ITHAX Acquisition Corp III Class A Ordinary Shares (ITHA) - Net Assets
Based on the latest financial reports, ITHAX Acquisition Corp III Class A Ordinary Shares (ITHA) has net assets worth $-12.64K USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($30.90K) and total liabilities ($43.54K). 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. For live market cap and overall valuation, see ITHA market cap overview.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-12.64K |
| % of Total Assets | -40.9% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
ITHAX Acquisition Corp III Class A Ordinary Shares - Net Assets Trend (2025–2025)
This chart illustrates how ITHAX Acquisition Corp III Class A Ordinary Shares's net assets have evolved over time, based on quarterly financial data.
Annual Net Assets for ITHAX Acquisition Corp III Class A Ordinary Shares (2025–2025)
The table below shows the annual net assets of ITHAX Acquisition Corp III Class A Ordinary Shares from 2025 to 2025. See ITHAX Acquisition Corp III Class A Ordin (ITHA) balance sheet quality index to measure how much of total assets are equity-financed.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $221.48 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to ITHAX Acquisition Corp III Class A Ordinary Shares's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- No equity composition insights available.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $230.30 Million | 103.98% |
| Total Equity | $221.48 Million | 100.00% |
ITHAX Acquisition Corp III Class A Ordinary Shares Competitors by Market Cap
The table below lists competitors of ITHAX Acquisition Corp III Class A Ordinary Shares ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Panca Budi Idaman Tbk PT
JK:PBID
|
$230.72 Million |
|
Heungkuk Fire & Marine Insurance Co Ltd
KO:000545
|
$230.74 Million |
|
PetroVietnam Power Nhon Trach 2 JSC
VN:NT2
|
$230.78 Million |
|
Winton Land Ltd
AU:WTN
|
$230.86 Million |
|
Starz Entertainment LLC
NASDAQ:STRZ
|
$230.69 Million |
|
RideNow Group, Inc.
NASDAQ:RDNW
|
$230.65 Million |
|
Millennial Potash Corp.
V:MLP
|
$230.52 Million |
|
Launchpad Cadenza Acquisition Corp I Class A Ordinary Share
NASDAQ:LPCV
|
$230.46 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ITHAX Acquisition Corp III Class A Ordinary Shares's equity between the two most recent reporting periods.
Insufficient data available to analyze equity growth attribution.
Book Value vs Market Value Analysis
This analysis compares ITHAX Acquisition Corp III Class A Ordinary Shares'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: 1.39x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2025-12-31 | $7.22 | $10.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ITHAX Acquisition Corp III Class A Ordinary Shares utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Insufficient data available to analyze capital efficiency metrics.
Industry Comparison
This section compares ITHAX Acquisition Corp III Class A Ordinary Shares's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $245,139,916
- Average return on equity (ROE) among peers: 2.64%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ITHAX Acquisition Corp III Class A Ordinary Shares (ITHA) | $-12.64K | N/A | N/A | $230.69 Million |
| Artius II Acquisition Inc. (AACB) | $-60.27K | 0.00% | 0.00x | $234.83 Million |
| Artius II Acquisition Inc. Units (AACBU) | $214.29 Million | 0.06% | 0.07x | $269.37 Million |
| Armada Acquisition Corp. II Class A Ordinary Shares (AACI) | $-27.95K | 0.00% | 0.00x | $256.50 Million |
| Abony Acquisition Corp. I Class A Ordinary Share (AACO) | $-74.71 | 0.00% | 0.00x | $236.48 Million |
| Apogee Acquisition Corp Class A Ordinary Shares (AACP) | $-13.88 | 0.00% | 0.00x | $178.26 Million |
| Ares Acquisition Corporation II (AACT) | $502.67 Million | 0.00% | 0.05x | $587.05 Million |
| AA Mission Acquisition Corp. (AAM) | $954.70 Million | 20.65% | 1.51x | $420.70K |
| Altenergy Acquisition Corp (AEAE) | $227.84 Million | 5.64% | 0.04x | $72.22 Million |
| Activate Energy Acquisition Corp. Class A Ordinary Share (AEAQ) | $223.53 Million | 0.00% | 0.04x | $238.81 Million |
| American Exceptionalism Acquisition Corp. A (AEXA) | $328.45 Million | 0.00% | 0.06x | $397.38 Million |
About ITHAX Acquisition Corp III Class A Ordinary Shares
ITHAX Acquisition Corp III does not have significant operations. It focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. ITHAX Acquisition Corp III was incorporated in 2025 and is based in Miami, Florida.