Cartesian Growth Corporation II Class A Ordinary Shares (RENE) - Total Assets
Based on the latest financial reports, Cartesian Growth Corporation II Class A Ordinary Shares (RENE) holds total assets worth $85.00 Million USD as of December 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.
Cartesian Growth Corporation II Class A Ordinary Shares - Total Assets Trend (2021–2024)
This chart illustrates how Cartesian Growth Corporation II Class A Ordinary Shares's total assets have evolved over time, based on quarterly financial data. Also see RENE company net worth for the company's overall valuation and market capitalisation.
Cartesian Growth Corporation II Class A Ordinary Shares - Asset Composition Analysis
Current Asset Composition (December 2024)
Cartesian Growth Corporation II Class A Ordinary Shares's total assets of $85.00 Million consist of 0.5% current assets and 99.5% non-current assets. Review Cartesian Growth Corporation II Class A total liabilities to assess the company's total debt and financial obligations.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.3% |
| 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 Cartesian Growth Corporation II Class A Ordinary Shares'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 RENE stock price and chart for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Cartesian Growth Corporation II Class A Ordinary Shares's current assets represent 0.5% of total assets in 2024, an increase from 0.0% in 2021.
- Cash Position: Cash and equivalents constituted 0.3% of total assets in 2024, up from 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.
Cartesian Growth Corporation II Class A Ordinary Shares Competitors by Total Assets
Key competitors of Cartesian Growth Corporation II Class A Ordinary Shares based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
HCM II Acquisition Corp. Unit
NASDAQ:HONDU
|
USA | $243.10 Million |
|
K2 Capital Acquisition Corporation
NASDAQ:KTWO
|
USA | $140.00 Million |
|
K&F Growth Acquisition Corp. II Class A Ordinary shares
NASDAQ:KFII
|
USA | $300.60 Million |
|
Centurion Acquisition Corp.
NASDAQ:ALF
|
USA | $310.95 Million |
|
Siddhi Acquisition Corp Class A Common stock
NASDAQ:SDHI
|
USA | $291.39 Million |
|
HCM IV Acquisition Corp. Class A Ordinary Share
NASDAQ:HACQ
|
USA | $292.15 Million |
|
Columbus Circle Capital Corp I Class A Ordinary Shares
NASDAQ:CCCM
|
USA | $252.55 Million |
|
Rithm Acquisition Corp.
NYSE:RAC
|
USA | $241.08 Million |
Cartesian Growth Corporation II Class A Ordinary Shares - 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 | 0.13 | 0.22 | 5.24 |
| Quick Ratio | 0.13 | 0.22 | 5.24 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-3.04 Million | $-1.20 Million | $970.09K |
Cartesian Growth Corporation II Class A Ordinary Shares - Advanced Valuation Insights
This section examines the relationship between Cartesian Growth Corporation II Class A Ordinary Shares'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 | 2.41 |
| Latest Market Cap to Assets Ratio | 1.82 |
| Asset Growth Rate (YoY) | -51.3% |
| Total Assets | $85.00 Million |
| Market Capitalization | $154.70 Million USD |
Valuation Analysis
Above Book Valuation: The market values Cartesian Growth Corporation II Class A Ordinary Shares's assets above their book value (1.82x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: Cartesian Growth Corporation II Class A Ordinary Shares's assets decreased by 51.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Cartesian Growth Corporation II Class A Ordinary Shares (2021–2024)
The table below shows the annual total assets of Cartesian Growth Corporation II Class A Ordinary Shares from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $85.00 Million | -51.31% |
| 2023-12-31 | $174.58 Million | -27.44% |
| 2022-12-31 | $240.60 Million | +51794.15% |
| 2021-12-31 | $463.63K | -- |
About Cartesian Growth Corporation II Class A Ordinary Shares
Cartesian Growth Corporation II does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in New York, New York.