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Arogo Capital Acquisition (Arogo Capital Acquisition) Total Assets : $19.90 Mil (As of Mar. 2024)


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What is Arogo Capital Acquisition Total Assets?

Arogo Capital Acquisition's Total Assets for the quarter that ended in Mar. 2024 was $19.90 Mil.

During the past 12 months, Arogo Capital Acquisition's average Total Assets Growth Rate was -81.40% per year.

Total Assets is connected with ROA %. Arogo Capital Acquisition's annualized ROA % for the quarter that ended in Mar. 2024 was -3.83%. Total Assets is also linked to Revenue through Asset Turnover. Arogo Capital Acquisition's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.


Arogo Capital Acquisition Total Assets Historical Data

The historical data trend for Arogo Capital 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.

Arogo Capital Acquisition Total Assets Chart

Arogo Capital Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Total Assets
106.05 106.08 19.56

Arogo Capital Acquisition Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 107.02 53.61 54.58 19.56 19.90

Arogo Capital 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.

Arogo Capital Acquisition's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=11.899+7.66
=19.56

Arogo Capital Acquisition's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=11.71+8.194
=19.90

* 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.


Arogo Capital Acquisition  (NAS:AOGO) Total Assets Explanation

Total Assets is connected with ROA %.

Arogo Capital Acquisition's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=-0.756/( (19.559+19.904)/ 2 )
=-0.756/19.7315
=-3.83 %

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

Arogo Capital Acquisition's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=0/( (19.559+19.904)/ 2 )
=0/19.7315
=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.

Arogo Capital Acquisition Total Assets Related Terms

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Arogo Capital Acquisition (Arogo Capital Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
848 Brickell Avenue, Penthouse 5, Miami, FL, USA, 33131
Website
Arogo Capital Acquisition Corp is a blank check company.
Executives
J. Gerald Combs director 848 BRICKELL AVENUE, PENT HOUSE 5, MIAMI FL 33131
Ja'afar H.r.h. Tunku Naquiyuddin Ibni Tuanku director 848 BRICKELL AVENUE, PENT HOUSE 5, MIAMI FL 33131
Chee Han Wen officer: Chief Strategy Officer 848 BRICKELL AVENUE, PENT HOUSE 5, MIAMI FL 33131
Suthee Chivaphongse officer: Chief Financial Officer 848 BRICKELL AVENUE, PENT HOUSE 5, MIAMI FL 33131
Suradech Taweesaengsakulthai director, officer: Director and CEO 848 BRICKELL AVENUE, PENT HOUSE 5, MIAMI FL 33131
Somnuek Anakwat director 848 BRICKELL AVENUE, PENT HOUSE 5, MIAMI FL 33131
Koo Dom Investment, Llc 10 percent owner 7201 WELLESLEY AVENUE, WESTMINSTER CA 92682