Everest Consolidator Acquisition Corporation
Everest Consolidator Acquisition Corporation does not have significant operations. The company intends to effect merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. It focuses on identifying businesses in the financial services sector. The company was incorporated in 2021 and is based in Newpor… Read more
Everest Consolidator Acquisition Corporation (MNTN-UN) - Net Assets
Latest net assets as of June 2024: $59.35 Million USD
Based on the latest financial reports, Everest Consolidator Acquisition Corporation (MNTN-UN) has net assets worth $59.35 Million USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($85.18 Million) and total liabilities ($25.82 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 | $59.35 Million |
| % of Total Assets | 69.68% |
| Annual Growth Rate | -13.09% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 12.31 |
Everest Consolidator Acquisition Corporation - Net Assets Trend (2021–2023)
This chart illustrates how Everest Consolidator Acquisition Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Everest Consolidator Acquisition Corporation (2021–2023)
The table below shows the annual net assets of Everest Consolidator Acquisition Corporation from 2021 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $129.30 Million | -24.53% |
| 2022-12-31 | $171.32 Million | +0.09% |
| 2021-12-31 | $171.16 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Everest Consolidator Acquisition Corporation'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 1372070300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $147.81 Million | 114.32% |
| Total Equity | $129.30 Million | 100.00% |
Everest Consolidator Acquisition Corporation Competitors by Market Cap
The table below lists competitors of Everest Consolidator Acquisition Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SALTLUX.inc
KQ:304100
|
$160.57 Million |
|
KGI Securities (Thailand) Public Company Limited
BK:KGI
|
$160.61 Million |
|
Jiangxi Changyun Co Ltd
SHG:600561
|
$160.64 Million |
|
AFC Ajax NV
AS:AJAX
|
$160.71 Million |
|
Guangdong New Grand Long Packing Co Ltd
SHE:002836
|
$160.42 Million |
|
Dynamix Corporation Class A Ordinary Shares
NASDAQ:DYNX
|
$160.42 Million |
|
Jiangsu Maysta Chemical Co Ltd
SHG:603041
|
$160.41 Million |
|
McKinley Acquisition Corporation Class A Ordinary Shares
NASDAQ:MKLY
|
$160.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Everest Consolidator Acquisition Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 171,318,710 to 129,301,565, a change of -42,017,145 (-24.5%).
- Net loss of 10,036,413 reduced equity.
- Share repurchases of 41,057,655 reduced equity.
- Other factors increased equity by 9,076,923.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-10.04 Million | -7.76% |
| Share Repurchases | $41.06 Million | -31.75% |
| Other Changes | $9.08 Million | +7.02% |
| Total Change | $- | -24.53% |
Book Value vs Market Value Analysis
This analysis compares Everest Consolidator Acquisition Corporation'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: 1.72x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.39x to 1.72x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | $7.94 | $11.03 | x |
| 2022-12-31 | $7.95 | $11.03 | x |
| 2023-12-31 | $6.40 | $11.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Everest Consolidator Acquisition Corporation 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): -7.76%
- 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: 1.15x
- Recent ROE (-7.76%) is below the historical average (-2.64%), 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 | -0.25% | 0.00% | 0.00x | 1.04x | $-17.54 Million |
| 2022 | 0.09% | 0.00% | 0.00x | 1.04x | $-16.97 Million |
| 2023 | -7.76% | 0.00% | 0.00x | 1.15x | $-22.97 Million |
Industry Comparison
This section compares Everest Consolidator Acquisition Corporation's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $36,677,338
- Average return on equity (ROE) among peers: -64.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Everest Consolidator Acquisition Corporation (MNTN-UN) | $59.35 Million | -0.25% | 0.44x | $160.53 Million |
| Artius II Acquisition Inc. Class A Ordinary Shares (AACB) | $-60.27K | 0.00% | 0.00x | $198.37 Million |
| Artius II Acquisition Inc. Units (AACBU) | $-60.27K | 0.00% | 0.00x | $205.28 Million |
| Ares Acquisition Corporation II (AACT-UN) | $931.34 Million | 0.00% | 0.08x | $399.77 Million |
| AA Mission Acquisition Corp. (AAM-UN) | $-559.90 Million | 0.00% | 0.00x | $349.76 Million |
| Global Acquisitions Corporation (AASP) | $3.80 Million | -5.26% | 0.34x | $15.42 Million |
| ABV Consulting Inc (ABVN) | $8.75K | -623.31% | 2.50x | $461.96K |
| Atlantic Coastal Acquisition Corp II (ACAB) | $-8.52 Million | 0.00% | 0.00x | $2.44 Million |
| Annabidiol Corp (ACBD) | $-501.57K | 0.00% | 0.00x | $13.62K |
| ACRO Biomedical Co Ltd (ACBM) | $685.87K | -17.12% | 0.46x | $30.04K |
| Huaizhong Health Group Inc (ADAD) | $-19.47K | 0.00% | 0.00x | $3.15K |