Qomolangma Acquisition Corp. Common Stock

NASDAQ:QOMO USA Shell Companies
Market Cap
$28.88 Million
Market Cap Rank
#29202 Global
#9687 in USA
Share Price
$11.55
Change (1 day)
+0.00%
52-Week Range
$11.55 - $11.55
All Time High
$12.65
About

Qomolangma Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. The company intends to acquire businesses in the internet and high technology, financial technology, clean energy, agriculture machinery, health care, consumer a… Read more

Qomolangma Acquisition Corp. Common Stock (QOMO) - Total Assets

Latest total assets as of June 2024: $9.48 Million USD

Based on the latest financial reports, Qomolangma Acquisition Corp. Common Stock (QOMO) holds total assets worth $9.48 Million USD as of June 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.

Qomolangma Acquisition Corp. Common Stock - Total Assets Trend (2021–2024)

This chart illustrates how Qomolangma Acquisition Corp. Common Stock’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Qomolangma Acquisition Corp. Common Stock - Asset Composition Analysis

Current Asset Composition (December 2024)

Qomolangma Acquisition Corp. Common Stock's total assets of $9.48 Million consist of 0.8% current assets and 99.2% non-current assets.

Asset Category Amount (USD) % of Total Assets
Cash & Equivalents $0.00 0.1%
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 (2021–2024)

This chart illustrates how Qomolangma Acquisition Corp. 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: Qomolangma Acquisition Corp. Common Stock's current assets represent 0.8% of total assets in 2024, a decrease from 53.8% in 2021.
  • Cash Position: Cash and equivalents constituted 0.1% of total assets in 2024, down from 53.8% 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.

Qomolangma Acquisition Corp. Common Stock Competitors by Total Assets

Key competitors of Qomolangma Acquisition Corp. Common Stock based on total assets are shown below.

Qomolangma Acquisition Corp. 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

Historical Range: 0.00 - 0.01

Lower asset utilization - Qomolangma Acquisition Corp. 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

Historical Range: -1.48% - 0.25%

Negative ROA - Qomolangma Acquisition Corp. Common Stock is currently not profitable relative to its asset base.

Qomolangma Acquisition Corp. 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 0.01 0.01 0.74
Quick Ratio 0.01 0.01 0.74
Cash Ratio 0.00 0.00 0.00
Working Capital $-2.98 Million $ -23.74 Million $ -63.63K

Qomolangma Acquisition Corp. Common Stock - Advanced Valuation Insights

This section examines the relationship between Qomolangma Acquisition Corp. 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 6.65
Latest Market Cap to Assets Ratio 0.92
Asset Growth Rate (YoY) 0.0%
Total Assets $9.38 Million
Market Capitalization $8.60 Million USD

Valuation Analysis

Near Book Valuation: The market values Qomolangma Acquisition Corp. Common Stock's assets close to their book value ( 0.92x), suggesting investors view the company's assets at approximately fair value.

Slight Asset Contraction: Qomolangma Acquisition Corp. Common Stock's assets decreased by 0.0% over the past year, which may reflect streamlining or optimization of resources.

Annual Total Assets for Qomolangma Acquisition Corp. Common Stock (2021–2024)

The table below shows the annual total assets of Qomolangma Acquisition Corp. Common Stock from 2021 to 2024.

Year Total Assets Change
2024-12-31 $9.38 Million 0.00%
2023-12-31 $9.38 Million -82.76%
2022-12-31 $54.39 Million +18814.22%
2021-12-31 $287.56K --