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Spectaire Holdings (Spectaire Holdings) Total Assets : $0.92 Mil (As of Mar. 2024)


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What is Spectaire Holdings Total Assets?

Spectaire Holdings's Total Assets for the quarter that ended in Mar. 2024 was $0.92 Mil.

During the past 12 months, Spectaire Holdings's average Total Assets Growth Rate was 2955.60% per year.

Total Assets is connected with ROA %. Spectaire Holdings's annualized ROA % for the quarter that ended in Mar. 2024 was -846.66%. Total Assets is also linked to Revenue through Asset Turnover. Spectaire Holdings's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.


Spectaire Holdings Total Assets Historical Data

The historical data trend for Spectaire Holdings'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.

Spectaire Holdings Total Assets Chart

Spectaire Holdings Annual Data
Trend Dec21 Dec22 Dec23
Total Assets
0.32 0.06 1.44

Spectaire Holdings Quarterly Data
Dec21 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial 0.06 - 23.17 1.44 0.92

Spectaire Holdings 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.

Spectaire Holdings's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=-27.192+28.635
=1.44

Spectaire Holdings's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=-28.334+29.257
=0.92

* 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.


Spectaire Holdings  (NAS:SPEC) Total Assets Explanation

Total Assets is connected with ROA %.

Spectaire Holdings's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=-10.016/( (1.443+0.923)/ 2 )
=-10.016/1.183
=-846.66 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) 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.

Spectaire Holdings's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=0/( (1.443+0.923)/ 2 )
=0/1.183
=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.

Spectaire Holdings Total Assets Related Terms

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Spectaire Holdings (Spectaire Holdings) Business Description

Traded in Other Exchanges
N/A
Address
155 Arlington Street, Watertown, MA, USA, 02472
Spectaire Holdings Inc is an industrial technology company that allows its customers to measure, manage, and reduce carbon dioxide equivalent and other greenhouse gas emissions. Spectaire's core product offering, AireCore is a fully integrated hardware, software, and data platform.
Executives
Brian Semkiw director, officer: Chairman & CEO C/O SPECTAIRE INC., 155 ARLINGTON STREET, WATERTOWN MA 02472
Joerg Mosolf director C/O SPECTAIRE INC., 155 ARLINGTON STREET, WATERTOWN MA 02472
Perception Capital Partners Llc 10 percent owner 251 LITTLE FALLS DRIVE, WILMINGTON DE 19808
Rui Mendes officer: Chief Information Officer C/O SPECTAIRE INC., 155 ARLINGTON STREET, WATERTOWN MA 02472
Gianfranco Baldesarra director C/O SPECTAIRE INC., 155 ARLINGTON STREET, WATERTOWN MA 02472
Christopher Grossman officer: Chief Commercial Officer C/O SPECTAIRE INC., 155 ARLINGTON STREET, WATERTOWN MA 02472
Leonardo Fernandes officer: Chief Financial Officer C/O SPECTAIRE INC., 155 ARLINGTON STREET, WATERTOWN MA 02472
Brian Hemond director, officer: Chief Technology Officer C/O SPECTAIRE INC., 155 ARLINGTON STREET, WATERTOWN MA 02472
Northern Pacific Group, L.p. 10 percent owner 251 LITTLE FALLS DRIVE, WILMINGTON DE 19808
Owl Creek Asset Management, L.p. 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Jeffrey A Altman 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Tao Tan director 7809 WOODMONT AVENUE, SUITE 200, BETHESDA MD 20814
Karrie Willis director C/O PERCEPTION CAPITAL CORP. II, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Aqr Arbitrage Llc 10 percent owner ONE GREENWICH PLAZA, GREENWICH CT 06830

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