Avid Bioservices Inc
Avid Bioservices, Inc. operates as a contract development and manufacturing organization for the biotechnology and biopharmaceutical industries in the United States. It provides process development and current good manufacturing practice clinical and commercial manufacturing services of biologics, including clinical and commercial drug substance manufacturing, bulk packaging, release and stabilit… Read more
Avid Bioservices Inc (CDMO) - Total Assets
Latest total assets as of October 2024: $323.48 Million USD
Based on the latest financial reports, Avid Bioservices Inc (CDMO) holds total assets worth $323.48 Million USD as of October 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Avid Bioservices Inc - Total Assets Trend (1995–2024)
This chart illustrates how Avid Bioservices Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Avid Bioservices Inc - Asset Composition Analysis
Current Asset Composition (April 2024)
Avid Bioservices Inc's total assets of $323.48 Million consist of 30.9% current assets and 69.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 11.3% |
| Accounts Receivable | $29.01 Million | 8.6% |
| Inventory | $30.38 Million | 9.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1995–2024)
This chart illustrates how Avid Bioservices Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Avid Bioservices Inc's current assets represent 30.9% of total assets in 2024, a decrease from 33.3% in 1995.
- Cash Position: Cash and equivalents constituted 11.3% of total assets in 2024, up from 0.0% in 1995.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 22.0% in 1995.
- Asset Diversification: The largest asset category is inventory at 9.0% of total assets.
Avid Bioservices Inc Competitors by Total Assets
Key competitors of Avid Bioservices Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
MedPacto Inc
KQ:235980
|
Korea | ₩51.58 Billion |
|
2H0
F:2H0
|
Germany | €15.27 Million |
|
Shenzhen CAU Technology Co Ltd
SHE:000004
|
China | CN¥260.55 Million |
|
Pacific Shuanglin Bio pharmacy Co Ltd
SHE:000403
|
China | CN¥9.58 Billion |
|
Nanhua Bio Medicine Co Ltd
SHE:000504
|
China | CN¥841.96 Million |
|
Jiangsu Sihuan Bioengineering Co Ltd
SHE:000518
|
China | CN¥509.14 Million |
|
Chengzhi Shareholding Co Ltd
SHE:000990
|
China | CN¥27.52 Billion |
|
Hualan Biological EngineeringInc
SHE:002007
|
China | CN¥16.27 Billion |
Avid Bioservices Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Avid Bioservices Inc generates 0.42x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Avid Bioservices Inc is currently not profitable relative to its asset base.
Avid Bioservices Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.30 | 1.35 | 1.57 |
| Quick Ratio | 0.92 | 0.85 | 1.31 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $22.35 Million | $ 27.27 Million | $ 20.72 Million |
Avid Bioservices Inc - Advanced Valuation Insights
This section examines the relationship between Avid Bioservices Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 17.83 |
| Latest Market Cap to Assets Ratio | 1.89 |
| Asset Growth Rate (YoY) | -25.4% |
| Total Assets | $336.56 Million |
| Market Capitalization | $636.51 Million USD |
Valuation Analysis
Above Book Valuation: The market values Avid Bioservices Inc's assets above their book value (1.89 x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: Avid Bioservices Inc's assets decreased by 25.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Avid Bioservices Inc (1995–2024)
The table below shows the annual total assets of Avid Bioservices Inc from 1995 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-04-30 | $336.56 Million | -25.38% |
| 2023-04-30 | $451.05 Million | +4.93% |
| 2022-04-30 | $429.84 Million | +61.89% |
| 2021-04-30 | $265.51 Million | +146.71% |
| 2020-04-30 | $107.62 Million | +37.28% |
| 2019-04-30 | $78.39 Million | -18.13% |
| 2018-04-30 | $95.76 Million | -18.92% |
| 2017-04-30 | $118.11 Million | +8.32% |
| 2016-04-30 | $109.04 Million | +11.88% |
| 2015-04-30 | $97.46 Million | +7.64% |
| 2014-04-30 | $90.55 Million | +100.95% |
| 2013-04-30 | $45.06 Million | +59.43% |
| 2012-04-30 | $28.26 Million | -18.71% |
| 2011-04-30 | $34.77 Million | +18.51% |
| 2010-04-30 | $29.34 Million | +26.84% |
| 2009-04-30 | $23.13 Million | +0.30% |
| 2008-04-30 | $23.06 Million | +0.26% |
| 2007-04-30 | $23.00 Million | +1.42% |
| 2006-04-30 | $22.68 Million | +59.19% |
| 2005-04-30 | $14.24 Million | -25.56% |
| 2004-04-30 | $19.14 Million | +254.45% |
| 2003-04-30 | $5.40 Million | -31.36% |
| 2002-04-30 | $7.87 Million | -0.43% |
| 2001-04-30 | $7.90 Million | +32.71% |
| 2000-04-30 | $5.95 Million | -19.55% |
| 1999-04-30 | $7.40 Million | -38.33% |
| 1998-04-30 | $12.00 Million | -35.83% |
| 1997-04-30 | $18.70 Million | +73.15% |
| 1996-04-30 | $10.80 Million | +1100.00% |
| 1995-04-30 | $900.00K | -- |