Social Leverage Acquisition I (Social Leverage Acquisition I) Total Assets : $16.46 Mil (As of Sep. 2023)

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What is Social Leverage Acquisition I Total Assets?

Social Leverage Acquisition I's Total Assets for the quarter that ended in Sep. 2023 was $16.46 Mil.

During the past 12 months, Social Leverage Acquisition I's average Total Assets Growth Rate was -95.30% per year.

Total Assets is connected with ROA %. Social Leverage Acquisition I's annualized ROA % for the quarter that ended in Sep. 2023 was 42.80%. Total Assets is also linked to Revenue through Asset Turnover. Social Leverage Acquisition I's Asset Turnover for the quarter that ended in Sep. 2023 was 0.00.

Social Leverage Acquisition I Total Assets Historical Data

The historical data trend for Social Leverage Acquisition I'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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Social Leverage Acquisition I Total Assets Chart

Social Leverage Acquisition I Annual Data

Trend

Dec20

Dec21

Dec22

Total Assets

0.23

345.81

18.52

Social Leverage Acquisition I Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Total Assets	Get a 7-Day Free Trial						347.47	18.52	17.44	16.44	16.46

Social Leverage Acquisition I 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.

Social Leverage Acquisition I'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 )
	=	-0.734	+	19.254
	=	18.52

Social Leverage Acquisition I'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 )
	=	8.287	+	8.174
	=	16.46

Social Leverage Acquisition I (NAS:SLAC) Total Assets Explanation

Total Assets is connected with ROA %.

Social Leverage Acquisition I'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 )
	=	7.04	/	( (16.437	+	16.461)	/ 2 )
	=	7.04	/	16.449
	=	42.80 %

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.

Social Leverage Acquisition I'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	/	( (16.437	+	16.461)	/ 2 )
=	0	/	16.449
=	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.

Social Leverage Acquisition I Total Assets Related Terms

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Social Leverage Acquisition I (Social Leverage Acquisition I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Social Leverage Acquisition Corp I (NAS:SLAC) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

SLACU:USA

Address

8390 E. Via de Ventura, Suite F110-207, Scottsdale, AZ, USA, 85258

Website

https://www.socialleverageholdings.com

Social Leverage Acquisition Corp I is a blank check company.

Executives

Paul Grinberg	director, officer: COB of Directors	C/O ENCORE CAPITAL GROUP INC, 8875 AERO DRIVE, SUITE 200, SAN DIEGO CA 92123
Ross Mason	director	77 GEARY STREET, SUITE 400, SAN FRANCISCO CA 94108
Social Leverage Acquisition Sponsor I Llc	10 percent owner	8390 E. VIA DE VENTURA SUITE F110-207, SCOTTSDALE AZ 85258
Michael J. Marquez	director	8390 E. VIA DE VENTURA, SUITE F110-207, SCOTTSDALE AZ 85258
Katherine Rosa	director	8390 E. VIA DE VENTURA, SUITE F110-207, SCOTTSDALE AZ 85258
Douglas Horlick	officer: President and COO	8390 E. VIA DE VENTURA, SUITE F110-207, SCOTTSDALE AZ 85258
Michael Lazerow	director	8390 E. VIA DE VENTURA, SUITE F110-207, SCOTTSDALE AZ 85258
Howard Lindzon	director, officer: Chief Executive Officer	8390 E. VIA DE VENTURA, SUITE F110-207, SCOTTSDALE AZ 85258
Brian Norgard	director	8390 E. VIA DE VENTURA, SUITE F110-207, SCOTTSDALE AZ 85258

Social Leverage Acquisition I (Social Leverage Acquisition I) Headlines

From GuruFocus

W3BCLOUD to Go Public via Business Combination With Social Leverage Acquisition Corp I

By Business Wire Business Wire • 08-01-2022

Social Leverage Acquisition Corp I Receives Expected Notice from the NYSE Regarding Delayed Filing of Quarterly Report

By Business Wire Business Wire • 05-28-2021

Social Leverage Acquisition Corp I Transfers Listing to the Nasdaq Stock Market LLC

By Business Wire Business Wire • 12-13-2022

Social Leverage Acquisition Corp I and W3BCLOUD Announce Revised Business Combination Transaction Terms

By Business Wire Business Wire • 04-21-2023