10X Capital Venture Acquisition III (10X Capital Venture Acquisition III) Total Assets : $44.00 Mil (As of Sep. 2023)

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What is 10X Capital Venture Acquisition III Total Assets?

10X Capital Venture Acquisition III's Total Assets for the quarter that ended in Sep. 2023 was $44.00 Mil.

During the past 12 months, 10X Capital Venture Acquisition III's average Total Assets Growth Rate was -85.90% per year.

Total Assets is connected with ROA %. 10X Capital Venture Acquisition III's annualized ROA % for the quarter that ended in Sep. 2023 was -20.67%. Total Assets is also linked to Revenue through Asset Turnover. 10X Capital Venture Acquisition III's Asset Turnover for the quarter that ended in Sep. 2023 was 0.00.

10X Capital Venture Acquisition III Total Assets Historical Data

The historical data trend for 10X Capital Venture Acquisition 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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10X Capital Venture Acquisition III Total Assets Chart

10X Capital Venture Acquisition III Annual Data

Trend

Dec21

Dec22

Total Assets

0.57

308.86

10X Capital Venture Acquisition III Quarterly Data
	Feb21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Total Assets	Get a 7-Day Free Trial						306.58	308.86	45.21	44.69	44.00

10X Capital Venture Acquisition 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.

10X Capital Venture Acquisition III'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 )
	=	25.267	+	283.588
	=	308.86

10X Capital Venture Acquisition III'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 )
	=	24.191	+	19.804
	=	44.00

10X Capital Venture Acquisition III (AMEX:VCXB) Total Assets Explanation

Total Assets is connected with ROA %.

10X Capital Venture Acquisition III'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 )
	=	-9.164	/	( (44.692	+	43.995)	/ 2 )
	=	-9.164	/	44.3435
	=	-20.67 %

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.

10X Capital Venture Acquisition III'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	/	( (44.692	+	43.995)	/ 2 )
=	0	/	44.3435
=	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.

10X Capital Venture Acquisition III Total Assets Related Terms

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10X Capital Venture Acquisition III (10X Capital Venture Acquisition III) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » 10X Capital Venture Acquisition Corp III (AMEX:VCXB) » Definitions » Total Assets

Comparable Companies

BCSA LCW GAQ FLME CHEA EVE HCMA SUAC ALCY HHLA PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA

Traded in Other Exchanges

N/A

Address

1 World Trade Center, 85th Floor, New York, NY, USA, 10007

Website

https://www.10xspac.com

10X Capital Venture Acquisition Corp III is a blank check company.

Executives

Kash Sheikh	director	4001 KENNETT PIKE, SUITE 302, WILMINGTON DE 19807
Woodrow Levin	director	535 MISSION STREET, 11TH FLOOR, SAN FRANSISCO CA 941105
Christopher Jurasek	director	13625 TECHNOLOGY DR, EDEN PRAIRIE MN 55344-2252
Oliver Wriedt	officer: See Remarks	CIFC CORP., 250 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10177
David Weisburd	director, officer: COO & Head of Origination	1 WORLD TRADE CENTER, FLOOR 85, NEW YORK NY 10007
Guhan Kandasamy	officer: Chief Financial Officer	1 WORLD TRADE CENTER, FLOOR 85, NEW YORK NY 10007
Hans Thomas	director, 10 percent owner, officer: Chief Executive Officer	1 WORLD TRADE CENTER, FLOOR 85, NEW YORK NY 10007
Boris Silver	director	1 WORLD TRADE CENTER, FLOOR 85, NEW YORK NY 10007
10x Capital Advisors, Llc	10 percent owner	1 WORLD TRADE CENTER, 85TH FLOOR, NEW YORK NY 10007
10x Capital Spac Sponsor Iii Llc	director, 10 percent owner	1 WORLD TRADE CENTER, FLOOR 85, NEW YORK NJ 10007

10X Capital Venture Acquisition III (10X Capital Venture Acquisition III) Headlines

From GuruFocus

Correction: Addimmune, a Clinical Stage HIV-Focused Gene Therapy Company, to go Public Through Business Combination With 10X Capital Venture Acquisition Corp. III

By GlobeNewswire • 08-10-2023