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APx Acquisition I (APx Acquisition I) Total Assets : $63.46 Mil (As of Sep. 2023)


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What is APx Acquisition I Total Assets?

APx Acquisition I's Total Assets for the quarter that ended in Sep. 2023 was $63.46 Mil.

During the past 12 months, APx Acquisition I's average Total Assets Growth Rate was -64.10% per year.

Total Assets is connected with ROA %. APx Acquisition I's annualized ROA % for the quarter that ended in Sep. 2023 was 23.13%. Total Assets is also linked to Revenue through Asset Turnover. APx Acquisition I's Asset Turnover for the quarter that ended in Sep. 2023 was 0.00.


APx Acquisition I Total Assets Historical Data

The historical data trend for APx Acquisition I'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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APx Acquisition I Total Assets Chart

APx Acquisition I Annual Data
Trend Dec21 Dec22
Total Assets
177.19 178.50

APx Acquisition I Quarterly Data
Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Total Assets Get a 7-Day Free Trial 177.38 178.50 69.54 70.83 63.46

APx Acquisition I 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.

APx Acquisition I'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 )
=177.4+1.103
=178.50

APx Acquisition I's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets=Total Equity (Q: Sep. 2023 )+Total Liabilities (Q: Sep. 2023 )
=62.6+0.86
=63.46

* 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.


APx Acquisition I  (NAS:APXIW) Total Assets Explanation

Total Assets is connected with ROA %.

APx Acquisition I's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %=Net Income (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=15.528/( (70.827+63.459)/ 2 )
=15.528/67.143
=23.13 %

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

APx Acquisition I's Asset Turnover for the quarter that ended in Sep. 2023 is

Asset Turnover
=Revenue (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=0/( (70.827+63.459)/ 2 )
=0/67.143
=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.

APx Acquisition I Total Assets Related Terms

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APx Acquisition I (APx Acquisition I) Business Description

Traded in Other Exchanges
Address
Juan Salvador Agraz 65, Contadero, Cuajimalpa de Morelos, Mexico, MEX, 05370
APx Acquisition Corp I is a newly incorporated blank check company.