Heartland Media Acquisition (Heartland Media Acquisition) Total Assets : $202.45 Mil (As of Mar. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Heartland Media Acquisition Total Assets?

Heartland Media Acquisition's Total Assets for the quarter that ended in Mar. 2023 was $202.45 Mil.

Total Assets is connected with ROA %. Heartland Media Acquisition's annualized ROA % for the quarter that ended in Mar. 2023 was 0.21%. Total Assets is also linked to Revenue through Asset Turnover. Heartland Media Acquisition's Asset Turnover for the quarter that ended in Mar. 2023 was 0.00.

Heartland Media Acquisition Total Assets Historical Data

The historical data trend for Heartland Media 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.

Heartland Media Acquisition Total Assets Chart

Heartland Media Acquisition Annual Data

Trend

Dec21

Dec22

Total Assets

0.77

200.72

Heartland Media Acquisition Quarterly Data
	Feb21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Total Assets	Get a 7-Day Free Trial				198.74	198.65	199.46	200.72	202.45

Heartland Media 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.

Heartland Media Acquisition's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (A: Dec. 2022 )	+	Total Liabilities (A: Dec. 2022 )
	=	192.322	+	8.398
	=	200.72

Heartland Media Acquisition's Total Assets for the quarter that ended in Mar. 2023 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2023 )	+	Total Liabilities (Q: Mar. 2023 )
	=	192.427	+	10.026
	=	202.45

Heartland Media Acquisition (NYSE:HMA) Total Assets Explanation

Total Assets is connected with ROA %.

Heartland Media Acquisition's annualized ROA % for the quarter that ended in Mar. 2023 is

ROA %	=	Net Income (Q: Mar. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Mar. 2023 ))	/ count )
	=	0.42	/	( (200.721	+	202.454)	/ 2 )
	=	0.42	/	201.5875
	=	0.21 %

Note: The Net Income data used here is four times the quarterly (Mar. 2023) 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.

Heartland Media Acquisition's Asset Turnover for the quarter that ended in Mar. 2023 is

	Asset Turnover
=	Revenue (Q: Mar. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Mar. 2023 ))	/ count )
=	0	/	( (200.721	+	202.454)	/ 2 )
=	0	/	201.5875
=	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.

Heartland Media Acquisition Total Assets Related Terms

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

Heartland Media Acquisition (Heartland Media Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Heartland Media Acquisition Corp (NYSE:HMA) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

3282 Northside Parkway, Suite 275, Atlanta, GA, USA, 30327

Website

https://www.heartlandmediaacquisition.com

Heartland Media Acquisition Corp is a blank check company.

Executives

Prather Robert S Jr	director, 10 percent owner, officer: Chief Executive Officer
Heartland Sponsor Llc	10 percent owner	3282 NORTHSIDE PKWY NW, STE 275, ATLANTA GA 30327
Shawn Pack	officer: Chief Financial Officer	C/O HEARTLAND MEDIA ACQUISITION CORP., 3282 NORTHSIDE PKWY, SUITE 275, ATLANTA GA 30327
Alan J Weber	director	5 DAKOTA DRIVE, SUITE 300, LAKE SUCCESS NY 11042
John S Zieser	director	1716 LOCUST STREET, LS 101-A; ATTN TERESA T. RINKER, DES MOINES IA 50309-3023
Salvatore Muoio	director	C/O LYNCH INTERACTIVE CORP, 401 THEODORE FREMD AVE, RYE NY 10580
Steven Todd Shapiro	director	C/O GOLDENTREE ASSET MANAGEMENT, 300 PARK AVENUE, NEW YORK NY 10022

Heartland Media Acquisition (Heartland Media Acquisition) Headlines

From GuruFocus

Heartland Media Acquisition Corp. Receives Noncompliance Notice from NYSE

By Stock market mentor Stock market mentor • 01-19-2023

Heartland Media Acquisition Corp. Announces Redemption of Public Shares and Subsequent Dissolution

By Marketwired • 07-24-2023

Heartland Media Acquisition Corp. Announces Pricing of $175 Million Initial Public Offering

By GuruFocusNews GuruFocusNews • 01-21-2022