Avix Technologies Inc
Avix Technologies, Inc. engages in the packaged foods and condiments business. It is also involved in the research and development of food products; and sale of wholesale and retail of seafood. The company was founded in 2013 and is based in Las Vegas, Nevada.
Avix Technologies Inc (AVIX) - Total Assets
Latest total assets as of March 2018: $2.17 Million USD
Based on the latest financial reports, Avix Technologies Inc (AVIX) holds total assets worth $2.17 Million USD as of March 2018.
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.
Avix Technologies Inc - Total Assets Trend (2000–2020)
This chart illustrates how Avix Technologies Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Avix Technologies Inc - Asset Composition Analysis
Current Asset Composition (December 2020)
Avix Technologies Inc's total assets of $2.17 Million consist of 71.4% current assets and 28.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 17.1% |
| Accounts Receivable | $132.43K | 15.9% |
| Inventory | $321.43K | 38.5% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2000–2020)
This chart illustrates how Avix Technologies 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: Avix Technologies Inc's current assets represent 71.4% of total assets in 2020, an increase from 20.0% in 2000.
- Cash Position: Cash and equivalents constituted 17.1% of total assets in 2020, up from 0.4% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 42.0% in 2000.
- Asset Diversification: The largest asset category is inventory at 38.5% of total assets.
Avix Technologies Inc Competitors by Total Assets
Key competitors of Avix Technologies Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
General Mills Inc
NYSE:GIS
|
USA | $32.55 Billion |
|
Maniker F & G Co. Ltd
KQ:195500
|
Korea | ₩123.42 Billion |
|
Xiwang Foodstuffs Co Ltd
SHE:000639
|
China | CN¥6.08 Billion |
|
Nanfang Black Sesame Group Co Ltd
SHE:000716
|
China | CN¥4.57 Billion |
|
CNFC Overseas Fishery Co Ltd
SHE:000798
|
China | CN¥5.88 Billion |
|
Henan Shuanghui Investment & Development Co Ltd
SHE:000895
|
China | CN¥40.64 Billion |
|
Xinjiang Chalkis Co Ltd
SHE:000972
|
China | CN¥1.25 Billion |
|
Daehan Flour Mills Co Ltd
KO:001130
|
Korea | ₩1.61 Trillion |
Avix Technologies 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
Lower asset utilization - Avix Technologies Inc generates 0.04x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Avix Technologies Inc is currently not profitable relative to its asset base.
Avix Technologies 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 | 8.79 | 7.36 | 1.18 |
| Quick Ratio | 3.68 | 1.90 | 0.99 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $1.25 Million | $ 1.04 Million | $ 194.55K |
Avix Technologies Inc - Advanced Valuation Insights
This section examines the relationship between Avix Technologies 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 | 0.06 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -42.6% |
| Total Assets | $835.74K |
| Market Capitalization | $0.96 USD |
Valuation Analysis
Below Book Valuation: The market values Avix Technologies Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Avix Technologies Inc's assets decreased by 42.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Avix Technologies Inc (2000–2020)
The table below shows the annual total assets of Avix Technologies Inc from 2000 to 2020.
| Year | Total Assets | Change |
|---|---|---|
| 2020-12-31 | $835.74K | -42.56% |
| 2019-12-31 | $1.46 Million | -27.78% |
| 2018-12-31 | $2.01 Million | -6.07% |
| 2017-12-31 | $2.14 Million | +6.94% |
| 2016-12-31 | $2.01 Million | +8.74% |
| 2015-12-31 | $1.84 Million | +361.14% |
| 2014-12-31 | $400.00K | -87.72% |
| 2000-12-31 | $3.26 Million | -- |