CC Neuberger Principal Holdings III (CC Neuberger Principal Holdings III) Total Assets : $48.68 Mil (As of Jun. 2023)

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What is CC Neuberger Principal Holdings III Total Assets?

CC Neuberger Principal Holdings III's Total Assets for the quarter that ended in Jun. 2023 was $48.68 Mil.

During the past 12 months, CC Neuberger Principal Holdings III's average Total Assets Growth Rate was -87.90% per year.

Total Assets is connected with ROA %. CC Neuberger Principal Holdings III's annualized ROA % for the quarter that ended in Jun. 2023 was 3.53%. Total Assets is also linked to Revenue through Asset Turnover. CC Neuberger Principal Holdings III's Asset Turnover for the quarter that ended in Jun. 2023 was 0.00.

CC Neuberger Principal Holdings III Total Assets Historical Data

The historical data trend for CC Neuberger Principal Holdings III'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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CC Neuberger Principal Holdings III Total Assets Chart

CC Neuberger Principal Holdings III Annual Data

Trend

Dec20

Dec21

Dec22

Total Assets

0.09

404.39

408.99

CC Neuberger Principal Holdings III Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Total Assets	Get a 7-Day Free Trial					404.18	405.78	408.99	47.96	48.68

CC Neuberger Principal Holdings III 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.

CC Neuberger Principal Holdings III'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 )
	=	392.315	+	16.672
	=	408.99

CC Neuberger Principal Holdings III's Total Assets for the quarter that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2023 )	+	Total Liabilities (Q: Jun. 2023 )
	=	25.156	+	23.519
	=	48.68

CC Neuberger Principal Holdings III (NYSE:PRPC.U) Total Assets Explanation

Total Assets is connected with ROA %.

CC Neuberger Principal Holdings III's annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %	=	Net Income (Q: Jun. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
	=	1.704	/	( (47.964	+	48.675)	/ 2 )
	=	1.704	/	48.3195
	=	3.53 %

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

CC Neuberger Principal Holdings III's Asset Turnover for the quarter that ended in Jun. 2023 is

	Asset Turnover
=	Revenue (Q: Jun. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
=	0	/	( (47.964	+	48.675)	/ 2 )
=	0	/	48.3195
=	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.

CC Neuberger Principal Holdings III Total Assets Related Terms

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CC Neuberger Principal Holdings III (CC Neuberger Principal Holdings III) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » CC Neuberger Principal Holdings III (NYSE:PRPC.U) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

200 Park Avenue, 58th Floor, New York, NY, USA, 10166

Website

https://www.ccnbprincipal.com

CC Neuberger Principal Holdings III is a blank check company.

Executives

Matthew Mannelly	director	C/O SPARTANNASH, 850 76TH SW, GRAND RAPIDS MI 49518
Hackney Jesse Joel Jr	director	2355 WAUKEGAN ROAD, BANNOCKBURN IL 60015
Chinh Chu	director, officer: Chief Executive Officer	THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Jason K Giordano	officer: EVP, Corporate Development	345 PARK AVENUE, 31ST FLOOR, NEW YORK NY 10154
Matthew Skurbe	officer: Chief Financial Officer	C/O CC NEUBERGER PRINCIPAL HOLDINGS II, 200 PARK AVE, 58TH FLOOR, NEW YORK NY 10166
Keith W Abell	director	388 GREENWICH STREET 36TH FLOOR, NEW YORK NY 10013
Douglas Newton	officer: EVP, Corporate Development	1701 VILLAGE CENTER CIRCLE, LAS VEGAS NV 89134
Charles Kantor	director	C/O NEUBERGER BERMAN, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104
Cc Neuberger Principal Holdings Iii Sponsor Llc	director, 10 percent owner	C/O CC CAPITAL, 200 PARK AVENUE, 58TH FLOOR, NEW YORK NY 10166

CC Neuberger Principal Holdings III (CC Neuberger Principal Holdings III) Headlines

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