TLG Acquisition One (TLG Acquisition One) Total Assets : $83.16 Mil (As of Mar. 2023)

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What is TLG Acquisition One Total Assets?

TLG Acquisition One's Total Assets for the quarter that ended in Mar. 2023 was $83.16 Mil.

During the past 12 months, TLG Acquisition One's average Total Assets Growth Rate was -79.30% per year.

Total Assets is connected with ROA %. TLG Acquisition One's annualized ROA % for the quarter that ended in Mar. 2023 was -5.38%. Total Assets is also linked to Revenue through Asset Turnover. TLG Acquisition One's Asset Turnover for the quarter that ended in Mar. 2023 was 0.00.

TLG Acquisition One Total Assets Historical Data

The historical data trend for TLG Acquisition One'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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TLG Acquisition One Total Assets Chart

TLG Acquisition One Annual Data

Trend

Dec20

Dec21

Dec22

Total Assets

0.32

400.18

81.07

TLG Acquisition One Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Total Assets	Get a 7-Day Free Trial					400.96	401.38	402.77	81.07	83.16

TLG Acquisition One 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.

TLG Acquisition One'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 )
	=	58.138	+	22.935
	=	81.07

TLG Acquisition One's Total Assets for the quarter that ended in Mar. 2023 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2023 )	+	Total Liabilities (Q: Mar. 2023 )
	=	57.034	+	26.125
	=	83.16

TLG Acquisition One (NYSE:TLGA) Total Assets Explanation

Total Assets is connected with ROA %.

TLG Acquisition One's annualized ROA % for the quarter that ended in Mar. 2023 is

ROA %	=	Net Income (Q: Mar. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Mar. 2023 ))	/ count )
	=	-4.416	/	( (81.073	+	83.159)	/ 2 )
	=	-4.416	/	82.116
	=	-5.38 %

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

TLG Acquisition One's Asset Turnover for the quarter that ended in Mar. 2023 is

	Asset Turnover
=	Revenue (Q: Mar. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Mar. 2023 ))	/ count )
=	0	/	( (81.073	+	83.159)	/ 2 )
=	0	/	82.116
=	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.

TLG Acquisition One Total Assets Related Terms

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TLG Acquisition One (TLG Acquisition One) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » TLG Acquisition One Corp (NYSE:TLGA) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

515 North Flagler Drive, Suite 520, West Palm Beach, FL, USA, 33401

Website

https://www.tlgacquisitions.com

TLG Acquisition One Corp is a blank check company.

Executives

Zainabu Oke	director	8300 GOLF LINKS ROAD, OAKLAND CA 94605
Edward Ho	director	1775 TYSONS BOULEVARD, TYSONS VA 22102
John M Lawrie	director, 10 percent owner, officer: See Remarks	DXC TECHNOLOGY COMPANY, 1775 TYSONS BOULEVARD, TYSONS VA 22102
Abdo G Kadifa	director	C/O CORIO INC, 959 SKYWAY RD #100, SAN CARLOS CA 94070
Terry Hilliard C. Iii	director	ONE SW COLUMBIA ST STE 1200, PORTLAND OR 97258
David L Johnson	director, officer: Chief Financial Officer	ONE DELL WAY, ROUND ROCK TX 78682
Kristin Muhlner	director	3877 FAIRFAX RIDGE ROAD, SOUTH TOWER, FAIRFAX VA 22030
Tlg Acquisition Founder Llc	10 percent owner	515 NORTH FLAGLER DRIVE, SUITE 520, WEST PALM BEACH FL 33401

TLG Acquisition One (TLG Acquisition One) Headlines

From GuruFocus

TLG Acquisition One Corp. Stockholders Approve Previously Announced Business Combination with Electriq Power, Inc. and TLG Announces Cancellation of Extension Meeting

By Business Wire • 07-25-2023

TLG Acquisition One Corp. Announces Updates to its Joint Proxy Statement/Consent Solicitation Statement/Prospectus in Connection with its Proposed Business Combination and its Proxy Statement in Connection with its Extension Meeting

By Business Wire • 07-14-2023

TLG Acquisition One Corp. Announces Effectiveness of Registration Statement and July 25, 2023 Scheduled Special Meeting of Stockholders to Approve Business Combination with Electriq Power, Inc.

By Business Wire • 07-17-2023

Electriq Power Announces Nominees for New Public Company Board of Directors

By sperokesalga sperokesalga • 03-22-2023

TLG Acquisition One Corp. Announces Closing of Upsized $400 Million Initial Public Offering

By Business Wire Business Wire • 02-02-2021

U.S. Home Solar Battery Storage Solutions Provider Electriq Power to Merge with TLG Acquisition One Corp.

By Business Wire Business Wire • 11-14-2022

Wealthspring Capital LLC Buys TLG Acquisition One Corp, ITHAX Acquisition Corp, Twelve Seas Investment Co II, Sells Sports Entertainment Acquisition Corp, Sustainable Opportunities Acquisition Corp, Fusion Acquisition Corp

By GuruFocus Research GuruFocus Editor • 05-19-2021

Electriq Power to Offer Solar+Storage with Zero Up-Front Cost to All San Luis Obispo County Residents in Collaboration with the SLO Climate Coalition

By sperokesalga sperokesalga • 04-27-2023