GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Plutonian Acquisition Corp (NAS:PLTN) » Definitions » Total Assets

Plutonian Acquisition (Plutonian Acquisition) Total Assets : $35.74 Mil (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Plutonian Acquisition Total Assets?

Plutonian Acquisition's Total Assets for the quarter that ended in Mar. 2024 was $35.74 Mil.

During the past 12 months, Plutonian Acquisition's average Total Assets Growth Rate was -40.10% per year.

Total Assets is connected with ROA %. Plutonian Acquisition's annualized ROA % for the quarter that ended in Mar. 2024 was -4.41%. Total Assets is also linked to Revenue through Asset Turnover. Plutonian Acquisition's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

Plutonian Acquisition Total Assets Historical Data

The historical data trend for Plutonian 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.

Plutonian Acquisition Total Assets Chart

Plutonian Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Total Assets
0.01 59.31 35.48

Plutonian Acquisition Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 59.71 60.43 35.02 35.48 35.74

Plutonian 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.

Plutonian 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 )
=31.446+4.029
=35.48

Plutonian Acquisition'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 )
=31.053+4.69
=35.74

* 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.

Plutonian Acquisition  (NAS:PLTN) Total Assets Explanation

Total Assets is connected with ROA %.

Plutonian Acquisition'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 )
=-1.572/( (35.475+35.743)/ 2 )
=-1.572/35.609
=-4.41 %

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.

Plutonian Acquisition'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/( (35.475+35.743)/ 2 )
=0/35.609
=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.

Plutonian Acquisition Total Assets Related Terms

Thank you for viewing the detailed overview of Plutonian Acquisition's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Plutonian Acquisition (Plutonian Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Plutonian Acquisition Corp (NAS:PLTN) » Definitions » Total Assets
Comparable Companies
ENCP VSAC PEPL QOMO CLRC DMAQ ARIZ KACL SMAP DUNE PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
1441 Broadway, 3rd, 5th and 6th Floors, New York, NY, USA, 10018
Website
Plutonian Acquisition Corp is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities.
Executives
Weikwang Ng director, officer: Chief Executive Officer 1115 BROADWAY, 12TH FLOOR, NEW YORK NY 10010
Ke Wang director, officer: Chief Financial Officer 1441 BROADWAY, 3RD, 5TH & 6TH FLOORS, NEW YORK NY 10018
Robert M. Annis director 1441 BROADWAY, 3RD, 5TH & 6TH FLOORS, NEW YORK NY 10018
Sze Wai Lee director 1441 BROADWAY, 3RD, 5TH & 6TH FLOORS, NEW YORK NY 10018
Plutonian Investments Llc 10 percent owner 1441 BROADWAY, 3RD, 5TH & 6TH FLOORS, NEW YORK NY 10018
Harry Harnett director 1441 BROADWAY, 3RD, 5TH & 6TH FLOORS, NEW YORK NY 10018