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Project Energy Reimagined Acquisition (Project Energy Reimagined Acquisition) Total Assets : $133.50 Mil (As of Dec. 2023)


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What is Project Energy Reimagined Acquisition Total Assets?

Project Energy Reimagined Acquisition's Total Assets for the quarter that ended in Dec. 2023 was $133.50 Mil.

During the past 12 months, Project Energy Reimagined Acquisition's average Total Assets Growth Rate was -50.20% per year.

Total Assets is connected with ROA %. Project Energy Reimagined Acquisition's annualized ROA % for the quarter that ended in Dec. 2023 was 4.12%. Total Assets is also linked to Revenue through Asset Turnover. Project Energy Reimagined Acquisition's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.


Project Energy Reimagined Acquisition Total Assets Historical Data

The historical data trend for Project Energy Reimagined 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.

* Premium members only.

Project Energy Reimagined Acquisition Total Assets Chart

Project Energy Reimagined Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Total Assets
265.88 268.22 133.50

Project Energy Reimagined Acquisition Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 268.22 270.70 273.64 131.92 133.50

Project Energy Reimagined 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.

Project Energy Reimagined Acquisition's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=110.512+22.991
=133.50

Project Energy Reimagined Acquisition's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (Q: Dec. 2023 )+Total Liabilities (Q: Dec. 2023 )
=110.512+22.991
=133.50

* 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.


Project Energy Reimagined Acquisition  (NAS:PEGRU) Total Assets Explanation

Total Assets is connected with ROA %.

Project Energy Reimagined Acquisition's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=5.468/( (131.924+133.503)/ 2 )
=5.468/132.7135
=4.12 %

Note: The Net Income data used here is four times the quarterly (Dec. 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.

Project Energy Reimagined Acquisition's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=0/( (131.924+133.503)/ 2 )
=0/132.7135
=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.

Project Energy Reimagined Acquisition Total Assets Related Terms

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Project Energy Reimagined Acquisition (Project Energy Reimagined Acquisition) Business Description

Traded in Other Exchanges
Address
1285 Camino Real, Suite 200, Menlo Park, CA, USA, 94025
Project Energy Reimagined Acquisition Corp is a blank check company.