Bynordic Acquisition Corp
byNordic Acquisition Corporation does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It focusses on acquiring businesses in the financial technology sector in Northern Europe. The company was incorporated in 2019 and is based in Malmö, S… Read more
Bynordic Acquisition Corp (BYNO) - Total Assets
Latest total assets as of September 2024: $13.70 Million USD
Based on the latest financial reports, Bynordic Acquisition Corp (BYNO) holds total assets worth $13.70 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.
Bynordic Acquisition Corp - Total Assets Trend (2019–2023)
This chart illustrates how Bynordic Acquisition Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Bynordic Acquisition Corp - Asset Composition Analysis
Current Asset Composition (December 2023)
Bynordic Acquisition Corp's total assets of $13.70 Million consist of 5.6% current assets and 94.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 5.5% |
| 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 (2019–2023)
This chart illustrates how Bynordic Acquisition 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: Bynordic Acquisition Corp's current assets represent 5.6% of total assets in 2023, an increase from 0.0% in 2019.
- Cash Position: Cash and equivalents constituted 5.5% of total assets in 2023, up from 0.0% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Bynordic Acquisition Corp Competitors by Total Assets
Key competitors of Bynordic Acquisition 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 |
Bynordic Acquisition 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 - Bynordic Acquisition 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, Bynordic Acquisition Corp generates $8.14 in net profit.
Bynordic Acquisition 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 | 0.24 | 0.19 | 0.01 |
| Quick Ratio | 0.24 | 0.19 | 0.01 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-6.32 Million | $ -4.20 Million | $ -539.92K |
Bynordic Acquisition Corp - Advanced Valuation Insights
This section examines the relationship between Bynordic Acquisition 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 | 4.01 |
| Latest Market Cap to Assets Ratio | 0.17 |
| Asset Growth Rate (YoY) | -76.7% |
| Total Assets | $41.86 Million |
| Market Capitalization | $7.03 Million USD |
Valuation Analysis
Below Book Valuation: The market values Bynordic Acquisition Corp's assets below their book value (0.17 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Bynordic Acquisition Corp's assets decreased by 76.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Bynordic Acquisition Corp (2019–2023)
The table below shows the annual total assets of Bynordic Acquisition Corp from 2019 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $41.86 Million | -76.73% |
| 2022-12-31 | $179.84 Million | +26505.32% |
| 2021-12-31 | $675.97K | +77.65% |
| 2020-12-31 | $380.50K | +164.70% |
| 2019-12-31 | $143.75K | -- |