Inflection Point Acquisition (Inflection Point Acquisition) Total Assets : $332.22 Mil (As of Sep. 2022)

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What is Inflection Point Acquisition Total Assets?

Inflection Point Acquisition's Total Assets for the quarter that ended in Sep. 2022 was $332.22 Mil.

Total Assets is connected with ROA %. Inflection Point Acquisition's annualized ROA % for the quarter that ended in Sep. 2022 was -0.63%. Total Assets is also linked to Revenue through Asset Turnover. Inflection Point Acquisition's Asset Turnover for the quarter that ended in Sep. 2022 was 0.00.

Inflection Point Acquisition Total Assets Historical Data

The historical data trend for Inflection Point 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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Inflection Point Acquisition Total Assets Chart

Inflection Point Acquisition Annual Data

Trend

Dec21

Total Assets

330.92

Inflection Point Acquisition Quarterly Data
	Jan21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Total Assets	Get a 7-Day Free Trial			301.55	330.92	330.67	330.84	332.22

Inflection Point 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.

Inflection Point 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 )
	=	319.156	+	11.761
	=	330.92

Inflection Point Acquisition's Total Assets for the quarter that ended in Sep. 2022 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2022 )	+	Total Liabilities (Q: Sep. 2022 )
	=	318.206	+	14.014
	=	332.22

Inflection Point Acquisition (NAS:IPAX) Total Assets Explanation

Total Assets is connected with ROA %.

Inflection Point Acquisition's annualized ROA % for the quarter that ended in Sep. 2022 is

ROA %	=	Net Income (Q: Sep. 2022 )	/	( (Total Assets (Q: Jun. 2022 )	+	Total Assets (Q: Sep. 2022 ))	/ count )
	=	-2.084	/	( (330.844	+	332.22)	/ 2 )
	=	-2.084	/	331.532
	=	-0.63 %

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

Inflection Point Acquisition's Asset Turnover for the quarter that ended in Sep. 2022 is

	Asset Turnover
=	Revenue (Q: Sep. 2022 )	/	( (Total Assets (Q: Jun. 2022 )	+	Total Assets (Q: Sep. 2022 ))	/ count )
=	0	/	( (330.844	+	332.22)	/ 2 )
=	0	/	331.532
=	0.00

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.

Inflection Point Acquisition Total Assets Related Terms

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Inflection Point Acquisition (Inflection Point Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Inflection Point Acquisition Corp (NAS:IPAX) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

34 East 51st Street, 5th Floor, New York, NY, USA, 10022

Website

https://www.inflectionpointacquisition.com

Inflection Point Acquisition Corp is a blank check company.

Executives

Erin Clift	director	C/O INFLECTION POINT ACQUISITION CORP., 34 EAST 51ST STREET, 5TH FLOOR, NEW YORK NY 10022
Kingstown Capital Partners, Llc	director, other: See Remarks	535 MADISON AVENUE, 30TH FLOOR, NEW YORK NY 10022
Kingstown 1740 Fund L.p.	director, other: See Remarks	34 EAST 51ST STREET, 5TH FLOOR, NEW YORK NY 10022
Guy Shanon	director, 10 percent owner, officer: Co-Chief Executive Officer	1270 BROADWAY, SUITE 1009, NEW YORK NY 10001
Michael Blitzer	director, 10 percent owner, officer: Co-Chief Executive Officer	1270 BROADWAY, SUITE 1009, NEW YORK NY 10001
Kingstown Capital Management L.p.	10 percent owner, other: See Remarks	167 MADISON AVENUE, SUITE 205 #1033, NEW YORK NY 10016
Kingstown Management Gp Llc	10 percent owner, other: See Remarks	1270 BROADWAY, SUITE 1009, NEW YORK NY 10001
Paula Sutter	director	969 BROADWAY, SUITE 200, OAKLAND CA 94607
Inflection Point Holdings Llc	10 percent owner, other: See Remarks	34 EAST 51ST STREET, 5TH FLOOR, NEW YORK NY 10022
Brian Pitz	director, officer: Chief Financial Officer	P.O. BOX 2158, AMTECH CAPITAL PARTNERS LLC, AMAGANSETT NY 11930
Nicholas Shekerdemian	director	201 EAST 21ST STREET, NEW YORK NY 10010