KVMD (Kelvin Medical) Total Assets: $0.04 Mil (As of Mar. 2018)


What is Kelvin Medical Total Assets?

Kelvin Medical KVMD Total Assets is $0.04 Mil as of Mar. 2018.

Kelvin Medical's Total Assets for the quarter that ended in Mar. 2018 was $0.04 Mil.

Total Assets is connected with ROA %. Kelvin Medical's annualized ROA % for the quarter that ended in Mar. 2018 was -354.84%. Total Assets is also linked to Revenue through Asset Turnover. Kelvin Medical's Asset Turnover for the quarter that ended in Mar. 2018 was 0.00.

Kelvin Medical  (OTCPK:KVMD) Total Assets Explanation

Total Assets is connected with ROA %.

Kelvin Medical's annualized ROA % for the quarter that ended in Mar. 2018 is

ROA %=Net Income (Q: Mar. 2018 )/( (Total Assets (Q: Dec. 2017 )+Total Assets (Q: Mar. 2018 ))/ count )
=-0.22/( (0.087+0.037)/ 2 )
=-0.22/0.062
=-354.84 %

Note: The Net Income data used here is four times the quarterly (Mar. 2018) 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.

Kelvin Medical's Asset Turnover for the quarter that ended in Mar. 2018 is

Asset Turnover
=Revenue (Q: Mar. 2018 )/( (Total Assets (Q: Dec. 2017 )+Total Assets (Q: Mar. 2018 ))/ count )
=0/( (0.087+0.037)/ 2 )
=0/0.062
=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.

Kelvin Medical Total Assets Related Terms

Kelvin Medical Total Assets Historical Data

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The historical data trend for Kelvin Medical'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.

Kelvin Medical Total Assets Chart

Kelvin Medical Annual Data
Trend Jun16 Jun17
Total Assets
0.06 0.02

Kelvin Medical Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
Total Assets Get a 7-Day Free Trial 0.07 0.02 0.01 0.09 0.04

Kelvin Medical 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.

Kelvin Medical's Total Assets for the fiscal year that ended in Jun. 2017 is calculated as

Total Assets=Total Equity (A: Jun. 2017 )+Total Liabilities (A: Jun. 2017 )
=-0.009+0.029
=0.02

Kelvin Medical's Total Assets for the quarter that ended in Mar. 2018 is calculated as

Total Assets=Total Equity (Q: Mar. 2018 )+Total Liabilities (Q: Mar. 2018 )
=-0.006+0.043
=0.04

* 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 $0.04 Mil mean?
Kelvin Medical (KVMD) has a Total Assets of $0.04 Mil as of Mar. 2018. The total amount of assets as recorded on a company's balance sheet. View historical data on Kelvin Medical and its competitors.
Is Kelvin Medical's Total Assets too high?
Kelvin Medical's current Total Assets is $0.04 Mil.
How does Kelvin Medical's Total Assets compare to XTNT and ACRX?
Kelvin Medical's Total Assets of $0.04 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 Kelvin Medical and its competitors. Kelvin Medical's current Total Assets is $0.04 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kelvin Medical stock overvalued right now?
Kelvin Medical (KVMD) has a current Total Assets of $0.04 Mil. The current Total Assets is $0.04 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 Kelvin Medical (KVMD), the current Total Assets is $0.04 Mil as of Mar. 2018. 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.

Kelvin Medical Business Description

Address 10930 Skyranch Place, Nevada, CA, USA, 95959
Kelvin Medical Inc is a consumer medical device company. It is engaged in the development, production, and sale of medical devices. The company intends to serve the healthcare services companies who specialize in the distribution of medical products, pharmacies, representatives and sporting goods stores. The company has developed the Therm-N-Ice is a wearable consumer medical device.