Chain Bridge I (Chain Bridge I) Total Assets : $11.24 Mil (As of Mar. 2024)

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What is Chain Bridge I Total Assets?

Chain Bridge I's Total Assets for the quarter that ended in Mar. 2024 was $11.24 Mil.

During the past 12 months, Chain Bridge I's average Total Assets Growth Rate was -95.30% per year.

Total Assets is connected with ROA %. Chain Bridge I's annualized ROA % for the quarter that ended in Mar. 2024 was -17.50%. Total Assets is also linked to Revenue through Asset Turnover. Chain Bridge I's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

Chain Bridge I Total Assets Historical Data

The historical data trend for Chain Bridge 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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Chain Bridge I Total Assets Chart

Chain Bridge I Annual Data

Trend

Dec21

Dec22

Dec23

Total Assets

236.19

238.24

45.36

Chain Bridge I Quarterly Data
	Jan21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial								240.95	44.42	44.88	45.36	11.24

Chain Bridge 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.

Chain Bridge I'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 )
	=	45.176	+	0.187
	=	45.36

Chain Bridge I'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 )
	=	9.431	+	1.812
	=	11.24

Chain Bridge I (NAS:CBRGU) Total Assets Explanation

Total Assets is connected with ROA %.

Chain Bridge I'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 )
	=	-4.952	/	( (45.363	+	11.243)	/ 2 )
	=	-4.952	/	28.303
	=	-17.50 %

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.

Chain Bridge I'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	/	( (45.363	+	11.243)	/ 2 )
=	0	/	28.303
=	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.

Chain Bridge I Total Assets Related Terms

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Chain Bridge I (Chain Bridge I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Chain Bridge I (NAS:CBRGU) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

CBRG:USA

Address

330 Primrose Road, Suite 500, Burlingame, CA, USA, 94010

Website

https://www.chainbg.com

Chain Bridge I is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

Chain Bridge I (Chain Bridge I) Headlines

From GuruFocus

Chain Bridge I Securities to Commence Separate Trading

By Business Wire Business Wire • 12-29-2021

Chain Bridge I Announces Full Exercise of Underwriters' Over-Allotment Option and Closing of $230 Million Initial Public Offering

By Business Wire Business Wire • 11-15-2021

Chain Bridge I Will Redeem Public Shares

By Business Wire • 10-31-2023