Danavation Technologies Corp
Danavation Technologies Corp., an Internet of Things technology company, provides micro e-paper displays and software in North America. The company's Digital Smart Labels enable companies across the grocery, retail, wine and spirits, pharmacy, warehousing, and health care sectors to automate labeling, price, product, and promotions in real time. Danavation Technologies Corp. was founded in 2018 a… Read more
Danavation Technologies Corp (DVNCF) - Total Assets
Latest total assets as of January 2024: $2.49 Million USD
Based on the latest financial reports, Danavation Technologies Corp (DVNCF) holds total assets worth $2.49 Million USD as of January 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.
Danavation Technologies Corp - Total Assets Trend (2019–2023)
This chart illustrates how Danavation Technologies Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Danavation Technologies Corp - Asset Composition Analysis
Current Asset Composition (July 2023)
Danavation Technologies Corp's total assets of $2.49 Million consist of 24.5% current assets and 75.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.7% |
| Accounts Receivable | $348.06K | 12.3% |
| Inventory | $254.18K | 9.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2019–2023)
This chart illustrates how Danavation 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: Danavation Technologies Corp's current assets represent 24.5% of total assets in 2023, a decrease from 100.0% in 2019.
- Cash Position: Cash and equivalents constituted 0.7% of total assets in 2023, up from 0.1% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 12.3% of total assets.
Danavation Technologies Corp Competitors by Total Assets
Key competitors of Danavation Technologies Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
IQuest Co. Ltd.
KQ:262840
|
Korea | ₩104.88 Billion |
|
Fujian Newland Computer Co Ltd
SHE:000997
|
China | CN¥13.83 Billion |
|
YGSOFT Inc
SHE:002063
|
China | CN¥4.58 Billion |
|
Dhc Software Co Ltd
SHE:002065
|
China | CN¥25.81 Billion |
|
Zhejiang Netsun Co Ltd
SHE:002095
|
China | CN¥1.57 Billion |
|
Montnets Cloud Technology Group Co Ltd
SHE:002123
|
China | CN¥3.29 Billion |
|
Beijing Shiji Information Technology Co Ltd
SHE:002153
|
China | CN¥9.36 Billion |
|
Shanghai 2345 Network Holding Group
SHE:002195
|
China | CN¥10.73 Billion |
Danavation 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
Strong asset utilization - Danavation Technologies Corp generates 0.74x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Danavation Technologies Corp is currently not profitable relative to its asset base.
Danavation 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 | 0.13 | 0.50 | 6.11 |
| Quick Ratio | 0.07 | 0.31 | 6.11 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-3.88 Million | $ -1.35 Million | $ 960.56K |
Danavation Technologies Corp - Advanced Valuation Insights
This section examines the relationship between Danavation 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 | 120.79 |
| Latest Market Cap to Assets Ratio | 0.08 |
| Asset Growth Rate (YoY) | -18.2% |
| Total Assets | $2.82 Million |
| Market Capitalization | $219.94K USD |
Valuation Analysis
Below Book Valuation: The market values Danavation Technologies Corp's assets below their book value (0.08 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Danavation Technologies Corp's assets decreased by 18.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Danavation Technologies Corp (2019–2023)
The table below shows the annual total assets of Danavation Technologies Corp from 2019 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-07-31 | $2.82 Million | -18.24% |
| 2022-07-31 | $3.45 Million | -8.30% |
| 2021-07-31 | $3.77 Million | +459.17% |
| 2020-07-31 | $673.49K | -41.37% |
| 2019-07-31 | $1.15 Million | -- |