Farstarcap Investment Corp
As of September 25, 2025, Farstarcap Investment Corp. was acquired by BP Exploration Corp, in a reverse merger transaction. Farstarcap Investment Corp. does not have significant operations. It intends to identify, evaluate, and acquire assets, properties, or businesses, which would constitute a qualifying transaction. The company was formerly known as Mobile Mining Technologies Inc. and changed i… Read more
Farstarcap Investment Corp (FRS-P) - Total Assets
Latest total assets as of June 2025: CA$13.90K CAD
Based on the latest financial reports, Farstarcap Investment Corp (FRS-P) holds total assets worth CA$13.90K CAD as of June 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.
Farstarcap Investment Corp - Total Assets Trend (2017–2024)
This chart illustrates how Farstarcap Investment Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Farstarcap Investment Corp - Asset Composition Analysis
Current Asset Composition (September 2024)
Farstarcap Investment Corp's total assets of CA$13.90K consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 96.1% |
| 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 (2017–2024)
This chart illustrates how Farstarcap Investment 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: Farstarcap Investment Corp's current assets represent 100.0% of total assets in 2024, unchanged from 100.0% in 2017.
- Cash Position: Cash and equivalents constituted 96.1% of total assets in 2024, down from 100.0% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Farstarcap Investment Corp Competitors by Total Assets
Key competitors of Farstarcap Investment 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$1.51 Million |
Farstarcap Investment Corp - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Farstarcap Investment Corp generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Farstarcap Investment Corp is currently not profitable relative to its asset base.
Farstarcap Investment Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.13 | 0.62 | 4.11 |
| Quick Ratio | 0.13 | 0.62 | 4.11 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-95.18K | CA$ -18.57K | CA$ 93.35K |
Farstarcap Investment Corp - Advanced Valuation Insights
This section examines the relationship between Farstarcap Investment 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 | 221.46 |
| Latest Market Cap to Assets Ratio | 0.26 |
| Asset Growth Rate (YoY) | 98.6% |
| Total Assets | CA$62.30K |
| Market Capitalization | $16.21K USD |
Valuation Analysis
Below Book Valuation: The market values Farstarcap Investment Corp's assets below their book value (0.26 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Farstarcap Investment Corp's assets grew by 98.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Farstarcap Investment Corp (2017–2024)
The table below shows the annual total assets of Farstarcap Investment Corp from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-09-30 | CA$62.30K | +98.65% |
| 2023-09-30 | CA$31.36K | -57.93% |
| 2022-09-30 | CA$74.54K | -34.41% |
| 2021-09-30 | CA$113.64K | -38.27% |
| 2020-09-30 | CA$184.09K | -24.05% |
| 2019-09-30 | CA$242.39K | +53.48% |
| 2018-09-30 | CA$157.93K | +57.92% |
| 2017-09-30 | CA$100.01K | -- |