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Inflection Point Acquisition II's Total Assets for the quarter that ended in Mar. 2024 was $262.59 Mil.
During the past 12 months, Inflection Point Acquisition II's average Total Assets Growth Rate was 102427.30% per year.
Total Assets is connected with ROA %. Inflection Point Acquisition II's annualized ROA % for the quarter that ended in Mar. 2024 was 4.47%. Total Assets is also linked to Revenue through Asset Turnover. Inflection Point Acquisition II's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.
The historical data trend for Inflection Point Acquisition II'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.
Inflection Point Acquisition II Annual Data | |||
Trend | Dec23 | ||
Total Assets | 259.47 |
Inflection Point Acquisition II Quarterly Data | |||||
Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Total Assets | 0.26 | 253.39 | 256.29 | 259.47 | 262.59 |
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.
Inflection Point Acquisition II'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 ) |
= | 246.061 | + | 13.41 | |
= | 259.47 |
Inflection Point Acquisition II'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 ) |
= | 248.98 | + | 13.609 | |
= | 262.59 |
* 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.
Inflection Point Acquisition II (NAS:IPXX) Total Assets Explanation
Total Assets is connected with ROA %.
Inflection Point Acquisition II'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 ) |
= | 11.676 | / | ( (259.471 | + | 262.589) | / 2 ) | |
= | 11.676 | / | 261.03 | ||||
= | 4.47 % |
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.
Inflection Point Acquisition II'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 | / | ( (259.471 | + | 262.589) | / 2 ) |
= | 0 | / | 261.03 | |||
= | 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.
Thank you for viewing the detailed overview of Inflection Point Acquisition II's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Michael Blitzer | director, 10 percent owner, officer: Chief Executive Officer | 1270 BROADWAY, SUITE 1009, NEW YORK NY 10001 |
Paula Sutter | director | 969 BROADWAY, SUITE 200, OAKLAND CA 94607 |
Nicholas Shekerdemian | director | 201 EAST 21ST STREET, NEW YORK NY 10010 |
Elliot Richmond | director | GROVE LODGE, LONG GROVE, SEER GREEN X0 HP9 2QH |
Inflection Point Holdings Ii Llc | director, 10 percent owner, officer: See Remarks, other: See Remarks | 167 MADISON AVENUE, SUITE 205 #1017, NEW YORK NY 10016 |
Erica Dorfman | director | 167 MADISON AVENUE, SUITE 205 #1017, NEW YORK NY 10016 |
Samuel Sayegh | director | 167 MADISON AVENUE, SUITE 205 #1017, NEW YORK NY 10016 |
Peter Ondishin | officer: Chief Financial Officer | 167 MADISON AVENUE, SUITE 205 #1017, NEW YORK NY 10016 |
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