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Jaws Spitfire Acquisition (Jaws Spitfire Acquisition) Total Assets : $347.40 Mil (As of Dec. 2020)


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What is Jaws Spitfire Acquisition Total Assets?

Jaws Spitfire Acquisition's Total Assets for the quarter that ended in Dec. 2020 was $347.40 Mil.

Total Assets is connected with ROA %. Jaws Spitfire Acquisition's annualized ROA % for the quarter that ended in Dec. 2020 was 0.00%. Total Assets is also linked to Revenue through Asset Turnover. Jaws Spitfire Acquisition's Asset Turnover for the quarter that ended in Dec. 2020 was 0.00.

Jaws Spitfire Acquisition Total Assets Historical Data

The historical data trend for Jaws Spitfire 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.

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Jaws Spitfire Acquisition Total Assets Chart

Jaws Spitfire Acquisition Annual Data
Trend Dec20
Total Assets
347.40

Jaws Spitfire Acquisition Semi-Annual Data
Aug20 Dec20
Total Assets 0.07 347.40

Jaws Spitfire 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.

Jaws Spitfire Acquisition's Total Assets for the fiscal year that ended in Dec. 2020 is calculated as

Total Assets=Total Equity (A: Dec. 2020 )+Total Liabilities (A: Dec. 2020 )
=291.468+55.927
=347.40

Jaws Spitfire Acquisition's Total Assets for the quarter that ended in Dec. 2020 is calculated as

Total Assets=Total Equity (Q: Dec. 2020 )+Total Liabilities (Q: Dec. 2020 )
=291.468+55.927
=347.40

* 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.

Jaws Spitfire Acquisition  (NYSE:SPFR.WS) Total Assets Explanation

Total Assets is connected with ROA %.

Jaws Spitfire Acquisition's annualized ROA % for the quarter that ended in Dec. 2020 is

ROA %=Net Income (Q: Dec. 2020 )/( (Total Assets (Q: Aug. 2020 )+Total Assets (Q: Dec. 2020 ))/ count )
=0/( (0.065+347.395)/ 2 )
=0/173.73
=0.00 %

Note: The Net Income data used here is one times the annual (Dec. 2020) 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.

Jaws Spitfire Acquisition's Asset Turnover for the quarter that ended in Dec. 2020 is

Asset Turnover
=Revenue (Q: Dec. 2020 )/( (Total Assets (Q: Aug. 2020 )+Total Assets (Q: Dec. 2020 ))/ count )
=0/( (0.065+347.395)/ 2 )
=0/173.73
=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.

Jaws Spitfire Acquisition Total Assets Related Terms

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Jaws Spitfire Acquisition (Jaws Spitfire Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Jaws Spitfire Acquisition Corp (NYSE:SPFR.WS) » Definitions » Total Assets
Comparable Companies
Traded in Other Exchanges
N/A
Address
1601 Washington Avenue, Suite 800, Miami Beach, FL, USA, 33139
Website
Jaws Spitfire Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities.