Xebra Brands (XCNQ:XBRA) Total Assets : C$1.29 Mil (As of Nov. 2023)

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What is Xebra Brands Total Assets?

Xebra Brands's Total Assets for the quarter that ended in Nov. 2023 was C$1.29 Mil.

During the past 12 months, Xebra Brands's average Total Assets Growth Rate was -43.10% per year. During the past 3 years, the average Total Assets Growth Rate was -35.50% per year.

During the past 4 years, Xebra Brands's highest 3-Year average Total Assets Growth Rate was -35.50%. The lowest was -35.50%. And the median was -35.50%.

Total Assets is connected with ROA %. Xebra Brands's annualized ROA % for the quarter that ended in Nov. 2023 was -28.47%. Total Assets is also linked to Revenue through Asset Turnover. Xebra Brands's Asset Turnover for the quarter that ended in Nov. 2023 was 0.03.

Xebra Brands Total Assets Historical Data

The historical data trend for Xebra 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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Xebra Brands Total Assets Chart

Xebra Brands Annual Data

Trend

Feb20

Feb21

Feb22

Feb23

Total Assets

5.14

3.60

2.90

1.32

Xebra Brands Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Total Assets	Get a 7-Day Free Trial											2.16	1.32	1.26	1.16	1.29

Xebra 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.

Xebra Brands's Total Assets for the fiscal year that ended in Feb. 2023 is calculated as

Total Assets	=	Total Equity (A: Feb. 2023 )	+	Total Liabilities (A: Feb. 2023 )
	=	0.552	+	0.772
	=	1.32

Xebra Brands's Total Assets for the quarter that ended in Nov. 2023 is calculated as

Total Assets	=	Total Equity (Q: Nov. 2023 )	+	Total Liabilities (Q: Nov. 2023 )
	=	0.416	+	0.87
	=	1.29

Xebra Brands (XCNQ:XBRA) Total Assets Explanation

Total Assets is connected with ROA %.

Xebra Brands's annualized ROA % for the quarter that ended in Nov. 2023 is

ROA %	=	Net Income (Q: Nov. 2023 )	/	( (Total Assets (Q: Aug. 2023 )	+	Total Assets (Q: Nov. 2023 ))	/ count )
	=	-0.348	/	( (1.159	+	1.286)	/ 2 )
	=	-0.348	/	1.2225
	=	-28.47 %

Note: The Net Income data used here is four times the quarterly (Nov. 2023) 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.

Xebra Brands's Asset Turnover for the quarter that ended in Nov. 2023 is

	Asset Turnover
=	Revenue (Q: Nov. 2023 )	/	( (Total Assets (Q: Aug. 2023 )	+	Total Assets (Q: Nov. 2023 ))	/ count )
=	0.031	/	( (1.159	+	1.286)	/ 2 )
=	0.031	/	1.2225
=	0.03

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.

Xebra Brands Total Assets Related Terms

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Xebra Brands (XCNQ:XBRA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Xebra Brands Ltd (XCNQ:XBRA) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

XBRAF:USA 9YC0:Germany

Address

1090 Hamilton Street, Vancouver, BC, CAN, V6B 2R9

Website

https://www.xebrabrands.com

Xebra Brands Ltd is focused on cannabis cultivation and products, with global brands and intellectual property. Its products cover wellness and leisure and include beverages. It has one reportable business segment, being the cultivation, processing, manufacturing, design and delivery of cannabis products.

Xebra Brands (XCNQ:XBRA) Headlines

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