Plum Acquisition I (Plum Acquisition I) Total Assets : $36.24 Mil (As of Mar. 2024)

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What is Plum Acquisition I Total Assets?

Plum Acquisition I's Total Assets for the quarter that ended in Mar. 2024 was $36.24 Mil.

During the past 12 months, Plum Acquisition I's average Total Assets Growth Rate was -33.50% per year.

Total Assets is connected with ROA %. Plum Acquisition I's annualized ROA % for the quarter that ended in Mar. 2024 was -46.78%. Total Assets is also linked to Revenue through Asset Turnover. Plum Acquisition I's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

Plum Acquisition I Total Assets Historical Data

The historical data trend for Plum 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.

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Plum Acquisition I Total Assets Chart

Plum Acquisition I Annual Data

Trend

Dec21

Dec22

Dec23

Total Assets

319.73

324.04

35.70

Plum Acquisition I Quarterly Data
	Jan21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial								54.57	57.71	39.59	35.70	36.24

Plum 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.

Plum Acquisition I'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 )
	=	26.322	+	9.379
	=	35.70

Plum Acquisition I's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	22.361	+	13.881
	=	36.24

Plum Acquisition I (NAS:PLMIU) Total Assets Explanation

Total Assets is connected with ROA %.

Plum Acquisition I's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	-16.828	/	( (35.702	+	36.242)	/ 2 )
	=	-16.828	/	35.972
	=	-46.78 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) 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.

Plum Acquisition I's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	0	/	( (35.702	+	36.242)	/ 2 )
=	0	/	35.972
=	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.

Plum Acquisition I Total Assets Related Terms

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Plum Acquisition I (Plum Acquisition I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Plum Acquisition Corp I (NAS:PLMIU) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

PLMI:USA

Address

2021 Fillmore Street, Suite 2089, San Francisco, CA, USA, 94115

Website

https://www.plumpartners.com

Plum Acquisition Corp I is a blank check company.

Executives

Brian Kevin Turner	director	C/O MICROSOFT CORPORATION, ONE MICROSOFT WAY, REDMOND WA 98052-6399
Ursula M Burns	director, 10 percent owner, officer: Executive Chairwoman	200 SE MIZNER BLVD, UNIT 703, BOCA RATON FL 33432
Jennifer Ceran	director	C/O QUOTIENT TECHNOLOGY INC., 400 LOGUE AVE, MOUNTAIN VIEW CA 94043
Lane Bess	director	C/O ZSCALER INC, 110 ROSE ORCHARD WAY, SAN JOSE CA 95134
Kelly Wright	director	C/O TABLEAU SOFTWARE, INC., 837 NORTH 34TH ST., SUITE 200, SEATTLE WA 98103
Alok Sama	director	C/O BLUERIVER ACQUSITION CORP., 250 WEST NOTTINGHAM DRIVE SUITE 400, SAN ANTONIO TX 78209
Plum Partners, Llc	director, 10 percent owner	2021 FILLMORE STREET, SUITE 2089, SAN FRANCISCO CA 94115
Mike John Dinsdale	director, 10 percent owner, officer: See Remarks	C/O PLUM ACQUISITION CORP. I, 339 SEAVIEW AVE, PIEDMONT CA 94610
Kanishka Roy	director, 10 percent owner, officer: President	C/O PLUM ACQUISITION CORP. I, 339 SEAVIEW AVE, PIEDMONT CA 94610
Vinodka Murria	director	C/O PLUM ACQUISITION CORP. I, 339 SEAVIEW AVE, PIEDMONT CA 94610
Clay Whitehead	director, 10 percent owner, officer: Chief Executive Officer	C/O PLUM ACQUISITION CORP. I, 339 SEAVIEW AVE, PIEDMONT CA 94610

Plum Acquisition I (Plum Acquisition I) Headlines

From GuruFocus

GLAZER CAPITAL, LLC Acquires Stake in Plum Acquisition Corp I

By GuruFocus Research • 07-12-2023

Veea, Inc. and Plum Acquisition Corp. I Announce Letter of Intent for a Business Combination

By GlobeNewswire • 11-13-2023