Insight Acquisition Corp. Warrant
Insight Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the FinTech, wealth, asset, investment management, and insurance tech sectors. The company was incorporated in 2021 and is based in New York, New York. Insight Acquis… Read more
Insight Acquisition Corp. Warrant (INAQW) - Net Assets
Latest net assets as of June 2024: $-6.77 Million USD
Based on the latest financial reports, Insight Acquisition Corp. Warrant (INAQW) has net assets worth $-6.77 Million USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($6.48 Million) and total liabilities ($13.25 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 | $-6.77 Million |
| % of Total Assets | -104.52% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 52.74 |
Insight Acquisition Corp. Warrant - Net Assets Trend (2021–2023)
This chart illustrates how Insight Acquisition Corp. Warrant's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Insight Acquisition Corp. Warrant (2021–2023)
The table below shows the annual net assets of Insight Acquisition Corp. Warrant from 2021 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-139.74K | -100.06% |
| 2022-12-31 | $231.71 Million | +5.42% |
| 2021-12-31 | $219.81 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Insight Acquisition Corp. Warrant'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 989822100.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $11.36 Million | % |
| Total Equity | $-139.74K | 100.00% |
Insight Acquisition Corp. Warrant Competitors by Market Cap
The table below lists competitors of Insight Acquisition Corp. Warrant ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
RESONANCE HEALTH
BE:RSN
|
$1.20K |
|
Cordel Group PLC
LSE:CRDL
|
$1.20K |
|
KRTL Holding Group Inc
PINK:KRTL
|
$1.20K |
|
Newmark Security plc
LSE:NWT
|
$1.20K |
|
ESH Acquisition Corp. Right
NASDAQ:ESHAR
|
$1.20K |
|
Harvard Ave Acquisition Corporation Rights that convert on a 1/10th of 1 basis to Class A ordinary Shares
NASDAQ:HAVAR
|
$1.20K |
|
UBLPakistanETF XD
KAR:UBLPETF
|
$1.20K |
|
Xtract Resources PLC
LSE:XTR
|
$1.20K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Insight Acquisition Corp. Warrant's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 231,712,858 to -139,741, a change of -231,852,599 (-100.1%).
- Net loss of 651,138 reduced equity.
- Share repurchases of 234,830,236 reduced equity.
- Other factors increased equity by 3,628,775.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-651.14K | -465.96% |
| Share Repurchases | $234.83 Million | -168046.77% |
| Other Changes | $3.63 Million | +2596.79% |
| Total Change | $- | -100.06% |
Book Value vs Market Value Analysis
This analysis compares Insight Acquisition Corp. Warrant'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 |
|---|---|---|---|
| 2021-12-31 | $7.33 | $0.13 | x |
| 2022-12-31 | $7.72 | $0.13 | x |
| 2023-12-31 | $-0.02 | $0.13 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Insight Acquisition Corp. Warrant 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 below the historical average (2.57%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 5.14% | 0.00% | 0.00x | 1.06x | $-11.26 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-637.16K |
Industry Comparison
This section compares Insight Acquisition Corp. Warrant'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 |
|---|---|---|---|---|
| Insight Acquisition Corp. Warrant (INAQW) | $-6.77 Million | 5.14% | N/A | $1.20K |
| 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 |