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TZP Strategies Acquisition (TZP Strategies Acquisition) Total Assets : $288.98 Mil (As of Sep. 2022)


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What is TZP Strategies Acquisition Total Assets?

TZP Strategies Acquisition's Total Assets for the quarter that ended in Sep. 2022 was $288.98 Mil.

During the past 12 months, TZP Strategies Acquisition's average Total Assets Growth Rate was 0.30% per year.

Total Assets is connected with ROA %. TZP Strategies Acquisition's annualized ROA % for the quarter that ended in Sep. 2022 was 0.89%. Total Assets is also linked to Revenue through Asset Turnover. TZP Strategies Acquisition's Asset Turnover for the quarter that ended in Sep. 2022 was 0.00.


TZP Strategies Acquisition Total Assets Historical Data

The historical data trend for TZP Strategies 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.

TZP Strategies Acquisition Total Assets Chart

TZP Strategies Acquisition Annual Data
Trend Dec20 Dec21
Total Assets
0.32 288.33

TZP Strategies Acquisition Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Total Assets Get a 7-Day Free Trial Premium Member Only 288.39 288.33 288.12 288.19 288.98

TZP Strategies 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.

TZP Strategies 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 )
=267.611+20.715
=288.33

TZP Strategies 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 )
=274.113+14.863
=288.98

* 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.


TZP Strategies Acquisition  (NAS:TZPSW) Total Assets Explanation

Total Assets is connected with ROA %.

TZP Strategies 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 )
=2.56/( (288.189+288.976)/ 2 )
=2.56/288.5825
=0.89 %

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.

TZP Strategies 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/( (288.189+288.976)/ 2 )
=0/288.5825
=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.

TZP Strategies Acquisition Total Assets Related Terms

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TZP Strategies Acquisition (TZP Strategies Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
7 Times Square, Suite 4307, New York, NY, USA, 10036
TZP Strategies Acquisition Corp is a blank check company.