More Provident Funds (MPP) - Total Assets
Based on the latest financial reports, More Provident Funds (MPP) holds total assets worth ILA523.36 Million ILA (≈ $1.40 Million USD) as of June 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. Check More Provident Funds cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
More Provident Funds - Total Assets Trend (2019–2024)
This chart illustrates how More Provident Funds's total assets have evolved over time, based on quarterly financial data. Check MPP cash flow quality score to evaluate the quality of earnings relative to operating cash generation.
More Provident Funds - Asset Composition Analysis
Current Asset Composition (December 2024)
More Provident Funds's total assets of ILA523.36 Million consist of 17.7% current assets and 82.3% non-current assets.
| Asset Category | Amount (ILA) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ILA0.00 | 6.2% |
| Accounts Receivable | ILA53.56 Million | 10.6% |
| Inventory | ILA0.00 | 0.0% |
| Property, Plant & Equipment | ILA0.00 | 0.0% |
| Intangible Assets | ILA7.57 Million | 1.5% |
| Goodwill | ILA0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how More Provident Funds'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 market value of More Provident Funds.
Key Asset Composition Facts
- Current vs. Non-Current Assets: More Provident Funds's current assets represent 17.7% of total assets in 2024, a decrease from 57.4% in 2019.
- Cash Position: Cash and equivalents constituted 6.2% of total assets in 2024, down from 43.5% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, a decrease from 3.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 10.6% of total assets.
More Provident Funds Competitors by Total Assets
Key competitors of More Provident Funds based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
A.F.P. Provida
SN:PROVIDA
|
Chile | CL$1.39 Trillion |
|
Destiny Tech100 Inc.
NYSE:DXYZ
|
USA | $441.37 Million |
|
CI Financial Corp
TO:CIX
|
Canada | CA$11.01 Billion |
|
TPG Inc
NASDAQ:TPG
|
USA | $13.31 Billion |
|
Argo Investments Ltd
AU:ARG
|
Australia | AU$7.91 Billion |
|
A.F.P. Habitat
SN:HABITAT
|
Chile | CL$772.89 Billion |
|
Blackrock Multi Sector Income Closed Fund
NYSE:BIT
|
USA | $1.14 Billion |
|
BH Macro Limited
LSE:BHMG
|
UK | £2.10 Billion |
More Provident Funds - 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 | 1.66 | 3.01 | 2.13 |
| Quick Ratio | 1.66 | 3.01 | 2.13 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ILA65.11 Million | ILA142.12 Million | ILA103.27 Million |
More Provident Funds - Advanced Valuation Insights
This section examines the relationship between More Provident Funds'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 | 7.72 |
| Latest Market Cap to Assets Ratio | 1.11 |
| Asset Growth Rate (YoY) | -0.5% |
| Total Assets | ILA503.45 Million |
| Market Capitalization | $557.12 Million USD |
Valuation Analysis
Above Book Valuation: The market values More Provident Funds's assets above their book value (1.11x), reflecting positive investor sentiment about the company's future prospects.
Slight Asset Contraction: More Provident Funds's assets decreased by 0.5% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for More Provident Funds (2019–2024)
The table below shows the annual total assets of More Provident Funds from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ILA503.45 Million ≈ $1.35 Million |
-0.46% |
| 2023-12-31 | ILA505.75 Million ≈ $1.36 Million |
-1.42% |
| 2022-12-31 | ILA513.06 Million ≈ $1.38 Million |
+120.21% |
| 2021-12-31 | ILA232.99 Million ≈ $624.63K |
+249.50% |
| 2020-12-31 | ILA66.66 Million ≈ $178.72K |
+344.54% |
| 2019-12-31 | ILA15.00 Million ≈ $40.20K |
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About More Provident Funds
More Provident Funds Ltd. manages provident and pension funds in Israel. The company offers provident funds for rewards and compensations, savings, education, training, and investments, as well as for saving plans for a child; and general and comprehensive pension funds. More Provident Funds Ltd. was incorporated in 2013 and is based in Ramat Gan, Israel.