GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Mallard Acquisition Corp (NAS:MACUW) » Definitions » Total Assets

Mallard Acquisition (Mallard Acquisition) Total Assets : $111.54 Mil (As of Sep. 2021)


View and export this data going back to 2020. Start your Free Trial

What is Mallard Acquisition Total Assets?

Mallard Acquisition's Total Assets for the quarter that ended in Sep. 2021 was $111.54 Mil.

During the past 12 months, Mallard Acquisition's average Total Assets Growth Rate was 62423.60% per year.

Total Assets is connected with ROA %. Mallard Acquisition's annualized ROA % for the quarter that ended in Sep. 2021 was 14.54%. Total Assets is also linked to Revenue through Asset Turnover. Mallard Acquisition's Asset Turnover for the quarter that ended in Sep. 2021 was 0.00.


Mallard Acquisition Total Assets Historical Data

The historical data trend for Mallard 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.

* Premium members only.

Mallard Acquisition Total Assets Chart

Mallard Acquisition Annual Data
Trend Dec20
Total Assets
112.18

Mallard Acquisition Quarterly Data
Feb20 Jun20 Sep20 Mar21 Jun21 Sep21
Total Assets Get a 7-Day Free Trial 0.20 0.27 111.87 111.64 111.54

Mallard 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.

Mallard Acquisition's Total Assets for the fiscal year that ended in Dec. 2020 is calculated as

Total Assets=Total Equity (A: Dec. 2020 )+Total Liabilities (A: Dec. 2020 )
=92.471+19.706
=112.18

Mallard Acquisition's Total Assets for the quarter that ended in Sep. 2021 is calculated as

Total Assets=Total Equity (Q: Sep. 2021 )+Total Liabilities (Q: Sep. 2021 )
=100.534+11.002
=111.54

* 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.


Mallard Acquisition  (NAS:MACUW) Total Assets Explanation

Total Assets is connected with ROA %.

Mallard Acquisition's annualized ROA % for the quarter that ended in Sep. 2021 is

ROA %=Net Income (Q: Sep. 2021 )/( (Total Assets (Q: Jun. 2021 )+Total Assets (Q: Sep. 2021 ))/ count )
=16.228/( (111.643+111.535)/ 2 )
=16.228/111.589
=14.54 %

Note: The Net Income data used here is four times the quarterly (Sep. 2021) 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.

Mallard Acquisition's Asset Turnover for the quarter that ended in Sep. 2021 is

Asset Turnover
=Revenue (Q: Sep. 2021 )/( (Total Assets (Q: Jun. 2021 )+Total Assets (Q: Sep. 2021 ))/ count )
=0/( (111.643+111.535)/ 2 )
=0/111.589
=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.

Mallard Acquisition Total Assets Related Terms

Thank you for viewing the detailed overview of Mallard Acquisition's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Mallard Acquisition (Mallard Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
19701 Bethel Church Road, Suite 302, Cornelius, NC, USA, 28031
Mallard Acquisition Corp is a blank check company.