Acamar Partners Acquisition (Acamar Partners Acquisition) Total Assets : $311.52 Mil (As of Sep. 2020)

View and export this data going back to 2019. Start your Free Trial

What is Acamar Partners Acquisition Total Assets?

Acamar Partners Acquisition's Total Assets for the quarter that ended in Sep. 2020 was $311.52 Mil.

Total Assets is connected with ROA %. Acamar Partners Acquisition's annualized ROA % for the quarter that ended in Sep. 2020 was -0.21%. Total Assets is also linked to Revenue through Asset Turnover. Acamar Partners Acquisition's Asset Turnover for the quarter that ended in Sep. 2020 was 0.00.

Acamar Partners Acquisition Total Assets Historical Data

The historical data trend for Acamar Partners 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.

* Premium members only.

Acamar Partners Acquisition Total Assets Chart

Acamar Partners Acquisition Annual Data

Trend

Dec18

Dec19

Total Assets

0.31

311.66

Acamar Partners Acquisition Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Total Assets	Get a 7-Day Free Trial			310.76	311.66	311.93	311.77	311.52

Acamar Partners Acquisition 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.

Acamar Partners Acquisition's Total Assets for the fiscal year that ended in Dec. 2019 is calculated as

Total Assets	=	Total Equity (A: Dec. 2019 )	+	Total Liabilities (A: Dec. 2019 )
	=	300.748	+	10.91
	=	311.66

Acamar Partners Acquisition'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 )
	=	300.737	+	10.779
	=	311.52

Acamar Partners Acquisition (NAS:ACAM) Total Assets Explanation

Total Assets is connected with ROA %.

Acamar Partners Acquisition's annualized ROA % for the quarter that ended in Sep. 2020 is

ROA %	=	Net Income (Q: Sep. 2020 )	/	( (Total Assets (Q: Jun. 2020 )	+	Total Assets (Q: Sep. 2020 ))	/ count )
	=	-0.668	/	( (311.765	+	311.516)	/ 2 )
	=	-0.668	/	311.6405
	=	-0.21 %

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

Acamar Partners Acquisition's Asset Turnover for the quarter that ended in Sep. 2020 is

	Asset Turnover
=	Revenue (Q: Sep. 2020 )	/	( (Total Assets (Q: Jun. 2020 )	+	Total Assets (Q: Sep. 2020 ))	/ count )
=	0	/	( (311.765	+	311.516)	/ 2 )
=	0	/	311.6405
=	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.

Acamar Partners Acquisition Total Assets Related Terms

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

Acamar Partners Acquisition (Acamar Partners Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Acamar Partners Acquisition Corp (NAS:ACAM) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

1450 Brickell Avenue, Suite 2160, Miami, FL, USA, 33131

Website

https://www.acamarpartners.com

Acamar Partners Acquisition Corp is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.