Iron Spark I (Iron Spark I) Total Assets : $169.74 Mil (As of Sep. 2022)

View and export this data going back to 2021. Start your Free Trial

What is Iron Spark I Total Assets?

Iron Spark I's Total Assets for the quarter that ended in Sep. 2022 was $169.74 Mil.

Total Assets is connected with ROA %. Iron Spark I's annualized ROA % for the quarter that ended in Sep. 2022 was -1.19%. Total Assets is also linked to Revenue through Asset Turnover. Iron Spark I's Asset Turnover for the quarter that ended in Sep. 2022 was 0.00.

Iron Spark I Total Assets Historical Data

The historical data trend for Iron Spark I'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.

* Premium members only.

Iron Spark I Total Assets Chart

Iron Spark I Annual Data

Trend

Dec21

Total Assets

172.70

Iron Spark I Quarterly Data
	Jan21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Total Assets	Get a 7-Day Free Trial			173.79	172.70	171.64	170.57	169.74

Iron Spark I 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.

Iron Spark I'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 )
	=	166.412	+	6.292
	=	172.70

Iron Spark I'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 )
	=	153.85	+	15.888
	=	169.74

Iron Spark I (NAS:ISAA) Total Assets Explanation

Total Assets is connected with ROA %.

Iron Spark I'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 )
	=	-2.028	/	( (170.568	+	169.738)	/ 2 )
	=	-2.028	/	170.153
	=	-1.19 %

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.

Iron Spark I'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	/	( (170.568	+	169.738)	/ 2 )
=	0	/	170.153
=	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.

Iron Spark I Total Assets Related Terms

Thank you for viewing the detailed overview of Iron Spark I's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Iron Spark I (Iron Spark I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Iron Spark I Inc (NAS:ISAA) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

125 N Cache Street, 2nd Floor, Box 3789, Jackson, WY, USA, 83001

Website

https://www.ironspark.com

Iron Spark I Inc is a blank check company. It is formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

Executives

Jay Margolis	director	C/O BAIN CAPITAL CREDIT, LP, 200 CLARENDON STREET, BOSTON MA 02116
Trevor A Edwards	director	2080 NW 133RD PLACE, PORTLAND OR 97229
Amy S Butte	director	C/O L CATTERTON MANAGEMENT, 599 WEST PUTNAM AVENUE, GREENWICH CT 06830
Joshua L Spear	director, 10 percent owner, officer: CEO	125 N CACHE STREET, JACKSON WY 83001
Alexander P Oxman	10 percent owner, officer: CFO and COO	125 N CACHE STREET, JACKSON WY 83001
Ruma Bose	director	125 N CACHE STREET, JACKSON WY 83001
Iron Spark I Llc	10 percent owner	125 N CACHE STREET, JACKSON WY 83001