Methes Energies International Net Tangible Assets

Methes Energies International posts a net tangible assets of $5.6M as of August 2024. That compares with $5.7M in the prior-year period — down 2.3% year over year. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Methes Energies International's net tangible assets was $5.7M. The latest reading is $5.6M — a 2.3% year-over-year decrease (period ending August 2024). Use the history and growth charts on this page for a longer lookback.

Net Tangible Assets is one piece of Methes Energies International's financial statement story. At $5.6M, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for MEIL's net tangible assets usually means three checks: (1) trend versus prior periods, (2) level versus peers, and (3) consistency with growth and profitability. This page covers the first two; Methes Energies International's other metric pages and overview cover the third.