NAACU (North Atlantic Acquisition) Total Assets : $382.61 Mil (As of Sep. 2022)

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What is North Atlantic Acquisition Total Assets?

North Atlantic Acquisition's Total Assets for the quarter that ended in Sep. 2022 was $382.61 Mil.

During the past 12 months, North Atlantic Acquisition's average Total Assets Growth Rate was 0.50% per year.

Total Assets is connected with ROA %. North Atlantic Acquisition's annualized ROA % for the quarter that ended in Sep. 2022 was 3.32%. Total Assets is also linked to Revenue through Asset Turnover. North Atlantic Acquisition's Asset Turnover for the quarter that ended in Sep. 2022 was 0.00.

North Atlantic Acquisition Total Assets Historical Data

The historical data trend for North Atlantic Acquisition'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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North Atlantic Acquisition Total Assets Chart

North Atlantic Acquisition Annual Data

Trend

Dec20

Dec21

Total Assets

0.38

381.59

North Atlantic Acquisition Quarterly Data
	Oct20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Total Assets	Get a 7-Day Free Trial			381.87	381.59	380.81	381.02	382.61

North Atlantic Acquisition 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.

North Atlantic Acquisition'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 )
	=	349.374	+	32.214
	=	381.59

North Atlantic Acquisition'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 )
	=	365.954	+	16.653
	=	382.61

North Atlantic Acquisition (NAS:NAACU) Total Assets Explanation

Total Assets is connected with ROA %.

North Atlantic Acquisition'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 )
	=	12.668	/	( (381.015	+	382.607)	/ 2 )
	=	12.668	/	381.811
	=	3.32 %

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.

North Atlantic Acquisition'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	/	( (381.015	+	382.607)	/ 2 )
=	0	/	381.811
=	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.

North Atlantic Acquisition Total Assets Related Terms

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North Atlantic Acquisition Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » North Atlantic Acquisition Corp (NAS:NAACU) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

1345 Avenue of the Americas, c/o Ellenoff Grossman & Schole LLP, New York, NY, USA, 10105

Website

https://www.naacq.com

North Atlantic Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

Executives

Tamara Sakovska	director	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Andrew Morgan	director	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Mark Keating	officer: Chief Financial Officer	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Gary Quin	director, officer: Chief Executive Officer	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Dimitri Panayotopoulos	director	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Patrick Joseph Dolan	director	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Naac Sponsor Lp	10 percent owner	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105