CCIX (Churchill Capital IX) Total Assets : $299.12 Mil (As of Dec. 2024)

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What is Churchill Capital IX Total Assets?

Churchill Capital IX's Total Assets for the quarter that ended in Dec. 2024 was $299.12 Mil.

During the past 12 months, Churchill Capital IX's average Total Assets Growth Rate was 456378.50% per year.

Total Assets is connected with ROA %. Churchill Capital IX's annualized ROA % for the quarter that ended in Dec. 2024 was 4.43%. Total Assets is also linked to Revenue through Asset Turnover. Churchill Capital IX's Asset Turnover for the quarter that ended in Dec. 2024 was 0.00.

Churchill Capital IX Total Assets Historical Data

The historical data trend for Churchill Capital IX'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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Churchill Capital IX Total Assets Chart

Churchill Capital IX Annual Data

Trend

Dec23

Dec24

Total Assets

0.07

299.12

Churchill Capital IX Quarterly Data
	Dec23	Mar24	Jun24	Sep24	Dec24
Total Assets	0.07	0.23	292.27	295.83	299.12

Churchill Capital IX 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.

Churchill Capital IX's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (A: Dec. 2024 )	+	Total Liabilities (A: Dec. 2024 )
	=	288.987	+	10.138
	=	299.13

Churchill Capital IX's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2024 )	+	Total Liabilities (Q: Dec. 2024 )
	=	288.987	+	10.138
	=	299.13

Churchill Capital IX (NAS:CCIX) Total Assets Explanation

Total Assets is connected with ROA %.

Churchill Capital IX's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %	=	Net Income (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
	=	13.164	/	( (295.834	+	299.124)	/ 2 )
	=	13.164	/	297.479
	=	4.43 %

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

Churchill Capital IX's Asset Turnover for the quarter that ended in Dec. 2024 is

	Asset Turnover
=	Revenue (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
=	0	/	( (295.834	+	299.124)	/ 2 )
=	0	/	297.479
=	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.

Churchill Capital IX Total Assets Related Terms

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