Mirriad Advertising plc
Mirriad Advertising plc provides in-video advertising services to broadcasters, advertisers, brand owners, and their agencies. The company inserts group of a product, signage, or video into existing content; and engages in the provision of embedded advertising into video. It has operations in the United Kingdom, the United States, Germany, Canada, France, Turkey, and Japan. The company was incorp… Read more
Mirriad Advertising plc (MMDDF) - Total Assets
Latest total assets as of June 2025: $4.07 Million USD
Based on the latest financial reports, Mirriad Advertising plc (MMDDF) holds total assets worth $4.07 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.
Mirriad Advertising plc - Total Assets Trend (2015–2024)
This chart illustrates how Mirriad Advertising plc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Mirriad Advertising plc - Asset Composition Analysis
Current Asset Composition (December 2024)
Mirriad Advertising plc's total assets of $4.07 Million consist of 99.3% current assets and 0.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 72.0% |
| Accounts Receivable | $1.12 Million | 16.9% |
| 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 (2015–2024)
This chart illustrates how Mirriad Advertising plc'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: Mirriad Advertising plc's current assets represent 99.3% of total assets in 2024, an increase from 77.5% in 2015.
- Cash Position: Cash and equivalents constituted 72.0% of total assets in 2024, up from 69.9% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 20.0% in 2015.
- Asset Diversification: The largest asset category is accounts receivable at 16.9% of total assets.
Mirriad Advertising plc Competitors by Total Assets
Key competitors of Mirriad Advertising plc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Genimous Technology Co Ltd
SHE:000676
|
China | CN¥5.12 Billion |
|
PUC Bhd
KLSE:0007
|
Malaysia | RM188.26 Million |
|
Hunan TV & Broadcast Intermediary Co Ltd
SHE:000917
|
China | CN¥16.44 Billion |
|
Focus Media Information Technology Co Ltd
SHE:002027
|
China | CN¥23.79 Billion |
|
NanJi ECommerce Co Ltd
SHE:002127
|
China | CN¥4.84 Billion |
|
Leo Group Co Ltd
SHE:002131
|
China | CN¥21.89 Billion |
|
Foshan Saturday Shoes Co Ltd
SHE:002291
|
China | CN¥4.97 Billion |
|
Guangdong Advertising Co Ltd
SHE:002400
|
China | CN¥11.09 Billion |
Mirriad Advertising plc - 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 - Mirriad Advertising plc generates 0.15x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Mirriad Advertising plc is currently not profitable relative to its asset base.
Mirriad Advertising plc - 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 | 2.55 | 4.98 | 6.61 |
| Quick Ratio | 2.55 | 4.98 | 6.61 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $2.32 Million | $ 8.12 Million | $ 13.62 Million |
Mirriad Advertising plc - Advanced Valuation Insights
This section examines the relationship between Mirriad Advertising plc'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 | 1.48 |
| Latest Market Cap to Assets Ratio | 0.95 |
| Asset Growth Rate (YoY) | -27.3% |
| Total Assets | $6.64 Million |
| Market Capitalization | $6.32 Million USD |
Valuation Analysis
Near Book Valuation: The market values Mirriad Advertising plc's assets close to their book value ( 0.95x), suggesting investors view the company's assets at approximately fair value.
Significant Asset Reduction: Mirriad Advertising plc's assets decreased by 27.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Mirriad Advertising plc (2015–2024)
The table below shows the annual total assets of Mirriad Advertising plc from 2015 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $6.64 Million | -27.29% |
| 2023-12-31 | $9.13 Million | -38.18% |
| 2022-12-31 | $14.77 Million | -48.06% |
| 2021-12-31 | $28.44 Million | -24.75% |
| 2020-12-31 | $37.79 Million | +77.28% |
| 2019-12-31 | $21.32 Million | +23.69% |
| 2018-12-31 | $17.24 Million | -42.44% |
| 2017-12-31 | $29.95 Million | +131.29% |
| 2016-12-31 | $12.95 Million | +55.31% |
| 2015-12-31 | $8.34 Million | -- |