ABVEF (Above Food Ingredients) Total Assets: $81.9 Mil (As of Jul. 2024)

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ABVEF Above Food Ingredients Inc ABVEF
16 GF Score
Price $0.09
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What is Above Food Ingredients Total Assets?

Above Food Ingredients ABVEF -0.06% 16 Total Assets is $81.9 Mil as of Jul. 2024. GuruFocus rates ABVEF with a GF Score™ of 16/100.

Above Food Ingredients's Total Assets for the quarter that ended in Jul. 2024 was $81.9 Mil.

Total Assets is connected with ROA %. Above Food Ingredients's annualized ROA % for the quarter that ended in Jul. 2024 was -56.15%. Total Assets is also linked to Revenue through Asset Turnover. Above Food Ingredients's Asset Turnover for the quarter that ended in Jul. 2024 was 0.69.


Above Food Ingredients  (OTCPK:ABVEF) Total Assets Explanation

Total Assets is connected with ROA %.

Above Food Ingredients's annualized ROA % for the quarter that ended in Jul. 2024 is

ROA %=Net Income (Q: Jul. 2024 )/( (Total Assets (Q: Jan. 2024 )+Total Assets (Q: Jul. 2024 ))/ count )
=-53.1/( (107.195+81.926)/ 2 )
=-53.1/94.5605
=-56.15 %

Note: The Net Income data used here is two times the semi-annual (Jul. 2024) 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.

Above Food Ingredients's Asset Turnover for the quarter that ended in Jul. 2024 is

Asset Turnover
=Revenue (Q: Jul. 2024 )/( (Total Assets (Q: Jan. 2024 )+Total Assets (Q: Jul. 2024 ))/ count )
=65.672/( (107.195+81.926)/ 2 )
=65.672/94.5605
=0.69

* 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.

Above Food Ingredients Total Assets Related Terms


Above Food Ingredients Total Assets Historical Data

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The historical data trend for Above Food Ingredients'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.

Above Food Ingredients Total Assets Chart

Above Food Ingredients Annual Data
Trend Jan22 Jan23 Jan24
Total Assets
135.73 134.77 107.20

Above Food Ingredients Semi-Annual Data
Jan22 Jan23 Jul23 Jan24 Jul24
Total Assets 135.73 134.77 0.00 107.20 81.93
ABVEF
16GF Score
Above Food Ingredients Inc ABVEF
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Above Food Ingredients 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.

Above Food Ingredients's Total Assets for the fiscal year that ended in Jan. 2024 is calculated as

Total Assets=Total Equity (A: Jan. 2024 )+Total Liabilities (A: Jan. 2024 )
=-34.462+141.657
=107.2

Above Food Ingredients's Total Assets for the quarter that ended in Jul. 2024 is calculated as

Total Assets=Total Equity (Q: Jul. 2024 )+Total Liabilities (Q: Jul. 2024 )
=-84.006+165.932
=81.9

* 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 $81.9 Mil mean?
Above Food Ingredients (ABVEF) has a Total Assets of $81.9 Mil as of Jul. 2024. The total amount of assets as recorded on a company's balance sheet. View historical data on Above Food Ingredients and its competitors.
Is Above Food Ingredients' Total Assets too high?
Above Food Ingredients' current Total Assets is $81.9 Mil. Overall, Above Food Ingredients has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Above Food Ingredients' Total Assets compare to CTGL and NATR?
Above Food Ingredients' Total Assets of $81.9 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Total Assets depends on the Consumer Packaged Goods 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 Above Food Ingredients and its competitors. Above Food Ingredients's current Total Assets is $81.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Above Food Ingredients stock overvalued right now?
Above Food Ingredients (ABVEF) has a current Total Assets of $81.9 Mil. The current Total Assets is $81.9 Mil. Above Food Ingredients' overall GF Score™ is 16/100. 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 Above Food Ingredients (ABVEF), the current Total Assets is $81.9 Mil as of Jul. 2024. 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.

Above Food Ingredients Business Description

Address 2305 Victoria Avenue, Saskatchewan, Regina, SK, CAN, S4P0S7
Above Food Ingredients Inc is a differentiated, regenerative ingredient company. Its products are made with real nutritious, flavorful ingredients and delivered with transparency. Its vision is to create a healthier world one seed, one field, and one bite at a time. With a robust chain of custody of plant proteins, enabled by scaled operations and infrastructure in primary agriculture and processing, and proprietary seed development capabilities that leverage the power of artificial intelligence driven genomics. The company delivers nutritious foods to businesses and consumers with traceability and sustainability. Above Food's consumer products and brands are available in grocers across Canada and the United States.
16GF Score

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Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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