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Altimeter Growth (Altimeter Growth) Total Assets : $500.25 Mil (As of Sep. 2021)


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What is Altimeter Growth Total Assets?

Altimeter Growth's Total Assets for the quarter that ended in Sep. 2021 was $500.25 Mil.

Total Assets is connected with ROA %. Altimeter Growth's annualized ROA % for the quarter that ended in Sep. 2021 was 9.87%. Total Assets is also linked to Revenue through Asset Turnover. Altimeter Growth's Asset Turnover for the quarter that ended in Sep. 2021 was 0.00.


Altimeter Growth Total Assets Historical Data

The historical data trend for Altimeter Growth'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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Altimeter Growth Total Assets Chart

Altimeter Growth Annual Data
Trend Dec20
Total Assets
501.13

Altimeter Growth Semi-Annual Data
Aug20 Sep20 Mar21 Jun21 Sep21
Total Assets 0.10 0.63 501.04 500.52 500.25

Altimeter Growth 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.

Altimeter Growth'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 )
=326.377+174.754
=501.13

Altimeter Growth's Total Assets for the quarter that ended in Sep. 2021 is calculated as

Total Assets=Total Equity (Q: Sep. 2021 )+Total Liabilities (Q: Sep. 2021 )
=410.086+90.159
=500.25

* 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.


Altimeter Growth  (NAS:AGCWW) Total Assets Explanation

Total Assets is connected with ROA %.

Altimeter Growth's annualized ROA % for the quarter that ended in Sep. 2021 is

ROA %=Net Income (Q: Sep. 2021 )/( (Total Assets (Q: Jun. 2021 )+Total Assets (Q: Sep. 2021 ))/ count )
=49.385/( (500.52+500.245)/ 2 )
=49.385/500.3825
=9.87 %

Note: The Net Income data used here is one times the annual (Sep. 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.

Altimeter Growth's Asset Turnover for the quarter that ended in Sep. 2021 is

Asset Turnover
=Revenue (Q: Sep. 2021 )/( (Total Assets (Q: Jun. 2021 )+Total Assets (Q: Sep. 2021 ))/ count )
=0/( (500.52+500.245)/ 2 )
=0/500.3825
=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.

Altimeter Growth Total Assets Related Terms

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Altimeter Growth (Altimeter Growth) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
2550 Sand Hill Road, Suite 150, Menlo Park, CA, USA, 94025
Altimeter Growth Corp is a blank check company.