Marblegate Acquisition Corp (GATE) - Net Assets
Based on the latest financial reports, Marblegate Acquisition Corp (GATE) has net assets worth $-20.05 Million USD as of March 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.17 Million) and total liabilities ($24.23 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 Marblegate Acquisition Corp (GATE) financial obligations for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-20.05 Million |
| % of Total Assets | -480.45% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Marblegate Acquisition Corp - Net Assets Trend (2020–2024)
This chart illustrates how Marblegate Acquisition Corp's net assets have evolved over time, based on quarterly financial data. Also explore Marblegate Acquisition Corp (GATE) total assets for the complete picture of this company's asset base.
Annual Net Assets for Marblegate Acquisition Corp (2020–2024)
The table below shows the annual net assets of Marblegate Acquisition Corp from 2020 to 2024. For live valuation and market cap data, see how much is Marblegate Acquisition Corp worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-20.05 Million | -36.40% |
| 2023-12-31 | $-14.70 Million | -172.51% |
| 2022-12-31 | $-5.40 Million | -101.88% |
| 2021-12-31 | $286.88 Million | +28688456.90% |
| 2020-12-31 | $-1.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Marblegate Acquisition Corp'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 2408645100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $4.03 Million | % |
| Other Components | $491.00 | % |
| Total Equity | $-20.05 Million | 100.00% |
Marblegate Acquisition Corp Competitors by Market Cap
The table below lists competitors of Marblegate Acquisition Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Binh Dinh Pharmaceutical and Medical Equipment JSC
VN:DBD
|
$179.14 Million |
|
Radcom Ltd
NASDAQ:RDCM
|
$179.15 Million |
|
Coveo Solutions Inc
TO:CVO
|
$179.34 Million |
|
RADCOM Ltd
F:RAM
|
$179.51 Million |
|
Yatra Online Limited
NSE:YATRA
|
$179.10 Million |
|
Doktas Dokumculuk Ticaret ve Sanayi AS
IS:DOKTA
|
$179.10 Million |
|
Digi Power X Inc.
V:DGX
|
$179.06 Million |
|
Capricorn Energy PLC
LSE:CNE
|
$179.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Marblegate Acquisition Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -14,703,055 to -20,054,850, a change of -5,351,795.
- Net loss of 2,395,000 reduced equity.
- Share repurchases of 2,927,998 reduced equity.
- Other factors decreased equity by 28,797.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.40 Million | -11.94% |
| Share Repurchases | $2.93 Million | -14.6% |
| Other Changes | $-28.80K | -0.14% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Marblegate Acquisition Corp'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $0.00 | $36.05 | x |
| 2021-12-31 | $6.96 | $36.05 | x |
| 2022-12-31 | $-0.14 | $36.05 | x |
| 2023-12-31 | $-1.22 | $36.05 | x |
| 2024-12-31 | $-0.36 | $36.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Marblegate Acquisition Corp 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): 0.00%
- 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: 0.00x
- Recent ROE (0.00%) is above the historical average (-0.02%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-900.00 |
| 2021 | -0.09% | 0.00% | 0.00x | 1.05x | $-28.96 Million |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $1.77 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-3.92 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-389.51K |
Industry Comparison
This section compares Marblegate Acquisition Corp's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $224,857,490
- Average return on equity (ROE) among peers: 3.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Marblegate Acquisition Corp (GATE) | $-20.05 Million | 0.00% | N/A | $179.10 Million |
| Artius II Acquisition Inc. Class A Ordinary Shares (AACB) | $-60.27K | 0.00% | 0.00x | $230.18 Million |
| Artius II Acquisition Inc. Units (AACBU) | $-60.27K | 0.00% | 0.00x | $265.09 Million |
| Ares Acquisition Corporation II (AACT) | $11.15K | -0.14% | 45.93x | $587.05 Million |
| AA Mission Acquisition Corp. (AAM) | $1.54 Billion | 21.89% | 4.12x | $409.92K |
| Altenergy Acquisition Corp (AEAE) | $214.04 Million | 5.44% | 0.10x | $72.25 Million |
| Activate Energy Acquisition Corp. Class A Ordinary Share (AEAQ) | $223.53 Million | 0.00% | 0.04x | $235.74 Million |
| Aimei Health Technology Co., Ltd Ordinary Share (AFJK) | $69.76 Million | 0.25% | 0.01x | $163.82 Million |
| Aifeex Nexus Acquisition Corporation (AIFE) | $86.16 Million | -0.10% | 0.01x | $91.13 Million |
| AI TRANSPORTATION ACQUISITION CORP Ordinary shares (AITR) | $-4.24K | 0.00% | 0.00x | $86.22 Million |
| Alchemy Investments Acquisition Corp 1 Class A Ordinary Shares (ALCY) | $115.20 Million | 2.86% | 0.05x | $49.57 Million |
About Marblegate Acquisition Corp
Marblegate Acquisition Corp. does not have significant operations. It focuses on effectuating a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in Rye, New York.