Badger Capital Corp
Badger Capital Corp. does not have significant operations. It intends to identify and evaluate assets or businesses with a view to complete the qualifying transaction. The company was incorporated in 2020 and is headquartered in Vancouver, Canada.
Badger Capital Corp (YVR-P) - Net Assets
Latest net assets as of August 2025: CA$275.50K CAD
Based on the latest financial reports, Badger Capital Corp (YVR-P) has net assets worth CA$275.50K CAD as of August 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$377.74K) and total liabilities (CA$102.24K). 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$275.50K |
| % of Total Assets | 72.93% |
| Annual Growth Rate | 17.96% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 55.15 |
Badger Capital Corp - Net Assets Trend (2020–2024)
This chart illustrates how Badger 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 Badger Capital Corp (2020–2024)
The table below shows the annual net assets of Badger Capital Corp from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-11-30 | CA$403.99K | -16.56% |
| 2023-11-30 | CA$484.14K | +20.88% |
| 2022-11-30 | CA$400.51K | -12.77% |
| 2021-11-30 | CA$459.12K | +120.03% |
| 2020-11-30 | CA$208.66K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Badger 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 34044800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (November 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$755.78K | 187.08% |
| Total Equity | CA$403.99K | 100.00% |
Badger Capital Corp Competitors by Market Cap
The table below lists competitors of Badger Capital Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
STRATS SM Trust for Allstate Corp Securities Series 2006-3 IC
NYSE:GJT
|
$222.98K |
|
Tinybeans Group Limited
PINK:TNYYF
|
$223.12K |
|
Axis Auto Finance Inc
TO:AXIS
|
$223.46K |
|
INPEX - Dusseldorf Stock Exchang
DU:I8U
|
$223.47K |
|
Groupe Carnivor SA
PA:MLGRC
|
$222.70K |
|
LB Pharmaceuticals Inc Common Stock
NASDAQ:LBRX
|
$222.59K |
|
INTERPARFUMS
STU:I8P
|
$222.52K |
|
BankInv Glob AktAnsv Udv Akk A
CO:BAIGAAUAA
|
$222.52K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Badger Capital Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 484,145 to 403,989, a change of -80,156 (-16.6%).
- Net loss of 80,156 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-80.16K | -19.84% |
| Total Change | CA$- | -16.56% |
Book Value vs Market Value Analysis
This analysis compares Badger 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: 4.75x
- 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 decreased from 6.59x to 4.75x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-11-30 | CA$0.02 | CA$0.16 | x |
| 2021-11-30 | CA$0.05 | CA$0.16 | x |
| 2022-11-30 | CA$0.05 | CA$0.16 | x |
| 2023-11-30 | CA$0.04 | CA$0.16 | x |
| 2024-11-30 | CA$0.03 | CA$0.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Badger Capital Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -19.84%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.06x
- Recent ROE (-19.84%) is below the historical average (-19.39%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -27.63% | 0.00% | 0.00x | 1.03x | CA$-172.77K |
| 2022 | -14.63% | 0.00% | 0.00x | 1.04x | CA$-98.66K |
| 2023 | -15.45% | 0.00% | 0.00x | 1.04x | CA$-123.24K |
| 2024 | -19.84% | 0.00% | 0.00x | 1.06x | CA$-120.55K |
Industry Comparison
This section compares Badger Capital 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 |
|---|---|---|---|---|
| Badger Capital Corp (YVR-P) | CA$275.50K | -27.63% | 0.37x | $222.80K |
| 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 |