DVNCF (Danavation Technologies) Total Assets: $1.87 Mil (As of Jan. 2024)

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What is Danavation Technologies Total Assets?

Danavation Technologies DVNCF -99.95% Total Assets is $1.87 Mil as of Jan. 2024.

Danavation Technologies's Total Assets for the quarter that ended in Jan. 2024 was $1.87 Mil.

Total Assets is connected with ROA %. Danavation Technologies's annualized ROA % for the quarter that ended in Jan. 2024 was -173.61%. Total Assets is also linked to Revenue through Asset Turnover. Danavation Technologies's Asset Turnover for the quarter that ended in Jan. 2024 was 0.01.

Danavation Technologies  (OTCPK:DVNCF) Total Assets Explanation

Total Assets is connected with ROA %.

Danavation Technologies's annualized ROA % for the quarter that ended in Jan. 2024 is

ROA %=Net Income (Q: Jan. 2024 )/( (Total Assets (Q: Oct. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=-3.3343574939299/( (1.9740947235728+1.8671052730063)/ 2 )
=-3.3343574939299/1.9205999982895
=-173.61 %

Note: The Net Income data used here is four times the quarterly (Jan. 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.

Danavation Technologies's Asset Turnover for the quarter that ended in Jan. 2024 is

Asset Turnover
=Revenue (Q: Jan. 2024 )/( (Total Assets (Q: Oct. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=0.01405651404646/( (1.9740947235728+1.8671052730063)/ 2 )
=0.01405651404646/1.9205999982895
=0.01

* 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.

Danavation Technologies Total Assets Related Terms

Danavation Technologies Total Assets Historical Data

* Premium members only.

The historical data trend for Danavation 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.

Danavation Technologies Total Assets Chart

Danavation Technologies Annual Data
Trend Dec12 Dec13 Dec16 Dec17 Dec18 Dec19 Dec20 Jul21 Jul22 Jul23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 0.53 3.12 2.70 2.15

Danavation Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 2.78 2.20 2.15 1.97 1.87

Danavation 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.

Danavation Technologies's Total Assets for the fiscal year that ended in Jul. 2023 is calculated as

Total Assets=Total Equity (A: Jul. 2023 )+Total Liabilities (A: Jul. 2023 )
=-3.9431734093067+6.0883973409307
=2.15

Danavation Technologies's Total Assets for the quarter that ended in Jan. 2024 is calculated as

Total Assets=Total Equity (Q: Jan. 2024 )+Total Liabilities (Q: Jan. 2024 )
=-5.3889936753864+7.2560989483927
=1.87

* 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 $1.87 Mil mean?
Danavation Technologies (DVNCF) has a Total Assets of $1.87 Mil as of Jan. 2024. The total amount of assets as recorded on a company's balance sheet. View historical data on Danavation Technologies and its competitors.
Is Danavation Technologies' Total Assets too high?
Danavation Technologies' current Total Assets is $1.87 Mil.
How does Danavation Technologies' Total Assets compare to PRST and BOMO?
Danavation Technologies' Total Assets of $1.87 Mil can be compared against companies in the Software 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 Software company?
A good Total Assets depends on the Software 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 Danavation Technologies and its competitors. Danavation Technologies's current Total Assets is $1.87 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Danavation Technologies stock overvalued right now?
Danavation Technologies (DVNCF) has a current Total Assets of $1.87 Mil. The current Total Assets is $1.87 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 Danavation Technologies (DVNCF), the current Total Assets is $1.87 Mil as of Jan. 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.

Danavation Technologies Business Description

Address 21 Roybridge Gate, Woodbridge, Vaughan, ON, CAN, L4H 1E6
Danavation Technologies Corp is an internet of things(IoT) technology company, that provides micro e-paper displays to organizations across North America. The company's Digital Smart Labels, powered by IoT automation technology and software Platform-as-a-Service, enables companies across various sectors to automate labelling, price, product, and promotions in real-time, enhancing data accuracy and improving performance by removing high labour costs and low productivity associated with traditional labour-intensive workflows. The primary revenue streams are; Hardware, Installation and configuration and Software agreements.