Century Next Financial's Total Assets for the quarter that ended in Sep. 2024 was $857.67 Mil.
Warning Sign:
If a company builds assets at 9.1% a year, faster than its revenue growth rate of 5.9% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Century Next Financial's average Total Assets Growth Rate was 1.80% per year.
During the past 3 years, the average Total Assets Growth Rate was 11.50% per year.
During the past 5 years, the average Total Assets Growth Rate was 9.10% per year.
During the past 10 years, the average Total Assets Growth Rate was 20.50% per year.
During the past 13 years, Century Next Financial's highest 3-Year average Total Assets Growth Rate was 31.30%. The lowest was 4.70%. And the median was 23.85%.
* 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.
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.
Century Next Financial's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Century Next Financial (OTCPK:CTUY) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Sep. 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.
Century Next Financial's Asset Turnover for the quarter that ended in Sep. 2024 is
* 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.
Century Next Financial Total Assets Related Terms
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Century Next Financial Corp is the United States-based holding company for Bank of Ruston. The Bank is a full-service bank that emphasizes professional and personal banking services directed to small and medium-sized businesses, professionals, and individuals. The Bank provides a full range of banking services including its business of real estate lending to residential and commercial customers.
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