Virgin Group Acquisition II (Virgin Group Acquisition II) Total Assets : $403.26 Mil (As of Mar. 2022)

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What is Virgin Group Acquisition II Total Assets?

Virgin Group Acquisition II's Total Assets for the quarter that ended in Mar. 2022 was $403.26 Mil.

Total Assets is connected with ROA %. Virgin Group Acquisition II's annualized ROA % for the quarter that ended in Mar. 2022 was -23.35%. Total Assets is also linked to Revenue through Asset Turnover. Virgin Group Acquisition II's Asset Turnover for the quarter that ended in Mar. 2022 was 0.00.

Virgin Group Acquisition II Total Assets Historical Data

The historical data trend for Virgin Group Acquisition II'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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Virgin Group Acquisition II Total Assets Chart

Virgin Group Acquisition II Annual Data

Trend

Dec21

Total Assets

403.81

Virgin Group Acquisition II Quarterly Data
	Jan21	Jun21	Sep21	Dec21	Mar22
Total Assets	0.07	403.72	403.51	403.81	403.26

Virgin Group Acquisition II 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.

Virgin Group Acquisition II'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 )
	=	372.96	+	30.849
	=	403.81

Virgin Group Acquisition II's Total Assets for the quarter that ended in Mar. 2022 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2022 )	+	Total Liabilities (Q: Mar. 2022 )
	=	349.408	+	53.854
	=	403.26

Virgin Group Acquisition II (NYSE:VGII) Total Assets Explanation

Total Assets is connected with ROA %.

Virgin Group Acquisition II's annualized ROA % for the quarter that ended in Mar. 2022 is

ROA %	=	Net Income (Q: Mar. 2022 )	/	( (Total Assets (Q: Dec. 2021 )	+	Total Assets (Q: Mar. 2022 ))	/ count )
	=	-94.208	/	( (403.808	+	403.262)	/ 2 )
	=	-94.208	/	403.535
	=	-23.35 %

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

Virgin Group Acquisition II's Asset Turnover for the quarter that ended in Mar. 2022 is

	Asset Turnover
=	Revenue (Q: Mar. 2022 )	/	( (Total Assets (Q: Dec. 2021 )	+	Total Assets (Q: Mar. 2022 ))	/ count )
=	0	/	( (403.808	+	403.262)	/ 2 )
=	0	/	403.535
=	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.

Virgin Group Acquisition II Total Assets Related Terms

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