Slam Corp. (SLAMF) - Net Assets
Based on the latest financial reports, Slam Corp. (SLAMF) has net assets worth $-20.42 Million USD as of March 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($23.56 Million) and total liabilities ($43.97 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. See Slam Corp. (SLAMF) balance sheet quality index to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-20.42 Million |
| % of Total Assets | -86.67% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 1976688.16 |
Slam Corp. - Net Assets Trend (2020–2024)
This chart illustrates how Slam Corp.'s net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see SLAMF market cap.
Annual Net Assets for Slam Corp. (2020–2024)
The table below shows the annual net assets of Slam Corp. from 2020 to 2024. Also explore Slam Corp. net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-19.86 Million | -133.66% |
| 2023-12-31 | $59.00 Million | -89.44% |
| 2022-12-31 | $558.86 Million | +3.46% |
| 2021-12-31 | $540.18 Million | +4564892.55% |
| 2020-12-31 | $11.83K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Slam Corp.'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 4242739700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $22.58 Million | % |
| Total Equity | $-19.86 Million | 100.00% |
Slam Corp. Competitors by Market Cap
The table below lists competitors of Slam Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Value Added Technology Co. Ltd
KQ:043150
|
$173.89 Million |
|
Caisse Regionale de Credit Agricole Mutuel du Languedoc
PA:CRLA
|
$173.97 Million |
|
StablecoinX Inc. Class A Common Stock
NASDAQ:USDE
|
$173.97 Million |
|
SOHO China Limited
F:45S
|
$174.18 Million |
|
PACT GROUP HLDGS
F:27P
|
$173.87 Million |
|
PTT Synergy Group Bhd
KLSE:7010
|
$173.78 Million |
|
GrafTech International Ltd
NYSE:EAF
|
$173.77 Million |
|
San Far Property Ltd
TW:9946
|
$173.76 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Slam Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 58,996,732 to -19,859,490, a change of -78,856,222 (-133.7%).
- Net income of 1,828,661 contributed positively to equity growth.
- Share repurchases of 80,684,883 reduced equity.
- Other factors decreased equity by 0.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.83 Million | +9.21% |
| Share Repurchases | $80.68 Million | -406.28% |
| Total Change | $- | -133.66% |
Book Value vs Market Value Analysis
This analysis compares Slam Corp.'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 |
|---|---|---|---|
| 2020-12-31 | $0.00 | $19.00 | x |
| 2021-12-31 | $7.52 | $19.00 | x |
| 2022-12-31 | $7.78 | $19.00 | x |
| 2023-12-31 | $2.52 | $19.00 | x |
| 2024-12-31 | $-1.21 | $19.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Slam Corp. 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 below the historical average (4.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 4.89% | 0.00% | 0.00x | 1.07x | $-27.62 Million |
| 2022 | 3.34% | 0.00% | 0.00x | 1.04x | $-37.20 Million |
| 2023 | 7.77% | 0.00% | 0.00x | 1.68x | $-1.31 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $3.81 Million |
Industry Comparison
This section compares Slam Corp.'s net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $244,118,088
- Average return on equity (ROE) among peers: 1.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Slam Corp. (SLAMF) | $-20.42 Million | 4.89% | N/A | $173.87 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) | $147.40 Million | -2.46% | 0.02x | $256.50 Million |
| Abony Acquisition Corp. I Class A Ordinary Share (AACO) | $-74.71 | 0.00% | 0.00x | $236.71 Million |
| Apogee Acquisition Corp Class A Ordinary Shares (AACP) | $-13.88 | 0.00% | 0.00x | $178.44 Million |
| Ares Acquisition Corporation II (AACT) | $11.15K | -0.14% | 45.93x | $587.05 Million |
| AA Mission Acquisition Corp. (AAM) | $1.54 Billion | 21.89% | 4.12x | $377.55K |
| 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 | $238.34 Million |
| American Exceptionalism Acquisition Corp. A (AEXA) | $328.45 Million | 0.00% | 0.06x | $386.63 Million |
About Slam Corp.
Slam Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or related business combination with one or more businesses or entities. The company was incorporated in 2020 and is based in New York, New York. Slam Corp. operates as a subsidiary of Slam Sponsor, LLC.