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LCYAW (Landcadia Holdings III) Total Assets : $500.66 Mil (As of Mar. 2021)


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What is Landcadia Holdings III Total Assets?

Landcadia Holdings III's Total Assets for the quarter that ended in Mar. 2021 was $500.66 Mil.

Total Assets is connected with ROA %. Landcadia Holdings III's annualized ROA % for the quarter that ended in Mar. 2021 was 2.14%. Total Assets is also linked to Revenue through Asset Turnover. Landcadia Holdings III's Asset Turnover for the quarter that ended in Mar. 2021 was 0.00.


Landcadia Holdings III Total Assets Historical Data

The historical data trend for Landcadia Holdings III'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.

Landcadia Holdings III Total Assets Chart

Landcadia Holdings III Annual Data
Trend Dec18 Dec19 Dec20
Total Assets
- - 501.20

Landcadia Holdings III Semi-Annual Data
Sep19 Dec19 Mar20 Jun20 Aug20 Sep20 Dec20 Mar21
Total Assets Get a 7-Day Free Trial - - 0.38 501.20 500.66

Landcadia Holdings III 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.

Landcadia Holdings III's Total Assets for the fiscal year that ended in Dec. 2020 is calculated as

Total Assets=Total Equity (A: Dec. 2020 )+Total Liabilities (A: Dec. 2020 )
=427.854+73.347
=501.20

Landcadia Holdings III's Total Assets for the quarter that ended in Mar. 2021 is calculated as

Total Assets=Total Equity (Q: Mar. 2021 )+Total Liabilities (Q: Mar. 2021 )
=438.574+62.082
=500.66

* 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.


Landcadia Holdings III  (NAS:LCYAW) Total Assets Explanation

Total Assets is connected with ROA %.

Landcadia Holdings III's annualized ROA % for the quarter that ended in Mar. 2021 is

ROA %=Net Income (Q: Mar. 2021 )/( (Total Assets (Q: Dec. 2020 )+Total Assets (Q: Mar. 2021 ))/ count )
=10.72/( (501.202+500.657)/ 2 )
=10.72/500.9295
=2.14 %

Note: The Net Income data used here is one times the annual (Mar. 2021) 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.

Landcadia Holdings III's Asset Turnover for the quarter that ended in Mar. 2021 is

Asset Turnover
=Revenue (Q: Mar. 2021 )/( (Total Assets (Q: Dec. 2020 )+Total Assets (Q: Mar. 2021 ))/ count )
=0/( (501.202+500.657)/ 2 )
=0/500.9295
=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.

Landcadia Holdings III Total Assets Related Terms

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Landcadia Holdings III Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
1510 West Loop South, Houston, TX, USA, 77027
Website
Landcadia Holdings III Inc is a blank check company.

Landcadia Holdings III Headlines

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