ShoulderUP Technology Acquisition Corp
ShoulderUp Technology Acquisition Corp. does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was incorporated in 2021 and is based in Kennesaw, Georgia. ShoulderUp Technology Acquisition Corp. is a subsidiary of ShoulderUp Technolog… Read more
ShoulderUP Technology Acquisition Corp (SUAC) - Net Assets
Latest net assets as of March 2025: $-13.31 Million USD
Based on the latest financial reports, ShoulderUP Technology Acquisition Corp (SUAC) has net assets worth $-13.31 Million USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($6.05 Million) and total liabilities ($19.36 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 | $-13.31 Million |
| % of Total Assets | -220.1% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 50.5 |
ShoulderUP Technology Acquisition Corp - Net Assets Trend (2021–2024)
This chart illustrates how ShoulderUP Technology Acquisition 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 ShoulderUP Technology Acquisition Corp (2021–2024)
The table below shows the annual net assets of ShoulderUP Technology Acquisition Corp from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-8.80 Million | -1577.20% |
| 2023-12-31 | $-524.59K | -100.18% |
| 2022-12-31 | $298.10 Million | +0.82% |
| 2021-12-31 | $295.67 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to ShoulderUP Technology Acquisition 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 decreased by 406927000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $5.60 Million | % |
| Total Equity | $-8.80 Million | 100.00% |
ShoulderUP Technology Acquisition Corp Competitors by Market Cap
The table below lists competitors of ShoulderUP Technology Acquisition Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Samebest Co Ltd
TWO:8489
|
$21.35 Million |
|
ACARIX AB
F:7AC
|
$21.35 Million |
|
Silver Storm Mining Ltd.
PINK:SVRSF
|
$21.36 Million |
|
Leef Brands Inc.
OTCQB:LEEEF
|
$21.37 Million |
|
The E&M Co. Ltd
KQ:089230
|
$21.35 Million |
|
American Pacific Mining Corp
OTCQX:USGDF
|
$21.34 Million |
|
NHN Bugs Corp
KQ:104200
|
$21.34 Million |
|
Taihan Precision Technology Co Ltd
TWO:1336
|
$21.32 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ShoulderUP Technology Acquisition Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -524,586 to -8,798,368, a change of -8,273,782.
- Net loss of 2,036,004 reduced equity.
- Share repurchases of 15,954,412 reduced equity.
- Other factors increased equity by 9,716,634.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.04 Million | -23.14% |
| Share Repurchases | $15.95 Million | -181.33% |
| Other Changes | $9.72 Million | +110.44% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares ShoulderUP Technology Acquisition 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | $7.07 | $11.50 | x |
| 2022-12-31 | $9.51 | $11.50 | x |
| 2023-12-31 | $-0.04 | $11.50 | x |
| 2024-12-31 | $-0.70 | $11.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ShoulderUP Technology Acquisition 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): 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 (0.20%), 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 | 0.00% | 0.00% | 0.00x | 1.04x | $-29.57 Million |
| 2022 | 0.81% | 0.00% | 0.00x | 1.04x | $-27.38 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $2.75 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.16 Million |
Industry Comparison
This section compares ShoulderUP Technology Acquisition Corp'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 |
|---|---|---|---|---|
| ShoulderUP Technology Acquisition Corp (SUAC) | $-13.31 Million | 0.00% | N/A | $21.35 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 |