Avenir Wellness Solutions Inc.
Avenir Wellness Solutions, Inc., together with its subsidiary, The Sera Labs, Inc., engages in the development of nutraceutical formulation and delivery technologies in dosage forms for wellness. The company offers its products in the health, wellness, and beauty sectors under the Seratopical, Seratopical Revolution SeraLabs, and Nutri-Strips brand names. It sells its products to direct-to-consum… Read more
Avenir Wellness Solutions Inc. (AVRW) - Total Assets
Latest total assets as of September 2024: $748.00K USD
Based on the latest financial reports, Avenir Wellness Solutions Inc. (AVRW) holds total assets worth $748.00K USD as of September 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.
Avenir Wellness Solutions Inc. - Total Assets Trend (2019–2023)
This chart illustrates how Avenir Wellness Solutions Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Avenir Wellness Solutions Inc. - Asset Composition Analysis
Current Asset Composition (December 2023)
Avenir Wellness Solutions Inc.'s total assets of $748.00K consist of 75.0% current assets and 25.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.9% |
| Accounts Receivable | $1.42 Million | 54.6% |
| Inventory | $199.00K | 7.6% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $297.00K | 11.4% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2019–2023)
This chart illustrates how Avenir Wellness Solutions 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: Avenir Wellness Solutions Inc.'s current assets represent 75.0% of total assets in 2023, an increase from 19.1% in 2019.
- Cash Position: Cash and equivalents constituted 1.9% of total assets in 2023, down from 12.6% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 11.0% of total assets, a decrease from 77.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 54.6% of total assets.
Avenir Wellness Solutions Inc. Competitors by Total Assets
Key competitors of Avenir Wellness Solutions Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
General Mills Inc
NYSE:GIS
|
USA | $32.55 Billion |
|
B&G Foods Inc
NYSE:BGS
|
USA | $2.94 Billion |
|
Tangrenshen Group Co Ltd
SHE:002567
|
China | CN¥17.90 Billion |
|
Shenzhen Shenbao Industrial Co Ltd
SHE:000019
|
China | CN¥7.01 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 |
Avenir Wellness Solutions 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
Strong asset utilization - Avenir Wellness Solutions Inc. generates 1.67x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Avenir Wellness Solutions Inc. is currently not profitable relative to its asset base.
Avenir Wellness Solutions 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 | 0.02 | 0.15 | 0.77 |
| Quick Ratio | 0.01 | 0.14 | 0.74 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-13.06 Million | $ -10.81 Million | $ -6.14 Million |
Avenir Wellness Solutions Inc. - Advanced Valuation Insights
This section examines the relationship between Avenir Wellness Solutions 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 | - |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -62.0% |
| Total Assets | $2.61 Million |
| Market Capitalization | $16.61K USD |
Valuation Analysis
Below Book Valuation: The market values Avenir Wellness Solutions Inc.'s assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Avenir Wellness Solutions Inc.'s assets decreased by 62.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Avenir Wellness Solutions Inc. (2019–2023)
The table below shows the annual total assets of Avenir Wellness Solutions Inc. from 2019 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $2.61 Million | -61.96% |
| 2022-12-31 | $6.85 Million | -83.11% |
| 2021-12-31 | $40.57 Million | -12.48% |
| 2020-12-31 | $46.36 Million | +42.82% |
| 2019-12-31 | $32.46 Million | -- |