MERLIN Properties SOCIMI S.A
MERLIN Properties SOCIMI, S.A. (MC:MRL) is the largest real estate and infrastructure company trading on the Spanish Stock Exchange. Specialized in the development, acquisition and management of commercial property in the lberian region. MERLIN Properties mainly invests in offices, shopping centers, logistics facilities and data centers, within the Core and Core Plus segments, forming part of the… Read more
MERLIN Properties SOCIMI S.A (MRPRF) - Total Assets
Latest total assets as of September 2025: $13.96 Billion USD
Based on the latest financial reports, MERLIN Properties SOCIMI S.A (MRPRF) holds total assets worth $13.96 Billion USD as of September 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.
MERLIN Properties SOCIMI S.A - Total Assets Trend (2014–2024)
This chart illustrates how MERLIN Properties SOCIMI S.A’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
MERLIN Properties SOCIMI S.A - Asset Composition Analysis
Current Asset Composition (December 2024)
MERLIN Properties SOCIMI S.A's total assets of $13.96 Billion consist of 12.6% current assets and 87.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 11.5% |
| Accounts Receivable | $60.34 Million | 0.5% |
| Inventory | $54.01 Million | 0.4% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $1.02 Million | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2014–2024)
This chart illustrates how MERLIN Properties SOCIMI S.A'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: MERLIN Properties SOCIMI S.A's current assets represent 12.6% of total assets in 2024, an increase from 6.4% in 2014.
- Cash Position: Cash and equivalents constituted 11.5% of total assets in 2024, up from 1.1% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2014.
- Asset Diversification: The largest asset category is accounts receivable at 0.5% of total assets.
MERLIN Properties SOCIMI S.A Competitors by Total Assets
Key competitors of MERLIN Properties SOCIMI S.A based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Acanthe Développement
PA:ACAN
|
France | €133.12 Million |
|
Igis Value Plus Reit Co Ltd
KO:334890
|
Korea | ₩573.89 Billion |
|
KB Star REIT Co. Ltd.
KO:432320
|
Korea | ₩1.08 Trillion |
|
Tower Real Estate Investment Trust
KLSE:5111
|
Malaysia | RM846.72 Million |
|
Sentral REIT
KLSE:5123
|
Malaysia | RM2.68 Billion |
|
IGB Commercial Real Estate Investment Trust Unit
KLSE:5299
|
Malaysia | RM3.35 Billion |
|
Allied Properties Real Estate Investment Trust
PINK:APYRF
|
USA | $9.26 Billion |
|
Australian Unity Office Fund
AU:AOF
|
Australia | AU$70.61 Million |
MERLIN Properties SOCIMI S.A - 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 - MERLIN Properties SOCIMI S.A generates 0.04x 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, MERLIN Properties SOCIMI S.A generates $ 2.11 in net profit.
MERLIN Properties SOCIMI S.A - 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 | 5.52 | 2.23 | 2.32 |
| Quick Ratio | 5.52 | 2.23 | 2.13 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $1.26 Billion | $ 1.01 Billion | $ 236.59 Million |
MERLIN Properties SOCIMI S.A - Advanced Valuation Insights
This section examines the relationship between MERLIN Properties SOCIMI S.A'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 | 0.94 |
| Latest Market Cap to Assets Ratio | 0.29 |
| Asset Growth Rate (YoY) | 11.6% |
| Total Assets | $13.46 Billion |
| Market Capitalization | $3.87 Billion USD |
Valuation Analysis
Below Book Valuation: The market values MERLIN Properties SOCIMI S.A's assets below their book value (0.29 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: MERLIN Properties SOCIMI S.A's assets grew by 11.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for MERLIN Properties SOCIMI S.A (2014–2024)
The table below shows the annual total assets of MERLIN Properties SOCIMI S.A from 2014 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $13.46 Billion | +11.55% |
| 2023-12-31 | $12.07 Billion | +0.12% |
| 2022-12-31 | $12.05 Billion | -15.56% |
| 2021-12-31 | $14.27 Billion | +5.90% |
| 2020-12-31 | $13.48 Billion | +1.29% |
| 2019-12-31 | $13.31 Billion | +5.83% |
| 2018-12-31 | $12.57 Billion | +4.73% |
| 2017-12-31 | $12.01 Billion | +9.95% |
| 2016-12-31 | $10.92 Billion | +57.86% |
| 2015-12-31 | $6.92 Billion | +186.18% |
| 2014-12-31 | $2.42 Billion | -- |