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Pono Capital Three (Pono Capital Three) Total Assets : $121.70 Mil (As of Sep. 2023)


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What is Pono Capital Three Total Assets?

Pono Capital Three's Total Assets for the quarter that ended in Sep. 2023 was $121.70 Mil.

During the past 12 months, Pono Capital Three's average Total Assets Growth Rate was 58660.40% per year.

Total Assets is connected with ROA %. Pono Capital Three's annualized ROA % for the quarter that ended in Sep. 2023 was 0.37%. Total Assets is also linked to Revenue through Asset Turnover. Pono Capital Three's Asset Turnover for the quarter that ended in Sep. 2023 was 0.00.

Pono Capital Three Total Assets Historical Data

The historical data trend for Pono Capital Three'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.

Pono Capital Three Total Assets Chart

Pono Capital Three Annual Data
Trend Dec22
Total Assets
0.46

Pono Capital Three Quarterly Data
May22 Sep22 Dec22 Mar23 Jun23 Sep23
Total Assets Get a 7-Day Free Trial 0.41 0.46 119.27 120.42 121.70

Pono Capital Three 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.

Pono Capital Three'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 )
=0.016+0.442
=0.46

Pono Capital Three'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 )
=108.112+13.591
=121.70

* 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.

Pono Capital Three  (NAS:PTHR) Total Assets Explanation

Total Assets is connected with ROA %.

Pono Capital Three'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 )
=0.452/( (120.42+121.702)/ 2 )
=0.452/121.061
=0.37 %

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.

Pono Capital Three'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/( (120.42+121.702)/ 2 )
=0/121.061
=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.

Pono Capital Three Total Assets Related Terms

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Pono Capital Three (Pono Capital Three) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Pono Capital Three Inc (NAS:PTHR) » Definitions » Total Assets
Comparable Companies
NETC PEGR BRKH CLIN IVCA SBXC TRIS XPDB LGST IFIN PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
643 Ilalo Street, Suite 102, Honolulu, HI, USA, 96813
Website
Pono Capital Three Inc is a blank check company.
Executives
Mike K Sayama director 220 SOUTH KING ST., 3RD FLOOR, HONOLULU HI 96813
Dustin M Shindo director HOKU CORPORATION, 1288 ALA MOANA BLVD STE 220, HONOLULU HI 96814
Trisha Nomura director 643 ILALO STREET, HONOLULU HI 96813
Kotaro Chiba director 643 ILALO STREET, HONOLULU HI 96813
Mehana Capital Llc 10 percent owner 4348 WAIALAE AVE., #632, HONOLULU HI 96816
Gary Miyashiro officer: Chief Financial Officer 4348 WAIALAE AVE., #632, HONOLULU HI 96816
Davin Kazama director, officer: Chief Executive Officer 643 ILALO STREET, HONOLULU HI 96816