Northern Star Investment II (Northern Star Investment II) Total Assets : $16.85 Mil (As of Sep. 2023)

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What is Northern Star Investment II Total Assets?

Northern Star Investment II's Total Assets for the quarter that ended in Sep. 2023 was $16.85 Mil.

During the past 12 months, Northern Star Investment II's average Total Assets Growth Rate was -95.80% per year.

Total Assets is connected with ROA %. Northern Star Investment II's annualized ROA % for the quarter that ended in Sep. 2023 was -2.79%. Total Assets is also linked to Revenue through Asset Turnover. Northern Star Investment II's Asset Turnover for the quarter that ended in Sep. 2023 was 0.00.

Northern Star Investment II Total Assets Historical Data

The historical data trend for Northern Star Investment 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.

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Northern Star Investment II Total Assets Chart

Northern Star Investment II Annual Data

Trend

Dec20

Dec21

Dec22

Total Assets

0.18

400.48

404.30

Northern Star Investment II Quarterly Data
	Nov20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Total Assets	Get a 7-Day Free Trial							402.25	404.30	21.25	21.52	16.85

Northern Star Investment II 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.

Northern Star Investment II's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (A: Dec. 2022 )	+	Total Liabilities (A: Dec. 2022 )
	=	3.614	+	400.689
	=	404.30

Northern Star Investment II'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 )
	=	-0.407	+	17.261
	=	16.85

Northern Star Investment II (OTCPK:NSTB) Total Assets Explanation

Total Assets is connected with ROA %.

Northern Star Investment II's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	-0.536	/	( (21.518	+	16.854)	/ 2 )
	=	-0.536	/	19.186
	=	-2.79 %

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.

Northern Star Investment II's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	0	/	( (21.518	+	16.854)	/ 2 )
=	0	/	19.186
=	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.

Northern Star Investment II Total Assets Related Terms

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Northern Star Investment II (Northern Star Investment II) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Northern Star Investment Corp II (OTCPK:NSTB) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

NSTB.U:USA

Address

c/o Graubard Miller, The Chrysler Building, 405 Lexington Avenue, 11th Floor, New York, NY, USA, 10174

Website

https://www.northernstaric2.com

Northern Star Investment Corp II is a blank check company established the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities.

Executives

Jonathan J Ledecky	10 percent owner, officer: President, COO	C/O THE LEDECKY FOUNDATION, 901 - 15TH STREET, NW, SUITE 950, WASHINGTON DC 20005
Joanna Coles	director, 10 percent owner, officer: Chief Executive Officer	C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405
Northern Star Ii Sponsor Llc	10 percent owner	C/O GRAUBARD MILLER, 405 LEXINGTON AVENUE, NEW YORK NY 10174
Arena Short Duration High Yield Fund, Lp - Series A	10 percent owner	12121 WILSHIRE BLVD., SUITE 1010, LOS ANGELES CA 90025
Arena Capital Fund, L.p.- Series 3	10 percent owner	12121 WILSHIRE BLVD STE 1010, LOS ANGELES CA 90025
Arena Capital Advisors, Llc- Ca	10 percent owner	12121 WILSHIRE BLVD STE 1010, LOS ANGELES CA 90025
Kristen Green	director	1617 SIXTH AVE, SEATTLE WA 98101
James Hr Brady	officer: Chief Financial Officer	1850 CENTENNIAL PARK DRIVE, SUITE 200, RESTON VA 20191
Maryann Turcke	director	C/O NORTHERN STAR INVESTMENT CORP. II, 405 LEXINGTON AVENUE, NEW YORK NY 10174
David Shapiro	director	5680 A WEST CYPRESS STREET, TAMPA FL 33607