M Split Corp
M Split Corp. is a close-ended equity mutual fund launched and managed by Quadravest Capital Management Inc. It invests in the public equity markets of Canada. The fund invests in the stocks of companies engaged in the financial sector. It invests its entire corpus in the stock of Manulife Financial Corp. The fund benchmarks the performance of its portfolio against the S&P TSX Financial index. M … Read more
M Split Corp (XMF-A) - Total Assets
Latest total assets as of May 2025: CA$12.71 Million CAD
Based on the latest financial reports, M Split Corp (XMF-A) holds total assets worth CA$12.71 Million CAD as of May 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.
M Split Corp - Total Assets Trend (2008–2024)
This chart illustrates how M Split Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
M Split Corp - Asset Composition Analysis
Current Asset Composition (November 2024)
M Split Corp's total assets of CA$12.71 Million consist of 99.3% current assets and 0.8% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 14.9% |
| Accounts Receivable | CA$175.03K | 0.8% |
| Inventory | CA$0.00 | 0.0% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$0.00 | 0.0% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2008–2024)
This chart illustrates how M Split Corp'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: M Split Corp's current assets represent 99.3% of total assets in 2024, an increase from 6.8% in 2008.
- Cash Position: Cash and equivalents constituted 14.9% of total assets in 2024, up from 6.1% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2008.
- Asset Diversification: The largest asset category is accounts receivable at 0.8% of total assets.
M Split Corp Competitors by Total Assets
Key competitors of M Split Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Jindal Poly Investment and Finance Company Limited
NSE:JPOLYINVST
|
India | ₹16.78 Billion |
|
Gibui Holdings Ltd
TA:GIBUI
|
Israel | ILA445.00 Million |
|
Digital 9 Infrastructure PLC
LSE:DGI9
|
UK | GBX287.45 Million |
|
Angel Oak Financial Strategies Income Term Trust
NYSE:FINS
|
USA | $486.05 Million |
|
Global Data Centre Group
AU:GDC
|
Australia | AU$151.04 Million |
|
Hearts and Minds Investments Ltd
AU:HM1
|
Australia | AU$857.95 Million |
|
MainStay CBRE Global Infrastructure Megatrends Fund
NYSE:MEGI
|
USA | $1.07 Billion |
|
Nippon Active Value Fund Plc
LSE:NAVF
|
UK | GBX390.96 Million |
M Split Corp - 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
Lower asset utilization - M Split Corp generates 0.07x 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, M Split Corp generates $ 1.31 in net profit.
M Split Corp - 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 | 1.00 | 1.00 | 6.70 |
| Quick Ratio | 1.00 | 1.00 | 6.70 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$0.00 | CA$ 0.00 | CA$ 405.63K |
M Split Corp - Advanced Valuation Insights
This section examines the relationship between M Split Corp'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 | 3.74 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 53.6% |
| Total Assets | CA$23.25 Million |
| Market Capitalization | $5.04K USD |
Valuation Analysis
Below Book Valuation: The market values M Split Corp's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: M Split Corp's assets grew by 53.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for M Split Corp (2008–2024)
The table below shows the annual total assets of M Split Corp from 2008 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-11-30 | CA$23.25 Million | +53.58% |
| 2023-11-30 | CA$15.14 Million | +4.32% |
| 2022-11-30 | CA$14.51 Million | +2.74% |
| 2021-11-30 | CA$14.13 Million | -2.16% |
| 2020-11-30 | CA$14.44 Million | -42.21% |
| 2019-11-30 | CA$24.99 Million | +10.70% |
| 2018-11-30 | CA$22.57 Million | -19.38% |
| 2017-11-30 | CA$28.00 Million | +10.61% |
| 2016-11-30 | CA$25.31 Million | +3.47% |
| 2015-11-30 | CA$24.46 Million | -12.40% |
| 2014-11-30 | CA$27.92 Million | +27.60% |
| 2013-11-30 | CA$21.88 Million | +46.37% |
| 2012-11-30 | CA$14.95 Million | +10.35% |
| 2011-11-30 | CA$13.55 Million | -25.48% |
| 2010-11-30 | CA$18.18 Million | -36.55% |
| 2009-11-30 | CA$28.66 Million | -32.61% |
| 2008-11-30 | CA$42.52 Million | -- |