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Tailwind Acquisition (Tailwind Acquisition) Total Assets : $33.53 Mil (As of Sep. 2022)


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What is Tailwind Acquisition Total Assets?

Tailwind Acquisition's Total Assets for the quarter that ended in Sep. 2022 was $33.53 Mil.

During the past 12 months, Tailwind Acquisition's average Total Assets Growth Rate was -90.10% per year.

Total Assets is connected with ROA %. Tailwind Acquisition's annualized ROA % for the quarter that ended in Sep. 2022 was 0.95%. Total Assets is also linked to Revenue through Asset Turnover. Tailwind Acquisition's Asset Turnover for the quarter that ended in Sep. 2022 was 0.00.


Tailwind Acquisition Total Assets Historical Data

The historical data trend for Tailwind Acquisition'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.

Tailwind Acquisition Total Assets Chart

Tailwind Acquisition Annual Data
Trend Dec20 Dec21
Total Assets
336.84 335.03

Tailwind Acquisition Quarterly Data
May20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Total Assets Get a 7-Day Free Trial Premium Member Only 335.27 335.03 335.01 335.44 33.53

Tailwind Acquisition 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.

Tailwind Acquisition's Total Assets for the fiscal year that ended in Dec. 2021 is calculated as

Total Assets=Total Equity (A: Dec. 2021 )+Total Liabilities (A: Dec. 2021 )
=305.625+29.407
=335.03

Tailwind Acquisition's Total Assets for the quarter that ended in Sep. 2022 is calculated as

Total Assets=Total Equity (Q: Sep. 2022 )+Total Liabilities (Q: Sep. 2022 )
=14.204+19.33
=33.53

* 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.


Tailwind Acquisition  (AMEX:TWND.WS) Total Assets Explanation

Total Assets is connected with ROA %.

Tailwind Acquisition's annualized ROA % for the quarter that ended in Sep. 2022 is

ROA %=Net Income (Q: Sep. 2022 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Sep. 2022 ))/ count )
=1.756/( (335.437+33.534)/ 2 )
=1.756/184.4855
=0.95 %

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

Tailwind Acquisition's Asset Turnover for the quarter that ended in Sep. 2022 is

Asset Turnover
=Revenue (Q: Sep. 2022 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Sep. 2022 ))/ count )
=0/( (335.437+33.534)/ 2 )
=0/184.4855
=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.

Tailwind Acquisition Total Assets Related Terms

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Tailwind Acquisition (Tailwind Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
1545 Courtney Avenue, Los Angeles, CA, USA, 90046
Tailwind Acquisition Corp is a blank check company.

Tailwind Acquisition (Tailwind Acquisition) Headlines

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