Target Global Acquisition I Corp. Warrant

NASDAQ:TGAAW USA Shell Companies
Market Cap
$846.08
Market Cap Rank
#39937 Global
#12986 in USA
Share Price
$0.09
Change (1 day)
+0.00%
52-Week Range
$0.09 - $0.09
All Time High
$0.49
About

Target Global Acquisition I Corp. does not have significant operations. It 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 on companies operating in the consumer internet, mobility, and financial technology sectors. The company was incorporated in 2021 and… Read more

Target Global Acquisition I Corp. Warrant (TGAAW) - Total Assets

Latest total assets as of September 2024: $20.58 Million USD

Based on the latest financial reports, Target Global Acquisition I Corp. Warrant (TGAAW) holds total assets worth $20.58 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.

Target Global Acquisition I Corp. Warrant - Total Assets Trend (2021–2023)

This chart illustrates how Target Global Acquisition I Corp. Warrant’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Target Global Acquisition I Corp. Warrant - Asset Composition Analysis

Current Asset Composition (December 2023)

Target Global Acquisition I Corp. Warrant's total assets of $20.58 Million consist of 0.1% current assets and 99.9% 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 Target Global Acquisition I Corp. Warrant'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: Target Global Acquisition I Corp. Warrant's current assets represent 0.1% of total assets in 2023, a decrease from 0.6% in 2021.
  • Cash Position: Cash and equivalents constituted 0.0% of total assets in 2023, down from 0.5% 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.

Target Global Acquisition I Corp. Warrant Competitors by Total Assets

Key competitors of Target Global Acquisition I Corp. Warrant based on total assets are shown below.

Target Global Acquisition I Corp. Warrant - 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 - 0.00

Lower asset utilization - Target Global Acquisition I Corp. Warrant 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: 2.26% - 8.19%

Solid ROA - For every $100 in assets, Target Global Acquisition I Corp. Warrant generates $8.19 in net profit.

Target Global Acquisition I Corp. Warrant - 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 0.05 2.07
Quick Ratio 0.01 0.05 2.07
Cash Ratio 0.00 0.00 0.00
Working Capital $-3.54 Million $ -2.00 Million $ 624.02K

Target Global Acquisition I Corp. Warrant - Advanced Valuation Insights

This section examines the relationship between Target Global Acquisition I Corp. Warrant'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 -
Latest Market Cap to Assets Ratio 0.00
Asset Growth Rate (YoY) -80.5%
Total Assets $43.45 Million
Market Capitalization $161.18K USD

Valuation Analysis

Below Book Valuation: The market values Target Global Acquisition I Corp. Warrant's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.

Significant Asset Reduction: Target Global Acquisition I Corp. Warrant's assets decreased by 80.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.

Annual Total Assets for Target Global Acquisition I Corp. Warrant (2021–2023)

The table below shows the annual total assets of Target Global Acquisition I Corp. Warrant from 2021 to 2023.

Year Total Assets Change
2023-12-31 $43.45 Million -80.49%
2022-12-31 $222.74 Million +0.98%
2021-12-31 $220.57 Million --