Trident Acquisitions (Trident Acquisitions) Total Assets : $63.85 Mil (As of Jun. 2021)

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What is Trident Acquisitions Total Assets?

Trident Acquisitions's Total Assets for the quarter that ended in Jun. 2021 was $63.85 Mil.

During the past 12 months, Trident Acquisitions's average Total Assets Growth Rate was -7.90% per year. During the past 3 years, the average Total Assets Growth Rate was 439.80% per year.

During the past 5 years, Trident Acquisitions's highest 3-Year average Total Assets Growth Rate was 474.90%. The lowest was 439.80%. And the median was 457.35%.

Total Assets is connected with ROA %. Trident Acquisitions's annualized ROA % for the quarter that ended in Jun. 2021 was -17.01%. Total Assets is also linked to Revenue through Asset Turnover. Trident Acquisitions's Asset Turnover for the quarter that ended in Jun. 2021 was 0.00.

Trident Acquisitions Total Assets Historical Data

The historical data trend for Trident Acquisitions'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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Trident Acquisitions Total Assets Chart

Trident Acquisitions Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Total Assets

0.45

0.55

209.07

74.54

64.66

Trident Acquisitions Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21
Total Assets	Get a 7-Day Free Trial												70.12	63.59	64.66	63.85	63.85

Trident Acquisitions 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.

Trident Acquisitions'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 )
	=	47.513	+	17.148
	=	64.66

Trident Acquisitions'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 )
	=	44.998	+	18.849
	=	63.85

Trident Acquisitions (NAS:TDACU) Total Assets Explanation

Total Assets is connected with ROA %.

Trident Acquisitions'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 )
	=	-10.86	/	( (63.854	+	63.846)	/ 2 )
	=	-10.86	/	63.85
	=	-17.01 %

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.

Trident Acquisitions'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	/	( (63.854	+	63.846)	/ 2 )
=	0	/	63.85
=	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.

Trident Acquisitions Total Assets Related Terms

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Trident Acquisitions (Trident Acquisitions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Trident Acquisitions Corp (NAS:TDACU) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

77 Water Street, Floor 8, New York, NY, USA, 10005

Website

https://www.tridentacquisitions.com

Trident Acquisitions Corp is a blank check company. The firm intends to focus its search on target businesses operating in oil and gas or other natural resources companies in Eastern Europe.

Executives

Ilya Ponomarev	director, officer: Chief Executive Officer	77 WATER STREET, 8TH FLOOR, NEW YORK NY 10005
Hudson Bay Capital Management Lp	10 percent owner	28 HAVEMEYER PLACE, 2ND FLOOR, GREENWICH CT 06830
Sander Gerber	10 percent owner	C/O HUDSON BAY CAPITAL MANAGEMENT, L.P., 28 HAVEMEYER PLACE, 2ND FLOOR, GREENWICH CT 06830
Glazer Capital, Llc	10 percent owner	250 WEST 55TH STREET, SUITE 30A, NEW YORK NY 10019
Paul J Glazer	10 percent owner	250 WEST 55TH ST, SUITE 30A, NEW YORK NY 10019
Gennadii Butkevych	director	77 WATER STREET, 8TH FLOOR, NEW YORK NY 10005
Vadim Komissarov	director, officer: President and CFO	77 WATER STREET, 8TH FLOOR, NEW YORK NY 10005
Edward S Verona	director, officer: Non-Executive Chairman	77 WATER STREET, 8TH FLOOR, NEW YORK NY 10005
Thomas John Gallagher	director	77 WATER STREET, 8TH FLOOR, NEW YORK NY 10005