Kaival Brands Innovations (KAVL) Invested Capital (2022 - 2025)
Kaival Brands Innovations' Invested Capital was $99,967 in fiscal Q4 2025 (quarter ended Oct 31, 2025), down 99.3% from $14.02 million a year earlier and down 99.0% from the prior quarter.
Kaival Brands Innovations (KAVL) Invested Capital (2022 - 2025) Analysis & Trends
From fiscal Q4 2022 onward, Kaival Brands Innovations has reported Invested Capital for 11 quarters.
- Invested Capital shows a three-year compound annual growth rate of -78.3% (FY2022 to FY2025).
- In earlier fiscal years, Invested Capital was $14.02 million in FY2024 (-2.3%), $14.36 million in FY2023 (+46.5%) and $9.8 million in FY2022.
- The fiscal Q4 2025 figure marks the lowest quarterly Invested Capital in data going back to fiscal Q4 2022.
- Compared with a year earlier, Invested Capital was higher in two of the last six quarters, with an average decline of 23.2%.
- Per Business Quant data, KAVL's Invested Capital in the three fiscal quarters before Q4 2025 was $10.09 million (Q3 2025), $10.64 million (Q2 2025) and $12.68 million (Q1 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 310.09 Bn | 289.08 Bn | 7.85 Bn | 39.63 Bn |
| 2 | British American Tobacco p.l.c | 143.09 Bn | 119.75 Bn | - | 108.08 Bn |
| 3 | Altria | 130.85 Bn | 117.83 Bn | 3.94 Bn | 21.84 Bn |
| 4 | RLX Technology | 2.40 Bn | -1.35 Bn | 52.74 Mn | 2.33 Bn |
| 5 | Curaleaf Holdings | 2.08 Bn | 1.70 Bn | 170.48 Mn | 1.48 Bn |
| 6 | Trulieve Cannabis | 1.86 Bn | 595.66 Mn | 148.02 Mn | 958.20 Mn |
| 7 | Verano Holdings | 1.83 Bn | 1.48 Bn | 100.04 Mn | 1.06 Bn |
| 8 | Green Thumb Industries | 1.49 Bn | 262.73 Mn | 146.79 Mn | 2.42 Bn |
| 9 | Cronos | 1.24 Bn | -1.90 Bn | 32.28 Mn | - |
| 10 | Kaival Brands Innovations | 312,505.79 | -1.43 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Oct 31, 2025 | 99,967.00 |
| Jul 31, 2025 | 10.09 Mn |
| Apr 30, 2025 | 10.64 Mn |
| Jan 31, 2025 | 12.68 Mn |
| Oct 31, 2024 | 14.02 Mn |
| Jul 31, 2024 | 13.91 Mn |
| Apr 30, 2024 | 10.15 Mn |
| Jan 31, 2024 | 12.57 Mn |
| Oct 31, 2023 | 14.36 Mn |
| Jul 31, 2023 | 16.49 Mn |
| Apr 30, 2023 | 7.75 Mn |
| Oct 31, 2022 | 9.80 Mn |
Kaival Brands Innovations Invested Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=invested-capital&ticker=KAVL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "KAVL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=KAVL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();