Ambari Brands (XCNQ:AMB) Total Assets : C$0.62 Mil (As of Dec. 2023)

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What is Ambari Brands Total Assets?

Ambari Brands's Total Assets for the quarter that ended in Dec. 2023 was C$0.62 Mil.

During the past 12 months, Ambari Brands's average Total Assets Growth Rate was -93.40% per year.

Total Assets is connected with ROA %. Ambari Brands's annualized ROA % for the quarter that ended in Dec. 2023 was -363.57%. Total Assets is also linked to Revenue through Asset Turnover. Ambari Brands's Asset Turnover for the quarter that ended in Dec. 2023 was -0.08.

Ambari Brands Total Assets Historical Data

The historical data trend for Ambari 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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Ambari Brands Total Assets Chart

Ambari Brands Annual Data

Trend

Dec21

Dec22

Dec23

Total Assets

2.83

1.08

0.62

Ambari Brands Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial					1.90	1.08	1.31	1.67	0.62

Ambari 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.

Ambari 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 )
	=	0.482	+	0.137
	=	0.62

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

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	0.482	+	0.137
	=	0.62

Ambari Brands (XCNQ:AMB) Total Assets Explanation

Total Assets is connected with ROA %.

Ambari Brands's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-4.152	/	( (1.666	+	0.618)	/ 2 )
	=	-4.152	/	1.142
	=	-363.57 %

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

Ambari Brands's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	-0.089	/	( (1.666	+	0.618)	/ 2 )
=	-0.089	/	1.142
=	-0.08

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.

Ambari Brands Total Assets Related Terms

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Ambari Brands (XCNQ:AMB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Ambari Brands Inc (XCNQ:AMB) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

AMBBF:USA Y92:Germany

Address

905 West Pender Street, 6th Floor, Vancouver, BC, CAN, V6C 1L6

Website

https://www.ambaribeauty.com

Ambari Brands Incy is an emerging cosmetic company. It is a luxury, performance-driven skincare company, whose line of products is based on its customized Blend, which combines high levels of active ingredients, smart adaptogens, and broad-spectrum CBD. The firm has developed three core products - the Gold Profection22 Mask, the PM Active12 Serum and the Complex4 Hydrator Cream. The company's products are currently sold directly through its e-commerce platform, as well as through select luxury retailers online.

Ambari Brands (XCNQ:AMB) Headlines

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