Black Spade Acquisition III Co (BIII) - Total Assets
Based on the latest financial reports, Black Spade Acquisition III Co (BIII) holds total assets worth $174.82 Million USD as of March 2026. 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. Explore Black Spade Acquisition III Co cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Black Spade Acquisition III Co - Total Assets Trend (2025–2025)
This chart illustrates how Black Spade Acquisition III Co's total assets have evolved over time, based on quarterly financial data. See BIII net asset value for net asset value and shareholders' equity analysis.
Black Spade Acquisition III Co - Asset Composition Analysis
Current Asset Composition (December 2025)
Black Spade Acquisition III Co's total assets of $174.82 Million consist of 89.5% current assets and 10.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 89.5% |
| 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 (2025–2025)
This chart illustrates how Black Spade Acquisition III Co'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. For live market cap, price, and company overview, see Black Spade Acquisition III Co stock valuation.
Key Asset Composition Facts
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Black Spade Acquisition III Co Competitors by Total Assets
Key competitors of Black Spade Acquisition III Co based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Churchill Capital Corp X Class A Ordinary Shares
NASDAQ:CCCX
|
USA | $421.27 Million |
|
EQV Ventures Acquisition Corp. II
NYSE:EVAC
|
USA | $470.27 Million |
|
Berto Acquisition Corp. Ordinary Shares
NASDAQ:TACO
|
USA | $306.03 Million |
|
Plum Acquisition Corp. IV Unit
NASDAQ:PLMKU
|
USA | $180.11 Million |
|
Cartesian Growth Corporation III Class A Ordinary Shares
NASDAQ:CGCT
|
USA | $281.56 Million |
|
Iris Acquisition Corp II
NYSE:IRAB
|
USA | $170.41 Million |
|
Centurion Acquisition Corp.
NASDAQ:ALF
|
USA | $310.95 Million |
|
Harvard Ave Acquisition Corporation Class A Ordinary Share
NASDAQ:HAVA
|
USA | $96.82K |
Black Spade Acquisition III Co - 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 | 3.57 | 0.37 | - |
| Quick Ratio | 3.57 | 0.37 | - |
| Cash Ratio | 0.00 | 0.00 | - |
| Working Capital | $647.07K | $-42.95K | - |
Black Spade Acquisition III Co - Advanced Valuation Insights
This section examines the relationship between Black Spade Acquisition III Co'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 | 46.90 |
| Asset Growth Rate (YoY) | 0.0% |
| Total Assets | $3.66 Million |
| Market Capitalization | $171.81 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Black Spade Acquisition III Co's assets at a significant premium (46.90x), suggesting investors see substantial growth potential or unique competitive advantages.
Slight Asset Contraction: Black Spade Acquisition III Co's assets decreased by 0.0% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Black Spade Acquisition III Co (2025–2025)
The table below shows the annual total assets of Black Spade Acquisition III Co from 2025 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $3.66 Million | -- |
About Black Spade Acquisition III Co
Black Spade Acquisition III Co focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or assets. The company was incorporated in 2025 and is based in Central, Hong Kong.