GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Ahren Acquisition Corp (NAS:AHRNW) » Definitions » Total Assets

Ahren Acquisition (Ahren Acquisition) Total Assets : $313.52 Mil (As of Mar. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Ahren Acquisition Total Assets?

Ahren Acquisition's Total Assets for the quarter that ended in Mar. 2023 was $313.52 Mil.

During the past 12 months, Ahren Acquisition's average Total Assets Growth Rate was 2.10% per year.

Total Assets is connected with ROA %. Ahren Acquisition's annualized ROA % for the quarter that ended in Mar. 2023 was 1.53%. Total Assets is also linked to Revenue through Asset Turnover. Ahren Acquisition's Asset Turnover for the quarter that ended in Mar. 2023 was 0.00.


Ahren Acquisition Total Assets Historical Data

The historical data trend for Ahren 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.

Ahren Acquisition Total Assets Chart

Ahren Acquisition Annual Data
Trend Dec21 Dec22
Total Assets
308.83 310.98

Ahren Acquisition Quarterly Data
Apr21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Total Assets Get a 7-Day Free Trial 307.91 307.83 308.43 310.98 313.52

Ahren 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.

Ahren 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 )
=307.006+3.969
=310.98

Ahren Acquisition's Total Assets for the quarter that ended in Mar. 2023 is calculated as

Total Assets=Total Equity (Q: Mar. 2023 )+Total Liabilities (Q: Mar. 2023 )
=308.196+5.323
=313.52

* 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.


Ahren Acquisition  (NAS:AHRNW) Total Assets Explanation

Total Assets is connected with ROA %.

Ahren Acquisition's annualized ROA % for the quarter that ended in Mar. 2023 is

ROA %=Net Income (Q: Mar. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Mar. 2023 ))/ count )
=4.764/( (310.975+313.519)/ 2 )
=4.764/312.247
=1.53 %

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

Ahren Acquisition's Asset Turnover for the quarter that ended in Mar. 2023 is

Asset Turnover
=Revenue (Q: Mar. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Mar. 2023 ))/ count )
=0/( (310.975+313.519)/ 2 )
=0/312.247
=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.

Ahren Acquisition Total Assets Related Terms

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


Ahren Acquisition (Ahren Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
Boundary Hall, Cricket Square, Grand Cayman, CYM, KY1-1102
Ahren Acquisition Corp is a blank check company.