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DMYY (dMY Squared Technology Group) Total Assets : $25.55 Mil (As of Sep. 2024)


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What is dMY Squared Technology Group Total Assets?

dMY Squared Technology Group's Total Assets for the quarter that ended in Sep. 2024 was $25.55 Mil.

During the past 12 months, dMY Squared Technology Group's average Total Assets Growth Rate was -62.40% per year.

Total Assets is connected with ROA %. dMY Squared Technology Group's annualized ROA % for the quarter that ended in Sep. 2024 was 2.29%. Total Assets is also linked to Revenue through Asset Turnover. dMY Squared Technology Group's Asset Turnover for the quarter that ended in Sep. 2024 was 0.00.

dMY Squared Technology Group Total Assets Historical Data

The historical data trend for dMY Squared Technology Group'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.

dMY Squared Technology Group Total Assets Chart

dMY Squared Technology Group Annual Data
Trend Dec22 Dec23
Total Assets
65.51 67.70

dMY Squared Technology Group Quarterly Data
Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 66.94 67.70 25.94 25.16 25.55

dMY Squared Technology Group 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.

dMY Squared Technology Group'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 )
=61.481+6.22
=67.70

dMY Squared Technology Group's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets=Total Equity (Q: Sep. 2024 )+Total Liabilities (Q: Sep. 2024 )
=19.116+6.438
=25.55

* 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.

dMY Squared Technology Group  (AMEX:DMYY) Total Assets Explanation

Total Assets is connected with ROA %.

dMY Squared Technology Group's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=0.58/( (25.164+25.554)/ 2 )
=0.58/25.359
=2.29 %

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

dMY Squared Technology Group's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=0/( (25.164+25.554)/ 2 )
=0/25.359
=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.

dMY Squared Technology Group Total Assets Related Terms

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dMY Squared Technology Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » dMY Squared Technology Group Inc (AMEX:DMYY) » Definitions » Total Assets
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Traded in Other Exchanges
F6U:Germany
Address
80 North Town Center Drive, Suite 100, Las Vegas, NV, USA, 89144
Website
https://www.dmytechnology.com
dMY Squared Technology Group Inc is a blank check company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Executives
Harry L. You director, 10 percent owner, officer: See Remarks EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748
Francesca Luthi director 1180 NORTH TOWN CENTER DRIVE, SUITE 100, LAS VEGAS NV 89144
Weaver Constance K director 2900 ESPERANZA CROSSING, 2ND FLOOR, AUSTIN TX 78758
Charles Wert director 200 PARK AVENUE, NEW YORK NY 10166
Darla Anderson director C/O GLU MOBILE INC., 875 HOWARD STREET, SUITE 100, SAN FRANCISCO CA 94103
Masi Niccolo De director, officer: Co-Chief Executive Officer 500 HOWARD ST., SUITE 300, SAN FRANCISCO CA 94105
Dmy Squared Sponsor, Llc 10 percent owner 1180 NORTH TOWN CENTER DRIVE SUITE 100, LAS VEGAS NV 89144