IB Acquisition Corp. Common Stock (IBAC) - Net Assets
Based on the latest financial reports, IB Acquisition Corp. Common Stock (IBAC) has net assets worth $15.24 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 ($16.41 Million) and total liabilities ($1.16 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 total liabilities of IB Acquisition Corp. Common Stock for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $15.24 Million |
| % of Total Assets | 92.92% |
| Annual Growth Rate | 2112.43% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 199.12 |
IB Acquisition Corp. Common Stock - Net Assets Trend (2022–2025)
This chart illustrates how IB Acquisition Corp. Common Stock's net assets have evolved over time, based on quarterly financial data. Also explore IB Acquisition Corp. Common Stock (IBAC) total assets for the complete picture of this company's asset base.
Annual Net Assets for IB Acquisition Corp. Common Stock (2022–2025)
The table below shows the annual net assets of IB Acquisition Corp. Common Stock from 2022 to 2025. For live valuation and market cap data, see IB Acquisition Corp. Common Stock (IBAC) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | $15.30 Million | -87.15% |
| 2024-09-30 | $119.08 Million | +2191453.66% |
| 2023-09-30 | $-5.43K | -485.39% |
| 2022-09-30 | $1.41K | -- |
Equity Component Analysis
This analysis shows how different components contribute to IB Acquisition Corp. Common Stock'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 68015800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $15.98 Million | 104.45% |
| Other Components | $425.00 | 0.00% |
| Total Equity | $15.30 Million | 100.00% |
IB Acquisition Corp. Common Stock Competitors by Market Cap
The table below lists competitors of IB Acquisition Corp. Common Stock ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Premier Polyfilm Limited
NSE:PREMIERPOL
|
$61.13 Million |
|
Mcleod Russel India Limited
NSE:MCLEODRUSS
|
$61.14 Million |
|
Waskita Beton Precast Tbk PT
JK:WSBP
|
$61.16 Million |
|
Daesung Finetec Co.Ltd
KQ:104040
|
$61.16 Million |
|
CBAK ENERGY TECH. NEW
F:B6JA
|
$61.13 Million |
|
LLORENTE + CUENCA EO -01
F:91P
|
$61.11 Million |
|
De Poan Pneumatic
TWO:1570
|
$61.09 Million |
|
New Hoong Fatt Holdings Bhd
KLSE:7060
|
$61.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in IB Acquisition Corp. Common Stock's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 119,078,158 to 15,301,992, a change of -103,776,166 (-87.1%).
- Net income of 3,416,169 contributed positively to equity growth.
- Dividend payments of 5,130,712 reduced retained earnings.
- Share repurchases of 106,131,025 reduced equity.
- Other factors increased equity by 4,069,402.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $3.42 Million | +22.32% |
| Dividends Paid | $5.13 Million | -33.53% |
| Share Repurchases | $106.13 Million | -693.58% |
| Other Changes | $4.07 Million | +26.59% |
| Total Change | $- | -87.15% |
Book Value vs Market Value Analysis
This analysis compares IB Acquisition Corp. Common Stock'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: 7.96x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 120854.72x to 7.96x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-09-30 | $0.00 | $10.82 | x |
| 2023-09-30 | $0.00 | $10.82 | x |
| 2024-09-30 | $7.56 | $10.82 | x |
| 2025-09-30 | $1.36 | $10.82 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently IB Acquisition Corp. Common Stock 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): 22.32%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.12x
- Recent ROE (22.32%) is above the historical average (-4.27%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -40.99% | 0.00% | 0.00x | 1.96x | $-719.00 |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-6.30K |
| 2024 | 1.57% | 0.00% | 0.00x | 1.01x | $-10.04 Million |
| 2025 | 22.32% | 0.00% | 0.00x | 1.12x | $1.89 Million |
Industry Comparison
This section compares IB Acquisition Corp. Common Stock'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 |
|---|---|---|---|---|
| IB Acquisition Corp. Common Stock (IBAC) | $15.24 Million | -40.99% | 0.08x | $61.13 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 IB Acquisition Corp. Common Stock
IB Acquisition Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in North America, Europe, and Asia. IB Acquisition Corp. was incorporated in 2020 and is based in Boca Raton, Florida.