Thunder Bridge Capital Partners III (Thunder Bridge Capital Partners III) Total Assets : $6.39 Mil (As of Sep. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Thunder Bridge Capital Partners III Total Assets?

Thunder Bridge Capital Partners III's Total Assets for the quarter that ended in Sep. 2023 was $6.39 Mil.

During the past 12 months, Thunder Bridge Capital Partners III's average Total Assets Growth Rate was -98.50% per year.

Total Assets is connected with ROA %. Thunder Bridge Capital Partners III's annualized ROA % for the quarter that ended in Sep. 2023 was 12.72%. Total Assets is also linked to Revenue through Asset Turnover. Thunder Bridge Capital Partners III's Asset Turnover for the quarter that ended in Sep. 2023 was 0.00.

Thunder Bridge Capital Partners III Total Assets Historical Data

The historical data trend for Thunder Bridge Capital Partners 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.

* Premium members only.

Thunder Bridge Capital Partners III Total Assets Chart

Thunder Bridge Capital Partners III Annual Data

Trend

Dec20

Dec21

Dec22

Total Assets

0.15

414.63

12.47

Thunder Bridge Capital Partners III Quarterly Data
	Aug20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Total Assets	Get a 7-Day Free Trial								416.43	12.47	12.36	11.28	6.39

Thunder Bridge Capital Partners 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.

Thunder Bridge Capital Partners 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 )
	=	-4.784	+	17.257
	=	12.47

Thunder Bridge Capital Partners III'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 )
	=	-10.26	+	16.653
	=	6.39

Thunder Bridge Capital Partners III (NAS:TBCPU) Total Assets Explanation

Total Assets is connected with ROA %.

Thunder Bridge Capital Partners III'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 )
	=	1.124	/	( (11.277	+	6.393)	/ 2 )
	=	1.124	/	8.835
	=	12.72 %

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.

Thunder Bridge Capital Partners III'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	/	( (11.277	+	6.393)	/ 2 )
=	0	/	8.835
=	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.

Thunder Bridge Capital Partners III Total Assets Related Terms

Thank you for viewing the detailed overview of Thunder Bridge Capital Partners III's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Thunder Bridge Capital Partners III (Thunder Bridge Capital Partners III) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Thunder Bridge Capital Partners III Inc (NAS:TBCPU) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

9912 Georgetown Pike, Suite D203, Great Falls, VA, USA, 22066

Website

Thunder Bridge Capital Partners III Inc is a blank check company.

Executives

David E Mangum	director
Gary A Simanson	director, 10 percent owner, officer: President and CEO	717 KING STREET, ALEXANDRIA VA 22314
William A Houlihan	officer: Chief Financial Officer	10900 WAYZATA BOULEVARD, MINNETONKA MN 55305
Robert Herman Hartheimer	director	3232 RITTENHOUSE STREET NW, WASHINGTON DC 20015
Allerd D. Stikker	director	9912 GEORGETOWN PIKE, SUITE D203, GREAT FALLS VA 22066
Mary Anne Gillespie	director	9912 GEORGETOWN PIKE, SUITE D203, GREAT FALLS VA 22066
Tbcp Iii, Llc	10 percent owner	9912 GEORGETOWN PIKE SUITE D203, GREAT FALLS VA 22066

Thunder Bridge Capital Partners III (Thunder Bridge Capital Partners III) Headlines

From GuruFocus

Thunder Bridge Capital Partners III Inc. Announces Closing of $414,000,000 Initial Public Offering

By GlobeNewswire GlobeNewswire • 02-10-2021

Thunder Bridge Capital Partners III Inc. Announces Closing of $414,000,000 Initial Public Offering

By Marketwired Marketwired • 02-11-2021