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Invitro International (Invitro International) Total Assets : $1.15 Mil (As of Jun. 2097)


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What is Invitro International Total Assets?

Invitro International's Total Assets for the quarter that ended in Jun. 2097 was $1.15 Mil.

Total Assets is connected with ROA %. Invitro International's annualized ROA % for the quarter that ended in Jun. 2097 was -61.75%. Total Assets is also linked to Revenue through Asset Turnover. Invitro International's Asset Turnover for the quarter that ended in Jun. 2097 was 0.14.

Invitro International Total Assets Historical Data

The historical data trend for Invitro International'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.

* Premium members only.

Invitro International Total Assets Chart

Invitro International Annual Data
Trend Feb90 Feb91 Sep92 Sep93 Sep94 Sep95 Sep96
Total Assets
Get a 7-Day Free Trial 2.40 5.40 6.50 3.20 2.40

Invitro International Quarterly Data
Sep92 Dec92 Mar93 Jun93 Sep93 Dec93 Mar94 Jun94 Sep94 Dec94 Mar95 Jun95 Sep95 Dec95 Mar96 Jun96 Sep96 Dec96 Mar97 Jun97
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 2.70 2.40 - 1.41 1.15

Invitro International 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.

Invitro International's Total Assets for the fiscal year that ended in Sep. 2096 is calculated as

Total Assets=Total Equity (A: Sep. 2096 )+Total Liabilities (A: Sep. 2096 )
=2.1+0.3
=2.40

Invitro International's Total Assets for the quarter that ended in Jun. 2097 is calculated as

Total Assets=Total Equity (Q: Jun. 2097 )+Total Liabilities (Q: Jun. 2097 )
=0.958+0.193
=1.15

* 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.

Invitro International  (OTCPK:IVRO) Total Assets Explanation

Total Assets is connected with ROA %.

Invitro International's annualized ROA % for the quarter that ended in Jun. 2097 is

ROA %=Net Income (Q: Jun. 2097 )/( (Total Assets (Q: Mar. 2097 )+Total Assets (Q: Jun. 2097 ))/ count )
=-0.792/( (1.414+1.151)/ 2 )
=-0.792/1.2825
=-61.75 %

Note: The Net Income data used here is four times the quarterly (Jun. 2097) 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.

Invitro International's Asset Turnover for the quarter that ended in Jun. 2097 is

Asset Turnover
=Revenue (Q: Jun. 2097 )/( (Total Assets (Q: Mar. 2097 )+Total Assets (Q: Jun. 2097 ))/ count )
=0.181/( (1.414+1.151)/ 2 )
=0.181/1.2825
=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.

Invitro International Total Assets Related Terms

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Invitro International (Invitro International) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Invitro International (OTCPK:IVRO) » Definitions » Total Assets
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Traded in Other Exchanges
N/A
Address
330 East Orangethorpe Avenue, Suite D, Placentia, CA, USA, 92870
Website
https://www.invitrointl.com
Invitro International is a provider of non-animal testing methods. The company develops and commercializes test kits and laboratory services. Its testing technologies are designed to produce data regarding corrosivity, or ocular/dermal irritation, which correlate with animal and human test results. Its products and services include Irritection, Corrositex, and Lab Services. The company provides its products to various industries such as cosmetics, personal care, household products, textiles, pharmaceuticals, chemicals, and hazardous waste transportation. The majority of its revenue is generated from the United States and it also exports to other countries.