ERESW (East Resources Acquisition Co) Total Assets: $29.62 Mil (As of Mar. 2023)

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ERESW East Resources Acquisition Co ERESW
21 GF Score
Price $0.28
! 2 Warning Signs
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What is East Resources Acquisition Co Total Assets?

East Resources Acquisition Co ERESW +3.61% 21 Total Assets is $29.62 Mil as of Mar. 2023. GuruFocus rates ERESW with a GF Score™ of 21/100. The stock has 2 warning signs investors should review.

East Resources Acquisition Co's Total Assets for the quarter that ended in Mar. 2023 was $29.62 Mil.

During the past 12 months, East Resources Acquisition Co's average Total Assets Growth Rate was -91.40% per year.

Total Assets is connected with ROA %. East Resources Acquisition Co's annualized ROA % for the quarter that ended in Mar. 2023 was -0.89%. Total Assets is also linked to Revenue through Asset Turnover. East Resources Acquisition Co's Asset Turnover for the quarter that ended in Mar. 2023 was 0.00.

East Resources Acquisition Co  (NAS:ERESW) Total Assets Explanation

Total Assets is connected with ROA %.

East Resources Acquisition Co'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 )
=-0.576/( (99.374+29.62)/ 2 )
=-0.576/64.497
=-0.89 %

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.

East Resources Acquisition Co'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/( (99.374+29.62)/ 2 )
=0/64.497
=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.

East Resources Acquisition Co Total Assets Related Terms

East Resources Acquisition Co Total Assets Historical Data

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The historical data trend for East Resources Acquisition Co'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.

East Resources Acquisition Co Total Assets Chart

East Resources Acquisition Co Annual Data
Trend Dec20 Dec21 Dec22
Total Assets
345.85 345.99 99.37

East Resources Acquisition Co Quarterly Data
May20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 345.78 345.63 100.24 99.37 29.62
ERESW
21GF Score
East Resources Acquisition Co ERESW
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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East Resources Acquisition Co 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.

East Resources Acquisition Co'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 )
=80.594+18.781
=99.38

East Resources Acquisition Co'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 )
=9.818+19.801
=29.62

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $29.62 Mil mean?
East Resources Acquisition Co (ERESW) has a Total Assets of $29.62 Mil as of Mar. 2023. The total amount of assets as recorded on a company's balance sheet. View historical data on East Resources Acquisition Co and its competitors.
Is East Resources Acquisition Co's Total Assets too high?
East Resources Acquisition Co's current Total Assets is $29.62 Mil. Overall, East Resources Acquisition Co has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does East Resources Acquisition Co's Total Assets compare to PSPC and IVCB?
East Resources Acquisition Co's Total Assets of $29.62 Mil can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Diversified Financial Services company?
A good Total Assets depends on the Diversified Financial Services industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on East Resources Acquisition Co and its competitors. East Resources Acquisition Co's current Total Assets is $29.62 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is East Resources Acquisition Co stock overvalued right now?
East Resources Acquisition Co (ERESW) has a current Total Assets of $29.62 Mil. The current Total Assets is $29.62 Mil. East Resources Acquisition Co's overall GF Score™ is 21/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For East Resources Acquisition Co (ERESW), the current Total Assets is $29.62 Mil as of Mar. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

East Resources Acquisition Co Business Description

Address 7777 NW Beacon Square Boulevard, Boca Raton, FL, USA, 33487
East Resources Acquisition Co is a blank check company.
21GF Score

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Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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