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Corsair Partnering (Corsair Partnering) Total Assets : $288.68 Mil (As of Mar. 2023)


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What is Corsair Partnering Total Assets?

Corsair Partnering's Total Assets for the quarter that ended in Mar. 2023 was $288.68 Mil.

During the past 12 months, Corsair Partnering's average Total Assets Growth Rate was 2.50% per year.

Total Assets is connected with ROA %. Corsair Partnering's annualized ROA % for the quarter that ended in Mar. 2023 was 7.43%. Total Assets is also linked to Revenue through Asset Turnover. Corsair Partnering's Asset Turnover for the quarter that ended in Mar. 2023 was 0.00.

Corsair Partnering Total Assets Historical Data

The historical data trend for Corsair Partnering'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.

* Premium members only.

Corsair Partnering Total Assets Chart

Corsair Partnering Annual Data
Trend Dec21 Dec22
Total Assets
282.44 285.74

Corsair Partnering Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Total Assets Get a 7-Day Free Trial Premium Member Only 282.06 282.18 283.28 285.74 288.68

Corsair Partnering 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.

Corsair Partnering'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 )
=270.481+15.255
=285.74

Corsair Partnering's Total Assets for the quarter that ended in Mar. 2023 is calculated as

Total Assets=Total Equity (Q: Mar. 2023 )+Total Liabilities (Q: Mar. 2023 )
=275.814+12.868
=288.68

* 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.

Corsair Partnering  (NYSE:CORS.U) Total Assets Explanation

Total Assets is connected with ROA %.

Corsair Partnering's annualized ROA % for the quarter that ended in Mar. 2023 is

ROA %=Net Income (Q: Mar. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Mar. 2023 ))/ count )
=21.336/( (285.735+288.683)/ 2 )
=21.336/287.209
=7.43 %

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

Corsair Partnering's Asset Turnover for the quarter that ended in Mar. 2023 is

Asset Turnover
=Revenue (Q: Mar. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Mar. 2023 ))/ count )
=0/( (285.735+288.683)/ 2 )
=0/287.209
=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.

Corsair Partnering Total Assets Related Terms

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Corsair Partnering (Corsair Partnering) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Corsair Partnering Corp (NYSE:CORS.U) » Definitions » Total Assets
Comparable Companies
TACA AHPA SVFB CAS AKIC GWII TOAC TGR MCAA DTRT
Traded in Other Exchanges
N/A
Address
717 Fifth Avenue, 24th Floor, New York, NY, USA, 10022
Website
https://corsair-capital.com/spac
Corsair Partnering Corp is not engaged in any business operations. The company's purpose is of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar Partnering Transaction with one or more businesses.

Corsair Partnering (Corsair Partnering) Headlines

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