Mynaric AG
Mynaric AG develops and manufactures laser communication products for aerospace-based communication networks for government and commercial markets in the United States and internationally. It operates through Air and Space segments. The company's laser communication technology provides long-distance data transmission between moving objects for wireless space, airborne, and terrestrial application… Read more
Mynaric AG (MOYFF) - Total Assets
Latest total assets as of December 2023: $119.09 Million USD
Based on the latest financial reports, Mynaric AG (MOYFF) holds total assets worth $119.09 Million 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.
Mynaric AG - Total Assets Trend (2013–2023)
This chart illustrates how Mynaric AG’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Mynaric AG - Asset Composition Analysis
Current Asset Composition (December 2023)
Mynaric AG's total assets of $119.09 Million consist of 46.6% current assets and 53.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 20.1% |
| Accounts Receivable | $1.97 Million | 1.7% |
| Inventory | $22.70 Million | 19.1% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $13.34 Million | 11.2% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2013–2023)
This chart illustrates how Mynaric AG'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: Mynaric AG's current assets represent 46.6% of total assets in 2023, a decrease from 86.3% in 2013.
- Cash Position: Cash and equivalents constituted 20.1% of total assets in 2023, up from 9.8% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 11.0% of total assets, an increase from 1.0% in 2013.
- Asset Diversification: The largest asset category is inventory at 19.1% of total assets.
Mynaric AG Competitors by Total Assets
Key competitors of Mynaric AG based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Gaon Cable
KO:000500
|
Korea | ₩1.26 Trillion |
|
Addsino Co Ltd
SHE:000547
|
China | CN¥10.22 Billion |
|
Sichuan Huiyuan Optical Com
SHE:000586
|
China | CN¥612.88 Million |
|
PetroChina Jinhong Energy Investment Co Ltd
SHE:000669
|
China | CN¥2.40 Billion |
|
Sichuan Jiuzhou Electronic Co Ltd
SHE:000801
|
China | CN¥7.33 Billion |
|
Skyworth Digital Co Ltd
SHE:000810
|
China | CN¥11.15 Billion |
|
Gohigh Data Networks Technology Co Ltd
SHE:000851
|
China | CN¥4.48 Billion |
|
Shenzhen Coship Electronics Co Ltd
SHE:002052
|
China | CN¥668.07 Million |
Mynaric AG - 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 - Mynaric AG generates 0.05x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Mynaric AG is currently not profitable relative to its asset base.
Mynaric AG - 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 | 0.74 | 0.70 | 12.32 |
| Quick Ratio | 0.44 | 0.39 | 10.70 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-19.44 Million | $ -12.84 Million | $ 20.38 Million |
Mynaric AG - Advanced Valuation Insights
This section examines the relationship between Mynaric AG'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 | 2.28 |
| Latest Market Cap to Assets Ratio | 0.04 |
| Asset Growth Rate (YoY) | 41.9% |
| Total Assets | $119.09 Million |
| Market Capitalization | $4.25 Million USD |
Valuation Analysis
Below Book Valuation: The market values Mynaric AG's assets below their book value (0.04 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Mynaric AG's assets grew by 41.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Mynaric AG (2013–2023)
The table below shows the annual total assets of Mynaric AG from 2013 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $119.09 Million | +41.94% |
| 2022-12-31 | $83.90 Million | -24.89% |
| 2021-12-31 | $111.70 Million | +22.03% |
| 2020-12-31 | $91.53 Million | +189.89% |
| 2019-12-31 | $31.57 Million | +27.51% |
| 2018-12-31 | $24.76 Million | -21.79% |
| 2017-12-31 | $31.66 Million | +1529.64% |
| 2016-12-31 | $1.94 Million | +11.68% |
| 2015-12-31 | $1.74 Million | +8.72% |
| 2014-12-31 | $1.60 Million | +59.74% |
| 2013-12-31 | $1.00 Million | -- |