Nabors Energy Transition Corp. II Class A Ordinary Shares (NETD) - Net Assets
Based on the latest financial reports, Nabors Energy Transition Corp. II Class A Ordinary Shares (NETD) has net assets worth $140.68 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($154.83 Million) and total liabilities ($14.15 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 NETD goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $140.68 Million |
| % of Total Assets | 90.86% |
| Annual Growth Rate | 3.93% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Nabors Energy Transition Corp. II Class A Ordinary Shares - Net Assets Trend (2023–2024)
This chart illustrates how Nabors Energy Transition Corp. II Class A Ordinary Shares's net assets have evolved over time, based on quarterly financial data. See Nabors Energy Transition Corp. II Class defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Nabors Energy Transition Corp. II Class A Ordinary Shares (2023–2024)
The table below shows the annual net assets of Nabors Energy Transition Corp. II Class A Ordinary Shares from 2023 to 2024. For live valuation and market cap data, see NETD stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $315.72 Million | +3.93% |
| 2023-12-31 | $303.77 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nabors Energy Transition Corp. II 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 416123400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $331.78 Million | 105.09% |
| Total Equity | $315.72 Million | 100.00% |
Nabors Energy Transition Corp. II Class A Ordinary Shares Competitors by Market Cap
The table below lists competitors of Nabors Energy Transition Corp. II Class A Ordinary Shares ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Antalpha Platform Holding Co
NASDAQ:ANTA
|
$158.11 Million |
|
GalaxiaMoneytree Co.Ltd
KQ:094480
|
$158.18 Million |
|
Reit Azorim HF Living Ltd
TA:AZRT
|
$158.19 Million |
|
AeroSpace Technology of Korea
KQ:067390
|
$158.21 Million |
|
Jr Global Reit
KO:348950
|
$158.10 Million |
|
Bisalloy Steel Group Ltd
AU:BIS
|
$158.06 Million |
|
Prosafe SE
OL:PRS
|
$158.03 Million |
|
Pinago Utama Tbk Pt
JK:PNGO
|
$157.93 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nabors Energy Transition Corp. II Class A Ordinary Shares's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 303,766,534 to 315,718,315, a change of 11,951,781 (3.9%).
- Net income of 11,951,781 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $11.95 Million | +3.79% |
| Total Change | $- | 3.93% |
Book Value vs Market Value Analysis
This analysis compares Nabors Energy Transition Corp. II 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 |
|---|---|---|---|
| 2023-12-31 | $7.97 | $11.52 | x |
| 2024-12-31 | $8.28 | $11.52 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nabors Energy Transition Corp. II 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): 3.79%
- 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: 1.06x
- Recent ROE (3.79%) is above the historical average (3.14%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2023 | 2.49% | 0.00% | 0.00x | 1.05x | $-22.81 Million |
| 2024 | 3.79% | 0.00% | 0.00x | 1.06x | $-19.62 Million |
Industry Comparison
This section compares Nabors Energy Transition Corp. II 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: $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 |
|---|---|---|---|---|
| Nabors Energy Transition Corp. II Class A Ordinary Shares (NETD) | $140.68 Million | 2.49% | 0.10x | $158.11 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 Nabors Energy Transition Corp. II Class A Ordinary Shares
Nabors Energy Transition Corp. II 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 or entities. The company intends to identify solutions, opportunities, companies, or technologies that focus on advancing the energy transition that fac… Read more