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CENTR Brands (XCNQ:CNTR) Scaled Net Operating Assets : -0.38 (As of Feb. 2024)


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What is CENTR Brands Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

CENTR Brands's operating assets for the quarter that ended in Feb. 2024 was C$0.08 Mil. CENTR Brands's operating liabilities for the quarter that ended in Feb. 2024 was C$1.39 Mil. CENTR Brands's Total Assets for the quarter that ended in Aug. 2023 was C$3.43 Mil. Therefore, CENTR Brands's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2024 was -0.38.


CENTR Brands Scaled Net Operating Assets Historical Data

The historical data trend for CENTR Brands's Scaled Net Operating 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.

CENTR Brands Scaled Net Operating Assets Chart

CENTR Brands Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.75 0.04 -3.89 0.32 -0.21

CENTR Brands Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Feb24
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.11 0.16 -0.66 0.06 -0.38

Competitive Comparison of CENTR Brands's Scaled Net Operating Assets

For the Drug Manufacturers - Specialty & Generic subindustry, CENTR Brands's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CENTR Brands's Scaled Net Operating Assets Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, CENTR Brands's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where CENTR Brands's Scaled Net Operating Assets falls into.



CENTR Brands Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

CENTR Brands's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in May. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: May. 2023 )
=(Operating Assets (A: May. 2023 )-Operating Liabilities (A: May. 2023 ))/Total Assets (A: May. 2022 )
=(1.625-3.198)/7.571
=-0.21

where

Operating Assets(A: May. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4.92 - 3.295
=1.625

Operating Liabilities(A: May. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3.671 - 0.311 - 0.162
=3.198

CENTR Brands's Scaled Net Operating Assets (SNOA) for the quarter that ended in Feb. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Feb. 2024 )
=(Operating Assets (Q: Feb. 2024 )-Operating Liabilities (Q: Feb. 2024 ))/Total Assets (Q: Aug. 2023 )
=(0.077-1.389)/3.43
=-0.38

where

Operating Assets(Q: Feb. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.13 - 0.053
=0.077

Operating Liabilities(Q: Feb. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.428 - 0.039 - 0
=1.389

* 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.


CENTR Brands Scaled Net Operating Assets Related Terms

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CENTR Brands (XCNQ:CNTR) Business Description

Traded in Other Exchanges
Address
2318 Oak Street, Suite 100, Vancouver, BC, CAN, V6H 4J1
CENTR Brands Corp is a Canada-based company involved in the development and marketing of beverages infused with hemp-derived extracts and derivatives. It is focused on the creation and launch of the brand for the cannabidiol (CBD) infused beverage industry. The company's first product, CENTR, is a sparkling, low-calorie, CBD beverage.
Executives
Arjan Jagiit Chima Director, Senior Officer

CENTR Brands (XCNQ:CNTR) Headlines

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