Sonder Holdings (MEX:SOND) Total Assets : MXN29,897 Mil (As of Sep. 2023)

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What is Sonder Holdings Total Assets?

Sonder Holdings's Total Assets for the quarter that ended in Sep. 2023 was MXN29,897 Mil.

During the past 12 months, Sonder Holdings's average Total Assets Growth Rate was 27.60% per year. During the past 3 years, the average Total Assets Growth Rate was 168.80% per year.

During the past 4 years, Sonder Holdings's highest 3-Year average Total Assets Growth Rate was 168.80%. The lowest was 168.80%. And the median was 168.80%.

Total Assets is connected with ROA %. Sonder Holdings's annualized ROA % for the quarter that ended in Sep. 2023 was -15.59%. Total Assets is also linked to Revenue through Asset Turnover. Sonder Holdings's Asset Turnover for the quarter that ended in Sep. 2023 was 0.10.

Sonder Holdings Total Assets Historical Data

The historical data trend for Sonder Holdings'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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Sonder Holdings Total Assets Chart

Sonder Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Total Assets

3,380.84

3,531.25

3,045.90

30,679.14

Sonder Holdings Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Total Assets	Get a 7-Day Free Trial									30,826.88	30,679.14	27,424.32	27,564.97	29,896.70

Sonder Holdings 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.

Sonder Holdings'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 )
	=	-388.887	+	31068.026
	=	30,679

Sonder Holdings'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 )
	=	-3356.412	+	33253.11
	=	29,897

Sonder Holdings (MEX:SOND) Total Assets Explanation

Total Assets is connected with ROA %.

Sonder Holdings'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 )
	=	-4478.468	/	( (27564.974	+	29896.697)	/ 2 )
	=	-4478.468	/	28730.8355
	=	-15.59 %

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.

Sonder Holdings'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 )
=	2802.631	/	( (27564.974	+	29896.697)	/ 2 )
=	2802.631	/	28730.8355
=	0.10

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.

Sonder Holdings Total Assets Related Terms

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Sonder Holdings (MEX:SOND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Sonder Holdings Inc (MEX:SOND) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

SOND:USA

Address

101 15th Street, San Francisco, CA, USA, 94103

Website

https://www.sonder.com

Sonder Holdings Inc is engaged in providing short and long-term accommodations to travelers in various cities across North America, Europe, and the Middle East. The Sonder units in each apartment-style building and each hotel property are selected, designed, and managed directly by the Company. The Company generates revenues by providing short-term or month-to-month accommodations to its guests.