Reinvent Technology Partners Y (Reinvent Technology Partners Y) Total Assets : $979.37 Mil (As of Jun. 2021)

View and export this data going back to 2021. Start your Free Trial

What is Reinvent Technology Partners Y Total Assets?

Reinvent Technology Partners Y's Total Assets for the quarter that ended in Jun. 2021 was $979.37 Mil.

Total Assets is connected with ROA %. Reinvent Technology Partners Y's annualized ROA % for the quarter that ended in Jun. 2021 was -1.47%. Total Assets is also linked to Revenue through Asset Turnover. Reinvent Technology Partners Y's Asset Turnover for the quarter that ended in Jun. 2021 was 0.00.

Reinvent Technology Partners Y Total Assets Historical Data

The historical data trend for Reinvent Technology Partners Y'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.

* Premium members only.

Reinvent Technology Partners Y Total Assets Chart

Reinvent Technology Partners Y Annual Data

Trend

Dec20

Total Assets

0.06

Reinvent Technology Partners Y Quarterly Data
	Dec20	Mar21	Jun21
Total Assets	0.06	979.77	979.37

Reinvent Technology Partners Y 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.

Reinvent Technology Partners Y's Total Assets for the fiscal year that ended in Dec. 2020 is calculated as

Total Assets	=	Total Equity (A: Dec. 2020 )	+	Total Liabilities (A: Dec. 2020 )
	=	0.006	+	0.056
	=	0.06

Reinvent Technology Partners Y's Total Assets for the quarter that ended in Jun. 2021 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2021 )	+	Total Liabilities (Q: Jun. 2021 )
	=	905.376	+	73.994
	=	979.37

Reinvent Technology Partners Y (NAS:RTPY) Total Assets Explanation

Total Assets is connected with ROA %.

Reinvent Technology Partners Y's annualized ROA % for the quarter that ended in Jun. 2021 is

ROA %	=	Net Income (Q: Jun. 2021 )	/	( (Total Assets (Q: Mar. 2021 )	+	Total Assets (Q: Jun. 2021 ))	/ count )
	=	-14.424	/	( (979.772	+	979.37)	/ 2 )
	=	-14.424	/	979.571
	=	-1.47 %

Note: The Net Income data used here is four times the quarterly (Jun. 2021) 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.

Reinvent Technology Partners Y's Asset Turnover for the quarter that ended in Jun. 2021 is

	Asset Turnover
=	Revenue (Q: Jun. 2021 )	/	( (Total Assets (Q: Mar. 2021 )	+	Total Assets (Q: Jun. 2021 ))	/ count )
=	0	/	( (979.772	+	979.37)	/ 2 )
=	0	/	979.571
=	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.

Reinvent Technology Partners Y Total Assets Related Terms

Thank you for viewing the detailed overview of Reinvent Technology Partners Y's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.