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NGCAW (NextGen Acquisition II) Total Assets : $383.40 Mil (As of Sep. 2021)


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What is NextGen Acquisition II Total Assets?

NextGen Acquisition II's Total Assets for the quarter that ended in Sep. 2021 was $383.40 Mil.

Total Assets is connected with ROA %. NextGen Acquisition II's annualized ROA % for the quarter that ended in Sep. 2021 was 2.93%. Total Assets is also linked to Revenue through Asset Turnover. NextGen Acquisition II's Asset Turnover for the quarter that ended in Sep. 2021 was 0.00.


NextGen Acquisition II Total Assets Historical Data

The historical data trend for NextGen Acquisition II'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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NextGen Acquisition II Total Assets Chart

NextGen Acquisition II Annual Data
Trend
Total Assets

NextGen Acquisition II Semi-Annual Data
Jan21 Mar21 Jun21 Sep21
Total Assets 0.10 352.24 383.96 383.40

NextGen Acquisition II 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.

NextGen Acquisition II's Total Assets for the fiscal year that ended in . 20 is calculated as

Total Assets=Total Equity (A: . 20 )+Total Liabilities (A: . 20 )
=N/A+N/A
=N/A

NextGen Acquisition II'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 )
=344.626+38.774
=383.40

* 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.


NextGen Acquisition II  (NAS:NGCAW) Total Assets Explanation

Total Assets is connected with ROA %.

NextGen Acquisition II'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 )
=11.254/( (383.961+383.4)/ 2 )
=11.254/383.6805
=2.93 %

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.

NextGen Acquisition II'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/( (383.961+383.4)/ 2 )
=0/383.6805
=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.

NextGen Acquisition II Total Assets Related Terms

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NextGen Acquisition II Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
2255 Glades Road, Suite 324A, Boca Raton, FL, USA, 33431
NextGen Acquisition Corp II is a blank check company.

NextGen Acquisition II Headlines

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