CNTRF (CENTR Brands) Total Assets : $0.15 Mil (As of Aug. 2024)

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What is CENTR Brands Total Assets?

CENTR Brands's Total Assets for the quarter that ended in Aug. 2024 was $0.15 Mil.

During the past 12 months, CENTR Brands's average Total Assets Growth Rate was -98.30% per year. During the past 3 years, the average Total Assets Growth Rate was -78.80% per year. During the past 5 years, the average Total Assets Growth Rate was -30.60% per year.

During the past 13 years, CENTR Brands's highest 3-Year average Total Assets Growth Rate was 261.20%. The lowest was -78.80%. And the median was 42.20%.

Total Assets is connected with ROA %. CENTR Brands's annualized ROA % for the quarter that ended in Aug. 2024 was -266.67%. Total Assets is also linked to Revenue through Asset Turnover. CENTR Brands's Asset Turnover for the quarter that ended in Aug. 2024 was 0.00.

CENTR Brands Total Assets Historical Data

The historical data trend for CENTR Brands'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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CENTR Brands Total Assets Chart

CENTR Brands Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

May24

Total Assets

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0.99

2.38

5.89

3.64

0.05

CENTR Brands Quarterly Data
	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Feb24	May24	Aug24
Total Assets	Get a 7-Day Free Trial															3.64	2.55	0.10	0.05	0.15

CENTR Brands 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.

CENTR Brands's Total Assets for the fiscal year that ended in May. 2024 is calculated as

Total Assets	=	Total Equity (A: May. 2024 )	+	Total Liabilities (A: May. 2024 )
	=	-0.936	+	0.985
	=	0.05

CENTR Brands's Total Assets for the quarter that ended in Aug. 2024 is calculated as

Total Assets	=	Total Equity (Q: Aug. 2024 )	+	Total Liabilities (Q: Aug. 2024 )
	=	-1.344	+	1.496
	=	0.15

CENTR Brands (OTCPK:CNTRF) Total Assets Explanation

Total Assets is connected with ROA %.

CENTR Brands's annualized ROA % for the quarter that ended in Aug. 2024 is

ROA %	=	Net Income (Q: Aug. 2024 )	/	( (Total Assets (Q: May. 2024 )	+	Total Assets (Q: Aug. 2024 ))	/ count )
	=	-0.268	/	( (0.049	+	0.152)	/ 2 )
	=	-0.268	/	0.1005
	=	-266.67 %

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

CENTR Brands's Asset Turnover for the quarter that ended in Aug. 2024 is

	Asset Turnover
=	Revenue (Q: Aug. 2024 )	/	( (Total Assets (Q: May. 2024 )	+	Total Assets (Q: Aug. 2024 ))	/ count )
=	0	/	( (0.049	+	0.152)	/ 2 )
=	0	/	0.1005
=	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.

CENTR Brands Total Assets Related Terms

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CENTR Brands Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » CENTR Brands Corp (OTCPK:CNTRF) » Definitions » Total Assets

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Traded in Other Exchanges

3030:Germany CNTR:Canada

Address

507-837 West Hastings Street, Suite 100, Vancouver, BC, CAN, V6C 3N6

Website

https://www.findyourcentr.com

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.

CENTR Brands Headlines

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