Springwater Special Situations Corp (SWSS) - Net Assets
Based on the latest financial reports, Springwater Special Situations Corp (SWSS) has net assets worth $14.58 Million USD as of March 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($17.48 Million) and total liabilities ($2.90 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. Read debt load of Springwater Special Situations Corp for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $14.58 Million |
| % of Total Assets | 83.42% |
| Annual Growth Rate | 8077.88% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 330732.56 |
Springwater Special Situations Corp - Net Assets Trend (2020–2022)
This chart illustrates how Springwater Special Situations Corp's net assets have evolved over time, based on quarterly financial data. Also explore how large is Springwater Special Situations Corp's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Springwater Special Situations Corp (2020–2022)
The table below shows the annual net assets of Springwater Special Situations Corp from 2020 to 2022. For live valuation and market cap data, see SWSS company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $174.70 Million | +0.48% |
| 2021-12-31 | $173.86 Million | +661465.61% |
| 2020-12-31 | $26.28K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Springwater Special Situations 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 grown by 6402800.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $62.58K | 0.04% |
| Common Stock | $174.64 Million | 99.96% |
| Total Equity | $174.70 Million | 100.00% |
Springwater Special Situations Corp Competitors by Market Cap
The table below lists competitors of Springwater Special Situations Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Optomed PLC
HE:OPTOMED
|
$49.91 Million |
|
Nsys Co. Ltd.
KQ:333620
|
$49.92 Million |
|
GeneOne Life Science Inc
KO:011000
|
$49.94 Million |
|
Broad Capital Acquisition Corp Unit
NASDAQ:BRACU
|
$49.95 Million |
|
Selic Corp Public Company Limited
BK:SELIC
|
$49.89 Million |
|
Bluemount Holdings Limited Class B Ordinary Shares
NASDAQ:BMHL
|
$49.89 Million |
|
Enegex Ltd
AU:ENX
|
$49.89 Million |
|
Seowon
KO:021050
|
$49.87 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Springwater Special Situations Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 173,859,441 to 174,698,091, a change of 838,650 (0.5%).
- Net income of 838,650 contributed positively to equity growth.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $838.65K | +0.48% |
| Total Change | $- | 0.48% |
Book Value vs Market Value Analysis
This analysis compares Springwater Special Situations 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
- Current price-to-book ratio: 1.38x
- 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 9222.03x to 1.38x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $0.00 | $10.70 | x |
| 2021-12-31 | $16.90 | $10.70 | x |
| 2022-12-31 | $7.77 | $10.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Springwater Special Situations 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): 0.48%
- 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: 1.00x
- Recent ROE (0.48%) is above the historical average (-1.79%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -5.52% | 0.00% | 0.00x | 1.25x | $-4.08K |
| 2021 | -0.32% | 0.00% | 0.00x | 1.00x | $-17.95 Million |
| 2022 | 0.48% | 0.00% | 0.00x | 1.00x | $-16.63 Million |
Industry Comparison
This section compares Springwater Special Situations Corp's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $224,857,490
- Average return on equity (ROE) among peers: 3.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Springwater Special Situations Corp (SWSS) | $14.58 Million | -5.52% | 0.20x | $49.90 Million |
| Artius II Acquisition Inc. Class A Ordinary Shares (AACB) | $-60.27K | 0.00% | 0.00x | $230.18 Million |
| Artius II Acquisition Inc. Units (AACBU) | $-60.27K | 0.00% | 0.00x | $265.09 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 | $409.92K |
| Altenergy Acquisition Corp (AEAE) | $214.04 Million | 5.44% | 0.10x | $72.25 Million |
| Activate Energy Acquisition Corp. Class A Ordinary Share (AEAQ) | $223.53 Million | 0.00% | 0.04x | $235.74 Million |
| Aimei Health Technology Co., Ltd Ordinary Share (AFJK) | $69.76 Million | 0.25% | 0.01x | $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) | $-4.24K | 0.00% | 0.00x | $86.22 Million |
| Alchemy Investments Acquisition Corp 1 Class A Ordinary Shares (ALCY) | $115.20 Million | 2.86% | 0.05x | $49.57 Million |
About Springwater Special Situations Corp
Clean Energy Special Situations Corp. does not have any significant operations. The company intends to effect a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. The company was formerly known as Springwater Special Situations Corp. and changed its name to Clean Energy Special… Read more