MagForce AG Total Assets
MagForce AG total assets. Based on the latest financial reports, MagForce AG (MF6) holds total assets worth €62.83 Million EUR (≈ $73.45 Million USD) as of December 2021. 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. Also see market value of MagForce AG for the company's overall valuation and market capitalisation.
Total Assets of MagForce AG (2018–2021)
Total assets of MagForce AG from 2018 to 2021. This chart illustrates how MagForce AG's total assets have evolved over time, based on quarterly financial data. See today's stock price for MagForce AG for real-time trading data and today's change.
MagForce AG - Asset Composition Analysis
MagForce AG Total Assets Breakdown (December 2021)
MagForce AG total assets breakdown as of December 2021. MagForce AG's total assets of €62.83 Million consist of 1.8% current assets and 98.2% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 0.2% |
| Accounts Receivable | €244.89K | 0.4% |
| Inventory | €226.66K | 0.4% |
| Property, Plant & Equipment | €2.11 Million | 3.4% |
| Intangible Assets | €1.96 Million | 3.1% |
| Goodwill | €0.00 | 0.0% |
Asset Composition Trend (2018–2021)
This chart illustrates how MagForce 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. Explore MF6 current assets to equity ratio to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: MagForce AG's current assets represent 1.8% of total assets in 2021, a decrease from 7.0% in 2018.
- Cash Position: Cash and equivalents constituted 0.2% of total assets in 2021, down from 4.0% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 0.0% in 2018.
- Asset Diversification: The largest asset category is property, plant & equipment at 3.4% of total assets.
MagForce AG Competitors by Total Assets
Key competitors of MagForce AG based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Double Medical Technology Inc
SHE:002901
|
China | CN¥5.03 Billion |
|
Xiangyu Medical Co. Ltd. A
SHG:688626
|
China | CN¥3.27 Billion |
|
HOB Biotech Group Corp Ltd
SHG:688656
|
China | CN¥916.43 Million |
|
Tellgen Corp
SHE:300642
|
China | CN¥2.01 Billion |
|
Dirui Industrial Co Ltd
SHE:300396
|
China | CN¥2.57 Billion |
|
EBR Systems Inc
AU:EBR
|
Australia | AU$97.29 Million |
|
Pulsenmore Ltd
TA:PULS
|
Israel | ILA120.34 Million |
|
Adherium Ltd
AU:ADR
|
Australia | AU$4.16 Million |
MagForce 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 | 0.13 | 0.18 | 0.18 |
| Quick Ratio | 0.10 | 0.15 | 0.15 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €-7.61 Million | €-9.77 Million | €-9.77 Million |
MagForce AG - Advanced Valuation Insights
This section examines the relationship between MagForce 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 | 0.00 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -4.2% |
| Total Assets | €62.83 Million |
| Market Capitalization | $122.48K USD |
Valuation Analysis
Below Book Valuation: The market values MagForce AG's assets below their book value (0.00x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: MagForce AG's assets decreased by 4.2% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for MagForce AG (2018–2021)
The table below shows the annual total assets of MagForce AG from 2018 to 2021.
| Year | Total Assets | Change |
|---|---|---|
| 2021-12-31 | €62.83 Million ≈ $73.45 Million |
-4.21% |
| 2020-12-31 | €65.59 Million ≈ $76.68 Million |
+78.92% |
| 2019-12-31 | €36.66 Million ≈ $42.86 Million |
-1.28% |
| 2018-12-31 | €37.13 Million ≈ $43.41 Million |
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About MagForce AG
MagForce AG develops advanced nanomedicine for cancer therapies. It offers NanoTherm therapy system, a combination of medical devices for the treatment of solid brain tumors; NanoPlan, a software that stimulates the temperature distribution in the treatment area; NanoTherm, a magnetic ferrofluid; and NanoActivator, a magnetic field generator. MagForce AG was founded in 1997 and is headquartered i… Read more