ABMT (Advanced BioMedical Technologies) Total Assets: $0.40 Mil (As of Jul. 2021)


What is Advanced BioMedical Technologies Total Assets?

Advanced BioMedical Technologies ABMT Total Assets is $0.40 Mil as of Jul. 2021.

Advanced BioMedical Technologies's Total Assets for the quarter that ended in Jul. 2021 was $0.40 Mil.

Total Assets is connected with ROA %. Advanced BioMedical Technologies's annualized ROA % for the quarter that ended in Jul. 2021 was -205.15%. Total Assets is also linked to Revenue through Asset Turnover. Advanced BioMedical Technologies's Asset Turnover for the quarter that ended in Jul. 2021 was 0.00.

Advanced BioMedical Technologies  (OTCPK:ABMT) Total Assets Explanation

Total Assets is connected with ROA %.

Advanced BioMedical Technologies's annualized ROA % for the quarter that ended in Jul. 2021 is

ROA %=Net Income (Q: Jul. 2021 )/( (Total Assets (Q: Apr. 2021 )+Total Assets (Q: Jul. 2021 ))/ count )
=-0.796/( (0.379+0.397)/ 2 )
=-0.796/0.388
=-205.15 %

Note: The Net Income data used here is four times the quarterly (Jul. 2021) 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.

Advanced BioMedical Technologies's Asset Turnover for the quarter that ended in Jul. 2021 is

Asset Turnover
=Revenue (Q: Jul. 2021 )/( (Total Assets (Q: Apr. 2021 )+Total Assets (Q: Jul. 2021 ))/ count )
=0/( (0.379+0.397)/ 2 )
=0/0.388
=0.00

* 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.

Advanced BioMedical Technologies Total Assets Related Terms

Advanced BioMedical Technologies Total Assets Historical Data

* Premium members only.

The historical data trend for Advanced BioMedical 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.

Advanced BioMedical Technologies Total Assets Chart

Advanced BioMedical Technologies Annual Data
Trend Oct11 Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.09 0.14 0.22 0.47

Advanced BioMedical Technologies Quarterly Data
Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21
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 0.28 0.47 0.33 0.38 0.40

Advanced BioMedical 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.

Advanced BioMedical Technologies's Total Assets for the fiscal year that ended in Oct. 2020 is calculated as

Total Assets=Total Equity (A: Oct. 2020 )+Total Liabilities (A: Oct. 2020 )
=-7.402+7.871
=0.47

Advanced BioMedical Technologies's Total Assets for the quarter that ended in Jul. 2021 is calculated as

Total Assets=Total Equity (Q: Jul. 2021 )+Total Liabilities (Q: Jul. 2021 )
=-8.182+8.579
=0.40

* 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 Total Assets →
What does a Total Assets of $0.40 Mil mean?
Advanced BioMedical Technologies (ABMT) has a Total Assets of $0.40 Mil as of Jul. 2021. The total amount of assets as recorded on a company's balance sheet. View historical data on Advanced BioMedical Technologies and its competitors.
Is Advanced BioMedical Technologies' Total Assets too high?
Advanced BioMedical Technologies' current Total Assets is $0.40 Mil.
How does Advanced BioMedical Technologies' Total Assets compare to VYCO and ADMT?
Advanced BioMedical Technologies' Total Assets of $0.40 Mil can be compared against companies in the Medical Devices & Instruments industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Medical Devices & Instruments company?
A good Total Assets depends on the Medical Devices & Instruments industry context. However, Total Assets 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 Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Advanced BioMedical Technologies and its competitors. Advanced BioMedical Technologies's current Total Assets is $0.40 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advanced BioMedical Technologies stock overvalued right now?
Advanced BioMedical Technologies (ABMT) has a current Total Assets of $0.40 Mil. The current Total Assets is $0.40 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Advanced BioMedical Technologies (ABMT), the current Total Assets is $0.40 Mil as of Jul. 2021. 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.

Advanced BioMedical Technologies Business Description

Address 535 Fifth Avenue, 4th Floor, New York, NY, USA, 10017
Advanced BioMedical Technologies Inc is engaged in designing, developing, manufacturing, and the planned future marketing of self-reinforced, re-absorbable, biodegradable internal fixation devices. The company manufactures its products using Polyamide, and it is used in a variety of applications, which include orthopaedic trauma, sports-related medical treatment, cartilage injuries, and reconstructive dental procedures. Its Polyamide products include screws, rods, and binding wires consisting of enhanced fibres and high molecular polymers, which are designed to facilitate quick healing of complex fractures in many areas of the human skeletal system.