GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Tech And Energy Transition Corp (NAS:TETC) » Definitions » Total Assets

Tech And Energy Transition (Tech And Energy Transition) Total Assets : $389.84 Mil (As of Dec. 2022)


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

What is Tech And Energy Transition Total Assets?

Tech And Energy Transition's Total Assets for the quarter that ended in Dec. 2022 was $389.84 Mil.

Total Assets is connected with ROA %. Tech And Energy Transition's annualized ROA % for the quarter that ended in Dec. 2022 was 3.49%. Total Assets is also linked to Revenue through Asset Turnover. Tech And Energy Transition's Asset Turnover for the quarter that ended in Dec. 2022 was 0.00.


Tech And Energy Transition Total Assets Historical Data

The historical data trend for Tech And Energy Transition'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.

Tech And Energy Transition Total Assets Chart

Tech And Energy Transition Annual Data
Trend Mar19 Mar20 Mar21 Mar22
Total Assets
0.03 0.03 389.29 385.83

Tech And Energy Transition Quarterly Data
Mar19 Dec19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 386.31 385.83 386.88 387.43 389.84

Tech And Energy Transition 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.

Tech And Energy Transition's Total Assets for the fiscal year that ended in Mar. 2022 is calculated as

Total Assets=Total Equity (A: Mar. 2022 )+Total Liabilities (A: Mar. 2022 )
=365.143+20.686
=385.83

Tech And Energy Transition's Total Assets for the quarter that ended in Dec. 2022 is calculated as

Total Assets=Total Equity (Q: Dec. 2022 )+Total Liabilities (Q: Dec. 2022 )
=374.778+15.058
=389.84

* 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.


Tech And Energy Transition  (NAS:TETC) Total Assets Explanation

Total Assets is connected with ROA %.

Tech And Energy Transition's annualized ROA % for the quarter that ended in Dec. 2022 is

ROA %=Net Income (Q: Dec. 2022 )/( (Total Assets (Q: Sep. 2022 )+Total Assets (Q: Dec. 2022 ))/ count )
=13.576/( (387.43+389.835)/ 2 )
=13.576/388.6325
=3.49 %

Note: The Net Income data used here is four times the quarterly (Dec. 2022) 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.

Tech And Energy Transition's Asset Turnover for the quarter that ended in Dec. 2022 is

Asset Turnover
=Revenue (Q: Dec. 2022 )/( (Total Assets (Q: Sep. 2022 )+Total Assets (Q: Dec. 2022 ))/ count )
=0/( (387.43+389.835)/ 2 )
=0/388.6325
=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.

Tech And Energy Transition Total Assets Related Terms

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


Tech And Energy Transition (Tech And Energy Transition) Business Description

Traded in Other Exchanges
N/A
Address
125 W 55th Street, New York, NY, USA, 10019
Tech And Energy Transition Corp is a blank check company.

Tech And Energy Transition (Tech And Energy Transition) Headlines