Bullpen Parlay Acquisition Co Unit (BPACU) - Net Assets

Latest as of December 2025: $57.04 Million USD

Based on the latest financial reports, Bullpen Parlay Acquisition Co Unit (BPACU) 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.

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 Unit - Net Assets Trend (2021–2025)

This chart illustrates how Bullpen Parlay Acquisition Co Unit's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Bullpen Parlay Acquisition Co Unit (2021–2025)

The table below shows the annual net assets of Bullpen Parlay Acquisition Co Unit from 2021 to 2025.

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 Unit'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 Unit Competitors by Market Cap

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Bullpen Parlay Acquisition Co Unit'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 Unit'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: 1.28x
  • 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 $9.92 x
2022-12-31 $9.92 $9.92 x
2025-12-31 $7.72 $9.92 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Bullpen Parlay Acquisition Co Unit 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 Unit's net assets metrics with peer companies in the Investment Banking & Investment Services industry.

Industry Context

  • Industry: Investment Banking & Investment Services
  • Average net assets among peers: $24,947,679,500
  • Average return on equity (ROE) among peers: 2.87%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Bullpen Parlay Acquisition Co Unit (BPACU) $57.04 Million -0.12% 0.02x $991.50
Amg Cap Tr Ii (AATRL) $602.36 Million 9.29% 1.06x $451.84K
Merrill Lynch Depositor Inc. (IPB) $49.29 Billion -3.55% 10.28x $2.57K

About Bullpen Parlay Acquisition Co Unit

NASDAQ:BPACU USA Investment Banking & Investment Services
Market Cap
$991.50
Market Cap Rank
#44249 Global
#14591 in USA
Share Price
$9.92
Change (1 day)
+0.00%
52-Week Range
$9.92 - $9.92
All Time High
$9.92
About

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