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KAVL (Kaival Brands Innovations Group) Asset Turnover : 0.01 (As of Jan. 2025)


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What is Kaival Brands Innovations Group Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Kaival Brands Innovations Group's Revenue for the three months ended in Jan. 2025 was $0.20 Mil. Kaival Brands Innovations Group's Total Assets for the quarter that ended in Jan. 2025 was $15.04 Mil. Therefore, Kaival Brands Innovations Group's Asset Turnover for the quarter that ended in Jan. 2025 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Kaival Brands Innovations Group's annualized ROE % for the quarter that ended in Jan. 2025 was -122.81%. It is also linked to ROA % through Du Pont Formula. Kaival Brands Innovations Group's annualized ROA % for the quarter that ended in Jan. 2025 was -108.02%.


Kaival Brands Innovations Group Asset Turnover Historical Data

The historical data trend for Kaival Brands Innovations Group's Asset Turnover 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.

* Premium members only.

Kaival Brands Innovations Group Asset Turnover Chart

Kaival Brands Innovations Group Annual Data
Trend Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Asset Turnover
Get a 7-Day Free Trial 7.21 3.01 0.60 0.82 0.39

Kaival Brands Innovations Group Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
Asset Turnover 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 0.18 0.15 0.05 0.04 0.01

Competitive Comparison of Kaival Brands Innovations Group's Asset Turnover

For the Tobacco subindustry, Kaival Brands Innovations Group's Asset Turnover, along with its competitors' market caps and Asset Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Kaival Brands Innovations Group's Asset Turnover Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Kaival Brands Innovations Group's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Kaival Brands Innovations Group's Asset Turnover falls into.


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Kaival Brands Innovations Group Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Kaival Brands Innovations Group's Asset Turnover for the fiscal year that ended in Oct. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Oct. 2024 )/( (Total Assets (A: Oct. 2023 )+Total Assets (A: Oct. 2024 ))/ count )
=6.887/( (19.385+16.004)/ 2 )
=6.887/17.6945
=0.39

Kaival Brands Innovations Group's Asset Turnover for the quarter that ended in Jan. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jan. 2025 )/( (Total Assets (Q: Oct. 2024 )+Total Assets (Q: Jan. 2025 ))/ count )
=0.203/( (16.004+14.071)/ 2 )
=0.203/15.0375
=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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


Kaival Brands Innovations Group  (NAS:KAVL) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Kaival Brands Innovations Group's annulized ROE % for the quarter that ended in Jan. 2025 is

ROE %**(Q: Jan. 2025 )
=Net Income/Total Stockholders Equity
=-16.244/13.2265
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-16.244 / 0.812)*(0.812 / 15.0375)*(15.0375/ 13.2265)
=Net Margin %*Asset Turnover*Equity Multiplier
=-2000.49 %*0.054*1.1369
=ROA %*Equity Multiplier
=-108.02 %*1.1369
=-122.81 %

Note: The Net Income data used here is four times the quarterly (Jan. 2025) net income data. The Revenue data used here is four times the quarterly (Jan. 2025) revenue data.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Kaival Brands Innovations Group's annulized ROA % for the quarter that ended in Jan. 2025 is

ROA %(Q: Jan. 2025 )
=Net Income/Total Assets
=-16.244/15.0375
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-16.244 / 0.812)*(0.812 / 15.0375)
=Net Margin %*Asset Turnover
=-2000.49 %*0.054
=-108.02 %

Note: The Net Income data used here is four times the quarterly (Jan. 2025) net income data. The Revenue data used here is four times the quarterly (Jan. 2025) revenue data.

* 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.


Be Aware

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.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Kaival Brands Innovations Group Asset Turnover Related Terms

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Kaival Brands Innovations Group Business Description

Traded in Other Exchanges
N/A
Address
4460 Old Dixie Highway, Grant-Valkaria, FL, USA, 32949
Kaival Brands Innovations Group Inc is focused on growing and incubating innovative and profitable products. The company is engaged in the sale, marketing and distribution of electronic nicotine delivery system (ENDS) products and related components. Its primary product includes Bidi Stick. The BIDI Stick comes in a variety of flavor options for adult cigarette smokers.
Executives
Stephen Alan Sheriff officer: COO & IRO 4460 OLD DIXIE HIGHWAY, GRANT-VALKARIA FL 32949
Thomas James Metzler officer: CFO, Treasurer and Secretary KAIVAL BRANDS INNOVATIONS GROUP, INC., 4460 OLD DIXIE HIGHWAY, GRANT FL 32949
James Patrick Cassidy director 14 SOUTH PACK SQUARE, SUITE 403, ASHEVILLE NC 28801
Barry Michael Hopkins director KAIVAL BRANDS INNOVATIONS GROUP, INC., 4460 OLD DIXIE HIGHWAY, GRANT FL 32949
David Worner director KAIVAL BRANDS INNOVATIONS GROUP, INC., 4460 OLD DIXIE HIGHWAY, GRANT FL 32949
Mark L Thoenes officer: Interim CFO 7700 N.E. AMBASSADOR PL, PORTLAND OR 97220
George T. Chuang director 4460 OLD DIXIE HIGHWAY, GRANT FL 32949
Nirajkumar Patel director, 10 percent owner, officer: CEO, CFO, President, Treasurer 4460 OLD DIXIE HIGHWAY,, GRANT FL 32949
Paul John Reuter director 4460 OLD DIXIE HIGHWAY, GRANT FL 32949
Roger Brooks director 4460 OLD DIXIE HIGHWAY, GRANT FL 32949
Carolyn Hanigan director 4460 OLD DIXIE HIGHWAY, GRANT FL 32949
Eric Mosser director, 10 percent owner, officer: COO, Secretary 4460 OLD DIXIE HIGHWAY, GRANT FL 32949
Kaival Brands Innovations Group, Llc 10 percent owner 4460 OLD DIXIE HIGHWAY, GRANT FL 32949
Gmrz Holdings Llc 10 percent owner 780 RESERVOIR AVENUE, #123, CRANSTON RI 02910