First Tidal Acquisition Corp.
First Tidal Acquisition Corp. does not have significant operations. It intends to identify and evaluate businesses or assets with a view to complete a qualifying transaction. First Tidal Acquisition Corp. was incorporated in 2021 and is headquartered in Vancouver, Canada.
First Tidal Acquisition Corp. (AAA-P) - Net Assets
Latest net assets as of November 2025: CA$234.60K CAD
Based on the latest financial reports, First Tidal Acquisition Corp. (AAA-P) has net assets worth CA$234.60K CAD as of November 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$238.03K) and total liabilities (CA$3.43K). 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 | CA$234.60K |
| % of Total Assets | 98.56% |
| Annual Growth Rate | 9.37% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 57.12 |
First Tidal Acquisition Corp. - Net Assets Trend (2021–2025)
This chart illustrates how First Tidal 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 First Tidal Acquisition Corp. (2021–2025)
The table below shows the annual net assets of First Tidal Acquisition Corp. from 2021 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-02-28 | CA$271.64K | -12.18% |
| 2024-02-29 | CA$309.32K | -13.70% |
| 2023-02-28 | CA$358.43K | -13.69% |
| 2022-02-28 | CA$415.29K | +118.73% |
| 2021-02-28 | CA$189.87K | -- |
Equity Component Analysis
This analysis shows how different components contribute to First Tidal 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 24225200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (February 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$519.03K | 191.07% |
| Total Equity | CA$271.64K | 100.00% |
First Tidal Acquisition Corp. Competitors by Market Cap
The table below lists competitors of First Tidal Acquisition Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
RAMSAY GENERALE (GD6.SG)
STU:GD6
|
$106.95K |
|
Therasense Inc
PINK:THER
|
$106.97K |
|
ALMIRALL (E2Z.SG)
STU:E2Z
|
$106.97K |
|
Eco Innovation Group Inc
PINK:ECOX
|
$107.01K |
|
NORDIC SEMICONDUCTO
BE:N0S
|
$106.83K |
|
ENERGY RECOVERY
BE:5E2
|
$106.76K |
|
IDW Media Holdings Inc
PINK:IDWM
|
$106.75K |
|
WONILTNI
KQ:136150
|
$106.75K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in First Tidal Acquisition Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 309,317 to 271,643, a change of -37,674 (-12.2%).
- Net loss of 34,674 reduced equity.
- Other factors decreased equity by 3,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-34.67K | -12.76% |
| Other Changes | CA$-3.00K | -1.1% |
| Total Change | CA$- | -12.18% |
Book Value vs Market Value Analysis
This analysis compares First Tidal 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
- Current price-to-book ratio: 2.36x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.37x to 2.36x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-02-28 | CA$0.02 | CA$0.08 | x |
| 2022-02-28 | CA$0.05 | CA$0.08 | x |
| 2023-02-28 | CA$0.04 | CA$0.08 | x |
| 2024-02-29 | CA$0.04 | CA$0.08 | x |
| 2025-02-28 | CA$0.03 | CA$0.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently First Tidal Acquisition Corp. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -12.76%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.07x
- Recent ROE (-12.76%) is above the historical average (-17.06%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -23.74% | 0.00% | 0.00x | 1.09x | CA$-140.14K |
| 2023 | -15.86% | 0.00% | 0.00x | 1.05x | CA$-92.70K |
| 2024 | -15.88% | 0.00% | 0.00x | 1.05x | CA$-80.04K |
| 2025 | -12.76% | 0.00% | 0.00x | 1.07x | CA$-61.84K |
Industry Comparison
This section compares First Tidal Acquisition Corp.'s net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $326,172
- Average return on equity (ROE) among peers: -16.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| First Tidal Acquisition Corp. (AAA-P) | CA$234.60K | -23.74% | 0.01x | $106.95K |
| AAJ Capital 3 Corp. (AAAJ-P) | $176.31K | -28.45% | 0.14x | $50.13K |
| AD4 Capital Corp. (ADJ-P) | $498.36K | 0.00% | 0.06x | $10.44K |
| AF2 Capital Corp (AF-P) | $125.52K | -22.68% | 0.19x | $45.26K |
| AIM5 Ventures Inc (AIME-P) | $236.65K | -15.61% | 0.12x | $151.51K |
| Apolo IV Acquisition Corp (AIV-P) | $1.13 Million | -19.92% | 0.03x | $33.42K |
| A-Labs Capital II Corp (ALAB-P) | $166.02K | -34.30% | 0.10x | $38.61K |
| Albatros Acquisition Corporation Inc. (ALBT-P) | $155.00K | 0.00% | 0.13x | $13.43K |
| Altina Capital Corp (ALTN-P) | $-3.34K | 0.00% | 0.00x | $65.59K |
| AMG Acquisition Corp (AMG-P) | $454.39K | -24.61% | 0.02x | $54.31K |