CVIIU (Churchill Capital VII) Total Assets : $618.46 Mil (As of Jun. 2024)

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What is Churchill Capital VII Total Assets?

Churchill Capital VII's Total Assets for the quarter that ended in Jun. 2024 was $618.46 Mil.

During the past 12 months, Churchill Capital VII's average Total Assets Growth Rate was 3.10% per year. During the past 3 years, the average Total Assets Growth Rate was 3717.80% per year.

During the past 4 years, Churchill Capital VII's highest 3-Year average Total Assets Growth Rate was 3717.80%. The lowest was 3717.80%. And the median was 3717.80%.

Total Assets is connected with ROA %. Churchill Capital VII's annualized ROA % for the quarter that ended in Jun. 2024 was 1.43%. Total Assets is also linked to Revenue through Asset Turnover. Churchill Capital VII's Asset Turnover for the quarter that ended in Jun. 2024 was 0.00.

Churchill Capital VII Total Assets Historical Data

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

Churchill Capital VII Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Assets

0.04

1,385.63

1,403.39

617.00

Churchill Capital VII Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Total Assets	Get a 7-Day Free Trial										603.14	608.30	617.00	612.68	618.46

Churchill Capital VII 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 VII'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 )
	=	569.285	+	47.719
	=	617.00

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

Total Assets	=	Total Equity (Q: Jun. 2024 )	+	Total Liabilities (Q: Jun. 2024 )
	=	553.273	+	65.185
	=	618.46

Churchill Capital VII (NAS:CVIIU) Total Assets Explanation

Total Assets is connected with ROA %.

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

ROA %	=	Net Income (Q: Jun. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
	=	8.788	/	( (612.678	+	618.458)	/ 2 )
	=	8.788	/	615.568
	=	1.43 %

Note: The Net Income data used here is four times the quarterly (Jun. 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 VII's Asset Turnover for the quarter that ended in Jun. 2024 is

	Asset Turnover
=	Revenue (Q: Jun. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
=	0	/	( (612.678	+	618.458)	/ 2 )
=	0	/	615.568
=	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 VII Total Assets Related Terms

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Churchill Capital VII Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Churchill Capital Corp VII (NAS:CVIIU) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

640 Fifth Avenue, 12th Floor, New York, NY, USA, 10019

Website

https://vii.churchillcapitalcorp.com

Churchill Capital Corp VII is a blank check company.

Executives

Atlas Merchant Capital Llc	10 percent owner	477 MADISON AVENUE, 22ND FLOOR, NEW YORK NY 10022
Magnetar Financial Llc	10 percent owner	1603 ORRINGTON AVE., 13TH FLOOR, EVANSTON IL 60201
Magnetar Capital Partners Lp	10 percent owner	1603 ORRINGTON AVE., 13TH FLOOR, EVANSTON IL 60201
Supernova Management Llc	10 percent owner	1603 ORRINGTON AVENUE, 13TH FLOOR, EVANSTON IL 60201
David J. Snyderman	10 percent owner	C/O MAGNETAR FINANCIAL LLC, 1603 ORRINGTON AVENUE, 13TH FLOOR, EVANSTON IL 60201
Alan Schrager	director	C/O OHA INVESTMENT CORPORATION, 1114 AVENUE OF THE AMERICAS, 27TH FLOOR, NEW YORK NY 10036
Stephen Anthony Murphy	director	640 FIFTH AVENUE, 12TH FLOOR, NEW YORK NY 10019
Andrew Frankle	director	640 FIFTH AVENUE, 12TH FLOOR, NEW YORK NY 10019
Malcolm Stephen Mcdermid	director	C/O CTC MY CFO, P.O. BOX 10195, DEPT. 1173, PALO ALTO CA 94303
Churchill Sponsor Vii Llc	10 percent owner	640 FIFTH AVENUE, 12TH FLOOR, NEW YORK NY 10019
Lee Jay Taragin	officer: Chief Financial Officer	640 FIFTH AVENUE, 12TH FLOOR, NEW YORK NY 10019
Bonnie Jonas	director	640 FIFTH AVENUE, 12TH FLOOR, NEW YORK NY 10019
Michael Stuart Klein	director, 10 percent owner, officer: See Remarks	C/O DAVIS POLK & WARDWELL, 450 LEXINGTON AVENUE, NEW YORK NY 10017
M. Klein Associates, Inc.	10 percent owner	640 FIFTH AVENUE, 12TH FLOOR, NEW YORK NY 10019
Glenn R August	director	C/O OHA - 1114 AVENUE OF THE AMERICAS, 27TH FLOOR, NEW YORK NY 10036