NuVim (NUVM) Total Assets: $0.02 Mil (As of Jun. 2022)

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What is NuVim Total Assets?

NuVim NUVM Total Assets is $0.02 Mil as of Jun. 2022.

NuVim's Total Assets for the quarter that ended in Jun. 2022 was $0.02 Mil.

Total Assets is connected with ROA %. NuVim's annualized ROA % for the quarter that ended in Jun. 2022 was -133.33%. Total Assets is also linked to Revenue through Asset Turnover. NuVim's Asset Turnover for the quarter that ended in Jun. 2022 was 0.00.

NuVim  (OTCPK:NUVM) Total Assets Explanation

Total Assets is connected with ROA %.

NuVim's annualized ROA % for the quarter that ended in Jun. 2022 is

ROA %=Net Income (Q: Jun. 2022 )/( (Total Assets (Q: Jun. 2021 )+Total Assets (Q: Jun. 2022 ))/ count )
=-0.02/( (0+0.015)/ 1 )
=-0.02/0.015
=-133.33 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2022) 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.

NuVim's Asset Turnover for the quarter that ended in Jun. 2022 is

Asset Turnover
=Revenue (Q: Jun. 2022 )/( (Total Assets (Q: Jun. 2021 )+Total Assets (Q: Jun. 2022 ))/ count )
=0/( (0+0.015)/ 1 )
=0/0.015
=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.

NuVim Total Assets Related Terms

NuVim Total Assets Historical Data

* Premium members only.

The historical data trend for NuVim'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.

NuVim Total Assets Chart

NuVim Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07
Total Assets
0.38 0.93 0.82 0.63 0.36

NuVim Semi-Annual Data
Dec03 Jun04 Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Jun21 Jun22
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.61 0.36 0.31 0.00 0.02

NuVim 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.

NuVim's Total Assets for the fiscal year that ended in Dec. 2007 is calculated as

Total Assets=Total Equity (A: Dec. 2007 )+Total Liabilities (A: Dec. 2007 )
=-1.817+2.181
=0.36

NuVim's Total Assets for the quarter that ended in Jun. 2022 is calculated as

Total Assets=Total Equity (Q: Jun. 2022 )+Total Liabilities (Q: Jun. 2022 )
=-0.017+0.032
=0.02

* 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 $0.02 Mil mean?
NuVim (NUVM) has a Total Assets of $0.02 Mil as of Jun. 2022. The total amount of assets as recorded on a company's balance sheet. View historical data on NuVim and its competitors.
Is NuVim's Total Assets too high?
NuVim's current Total Assets is $0.02 Mil.
How does NuVim's Total Assets compare to MTTCF and PLBLF?
NuVim's Total Assets of $0.02 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 NuVim and its competitors. NuVim's current Total Assets is $0.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NuVim stock overvalued right now?
NuVim (NUVM) has a current Total Assets of $0.02 Mil. The current Total Assets is $0.02 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 NuVim (NUVM), the current Total Assets is $0.02 Mil as of Jun. 2022. 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.

NuVim Business Description

Address 32 Broughton Drive, Myrtle Beach, SC, USA, 29579
NuVim Inc is engaged in producing, marketing, and distributing powder mix dietary supplements under the NuVim brand. The company provides consumers with products that help bring an overall quality of life and help address specific health concerns. Its products help strengthen the immune system, enhance muscle, and bone health, and aid in consistent digestion while delivering daily requirements of vitamins C, E, B12, and zinc. There are varieties of powder mix products, Chocolate, Vanilla, and Strawberry, sold from its website. The NuVim dietary supplement products are marketed to both men and women in all stages of life and to help professional athletes, weekend warriors, and those incurring immune dysfunction or lack of energy and mental alertness.