Elliott Opportunity II Corp.
Elliott Opportunity II Corp. does not have significant operations. It intends to effect a merger, capital share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or assets in the technology sector. Elliott Opportunity II Corp. was incorporated in 2021 and is based in West Palm Beach, Florida.
Elliott Opportunity II Corp. (EOCWF) - Net Assets
Latest net assets as of March 2023: $600.95 Million USD
Based on the latest financial reports, Elliott Opportunity II Corp. (EOCWF) has net assets worth $600.95 Million USD as of March 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($625.66 Million) and total liabilities ($24.71 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 | $600.95 Million |
| % of Total Assets | 96.05% |
| Annual Growth Rate | 6.04% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Elliott Opportunity II Corp. - Net Assets Trend (2021–2022)
This chart illustrates how Elliott Opportunity II Corp.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Elliott Opportunity II Corp. (2021–2022)
The table below shows the annual net assets of Elliott Opportunity II Corp. from 2021 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $594.64 Million | +6.04% |
| 2021-12-31 | $560.78 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Elliott Opportunity II Corp.'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 2481558100.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $618.55 Million | 104.02% |
| Total Equity | $594.64 Million | 100.00% |
Elliott Opportunity II Corp. Competitors by Market Cap
The table below lists competitors of Elliott Opportunity II Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Blue Water Ventures International Inc
PINK:BWVI
|
$1.84 |
|
RONN Inc.
PINK:RONN
|
$1.84 |
|
Oct 88 Res Inc
PINK:OCTX
|
$1.84 |
|
Sortis Holdings Inc
PINK:SOHI
|
$1.84 |
|
RTS Oil Holdings Inc
PINK:RTSO
|
$1.83 |
|
Viewcast.Com
PINK:VCST
|
$1.83 |
|
Worry Free Tea House Holdings Company
PINK:TEAH
|
$1.83 |
|
AJ1G Inc
PINK:AJYG
|
$1.83 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Elliott Opportunity II Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 560,779,067 to 594,640,272, a change of 33,861,205 (6.0%).
- Net income of 33,861,205 contributed positively to equity growth.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $33.86 Million | +5.69% |
| Total Change | $- | 6.04% |
Book Value vs Market Value Analysis
This analysis compares Elliott Opportunity II Corp.'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: 0.00x
- 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 | $7.36 | $0.00 | x |
| 2022-12-31 | $7.80 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Elliott Opportunity II Corp. 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): 5.69%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.04x
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 5.69% | 0.00% | 0.00x | 1.04x | $-25.60 Million |
Industry Comparison
This section compares Elliott Opportunity II Corp.'s net assets metrics with peer companies in the Investment Holding Companies industry.
Industry Context
- Industry: Investment Holding Companies
- Average net assets among peers: $86,107,630
- Average return on equity (ROE) among peers: 1.67%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Elliott Opportunity II Corp. (EOCWF) | $600.95 Million | 5.69% | 0.04x | $1.84 |
| Colombier Acquisition Corp. II (CLBR) | $172.20 Million | 3.34% | 0.04x | $155.33 Million |
| FACT II Acquisition Corp. Class A Ordinary Shares (FACT) | $19.51K | 0.00% | 5.55x | $104.93 Million |