AXAC (AXIOS Sustainable Growth Acquisition) Total Assets: $177.66 Mil (As of Sep. 2022)


AXAC AXIOS Sustainable Growth Acquisition Corp AXAC
22 GF Score
Price $10.43
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What is AXIOS Sustainable Growth Acquisition Total Assets?

AXIOS Sustainable Growth Acquisition AXAC 22 Total Assets is $177.66 Mil as of Sep. 2022. GuruFocus rates AXAC with a GF Score™ of 22/100.

AXIOS Sustainable Growth Acquisition's Total Assets for the quarter that ended in Sep. 2022 was $177.66 Mil.

Total Assets is connected with ROA %. AXIOS Sustainable Growth Acquisition's annualized ROA % for the quarter that ended in Sep. 2022 was 0.26%. Total Assets is also linked to Revenue through Asset Turnover. AXIOS Sustainable Growth Acquisition's Asset Turnover for the quarter that ended in Sep. 2022 was 0.00.

AXIOS Sustainable Growth Acquisition  (OTCPK:AXAC) Total Assets Explanation

Total Assets is connected with ROA %.

AXIOS Sustainable Growth Acquisition's annualized ROA % for the quarter that ended in Sep. 2022 is

ROA %=Net Income (Q: Sep. 2022 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Sep. 2022 ))/ count )
=0.464/( (177.567+177.663)/ 2 )
=0.464/177.615
=0.26 %

Note: The Net Income data used here is four times the quarterly (Sep. 2022) 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.

AXIOS Sustainable Growth Acquisition's Asset Turnover for the quarter that ended in Sep. 2022 is

Asset Turnover
=Revenue (Q: Sep. 2022 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Sep. 2022 ))/ count )
=0/( (177.567+177.663)/ 2 )
=0/177.615
=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.

AXIOS Sustainable Growth Acquisition Total Assets Related Terms

AXIOS Sustainable Growth Acquisition Total Assets Historical Data

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The historical data trend for AXIOS Sustainable Growth 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.

AXIOS Sustainable Growth Acquisition Total Assets Chart

AXIOS Sustainable Growth Acquisition Annual Data
Trend Dec21
Total Assets
0.63

AXIOS Sustainable Growth Acquisition Quarterly Data
Dec21 Mar22 Jun22 Sep22
Total Assets 0.63 178.03 177.57 177.66
AXAC
22GF Score
AXIOS Sustainable Growth Acquisition Corp AXAC
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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AXIOS Sustainable Growth 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.

AXIOS Sustainable Growth Acquisition's Total Assets for the fiscal year that ended in Dec. 2021 is calculated as

Total Assets=Total Equity (A: Dec. 2021 )+Total Liabilities (A: Dec. 2021 )
=0.017+0.608
=0.63

AXIOS Sustainable Growth Acquisition's Total Assets for the quarter that ended in Sep. 2022 is calculated as

Total Assets=Total Equity (Q: Sep. 2022 )+Total Liabilities (Q: Sep. 2022 )
=176.486+1.177
=177.66

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $177.66 Mil mean?
AXIOS Sustainable Growth Acquisition (AXAC) has a Total Assets of $177.66 Mil as of Sep. 2022. The total amount of assets as recorded on a company's balance sheet. View historical data on AXIOS Sustainable Growth Acquisition and its competitors.
Is AXIOS Sustainable Growth Acquisition's Total Assets too high?
AXIOS Sustainable Growth Acquisition's current Total Assets is $177.66 Mil. Overall, AXIOS Sustainable Growth Acquisition has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does AXIOS Sustainable Growth Acquisition's Total Assets compare to CENQ and TPBA?
AXIOS Sustainable Growth Acquisition's Total Assets of $177.66 Mil can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Diversified Financial Services company?
A good Total Assets depends on the Diversified Financial Services industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on AXIOS Sustainable Growth Acquisition and its competitors. AXIOS Sustainable Growth Acquisition's current Total Assets is $177.66 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AXIOS Sustainable Growth Acquisition stock overvalued right now?
AXIOS Sustainable Growth Acquisition (AXAC) has a current Total Assets of $177.66 Mil. The current Total Assets is $177.66 Mil. AXIOS Sustainable Growth Acquisition's overall GF Score™ is 22/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For AXIOS Sustainable Growth Acquisition (AXAC), the current Total Assets is $177.66 Mil as of Sep. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

AXIOS Sustainable Growth Acquisition Business Description

Address 14090, Hopewell Road, Hidden Pines Farm, Alpharetta, GA, USA, 3004
AXIOS Sustainable Growth Acquisition Corp is a blank check company.
22GF Score

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