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AI/ML Innovations (AI/ML Innovations) Equity-to-Asset : 0.34 (As of Jan. 2024)


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What is AI/ML Innovations Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. AI/ML Innovations's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $0.55 Mil. AI/ML Innovations's Total Assets for the quarter that ended in Jan. 2024 was $1.64 Mil. Therefore, AI/ML Innovations's Equity to Asset Ratio for the quarter that ended in Jan. 2024 was 0.34.

The historical rank and industry rank for AI/ML Innovations's Equity-to-Asset or its related term are showing as below:

AIMLF' s Equity-to-Asset Range Over the Past 10 Years
Min: -28.39   Med: -5.69   Max: 0.64
Current: 0.34

During the past 13 years, the highest Equity to Asset Ratio of AI/ML Innovations was 0.64. The lowest was -28.39. And the median was -5.69.

AIMLF's Equity-to-Asset is ranked worse than
63.38% of 680 companies
in the Healthcare Providers & Services industry
Industry Median: 0.46 vs AIMLF: 0.34

AI/ML Innovations Equity-to-Asset Historical Data

The historical data trend for AI/ML Innovations's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

AI/ML Innovations Equity-to-Asset Chart

AI/ML Innovations Annual Data
Trend Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.02 -12.36 -5.69 0.64 0.53

AI/ML Innovations Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Jul23 Oct23 Jan24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.23 0.25 0.38 0.24 0.34

Competitive Comparison of AI/ML Innovations's Equity-to-Asset

For the Health Information Services subindustry, AI/ML Innovations's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


AI/ML Innovations's Equity-to-Asset Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, AI/ML Innovations's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where AI/ML Innovations's Equity-to-Asset falls into.



AI/ML Innovations Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

AI/ML Innovations's Equity to Asset Ratio for the fiscal year that ended in Apr. 2022 is calculated as

Equity to Asset (A: Apr. 2022 )=Total Stockholders Equity/Total Assets
=0.858/1.615
=0.53

AI/ML Innovations's Equity to Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

Equity to Asset (Q: Jan. 2024 )=Total Stockholders Equity/Total Assets
=0.554/1.638
=0.34

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


AI/ML Innovations  (OTCPK:AIMLF) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


AI/ML Innovations Equity-to-Asset Related Terms

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AI/ML Innovations (AI/ML Innovations) Business Description

Traded in Other Exchanges
Address
645 Fort Street, Suite 203, Victoria, BC, CAN, V8W 1G2
AI/ML Innovations Inc has realigned its business operations to capitalize on the burgeoning fields of artificial intelligence and machine learning, with an initial investment focus on emerging digital health and wellbeing companies that leverage AI, ML, cloud computing and digital platforms to drive transformative healthcare management solutions and precision support delivery across the health continuum. The company has strategic partnerships with Health Gauge, Tech2Health and other planned accretive investments.