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Mountain Crest Acquisition IV (Mountain Crest Acquisition IV) Total Assets : $16.64 Mil (As of Sep. 2023)


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What is Mountain Crest Acquisition IV Total Assets?

Mountain Crest Acquisition IV's Total Assets for the quarter that ended in Sep. 2023 was $16.64 Mil.

During the past 12 months, Mountain Crest Acquisition IV's average Total Assets Growth Rate was -71.60% per year.

Total Assets is connected with ROA %. Mountain Crest Acquisition IV's annualized ROA % for the quarter that ended in Sep. 2023 was -0.19%. Total Assets is also linked to Revenue through Asset Turnover. Mountain Crest Acquisition IV's Asset Turnover for the quarter that ended in Sep. 2023 was 0.00.

Mountain Crest Acquisition IV Total Assets Historical Data

The historical data trend for Mountain Crest Acquisition IV'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.

Mountain Crest Acquisition IV Total Assets Chart

Mountain Crest Acquisition IV Annual Data
Trend Dec21 Dec22
Total Assets
57.92 34.29

Mountain Crest Acquisition IV Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 57.90 34.29 34.91 16.53 16.64

Mountain Crest Acquisition IV 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.

Mountain Crest Acquisition IV's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets=Total Equity (A: Dec. 2022 )+Total Liabilities (A: Dec. 2022 )
=31.169+3.117
=34.29

Mountain Crest Acquisition IV's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets=Total Equity (Q: Sep. 2023 )+Total Liabilities (Q: Sep. 2023 )
=12.096+4.544
=16.64

* 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.

Mountain Crest Acquisition IV  (NAS:MCAF) Total Assets Explanation

Total Assets is connected with ROA %.

Mountain Crest Acquisition IV's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %=Net Income (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=-0.032/( (16.53+16.64)/ 2 )
=-0.032/16.585
=-0.19 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) 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.

Mountain Crest Acquisition IV's Asset Turnover for the quarter that ended in Sep. 2023 is

Asset Turnover
=Revenue (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=0/( (16.53+16.64)/ 2 )
=0/16.585
=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.

Mountain Crest Acquisition IV Total Assets Related Terms

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Mountain Crest Acquisition IV (Mountain Crest Acquisition IV) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Mountain Crest Acquisition Corp IV (NAS:MCAF) » Definitions » Total Assets
Comparable Companies
MCAG ELLH WBQNL AVHI GSD JGGC ADRT CPBI FATP CLAY PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
311 West 43rd Street, 12th Floor, New York, NY, USA, 10036
Website
https://www.mcacquisition.com
Mountain Crest Acquisition Corp IV is a blank check company.
Executives
Hudson Bay Capital Management Lp 10 percent owner 28 HAVEMEYER PLACE, 2ND FLOOR, GREENWICH CT 06830
Sander Gerber 10 percent owner C/O HUDSON BAY CAPITAL MANAGEMENT, L.P., 28 HAVEMEYER PLACE, 2ND FLOOR, GREENWICH CT 06830
Nelson Haight director 4400 POST OAK PARKWAY, SUITE 1900, HOUSTON TX 77027
Suying Liu director, 10 percent owner, officer: CEO and CFO 311 WEST 43RD STREET, 12TH FLOOR, NEW YORK NY 10036
Todd T. Milbourn director C/O OPPENHEIMER & CO., INC., 85 BROAD STREET, 24TH FLOOR, NEW YORK NY 10004
Mountain Crest Holdings Iv Llc 10 percent owner 311 WEST 43RD STREET, 12TH FLOOR, NEW YORK NY 10036
Wenhua Zhang director 311 WEST 43RD STREET, 12TH FLOOR, NEW YORK NY 10036