VIVXF (Avivagen) Total Assets: $0.21 Mil (As of Jul. 2023)


What is Avivagen Total Assets?

Avivagen VIVXF -99.00% Total Assets is $0.21 Mil as of Jul. 2023.

Avivagen's Total Assets for the quarter that ended in Jul. 2023 was $0.21 Mil.

Total Assets is connected with ROA %. Avivagen's annualized ROA % for the quarter that ended in Jul. 2023 was -1,260.71%. Total Assets is also linked to Revenue through Asset Turnover. Avivagen's Asset Turnover for the quarter that ended in Jul. 2023 was 0.14.

Avivagen  (OTCPK:VIVXF) Total Assets Explanation

Total Assets is connected with ROA %.

Avivagen's annualized ROA % for the quarter that ended in Jul. 2023 is

ROA %=Net Income (Q: Jul. 2023 )/( (Total Assets (Q: Apr. 2023 )+Total Assets (Q: Jul. 2023 ))/ count )
=-2.824/( (0.241+0.207)/ 2 )
=-2.824/0.224
=-1,260.71 %

Note: The Net Income data used here is four times the quarterly (Jul. 2023) 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.

Avivagen's Asset Turnover for the quarter that ended in Jul. 2023 is

Asset Turnover
=Revenue (Q: Jul. 2023 )/( (Total Assets (Q: Apr. 2023 )+Total Assets (Q: Jul. 2023 ))/ count )
=0.031/( (0.241+0.207)/ 2 )
=0.031/0.224
=0.14

* 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.

Avivagen Total Assets Related Terms

Avivagen Total Assets Historical Data

* Premium members only.

The historical data trend for Avivagen'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.

Avivagen Total Assets Chart

Avivagen Annual Data
Trend Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.39 1.43 1.65 2.80 1.00

Avivagen Quarterly Data
Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23
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 1.28 1.00 0.42 0.24 0.21

Avivagen 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.

Avivagen's Total Assets for the fiscal year that ended in Oct. 2022 is calculated as

Total Assets=Total Equity (A: Oct. 2022 )+Total Liabilities (A: Oct. 2022 )
=-4.371+5.369
=1.00

Avivagen's Total Assets for the quarter that ended in Jul. 2023 is calculated as

Total Assets=Total Equity (Q: Jul. 2023 )+Total Liabilities (Q: Jul. 2023 )
=-7.013+7.22
=0.21

* 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 $0.21 Mil mean?
Avivagen (VIVXF) has a Total Assets of $0.21 Mil as of Jul. 2023. The total amount of assets as recorded on a company's balance sheet. View historical data on Avivagen and its competitors.
Is Avivagen's Total Assets too high?
Avivagen's current Total Assets is $0.21 Mil.
How does Avivagen's Total Assets compare to DMKPQ and MJNE?
Avivagen's Total Assets of $0.21 Mil can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Total Assets depends on the Drug Manufacturers 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 Avivagen and its competitors. Avivagen's current Total Assets is $0.21 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avivagen stock overvalued right now?
Avivagen (VIVXF) has a current Total Assets of $0.21 Mil. The current Total Assets is $0.21 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 Avivagen (VIVXF), the current Total Assets is $0.21 Mil as of Jul. 2023. 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.

Avivagen Business Description

Address 100 Sussex Drive, Ottawa, ON, CAN, K1A 0R6
Avivagen Inc OxC-beta technology is derived from Avivagen discoveries about Beta-carotene and other carotenoids, compounds that give certain fruits and vegetables their bright colours. Through support of immune function the technology provides a non-antibiotic means of promoting health and growth. OxCbeta Livestock is a proprietary product shown to be an effective and economic alternative to the antibiotics commonly added to livestock feeds. Avivagen's OxC-beta Livestock product is safe, effective and could fulfill the global mandate to remove all in-feed antibiotics as growth promoters.