GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Golden Arrow Merger Corp (NAS:GAMCU) » Definitions » Total Assets

Golden Arrow Merger (Golden Arrow Merger) Total Assets : $6.52 Mil (As of Mar. 2024)


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

What is Golden Arrow Merger Total Assets?

Golden Arrow Merger's Total Assets for the quarter that ended in Mar. 2024 was $6.52 Mil.

During the past 12 months, Golden Arrow Merger's average Total Assets Growth Rate was -70.30% per year.

Total Assets is connected with ROA %. Golden Arrow Merger's annualized ROA % for the quarter that ended in Mar. 2024 was -73.51%. Total Assets is also linked to Revenue through Asset Turnover. Golden Arrow Merger's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

Golden Arrow Merger Total Assets Historical Data

The historical data trend for Golden Arrow Merger'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.

Golden Arrow Merger Total Assets Chart

Golden Arrow Merger Annual Data
Trend Dec21 Dec22 Dec23
Total Assets
288.24 291.07 6.68

Golden Arrow Merger Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.72 22.43 22.44 6.68 6.52

Golden Arrow Merger 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.

Golden Arrow Merger's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=-11.949+18.626
=6.68

Golden Arrow Merger's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=-13.163+19.687
=6.52

* 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.

Golden Arrow Merger  (NAS:GAMCU) Total Assets Explanation

Total Assets is connected with ROA %.

Golden Arrow Merger's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=-4.852/( (6.677+6.524)/ 2 )
=-4.852/6.6005
=-73.51 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) 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.

Golden Arrow Merger's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=0/( (6.677+6.524)/ 2 )
=0/6.6005
=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.

Golden Arrow Merger Total Assets Related Terms

Thank you for viewing the detailed overview of Golden Arrow Merger's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Golden Arrow Merger (Golden Arrow Merger) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Golden Arrow Merger Corp (NAS:GAMCU) » Definitions » Total Assets
Comparable Companies
MARX HSPO NCAC TENK ATMV CNGL LATG FTII FNVT ATMC PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
GAMC:USA
Address
10 E. 53rd Street, 13th Floor, New York, NY, USA, 10022
Website
https://www.goldenarrowspac.com
Golden Arrow Merger Corp is a blank check company.
Executives
Lloyd H Dean director 185 BERRY STREET, SUITE 300, SAN FRANCISCO CA 94107
Steven M Klosk director C/O CAMBREX CORP, ONE MEADOWLANDS PLZ, EAST RUTHERFORD NJ 07073
Brett H Barth director COWEN INC., 599 LEXINGTON AVENUE, NEW YORK NY 10022
Andrew Rechtschaffen director, 10 percent owner C/O OBREM CAPITAL MANAGEMENT, LLC, 733 THIRD AVENUE, 11TH FLOOR, NEW YORK NY 10017
Jack Hidary director 3 PARK AVENUE, NEW YORK NY 10016
Timothy C Babich 10 percent owner, officer: CEO & CFO 1901 N ROSELLE RD., SUITE 55, SCHAUMBURG IL 60195
Lance L. Hirt director, 10 percent owner LINDSAY GOLDBERG, 630 FIFTH AVENUE, 39TH FLOOR, NEW YORK NY 10111
Jacob Doft director, 10 percent owner C/O GOLDEN ARROW MERGER CORP., 10 E. 53RD STREET, 13TH FLOOR, NEW YORK NY 10022
Golden Arrow Sponsor, Llc 10 percent owner 10 E. 53RD STREET, 13TH FLOOR, NEW YORK NY 10022