Cartesian Growth II (Cartesian Growth II) Total Assets : $177.34 Mil (As of Mar. 2024)

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What is Cartesian Growth II Total Assets?

Cartesian Growth II's Total Assets for the quarter that ended in Mar. 2024 was $177.34 Mil.

During the past 12 months, Cartesian Growth II's average Total Assets Growth Rate was -27.00% per year.

Total Assets is connected with ROA %. Cartesian Growth II's annualized ROA % for the quarter that ended in Mar. 2024 was 5.76%. Total Assets is also linked to Revenue through Asset Turnover. Cartesian Growth II's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

Cartesian Growth II Total Assets Historical Data

The historical data trend for Cartesian Growth II'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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Cartesian Growth II Total Assets Chart

Cartesian Growth II Annual Data

Trend

Dec21

Dec22

Dec23

Total Assets

0.46

240.60

174.58

Cartesian Growth II Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial					243.34	245.86	248.75	174.58	177.34

Cartesian Growth II 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.

Cartesian Growth II'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 )
	=	155.712	+	18.87
	=	174.58

Cartesian Growth II'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 )
	=	158.247	+	19.089
	=	177.34

Cartesian Growth II (NAS:RENE) Total Assets Explanation

Total Assets is connected with ROA %.

Cartesian Growth II'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 )
	=	10.14	/	( (174.582	+	177.336)	/ 2 )
	=	10.14	/	175.959
	=	5.76 %

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.

Cartesian Growth II'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	/	( (174.582	+	177.336)	/ 2 )
=	0	/	175.959
=	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.

Cartesian Growth II Total Assets Related Terms

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Cartesian Growth II (Cartesian Growth II) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Cartesian Growth Corp II (NAS:RENE) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

505 Fifth Avenue, 15th Floor, New York, NY, USA, 10017

Website

https://www.cartesiangrowth.com

Cartesian Growth Corp II is a blank check company.

Executives

Peter Yu	director, 10 percent owner, officer: See Remarks	C/O CARTESIAN CAPITAL GROUP, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Pangaea Three-b, Lp	10 percent owner	C/O CARTESIAN CAPITAL GROUP, 505 FIFTH AVE., 15TH FLOOR, NEW YORK NY 10017
Bertrand P. Grabowski	director	C/O CARTESIAN GROWTH CORPORATION, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Daniel Jeremy Karp	director	C/O CARTESIAN GROWTH CORPORATION, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Beth Michelson	officer: Chief Financial Officer	C/O CARTESIAN GROWTH CORPORATION II, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Cgc Ii Sponsor Llc	10 percent owner	C/O CARTESIAN GROWTH CORPORATION II, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Luque Rafael De	director	C/O CARTESIAN GROWTH CORPORATION II, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Sheryl Schwartz	director	C/O CARTESIAN GROWTH CORPORATION II, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Allan Leighton	director	C/O CARTESIAN GROWTH CORPORATION II, NEW YORK NY 10017