Auka Capital Corp.
Auka Capital Corp. does not have significant operations. The company focuses on the identification and evaluation of assets or a business with a view to complete a qualifying transaction. Auka Capital Corp. was incorporated in 2021 and is headquartered in Calgary, Canada.
Auka Capital Corp. (AUK-P) - Net Assets
Latest net assets as of September 2024: CA$428.54K CAD
Based on the latest financial reports, Auka Capital Corp. (AUK-P) has net assets worth CA$428.54K 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$433.50K) and total liabilities (CA$4.97K). 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$428.54K |
| % of Total Assets | 98.85% |
| Annual Growth Rate | 146.6% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 281.97 |
Auka Capital Corp. - Net Assets Trend (2021–2023)
This chart illustrates how Auka 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 Auka Capital Corp. (2021–2023)
The table below shows the annual net assets of Auka Capital Corp. from 2021 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | CA$700.56K | -7.48% |
| 2022-12-31 | CA$757.17K | +556.46% |
| 2021-12-31 | CA$115.34K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Auka 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 28978400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$1.00 Million | 142.74% |
| Total Equity | CA$700.56K | 100.00% |
Auka Capital Corp. Competitors by Market Cap
The table below lists competitors of Auka Capital Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Global X Funds
NYSE:GXIG
|
$229.78K |
|
BALIMA
BC:BALIMA
|
$229.92K |
|
TOSHIBA MACHINE CO
BE:TOA
|
$230.01K |
|
Europlasma SA
PA:ALEUP
|
$230.08K |
|
TENM
BATS:TENM
|
$229.76K |
|
NYSE LISTED TEST STOCK FOR CTS AND CQS
NYSE:CBO
|
$229.57K |
|
Small Cap Premium & Dividend Income Fund Inc
NYSE:RCC
|
$229.57K |
|
Sephaku Holdings Ltd
JSE:SEP
|
$229.12K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Auka Capital Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 757,166 to 700,557, a change of -56,609 (-7.5%).
- Net loss of 56,609 reduced equity.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-56.61K | -8.08% |
| Total Change | CA$- | -7.48% |
Book Value vs Market Value Analysis
This analysis compares Auka 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: 1.96x
- 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 11.92x to 1.96x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | CA$0.01 | CA$0.11 | x |
| 2022-12-31 | CA$0.06 | CA$0.11 | x |
| 2023-12-31 | CA$0.06 | CA$0.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Auka Capital Corp. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -8.08%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.02x
- Recent ROE (-8.08%) is above the historical average (-19.44%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -30.80% | 0.00% | 0.00x | 1.05x | CA$-308.89K |
| 2023 | -8.08% | 0.00% | 0.00x | 1.02x | CA$-126.66K |
Industry Comparison
This section compares Auka Capital Corp.'s net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $339,358
- Average return on equity (ROE) among peers: -47.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Auka Capital Corp. (AUK-P) | CA$428.54K | -30.80% | 0.01x | $229.77K |
| First Tidal Acquisition Corp. (AAA-P) | $189.87K | 0.00% | 0.03x | $106.95K |
| AAJ Capital 3 Corp. (AAAJ-P) | $293.42K | -38.74% | 0.28x | $50.13K |
| AD4 Capital Corp. (ADJ-P) | $498.36K | 0.00% | 0.06x | $10.44K |
| AF2 Capital Corp (AF-P) | $75.00K | -33.33% | 0.33x | $45.26K |
| AIM5 Ventures Inc (AIME-P) | $287.99K | -18.34% | 0.05x | $142.04K |
| Apolo IV Acquisition Corp (AIV-P) | $1.01 Million | -5.12% | 0.04x | $33.42K |
| A-Labs Capital II Corp (ALAB-P) | $206.74K | -64.79% | 0.12x | $38.61K |
| Albatros Acquisition Corporation Inc. (ALBT-P) | $258.08K | -23.92% | 0.16x | $13.43K |
| Altina Capital Corp (ALTN-P) | $122.89K | -270.88% | 2.17x | $65.59K |
| AMG Acquisition Corp (AMG-P) | $454.39K | -24.61% | 0.02x | $54.31K |