ShoulderUP Technology Acquisition Corp
ShoulderUp Technology Acquisition Corp. does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was incorporated in 2021 and is based in Kennesaw, Georgia. ShoulderUp Technology Acquisition Corp. is a subsidiary of ShoulderUp Technolog… Read more
ShoulderUP Technology Acquisition Corp (SUAC) - Total Assets
Latest total assets as of March 2025: $6.05 Million USD
Based on the latest financial reports, ShoulderUP Technology Acquisition Corp (SUAC) holds total assets worth $6.05 Million USD as of March 2025.
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.
ShoulderUP Technology Acquisition Corp - Total Assets Trend (2021–2024)
This chart illustrates how ShoulderUP Technology Acquisition Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
ShoulderUP Technology Acquisition Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
ShoulderUP Technology Acquisition Corp's total assets of $6.05 Million consist of 7.2% current assets and 92.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 7.2% |
| 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 ShoulderUP Technology Acquisition 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: ShoulderUP Technology Acquisition Corp's current assets represent 7.2% of total assets in 2024, an increase from 0.4% in 2021.
- Cash Position: Cash and equivalents constituted 7.2% of total assets in 2024, up from 0.3% 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.
ShoulderUP Technology Acquisition Corp Competitors by Total Assets
Key competitors of ShoulderUP Technology Acquisition 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 |
ShoulderUP Technology Acquisition 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 - ShoulderUP Technology Acquisition 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 - ShoulderUP Technology Acquisition Corp is currently not profitable relative to its asset base.
ShoulderUP Technology Acquisition 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 | 0.07 | 0.07 | 0.74 |
| Quick Ratio | 0.07 | 0.07 | 0.74 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-6.31 Million | $ -4.23 Million | $ -8.60K |
ShoulderUP Technology Acquisition Corp - Advanced Valuation Insights
This section examines the relationship between ShoulderUP Technology Acquisition 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 | 4.91 |
| Latest Market Cap to Assets Ratio | 3.55 |
| Asset Growth Rate (YoY) | -72.0% |
| Total Assets | $6.02 Million |
| Market Capitalization | $21.35 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values ShoulderUP Technology Acquisition Corp's assets at a significant premium ( 3.55x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: ShoulderUP Technology Acquisition Corp's assets decreased by 72.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for ShoulderUP Technology Acquisition Corp (2021–2024)
The table below shows the annual total assets of ShoulderUP Technology Acquisition Corp from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $6.02 Million | -72.01% |
| 2023-12-31 | $21.50 Million | -93.07% |
| 2022-12-31 | $310.40 Million | +1.00% |
| 2021-12-31 | $307.33 Million | -- |