Aura Fat Projects Acquisition (Aura Fat Projects Acquisition) Total Assets : $31.39 Mil (As of Feb. 2024)

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What is Aura Fat Projects Acquisition Total Assets?

Aura Fat Projects Acquisition's Total Assets for the quarter that ended in Feb. 2024 was $31.39 Mil.

During the past 12 months, Aura Fat Projects Acquisition's average Total Assets Growth Rate was -74.00% per year.

Total Assets is connected with ROA %. Aura Fat Projects Acquisition's annualized ROA % for the quarter that ended in Feb. 2024 was 2.89%. Total Assets is also linked to Revenue through Asset Turnover. Aura Fat Projects Acquisition's Asset Turnover for the quarter that ended in Feb. 2024 was 0.00.

Aura Fat Projects Acquisition Total Assets Historical Data

The historical data trend for Aura Fat Projects 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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Aura Fat Projects Acquisition Total Assets Chart

Aura Fat Projects Acquisition Annual Data

Trend

Nov22

Nov23

Total Assets

119.27

30.97

Aura Fat Projects Acquisition Quarterly Data
	Dec21	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Total Assets	Get a 7-Day Free Trial				120.29	121.66	30.15	30.97	31.39

Aura Fat Projects 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.

Aura Fat Projects Acquisition's Total Assets for the fiscal year that ended in Nov. 2023 is calculated as

Total Assets	=	Total Equity (A: Nov. 2023 )	+	Total Liabilities (A: Nov. 2023 )
	=	25.014	+	5.955
	=	30.97

Aura Fat Projects Acquisition's Total Assets for the quarter that ended in Feb. 2024 is calculated as

Total Assets	=	Total Equity (Q: Feb. 2024 )	+	Total Liabilities (Q: Feb. 2024 )
	=	25.239	+	6.153
	=	31.39

Aura Fat Projects Acquisition (NAS:AFAR) Total Assets Explanation

Total Assets is connected with ROA %.

Aura Fat Projects Acquisition's annualized ROA % for the quarter that ended in Feb. 2024 is

ROA %	=	Net Income (Q: Feb. 2024 )	/	( (Total Assets (Q: Nov. 2023 )	+	Total Assets (Q: Feb. 2024 ))	/ count )
	=	0.9	/	( (30.968	+	31.392)	/ 2 )
	=	0.9	/	31.18
	=	2.89 %

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

Aura Fat Projects Acquisition's Asset Turnover for the quarter that ended in Feb. 2024 is

	Asset Turnover
=	Revenue (Q: Feb. 2024 )	/	( (Total Assets (Q: Nov. 2023 )	+	Total Assets (Q: Feb. 2024 ))	/ count )
=	0	/	( (30.968	+	31.392)	/ 2 )
=	0	/	31.18
=	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.

Aura Fat Projects Acquisition Total Assets Related Terms

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Aura Fat Projects Acquisition (Aura Fat Projects Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Aura Fat Projects Acquisition Corp (NAS:AFAR) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 09-00, 1 Phillip Street, Royal One Phillip, Singapore, SGP, 048692

Website

Aura Fat Projects Acquisition Corp formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar Business Combination with one or more businesses.

Executives

Aura Fat Projects Capital Llc

10 percent owner

103 SOUTH CHURCH STREET, PO BOX 10240, GRAND CAYMAN E9 KY1-1002