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flyExclusive (flyExclusive) Total Assets : $529.35 Mil (As of Sep. 2023)


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What is flyExclusive Total Assets?

flyExclusive's Total Assets for the quarter that ended in Sep. 2023 was $529.35 Mil.

During the past 12 months, flyExclusive's average Total Assets Growth Rate was 9.10% per year.

Total Assets is connected with ROA %. flyExclusive's annualized ROA % for the quarter that ended in Sep. 2023 was 0.00%. Total Assets is also linked to Revenue through Asset Turnover. flyExclusive's Asset Turnover for the quarter that ended in Sep. 2023 was 0.00.

flyExclusive Total Assets Historical Data

The historical data trend for flyExclusive'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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flyExclusive Total Assets Chart

flyExclusive Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Assets
- 306.66 494.22 521.03

flyExclusive Quarterly Data
Dec20 Dec21 Mar22 Dec22 Mar23 Sep23 Dec23
Total Assets Get a 7-Day Free Trial - 494.22 504.85 529.35 521.03

flyExclusive 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.

flyExclusive'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 )
=35.33+485.7
=521.03

flyExclusive's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets=Total Equity (Q: Sep. 2023 )+Total Liabilities (Q: Sep. 2023 )
=-19.586+548.937
=529.35

* 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.

flyExclusive  (AMEX:FLYX) Total Assets Explanation

Total Assets is connected with ROA %.

flyExclusive's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %=Net Income (Q: Sep. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=0/( (504.85+529.351)/ 2 )
=0/517.1005
=0.00 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) 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.

flyExclusive's Asset Turnover for the quarter that ended in Sep. 2023 is

Asset Turnover
=Revenue (Q: Sep. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=0/( (504.85+529.351)/ 2 )
=0/517.1005
=0.00

* 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.

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.

flyExclusive Total Assets Related Terms

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flyExclusive (flyExclusive) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » flyExclusive Inc (AMEX:FLYX) » Definitions » Total Assets
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Traded in Other Exchanges
N/A
Address
2860 Jetport Road, Kinston, NC, USA, 28504
Website
https://www.flyexclusive.com
flyExclusive Inc is a premier owner and operator of curated private aviation experiences dedicated to surpassing passenger expectations for quality, convenience, and safety. its mission is to be the world's most vertically integrated private aviation company through capital-efficient program growth, an industry-leading pricing model, optimal dispatch availability, in-house training, and a controlled premium customer experience on modernized aircraft. The company had over 90 aircraft in its owned and leased fleet which includes light, midsize, super-midsize, and large jets. As one of the nation's largest Citation operators, it has curated a versatile fleet of Citation CJ3/CJ3 plus, Citation Excel/XLS/XLS plus, Citation Encore/Encore plus, Citation Sovereign, and Citation X aircraft.

flyExclusive (flyExclusive) Headlines

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