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Centuri Holdings (Centuri Holdings) Total Assets : $2,119.3 Mil (As of Mar. 2024)


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What is Centuri Holdings Total Assets?

Centuri Holdings's Total Assets for the quarter that ended in Mar. 2024 was $2,119.3 Mil.

During the past 12 months, Centuri Holdings's average Total Assets Growth Rate was -9.80% per year.

Total Assets is connected with ROA %. Centuri Holdings's annualized ROA % for the quarter that ended in Mar. 2024 was -4.64%. Total Assets is also linked to Revenue through Asset Turnover. Centuri Holdings's Asset Turnover for the quarter that ended in Mar. 2024 was 0.24.

Centuri Holdings Total Assets Historical Data

The historical data trend for Centuri Holdings'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.

Centuri Holdings Total Assets Chart

Centuri Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Assets
- 2,567.64 2,453.86 2,198.92

Centuri Holdings Quarterly Data
Dec20 Dec21 Dec22 Mar23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial 2,567.64 2,453.86 - 2,198.92 2,119.31

Centuri Holdings 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.

Centuri Holdings'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 )
=615.527+1583.396
=2,198.9

Centuri Holdings'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 )
=202.279+1917.027
=2,119.3

* 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.

Centuri Holdings  (NYSE:CTRI) Total Assets Explanation

Total Assets is connected with ROA %.

Centuri Holdings'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 )
=-100.232/( (2198.923+2119.306)/ 2 )
=-100.232/2159.1145
=-4.64 %

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.

Centuri Holdings'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 )
=528.023/( (2198.923+2119.306)/ 2 )
=528.023/2159.1145
=0.24

* 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.

Centuri Holdings Total Assets Related Terms

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Centuri Holdings (Centuri Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Centuri Holdings Inc (NYSE:CTRI) » Definitions » Total Assets
Comparable Companies
Traded in Other Exchanges
N/A
Address
19820 North 7th Avenue, Suite 120, Phoenix, AZ, USA, 85027
Website
https://www.centuri.com
Centuri Holdings Inc is a pure-play North American utility infrastructure services company that partners with regulated utilities to maintain, upgrade and expand the energy network that powers millions of homes and businesses. Its service offerings primarily consist of the modernization of utility infrastructure through the maintenance, retrofitting and installation of electric and natural gas distribution networks to meet current and future demands while also preparing systems for the transition to clean energy sources. They operate under two primary lines of business which includes Gas Utility Services and Electric Utility Services it is also their two reportable segments as well.

Centuri Holdings (Centuri Holdings) Headlines

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Director Charles Patton Acquires 11,000 Shares of Centuri Holdings Inc (CTRI)

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