Baltic I Acquisition Corp
Baltic I Acquisition Corp. does not have significant operations. The company intends to identify and evaluate businesses or assets with a view to complete a qualifying transaction. Baltic I Acquisition Corp. was incorporated in 2018 and is based in Vancouver, Canada.
Baltic I Acquisition Corp (BLTC-P) - Net Assets
Latest net assets as of September 2025: CA$97.78K CAD
Based on the latest financial reports, Baltic I Acquisition Corp (BLTC-P) has net assets worth CA$97.78K CAD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$100.39K) and total liabilities (CA$2.61K). 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$97.78K |
| % of Total Assets | 97.4% |
| Annual Growth Rate | -17.79% |
| 5-Year Change | -66.0% |
| 10-Year Change | N/A |
| Growth Volatility | 25.6 |
Baltic I Acquisition Corp - Net Assets Trend (2019–2024)
This chart illustrates how Baltic I 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 Baltic I Acquisition Corp (2019–2024)
The table below shows the annual net assets of Baltic I Acquisition Corp from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$122.80K | +18.90% |
| 2023-12-31 | CA$103.28K | -20.89% |
| 2022-12-31 | CA$130.56K | -25.04% |
| 2021-12-31 | CA$174.18K | -51.78% |
| 2020-12-31 | CA$361.20K | +10.44% |
| 2019-12-31 | CA$327.06K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Baltic I 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 46998000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$624.74K | 508.76% |
| Total Equity | CA$122.80K | 100.00% |
Baltic I Acquisition Corp Competitors by Market Cap
The table below lists competitors of Baltic I Acquisition Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BMS
KLSE:0385
|
$366.12 |
|
Belluscura Plc
LSE:BELL
|
$366.21 |
|
Burj Clean Energy
KAR:GEMBCEM
|
$366.26 |
|
Catenai PLC
LSE:CTAI
|
$366.36 |
|
RAMAYANA LESTARI
MU:OAIA
|
$365.98 |
|
Prime Holding
EGX:PRMH
|
$365.58 |
|
Martin Currie Global Portfolio Trust plc
LSE:MNP
|
$365.56 |
|
inTerra Resources Corp
PINK:ITRX
|
$365.53 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Baltic I Acquisition Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 103,278 to 122,797, a change of 19,519 (18.9%).
- Net income of 19,519 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$19.52K | +15.9% |
| Total Change | CA$- | 18.90% |
Book Value vs Market Value Analysis
This analysis compares Baltic I 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: 4.51x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 1.60x to 4.51x 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$0.03 | CA$0.06 | x |
| 2020-12-31 | CA$0.04 | CA$0.06 | x |
| 2021-12-31 | CA$0.02 | CA$0.06 | x |
| 2022-12-31 | CA$0.01 | CA$0.06 | x |
| 2023-12-31 | CA$0.01 | CA$0.06 | x |
| 2024-12-31 | CA$0.01 | CA$0.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Baltic I Acquisition Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 15.90%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.19x
- Recent ROE (15.90%) is above the historical average (-38.97%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -9.77% | 0.00% | 0.00x | 1.03x | CA$-64.67K |
| 2020 | -57.43% | 0.00% | 0.00x | 1.40x | CA$-243.56K |
| 2021 | -116.97% | 0.00% | 0.00x | 2.61x | CA$-221.15K |
| 2022 | -39.11% | 0.00% | 0.00x | 2.26x | CA$-64.11K |
| 2023 | -26.41% | 0.00% | 0.00x | 2.62x | CA$-37.60K |
| 2024 | 15.90% | 0.00% | 0.00x | 1.19x | CA$7.24K |
Industry Comparison
This section compares Baltic I Acquisition Corp's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $320,719
- Average return on equity (ROE) among peers: -15.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Baltic I Acquisition Corp (BLTC-P) | CA$97.78K | -9.77% | 0.03x | $366.09 |
| 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 |
| 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 |