Yotta Acquisition Corporation Common Stock (YOTA) - Net Assets
Based on the latest financial reports, Yotta Acquisition Corporation Common Stock (YOTA) has net assets worth $-2.70 Million USD as of September 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($5.77 Million) and total liabilities ($8.47 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 Yotta Acquisition Corporation Common Sto debt and liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-2.70 Million |
| % of Total Assets | -46.88% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 8473168.63 |
Yotta Acquisition Corporation Common Stock - Net Assets Trend (2021–2024)
This chart illustrates how Yotta Acquisition Corporation Common Stock's net assets have evolved over time, based on quarterly financial data. Also explore how large is Yotta Acquisition Corporation Common Sto's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Yotta Acquisition Corporation Common Stock (2021–2024)
The table below shows the annual net assets of Yotta Acquisition Corporation Common Stock from 2021 to 2024. For live valuation and market cap data, see market value of Yotta Acquisition Corporation Common Sto.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-2.96 Billion | -17536892.51% |
| 2023-12-31 | $16.87K | -99.98% |
| 2022-12-31 | $111.83 Million | +845104.59% |
| 2021-12-31 | $13.23K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Yotta Acquisition Corporation Common Stock'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 837678123100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $11.05 Billion | % |
| Total Equity | $-2.96 Billion | 100.00% |
Yotta Acquisition Corporation Common Stock Competitors by Market Cap
The table below lists competitors of Yotta Acquisition Corporation Common Stock ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Logistea A
ST:LOGI-A
|
$39.11 Million |
|
Lindeman Asia Investment Co. Ltd
KQ:277070
|
$39.16 Million |
|
Transworld Shipping Lines Limited
NSE:TRANSWORLD
|
$39.16 Million |
|
Acanthe Développement
PA:ACAN
|
$39.19 Million |
|
China Television Co
TW:9928
|
$39.11 Million |
|
Rave Restaurant Group Inc
NASDAQ:RAVE
|
$39.08 Million |
|
Ginni Filaments Limited
NSE:GINNIFILA
|
$39.08 Million |
|
TAEYANG Corporation
KQ:053620
|
$39.06 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Yotta Acquisition Corporation Common Stock's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 16,873 to -2,958,983,000, a change of -2,958,999,873 (-17536892.5%).
- Net income of 604,120,000 contributed positively to equity growth.
- Other factors decreased equity by 3,563,119,873.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $604.12 Million | +20.42% |
| Other Changes | $-3.56 Billion | -120.42% |
| Total Change | $- | -17536892.51% |
Book Value vs Market Value Analysis
This analysis compares Yotta Acquisition Corporation Common Stock'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 |
|---|---|---|---|
| 2021-12-31 | $0.00 | $10.62 | x |
| 2022-12-31 | $7.01 | $10.62 | x |
| 2023-12-31 | $0.00 | $10.62 | x |
| 2024-12-31 | $-4657.30 | $10.62 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Yotta Acquisition Corporation Common Stock 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 (2095.70%), 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 | -88.95% | 0.00% | 0.00x | 22.34x | $-13.09K |
| 2022 | 0.13% | 0.00% | 0.00x | 1.05x | $-11.04 Million |
| 2023 | 8471.64% | 0.00% | 0.00x | 508.16x | $1.43 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $900.02 Million |
Industry Comparison
This section compares Yotta Acquisition Corporation Common Stock'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 |
|---|---|---|---|---|
| Yotta Acquisition Corporation Common Stock (YOTA) | $-2.70 Million | -88.95% | N/A | $39.11 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 Yotta Acquisition Corporation Common Stock
Yotta Acquisition Corporation does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. The company intends to focus on high technology, blockchain, software and hardware, ecommerce, social media, and other general busine… Read more