Davi Luxury Brand Group (Davi Luxury Brand Group) Total Assets : $0.63 Mil (As of Mar. 2014)

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What is Davi Luxury Brand Group Total Assets?

Davi Luxury Brand Group's Total Assets for the quarter that ended in Mar. 2014 was $0.63 Mil.

Total Assets is connected with ROA %. Davi Luxury Brand Group's annualized ROA % for the quarter that ended in Mar. 2014 was -66.71%. Total Assets is also linked to Revenue through Asset Turnover. Davi Luxury Brand Group's Asset Turnover for the quarter that ended in Mar. 2014 was 0.07.

Davi Luxury Brand Group Total Assets Historical Data

The historical data trend for Davi Luxury Brand Group'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.

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Davi Luxury Brand Group Total Assets Chart

Davi Luxury Brand Group Annual Data

Trend

Sep08

Sep09

Sep10

Sep11

Sep12

Sep13

Total Assets

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0.41

0.72

0.87

Davi Luxury Brand Group Quarterly Data
	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14
Total Assets	Get a 7-Day Free Trial															0.62	0.94	0.87	0.78	0.63

Davi Luxury Brand Group 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.

Davi Luxury Brand Group's Total Assets for the fiscal year that ended in Sep. 2013 is calculated as

Total Assets	=	Total Equity (A: Sep. 2013 )	+	Total Liabilities (A: Sep. 2013 )
	=	0.445	+	0.427
	=	0.87

Davi Luxury Brand Group's Total Assets for the quarter that ended in Mar. 2014 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2014 )	+	Total Liabilities (Q: Mar. 2014 )
	=	0.297	+	0.328
	=	0.63

Davi Luxury Brand Group (OTCPK:MDAV) Total Assets Explanation

Total Assets is connected with ROA %.

Davi Luxury Brand Group's annualized ROA % for the quarter that ended in Mar. 2014 is

ROA %	=	Net Income (Q: Mar. 2014 )	/	( (Total Assets (Q: Dec. 2013 )	+	Total Assets (Q: Mar. 2014 ))	/ count )
	=	-0.468	/	( (0.778	+	0.625)	/ 2 )
	=	-0.468	/	0.7015
	=	-66.71 %

Note: The Net Income data used here is four times the quarterly (Mar. 2014) 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.

Davi Luxury Brand Group's Asset Turnover for the quarter that ended in Mar. 2014 is

	Asset Turnover
=	Revenue (Q: Mar. 2014 )	/	( (Total Assets (Q: Dec. 2013 )	+	Total Assets (Q: Mar. 2014 ))	/ count )
=	0.047	/	( (0.778	+	0.625)	/ 2 )
=	0.047	/	0.7015
=	0.07

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.

Davi Luxury Brand Group Total Assets Related Terms

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Davi Luxury Brand Group (Davi Luxury Brand Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Davi Luxury Brand Group Inc (OTCPK:MDAV) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

9426 Dayton Way, Beverly Hills, CA, USA, 90210

Website

http://www.daviskin.com

Davi Luxury Brand Group Inc is a skin care (cosmetics) company that offers a grape-vineyard, botanical based skin care products marketed under the Company's 'DAVI', 'DAVI NAPA' and 'DAVI SKIN' brand names. All of its products are, or will be sold 'over the counter.' Through licensing and other arrangements, its products are available in high-end retail stores in Asia, luxury hotels worldwide, and in-flight and duty-free shops of a global luxury airline. The Company's products compete against similar, branded products of many large and small companies.

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