Bullpen Parlay Acquisition Co (BPAC) - Net Assets
Based on the latest financial reports, Bullpen Parlay Acquisition Co (BPAC) has net assets worth $57.04 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($58.33 Million) and total liabilities ($1.29 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Read Bullpen Parlay Acquisition Co (BPAC) financial obligations for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $57.04 Million |
| % of Total Assets | 97.8% |
| Annual Growth Rate | -27.97% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 41.32 |
Bullpen Parlay Acquisition Co - Net Assets Trend (2021–2025)
This chart illustrates how Bullpen Parlay Acquisition Co's net assets have evolved over time, based on quarterly financial data. Also explore Bullpen Parlay Acquisition Co (BPAC) total assets for the complete picture of this company's asset base.
Annual Net Assets for Bullpen Parlay Acquisition Co (2021–2025)
The table below shows the annual net assets of Bullpen Parlay Acquisition Co from 2021 to 2025. For live valuation and market cap data, see BPAC stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $57.04 Million | -74.99% |
| 2022-12-31 | $228.06 Million | +7.64% |
| 2021-12-31 | $211.86 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bullpen Parlay Acquisition Co's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 2271872900.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $57.06 Million | 100.03% |
| Total Equity | $57.04 Million | 100.00% |
Bullpen Parlay Acquisition Co Competitors by Market Cap
The table below lists competitors of Bullpen Parlay Acquisition Co ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Enablence Technologies Inc
V:ENA
|
$74.29 Million |
|
Can One Bhd
KLSE:5105
|
$74.29 Million |
|
Novita S.A.
WAR:NVT
|
$74.31 Million |
|
Welspun Investments and Commercials Limited
NSE:WELINV
|
$74.31 Million |
|
Al-Salam Real Estate Investment Trust
KLSE:5269
|
$74.27 Million |
|
Wellell Inc
TW:4106
|
$74.24 Million |
|
De Poan Pneumatic
TWO:1570
|
$74.23 Million |
|
Inzi Controls
KO:023800
|
$74.22 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bullpen Parlay Acquisition Co's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2025, total equity changed from 228,056,977 to 57,042,561, a change of -171,014,416 (-75.0%).
- Net loss of 19,738 reduced equity.
- New share issuances of 59,472,500 increased equity.
- Other factors decreased equity by 230,467,178.
Equity Change Factors (2022 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-19.74K | -0.03% |
| Share Issuances | $59.47 Million | +104.26% |
| Other Changes | $-230.47 Million | -404.03% |
| Total Change | $- | -74.99% |
Book Value vs Market Value Analysis
This analysis compares Bullpen Parlay Acquisition Co's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.29x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | $7.37 | $9.98 | x |
| 2022-12-31 | $9.92 | $9.98 | x |
| 2025-12-31 | $7.72 | $9.98 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bullpen Parlay Acquisition Co utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -0.03%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.02x
- Recent ROE (-0.03%) is below the historical average (2.19%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -0.12% | 0.00% | 0.00x | 1.12x | $-21.44 Million |
| 2022 | 6.71% | 0.00% | 0.00x | 1.04x | $-7.50 Million |
| 2025 | -0.03% | 0.00% | 0.00x | 1.02x | $-5.72 Million |
Industry Comparison
This section compares Bullpen Parlay Acquisition Co's net assets metrics with peer companies in the Investment Holding Companies industry.
Industry Context
- Industry: Investment Holding Companies
- Average net assets among peers: $83,581,866
- Average return on equity (ROE) among peers: 1.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bullpen Parlay Acquisition Co (BPAC) | $57.04 Million | -0.12% | 0.02x | $74.29 Million |
| Colombier Acquisition Corp. II (CLBR) | $167.14 Million | 3.47% | 0.05x | $226.32 Million |
| FACT II Acquisition Corp. Class A Ordinary Shares (FACT) | $19.51K | 0.00% | 5.55x | $126.58 Million |
About Bullpen Parlay Acquisition Co
Bullpen Parlay Acquisition Company does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more operating businesses or assets in the field of online real money gaming, technology, sports, digital media, hospitality, and leisure. The company was incorporated in 2021 and is b… Read more