Insight Acquisition Corp. Class A Common Stock
Insight Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the FinTech, wealth, asset, investment management, and insurance tech sectors. The company was incorporated in 2021 and is based in New York, New York. Insight Acquis… Read more
Insight Acquisition Corp. Class A Common Stock (INAQ) - Total Assets
Latest total assets as of September 2024: $6.32 Million USD
Based on the latest financial reports, Insight Acquisition Corp. Class A Common Stock (INAQ) holds total assets worth $6.32 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.
Insight Acquisition Corp. Class A Common Stock - Total Assets Trend (2021–2023)
This chart illustrates how Insight Acquisition Corp. Class A Common Stock’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Insight Acquisition Corp. Class A Common Stock - Asset Composition Analysis
Current Asset Composition (December 2023)
Insight Acquisition Corp. Class A Common Stock's total assets of $6.32 Million consist of 13.7% current assets and 86.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.6% |
| Accounts Receivable | $1.27 Million | 10.3% |
| Inventory | $-1.58 Million | -12.8% |
| 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 Insight Acquisition Corp. Class A Common Stock'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: Insight Acquisition Corp. Class A Common Stock's current assets represent 13.7% of total assets in 2023, an increase from 0.7% in 2021.
- Cash Position: Cash and equivalents constituted 2.6% of total assets in 2023, up from 0.4% 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 accounts receivable at 10.3% of total assets.
Insight Acquisition Corp. Class A Common Stock Competitors by Total Assets
Key competitors of Insight Acquisition Corp. Class A Common Stock based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
464680
KQ:464680
|
Korea | ₩31.23 Billion |
|
Cartesian Growth Corporation III Unit
NASDAQ:CGCTU
|
USA | $281.56 Million |
|
Azure Holding Group Corp
PINK:AZRH
|
USA | $16.92 Million |
|
Constellation Capital Corp.
V:CNST-P
|
Canada | CA$627.53K |
|
Little Fish Acquisition I Corp.
V:LILL-P
|
Canada | CA$56.48K |
|
Hana 30 Special Purpose Acquisition Company
KQ:469880
|
Korea | ₩17.89 Billion |
|
Chicane Capital I Corp.
V:CCIC-P
|
Canada | CA$199.07K |
|
Cuspis Capital II Ltd
V:CCII-P
|
Canada | CA$1.51 Million |
Insight Acquisition Corp. Class A Common Stock - 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 - Insight Acquisition Corp. Class A Common Stock 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 - Insight Acquisition Corp. Class A Common Stock is currently not profitable relative to its asset base.
Insight Acquisition Corp. Class A Common Stock - 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 | 0.31 | 0.06 |
| Quick Ratio | 0.07 | 0.60 | 0.06 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-5.27 Million | $ -3.19 Million | $ -380.73K |
Insight Acquisition Corp. Class A Common Stock - Advanced Valuation Insights
This section examines the relationship between Insight Acquisition Corp. Class A Common Stock'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 | 3.81 |
| Latest Market Cap to Assets Ratio | 0.07 |
| Asset Growth Rate (YoY) | -95.0% |
| Total Assets | $12.35 Million |
| Market Capitalization | $921.81K USD |
Valuation Analysis
Below Book Valuation: The market values Insight Acquisition Corp. Class A Common Stock's assets below their book value (0.07 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Insight Acquisition Corp. Class A Common Stock's assets decreased by 95.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Insight Acquisition Corp. Class A Common Stock (2021–2023)
The table below shows the annual total assets of Insight Acquisition Corp. Class A Common Stock from 2021 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $12.35 Million | -94.95% |
| 2022-12-31 | $244.85 Million | +0.79% |
| 2021-12-31 | $242.94 Million | -- |