GLAQW (Globis Acquisition) Total Assets: $118.55 Mil (As of Mar. 2022)


GLAQW Globis Acquisition Corp GLAQW
20 GF Score
Price $0.43
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What is Globis Acquisition Total Assets?

Globis Acquisition GLAQW 20 Total Assets is $118.55 Mil as of Mar. 2022. GuruFocus rates GLAQW with a GF Score™ of 20/100.

Globis Acquisition's Total Assets for the quarter that ended in Mar. 2022 was $118.55 Mil.

During the past 12 months, Globis Acquisition's average Total Assets Growth Rate was 0.80% per year.

Total Assets is connected with ROA %. Globis Acquisition's annualized ROA % for the quarter that ended in Mar. 2022 was -3.58%. Total Assets is also linked to Revenue through Asset Turnover. Globis Acquisition's Asset Turnover for the quarter that ended in Mar. 2022 was 0.00.

Globis Acquisition  (NAS:GLAQW) Total Assets Explanation

Total Assets is connected with ROA %.

Globis Acquisition's annualized ROA % for the quarter that ended in Mar. 2022 is

ROA %=Net Income (Q: Mar. 2022 )/( (Total Assets (Q: Dec. 2021 )+Total Assets (Q: Mar. 2022 ))/ count )
=-4.224/( (117.427+118.55)/ 2 )
=-4.224/117.9885
=-3.58 %

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

Globis Acquisition's Asset Turnover for the quarter that ended in Mar. 2022 is

Asset Turnover
=Revenue (Q: Mar. 2022 )/( (Total Assets (Q: Dec. 2021 )+Total Assets (Q: Mar. 2022 ))/ count )
=0/( (117.427+118.55)/ 2 )
=0/117.9885
=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.

Globis Acquisition Total Assets Related Terms

Globis Acquisition Total Assets Historical Data

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The historical data trend for Globis 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.

Globis Acquisition Total Assets Chart

Globis Acquisition Annual Data
Trend Dec20 Dec21
Total Assets
116.64 117.43

Globis Acquisition Quarterly Data
Aug20 Mar21 Jun21 Sep21 Dec21 Mar22
Total Assets Get a 7-Day Free Trial 116.47 116.67 116.32 117.43 118.55
GLAQW
20GF Score
Globis Acquisition Corp GLAQW
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Globis 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.

Globis Acquisition's Total Assets for the fiscal year that ended in Dec. 2021 is calculated as

Total Assets=Total Equity (A: Dec. 2021 )+Total Liabilities (A: Dec. 2021 )
=113.899+3.528
=117.43

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

Total Assets=Total Equity (Q: Mar. 2022 )+Total Liabilities (Q: Mar. 2022 )
=112.843+5.707
=118.55

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $118.55 Mil mean?
Globis Acquisition (GLAQW) has a Total Assets of $118.55 Mil as of Mar. 2022. The total amount of assets as recorded on a company's balance sheet. View historical data on Globis Acquisition and its competitors.
Is Globis Acquisition's Total Assets too high?
Globis Acquisition's current Total Assets is $118.55 Mil. Overall, Globis Acquisition has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Globis Acquisition's Total Assets compare to NUBI and CHWA?
Globis Acquisition's Total Assets of $118.55 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 Globis Acquisition and its competitors. Globis Acquisition's current Total Assets is $118.55 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Globis Acquisition stock overvalued right now?
Globis Acquisition (GLAQW) has a current Total Assets of $118.55 Mil. The current Total Assets is $118.55 Mil. Globis Acquisition's overall GF Score™ is 20/100. 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 Globis Acquisition (GLAQW), the current Total Assets is $118.55 Mil as of Mar. 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.

Globis Acquisition Business Description

Address 7100 W. Camino Real, Suite 302-48, Boca Raton, FL, USA, 33433
Globis Acquisition Corp is a blank check company.
20GF 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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