ClimateRock Right
ClimateRock focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to pursue an initial business combination within climate change, environment, renewable energy and emerging, and clean technologies. The company was incorporated in 2021 and is based in London, the United Kingdom.
ClimateRock Right (CLRCR) - Total Assets
Latest total assets as of September 2024: $28.92 Million USD
Based on the latest financial reports, ClimateRock Right (CLRCR) holds total assets worth $28.92 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.
ClimateRock Right - Total Assets Trend (2021–2023)
This chart illustrates how ClimateRock Right’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
ClimateRock Right - Asset Composition Analysis
Current Asset Composition (December 2023)
ClimateRock Right's total assets of $28.92 Million consist of 0.2% current assets and 99.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.2% |
| 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 ClimateRock Right'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: ClimateRock Right's current assets represent 0.2% of total assets in 2023, a decrease from 100.0% in 2021.
- Cash Position: Cash and equivalents constituted 0.2% of total assets in 2023, up from 0.0% 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.
ClimateRock Right Competitors by Total Assets
Key competitors of ClimateRock Right based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
| No similar companies found. | ||
ClimateRock Right - 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 - ClimateRock Right generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - ClimateRock Right is currently not profitable relative to its asset base.
ClimateRock Right - 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 | 0.00 | 5.61 | 1.09 |
| Quick Ratio | 0.00 | 5.61 | 1.09 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-5.29 Million | $ 23.03 Million | $ 19.07K |
ClimateRock Right - Advanced Valuation Insights
This section examines the relationship between ClimateRock Right'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 | - |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -65.0% |
| Total Assets | $28.57 Million |
| Market Capitalization | $312.92K USD |
Valuation Analysis
Below Book Valuation: The market values ClimateRock Right's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: ClimateRock Right's assets decreased by 65.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for ClimateRock Right (2021–2023)
The table below shows the annual total assets of ClimateRock Right from 2021 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $28.57 Million | -64.97% |
| 2022-12-31 | $81.56 Million | +97757.47% |
| 2021-12-31 | $83.34K | -- |