SMG European Recovery SPAC SE
SMG European Recovery SPAC SE does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, share purchase, reorganization, or other similar business to acquire one operating business in the leisure and lodging sub-sectors of the real estate-related hospitality sector. The company was incorporated in 2021 and is based in Luxembourg, Luxembourg.
SMG European Recovery SPAC SE (RCVR) - Total Assets
Latest total assets as of December 2023: €32.14 Million EUR
Based on the latest financial reports, SMG European Recovery SPAC SE (RCVR) holds total assets worth €32.14 Million EUR as of December 2023.
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.
SMG European Recovery SPAC SE - Total Assets Trend (2021–2023)
This chart illustrates how SMG European Recovery SPAC SE’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
SMG European Recovery SPAC SE - Asset Composition Analysis
Current Asset Composition (December 2023)
SMG European Recovery SPAC SE's total assets of €32.14 Million consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 0.0% |
| 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 SMG European Recovery SPAC SE'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: SMG European Recovery SPAC SE's current assets represent 100.0% of total assets in 2023, an increase from 90.1% in 2021.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2023, down from 23.6% 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.
SMG European Recovery SPAC SE Competitors by Total Assets
Key competitors of SMG European Recovery SPAC SE 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 |
SMG European Recovery SPAC SE - 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 - SMG European Recovery SPAC SE 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 - SMG European Recovery SPAC SE is currently not profitable relative to its asset base.
SMG European Recovery SPAC SE - 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 | 0.69 | - | - |
| Quick Ratio | 0.69 | - | - |
| Cash Ratio | 0.00 | - | - |
| Working Capital | €-14.55 Million | - | - |
SMG European Recovery SPAC SE - Advanced Valuation Insights
This section examines the relationship between SMG European Recovery SPAC SE'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 | 0.93 |
| Asset Growth Rate (YoY) | -73.2% |
| Total Assets | €32.14 Million |
| Market Capitalization | $30.04 Million USD |
Valuation Analysis
Near Book Valuation: The market values SMG European Recovery SPAC SE's assets close to their book value ( 0.93x), suggesting investors view the company's assets at approximately fair value.
Significant Asset Reduction: SMG European Recovery SPAC SE's assets decreased by 73.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for SMG European Recovery SPAC SE (2021–2023)
The table below shows the annual total assets of SMG European Recovery SPAC SE from 2021 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | €32.14 Million | -73.18% |
| 2022-12-31 | €119.84 Million | +50595.72% |
| 2021-12-31 | €236.40K | -- |