Global Blockchain Acquisition (Global Blockchain Acquisition) Total Assets : $26.77 Mil (As of Dec. 2023)

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What is Global Blockchain Acquisition Total Assets?

Global Blockchain Acquisition's Total Assets for the quarter that ended in Dec. 2023 was $26.77 Mil.

During the past 12 months, Global Blockchain Acquisition's average Total Assets Growth Rate was -85.10% per year.

Total Assets is connected with ROA %. Global Blockchain Acquisition's annualized ROA % for the quarter that ended in Dec. 2023 was 0.61%. Total Assets is also linked to Revenue through Asset Turnover. Global Blockchain Acquisition's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Global Blockchain Acquisition Total Assets Historical Data

The historical data trend for Global Blockchain 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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Global Blockchain Acquisition Total Assets Chart

Global Blockchain Acquisition Annual Data

Trend

Dec21

Dec22

Dec23

Total Assets

0.57

178.88

26.77

Global Blockchain Acquisition Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial					178.88	180.43	181.69	26.61	26.77

Global Blockchain 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.

Global Blockchain 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 )
	=	24.572	+	2.199
	=	26.77

Global Blockchain Acquisition's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	24.572	+	2.199
	=	26.77

Global Blockchain Acquisition (NAS:GBBK) Total Assets Explanation

Total Assets is connected with ROA %.

Global Blockchain Acquisition's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	0.164	/	( (26.614	+	26.772)	/ 2 )
	=	0.164	/	26.693
	=	0.61 %

Note: The Net Income data used here is four times the quarterly (Dec. 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.

Global Blockchain Acquisition's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	0	/	( (26.614	+	26.772)	/ 2 )
=	0	/	26.693
=	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.

Global Blockchain Acquisition Total Assets Related Terms

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Global Blockchain Acquisition (Global Blockchain Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Global Blockchain Acquisition Corp (NAS:GBBK) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

6555 Sanger Road, Suite 200, Orlando, FL, USA, 32827

Website

Global Blockchain Acquisition Corp is a blank check company.

Executives

Christopher Ensey	director	2307 NE 12TH ST., FT. LAUDERDALE FL 33304
Jonathan D Morris	officer: Chief Financial Officer	C/O IMAGEWARE SYSTEMS, INC., 13500 EVENING CREEK DRIVE N SUITE 550, SAN DIEGO CA 92128
Max Wayne Hooper	director, officer: Chief Executive Officer	1345 AVE OF THE AMERICAS 2ND FL, NEW YORK NY 10105
Allen R Weiss	director	C/O DICK'S SPORTING GOODS, INC., 345 COURT STREET, CORAOPOLIS PA 15108
Katya Rayevsky Fisher	director	1010 BRICKELL AVE, 4705, MIAMI FL 33130
Global Blockchain Sponsor, Llc	10 percent owner	C/O GLOBAL BLOCKCHAIN ACQUISITION CORP., 6555 SANGER ROAD, SUITE 200, ORLANDO FL 32827
David L. Ruttenberg	director	C/O GLOBAL BLOCKCHAIN ACQUISITION CORP., 6555 SANGER ROAD, SUITE 200, ORLANDO FL 32827
David S. Metcalf	director	C/O GLOBAL BLOCKCHAIN ACQUISITION CORP., 6555 SANGER ROAD, SUITE 200, ORLANDO FL 32827
Paul C. Jeffries	director	C/O GLOBAL BLOCKCHAIN ACQUISITION CORP., 6555 SANGER ROAD, SUITE 200, ORLANDO FL 32827