The Mint Corporation
The Mint Corporation, through its subsidiaries, offers fintech services in the United Arab Emirates. Its platform provides financial services tailored to the needs of unbanked workers and their employers. The company also provides employers with payroll cards for their unbanked employees where employees can earn regular salaries and have long-term work permits. The company was formerly known as M… Read more
The Mint Corporation (MITJF) - Total Assets
Latest total assets as of December 2023: $51.18K USD
Based on the latest financial reports, The Mint Corporation (MITJF) holds total assets worth $51.18K USD as of December 2023.
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.
The Mint Corporation - Total Assets Trend (2001–2023)
This chart illustrates how The Mint Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
The Mint Corporation - Asset Composition Analysis
Current Asset Composition (December 2023)
The Mint Corporation's total assets of $51.18K consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 8.1% |
| Accounts Receivable | $47.02K | 91.9% |
| 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 (2001–2023)
This chart illustrates how The Mint 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: The Mint Corporation's current assets represent 100.0% of total assets in 2023, an increase from 60.7% in 2001.
- Cash Position: Cash and equivalents constituted 8.1% of total assets in 2023, down from 41.6% in 2001.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2001.
- Asset Diversification: The largest asset category is accounts receivable at 91.9% of total assets.
The Mint Corporation Competitors by Total Assets
Key competitors of The Mint Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Pappajack Bhd
KLSE:0242
|
Malaysia | RM361.68 Million |
|
Evergreen Max Cash Capital Berhad
KLSE:0286
|
Malaysia | RM361.11 Million |
|
Samsung Card Co. Ltd.
KO:029780
|
Korea | ₩32.17 Trillion |
|
Yiren Digital Ltd
F:19YA
|
Germany | €14.45 Billion |
|
Yixin Group Limited
F:1YX
|
Germany | €50.34 Billion |
|
BFF Bank S.p.A
F:2BF
|
Germany | €12.13 Billion |
|
Resurs Holding AB (publ)
F:4R6
|
Germany | €50.33 Billion |
|
Aeon Credit Service Bhd
KLSE:5139
|
Malaysia | RM15.62 Billion |
The Mint 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 - The Mint 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 - The Mint Corporation is currently not profitable relative to its asset base.
The Mint 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 | 0.06 | 2.15 | 0.04 |
| Quick Ratio | 0.06 | 4.29 | 0.04 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-837.17K | $ 599.81K | $ -6.68 Million |
The Mint Corporation - Advanced Valuation Insights
This section examines the relationship between The Mint 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 | 8.82 |
| Latest Market Cap to Assets Ratio | 0.17 |
| Asset Growth Rate (YoY) | -95.4% |
| Total Assets | $51.18K |
| Market Capitalization | $8.85K USD |
Valuation Analysis
Below Book Valuation: The market values The Mint Corporation's assets below their book value (0.17 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: The Mint Corporation's assets decreased by 95.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for The Mint Corporation (2001–2023)
The table below shows the annual total assets of The Mint Corporation from 2001 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $51.18K | -95.43% |
| 2022-12-31 | $1.12 Million | -55.42% |
| 2021-12-31 | $2.51 Million | -8.29% |
| 2020-12-31 | $2.74 Million | +2183.99% |
| 2019-12-31 | $120.00K | -46.46% |
| 2018-12-31 | $224.14K | +67.66% |
| 2017-12-31 | $133.69K | -97.47% |
| 2016-12-31 | $5.28 Million | -33.88% |
| 2015-12-31 | $7.99 Million | +167.74% |
| 2014-12-31 | $2.98 Million | -44.00% |
| 2013-12-31 | $5.33 Million | -60.47% |
| 2012-12-31 | $13.48 Million | +9.01% |
| 2011-12-31 | $12.36 Million | +161.09% |
| 2010-12-31 | $4.73 Million | +114.64% |
| 2009-12-31 | $2.21 Million | +104.16% |
| 2008-12-31 | $1.08 Million | -74.77% |
| 2007-12-31 | $4.28 Million | -40.18% |
| 2006-12-31 | $7.16 Million | +373.80% |
| 2005-12-31 | $1.51 Million | -39.54% |
| 2004-12-31 | $2.50 Million | +59.77% |
| 2003-12-31 | $1.56 Million | +6047.57% |
| 2001-12-31 | $25.45K | -- |