BackMusic Acquisition Overview

Music Acquisition Net Tangible Assets

Music Acquisition's net tangible assets is $-9M.

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Net Tangible Assets
$-9.04M
↓ 56.49% YoYΔ $11.74M vs prior year quarter

Peer trimmed avg / median

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Music Acquisition Net Tangible Assets History

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Music Acquisition vs. peers: Net Tangible Assets Comparison

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Music Acquisition Net Tangible Assets Growth (YoY per quarter)

Latest change versus the prior comparable period (same company).

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Music Acquisition (TMAC) FAQ

Music Acquisition posts a net tangible assets of $-9M as of September 2022. That compares with $-21M in the prior-year period — up 56.5% year over year. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Music Acquisition's net tangible assets was $-21M. The latest reading is $-9M — a 56.5% year-over-year increase (period ending September 2022). Use the history and growth charts on this page for a longer lookback.

Net Tangible Assets is one piece of Music Acquisition's financial statement story. At $-9M, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for TMAC's net tangible assets usually means three checks: (1) trend versus prior periods, (2) level versus peers, and (3) consistency with growth and profitability. This page covers the first two; Music Acquisition's other metric pages and overview cover the third.