ClimateRock Right
ClimateRock focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to pursue an initial business combination within climate change, environment, renewable energy and emerging, and clean technologies. The company was incorporated in 2021 and is based in London, the United Kingdom.
ClimateRock Right (CLRCR) - Net Assets
Latest net assets as of September 2024: $21.25 Million USD
Based on the latest financial reports, ClimateRock Right (CLRCR) has net assets worth $21.25 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($28.92 Million) and total liabilities ($7.67 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 | $21.25 Million |
| % of Total Assets | 73.47% |
| Annual Growth Rate | 3271.28% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 191670.34 |
ClimateRock Right - Net Assets Trend (2021–2023)
This chart illustrates how ClimateRock Right's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ClimateRock Right (2021–2023)
The table below shows the annual net assets of ClimateRock Right from 2021 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $22.93 Million | -70.50% |
| 2022-12-31 | $77.71 Million | +383270.18% |
| 2021-12-31 | $20.27K | -- |
Equity Component Analysis
This analysis shows how different components contribute to ClimateRock Right'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 decreased by 557646200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $28.51 Million | 124.34% |
| Total Equity | $22.93 Million | 100.00% |
ClimateRock Right Competitors by Market Cap
The table below lists competitors of ClimateRock Right ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Quest Products Corp
OTCQB:QPRC
|
$312.98K |
|
VERBIO VGT BIOENERG
MU:VBK
|
$313.00K |
|
Infinico Metals Corp.
V:INFM
|
$313.22K |
|
Lombard et Medot SA
PA:MLCAC
|
$313.24K |
|
Lithoquest Resources Inc
PINK:CWVWF
|
$312.89K |
|
Acenta Group AB
ST:PADEL
|
$312.82K |
|
Metgasco Ltd
AU:MEL
|
$312.72K |
|
Sarawak Cable Bhd
KLSE:5170
|
$312.56K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ClimateRock Right's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 77,709,135 to 22,927,231, a change of -54,781,904 (-70.5%).
- Net income of 483,430 contributed positively to equity growth.
- Dividend payments of 2,134,446 reduced retained earnings.
- Share repurchases of 55,265,334 reduced equity.
- Other factors increased equity by 2,134,446.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $483.43K | +2.11% |
| Dividends Paid | $2.13 Million | -9.31% |
| Share Repurchases | $55.27 Million | -241.05% |
| Other Changes | $2.13 Million | +9.31% |
| Total Change | $- | -70.50% |
Book Value vs Market Value Analysis
This analysis compares ClimateRock Right'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: 0.06x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 175.99x to 0.06x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | $0.00 | $0.21 | x |
| 2022-12-31 | $7.80 | $0.21 | x |
| 2023-12-31 | $3.61 | $0.21 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ClimateRock Right 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): 2.11%
- 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: 1.25x
- Recent ROE (2.11%) is above the historical average (-7.81%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -23.33% | 0.00% | 0.00x | 4.11x | $-6.76K |
| 2022 | -2.19% | 0.00% | 0.00x | 1.05x | $-9.48 Million |
| 2023 | 2.11% | 0.00% | 0.00x | 1.25x | $-1.81 Million |
Industry Comparison
This section compares ClimateRock Right's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ClimateRock Right (CLRCR) | $21.25 Million | -23.33% | 0.36x | $312.92K |
| Abcam plc (ABCZF) | $726.90 Million | -1.17% | 0.45x | $5.00 Billion |
| Able View Global Inc. Warrant (ABLVW) | $11.42 Million | 85.41% | 3.81x | $277.93K |
| Above Food Ingredients Inc. Warrants (ABVEW) | $199.86 Million | -2.89% | 0.00x | $6.25 Million |
| Adamas Trust, Inc. (ADAMG) | $2.43 Billion | 7.94% | 1.33x | $2.09 Billion |
| ADS-TEC ENERGY PLC Warrant (ADSEW) | $33.92 Million | -162.39% | 2.67x | $10.06 Million |
| Alliance Entertainment Holding Corporation Warrants (AENTW) | $52.92 Million | 10.13% | 4.23x | $2.29 Million |
| Forafric Global PLC Warrants (AFRIW) | $5.32 Million | -457.58% | 45.29x | $2.67 Million |
| Centurion Acquisition Corp. Warrant (ALFUW) | $282.84 Million | 1.97% | 0.05x | $4.81 Million |
| Alliance Trust PLC (ALITF) | $4.04 Billion | 10.04% | 0.29x | $112.87K |
| Alvotech Warrant (ALVOW) | $-564.42 Million | 0.00% | 0.00x | $35.01 Million |