Acri Capital Acquisition (Acri Capital Acquisition) Total Assets : $37.55 Mil (As of Mar. 2024)

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What is Acri Capital Acquisition Total Assets?

Acri Capital Acquisition's Total Assets for the quarter that ended in Mar. 2024 was $37.55 Mil.

During the past 12 months, Acri Capital Acquisition's average Total Assets Growth Rate was -2.50% per year.

Total Assets is connected with ROA %. Acri Capital Acquisition's annualized ROA % for the quarter that ended in Mar. 2024 was 1.11%. Total Assets is also linked to Revenue through Asset Turnover. Acri Capital Acquisition's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

Acri Capital Acquisition Total Assets Historical Data

The historical data trend for Acri Capital Acquisition'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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Acri Capital Acquisition Total Assets Chart

Acri Capital Acquisition Annual Data

Trend

Dec22

Dec23

Total Assets

89.85

36.73

Acri Capital Acquisition Quarterly Data
	Feb22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial				38.79	39.69	36.05	36.73	37.55

Acri Capital Acquisition 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.

Acri Capital Acquisition's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	31.561	+	5.172
	=	36.73

Acri Capital Acquisition's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	32.095	+	5.459
	=	37.55

Acri Capital Acquisition (NAS:ACAC) Total Assets Explanation

Total Assets is connected with ROA %.

Acri Capital Acquisition's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	0.412	/	( (36.733	+	37.554)	/ 2 )
	=	0.412	/	37.1435
	=	1.11 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) 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.

Acri Capital Acquisition's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	0	/	( (36.733	+	37.554)	/ 2 )
=	0	/	37.1435
=	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.

Acri Capital Acquisition Total Assets Related Terms

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Acri Capital Acquisition (Acri Capital Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Acri Capital Acquisition Corp (NAS:ACAC) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

13284 Pond Springs Rd,, Suite 405, Austin, TX, USA, 78729

Website

Acri Capital Acquisition Corp is a newly organized blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

Executives

Cubist Systematic Strategies, Llc	10 percent owner	72 CUMMINGS POINT ROAD, STAMFORD CT 06902
Cohen Steven A/sac Capital Mgmt Lp	10 percent owner	C/O SAC CAPITAL ADVISORS LLC, 72 CUMMINGS POINT ROAD, STAMFORD CT 06902
Plc Barclays	10 percent owner	1 CHURCHILL PLACE, CANARY WHARF, LONDON X0 E14 5HP
Edmund R Miller	director	2000 S BAYSHORE DR, #40, COCONUT GROVE FL 33133
Joy Yi Hua	director, 10 percent owner, officer: CEO and Chairwoman	6406 WOODBOURNE LN, CROZET VA 22932
Acri Capital Sponsor Llc	10 percent owner	6406 WOODBOURNE LN, CROZET VA 22932
Hardin James Craig Jr.	director	136 GRACKLE LN, PAWLEY ISLANDS SC 29585
Andrew James Pierce	director	2961-A HUNTER MILL RD, #124, OAKTON VA 22124