ACABW (Atlantic Coastal Acquisition II) Total Assets: $7.90 Mil (As of Jun. 2024)

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ACABW Atlantic Coastal Acquisition Corp II ACABW
20 GF Score
Price $0.06
! 2 Warning Signs
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What is Atlantic Coastal Acquisition II Total Assets?

Atlantic Coastal Acquisition II ACABW +50.00% 20 Total Assets is $7.90 Mil as of Jun. 2024. GuruFocus rates ACABW with a GF Score™ of 20/100. The stock has 2 warning signs investors should review.

Atlantic Coastal Acquisition II's Total Assets for the quarter that ended in Jun. 2024 was $7.90 Mil.

During the past 12 months, Atlantic Coastal Acquisition II's average Total Assets Growth Rate was -78.90% per year.

Total Assets is connected with ROA %. Atlantic Coastal Acquisition II's annualized ROA % for the quarter that ended in Jun. 2024 was -17.58%. Total Assets is also linked to Revenue through Asset Turnover. Atlantic Coastal Acquisition II's Asset Turnover for the quarter that ended in Jun. 2024 was 0.00.

Atlantic Coastal Acquisition II  (NAS:ACABW) Total Assets Explanation

Total Assets is connected with ROA %.

Atlantic Coastal Acquisition II's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %=Net Income (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=-1.356/( (7.534+7.896)/ 2 )
=-1.356/7.715
=-17.58 %

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

Atlantic Coastal Acquisition II's Asset Turnover for the quarter that ended in Jun. 2024 is

Asset Turnover
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=0/( (7.534+7.896)/ 2 )
=0/7.715
=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.

Atlantic Coastal Acquisition II Total Assets Related Terms

Atlantic Coastal Acquisition II Total Assets Historical Data

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The historical data trend for Atlantic Coastal 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.

Atlantic Coastal Acquisition II Total Assets Chart

Atlantic Coastal Acquisition II Annual Data
Trend Dec21 Dec22 Dec23
Total Assets
0.36 310.56 37.37

Atlantic Coastal Acquisition II Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 38.44 37.52 37.37 7.53 7.90
ACABW
20GF Score
Atlantic Coastal Acquisition Corp II ACABW
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Atlantic Coastal 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.

Atlantic Coastal Acquisition 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 )
=-8.522+45.888
=37.37

Atlantic Coastal Acquisition II's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets=Total Equity (Q: Jun. 2024 )+Total Liabilities (Q: Jun. 2024 )
=-9.91+17.806
=7.90

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $7.90 Mil mean?
Atlantic Coastal Acquisition II (ACABW) has a Total Assets of $7.90 Mil as of Jun. 2024. The total amount of assets as recorded on a company's balance sheet. View historical data on Atlantic Coastal Acquisition II and its competitors.
Is Atlantic Coastal Acquisition II's Total Assets too high?
Atlantic Coastal Acquisition II's current Total Assets is $7.90 Mil. Overall, Atlantic Coastal Acquisition II has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Atlantic Coastal Acquisition II's Total Assets compare to BYTS and ATAK?
Atlantic Coastal Acquisition II's Total Assets of $7.90 Mil can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Diversified Financial Services company?
A good Total Assets depends on the Diversified Financial Services industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Atlantic Coastal Acquisition II and its competitors. Atlantic Coastal Acquisition II's current Total Assets is $7.90 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atlantic Coastal Acquisition II stock overvalued right now?
Atlantic Coastal Acquisition II (ACABW) has a current Total Assets of $7.90 Mil. The current Total Assets is $7.90 Mil. Atlantic Coastal Acquisition II's overall GF Score™ is 20/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Atlantic Coastal Acquisition II (ACABW), the current Total Assets is $7.90 Mil as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Atlantic Coastal Acquisition II Business Description

Address 6 St Johns Lane, Floor 5, New York, NY, USA, 10013
Atlantic Coastal Acquisition Corp II is a blank check company.
20GF Score

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Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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