Newbury Street Acquisition Corp (NBST) - Total Assets
Based on the latest financial reports, Newbury Street Acquisition Corp (NBST) holds total assets worth $22.97 Million USD as of March 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.
Newbury Street Acquisition Corp - Total Assets Trend (2021–2023)
This chart illustrates how Newbury Street Acquisition Corp's total assets have evolved over time, based on quarterly financial data. Also see Newbury Street Acquisition Corp market cap and net worth for the company's overall valuation and market capitalisation.
Newbury Street Acquisition Corp - Asset Composition Analysis
Current Asset Composition (December 2023)
Newbury Street Acquisition Corp's total assets of $22.97 Million consist of 4.3% current assets and 95.7% non-current assets. Review NBST total debt and obligations to assess the company's total debt and financial obligations.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 4.2% |
| Accounts Receivable | $4.45K | 0.0% |
| Inventory | $-4.45K | 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 Newbury Street 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. See NBST stock price for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Newbury Street Acquisition Corp's current assets represent 4.3% of total assets in 2023, an increase from 0.5% in 2021.
- Cash Position: Cash and equivalents constituted 4.2% of total assets in 2023, up from 0.3% 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 0.0% of total assets.
Newbury Street Acquisition Corp Competitors by Total Assets
Key competitors of Newbury Street Acquisition Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
New Providence Acquisition Corp. III Class A Ordinary Shares
NASDAQ:NPAC
|
USA | $310.81 Million |
|
Live Oak Acquisition Corp. V Class A Ordinary Shares
NASDAQ:LOKV
|
USA | $240.47 Million |
|
OneIM Acquisition Corp. Class A Ordinary Shares
NASDAQ:OIM
|
USA | $293.03 Million |
|
ProCap Acquisition Corp Class A Ordinary Shares
NASDAQ:PCAP
|
USA | $261.20 Million |
|
Jackson Acquisition Company II
NYSE:JACS
|
USA | $245.21 Million |
|
Graf Global Corp
NYSE MKT:GRAF
|
USA | $243.44 Million |
|
Pyrophyte Acquisition Corp. II
NYSE:PAII
|
USA | $206.36 Million |
|
SPACSphere Acquisition Corp. Class A Ordinary Shares
NASDAQ:SSAC
|
USA | $175.44 Million |
Newbury Street 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 | 0.06 | 0.01 | 0.21 |
| Quick Ratio | 0.06 | 0.01 | 0.21 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-15.50 Million | $-83.19 Million | $-91.84K |
Newbury Street Acquisition Corp - Advanced Valuation Insights
This section examines the relationship between Newbury Street 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 | 8.07 |
| Latest Market Cap to Assets Ratio | 1.78 |
| Asset Growth Rate (YoY) | -82.7% |
| Total Assets | $22.54 Million |
| Market Capitalization | $40.11 Million USD |
Valuation Analysis
Above Book Valuation: The market values Newbury Street Acquisition Corp's assets above their book value (1.78x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: Newbury Street Acquisition Corp's assets decreased by 82.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Newbury Street Acquisition Corp (2021–2023)
The table below shows the annual total assets of Newbury Street Acquisition Corp from 2021 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $22.54 Million | -82.67% |
| 2022-12-31 | $130.08 Million | +0.74% |
| 2021-12-31 | $129.13 Million | -- |
About Newbury Street Acquisition Corp
Newbury Street 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 focuses its search on a technology business in the consumer internet or media space, including sports and entertainment verticals. The company … Read more