Global Star Acquisition, Inc. Warrants
Global Star Acquisition, Inc. does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2019 and is based in McLean, Virginia.
Global Star Acquisition, Inc. Warrants (GLSTW) - Net Assets
Latest net assets as of September 2024: $4.95 Million USD
Based on the latest financial reports, Global Star Acquisition, Inc. Warrants (GLSTW) has net assets worth $4.95 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 ($13.34 Million) and total liabilities ($8.39 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 | $4.95 Million |
| % of Total Assets | 37.1% |
| Annual Growth Rate | 1186.64% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 197288.23 |
Global Star Acquisition, Inc. Warrants - Net Assets Trend (2020–2023)
This chart illustrates how Global Star Acquisition, Inc. Warrants's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Global Star Acquisition, Inc. Warrants (2020–2023)
The table below shows the annual net assets of Global Star Acquisition, Inc. Warrants from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $50.41 Million | -45.49% |
| 2022-12-31 | $92.47 Million | +418485.23% |
| 2021-12-31 | $22.09K | -7.14% |
| 2020-12-31 | $23.79K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Global Star Acquisition, Inc. Warrants'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 516826500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $55.58 Million | 110.26% |
| Total Equity | $50.41 Million | 100.00% |
Global Star Acquisition, Inc. Warrants Competitors by Market Cap
The table below lists competitors of Global Star Acquisition, Inc. Warrants ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hacksaw AB
F:51R
|
$50.49K |
|
HYRICAN INFO.SYSTEM
MU:HYI
|
$50.56K |
|
Crest Nicholson Holdings plc
LSE:CRST
|
$50.59K |
|
XPLORA TECHNO.AS NK 0004
F:86P
|
$50.60K |
|
Flowerkist Skin Care & Cosmetics Inc
PINK:FKST
|
$50.34K |
|
Finaxo Environnement Societe Anonyme
PA:MLFXO
|
$50.30K |
|
Griffin Mining
LSE:GFM
|
$50.28K |
|
West Island Brands Inc
PINK:WIBFF
|
$50.21K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Global Star Acquisition, Inc. Warrants's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 92,469,663 to 50,406,207, a change of -42,063,456 (-45.5%).
- Net income of 1,450,652 contributed positively to equity growth.
- Dividend payments of 41,158,140 reduced retained earnings.
- Share repurchases of 42,680,726 reduced equity.
- New share issuances of 12,800,000 increased equity.
- Other factors increased equity by 27,524,758.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.45 Million | +2.88% |
| Dividends Paid | $41.16 Million | -81.65% |
| Share Repurchases | $42.68 Million | -84.67% |
| Share Issuances | $12.80 Million | +25.39% |
| Other Changes | $27.52 Million | +54.61% |
| Total Change | $- | -45.49% |
Book Value vs Market Value Analysis
This analysis compares Global Star Acquisition, Inc. Warrants'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: 0.01x
- 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 22.19x to 0.01x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $0.00 | $0.05 | x |
| 2021-12-31 | $0.00 | $0.05 | x |
| 2022-12-31 | $7.63 | $0.05 | x |
| 2023-12-31 | $4.69 | $0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Global Star Acquisition, Inc. Warrants 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): 2.88%
- 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: 1.14x
- Recent ROE (2.88%) is above the historical average (-2.13%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -3.89% | 0.00% | 0.00x | 1.05x | $-3.31K |
| 2021 | -7.69% | 0.00% | 0.00x | 3.67x | $-3.91K |
| 2022 | 0.18% | 0.00% | 0.00x | 1.04x | $-9.08 Million |
| 2023 | 2.88% | 0.00% | 0.00x | 1.14x | $-3.59 Million |
Industry Comparison
This section compares Global Star Acquisition, Inc. Warrants's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $36,677,338
- Average return on equity (ROE) among peers: -64.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Global Star Acquisition, Inc. Warrants (GLSTW) | $4.95 Million | -3.89% | 1.70x | $50.43K |
| Artius II Acquisition Inc. Class A Ordinary Shares (AACB) | $-60.27K | 0.00% | 0.00x | $198.37 Million |
| Artius II Acquisition Inc. Units (AACBU) | $-60.27K | 0.00% | 0.00x | $205.28 Million |
| Ares Acquisition Corporation II (AACT-UN) | $931.34 Million | 0.00% | 0.08x | $399.77 Million |
| AA Mission Acquisition Corp. (AAM-UN) | $-559.90 Million | 0.00% | 0.00x | $349.76 Million |
| Global Acquisitions Corporation (AASP) | $3.80 Million | -5.26% | 0.34x | $15.42 Million |
| ABV Consulting Inc (ABVN) | $8.75K | -623.31% | 2.50x | $461.96K |
| Atlantic Coastal Acquisition Corp II (ACAB) | $-8.52 Million | 0.00% | 0.00x | $2.44 Million |
| Annabidiol Corp (ACBD) | $-501.57K | 0.00% | 0.00x | $13.62K |
| ACRO Biomedical Co Ltd (ACBM) | $685.87K | -17.12% | 0.46x | $30.04K |
| Huaizhong Health Group Inc (ADAD) | $-19.47K | 0.00% | 0.00x | $3.15K |