Malaga Financial Corporation
Malaga Financial Corporation operates as the holding company for Malaga Bank that provides various community banking products and services to personal and business customers in the United States. It offers checking, savings, and money market accounts; certificates of deposit, as well as digital wallet services. The company also provides business loans comprising loans and lines of credit, revolvi… Read more
Malaga Financial Corporation (MLGF) - Total Assets
Latest total assets as of December 2024: $1.42 Billion USD
Based on the latest financial reports, Malaga Financial Corporation (MLGF) holds total assets worth $1.42 Billion USD as of December 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.
Malaga Financial Corporation - Total Assets Trend (2000–2024)
This chart illustrates how Malaga Financial Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Malaga Financial Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
Malaga Financial Corporation's total assets of $1.42 Billion consist of 1.1% current assets and 98.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.8% |
| Accounts Receivable | $4.87 Million | 0.3% |
| 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 (2000–2024)
This chart illustrates how Malaga Financial 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: Malaga Financial Corporation's current assets represent 1.1% of total assets in 2024, an increase from 0.0% in 2000.
- Cash Position: Cash and equivalents constituted 0.8% of total assets in 2024, down from 1.7% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2000.
- Asset Diversification: The largest asset category is accounts receivable at 0.3% of total assets.
Malaga Financial Corporation Competitors by Total Assets
Key competitors of Malaga Financial Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Ping An Bank Co Ltd
SHE:000001
|
China | CN¥5.77 Trillion |
|
Bank of Ningbo Co Ltd
SHE:002142
|
China | CN¥3.58 Trillion |
|
Bank of Zhengzhou Co Ltd Class A
SHE:002936
|
China | CN¥743.55 Billion |
|
Qingdao Rural Commercial Bank Corp Class A
SHE:002958
|
China | CN¥509.92 Billion |
|
Bank of Suzhou
SHE:002966
|
China | CN¥776.04 Billion |
|
Jeju Bank
KO:006220
|
Korea | ₩7.72 Trillion |
|
Industrial Bank Of Korea
KO:024110
|
Korea | ₩490.11 Trillion |
|
Hana Financial
KO:086790
|
Korea | ₩659.08 Trillion |
Malaga Financial 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 - Malaga Financial Corporation generates 0.05x 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, Malaga Financial Corporation generates $ 1.60 in net profit.
Malaga Financial 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 | 0.02 | 0.21 | 232.87 |
| Quick Ratio | 0.02 | 0.21 | 232.87 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-916.56 Million | $ -672.51 Million | $ 36.61 Million |
Malaga Financial Corporation - Advanced Valuation Insights
This section examines the relationship between Malaga Financial 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 | 1.02 |
| Latest Market Cap to Assets Ratio | 0.06 |
| Asset Growth Rate (YoY) | -4.3% |
| Total Assets | $1.41 Billion |
| Market Capitalization | $82.17 Million USD |
Valuation Analysis
Below Book Valuation: The market values Malaga Financial Corporation's assets below their book value (0.06 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Malaga Financial Corporation's assets decreased by 4.3% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Malaga Financial Corporation (2000–2024)
The table below shows the annual total assets of Malaga Financial Corporation from 2000 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $1.41 Billion | -4.33% |
| 2023-12-31 | $1.48 Billion | -2.28% |
| 2022-12-31 | $1.51 Billion | +2.57% |
| 2021-12-31 | $1.47 Billion | +12.29% |
| 2020-12-31 | $1.31 Billion | +5.13% |
| 2019-12-31 | $1.25 Billion | +14.77% |
| 2018-12-31 | $1.09 Billion | +4.47% |
| 2017-12-31 | $1.04 Billion | +5.81% |
| 2016-12-31 | $983.89 Million | -0.31% |
| 2015-12-31 | $986.99 Million | +4.19% |
| 2014-12-31 | $947.28 Million | +6.81% |
| 2013-12-31 | $886.85 Million | +32.42% |
| 2006-12-31 | $669.74 Million | +15.36% |
| 2005-12-31 | $580.54 Million | +17.02% |
| 2004-12-31 | $496.12 Million | +18.40% |
| 2003-12-31 | $419.03 Million | +24.10% |
| 2002-12-31 | $337.65 Million | +10.48% |
| 2001-12-31 | $305.62 Million | +11.66% |
| 2000-12-31 | $273.69 Million | -- |