Minesto AB (MINEST) - Total Assets
Based on the latest financial reports, Minesto AB (MINEST) holds total assets worth Skr652.60 Million SEK (≈ $70.23 Million USD) as of December 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. Explore Minesto AB cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Minesto AB - Total Assets Trend (2013–2025)
This chart illustrates how Minesto AB's total assets have evolved over time, based on quarterly financial data. See what is Minesto AB's book value for net asset value and shareholders' equity analysis.
Minesto AB - Asset Composition Analysis
Current Asset Composition (December 2025)
Minesto AB's total assets of Skr652.60 Million consist of 11.9% current assets and 88.1% non-current assets.
| Asset Category | Amount (SEK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Skr67.57 Million | 10.4% |
| Accounts Receivable | Skr10.01 Million | 1.5% |
| Inventory | Skr0.00 | 0.0% |
| Property, Plant & Equipment | Skr335.00K | 0.1% |
| Intangible Assets | Skr574.42 Million | 88.0% |
| Goodwill | Skr0.00 | 0.0% |
Asset Composition Trend (2013–2025)
This chart illustrates how Minesto AB'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. For live market cap, price, and company overview, see how much is Minesto AB worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Minesto AB's current assets represent 11.9% of total assets in 2025, an increase from 2.6% in 2013.
- Cash Position: Cash and equivalents constituted 10.4% of total assets in 2025, up from 1.6% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 88.0% of total assets, an increase from 80.0% in 2013.
- Asset Diversification: The largest asset category is intangible assets at 88.0% of total assets.
Minesto AB Competitors by Total Assets
Key competitors of Minesto AB based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Centrais Elétricas Brasileiras S.A. - Eletrobrás
F:L3XB
|
Germany | €279.69 Billion |
|
Meridian Energy Ltd
AU:MEZ
|
Australia | AU$15.14 Billion |
|
Zhejiang Provincial New Energy Investment Group Co Ltd
SHG:600032
|
China | CN¥59.85 Billion |
|
CECEP Solar Energy Co Ltd
SHE:000591
|
China | CN¥52.84 Billion |
|
Auren Energia S.A.
SA:AURE3
|
Brazil | R$47.38 Billion |
|
ROMANDE ENERGIE SA
SW:REHN
|
Switzerland | CHF2.83 Billion |
|
Econergy Renewable Energy Ltd
TA:ECNR
|
Israel | ILA1.11 Billion |
|
Guangxi Guidong Eletric Power Co Ltd
SHG:600310
|
China | CN¥23.55 Billion |
Minesto AB - 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 | 3.57 | 2.37 | 7.45 |
| Quick Ratio | 3.57 | 2.37 | 7.43 |
| Cash Ratio | 3.11 | 2.05 | 0.00 |
| Working Capital | Skr55.85 Million | Skr23.36 Million | Skr115.11 Million |
Minesto AB - Advanced Valuation Insights
This section examines the relationship between Minesto AB'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 | 0.35 |
| Latest Market Cap to Assets Ratio | 0.07 |
| Asset Growth Rate (YoY) | 11.3% |
| Total Assets | Skr652.60 Million |
| Market Capitalization | $42.93 Million USD |
Valuation Analysis
Below Book Valuation: The market values Minesto AB's assets below their book value (0.07x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Minesto AB's assets grew by 11.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Minesto AB (2013–2025)
The table below shows the annual total assets of Minesto AB from 2013 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | Skr652.60 Million ≈ $70.23 Million |
+11.33% |
| 2024-12-31 | Skr586.19 Million ≈ $63.08 Million |
+6.17% |
| 2023-12-31 | Skr552.14 Million ≈ $59.42 Million |
+13.57% |
| 2022-12-31 | Skr486.18 Million ≈ $52.32 Million |
-13.11% |
| 2021-12-31 | Skr559.50 Million ≈ $60.21 Million |
+30.08% |
| 2020-12-31 | Skr430.14 Million ≈ $46.29 Million |
+0.37% |
| 2019-12-31 | Skr428.57 Million ≈ $46.12 Million |
+32.05% |
| 2018-12-31 | Skr324.55 Million ≈ $34.93 Million |
+14.98% |
| 2017-12-31 | Skr282.27 Million ≈ $30.38 Million |
+29.58% |
| 2016-12-31 | Skr217.83 Million ≈ $23.44 Million |
+0.01% |
| 2015-12-31 | Skr217.81 Million ≈ $23.44 Million |
+136.90% |
| 2014-12-31 | Skr91.94 Million ≈ $9.89 Million |
+31.38% |
| 2013-12-31 | Skr69.98 Million ≈ $7.53 Million |
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About Minesto AB
Minesto AB (publ), together with its subsidiaries, operates as a marine energy developer in Sweden, Wales, the Faroe Islands, Northern Ireland, and Taiwan. The company offers kite system turbines, which produces electricity from tidal streams and ocean currents. It also provides site development, operations, and maintenance services. Minesto AB (publ) was incorporated in 2007 and is headquartered… Read more