Real Brands (Real Brands) Total Assets : $1.20 Mil (As of Mar. 2024)

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What is Real Brands Total Assets?

Real Brands's Total Assets for the quarter that ended in Mar. 2024 was $1.20 Mil.

During the past 12 months, Real Brands's average Total Assets Growth Rate was 3.90% per year. During the past 3 years, the average Total Assets Growth Rate was -13.80% per year. During the past 5 years, the average Total Assets Growth Rate was 146.20% per year.

During the past 10 years, Real Brands's highest 3-Year average Total Assets Growth Rate was 974.60%. The lowest was -83.50%. And the median was 108.60%.

Total Assets is connected with ROA %. Real Brands's annualized ROA % for the quarter that ended in Mar. 2024 was -48.97%. Total Assets is also linked to Revenue through Asset Turnover. Real Brands's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

Real Brands Total Assets Historical Data

The historical data trend for Real 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.

* Premium members only.

Real Brands Total Assets Chart

Real Brands Annual Data

Trend

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec20

Dec21

Dec22

Dec23

Total Assets

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3.74

2.13

1.44

1.16

1.28

Real Brands Quarterly Data
	Sep07	Dec07	Mar08	Jun08	Sep08	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															1.14	1.24	1.22	1.28	1.20

Real 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.

Real Brands'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 )
	=	-1.304	+	2.584
	=	1.28

Real Brands'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 )
	=	-1.441	+	2.644
	=	1.20

Real Brands (OTCPK:RLBD) Total Assets Explanation

Total Assets is connected with ROA %.

Real Brands'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 )
	=	-0.608	/	( (1.28	+	1.203)	/ 2 )
	=	-0.608	/	1.2415
	=	-48.97 %

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.

Real Brands'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 )
=	0	/	( (1.28	+	1.203)	/ 2 )
=	0	/	1.2415
=	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.

Real Brands Total Assets Related Terms

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Real Brands (Real Brands) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Real Brands Inc (OTCPK:RLBD) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

12 Humbert Street, North Providence, RI, USA, 02991

Website

https://www.realbrandsusa.com

Real Brands Inc is a brand-building company in the legal hemp and cannabis industry. Its brand includes CBD Pharmacy, Omega Hemp, Hempaid, and Humboldt among others. The company sells its hemp-based products to the wholesale and retail markets.

Executives

James Wells Dobbins	director	5201 INTERCHANGE WAY, LOUISVILLE KY 40229
Thomas Kidrin	officer: President and CEO	11 ROYAL ROAD, BROOKLINE MA 02445
Christopher John Ryan	officer: CFO	11 ROYAL RD, BROOKLINE MA 02445
Leonard Toboroff	director	39 N MOORE ST, STE 6B, NEW YORK NY 10013
Peter N Christos	director
Turning Point Brands, Inc.	10 percent owner	5201 INTERCHANGE WAY, LOUISVILLE KY 40229
Brett S. Spitalny	officer: Chief Operating Officer	2 SOUTH UNIVERSITY DRIVE, SUITE 220, PLANTATION FL 33324
Jerry Pearring	director, officer: President & CEO	2 SOUTH UNIVERSITY DRIVE, SUITE 220, PLANTATION FL 33324
Ross E Silvey	director	7633 EAST 63RD PLACE, #220, TULSA OK 74133
Terry J Turner	director	7633 EAST 63RD PLACE, #220, TULSA OK 74133
Bernie Gurr	officer: Chief Financial Officer	32751 MATTHEW DRIVE, DANA POINT CA 92629
Bruce Macgregor	officer: Chief Executive Officer, Pres.	5092 RHOADS AVENUE UNIT A, SANTA BARBARA CA 93111
Ken Wiedrich	director	43180 BUSINESS PARK DRIVE SUITE 202, TEMECULA CA 92590