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EURK (Eureka Acquisition) Total Assets : $59.39 Mil (As of Dec. 2024)


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What is Eureka Acquisition Total Assets?

Eureka Acquisition's Total Assets for the quarter that ended in Dec. 2024 was $59.39 Mil.

During the past 12 months, Eureka Acquisition's average Total Assets Growth Rate was 20383.80% per year.

Total Assets is connected with ROA %. Eureka Acquisition's annualized ROA % for the quarter that ended in Dec. 2024 was 3.67%. Total Assets is also linked to Revenue through Asset Turnover. Eureka Acquisition's Asset Turnover for the quarter that ended in Dec. 2024 was 0.00.


Eureka Acquisition Total Assets Historical Data

The historical data trend for Eureka 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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Eureka Acquisition Total Assets Chart

Eureka Acquisition Annual Data
Trend Sep23 Sep24
Total Assets
0.28 58.84

Eureka Acquisition Quarterly Data
Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Total Assets Get a 7-Day Free Trial 0.32 0.35 0.29 58.84 59.39

Eureka 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.

Eureka Acquisition's Total Assets for the fiscal year that ended in Sep. 2024 is calculated as

Total Assets=Total Equity (A: Sep. 2024 )+Total Liabilities (A: Sep. 2024 )
=58.794+0.05
=58.84

Eureka Acquisition's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (Q: Dec. 2024 )+Total Liabilities (Q: Dec. 2024 )
=59.336+0.058
=59.39

* 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.


Eureka Acquisition  (NAS:EURK) Total Assets Explanation

Total Assets is connected with ROA %.

Eureka Acquisition's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=2.168/( (58.844+59.394)/ 2 )
=2.168/59.119
=3.67 %

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

Eureka Acquisition's Asset Turnover for the quarter that ended in Dec. 2024 is

Asset Turnover
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=0/( (58.844+59.394)/ 2 )
=0/59.119
=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.

Eureka Acquisition Total Assets Related Terms

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Eureka Acquisition Business Description

Traded in Other Exchanges
N/A
Address
Fortress Tower, 250 King’s Road, Suite 1608, 16th Floor, North Point, Hong Kong, HKG, 200030
Website
Eureka Acquisition Corp is a newly incorporated blank check company.