Axe2 Acquisitions Inc.
Axe2 Acquisitions Inc. does not have significant operations. It focuses on identifying and evaluating assets or businesses with a view to complete a qualifying transaction. The company was incorporated in 2020 and is headquartered in Toronto, Canada.
Axe2 Acquisitions Inc. (AXET-P) - Total Assets
Latest total assets as of September 2025: CA$62.10K CAD
Based on the latest financial reports, Axe2 Acquisitions Inc. (AXET-P) holds total assets worth CA$62.10K CAD as of September 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.
Axe2 Acquisitions Inc. - Total Assets Trend (2021–2024)
This chart illustrates how Axe2 Acquisitions Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Axe2 Acquisitions Inc. - Asset Composition Analysis
Current Asset Composition (December 2024)
Axe2 Acquisitions Inc.'s total assets of CA$62.10K consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 100.0% |
| Accounts Receivable | CA$0.00 | 0.0% |
| Inventory | CA$0.00 | 0.0% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$0.00 | 0.0% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2021–2024)
This chart illustrates how Axe2 Acquisitions Inc.'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: Axe2 Acquisitions Inc.'s current assets represent 100.0% of total assets in 2024, unchanged from 100.0% in 2021.
- Cash Position: Cash and equivalents constituted 100.0% of total assets in 2024, up from 62.1% 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.
Axe2 Acquisitions Inc. Competitors by Total Assets
Key competitors of Axe2 Acquisitions Inc. 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 |
Axe2 Acquisitions Inc. - 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 - Axe2 Acquisitions Inc. 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 - Axe2 Acquisitions Inc. is currently not profitable relative to its asset base.
Axe2 Acquisitions Inc. - 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 | 1.93 | 7.23 | 9.07 |
| Quick Ratio | 1.93 | 7.23 | 9.07 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$29.96K | CA$ 142.56K | CA$ 254.77K |
Axe2 Acquisitions Inc. - Advanced Valuation Insights
This section examines the relationship between Axe2 Acquisitions Inc.'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 | 7.90 |
| Latest Market Cap to Assets Ratio | 0.16 |
| Asset Growth Rate (YoY) | -46.2% |
| Total Assets | CA$128.36K |
| Market Capitalization | $20.74K USD |
Valuation Analysis
Below Book Valuation: The market values Axe2 Acquisitions Inc.'s assets below their book value (0.16 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Axe2 Acquisitions Inc.'s assets decreased by 46.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Axe2 Acquisitions Inc. (2021–2024)
The table below shows the annual total assets of Axe2 Acquisitions Inc. from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$128.36K | -46.21% |
| 2023-12-31 | CA$238.63K | -46.88% |
| 2022-12-31 | CA$449.20K | +415.90% |
| 2021-12-31 | CA$87.07K | -- |