PowerUp Acquisition Corp
PowerUp Acquisition Corp. 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. It intends to focus on video gaming, gaming adjacent, and metaverse businesses. PowerUp Acquisition Corp. was incorporated in 2021 and is based in New York, New Yor… Read more
PowerUp Acquisition Corp (PWUP) - Total Assets
Latest total assets as of September 2024: $6.66 Million USD
Based on the latest financial reports, PowerUp Acquisition Corp (PWUP) holds total assets worth $6.66 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.
PowerUp Acquisition Corp - Total Assets Trend (2021–2023)
This chart illustrates how PowerUp Acquisition Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
PowerUp Acquisition Corp - Asset Composition Analysis
Current Asset Composition (December 2023)
PowerUp Acquisition Corp's total assets of $6.66 Million consist of 0.4% current assets and 99.6% 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 PowerUp 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: PowerUp Acquisition Corp's current assets represent 0.4% of total assets in 2023, a decrease from 100.0% 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.
PowerUp Acquisition Corp Competitors by Total Assets
Key competitors of PowerUp Acquisition Corp 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 |
PowerUp 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 - PowerUp 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
Excellent ROA - For every $100 in assets, PowerUp Acquisition Corp generates $ 22.34 in net profit.
PowerUp 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 | 0.01 | 0.80 | 24.40 |
| Quick Ratio | 0.01 | 0.80 | 24.40 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-6.51 Million | $ -62.95K | $ 1.21 Million |
PowerUp Acquisition Corp - Advanced Valuation Insights
This section examines the relationship between PowerUp 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 | 794.70 |
| Latest Market Cap to Assets Ratio | 0.06 |
| Asset Growth Rate (YoY) | -93.3% |
| Total Assets | $19.98 Million |
| Market Capitalization | $1.18 Million USD |
Valuation Analysis
Below Book Valuation: The market values PowerUp Acquisition Corp's assets below their book value (0.06 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: PowerUp Acquisition Corp's assets decreased by 93.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for PowerUp Acquisition Corp (2021–2023)
The table below shows the annual total assets of PowerUp Acquisition Corp from 2021 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $19.98 Million | -93.34% |
| 2022-12-31 | $300.18 Million | +102273.98% |
| 2021-12-31 | $293.22K | -- |