Tottenham Acquisition I (Tottenham Acquisition I) Total Assets : $26.12 Mil (As of Sep. 2020)

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What is Tottenham Acquisition I Total Assets?

Tottenham Acquisition I's Total Assets for the quarter that ended in Sep. 2020 was $26.12 Mil.

During the past 12 months, Tottenham Acquisition I's average Total Assets Growth Rate was -49.70% per year.

Total Assets is connected with ROA %. Tottenham Acquisition I's annualized ROA % for the quarter that ended in Sep. 2020 was -7.49%. Total Assets is also linked to Revenue through Asset Turnover. Tottenham Acquisition I's Asset Turnover for the quarter that ended in Sep. 2020 was 0.00.

Tottenham Acquisition I Total Assets Historical Data

The historical data trend for Tottenham Acquisition I's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Tottenham Acquisition I Total Assets Chart

Tottenham Acquisition I Annual Data

Trend

Dec17

Dec18

Dec19

Total Assets

0.10

47.16

48.78

Tottenham Acquisition I Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Total Assets	Get a 7-Day Free Trial						48.15	48.78	49.29	25.55	26.12

Tottenham Acquisition I Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Tottenham Acquisition I's Total Assets for the fiscal year that ended in Dec. 2019 is calculated as

Total Assets	=	Total Equity (A: Dec. 2019 )	+	Total Liabilities (A: Dec. 2019 )
	=	45.52	+	3.257
	=	48.78

Tottenham Acquisition I's Total Assets for the quarter that ended in Sep. 2020 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2020 )	+	Total Liabilities (Q: Sep. 2020 )
	=	21.334	+	4.786
	=	26.12

Tottenham Acquisition I (NAS:CLNN) Total Assets Explanation

Total Assets is connected with ROA %.

Tottenham Acquisition I's annualized ROA % for the quarter that ended in Sep. 2020 is

ROA %	=	Net Income (Q: Sep. 2020 )	/	( (Total Assets (Q: Jun. 2020 )	+	Total Assets (Q: Sep. 2020 ))	/ count )
	=	-1.936	/	( (25.553	+	26.119)	/ 2 )
	=	-1.936	/	25.836
	=	-7.49 %

Note: The Net Income data used here is four times the quarterly (Sep. 2020) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Tottenham Acquisition I's Asset Turnover for the quarter that ended in Sep. 2020 is

	Asset Turnover
=	Revenue (Q: Sep. 2020 )	/	( (Total Assets (Q: Jun. 2020 )	+	Total Assets (Q: Sep. 2020 ))	/ count )
=	0	/	( (25.553	+	26.119)	/ 2 )
=	0	/	25.836
=	0.00

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Tottenham Acquisition I Total Assets Related Terms

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Tottenham Acquisition I (Tottenham Acquisition I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Tottenham Acquisition I Ltd (NAS:CLNN) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

39-41 Wellington Street, Unit 902, Lucky Building, Central, Hong Kong, HKG

Website

Tottenham Acquisition I Ltd is a blank check company formed for the purpose of entering a merger, share exchange, asset acquisition, share purchase, recapitalization or similar business with one or more businesses or entities.