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Helix Acquisition II (Helix Acquisition II) Total Assets : $187.53 Mil (As of Mar. 2024)


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What is Helix Acquisition II Total Assets?

Helix Acquisition II's Total Assets for the quarter that ended in Mar. 2024 was $187.53 Mil.

During the past 12 months, Helix Acquisition II's average Total Assets Growth Rate was 129.70% per year.

Total Assets is connected with ROA %. Helix Acquisition II's annualized ROA % for the quarter that ended in Mar. 2024 was 4.68%. Total Assets is also linked to Revenue through Asset Turnover. Helix Acquisition II's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

Helix Acquisition II Total Assets Historical Data

The historical data trend for Helix 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.

* Premium members only.

Helix Acquisition II Total Assets Chart

Helix Acquisition II Annual Data
Trend Dec21 Dec22 Dec23
Total Assets
0.14 0.15 0.33

Helix Acquisition II Quarterly Data
Dec21 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial 0.15 - 0.15 0.33 187.53

Helix 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.

Helix Acquisition II'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 )
=-0.064+0.396
=0.33

Helix Acquisition II'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 )
=181.985+5.543
=187.53

* 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.

Helix Acquisition II  (NAS:HLXB) Total Assets Explanation

Total Assets is connected with ROA %.

Helix Acquisition II'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 )
=4.4/( (0.333+187.529)/ 2 )
=4.4/93.931
=4.68 %

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.

Helix Acquisition II'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/( (0.333+187.529)/ 2 )
=0/93.931
=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.

Helix Acquisition II Total Assets Related Terms

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Helix Acquisition II (Helix Acquisition II) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Helix Acquisition Corp II (NAS:HLXB) » Definitions » Total Assets
Comparable Companies
Traded in Other Exchanges
N/A
Address
Cormorant Asset Management, LP, 200 Clarendon Street, 52nd Floor, Boston, MA, USA, 02116
Website
Helix Acquisition Corp II is a Blank check company.

Helix Acquisition II (Helix Acquisition II) Headlines

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