Avitar (Avitar) Total Equity : $-11.10 Mil (As of Dec. 2007)

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What is Avitar Total Equity?

Avitar's total equity for the quarter that ended in Dec. 2007 was $-11.10 Mil.

This is Residual interest, including minority interest, that remains in the assets of the enterprise after deducting its liabilities. Equity is increased by owners’ investments and by comprehensive income, and it is reduced by distributions to the owners.

Avitar Total Equity Historical Data

The historical data trend for Avitar's Total Equity 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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Avitar Total Equity Chart

Avitar Annual Data

Trend

Sep98

Sep99

Sep00

Sep01

Sep02

Sep03

Sep04

Sep05

Sep06

Sep07

Total Equity

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-1.58

-0.67

-4.61

-8.18

-9.85

Avitar Quarterly Data
	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07
Total Equity	Get a 7-Day Free Trial															-8.98	-9.72	-9.23	-9.85	-11.10

Avitar Total Equity Calculation

Total Equity and Total Liabilities are the two components for Total Assets.

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

Total Equity	=	Total Assets(Q: Sep. 2007 )	-	Total Liabilities(Q: Sep. 2007 )
	=	1.748	-	11.594
	=	-9.85

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

Total Equity	=	Total Assets(Q: Dec. 2007 )	-	Total Liabilities(Q: Dec. 2007 )
	=	1.452	-	12.551
	=	-11.10

Avitar Total Equity Related Terms

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Avitar (Avitar) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Avitar Inc (OTCPK:AVTI) » Definitions » Total Equity

Comparable Companies

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.