K consist of 9.1% current assets and 90.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 7.2% |
| Accounts Receivable | $3.60K | 2.0% |
| 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 (2017–2023)
This chart illustrates how Merger Mines 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: Merger Mines Corporation's current assets represent 9.1% of total assets in 2023, an increase from 3.3% in 2017.
- Cash Position: Cash and equivalents constituted 7.2% of total assets in 2023, up from 3.3% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
- Asset Diversification: The largest asset category is accounts receivable at 2.0% of total assets.
Merger Mines Corporation Competitors by Total Assets
Key competitors of Merger Mines Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Zhongrun Resources Investment
SHE:000506
|
China | CN¥1.43 Billion |
|
Yintai Resources Co Ltd
SHE:000975
|
China | CN¥20.29 Billion |
|
5YY0
F:5YY0
|
Germany | €11.52 Million |
|
1AH
F:1AH
|
Germany | €55.15 Million |
|
1ZX0
F:1ZX0
|
Germany | €1.11 Million |
|
Copper Giant Resources Corp.
F:29H0
|
Germany | €6.21 Million |
|
29METALS Ltd
AU:29M
|
Australia | AU$1.04 Billion |
|
China Silver Group Limited
F:2CS
|
Germany | €2.12 Billion |
Merger Mines 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 - Merger Mines Corporation 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 - Merger Mines Corporation is currently not profitable relative to its asset base.
Merger Mines 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 | 1.13 | 0.05 | 0.11 |
| Quick Ratio | 1.13 | 0.05 | 0.11 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $2.98K | $ -746.60K | $ -523.72K |
Merger Mines Corporation - Advanced Valuation Insights
This section examines the relationship between Merger Mines 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 | - |
| Latest Market Cap to Assets Ratio | 0.26 |
| Asset Growth Rate (YoY) | -4.5% |
| Total Assets | $181.58K |
| Market Capitalization | $47.59K USD |
Valuation Analysis
Below Book Valuation: The market values Merger Mines Corporation's assets below their book value (0.26 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Merger Mines Corporation's assets decreased by 4.5% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Merger Mines Corporation (2017–2023)
The table below shows the annual total assets of Merger Mines Corporation from 2017 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $181.58K | -4.49% |
| 2022-12-31 | $190.12K | +77.27% |
| 2021-12-31 | $107.25K | +56.02% |
| 2020-12-31 | $68.74K | -7.02% |
| 2019-12-31 | $73.93K | -45.62% |
| 2018-12-31 | $135.96K | -44.77% |
| 2017-12-31 | $246.19K | -- |