CCAJ (Coastal Capital Acquisition) Total Assets: $0.03 Mil (As of Sep. 2023)


What is Coastal Capital Acquisition Total Assets?

Coastal Capital Acquisition CCAJ Total Assets is $0.03 Mil as of Sep. 2023.

Coastal Capital Acquisition's Total Assets for the quarter that ended in Sep. 2023 was $0.03 Mil.

Total Assets is connected with ROA %. Coastal Capital Acquisition's annualized ROA % for the quarter that ended in Sep. 2023 was -51.72%. Total Assets is also linked to Revenue through Asset Turnover. Coastal Capital Acquisition's Asset Turnover for the quarter that ended in Sep. 2023 was 0.00.

Coastal Capital Acquisition  (OTCPK:CCAJ) Total Assets Explanation

Total Assets is connected with ROA %.

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

ROA %=Net Income (Q: Sep. 2023 )/( (Total Assets (Q: Sep. 2022 )+Total Assets (Q: Sep. 2023 ))/ count )
=-0.015/( (0+0.029)/ 1 )
=-0.015/0.029
=-51.72 %

Note: The Net Income data used here is one times the annual (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.

Coastal Capital Acquisition's Asset Turnover for the quarter that ended in Sep. 2023 is

Asset Turnover
=Revenue (Q: Sep. 2023 )/( (Total Assets (Q: Sep. 2022 )+Total Assets (Q: Sep. 2023 ))/ count )
=0/( (0+0.029)/ 1 )
=0/0.029
=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.

Coastal Capital Acquisition Total Assets Related Terms

Coastal Capital Acquisition Total Assets Historical Data

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The historical data trend for Coastal 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.

Coastal Capital Acquisition Total Assets Chart

Coastal Capital Acquisition Annual Data
Trend
Total Assets

Coastal Capital Acquisition Semi-Annual Data
Sep22 Sep23
Total Assets 0.00 0.03

Coastal 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.

Coastal Capital Acquisition's Total Assets for the fiscal year that ended in . 20 is calculated as

Total Assets=Total Equity (A: . 20 )+Total Liabilities (A: . 20 )
=N/A+N/A
=N/A

Coastal Capital Acquisition'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 )
=-0.076+0.104
=0.03

* 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 $0.03 Mil mean?
Coastal Capital Acquisition (CCAJ) has a Total Assets of $0.03 Mil as of Sep. 2023. The total amount of assets as recorded on a company's balance sheet. View historical data on Coastal Capital Acquisition and its competitors.
Is Coastal Capital Acquisition's Total Assets too high?
Coastal Capital Acquisition's current Total Assets is $0.03 Mil.
How does Coastal Capital Acquisition's Total Assets compare to SODE and CIPI?
Coastal Capital Acquisition's Total Assets of $0.03 Mil can be compared against companies in the Construction 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 Construction company?
A good Total Assets depends on the Construction 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 Coastal Capital Acquisition and its competitors. Coastal Capital Acquisition's current Total Assets is $0.03 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coastal Capital Acquisition stock overvalued right now?
Coastal Capital Acquisition (CCAJ) has a current Total Assets of $0.03 Mil. The current Total Assets is $0.03 Mil. 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 Coastal Capital Acquisition (CCAJ), the current Total Assets is $0.03 Mil as of Sep. 2023. 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.

Coastal Capital Acquisition Business Description

Address 1410 Park Lane S, Suite 1, Jupiter, FL, USA, 33458
Coastal Capital Acquisition Corp is now a Builder engaged in the construction of single-family houses and other buildings for sale on its account rather than as contractors, including renovations. Its secondary business engagement is an Office of Holding companies, mainly engaging in holding the equity interest in (or securities) companies and enterprises to own a controlling interest or influence the management decisions of these firms.