Mirland Development Corporation PLC
MirLand Development Corporation Plc acquires, develops, constructs, leases, and sells commercial and residential real estate properties in Russia. Its projects portfolio consists of residential, office, retail, and logistics properties. The company was incorporated in 2004 and is headquartered in Limassol, Cyprus.
Mirland Development Corporation PLC (MLD) - Total Assets
Latest total assets as of September 2025: ILA19.99 Million ILA
Based on the latest financial reports, Mirland Development Corporation PLC (MLD) holds total assets worth ILA19.99 Million ILA 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.
Mirland Development Corporation PLC - Total Assets Trend (2005–2024)
This chart illustrates how Mirland Development Corporation PLC’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Mirland Development Corporation PLC - Asset Composition Analysis
Current Asset Composition (December 2024)
Mirland Development Corporation PLC's total assets of ILA19.99 Million consist of 45.6% current assets and 54.5% non-current assets.
| Asset Category | Amount (ILA) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ILA0.00 | 0.9% |
| Accounts Receivable | ILA970.00K | 6.1% |
| Inventory | ILA1.89 Million | 11.8% |
| Property, Plant & Equipment | ILA0.00 | 0.0% |
| Intangible Assets | ILA0.00 | 0.0% |
| Goodwill | ILA0.00 | 0.0% |
Asset Composition Trend (2005–2024)
This chart illustrates how Mirland Development Corporation PLC'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: Mirland Development Corporation PLC's current assets represent 45.6% of total assets in 2024, an increase from 1.7% in 2005.
- Cash Position: Cash and equivalents constituted 0.9% of total assets in 2024, down from 1.3% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2005.
- Asset Diversification: The largest asset category is inventory at 11.8% of total assets.
Mirland Development Corporation PLC Competitors by Total Assets
Key competitors of Mirland Development Corporation PLC based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Altus Property Ventures Inc
PSE:APVI
|
Philippines | ₱984.79 Million |
|
Megaworld Corp
PSE:MEG
|
Philippines | ₱433.36 Billion |
|
ArthaLand Corp
PSE:ALCO
|
Philippines | ₱36.39 Billion |
|
ArthaLand Corp Preferred Series D
PSE:ALCPD
|
Philippines | ₱33.73 Billion |
|
Anchor Land Holdings Inc
PSE:ALHI
|
Philippines | ₱37.54 Billion |
|
Armidian Karyatama Tbk PT
JK:ARMY
|
Indonesia | Rp1.71 Trillion |
|
Arena Star Group Ltd
TA:ARNA
|
Israel | ILA1.25 Billion |
|
ATN Holdings Inc B
PSE:ATNB
|
Philippines | ₱3.77 Billion |
Mirland Development Corporation PLC - 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 - Mirland Development Corporation PLC generates 0.49x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Mirland Development Corporation PLC is currently not profitable relative to its asset base.
Mirland Development Corporation PLC - 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 | 0.27 | 0.33 | 0.31 |
| Quick Ratio | 0.22 | 0.21 | 0.12 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ILA-26.11 Million | ILA -64.85 Million | ILA -187.96 Million |
Mirland Development Corporation PLC - Advanced Valuation Insights
This section examines the relationship between Mirland Development Corporation PLC'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 | 0.01 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -70.0% |
| Total Assets | ILA15.98 Million |
| Market Capitalization | $861.40 USD |
Valuation Analysis
Below Book Valuation: The market values Mirland Development Corporation PLC's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Mirland Development Corporation PLC's assets decreased by 70.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Mirland Development Corporation PLC (2005–2024)
The table below shows the annual total assets of Mirland Development Corporation PLC from 2005 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ILA15.98 Million | -70.02% |
| 2023-12-31 | ILA53.29 Million | -84.92% |
| 2019-12-31 | ILA353.32 Million | -3.71% |
| 2018-12-31 | ILA366.95 Million | -36.19% |
| 2017-12-31 | ILA575.03 Million | +11.17% |
| 2016-12-31 | ILA517.24 Million | -10.49% |
| 2015-12-31 | ILA577.84 Million | -23.63% |
| 2014-12-31 | ILA756.61 Million | -11.31% |
| 2013-12-31 | ILA853.07 Million | +10.33% |
| 2012-12-31 | ILA773.22 Million | +4.54% |
| 2011-12-31 | ILA739.61 Million | +4.99% |
| 2010-12-31 | ILA704.49 Million | +16.39% |
| 2009-12-31 | ILA605.26 Million | +14.21% |
| 2008-12-31 | ILA529.95 Million | -19.47% |
| 2007-12-31 | ILA658.04 Million | +38.38% |
| 2006-12-31 | ILA475.55 Million | +852.46% |
| 2005-12-31 | ILA49.93 Million | -- |