LatAmGrowth SPAC
Chenghe Acquisition I Co. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to focus search for an initial business combination in the TMT, green energy, biotechnology, optoelectronics, and other sectors in the Asia P… Read more
LatAmGrowth SPAC (LATG) - Total Assets
Latest total assets as of September 2024: $45.87 Million USD
Based on the latest financial reports, LatAmGrowth SPAC (LATG) holds total assets worth $45.87 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.
LatAmGrowth SPAC - Total Assets Trend (2021–2023)
This chart illustrates how LatAmGrowth SPAC’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
LatAmGrowth SPAC - Asset Composition Analysis
Current Asset Composition (December 2023)
LatAmGrowth SPAC's total assets of $45.87 Million consist of 0.0% current assets and 100.0% 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 LatAmGrowth SPAC'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: LatAmGrowth SPAC's current assets represent 0.0% of total assets in 2023, an increase from 0.0% in 2021.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2023, the same as 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.
LatAmGrowth SPAC Competitors by Total Assets
Key competitors of LatAmGrowth SPAC 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 |
LatAmGrowth SPAC - 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 - LatAmGrowth SPAC generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, LatAmGrowth SPAC generates $ 0.98 in net profit.
LatAmGrowth SPAC - 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 | 0.01 | 0.44 | 3.93 |
| Quick Ratio | 0.01 | 0.44 | 3.93 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-4.47 Million | $ -684.61K | $ 1.47 Million |
LatAmGrowth SPAC - Advanced Valuation Insights
This section examines the relationship between LatAmGrowth SPAC'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 | 1.97 |
| Latest Market Cap to Assets Ratio | 0.88 |
| Asset Growth Rate (YoY) | -67.9% |
| Total Assets | $43.61 Million |
| Market Capitalization | $38.17 Million USD |
Valuation Analysis
Near Book Valuation: The market values LatAmGrowth SPAC's assets close to their book value ( 0.88x), suggesting investors view the company's assets at approximately fair value.
Significant Asset Reduction: LatAmGrowth SPAC's assets decreased by 67.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for LatAmGrowth SPAC (2021–2023)
The table below shows the annual total assets of LatAmGrowth SPAC from 2021 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $43.61 Million | -67.88% |
| 2022-12-31 | $135.79 Million | +30866.17% |
| 2021-12-31 | $438.50K | -- |