AMAOU (American Acquisition Opportunity) Total Assets : $5.66 Mil (As of Jun. 2023)

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What is American Acquisition Opportunity Total Assets?

American Acquisition Opportunity's Total Assets for the quarter that ended in Jun. 2023 was $5.66 Mil.

During the past 12 months, American Acquisition Opportunity's average Total Assets Growth Rate was -65.60% per year.

Total Assets is connected with ROA %. American Acquisition Opportunity's annualized ROA % for the quarter that ended in Jun. 2023 was -15.59%. Total Assets is also linked to Revenue through Asset Turnover. American Acquisition Opportunity's Asset Turnover for the quarter that ended in Jun. 2023 was 0.00.

American Acquisition Opportunity Total Assets Historical Data

The historical data trend for American Acquisition Opportunity'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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American Acquisition Opportunity Total Assets Chart

American Acquisition Opportunity Annual Data

Trend

Dec21

Dec22

Total Assets

107.19

7.79

American Acquisition Opportunity Quarterly Data
	Jan21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Total Assets	Get a 7-Day Free Trial					16.40	8.03	7.79	5.53	5.66

American Acquisition Opportunity 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.

American Acquisition Opportunity'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 )
	=	3.562	+	4.228
	=	7.79

American Acquisition Opportunity's Total Assets for the quarter that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2023 )	+	Total Liabilities (Q: Jun. 2023 )
	=	0.72	+	4.936
	=	5.66

American Acquisition Opportunity (NAS:AMAOU) Total Assets Explanation

Total Assets is connected with ROA %.

American Acquisition Opportunity's annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %	=	Net Income (Q: Jun. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
	=	-0.872	/	( (5.533	+	5.656)	/ 2 )
	=	-0.872	/	5.5945
	=	-15.59 %

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

American Acquisition Opportunity's Asset Turnover for the quarter that ended in Jun. 2023 is

	Asset Turnover
=	Revenue (Q: Jun. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
=	0	/	( (5.533	+	5.656)	/ 2 )
=	0	/	5.5945
=	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.

American Acquisition Opportunity Total Assets Related Terms

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American Acquisition Opportunity Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » American Acquisition Opportunity Inc (NAS:AMAOU) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

12115 Visionary Way, Fishers, IN, USA, 46038

Website

American Acquisition Opportunity Inc is a blank check company.

Executives

Aqr Arbitrage Llc	10 percent owner	ONE GREENWICH PLAZA, GREENWICH CT 06830
Aqr Capital Management Llc	10 percent owner	ONE GREENWICH PLAZA, GREENWICH CT 06830
Aqr Capital Management Holdings, Llc	10 percent owner	ONE GREENWICH PLAZA, GREENWICH CT 06830
Thomas M. Sauve	director	8856 SOUTH STREET, FISHERS IN 46038
Mark C. Jensen	director, officer: Chairman and CEO	8856 SOUTH STREET, FISHERS IN 46038
Kirk Patrick Taylor	director, officer: President and CFO	8856 SOUTH STREET, FISHERS IN 46038