Denali Capital Acquisition (Denali Capital Acquisition) Total Assets : $51.35 Mil (As of Mar. 2024)

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What is Denali Capital Acquisition Total Assets?

Denali Capital Acquisition's Total Assets for the quarter that ended in Mar. 2024 was $51.35 Mil.

During the past 12 months, Denali Capital Acquisition's average Total Assets Growth Rate was -40.60% per year.

Total Assets is connected with ROA %. Denali Capital Acquisition's annualized ROA % for the quarter that ended in Mar. 2024 was 2.07%. Total Assets is also linked to Revenue through Asset Turnover. Denali Capital Acquisition's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

Denali Capital Acquisition Total Assets Historical Data

The historical data trend for Denali 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.

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Denali Capital Acquisition Total Assets Chart

Denali Capital Acquisition Annual Data

Trend

Dec22

Dec23

Total Assets

86.28

50.69

Denali Capital Acquisition Quarterly Data
	Jan22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial				86.96	88.19	90.15	50.69	51.35

Denali 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.

Denali Capital Acquisition'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 )
	=	42.196	+	8.491
	=	50.69

Denali Capital Acquisition'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 )
	=	42.46	+	8.887
	=	51.35

Denali Capital Acquisition (NAS:DECA) Total Assets Explanation

Total Assets is connected with ROA %.

Denali Capital Acquisition'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 )
	=	1.056	/	( (50.687	+	51.347)	/ 2 )
	=	1.056	/	51.017
	=	2.07 %

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.

Denali Capital Acquisition'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	/	( (50.687	+	51.347)	/ 2 )
=	0	/	51.017
=	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.

Denali Capital Acquisition Total Assets Related Terms

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Denali Capital Acquisition (Denali Capital Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Denali Capital Acquisition Corp (NAS:DECA) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

437 Madison Avenue, 27th Floor, New York, NY, USA, 10022

Website

Denali Capital Acquisition Corp is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses.

Executives

Huifeng Chang	director	10 EASTERN DRIVE, PRINCENTON JUNCTION NJ 08550
Kevin Vassily	director	C/O IPOWER INC., 2399 BATEMAN AVENUE, DUARTE CA 91010
Lei Huang	director, officer: Chief Executive Officer	3 STONER AVE, GREAT NECK NY 10021
Jim Mao	director	C/O DENALI CAPITAL ACQUISITION CORP., 437 MADISON AVENUE, 27TH FLOOR, NEW YORK NY 10022
You Sun	officer: Chief Financial Officer	C/O DENALI CAPITAL ACQUISITION CORP., 437 MADISON AVENUE, 27TH FLOOR, NEW YORK NY 10022
Jiandong Xu	10 percent owner	C/O DENALI CAPITAL ACQUISITION CORP., 437 MADISON AVENUE, 27TH FLOOR, NEW YORK NY 10022
Denali Capital Global Investments Llc	10 percent owner	C/O DENALI CAPITAL ACQUISITION CORP., 437 MADISON AVENUE, 27TH FLOOR, NEW YORK NY 10022