Market Cap : 1.66 B | Enterprise Value : 1.66 B | PE Ratio : At Loss | PB Ratio : 5.88 |
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Digital World Acquisition's Total Assets for the quarter that ended in Mar. 2022 was $293.68 Mil.
During the past 12 months, Digital World Acquisition's average Total Assets Growth Rate was 465985.70% per year.
Total Assets is connected with ROA %. Digital World Acquisition's annualized ROA % for the quarter that ended in Mar. 2022 was -2.56%. Total Assets is also linked to Revenue through Asset Turnover. Digital World Acquisition's Asset Turnover for the quarter that ended in Mar. 2022 was 0.00.
The historical data trend for Digital World Acquisition'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.
Digital World Acquisition Quarterly Data | |||||
Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | |
Total Assets | 0.09 | 0.13 | 294.75 | 293.99 | 293.68 |
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.
Digital World Acquisition's Total Assets for the fiscal year that ended in Dec. 2021 is calculated as
Total Assets | = | Total Equity (A: Dec. 2021 ) | + | Total Liabilities (A: Dec. 2021 ) |
= | 283.245 | + | 10.746 | |
= | 293.99 |
Digital World Acquisition's Total Assets for the quarter that ended in Mar. 2022 is calculated as
Total Assets | = | Total Equity (Q: Mar. 2022 ) | + | Total Liabilities (Q: Mar. 2022 ) |
= | 281.36 | + | 12.314 | |
= | 293.67 |
* 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.
Total Assets is connected with ROA %.
Digital World Acquisition's annualized ROA % for the quarter that ended in Mar. 2022 is
ROA % | = | Net Income (Q: Mar. 2022 ) | / | ( (Total Assets (Q: Dec. 2021 ) | + | Total Assets (Q: Mar. 2022 )) | / count ) |
= | -7.536 | / | ( (293.991 | + | 293.675) | / 2 ) | |
= | -7.536 | / | 293.833 | ||||
= | -2.56 % |
Note: The Net Income data used here is four times the quarterly (Mar. 2022) 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.
Digital World Acquisition's Asset Turnover for the quarter that ended in Mar. 2022 is
Asset Turnover | ||||||
= | Revenue (Q: Mar. 2022 ) | / | ( (Total Assets (Q: Dec. 2021 ) | + | Total Assets (Q: Mar. 2022 )) | / count ) |
= | 0 | / | ( (293.991 | + | 293.675) | / 2 ) |
= | 0 | / | 293.833 | |||
= | 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.
Thank you for viewing the detailed overview of Digital World Acquisition's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Barclays Plc | 10 percent owner | 1 CHURCHILL PLACE CANARY WHARF LONDON X0 E14 5HP |
Orlando Patrick Francis | director, 10 percent owner, officer: CEO and Chairman | 212 E 48TH STREET - PHB NEW YORK NY 10017 |
Shaner Justin | director | 2000 S BAYSHORE DR UNIT 20 MIAMI FL 33133 |
Swider Eric | director | 2000 S BAYSHORE DR UNIT 20 MIAMI FL 33133 |
Veloso Rodrigo | director | 78 SW 7TH STREET MIAMI FL 33130 |
Garelick Bruce J. | director | 78 SW 7TH STREET MIAMI FL 33130 |
Montie Jacobson | director | 78 SW 7TH STREET MIAMI FL 33130 |
Orleans-braganza Luiz | officer: Chief Financial Officer | 78 SW 7TH STREET MIAMI FL 33130 |
Arc Global Investments Ii Llc | 10 percent owner | 78 SW 7TH STREET MIAMI FL 33130 |
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