Binovi Technologies (Binovi Technologies) Total Assets : $0.85 Mil (As of Feb. 2022)

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What is Binovi Technologies Total Assets?

Binovi Technologies's Total Assets for the quarter that ended in Feb. 2022 was $0.85 Mil.

Total Assets is connected with ROA %. Binovi Technologies's annualized ROA % for the quarter that ended in Feb. 2022 was -692.62%. Total Assets is also linked to Revenue through Asset Turnover. Binovi Technologies's Asset Turnover for the quarter that ended in Feb. 2022 was -0.01.

Binovi Technologies Total Assets Historical Data

The historical data trend for Binovi Technologies'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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Binovi Technologies Total Assets Chart

Binovi Technologies Annual Data

Trend

Feb13

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Total Assets

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1.34

3.71

2.61

9.59

0.85

Binovi Technologies Quarterly Data
	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22
Total Assets	Get a 7-Day Free Trial															9.59	11.06	10.08	10.29	0.85

Binovi Technologies 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.

Binovi Technologies's Total Assets for the fiscal year that ended in Feb. 2022 is calculated as

Total Assets	=	Total Equity (A: Feb. 2022 )	+	Total Liabilities (A: Feb. 2022 )
	=	-1.828	+	2.68
	=	0.85

Binovi Technologies's Total Assets for the quarter that ended in Feb. 2022 is calculated as

Total Assets	=	Total Equity (Q: Feb. 2022 )	+	Total Liabilities (Q: Feb. 2022 )
	=	-1.828	+	2.68
	=	0.85

Binovi Technologies (OTCPK:BNVIF) Total Assets Explanation

Total Assets is connected with ROA %.

Binovi Technologies's annualized ROA % for the quarter that ended in Feb. 2022 is

ROA %	=	Net Income (Q: Feb. 2022 )	/	( (Total Assets (Q: Nov. 2021 )	+	Total Assets (Q: Feb. 2022 ))	/ count )
	=	-38.596	/	( (10.292	+	0.853)	/ 2 )
	=	-38.596	/	5.5725
	=	-692.62 %

Note: The Net Income data used here is four times the quarterly (Feb. 2022) 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.

Binovi Technologies's Asset Turnover for the quarter that ended in Feb. 2022 is

	Asset Turnover
=	Revenue (Q: Feb. 2022 )	/	( (Total Assets (Q: Nov. 2021 )	+	Total Assets (Q: Feb. 2022 ))	/ count )
=	-0.057	/	( (10.292	+	0.853)	/ 2 )
=	-0.057	/	5.5725
=	-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.

Binovi Technologies Total Assets Related Terms

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Binovi Technologies (Binovi Technologies) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Binovi Technologies Corp (OTCPK:BNVIF) » Definitions » Total Assets

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Address

1055 West Georgia Street, Suite 1500, Vancouver, BC, CAN, V6E 4N7

Website

https://www.binovi.com

Binovi Technologies Corp is engaged in the development and commercialization of visual and neuro-cognitive processing products and manufacturing hardware and software for diagnosing and remediating visual perception disorders. The company has three geographical segments; the United States, Canada, and Other. it derives a majority of its revenue from the United States.