CirTran (CirTran) Total Assets : $1.88 Mil (As of Mar. 2024)

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What is CirTran Total Assets?

CirTran's Total Assets for the quarter that ended in Mar. 2024 was $1.88 Mil.

During the past 12 months, CirTran's average Total Assets Growth Rate was 13.60% per year. During the past 3 years, the average Total Assets Growth Rate was 15.40% per year. During the past 5 years, the average Total Assets Growth Rate was 51.20% per year. During the past 10 years, the average Total Assets Growth Rate was 1.40% per year.

During the past 13 years, CirTran's highest 3-Year average Total Assets Growth Rate was 81.70%. The lowest was -59.80%. And the median was 5.50%.

Total Assets is connected with ROA %. CirTran's annualized ROA % for the quarter that ended in Mar. 2024 was -111.16%. Total Assets is also linked to Revenue through Asset Turnover. CirTran's Asset Turnover for the quarter that ended in Mar. 2024 was 0.23.

CirTran Total Assets Historical Data

The historical data trend for CirTran'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.

CirTran Total Assets Chart

CirTran Annual Data

Trend

Dec11

Dec12

Dec13

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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0.33

1.31

1.46

2.00

1.85

CirTran Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															1.85	1.86	2.11	1.85	1.88

CirTran 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.

CirTran'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 )
	=	-21.779	+	23.627
	=	1.85

CirTran'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 )
	=	-22.297	+	24.176
	=	1.88

CirTran (OTCPK:CIRX) Total Assets Explanation

Total Assets is connected with ROA %.

CirTran'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 )
	=	-2.072	/	( (1.849	+	1.879)	/ 2 )
	=	-2.072	/	1.864
	=	-111.16 %

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.

CirTran'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 )
=	0.429	/	( (1.849	+	1.879)	/ 2 )
=	0.429	/	1.864
=	0.23

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.

CirTran Total Assets Related Terms

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CirTran (CirTran) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » CirTran Corp (OTCPK:CIRX) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

6360 S Pecos Road, Suite 8, Las Vegas, NV, USA, 89120

Website

https://www.cirtran.com

CirTran Corp offers diversified expertise in manufacturing, marketing, distribution, and technology services in a wide variety of consumer products, including tobacco products, and medical devices. The company operates under the brand name-HUSTLER and it sells products like condoms, electronic cigarettes, electronic cigars, cigars, hookahs, hookah tobacco, energy drinks, water beverages etc.

Executives

Shaher Hawatmeh	officer: Chief Operating Officer	4125 SOUTH 6000 WEST, WEST VALLEY CITY UT 84128
David Harmon	officer: CHIEF FINANCIAL OFFICER	4125 SOUTH 6000 WEST, WEST VALLEY CITY UT 84128
Donald L Buehner	director	4125 SOUTH 6000 WEST, WEST VALLEY CITY UT 84128
Trevor Saliba	director, officer: Chief Marketing Officer	4125 SOUTH 6000 WEST, WEST VALLEY CITY UT 84128
Fadi Nora	director	4125 SOUTH 6000 WEST, WEST VALLEY CITY UT 84128
Iehab J Hawatmeh	director, officer: President & CEO	4125 SOUTH 6000 WEST, WEST VALLEY CITY UT 84128
Raed Hawatmeh	director	4125 SOUTH 6000 WEST, WEST VALLEY CITY UT 84128
Richard T Ferrone	officer: CFO	4125 SOUTH 6000 WEST, WEST VALLEY CITY UT 84128

CirTran (CirTran) Headlines

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