Welsbach Technology Metals Acquisition Corp (WTMA) - Net Assets
Based on the latest financial reports, Welsbach Technology Metals Acquisition Corp (WTMA) has net assets worth $-6.06 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 ($6.57 Million) and total liabilities ($12.63 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 tangible net worth ratio of Welsbach Technology Metals Acquisition C to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-6.06 Million |
| % of Total Assets | -92.15% |
| Annual Growth Rate | 2528.74% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 4340837.64 |
Welsbach Technology Metals Acquisition Corp - Net Assets Trend (2021–2024)
This chart illustrates how Welsbach Technology Metals Acquisition Corp's net assets have evolved over time, based on quarterly financial data. See how many days can Welsbach Technology Metals Acquisition C fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Welsbach Technology Metals Acquisition Corp (2021–2024)
The table below shows the annual net assets of Welsbach Technology Metals Acquisition Corp from 2021 to 2024. For live valuation and market cap data, see WTMA stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.34 Trillion | +9208266.98% |
| 2023-12-31 | $14.58 Million | -80.18% |
| 2022-12-31 | $73.57 Million | -0.26% |
| 2021-12-31 | $73.77 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Welsbach Technology Metals Acquisition 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 1080249176792700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $24.42 Trillion | 1818.17% |
| Total Equity | $1.34 Trillion | 100.00% |
Welsbach Technology Metals Acquisition Corp Competitors by Market Cap
The table below lists competitors of Welsbach Technology Metals Acquisition Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gillanders Arbuthnot & Company Limited
NSE:GILLANDERS
|
$21.38 Million |
|
Polygiene AB
ST:POLYG
|
$21.38 Million |
|
Jindo.Co. Ltd
KO:088790
|
$21.38 Million |
|
Formosa Ingredient Factory PT Tbk
JK:BOBA
|
$21.40 Million |
|
Mon Courtier Energie Groupe SA
PA:ALMCE
|
$21.36 Million |
|
Mycron Steel Bhd
KLSE:5087
|
$21.35 Million |
|
Inception Growth Acquisition Ltd
NASDAQ:IGTA
|
$21.35 Million |
|
Brooks Laboratories Limited
NSE:BROOKS
|
$21.33 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Welsbach Technology Metals Acquisition Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 14,584,801 to 1,343,022,000,000, a change of 1,343,007,415,199 (9208267.0%).
- Net loss of 899,927,000,000 reduced equity.
- Share repurchases of 12,219,791 reduced equity.
- Other factors increased equity by 2,242,946,634,990.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-899.93 Billion | -67.01% |
| Share Repurchases | $12.22 Million | -0.0% |
| Other Changes | $2.24 Trillion | +167.01% |
| Total Change | $- | 9208266.98% |
Book Value vs Market Value Analysis
This analysis compares Welsbach Technology Metals Acquisition 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: 0.00x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.99x to 0.00x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | $7.59 | $7.50 | x |
| 2022-12-31 | $7.36 | $7.50 | x |
| 2023-12-31 | $2.26 | $7.50 | x |
| 2024-12-31 | $829537.99 | $7.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Welsbach Technology Metals Acquisition 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): -67.01%
- 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: 9.14x
- Recent ROE (-67.01%) is below the historical average (-17.68%), 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 | -0.09% | 0.00% | 0.00x | 1.04x | $-7.45 Million |
| 2022 | -3.25% | 0.00% | 0.00x | 1.09x | $-9.75 Million |
| 2023 | -0.37% | 0.00% | 0.00x | 1.64x | $-1.51 Million |
| 2024 | -67.01% | 0.00% | 0.00x | 9.14x | $-1.03 Trillion |
Industry Comparison
This section compares Welsbach Technology Metals Acquisition Corp'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 |
|---|---|---|---|---|
| Welsbach Technology Metals Acquisition Corp (WTMA) | $-6.06 Million | -0.09% | N/A | $21.36 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 Welsbach Technology Metals Acquisition Corp
As of January 5, 2026, Welsbach Technology Metals Acquisition Corp. was acquired by Evolution Metals Corp., in a reverse merger transaction. Welsbach Technology Metals Acquisition Corp. does not have significant operations. The company intends to effect a merger, stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It focu… Read more