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Acropolis Infrastructure Acquisition (Acropolis Infrastructure Acquisition) Total Assets : $83.93 Mil (As of Sep. 2023)


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What is Acropolis Infrastructure Acquisition Total Assets?

Acropolis Infrastructure Acquisition's Total Assets for the quarter that ended in Sep. 2023 was $83.93 Mil.

During the past 12 months, Acropolis Infrastructure Acquisition's average Total Assets Growth Rate was -75.90% per year.

Total Assets is connected with ROA %. Acropolis Infrastructure Acquisition's annualized ROA % for the quarter that ended in Sep. 2023 was 1.35%. Total Assets is also linked to Revenue through Asset Turnover. Acropolis Infrastructure Acquisition's Asset Turnover for the quarter that ended in Sep. 2023 was 0.00.


Acropolis Infrastructure Acquisition Total Assets Historical Data

The historical data trend for Acropolis Infrastructure 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.

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Acropolis Infrastructure Acquisition Total Assets Chart

Acropolis Infrastructure Acquisition Annual Data
Trend Dec20 Dec21 Dec22
Total Assets
0.08 346.74 348.54

Acropolis Infrastructure Acquisition Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 348.04 348.54 353.11 82.63 83.93

Acropolis Infrastructure 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.

Acropolis Infrastructure Acquisition's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets=Total Equity (A: Dec. 2022 )+Total Liabilities (A: Dec. 2022 )
=332.309+16.228
=348.54

Acropolis Infrastructure Acquisition's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets=Total Equity (Q: Sep. 2023 )+Total Liabilities (Q: Sep. 2023 )
=63.257+20.676
=83.93

* 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.


Acropolis Infrastructure Acquisition  (NYSE:ACRO.U) Total Assets Explanation

Total Assets is connected with ROA %.

Acropolis Infrastructure Acquisition's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %=Net Income (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=1.128/( (82.63+83.934)/ 2 )
=1.128/83.282
=1.35 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) 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.

Acropolis Infrastructure Acquisition's Asset Turnover for the quarter that ended in Sep. 2023 is

Asset Turnover
=Revenue (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=0/( (82.63+83.934)/ 2 )
=0/83.282
=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.

Acropolis Infrastructure Acquisition Total Assets Related Terms

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Acropolis Infrastructure Acquisition (Acropolis Infrastructure Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
9 West 57th Street, 42nd Floor, New York, NY, USA, 10019
Acropolis Infrastructure Acquisition Corp is a blank check company.

Acropolis Infrastructure Acquisition (Acropolis Infrastructure Acquisition) Headlines