Century Next Financial (Century Next Financial) Total Assets : $793.79 Mil (As of Mar. 2024)

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What is Century Next Financial Total Assets?

Century Next Financial's Total Assets for the quarter that ended in Mar. 2024 was $793.79 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 9.30% 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%.

Total Assets is connected with ROA %. Century Next Financial's annualized ROA % for the quarter that ended in Mar. 2024 was 1.36%. Total Assets is also linked to Revenue through Asset Turnover. Century Next Financial's Asset Turnover for the quarter that ended in Mar. 2024 was 0.01.

Century Next Financial Total Assets Historical Data

The historical data trend for Century Next Financial'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.

* Premium members only.

Century Next Financial Total Assets Chart

Century Next Financial Annual Data

Trend

Dec12

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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489.61

515.07

553.47

643.32

765.85

Century Next Financial Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															643.32	695.98	716.49	765.85	793.79

Century Next Financial 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.

Century Next Financial's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	71.893	+	693.957
	=	765.85

Century Next Financial's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	74.568	+	719.219
	=	793.79

Century Next Financial (OTCPK:CTUY) Total Assets Explanation

Total Assets is connected with ROA %.

Century Next Financial's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	10.644	/	( (765.85	+	793.787)	/ 2 )
	=	10.644	/	779.8185
	=	1.36 %

Note: The Net Income data used here is four times the quarterly (Mar. 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 Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	8.41	/	( (765.85	+	793.787)	/ 2 )
=	8.41	/	779.8185
=	0.01

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 (Century Next Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Century Next Financial Corp (OTCPK:CTUY) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

505 North Vienna Street, Ruston, LA, USA, 71270

Website

https://www.cnext.bank

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.

Executives

William D Hogan	director, officer: EVP Business Development	CENTURY NEXT FINANCIAL CORPORATION, 505 NORTH VIENNA STREET, RUSTON LA 71270
Thomas W Rogers	director	CENTURY NEXT FINANCIAL CORPORATION, 505 NORTH VIENNA STREET, RUSTON LA 71270
David Layne Weeks	officer: SVP and Chief Credit Officer*	BANK OF RUSTON, 505 N. VIENNA STREET, RUSTON LA 71270
Mark Anthony Taylor	officer: Chief Financial Officer	CENTURY NEXT FINANCIAL CORPORATION, 505 NORTH VIENNA STREET, RUSTON LA 71270
Oneal Dan E Iii	director	CENTURY NEXT FINANCIAL CORPORATION, 505 NORTH VIENNA STREET, RUSTON LA 71270
Benjamin L Denny	director, officer: President and CEO	CENTURY NEXT FINANCIAL CORPORATION, 505 NORTH VIENNA STREET, RUSTON LA 71270
Warren L Post	officer: (1) VP and Mortgage Lender	CENTURY NEXT FINANCIAL CORPORATION, 505 NORTH VIENNA STREET, RUSTON LA 71270
Lorie R Hamlin	officer: (1) VP and Operations Manager	CENTURY NEXT FINANCIAL CORPORATION, 505 NORTH VIENNA STREET, RUSTON LA 71270
James H Hall	officer: (1) SVP & Chief Credit Officer	CENTURY NEXT FINANCIAL CORPORATION, 505 NORTH VIENNA STREET, RUSTON LA 71270
Scott R Thompson	director	CENTURY NEXT FINANCIAL CORPORATION, 505 NORTH VIENNA STREET, RUSTON LA 71270
Daniel D Reneau	director	CENTURY NEXT FINANCIAL CORPORATION, 505 NORTH VIENNA STREET, RUSTON LA 71270
Barbara L Ford	officer: (1) SVP and IT Officer	CENTURY NEXT FINANCIAL CORPORATION, 505 NORTH VIENNA STREET, RUSTON LA 71270
G Randall Allison	officer: (1) Vice President and CFO	CENTURY NEXT FINANCIAL CORPORATION, 505 NORTH VIENNA STREET, RUSTON LA 71270
Neal Walpole	director	CENTURY NEXT FINANCIAL CORPORATION, 505 NORTH VIENNA STREET, RUSTON LA 71270
J Brandon Ewing	director	CENTURY NEXT FINANCIAL CORPORATION, 505 NORTH VIENNA STREET, RUSTON LA 71270