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Avitar (Avitar) Total Assets : $1.45 Mil (As of Dec. 2007)


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What is Avitar Total Assets?

Avitar's Total Assets for the quarter that ended in Dec. 2007 was $1.45 Mil.

Total Assets is connected with ROA %. Avitar's annualized ROA % for the quarter that ended in Dec. 2007 was -332.50%. Total Assets is also linked to Revenue through Asset Turnover. Avitar's Asset Turnover for the quarter that ended in Dec. 2007 was 0.32.


Avitar Total Assets Historical Data

The historical data trend for Avitar'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.

Avitar Total Assets Chart

Avitar Annual Data
Trend Sep98 Sep99 Sep00 Sep01 Sep02 Sep03 Sep04 Sep05 Sep06 Sep07
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.67 2.35 2.43 2.35 1.75

Avitar Quarterly Data
Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.06 1.72 1.68 1.75 1.45

Avitar 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.

Avitar's Total Assets for the fiscal year that ended in Sep. 2007 is calculated as

Total Assets=Total Equity (A: Sep. 2007 )+Total Liabilities (A: Sep. 2007 )
=-9.846+11.594
=1.75

Avitar's Total Assets for the quarter that ended in Dec. 2007 is calculated as

Total Assets=Total Equity (Q: Dec. 2007 )+Total Liabilities (Q: Dec. 2007 )
=-11.099+12.551
=1.45

* 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.


Avitar  (OTCPK:AVTI) Total Assets Explanation

Total Assets is connected with ROA %.

Avitar's annualized ROA % for the quarter that ended in Dec. 2007 is

ROA %=Net Income (Q: Dec. 2007 )/( (Total Assets (Q: Sep. 2007 )+Total Assets (Q: Dec. 2007 ))/ count )
=-5.32/( (1.748+1.452)/ 2 )
=-5.32/1.6
=-332.50 %

Note: The Net Income data used here is four times the quarterly (Dec. 2007) 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.

Avitar's Asset Turnover for the quarter that ended in Dec. 2007 is

Asset Turnover
=Revenue (Q: Dec. 2007 )/( (Total Assets (Q: Sep. 2007 )+Total Assets (Q: Dec. 2007 ))/ count )
=0.505/( (1.748+1.452)/ 2 )
=0.505/1.6
=0.32

* 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.

Avitar Total Assets Related Terms

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Avitar (Avitar) Business Description

Traded in Other Exchanges
N/A
Address
5005 Elbow Drive SW, Suite 207, Calgary, AB, CAN, T2S 1T9
Website
Avitar Inc, through its subsidiary Avitar Technologies, develops, manufactures, and markets products for oral fluid diagnostics, disease and clinical testing, and wound treating.

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