VIVXF (Avivagen) Net Cash per Share: $-0.09 (As of Jul. 2023)

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What is Avivagen Net Cash per Share?

Avivagen VIVXF -99.00% Net Cash per Share is $-0.09 as of Jul. 2023.

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Avivagen's Net Cash per Share for the quarter that ended in Jul. 2023 was $-0.09.

The historical rank and industry rank for Avivagen's Net Cash per Share or its related term are showing as below:

VIVXF's Price-to-Net-Cash is not ranked *
in the Drug Manufacturers industry.
Industry Median: 8.78
* Ranked among companies with meaningful Price-to-Net-Cash only.

Avivagen  (OTCPK:VIVXF) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Avivagen Net Cash per Share Related Terms


Avivagen Net Cash per Share Historical Data

* Premium members only.

The historical data trend for Avivagen's Net Cash per Share 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.

Avivagen Net Cash per Share Chart

Avivagen Annual Data
Trend Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.02 -0.09 -0.11 -0.09 -0.07

Avivagen Quarterly Data
Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23
Net Cash per Share 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 -0.07 -0.07 -0.07 -0.08 -0.09

VIVXF vs DMKPQ, MJNE, ACORQ: Net Cash per Share Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Avivagen's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Avivagen Price-to-Net-Cash vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Avivagen's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Avivagen's Price-to-Net-Cash falls into.



Avivagen Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Avivagen's Net Cash per Share for the fiscal year that ended in Oct. 2022 is calculated as

Net Cash per Share (A: Oct. 2022 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.21293794215755-5.3878618818958-0)/77.187355
=-0.07

Avivagen's Net Cash per Share for the quarter that ended in Jul. 2023 is calculated as

Net Cash per Share (Q: Jul. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.013054510921178-7.2463035137702-0)/77.6947
=-0.09

* 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.

Frequently Asked Questions Learn more about Net Cash per Share →
What does a Net Cash per Share of $-0.09 mean?
Avivagen (VIVXF) has a Net Cash per Share of $-0.09 as of Jul. 2023. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Avivagen and its competitors.
Is Avivagen's Net Cash per Share too high?
Avivagen's current Net Cash per Share is $-0.09.
How does Avivagen's Net Cash per Share compare to DMKPQ and MJNE?
Avivagen's Net Cash per Share of $-0.09 can be compared against companies in the Drug Manufacturers industry. The industry median Net Cash per Share is 8.78. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for a Drug Manufacturers company?
The median Net Cash per Share among Drug Manufacturers companies is 8.78, based on 256 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Avivagen and its competitors. For the Drug Manufacturers industry, the median Net Cash per Share is 8.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avivagen's current Net Cash per Share is $-0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avivagen stock overvalued right now?
Avivagen (VIVXF) has a current Net Cash per Share of $-0.09. The current Net Cash per Share is $-0.09. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Avivagen (VIVXF), the current Net Cash per Share is $-0.09 as of Jul. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Avivagen Business Description

Address 100 Sussex Drive, Ottawa, ON, CAN, K1A 0R6
Avivagen Inc OxC-beta technology is derived from Avivagen discoveries about Beta-carotene and other carotenoids, compounds that give certain fruits and vegetables their bright colours. Through support of immune function the technology provides a non-antibiotic means of promoting health and growth. OxCbeta Livestock is a proprietary product shown to be an effective and economic alternative to the antibiotics commonly added to livestock feeds. Avivagen's OxC-beta Livestock product is safe, effective and could fulfill the global mandate to remove all in-feed antibiotics as growth promoters.