Metal Energy Corp (MERG) - Total Assets
Based on the latest financial reports, Metal Energy Corp (MERG) holds total assets worth CA$579.56K CAD (≈ $419.25K USD) 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. See MERG book value for net asset value and shareholders' equity analysis.
Metal Energy Corp - Total Assets Trend (2021–2024)
This chart illustrates how Metal Energy Corp's total assets have evolved over time, based on quarterly financial data.
Metal Energy Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Metal Energy Corp's total assets of CA$579.56K consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 94.3% |
| Accounts Receivable | CA$37.30K | 2.7% |
| 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 (2021–2024)
This chart illustrates how Metal Energy 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. For live market cap, price, and company overview, see Metal Energy Corp (MERG) total market value.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Metal Energy Corp's current assets represent 100.0% of total assets in 2024, unchanged from 100.0% in 2021.
- Cash Position: Cash and equivalents constituted 94.3% of total assets in 2024, down from 99.2% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
- Asset Diversification: The largest asset category is accounts receivable at 2.7% of total assets.
Metal Energy Corp Competitors by Total Assets
Key competitors of Metal Energy Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Pilbara Minerals Ltd
AU:PLS
|
Australia | AU$4.70 Billion |
|
Almonty Industries Inc
AU:AII
|
Australia | AU$589.73 Million |
|
Almonty Industries Inc
TO:AII
|
Canada | CA$433.14 Million |
|
Nanning Chemical Industry Co Ltd
SHG:600301
|
China | CN¥8.36 Billion |
|
Rising Nonferrous Metals Share Co Ltd
SHG:600259
|
China | CN¥8.11 Billion |
|
Yunnan Chihong Zinc&Germanium Co Ltd
SHG:600497
|
China | CN¥25.91 Billion |
|
Sichuan Yahua Industrial Group Co Ltd
SHE:002497
|
China | CN¥14.48 Billion |
|
Skeena Resources Ltd
TO:SKE
|
Canada | CA$647.20 Million |
Metal Energy Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.61 | 15.21 | 22.63 |
| Quick Ratio | 0.61 | 15.21 | 22.63 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-368.59K | CA$783.93K | CA$108.14K |
Metal Energy Corp - Advanced Valuation Insights
This section examines the relationship between Metal Energy 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 | 1.80 |
| Latest Market Cap to Assets Ratio | 14.25 |
| Asset Growth Rate (YoY) | -25.4% |
| Total Assets | CA$1.38 Million |
| Market Capitalization | $19.60 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Metal Energy Corp's assets at a significant premium (14.25x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Metal Energy Corp's assets decreased by 25.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Metal Energy Corp (2021–2024)
The table below shows the annual total assets of Metal Energy Corp from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$1.38 Million ≈ $995.08K |
-25.37% |
| 2023-12-31 | CA$1.84 Million ≈ $1.33 Million |
-41.73% |
| 2022-12-31 | CA$3.16 Million ≈ $2.29 Million |
-55.25% |
| 2021-12-31 | CA$7.07 Million ≈ $5.11 Million |
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About Metal Energy Corp
Metal Energy Corp. engages in the acquisition and exploration of mineral properties in Canada. It explores for lithium, nickel, copper, and cobalt deposits, as well as platinum group elements. The company holds interests in the Manibridge project that covers an area of approximately 4,368 hectares located in the Thompson Nickel Belt of Manitoba; and the Highland Valley Copper project situated in … Read more