SPEC (Spectaire Holdings) Total Assets: $0.81 Mil (As of Jun. 2024)


What is Spectaire Holdings Total Assets?

Spectaire Holdings SPEC Total Assets is $0.81 Mil as of Jun. 2024.

Spectaire Holdings's Total Assets for the quarter that ended in Jun. 2024 was $0.81 Mil.

Total Assets is connected with ROA %. Spectaire Holdings's annualized ROA % for the quarter that ended in Jun. 2024 was 2,088.22%. Total Assets is also linked to Revenue through Asset Turnover. Spectaire Holdings's Asset Turnover for the quarter that ended in Jun. 2024 was 0.00.

Spectaire Holdings  (OTCPK:SPEC) Total Assets Explanation

Total Assets is connected with ROA %.

Spectaire Holdings's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %=Net Income (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=18.084/( (0.923+0.809)/ 2 )
=18.084/0.866
=2,088.22 %

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

Spectaire Holdings's Asset Turnover for the quarter that ended in Jun. 2024 is

Asset Turnover
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=0/( (0.923+0.809)/ 2 )
=0/0.866
=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.

Spectaire Holdings Total Assets Related Terms

Spectaire Holdings Total Assets Historical Data

* Premium members only.

The historical data trend for Spectaire Holdings'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.

Spectaire Holdings Total Assets Chart

Spectaire Holdings Annual Data
Trend Dec21 Dec22 Dec23
Total Assets
0.32 0.06 1.44

Spectaire Holdings Quarterly Data
Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Total Assets Get a 7-Day Free Trial Premium Member Only 0.00 23.17 1.44 0.92 0.81

Spectaire Holdings 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.

Spectaire Holdings'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 )
=-27.192+28.635
=1.44

Spectaire Holdings's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets=Total Equity (Q: Jun. 2024 )+Total Liabilities (Q: Jun. 2024 )
=-21.869+22.678
=0.81

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $0.81 Mil mean?
Spectaire Holdings (SPEC) has a Total Assets of $0.81 Mil as of Jun. 2024. The total amount of assets as recorded on a company's balance sheet. View historical data on Spectaire Holdings and its competitors.
Is Spectaire Holdings' Total Assets too high?
Spectaire Holdings' current Total Assets is $0.81 Mil.
How does Spectaire Holdings' Total Assets compare to VLTO and FSS?
Spectaire Holdings' Total Assets of $0.81 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for an Industrial Products company?
A good Total Assets depends on the Industrial Products industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Spectaire Holdings and its competitors. Spectaire Holdings's current Total Assets is $0.81 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spectaire Holdings stock overvalued right now?
Spectaire Holdings (SPEC) has a current Total Assets of $0.81 Mil. The current Total Assets is $0.81 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Spectaire Holdings (SPEC), the current Total Assets is $0.81 Mil as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Spectaire Holdings Business Description

Address 19 Coolidge Hill Road, Watertown, MA, USA, 02472
Spectaire Holdings Inc is an industrial technology company that allows its customers to measure, manage, and reduce carbon dioxide equivalent and other greenhouse gas emissions. Spectaire's core product offering, AireCore is a fully integrated hardware, software, and data platform.