Ares Acquisition Corporation II (AACT) - Net Assets
Based on the latest financial reports, Ares Acquisition Corporation II (AACT) has net assets worth $533.98 Million USD as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($560.98 Million) and total liabilities ($27.00 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $533.98 Million |
| % of Total Assets | 95.19% |
| Annual Growth Rate | 1375.46% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 3298124.96 |
Ares Acquisition Corporation II - Net Assets Trend (2020–2024)
This chart illustrates how Ares Acquisition Corporation II's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ares Acquisition Corporation II (2020–2024)
The table below shows the annual net assets of Ares Acquisition Corporation II from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $528.66 Million | +5.17% |
| 2023-12-31 | $502.67 Million | -47.22% |
| 2022-12-31 | $952.33 Million | +7616683.36% |
| 2021-12-31 | $12.50K | +12.08% |
| 2020-12-31 | $11.15K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ares Acquisition Corporation II'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 2202699200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $550.70 Million | 104.17% |
| Total Equity | $528.66 Million | 100.00% |
Ares Acquisition Corporation II Competitors by Market Cap
The table below lists competitors of Ares Acquisition Corporation II ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tokyo Steel Manufacturing Co., Ltd.
PINK:TOKSF
|
$587.11 Million |
|
Invesco Value Municipal Income Closed Fund
NYSE:IIM
|
$587.18 Million |
|
Taiwan Sakura Corp
TW:9911
|
$587.28 Million |
|
Nilfisk Holding A/S
CO:NLFSK
|
$587.39 Million |
|
Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret AS
IS:BRISA
|
$587.03 Million |
|
WELL HEALTH TECHS
F:W7V
|
$586.86 Million |
|
Sicher Elevator Co. Ltd.
SHE:301056
|
$586.76 Million |
|
CHEMSPEC ORD A (SHH) EQSW Exp:
SHG:688602
|
$586.73 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ares Acquisition Corporation II's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 502,674,292 to 528,660,451, a change of 25,986,159 (5.2%).
- Net income of 25,986,000 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $25.99 Million | +4.92% |
| Other Changes | $159.00 | +0.0% |
| Total Change | $- | 5.17% |
Book Value vs Market Value Analysis
This analysis compares Ares Acquisition Corporation II'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: 0.90x
- 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 106347.76x to 0.90x 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 | $9.49 | x |
| 2021-12-31 | $0.00 | $9.49 | x |
| 2022-12-31 | $7.62 | $9.49 | x |
| 2023-12-31 | $8.04 | $9.49 | x |
| 2024-12-31 | $10.57 | $9.49 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ares Acquisition Corporation II 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): 4.92%
- 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 (4.92%) is below the historical average (25353.27%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -0.14% | 0.00% | 0.00x | 46.93x | $-1.13K |
| 2021 | 126761.58% | 0.00% | 0.00x | 33.39x | $15.85 Million |
| 2022 | 0.00% | 0.00% | 0.00x | 1.06x | $-95.24 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 1.05x | $-50.25 Million |
| 2024 | 4.92% | 0.00% | 0.00x | 1.04x | $-26.88 Million |
Industry Comparison
This section compares Ares Acquisition Corporation II's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $167,338,180
- Average return on equity (ROE) among peers: 0.67%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ares Acquisition Corporation II (AACT) | $533.98 Million | -0.14% | 0.05x | $587.05 Million |
| Artius II Acquisition Inc. Class A Ordinary Shares (AACB) | $214.29 Million | 0.06% | 0.07x | $229.73 Million |
| Artius II Acquisition Inc. Units (AACBU) | $-60.27K | 0.00% | 0.00x | $269.37 Million |
| AA Mission Acquisition Corp. (AAM) | $994.80 Million | 5.63% | 1.68x | $388.34K |
| Global Acquisitions Corporation (AASP) | $-106.61K | 0.00% | 0.00x | $15.42 Million |
| ABV Consulting Inc (ABVN) | $-341.70K | 0.00% | 0.00x | $461.96K |
| Averin Capital Acquisition Corp. Units (ACAAU) | $-48.38K | 0.00% | 0.00x | $1.00K |
| Atlantic Coastal Acquisition Corp II (ACAB) | $297.92 Million | 0.30% | 0.04x | $2.44 Million |
| Annabidiol Corp (ACBD) | $-111.66K | 0.00% | 0.00x | $14.44K |
| ACRO Biomedical Co Ltd (ACBM) | $-294.97K | 0.00% | 0.00x | $30.04K |
About Ares Acquisition Corporation II
As of September 24, 2025, Ares Acquisition Corporation II was acquired by Kodiak Robotics, Inc., in a reverse merger transaction. Ares Acquisition Corporation II does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and… Read more