Metal Sky Star Acquisition Corporation Ordinary shares (MSSA) - Net Assets
Based on the latest financial reports, Metal Sky Star Acquisition Corporation Ordinary shares (MSSA) has net assets worth $-7.19 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 ($1.03 Million) and total liabilities ($8.21 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. Check Metal Sky Star Acquisition Corporation O (MSSA) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-7.19 Million |
| % of Total Assets | -700.8% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 35785907.29 |
Metal Sky Star Acquisition Corporation Ordinary shares - Net Assets Trend (2021–2025)
This chart illustrates how Metal Sky Star Acquisition Corporation Ordinary shares's net assets have evolved over time, based on quarterly financial data. See MSSA cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Metal Sky Star Acquisition Corporation Ordinary shares (2021–2025)
The table below shows the annual net assets of Metal Sky Star Acquisition Corporation Ordinary shares from 2021 to 2025. For live valuation and market cap data, see MSSA stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $-7.19 Million | -1352.09% |
| 2024-12-31 | $-495.00K | -101.67% |
| 2023-12-31 | $29.64 Million | -73.97% |
| 2022-12-31 | $113.87 Million | +75913285.33% |
| 2021-12-31 | $150.00 | -- |
Equity Component Analysis
This analysis shows how different components contribute to Metal Sky Star Acquisition Corporation 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 819654000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $2.06 Million | % |
| Total Equity | $-8.22 Million | 100.00% |
Metal Sky Star Acquisition Corporation Ordinary shares Competitors by Market Cap
The table below lists competitors of Metal Sky Star Acquisition Corporation Ordinary shares ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PA Nova S.A.
WAR:NVA
|
$43.21 Million |
|
AWC Berhad
KLSE:7579
|
$43.23 Million |
|
Element 25 Ltd
AU:E25
|
$43.25 Million |
|
Quantum Cyber N.V.
NASDAQ:QUCY
|
$43.26 Million |
|
Universus Photo Imagings Limited
NSE:UNIVPHOTO
|
$43.21 Million |
|
Woowon Development Co. Ltd
KQ:046940
|
$43.18 Million |
|
TegoScience Inc
KQ:191420
|
$43.17 Million |
|
Mustek Ltd
JSE:MST
|
$43.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Metal Sky Star Acquisition Corporation Ordinary shares's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -494,998 to -8,218,185, a change of -7,723,187.
- Net loss of 553,581 reduced equity.
- Other factors decreased equity by 7,169,606.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-553.58K | -6.74% |
| Other Changes | $-7.17 Million | -87.24% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Metal Sky Star Acquisition Corporation 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 |
|---|---|---|---|
| 2021-12-31 | $0.00 | $11.79 | x |
| 2022-12-31 | $36.50 | $11.79 | x |
| 2023-12-31 | $4.63 | $11.79 | x |
| 2024-12-31 | $-0.16 | $11.79 | x |
| 2025-12-31 | $-39.36 | $11.79 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Metal Sky Star Acquisition Corporation 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
- Recent ROE (0.00%) is above the historical average (-3311.66%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -16566.67% | 0.00% | 0.00x | 2216.67x | $-24.86K |
| 2022 | 1.12% | 0.00% | 0.00x | 1.03x | $-10.12 Million |
| 2023 | 7.26% | 0.00% | 0.00x | 1.19x | $-811.78K |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $972.65K |
| 2025 | 0.00% | 0.00% | 0.00x | 0.00x | $268.24K |
Industry Comparison
This section compares Metal Sky Star Acquisition Corporation Ordinary shares's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $173,103,317
- Average return on equity (ROE) among peers: 3.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Metal Sky Star Acquisition Corporation Ordinary shares (MSSA) | $-7.19 Million | -16566.67% | N/A | $43.21 Million |
| Artius II Acquisition Inc. (AACB) | $-60.27K | 0.00% | 0.00x | $232.84 Million |
| Artius II Acquisition Inc. Units (AACBU) | $-60.27K | 0.00% | 0.00x | $268.87 Million |
| Ares Acquisition Corporation II (AACT) | $502.67 Million | 0.00% | 0.05x | $587.05 Million |
| AA Mission Acquisition Corp. (AAM) | $534.70 Million | 21.49% | 3.04x | $420.70K |
| Altenergy Acquisition Corp (AEAE) | $-12.44 Million | 0.00% | 0.00x | $72.22 Million |
| Activate Energy Acquisition Corp. Class A Ordinary Share (AEAQ) | $223.53 Million | 0.00% | 0.04x | $236.21 Million |
| American Exceptionalism Acquisition Corp. A (AEXA) | $328.45 Million | 0.00% | 0.06x | $390.09 Million |
| Aimei Health Technology Co., Ltd Ordinary Share (AFJK) | $8.04 Million | 13.18% | 0.51x | $107.66 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 Metal Sky Star Acquisition Corporation Ordinary shares
Metal Sky Star Acquisition Corporation does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Hoboken, New Jersey.