Marel hf
Marel hf. develops, manufactures, distributes, and sells solutions, software, and services to food processing industries in Europe, the Middle East, Africa, the Americas, Asia, and Oceania. The company operates through four segments: Poultry Processing; Meat Processing; Fish Processing; and Plant, Pet, and Feed. The company's Poultry Processing segment offers automated in-line solutions, software… Read more
Marel hf (MRRLF) - Total Assets
Latest total assets as of September 2024: $2.56 Billion USD
Based on the latest financial reports, Marel hf (MRRLF) holds total assets worth $2.56 Billion USD as of September 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.
Marel hf - Total Assets Trend (2002–2023)
This chart illustrates how Marel hf’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Marel hf - Asset Composition Analysis
Current Asset Composition (December 2023)
Marel hf's total assets of $2.56 Billion consist of 29.6% current assets and 70.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.7% |
| Accounts Receivable | $251.50 Million | 9.7% |
| Inventory | $352.50 Million | 13.6% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $541.20 Million | 20.8% |
| Goodwill | $859.00 Million | 33.0% |
Asset Composition Trend (2002–2023)
This chart illustrates how Marel hf'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: Marel hf's current assets represent 29.6% of total assets in 2023, a decrease from 50.0% in 2002.
- Cash Position: Cash and equivalents constituted 2.7% of total assets in 2023, down from 3.5% in 2002.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 53.0% of total assets, an increase from 4.0% in 2002.
- Asset Diversification: The largest asset category is goodwill at 33.0% of total assets.
Marel hf Competitors by Total Assets
Key competitors of Marel hf based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hanil Vacuum Co. Ltd
KQ:123840
|
Korea | ₩115.98 Billion |
|
Ivisionworks Co.,Ltd.
KQ:469750
|
Korea | ₩50.10 Billion |
|
Huayi Compressor Co Ltd
SHE:000404
|
China | CN¥15.16 Billion |
|
Shenyang Machine Tool Co Ltd
SHE:000410
|
China | CN¥9.63 Billion |
|
North Industries Group Red Arrow Co Ltd
SHE:000519
|
China | CN¥17.38 Billion |
|
Changchai Co Ltd
SHE:000570
|
China | CN¥5.30 Billion |
|
Jiangsu Youli Investment Holding Co Ltd
SHE:000584
|
China | CN¥3.49 Billion |
|
Baota Industry Co Ltd
SHE:000595
|
China | CN¥9.54 Billion |
Marel hf - 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
Moderate asset utilization - Marel hf generates 0.66x 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, Marel hf generates $ 1.19 in net profit.
Marel hf - 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 | 1.36 | 1.11 | 1.52 |
| Quick Ratio | 0.77 | 0.59 | 1.17 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $203.00 Million | $ 82.20 Million | $ 246.30 Million |
Marel hf - Advanced Valuation Insights
This section examines the relationship between Marel hf'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 | 3.18 |
| Latest Market Cap to Assets Ratio | 0.87 |
| Asset Growth Rate (YoY) | -3.6% |
| Total Assets | $2.60 Billion |
| Market Capitalization | $2.25 Billion USD |
Valuation Analysis
Near Book Valuation: The market values Marel hf's assets close to their book value ( 0.87x), suggesting investors view the company's assets at approximately fair value.
Slight Asset Contraction: Marel hf's assets decreased by 3.6% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Marel hf (2002–2023)
The table below shows the annual total assets of Marel hf from 2002 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $2.60 Billion | -3.58% |
| 2022-12-31 | $2.70 Billion | +34.48% |
| 2021-12-31 | $2.00 Billion | +10.47% |
| 2020-12-31 | $1.81 Billion | -2.49% |
| 2019-12-31 | $1.86 Billion | +18.86% |
| 2018-12-31 | $1.57 Billion | +8.70% |
| 2017-12-31 | $1.44 Billion | +3.46% |
| 2016-12-31 | $1.39 Billion | +48.42% |
| 2015-12-31 | $938.15 Million | +10.18% |
| 2014-12-31 | $851.44 Million | +1.41% |
| 2013-12-31 | $839.57 Million | -2.95% |
| 2012-12-31 | $865.13 Million | -1.45% |
| 2011-12-31 | $877.82 Million | +0.02% |
| 2010-12-31 | $877.62 Million | -0.60% |
| 2009-12-31 | $882.88 Million | -4.06% |
| 2008-12-31 | $920.26 Million | +115.36% |
| 2007-12-31 | $427.30 Million | +17.14% |
| 2006-12-31 | $364.79 Million | +217.52% |
| 2005-12-31 | $114.89 Million | +26.88% |
| 2004-12-31 | $90.55 Million | +11.33% |
| 2003-12-31 | $81.33 Million | -1.54% |
| 2002-12-31 | $82.60 Million | -- |