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PMGMU (Priveterra Acquisition II) Total Assets : $21.05 Mil (As of Sep. 2023)


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What is Priveterra Acquisition II Total Assets?

Priveterra Acquisition II's Total Assets for the quarter that ended in Sep. 2023 was $21.05 Mil.

During the past 12 months, Priveterra Acquisition II's average Total Assets Growth Rate was -92.50% per year.

Total Assets is connected with ROA %. Priveterra Acquisition II's annualized ROA % for the quarter that ended in Sep. 2023 was -27.56%. Total Assets is also linked to Revenue through Asset Turnover. Priveterra Acquisition II's Asset Turnover for the quarter that ended in Sep. 2023 was 0.00.


Priveterra Acquisition II Total Assets Historical Data

The historical data trend for Priveterra 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.

* Premium members only.

Priveterra Acquisition II Total Assets Chart

Priveterra Acquisition II Annual Data
Trend Dec20 Dec21 Dec22
Total Assets
0.19 279.26 30.36

Priveterra Acquisition II Quarterly Data
Aug20 Dec20 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 Premium Member Only Premium Member Only 280.83 30.36 31.04 31.41 21.05

Priveterra 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.

Priveterra Acquisition II'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 )
=13.275+17.087
=30.36

Priveterra Acquisition II'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 )
=6.208+14.838
=21.05

* 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.


Priveterra Acquisition II  (NAS:PMGMU) Total Assets Explanation

Total Assets is connected with ROA %.

Priveterra Acquisition II'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 )
=-7.228/( (31.405+21.046)/ 2 )
=-7.228/26.2255
=-27.56 %

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.

Priveterra Acquisition II'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/( (31.405+21.046)/ 2 )
=0/26.2255
=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.

Priveterra Acquisition II Total Assets Related Terms

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Priveterra Acquisition II Business Description

Traded in Other Exchanges
N/A
Address
501 Madison Avenue, 5th Floor, New York, NY, USA, 10019
Priveterra Acquisition Corp II is a blank check company.
Executives
Cameron Piron director C/O TASTEMAKER ACQUISITION CORP., 1 PARK PLAZA, IRVINE CA 92614
Bill Carpou director C/O TASTEMAKER ACQUISITION CORP., 1 PARK PLAZA, IRVINE CA 92614
Dimitri Azar director C/O TASTEMAKER ACQUISITION CORP., 1 PARK PLAZA, IRVINE CA 92614
Oleg Grodnensky director, 10 percent owner, officer: Chief Executive Officer 300 SE 2ND STREET, SUITE 600, FORT LAUDERDALE FL 33301
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Glazer Capital, Llc 10 percent owner 250 WEST 55TH STREET, SUITE 30A, NEW YORK NY 10019
Paul J Glazer 10 percent owner 250 WEST 55TH ST, SUITE 30A, NEW YORK NY 10019
David Pace director, 10 percent owner, officer: Co-Chief Executive Officer
Richard L Federico director
Andrew R Heyer director 501 MADISON AVENUE, FLOOR 5, NEW YORK NY 10019
Starlette B Johnson director
Carl Andrew Pforzheimer director, 10 percent owner, officer: Co-Chief Executive Officer C/O US FOODS HOLDING CORP., 9399 W. HIGGINS RD., ROSEMONT IL 60018
Christopher Bradley officer: CFO and Secretary 650 5TH AVENUE, FLOOR 10, NEW YORK NY 10019
Tastemaker Sponsor Llc 10 percent owner 650 FIFTH AVENUE, FLOOR 10, NEW YORK NY 10019
Hal Rosser director 650 FIFTH AVENUE, 10TH FLOOR, NEW YORK NY 10019

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