LMF Acquisition Opportunities (LMF Acquisition Opportunities) Total Assets : $105.96 Mil (As of Jun. 2022)

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What is LMF Acquisition Opportunities Total Assets?

LMF Acquisition Opportunities's Total Assets for the quarter that ended in Jun. 2022 was $105.96 Mil.

During the past 12 months, LMF Acquisition Opportunities's average Total Assets Growth Rate was 45736.40% per year.

Total Assets is connected with ROA %. LMF Acquisition Opportunities's annualized ROA % for the quarter that ended in Jun. 2022 was 0.69%. Total Assets is also linked to Revenue through Asset Turnover. LMF Acquisition Opportunities's Asset Turnover for the quarter that ended in Jun. 2022 was 0.00.

LMF Acquisition Opportunities Total Assets Historical Data

The historical data trend for LMF Acquisition Opportunities'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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LMF Acquisition Opportunities Total Assets Chart

LMF Acquisition Opportunities Annual Data

Trend

Dec20

Dec21

Total Assets

0.27

105.93

LMF Acquisition Opportunities Quarterly Data
	Oct20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Total Assets	Get a 7-Day Free Trial			106.53	106.20	105.93	105.96	105.96

LMF Acquisition Opportunities 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.

LMF Acquisition Opportunities'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 )
	=	95.004	+	10.93
	=	105.93

LMF Acquisition Opportunities's Total Assets for the quarter that ended in Jun. 2022 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2022 )	+	Total Liabilities (Q: Jun. 2022 )
	=	98.573	+	7.382
	=	105.96

LMF Acquisition Opportunities (NAS:LMAOW) Total Assets Explanation

Total Assets is connected with ROA %.

LMF Acquisition Opportunities's annualized ROA % for the quarter that ended in Jun. 2022 is

ROA %	=	Net Income (Q: Jun. 2022 )	/	( (Total Assets (Q: Mar. 2022 )	+	Total Assets (Q: Jun. 2022 ))	/ count )
	=	0.732	/	( (105.961	+	105.955)	/ 2 )
	=	0.732	/	105.958
	=	0.69 %

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

LMF Acquisition Opportunities's Asset Turnover for the quarter that ended in Jun. 2022 is

	Asset Turnover
=	Revenue (Q: Jun. 2022 )	/	( (Total Assets (Q: Mar. 2022 )	+	Total Assets (Q: Jun. 2022 ))	/ count )
=	0	/	( (105.961	+	105.955)	/ 2 )
=	0	/	105.958
=	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.

LMF Acquisition Opportunities Total Assets Related Terms

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