PACI.WS (PROOF Acquisition I) Total Assets: $70.44 Mil (As of Sep. 2023)


PACI.WS PROOF Acquisition Corp I PACI.WS
22 GF Score
Price $0.06
! 1 Warning Sign
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What is PROOF Acquisition I Total Assets?

PROOF Acquisition I PACI.WS -21.29% 22 Total Assets is $70.44 Mil as of Sep. 2023. GuruFocus rates PACI.WS with a GF Score™ of 22/100. The stock has 1 warning sign investors should review.

PROOF Acquisition I's Total Assets for the quarter that ended in Sep. 2023 was $70.44 Mil.

During the past 12 months, PROOF Acquisition I's average Total Assets Growth Rate was -75.30% per year.

Total Assets is connected with ROA %. PROOF Acquisition I's annualized ROA % for the quarter that ended in Sep. 2023 was -8.90%. Total Assets is also linked to Revenue through Asset Turnover. PROOF Acquisition I's Asset Turnover for the quarter that ended in Sep. 2023 was 0.00.

PROOF Acquisition I  (NYSE:PACI.WS) Total Assets Explanation

Total Assets is connected with ROA %.

PROOF Acquisition I'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 )
=-6.292/( (70.909+70.443)/ 2 )
=-6.292/70.676
=-8.90 %

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.

PROOF Acquisition I'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/( (70.909+70.443)/ 2 )
=0/70.676
=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.

PROOF Acquisition I Total Assets Related Terms

PROOF Acquisition I Total Assets Historical Data

* Premium members only.

The historical data trend for PROOF Acquisition 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.

PROOF Acquisition I Total Assets Chart

PROOF Acquisition I Annual Data
Trend Dec21 Dec22
Total Assets
285.09 287.39

PROOF Acquisition I 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 284.38 287.39 289.84 70.91 70.44
PACI.WS
22GF Score
PROOF Acquisition Corp I PACI.WS
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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PROOF Acquisition 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.

PROOF Acquisition I'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 )
=286.486+0.906
=287.39

PROOF Acquisition I'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 )
=64.856+5.587
=70.44

* 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 $70.44 Mil mean?
PROOF Acquisition I (PACI.WS) has a Total Assets of $70.44 Mil as of Sep. 2023. The total amount of assets as recorded on a company's balance sheet. View historical data on PROOF Acquisition I and its competitors.
Is PROOF Acquisition I's Total Assets too high?
PROOF Acquisition I's current Total Assets is $70.44 Mil. Overall, PROOF Acquisition I has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does PROOF Acquisition I's Total Assets compare to TLGY and PLMI?
PROOF Acquisition I's Total Assets of $70.44 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 PROOF Acquisition I and its competitors. PROOF Acquisition I's current Total Assets is $70.44 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PROOF Acquisition I stock overvalued right now?
PROOF Acquisition I (PACI.WS) has a current Total Assets of $70.44 Mil. The current Total Assets is $70.44 Mil. PROOF Acquisition I's overall GF Score™ is 22/100 with 1 warning sign to review. 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 PROOF Acquisition I (PACI.WS), the current Total Assets is $70.44 Mil as of Sep. 2023. 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.

PROOF Acquisition I Business Description

Address 11911 Freedom Drive, Suite 1080, Reston, VA, USA, 20190
PROOF Acquisition Corp I I is a newly-formed blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
22GF Score

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