Plum Acquisition III (Plum Acquisition III) Total Assets : $155.59 Mil (As of Sep. 2023)

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What is Plum Acquisition III Total Assets?

Plum Acquisition III's Total Assets for the quarter that ended in Sep. 2023 was $155.59 Mil.

During the past 12 months, Plum Acquisition III's average Total Assets Growth Rate was -45.40% per year.

Total Assets is connected with ROA %. Plum Acquisition III's annualized ROA % for the quarter that ended in Sep. 2023 was 3.35%. Total Assets is also linked to Revenue through Asset Turnover. Plum Acquisition III's Asset Turnover for the quarter that ended in Sep. 2023 was 0.00.

Plum Acquisition III Total Assets Historical Data

The historical data trend for Plum 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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Plum Acquisition III Total Assets Chart

Plum Acquisition III Annual Data

Trend

Dec21

Dec22

Total Assets

285.17

287.50

Plum Acquisition III Quarterly Data
	Feb21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Total Assets	Get a 7-Day Free Trial						285.49	287.50	290.50	293.44	155.59

Plum 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.

Plum 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 )
	=	275.865	+	11.638
	=	287.50

Plum 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 )
	=	143.547	+	12.04
	=	155.59

Plum Acquisition III (NAS:PLMJ) Total Assets Explanation

Total Assets is connected with ROA %.

Plum 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 )
	=	7.532	/	( (293.442	+	155.587)	/ 2 )
	=	7.532	/	224.5145
	=	3.35 %

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.

Plum 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	/	( (293.442	+	155.587)	/ 2 )
=	0	/	224.5145
=	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.

Plum Acquisition III Total Assets Related Terms

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Plum Acquisition III (Plum Acquisition III) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Plum Acquisition Corp III (NAS:PLMJ) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 West 34th Street, Suite 4215, Empire State Building, New York, NY, USA, 10001

Website

https://www.aptmspac.com

Alpha Partners Technology Merger Corp is a blank check company. It is formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

Executives

Scott D. Grimes	director	CARDLYTICS, INC., 675 PONCE DE LEON AVENUE NE, SUITE 6000, ATLANTA GA 30308
Tracy R Wolstencroft	director	233 SOUTH WACKER DRIVE, SUITE 4200, CHICAGO IL 60606
Rice E. John Jr	director	7272 WISCONSIN AVENUE, SUITE 1300, BETHESDA MD 20814
Marcie Vu	director	969 BROADWAY, SUITE 300, OAKLAND CA 94607
Stephen B. Brotman	director	ONE PENN PLAZA 36TH FLOOR, NEW YORK NY 10119
Alpha Partners Technology Merger Sponsor Llc	10 percent owner	ONE PENN PLAZA 36TH FLOOR, NEW YORK NY 10119
Sean Patrick O'brien	officer: Chief Financial Officer	ONE PENN PLAZA 36TH FLOOR, NEW YORK NY 10119
Matthew Krna	director, officer: Chief Executive Officer	ONE PENN PLAZA 36TH FLOOR, NEW YORK NY 10119
Michael D. Ryan	director	ONE PENN PLAZA 36TH FLOOR, NEW YORK NY 10119

Plum Acquisition III (Plum Acquisition III) Headlines

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