Binovi Technologies Corp
Binovi Technologies Corp. engages in the development, manufacturing, and commercialization of visual and neuro-cognitive processing products, and hardware and software for diagnosing and remediating visual perception disorders in Canada, the United States, and internationally. The company's products include Binovi Touch, a tool for vision therapy and vision training; Binovi Pro, which allows doct… Read more
Binovi Technologies Corp (BNVIF) - Total Assets
Latest total assets as of February 2022: $1.08 Million USD
Based on the latest financial reports, Binovi Technologies Corp (BNVIF) holds total assets worth $1.08 Million USD as of February 2022.
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.
Binovi Technologies Corp - Total Assets Trend (2012–2022)
This chart illustrates how Binovi Technologies Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Binovi Technologies Corp - Asset Composition Analysis
Current Asset Composition (February 2022)
Binovi Technologies Corp's total assets of $1.08 Million consist of 100.0% current assets and 0.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 78.2% |
| Accounts Receivable | $124.73K | 11.5% |
| Inventory | $-235.55K | -21.7% |
| Property, Plant & Equipment | $510.00 | 0.1% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2012–2022)
This chart illustrates how Binovi Technologies Corp'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: Binovi Technologies Corp's current assets represent 100.0% of total assets in 2022, an increase from 54.9% in 2012.
- Cash Position: Cash and equivalents constituted 78.2% of total assets in 2022, up from 49.5% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2012.
- Asset Diversification: The largest asset category is accounts receivable at 11.5% of total assets.
Binovi Technologies Corp Competitors by Total Assets
Key competitors of Binovi Technologies Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
UCrest Bhd
KLSE:0005
|
Malaysia | RM48.46 Million |
|
Vanfund Urban Investment & Development Co Ltd
SHE:000638
|
China | CN¥265.74 Million |
|
BIT Computer Co. Ltd
KQ:032850
|
Korea | ₩82.38 Billion |
|
ezCaretech Co. LTD
KQ:099750
|
Korea | ₩56.71 Billion |
|
SyntekaBio Inc
KQ:226330
|
Korea | ₩33.49 Billion |
|
Carelabs Co.Ltd
KQ:263700
|
Korea | ₩105.15 Billion |
|
Shanghai Kingstar Winning Software
SHE:300253
|
China | CN¥8.35 Billion |
|
Longmaster Information Tech
SHE:300288
|
China | CN¥1.33 Billion |
Binovi Technologies Corp - 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 - Binovi Technologies Corp generates 0.17x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Binovi Technologies Corp is currently not profitable relative to its asset base.
Binovi Technologies Corp - 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 | 0.32 | 0.91 | 1.28 |
| Quick Ratio | 0.32 | 0.80 | 1.28 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-2.29 Million | $ -196.01K | $ 87.30K |
Binovi Technologies Corp - Advanced Valuation Insights
This section examines the relationship between Binovi Technologies Corp'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 | 0.08 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -91.2% |
| Total Assets | $1.08 Million |
| Market Capitalization | $2.50K USD |
Valuation Analysis
Below Book Valuation: The market values Binovi Technologies Corp's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Binovi Technologies Corp's assets decreased by 91.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Binovi Technologies Corp (2012–2022)
The table below shows the annual total assets of Binovi Technologies Corp from 2012 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-02-28 | $1.08 Million | -91.18% |
| 2021-02-28 | $12.30 Million | +254.30% |
| 2020-02-29 | $3.47 Million | -29.18% |
| 2019-02-28 | $4.90 Million | +191.74% |
| 2018-02-28 | $1.68 Million | -25.92% |
| 2017-02-28 | $2.27 Million | -12.68% |
| 2016-02-29 | $2.60 Million | +1383.95% |
| 2015-02-28 | $174.98K | -36.19% |
| 2014-02-28 | $274.21K | -52.86% |
| 2013-02-28 | $581.65K | +96.73% |
| 2012-02-29 | $295.66K | -- |