TDNT (Trident Brands) Total Assets: $0.75 Mil (As of May. 2022)


What is Trident Brands Total Assets?

Trident Brands TDNT Total Assets is $0.75 Mil as of May. 2022.

Trident Brands's Total Assets for the quarter that ended in May. 2022 was $0.75 Mil.

Total Assets is connected with ROA %. Trident Brands's annualized ROA % for the quarter that ended in May. 2022 was -341.75%. Total Assets is also linked to Revenue through Asset Turnover. Trident Brands's Asset Turnover for the quarter that ended in May. 2022 was 0.15.

Trident Brands  (OTCPK:TDNT) Total Assets Explanation

Total Assets is connected with ROA %.

Trident Brands's annualized ROA % for the quarter that ended in May. 2022 is

ROA %=Net Income (Q: May. 2022 )/( (Total Assets (Q: Feb. 2022 )+Total Assets (Q: May. 2022 ))/ count )
=-2.816/( (0.899+0.749)/ 2 )
=-2.816/0.824
=-341.75 %

Note: The Net Income data used here is four times the quarterly (May. 2022) 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.

Trident Brands's Asset Turnover for the quarter that ended in May. 2022 is

Asset Turnover
=Revenue (Q: May. 2022 )/( (Total Assets (Q: Feb. 2022 )+Total Assets (Q: May. 2022 ))/ count )
=0.125/( (0.899+0.749)/ 2 )
=0.125/0.824
=0.15

* 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.

Trident Brands Total Assets Related Terms

Trident Brands Total Assets Historical Data

* Premium members only.

The historical data trend for Trident 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.

Trident Brands Total Assets Chart

Trident Brands Annual Data
Trend Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.72 6.10 3.95 1.93 1.06

Trident Brands Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22
Total 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 1.78 1.61 1.06 0.90 0.75

Trident 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.

Trident Brands's Total Assets for the fiscal year that ended in Nov. 2021 is calculated as

Total Assets=Total Equity (A: Nov. 2021 )+Total Liabilities (A: Nov. 2021 )
=-31.17+32.23
=1.06

Trident Brands's Total Assets for the quarter that ended in May. 2022 is calculated as

Total Assets=Total Equity (Q: May. 2022 )+Total Liabilities (Q: May. 2022 )
=-32.586+33.336
=0.75

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $0.75 Mil mean?
Trident Brands (TDNT) has a Total Assets of $0.75 Mil as of May. 2022. The total amount of assets as recorded on a company's balance sheet. View historical data on Trident Brands and its competitors.
Is Trident Brands' Total Assets too high?
Trident Brands' current Total Assets is $0.75 Mil.
How does Trident Brands' Total Assets compare to SKVI and QNTA?
Trident Brands' Total Assets of $0.75 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Consumer Packaged Goods company?
A good Total Assets depends on the Consumer Packaged Goods industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Trident Brands and its competitors. Trident Brands's current Total Assets is $0.75 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trident Brands stock overvalued right now?
Trident Brands (TDNT) has a current Total Assets of $0.75 Mil. The current Total Assets is $0.75 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Trident Brands (TDNT), the current Total Assets is $0.75 Mil as of May. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Trident Brands Business Description

Address 433 Plaza Real, Suite 275, Boca Raton, FL, USA, 33432
Trident Brands Inc is a consumer product company. It is focused on developing high growth branded and private label consumer products and ingredients within the nutritional supplement, life sciences, and food and beverage categories. It offers consumer products, including nutritional products and supplements under the Everlast and Brain Armor brands. The company's brands focus on supplements, nutritional products, and heart and brain health categories. In addition, the firm also offers various banking facilities. Geographically business activity functions through the region of the United States and derives a majority of its revenue from the sale of products.