New Providence Acquisition Corp. III Class A Ordinary Shares (NPAC) - Net Assets
Based on the latest financial reports, New Providence Acquisition Corp. III Class A Ordinary Shares (NPAC) has net assets worth $297.92 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 ($310.81 Million) and total liabilities ($12.88 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. Explore New Providence Acquisition Corp. III Cla (NPAC) cash conversion ratio to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $297.92 Million |
| % of Total Assets | 95.85% |
| Annual Growth Rate | 4660649427.11% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
New Providence Acquisition Corp. III Class A Ordinary Shares - Net Assets Trend (2024–2025)
This chart illustrates how New Providence Acquisition Corp. III Class A Ordinary Shares's net assets have evolved over time, based on quarterly financial data. Also explore NPAC asset base for the complete picture of this company's asset base.
Annual Net Assets for New Providence Acquisition Corp. III Class A Ordinary Shares (2024–2025)
The table below shows the annual net assets of New Providence Acquisition Corp. III Class A Ordinary Shares from 2024 to 2025. For live valuation and market cap data, see New Providence Acquisition Corp. III Cla market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $297.92 Million | +4604661090.11% |
| 2024-12-31 | $6.47 | -- |
Equity Component Analysis
This analysis shows how different components contribute to New Providence 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
- Retained earnings have decreased by 1207538247.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $310.00 Million | 104.05% |
| Total Equity | $297.92 Million | 100.00% |
New Providence Acquisition Corp. III Class A Ordinary Shares Competitors by Market Cap
The table below lists competitors of New Providence Acquisition Corp. III Class A Ordinary Shares ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HL Corp Shenzhen
SHE:002105
|
$319.41 Million |
|
Grupo Traxión S.A.B. de C.V
MX:TRAXIONA
|
$319.42 Million |
|
Southern Score Builders Berhad
KLSE:0045
|
$319.52 Million |
|
Castro
TA:CAST
|
$319.52 Million |
|
DYNAGREEN EN.PR.GR.H YC 1
F:DYN
|
$319.10 Million |
|
Linzhou Heavy Machinery Group Co Ltd
SHE:002535
|
$319.09 Million |
|
Liuzhou Chemical Industry Co Ltd
SHG:600423
|
$319.07 Million |
|
Linhai Co Ltd
SHG:600099
|
$319.04 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in New Providence Acquisition Corp. III Class A Ordinary Shares's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 6 to 297,921,579, a change of 297,921,573 (4604661090.1%).
- Net income of 7,675,973 contributed positively to equity growth.
- New share issuances of 303,650,750 increased equity.
- Other factors decreased equity by 13,405,150.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $7.68 Million | +2.58% |
| Share Issuances | $303.65 Million | +101.92% |
| Other Changes | $-13.41 Million | -4.5% |
| Total Change | $- | 4604661090.11% |
Book Value vs Market Value Analysis
This analysis compares New Providence 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: 1.33x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 10427.90x to 1.33x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2024-12-31 | $0.00 | $10.34 | x |
| 2025-12-31 | $7.76 | $10.34 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently New Providence 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.
Capital Efficiency Insights
- Current Return on Equity (ROE): 2.58%
- 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: 1.04x
- Recent ROE (2.58%) is above the historical average (-1714.32%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2024 | -3431.22% | 0.00% | 0.00x | 11.98x | $-222.65 |
| 2025 | 2.58% | 0.00% | 0.00x | 1.04x | $-22.12 Million |
Industry Comparison
This section compares New Providence 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: $119,016,443
- Average return on equity (ROE) among peers: 36.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| New Providence Acquisition Corp. III Class A Ordinary Shares (NPAC) | $297.92 Million | -3431.22% | 0.04x | $319.37 Million |
| Artius II Acquisition Inc. (AACB) | $-60.27K | 0.00% | 0.00x | $231.51 Million |
| Artius II Acquisition Inc. Units (AACBU) | $214.29 Million | 0.06% | 0.07x | $265.09 Million |
| Ares Acquisition Corporation II (AACT) | $502.67 Million | 0.00% | 0.05x | $587.05 Million |
| AA Mission Acquisition Corp. (AAM) | $33.60 Million | 281.25% | 89.15x | $409.92K |
| Altenergy Acquisition Corp (AEAE) | $-7.47 Million | 0.00% | 0.00x | $72.25 Million |
| Activate Energy Acquisition Corp. Class A Ordinary Share (AEAQ) | $223.53 Million | 0.00% | 0.04x | $235.98 Million |
| Aimei Health Technology Co., Ltd Ordinary Share (AFJK) | $72.31 Million | 3.53% | 0.02x | $163.82 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 |
| Alchemy Investments Acquisition Corp 1 Class A Ordinary Shares (ALCY) | $5.09 Million | 83.40% | 1.38x | $49.23 Million |
About New Providence Acquisition Corp. III Class A Ordinary Shares
New Providence Acquisition Corp. III does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was incorporated in 2021 and is based in Palm Beach, Florida.