Northern Genesis Acquisition II (Northern Genesis Acquisition II) Total Assets : $0.03 Mil (As of Sep. 2020)

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What is Northern Genesis Acquisition II Total Assets?

Northern Genesis Acquisition II's Total Assets for the quarter that ended in Sep. 2020 was $0.03 Mil.

Total Assets is connected with ROA %. Northern Genesis Acquisition II's annualized ROA % for the quarter that ended in Sep. 2020 was %. Total Assets is also linked to Revenue through Asset Turnover. Northern Genesis Acquisition II's Asset Turnover for the quarter that ended in Sep. 2020 was .

Northern Genesis Acquisition II Total Assets Historical Data

The historical data trend for Northern Genesis Acquisition 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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Northern Genesis Acquisition II Total Assets Chart

Northern Genesis Acquisition II Annual Data

Trend

Dec20

Total Assets

0.25

Northern Genesis Acquisition II Semi-Annual Data
	Sep20
Total Assets	0.03

Northern Genesis Acquisition 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.

Northern Genesis Acquisition II's Total Assets for the fiscal year that ended in . 20 is calculated as

Total Assets	=	Total Equity (A: . 20 )	+	Total Liabilities (A: . 20 )
	=	N/A	+	N/A
	=	N/A

Northern Genesis Acquisition II's Total Assets for the quarter that ended in Sep. 2020 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2020 )	+	Total Liabilities (Q: Sep. 2020 )
	=	0.024	+	0.006
	=	0.03

Northern Genesis Acquisition II (NYSE:NGAB.U) Total Assets Explanation

Total Assets is connected with ROA %.

Northern Genesis Acquisition II's annualized ROA % for the quarter that ended in Sep. 2020 is

ROA %	=	Net Income (Q: Sep. 2020 )	/	( (Total Assets (Q: . 20 )	+	Total Assets (Q: Sep. 2020 ))	/ count )
	=		/	( (	+	)	/ )
	=		/
	=	%

Note: The Net Income data used here is one times the annual (Sep. 2020) 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.

Northern Genesis Acquisition II's Asset Turnover for the quarter that ended in Sep. 2020 is

	Asset Turnover
=	Revenue (Q: Sep. 2020 )	/	( (Total Assets (Q: . 20 )	+	Total Assets (Q: Sep. 2020 ))	/ count )
=		/	( (	+	)	/ )
=		/
=

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.

Northern Genesis Acquisition II Total Assets Related Terms

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Northern Genesis Acquisition II (Northern Genesis Acquisition II) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Northern Genesis Acquisition Corp II (NYSE:NGAB.U) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

4801 Main Street, Suite 1000, Kansas, MO, USA, 64112

Website

http://www.northerngenesis.com

Northern Genesis Acquisition Corp II operates as a blank check company.

Executives

Penny Herscher	director	1001 RIDDER PARK DRIVE, SAN JOSE CA 95131
Sc Us (ttgp), Ltd.	10 percent owner	2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025
Sequoia Grove Ii, Llc	10 percent owner	SEQUOIA CAPITAL, 2800 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Sequoia Grove Manager, Llc	10 percent owner	SEQUOIA CAPITAL, 2800 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Patrick W Grady	director, 10 percent owner	C/O OKTA, INC., 301 BRANNAN STREET 1ST FLOOR, SAN FRANCISCO CA 94107
Sequoia Capital U.s. Growth Fund Vii, L.p.	10 percent owner	2800 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Sequoia Capital U.s. Growth Vii Principals Fund, L.p.	10 percent owner	2800 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Sc U.s. Growth Vii Management, L.p.	10 percent owner	2800 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Sequoia Capital U.s. Venture Fund Xv, L.p.	10 percent owner	3000 SAND HILL ROAD, BUILDING 4, SUITE 250, MENLO PARK CA 94025
Sequoia Capital U.s. Venture Xv Principals Fund, L.p.	10 percent owner	2800 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Sequoia Capital U.s. Venture Partners Fund Xv, L.p.	10 percent owner	2800 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Sequoia Capital U.s. Venture Partners Fund Xv (q), L.p.	10 percent owner	2800 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Sc U.s. Venture Xv Management, L.p.	10 percent owner	2800 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Ian Robertson	director	C/O NORTHERN GENESIS ACQUISITION CORP., 4801 MAIN STREET, SUITE 1000, KANSAS CITY MO 64112
Morgan Dioli	officer: Interim Chief Financial Ofcr	C/O EMBARK TECHNOLOGY, INC., 321 ALABAMA STREET, SAN FRANCISCO CA 94110