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FirstMark Horizon Acquisition (FirstMark Horizon Acquisition) Total Assets : $0.04 Mil (As of Aug. 2020)


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What is FirstMark Horizon Acquisition Total Assets?

FirstMark Horizon Acquisition's Total Assets for the quarter that ended in Aug. 2020 was $0.04 Mil.

Total Assets is connected with ROA %. FirstMark Horizon Acquisition's annualized ROA % for the quarter that ended in Aug. 2020 was %. Total Assets is also linked to Revenue through Asset Turnover. FirstMark Horizon Acquisition's Asset Turnover for the quarter that ended in Aug. 2020 was .


FirstMark Horizon Acquisition Total Assets Historical Data

The historical data trend for FirstMark Horizon 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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FirstMark Horizon Acquisition Total Assets Chart

FirstMark Horizon Acquisition Annual Data
Trend Dec20
Total Assets
415.69

FirstMark Horizon Acquisition Semi-Annual Data
Aug20
Total Assets 0.04

FirstMark Horizon 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.

FirstMark Horizon Acquisition's Total Assets for the fiscal year that ended in . 20 is calculated as

Total Assets=Total Equity (A: . 20 )+Total Liabilities (A: . 20 )
=N/A+N/A
=N/A

FirstMark Horizon Acquisition's Total Assets for the quarter that ended in Aug. 2020 is calculated as

Total Assets=Total Equity (Q: Aug. 2020 )+Total Liabilities (Q: Aug. 2020 )
=0.021+0.018
=0.04

* 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.


FirstMark Horizon Acquisition  (NYSE:FMAC) Total Assets Explanation

Total Assets is connected with ROA %.

FirstMark Horizon Acquisition's annualized ROA % for the quarter that ended in Aug. 2020 is

ROA %=Net Income (Q: Aug. 2020 )/( (Total Assets (Q: . 20 )+Total Assets (Q: Aug. 2020 ))/ count )
=/( (+)/ )
=/
= %

Note: The Net Income data used here is one times the annual (Aug. 2020) 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.

FirstMark Horizon Acquisition's Asset Turnover for the quarter that ended in Aug. 2020 is

Asset Turnover
=Revenue (Q: Aug. 2020 )/( (Total Assets (Q: . 20 )+Total Assets (Q: Aug. 2020 ))/ count )
=/( (+)/ )
=/
=

* 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.

FirstMark Horizon Acquisition Total Assets Related Terms

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FirstMark Horizon Acquisition (FirstMark Horizon Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
100 5th Avenue, 3rd Floor, New York, NY, USA, 10011
FirstMark Horizon Acquisition Corp is a blank check company.
Executives
Luis A Ubinas director 209 REDWOOD SHORES PARKWAY, REDWOOD CITY CA 94065-1175
Jason Robins director 222 BERKELEY STREET, FLOOR 5, BOSTON MA 02116
Frederick Ball director C/O MARKETO, INC., 901 MARINER'S ISLAND BLVD., SUITE 500, SAN MATEO CA 94404
Richard R Heitzmann director, officer: CEO 500 NYALA FARM ROAD, WESTPORT CT 06880
Amish A Jani director, officer: President
Firstmark Horizon Sponsor Llc director, 10 percent owner 100 5TH AVE, 3RD FLOOR, NEW YORK NY 10011
Allison Goldberg director C/O FIRSTMARK HORIZON ACQUISITION CORP., 100 5TH AVE, 3RD FLOOR, NEW YORK NY 10011
Daniel Gaisin officer: Chief Financial Officer C/O FIRSTMARK HORIZON ACQUISITION CORP., 100 5TH AVE, 3RD FLOOR, NEW YORK NY 10011
Eric D. Cheung officer: Secretary C/O FIRSTMARK HORIZON ACQUISITION CORP., 100 5TH AVE, 3RD FLOOR, NEW YORK NY 10011