EVOJW (Evo Acquisition) Total Assets: $10.31 Mil (As of Dec. 2022)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

EVOJW Evo Acquisition Corp EVOJW
22 GF Score
Price $0.00
! 2 Warning Signs
View Full Analysis

What is Evo Acquisition Total Assets?

Evo Acquisition EVOJW 22 Total Assets is $10.31 Mil as of Dec. 2022. GuruFocus rates EVOJW with a GF Score™ of 22/100. The stock has 2 warning signs investors should review.

Evo Acquisition's Total Assets for the quarter that ended in Dec. 2022 was $10.31 Mil.

During the past 12 months, Evo Acquisition's average Total Assets Growth Rate was -92.20% per year.

Total Assets is connected with ROA %. Evo Acquisition's annualized ROA % for the quarter that ended in Dec. 2022 was -1.34%. Total Assets is also linked to Revenue through Asset Turnover. Evo Acquisition's Asset Turnover for the quarter that ended in Dec. 2022 was 0.00.

Evo Acquisition  (NAS:EVOJW) Total Assets Explanation

Total Assets is connected with ROA %.

Evo Acquisition's annualized ROA % for the quarter that ended in Dec. 2022 is

ROA %=Net Income (Q: Dec. 2022 )/( (Total Assets (Q: Sep. 2022 )+Total Assets (Q: Dec. 2022 ))/ count )
=-0.916/( (125.995+10.31)/ 2 )
=-0.916/68.1525
=-1.34 %

Note: The Net Income data used here is four times the quarterly (Dec. 2022) 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.

Evo Acquisition's Asset Turnover for the quarter that ended in Dec. 2022 is

Asset Turnover
=Revenue (Q: Dec. 2022 )/( (Total Assets (Q: Sep. 2022 )+Total Assets (Q: Dec. 2022 ))/ count )
=0/( (125.995+10.31)/ 2 )
=0/68.1525
=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.

Evo Acquisition Total Assets Related Terms

Evo Acquisition Total Assets Historical Data

* Premium members only.

The historical data trend for Evo 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.

Evo Acquisition Total Assets Chart

Evo Acquisition Annual Data
Trend Dec20 Dec21 Dec22
Total Assets
0.14 125.44 10.31

Evo Acquisition Quarterly Data
Nov20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Total Assets Get a 7-Day Free Trial Premium Member Only 125.44 125.10 125.56 126.00 10.31
EVOJW
22GF Score
Evo Acquisition Corp EVOJW
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Evo 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.

Evo Acquisition'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 )
=3.543+6.767
=10.31

Evo Acquisition's Total Assets for the quarter that ended in Dec. 2022 is calculated as

Total Assets=Total Equity (Q: Dec. 2022 )+Total Liabilities (Q: Dec. 2022 )
=3.543+6.767
=10.31

* 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 $10.31 Mil mean?
Evo Acquisition (EVOJW) has a Total Assets of $10.31 Mil as of Dec. 2022. The total amount of assets as recorded on a company's balance sheet. View historical data on Evo Acquisition and its competitors.
Is Evo Acquisition's Total Assets too high?
Evo Acquisition's current Total Assets is $10.31 Mil. Overall, Evo Acquisition has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Evo Acquisition's Total Assets compare to DKDCA and KWAC?
Evo Acquisition's Total Assets of $10.31 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 Evo Acquisition and its competitors. Evo Acquisition's current Total Assets is $10.31 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evo Acquisition stock overvalued right now?
Evo Acquisition (EVOJW) has a current Total Assets of $10.31 Mil. The current Total Assets is $10.31 Mil. Evo Acquisition's overall GF Score™ is 22/100 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 Evo Acquisition (EVOJW), the current Total Assets is $10.31 Mil as of Dec. 2022. 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.

Evo Acquisition Business Description

Address 10 Stateline Road, Crystal Bay, NV, USA, 89402
Evo Acquisition Corp is a blank check company formed for the purpose of effecting an initial business combination.
22GF Score

Get the complete analysis for EVOJW

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

$0.00
Price