Altina Capital Corp
Altina Capital Corp. does not have significant operations. It intends to identify and evaluate assets and businesses with a view to completing a qualifying transaction. The company was incorporated in 2019 and is headquartered in Vancouver, Canada.
Altina Capital Corp (ALTN-P) - Net Assets
Latest net assets as of September 2024: CA$44.91K CAD
Based on the latest financial reports, Altina Capital Corp (ALTN-P) has net assets worth CA$44.91K CAD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$222.19K) and total liabilities (CA$177.28K). 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$44.91K |
| % of Total Assets | 20.21% |
| Annual Growth Rate | -7.57% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 166.61 |
Altina Capital Corp - Net Assets Trend (2019–2023)
This chart illustrates how Altina Capital 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 Altina Capital Corp (2019–2023)
The table below shows the annual net assets of Altina Capital Corp from 2019 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | CA$91.23K | +2834.77% |
| 2022-12-31 | CA$-3.34K | -102.71% |
| 2021-12-31 | CA$122.89K | -73.04% |
| 2020-12-31 | CA$455.77K | +264.62% |
| 2019-12-31 | CA$125.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Altina Capital 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 46734000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$563.57K | 617.74% |
| Total Equity | CA$91.23K | 100.00% |
Altina Capital Corp Competitors by Market Cap
The table below lists competitors of Altina Capital Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aucyber Ltd
AU:CYB
|
$65.69K |
|
Nile City Investment
EGX:NCIN
|
$65.78K |
|
Zhongce Rubber Group Co Ltd
SHG:603049
|
$65.81K |
|
Schmitt Industries Inc
PINK:SMIT
|
$65.83K |
|
Metaverse Capital Corp
PINK:GBCHF
|
$65.55K |
|
Redegal S.A.
MC:RDG
|
$65.55K |
|
KSS Line Ltd.
KQ:044450
|
$65.53K |
|
Petroteq Energy Inc
PINK:PQEFF
|
$65.50K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Altina Capital Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -3,336 to 91,232, a change of 94,568.
- Net income of 94,568 contributed positively to equity growth.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$94.57K | +103.66% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Altina Capital 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: 1.75x
- 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 1.28x to 1.75x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CA$0.02 | CA$0.02 | x |
| 2020-12-31 | CA$0.06 | CA$0.02 | x |
| 2021-12-31 | CA$0.02 | CA$0.02 | x |
| 2022-12-31 | CA$0.00 | CA$0.02 | x |
| 2023-12-31 | CA$0.01 | CA$0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Altina Capital Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 103.66%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.38x
- Recent ROE (103.66%) is above the historical average (-45.87%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -16.27% | 0.00% | 0.00x | 1.17x | CA$-119.72K |
| 2021 | -270.88% | 0.00% | 0.00x | 3.17x | CA$-345.17K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-154.55K |
| 2023 | 103.66% | 0.00% | 0.00x | 1.38x | CA$85.44K |
Industry Comparison
This section compares Altina Capital Corp's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $356,725
- Average return on equity (ROE) among peers: -17.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Altina Capital Corp (ALTN-P) | CA$44.91K | -16.27% | 3.95x | $65.59K |
| First Tidal Acquisition Corp. (AAA-P) | $271.64K | -12.76% | 0.07x | $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 |
| AMG Acquisition Corp (AMG-P) | $454.39K | -24.61% | 0.02x | $54.31K |