Berenson Acquisition Corp I (BACA) - Net Assets
Based on the latest financial reports, Berenson Acquisition Corp I (BACA) has net assets worth $-15.91 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 ($11.41 Million) and total liabilities ($27.33 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 Berenson Acquisition Corp I (BACA) net asset quality to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-15.91 Million |
| % of Total Assets | -139.4% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 55.11 |
Berenson Acquisition Corp I - Net Assets Trend (2021–2023)
This chart illustrates how Berenson Acquisition Corp I's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see BACA stock market capitalisation.
Annual Net Assets for Berenson Acquisition Corp I (2021–2023)
The table below shows the annual net assets of Berenson Acquisition Corp I from 2021 to 2023. Also explore how fast is Berenson Acquisition Corp I growing its equity to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-15.91 Million | -105.95% |
| 2022-12-31 | $267.25 Million | +4.26% |
| 2021-12-31 | $256.32 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Berenson Acquisition Corp I'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 1543231700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $11.22 Million | % |
| Other Comprehensive Income | $-11.22 Million | % |
| Other Components | $18.30 Million | % |
| Total Equity | $-15.91 Million | 100.00% |
Berenson Acquisition Corp I Competitors by Market Cap
The table below lists competitors of Berenson Acquisition Corp I ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LOT VACUUM Co. Ltd
KQ:083310
|
$84.52 Million |
|
Barbeque Nation Hospitality Limited
NSE:BARBEQUE
|
$84.54 Million |
|
Hwa Fong Rubber (Thailand) Public Company Limited
BK:HFT
|
$84.55 Million |
|
Celxpert Energy
TWO:3323
|
$84.56 Million |
|
The Sandesh Limited
NSE:SANDESH
|
$84.50 Million |
|
MLRN Projects and Trade Ltd
TA:MLRN
|
$84.47 Million |
|
ATM Grupa S.A.
WAR:ATG
|
$84.45 Million |
|
MaxCyte Inc
NASDAQ:MXCT
|
$84.42 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Berenson Acquisition Corp I's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 267,247,676 to -15,911,710, a change of -283,159,386 (-106.0%).
- Net loss of 20,814,064 reduced equity.
- Share repurchases of 269,427,564 reduced equity.
- Other comprehensive income decreased equity by 11,215,023.
- Other factors increased equity by 18,297,265.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-20.81 Million | -130.81% |
| Share Repurchases | $269.43 Million | -1693.27% |
| Other Comprehensive Income | $-11.22 Million | -70.48% |
| Other Changes | $18.30 Million | +114.99% |
| Total Change | $- | -105.95% |
Book Value vs Market Value Analysis
This analysis compares Berenson Acquisition Corp I'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 | $7.45 | $123.00 | x |
| 2022-12-31 | $7.77 | $123.00 | x |
| 2023-12-31 | $-1.05 | $123.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Berenson Acquisition Corp I 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 (2.44%), 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 | 3.25% | 0.00% | 0.00x | 1.08x | $-17.31 Million |
| 2022 | 4.09% | 0.00% | 0.00x | 1.04x | $-15.80 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-19.22 Million |
Industry Comparison
This section compares Berenson Acquisition Corp I's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $137,976,738
- Average return on equity (ROE) among peers: 5.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Berenson Acquisition Corp I (BACA) | $-15.91 Million | 3.25% | N/A | $84.51 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) | $150.91 Million | -0.31% | 0.00x | $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) | $457.80 Million | 1.29% | 11.31x | $399.13K |
| Altenergy Acquisition Corp (AEAE) | $4.84 Million | 51.14% | 2.71x | $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 | $387.32 Million |
About Berenson Acquisition Corp I
Berenson Acquisition Corp. I does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It focuses on acquire companies operating in the software and technology-enabled services sector. The company was incorporated in 2021 and is based in New Y… Read more