MCMJW (Merida Merger I) Total Assets: $130.54 Mil (As of Sep. 2021)

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What is Merida Merger I Total Assets?

Merida Merger I MCMJW Total Assets is $130.54 Mil as of Sep. 2021. The stock has 1 warning sign investors should review.

Merida Merger I's Total Assets for the quarter that ended in Sep. 2021 was $130.54 Mil.

During the past 12 months, Merida Merger I's average Total Assets Growth Rate was -0.30% per year.

Total Assets is connected with ROA %. Merida Merger I's annualized ROA % for the quarter that ended in Sep. 2021 was -2.21%. Total Assets is also linked to Revenue through Asset Turnover. Merida Merger I's Asset Turnover for the quarter that ended in Sep. 2021 was 0.00.

Merida Merger I  (NAS:MCMJW) Total Assets Explanation

Total Assets is connected with ROA %.

Merida Merger I's annualized ROA % for the quarter that ended in Sep. 2021 is

ROA %=Net Income (Q: Sep. 2021 )/( (Total Assets (Q: Jun. 2021 )+Total Assets (Q: Sep. 2021 ))/ count )
=-2.888/( (130.932+130.537)/ 2 )
=-2.888/130.7345
=-2.21 %

Note: The Net Income data used here is one times the annual (Sep. 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.

Merida Merger I's Asset Turnover for the quarter that ended in Sep. 2021 is

Asset Turnover
=Revenue (Q: Sep. 2021 )/( (Total Assets (Q: Jun. 2021 )+Total Assets (Q: Sep. 2021 ))/ count )
=0/( (130.932+130.537)/ 2 )
=0/130.7345
=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.

Merida Merger I Total Assets Related Terms

Merida Merger I Total Assets Historical Data

* Premium members only.

The historical data trend for Merida Merger 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.

Merida Merger I Total Assets Chart

Merida Merger I Annual Data
Trend Dec19 Dec20
Total Assets
130.85 130.95

Merida Merger I Semi-Annual Data
Jul19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 131.03 130.95 130.74 130.93 130.54

Merida Merger 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.

Merida Merger I'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 )
=126.831+4.121
=130.95

Merida Merger I's Total Assets for the quarter that ended in Sep. 2021 is calculated as

Total Assets=Total Equity (Q: Sep. 2021 )+Total Liabilities (Q: Sep. 2021 )
=122.627+7.911
=130.54

* 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 $130.54 Mil mean?
Merida Merger I (MCMJW) has a Total Assets of $130.54 Mil as of Sep. 2021. The total amount of assets as recorded on a company's balance sheet. View historical data on Merida Merger I and its competitors.
Is Merida Merger I's Total Assets too high?
Merida Merger I's current Total Assets is $130.54 Mil.
How does Merida Merger I's Total Assets compare to ?
Merida Merger I's Total Assets of $130.54 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 Merida Merger I and its competitors. Merida Merger I's current Total Assets is $130.54 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merida Merger I stock overvalued right now?
Merida Merger I (MCMJW) has a current Total Assets of $130.54 Mil. The current Total Assets is $130.54 Mil. 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 Merida Merger I (MCMJW), the current Total Assets is $130.54 Mil as of Sep. 2021. 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.

Merida Merger I Business Description

Comparable Companies
Address 641 Lexington Avenue, 18th Floor, New York, NY, USA, 10022
Merida Merger Corp I is a blank check company.