Northern Star Investment III (Northern Star Investment III) Total Assets : $42.89 Mil (As of Jun. 2023)

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What is Northern Star Investment III Total Assets?

Northern Star Investment III's Total Assets for the quarter that ended in Jun. 2023 was $42.89 Mil.

During the past 12 months, Northern Star Investment III's average Total Assets Growth Rate was -89.30% per year.

Total Assets is connected with ROA %. Northern Star Investment III's annualized ROA % for the quarter that ended in Jun. 2023 was 2.65%. Total Assets is also linked to Revenue through Asset Turnover. Northern Star Investment III's Asset Turnover for the quarter that ended in Jun. 2023 was 0.00.

Northern Star Investment III Total Assets Historical Data

The historical data trend for Northern Star Investment III'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 III Total Assets Chart

Northern Star Investment III Annual Data

Trend

Sep22

Total Assets

402.50

Northern Star Investment III Quarterly Data
	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Total Assets	Get a 7-Day Free Trial					400.87	402.50	404.81	42.46	42.89

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

Total Assets	=	Total Equity (A: Sep. 2022 )	+	Total Liabilities (A: Sep. 2022 )
	=	387.193	+	15.311
	=	402.50

Northern Star Investment III's Total Assets for the quarter that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2023 )	+	Total Liabilities (Q: Jun. 2023 )
	=	23.502	+	19.392
	=	42.89

Northern Star Investment III (OTCPK:NSTC) Total Assets Explanation

Total Assets is connected with ROA %.

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

ROA %	=	Net Income (Q: Jun. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
	=	1.132	/	( (42.461	+	42.894)	/ 2 )
	=	1.132	/	42.6775
	=	2.65 %

Note: The Net Income data used here is four times the quarterly (Jun. 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 III's Asset Turnover for the quarter that ended in Jun. 2023 is

	Asset Turnover
=	Revenue (Q: Jun. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
=	0	/	( (42.461	+	42.894)	/ 2 )
=	0	/	42.6775
=	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 III Total Assets Related Terms

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Northern Star Investment III (Northern Star Investment III) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

NSTCU:USA

Address

c/o Graubard Miller, 405 Lexington Avenue, The Chrysler Building, 44th Floor, New York, NY, USA, 10174

Website

https://www.northernstaric3.com

Northern Star Investment Corp III is a blank check company.

Executives

Jonathan J Ledecky	director, 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 Iii Sponsor Llc	10 percent owner	C/O GRAUBARD MILLER, 405 LEXINGTON AVENUE, NEW YORK NY 10174
Dasha Smith	director	C/O COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017
Justine Cheng	director	1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
James Hr Brady	officer: Chief Financial Officer	1850 CENTENNIAL PARK DRIVE, SUITE 200, RESTON VA 20191
James Vincent	director	C/O NORTHERN STAR INVESTMENT CORP. III, C/O GRAUBARD MILLER, 405 LEXINGTON AVE, NEW YORK NY 10174

Northern Star Investment III (Northern Star Investment III) Headlines

From GuruFocus

Northern Star Investment Corp. III Announces Closing of Upsized $400,000,000 Initial Public Offering

By Business Wire Business Wire • 03-05-2021

Northern Star Investment Corp. III Receives NYSE Notification of Non-Compliance With Listing Rules

By Business Wire Business Wire • 06-01-2021