Lake Superior Acquisition Corp. Class A Ordinary Shares (LKSP) - Net Assets
Based on the latest financial reports, Lake Superior Acquisition Corp. Class A Ordinary Shares (LKSP) has net assets worth $111.86 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 ($116.59 Million) and total liabilities ($4.73 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. Also explore how large is Lake Superior Acquisition Corp. Class A 's balance sheet for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $111.86 Million |
| % of Total Assets | 95.94% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Lake Superior Acquisition Corp. Class A Ordinary Shares - Net Assets Trend (2024–2025)
This chart illustrates how Lake Superior Acquisition Corp. Class A Ordinary Shares's net assets have evolved over time, based on quarterly financial data. Check Lake Superior Acquisition Corp. Class A tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Lake Superior Acquisition Corp. Class A Ordinary Shares (2024–2025)
The table below shows the annual net assets of Lake Superior Acquisition Corp. Class A Ordinary Shares from 2024 to 2025. For live valuation and market cap data, see Lake Superior Acquisition Corp. Class A stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $111.86 Million | +296876.65% |
| 2024-12-31 | $-37.69K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lake Superior Acquisition Corp. 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
- Retained earnings have decreased by 410542700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $232.61 Million | % |
| Total Equity | $-4.17 Million | 100.00% |
Lake Superior Acquisition Corp. Class A Ordinary Shares Competitors by Market Cap
The table below lists competitors of Lake Superior Acquisition Corp. Class A Ordinary Shares ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
T.A.C. Consumer Public Company Limited
BK:TACC
|
$120.62 Million |
|
Rav Bariach 08 Industries Ltd
TA:BRIH
|
$120.72 Million |
|
Interactive Digital Technologies
TWO:6486
|
$120.74 Million |
|
Vertical Aerospace Ltd
NYSE:EVTL
|
$120.74 Million |
|
Chongkundang
KO:001630
|
$120.50 Million |
|
Bellevue Group AG
SW:BBN
|
$120.48 Million |
|
Reliance Industrial Infrastructure Limited
NSE:RIIL
|
$120.46 Million |
|
Moller Y Perez
SN:MOLLER
|
$120.43 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lake Superior Acquisition Corp. Class A Ordinary Shares's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -37,691 to -4,168,118, a change of -4,130,427.
- Net income of 666,033 contributed positively to equity growth.
- New share issuances of 118,600,000 increased equity.
- Other factors decreased equity by 123,396,460.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $666.03K | +15.98% |
| Share Issuances | $118.60 Million | +2845.41% |
| Other Changes | $-123.40 Million | -2960.48% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Lake Superior Acquisition Corp. 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2024-12-31 | $0.00 | $10.17 | x |
| 2025-12-31 | $-1.56 | $10.17 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lake Superior Acquisition Corp. Class A Ordinary Shares 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
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2025 | 0.00% | 0.00% | 0.00x | 0.00x | $1.08 Million |
Industry Comparison
This section compares Lake Superior Acquisition Corp. 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: $73,224,095
- Average return on equity (ROE) among peers: 12705.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lake Superior Acquisition Corp. Class A Ordinary Shares (LKSP) | $111.86 Million | 0.00% | 0.04x | $120.62 Million |
| Artius II Acquisition Inc. (AACB) | $-60.27K | 0.00% | 0.00x | $233.50 Million |
| Artius II Acquisition Inc. Units (AACBU) | $-60.27K | 0.00% | 0.00x | $268.87 Million |
| Ares Acquisition Corporation II (AACT) | $12.50K | 126761.58% | 32.39x | $587.05 Million |
| AA Mission Acquisition Corp. (AAM) | $33.60 Million | 281.25% | 89.15x | $345.19K |
| Altenergy Acquisition Corp (AEAE) | $-7.47 Million | 0.00% | 0.00x | $72.22 Million |
| Activate Energy Acquisition Corp. Class A Ordinary Share (AEAQ) | $223.53 Million | 0.00% | 0.04x | $237.16 Million |
| American Exceptionalism Acquisition Corp. A (AEXA) | $328.45 Million | 0.00% | 0.06x | $392.17 Million |
| Aimei Health Technology Co., Ltd Ordinary Share (AFJK) | $8.04 Million | 13.18% | 0.51x | $37.68 Million |
| Aifeex Nexus Acquisition Corporation (AIFE) | $86.16 Million | -0.10% | 0.01x | $91.13 Million |
| AI TRANSPORTATION ACQUISITION CORP Ordinary shares (AITR) | $60.04 Million | -0.06% | 0.02x | $86.22 Million |
About Lake Superior Acquisition Corp. Class A Ordinary Shares
Lake Superior Acquisition Corp. focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. Lake Superior Acquisition Corp. was incorporated in 2024 and is based in New York, New York.