SDCL EDGE Acquisition Corporation (SEDA) - Net Assets
Based on the latest financial reports, SDCL EDGE Acquisition Corporation (SEDA) has net assets worth $37.46 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 ($147.80 Million) and total liabilities ($110.33 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. Check SEDA tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $37.46 Million |
| % of Total Assets | 25.35% |
| Annual Growth Rate | -15.03% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 20.23 |
SDCL EDGE Acquisition Corporation - Net Assets Trend (2021–2023)
This chart illustrates how SDCL EDGE Acquisition Corporation's net assets have evolved over time, based on quarterly financial data. See SEDA defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for SDCL EDGE Acquisition Corporation (2021–2023)
The table below shows the annual net assets of SDCL EDGE Acquisition Corporation from 2021 to 2023. For live valuation and market cap data, see SDCL EDGE Acquisition Corporation market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $134.39 Million | -32.87% |
| 2022-12-31 | $200.19 Million | +7.58% |
| 2021-12-31 | $186.08 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to SDCL EDGE 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 grown by 344576400.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $141.97 Million | 105.64% |
| Other Components | $4.84 Million | 3.60% |
| Total Equity | $134.39 Million | 100.00% |
SDCL EDGE Acquisition Corporation Competitors by Market Cap
The table below lists competitors of SDCL EDGE Acquisition Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BlackRock Income and Growth Investment Trust plc
LSE:BRIG
|
$519.81K |
|
Trade & Value AG
HM:TAV
|
$519.91K |
|
Vantex Resources Ltd
V:VAX
|
$521.84K |
|
Keramika Indonesia Assosiasi
JK:KIAS
|
$522.97K |
|
DCI Advisors Limited
LSE:DCI
|
$517.31K |
|
System1 Group PLC
LSE:SYS1
|
$517.20K |
|
Enlivex Therapeutics Ltd
TA:ENLV
|
$515.68K |
|
Onward Opportunities Ltd
LSE:ONWD
|
$515.26K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SDCL EDGE Acquisition Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 200,191,536 to 134,385,528, a change of -65,806,008 (-32.9%).
- Net income of 3,866,000 contributed positively to equity growth.
- Share repurchases of 72,546,420 reduced equity.
- Other factors increased equity by 2,874,412.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $3.87 Million | +2.88% |
| Share Repurchases | $72.55 Million | -53.98% |
| Other Changes | $2.87 Million | +2.14% |
| Total Change | $- | -32.87% |
Book Value vs Market Value Analysis
This analysis compares SDCL EDGE 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: 0.02x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | $7.44 | $0.10 | x |
| 2022-12-31 | $8.01 | $0.10 | x |
| 2023-12-31 | $5.64 | $0.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SDCL EDGE 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): 2.88%
- 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: 1.06x
- Recent ROE (2.88%) is above the historical average (2.81%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 3.16% | 0.00% | 0.00x | 1.10x | $-12.73 Million |
| 2022 | 2.41% | 0.00% | 0.00x | 1.03x | $-15.20 Million |
| 2023 | 2.88% | 0.00% | 0.00x | 1.06x | $-9.57 Million |
Industry Comparison
This section compares SDCL EDGE Acquisition Corporation's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $229,806,570
- Average return on equity (ROE) among peers: -1.53%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SDCL EDGE Acquisition Corporation (SEDA) | $37.46 Million | 3.16% | 2.95x | $518.19K |
| Artius II Acquisition Inc. (AACB) | $214.29 Million | 0.06% | 0.07x | $232.84 Million |
| Artius II Acquisition Inc. Units (AACBU) | $214.29 Million | 0.06% | 0.07x | $269.37 Million |
| Ares Acquisition Corporation II (AACT) | $502.67 Million | 0.00% | 0.05x | $587.05 Million |
| AA Mission Acquisition Corp. (AAM) | $994.80 Million | 5.63% | 1.68x | $355.98K |
| Altenergy Acquisition Corp (AEAE) | $-7.47 Million | 0.00% | 0.00x | $72.25 Million |
| Activate Energy Acquisition Corp. Class A Ordinary Share (AEAQ) | $223.53 Million | 0.00% | 0.04x | $236.45 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) | $41.25K | -21.21% | 8.88x | $49.23 Million |
About SDCL EDGE Acquisition Corporation
SDCL EDGE Acquisition Corporation does not have significant operations. It intends to pursue opportunities in the energy, built environment, and transport sectors. The company was incorporated in 2021 and is based in New York, New York.