APx Acquisition I Corp
APx Acquisition Corp. I. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in Nashville, Tennessee.
APx Acquisition I Corp (APXI) - Total Assets
Latest total assets as of September 2024: $66.17 Million USD
Based on the latest financial reports, APx Acquisition I Corp (APXI) holds total assets worth $66.17 Million USD as of September 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
APx Acquisition I Corp - Total Assets Trend (2021–2023)
This chart illustrates how APx Acquisition I Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
APx Acquisition I Corp - Asset Composition Analysis
Current Asset Composition (December 2023)
APx Acquisition I Corp's total assets of $66.17 Million consist of 0.5% current assets and 99.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.0% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2021–2023)
This chart illustrates how APx Acquisition I Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: APx Acquisition I Corp's current assets represent 0.5% of total assets in 2023, a decrease from 0.6% in 2021.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2023, down from 0.5% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
APx Acquisition I Corp Competitors by Total Assets
Key competitors of APx Acquisition I Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Aldel Financial II Inc. Class A Ordinary Shares
NASDAQ:ALDF
|
USA | $239.11 Million |
|
ChampionsGate Acquisition Corp
NASDAQ:CHPGU
|
USA | $76.27 Million |
|
Atlas Resources International Inc
PINK:ALSI
|
USA | $6.96K |
|
Itokk Inc
PINK:IKTO
|
USA | $2.24 Million |
|
Chicane Capital I Corp.
V:CCIC-P
|
Canada | CA$199.07K |
|
Cuspis Capital II Ltd
V:CCII-P
|
Canada | CA$1.51 Million |
|
Aloys Inc.
KQ:297570
|
Korea | ₩111.17 Billion |
|
Nh Special Purpose Acquisition 14 Co. Ltd
KQ:319400
|
Korea | ₩255.48 Billion |
APx Acquisition I Corp - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - APx Acquisition I Corp generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, APx Acquisition I Corp generates $6.79 in net profit.
APx Acquisition I Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.07 | 0.17 | 3.42 |
| Quick Ratio | 0.07 | 0.17 | 3.42 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-3.70 Million | $ -167.89K | $ 780.46K |
APx Acquisition I Corp - Advanced Valuation Insights
This section examines the relationship between APx Acquisition I Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.92 |
| Latest Market Cap to Assets Ratio | 0.76 |
| Asset Growth Rate (YoY) | -64.9% |
| Total Assets | $62.70 Million |
| Market Capitalization | $47.51 Million USD |
Valuation Analysis
Below Book Valuation: The market values APx Acquisition I Corp's assets below their book value (0.76 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: APx Acquisition I Corp's assets decreased by 64.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for APx Acquisition I Corp (2021–2023)
The table below shows the annual total assets of APx Acquisition I Corp from 2021 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $62.70 Million | -64.88% |
| 2022-12-31 | $178.50 Million | +0.74% |
| 2021-12-31 | $177.19 Million | -- |