Clover Leaf Capital Corp
Clover Leaf Capital Corp. does not have significant operations. The company focuses on effecting a merger, stock exchange, asset acquisition, stock purchase, reorganization, and other business combination with one or more businesses. It intends to acquire companies operating in the cannabis industry. The company was incorporated in 2021 and is based in Miami, Florida. Clover Leaf Capital Corp. op… Read more
Clover Leaf Capital Corp (CLOE) - Total Assets
Latest total assets as of June 2024: $13.02 Million USD
Based on the latest financial reports, Clover Leaf Capital Corp (CLOE) holds total assets worth $13.02 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.
Clover Leaf Capital Corp - Total Assets Trend (2021–2023)
This chart illustrates how Clover Leaf Capital Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Clover Leaf Capital Corp - Asset Composition Analysis
Current Asset Composition (December 2023)
Clover Leaf Capital Corp's total assets of $13.02 Million consist of 1.9% current assets and 98.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.1% |
| 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 (2021–2023)
This chart illustrates how Clover Leaf Capital 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: Clover Leaf Capital Corp's current assets represent 1.9% of total assets in 2023, an increase from 0.6% in 2021.
- Cash Position: Cash and equivalents constituted 1.1% of total assets in 2023, up 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.
Clover Leaf Capital Corp Competitors by Total Assets
Key competitors of Clover Leaf Capital 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 |
Clover Leaf Capital 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 - Clover Leaf Capital 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
Negative ROA - Clover Leaf Capital Corp is currently not profitable relative to its asset base.
Clover Leaf Capital 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 | 0.02 | 0.03 | 0.36 |
| Quick Ratio | 0.02 | 0.03 | 0.36 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-5.90 Million | $ -3.87 Million | $ -44.14K |
Clover Leaf Capital Corp - Advanced Valuation Insights
This section examines the relationship between Clover Leaf Capital 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 | 28.61 |
| Latest Market Cap to Assets Ratio | 4.15 |
| Asset Growth Rate (YoY) | -20.1% |
| Total Assets | $14.93 Million |
| Market Capitalization | $61.91 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Clover Leaf Capital Corp's assets at a significant premium ( 4.15x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Clover Leaf Capital Corp's assets decreased by 20.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Clover Leaf Capital Corp (2021–2023)
The table below shows the annual total assets of Clover Leaf Capital Corp from 2021 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $14.93 Million | -20.07% |
| 2022-12-31 | $18.68 Million | -86.78% |
| 2021-12-31 | $141.37 Million | -- |