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AI Artificial Intelligence Ventures (TSXV:AIVC) Return-on-Tangible-Equity : -145.76% (As of Feb. 2024)


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What is AI Artificial Intelligence Ventures Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. AI Artificial Intelligence Ventures's annualized net income for the quarter that ended in Feb. 2024 was C$-1.93 Mil. AI Artificial Intelligence Ventures's average shareholder tangible equity for the quarter that ended in Feb. 2024 was C$1.33 Mil. Therefore, AI Artificial Intelligence Ventures's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2024 was -145.76%.

The historical rank and industry rank for AI Artificial Intelligence Ventures's Return-on-Tangible-Equity or its related term are showing as below:

TSXV:AIVC' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -277.87   Med: -37.99   Max: 28.09
Current: -173.77

During the past 13 years, AI Artificial Intelligence Ventures's highest Return-on-Tangible-Equity was 28.09%. The lowest was -277.87%. And the median was -37.99%.

TSXV:AIVC's Return-on-Tangible-Equity is ranked worse than
98.62% of 1671 companies
in the Asset Management industry
Industry Median: 4.98 vs TSXV:AIVC: -173.77

AI Artificial Intelligence Ventures Return-on-Tangible-Equity Historical Data

The historical data trend for AI Artificial Intelligence Ventures's Return-on-Tangible-Equity 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 Artificial Intelligence Ventures Return-on-Tangible-Equity Chart

AI Artificial Intelligence Ventures Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -102.53 28.09 -12.69 -79.46 -63.28

AI Artificial Intelligence Ventures Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Return-on-Tangible-Equity 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 86.51 -164.30 -254.15 -141.08 -145.76

Competitive Comparison of AI Artificial Intelligence Ventures's Return-on-Tangible-Equity

For the Asset Management subindustry, AI Artificial Intelligence Ventures's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Artificial Intelligence Ventures's Return-on-Tangible-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, AI Artificial Intelligence Ventures's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where AI Artificial Intelligence Ventures's Return-on-Tangible-Equity falls into.



AI Artificial Intelligence Ventures Return-on-Tangible-Equity Calculation

AI Artificial Intelligence Ventures's annualized Return-on-Tangible-Equity for the fiscal year that ended in Aug. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Aug. 2023 )  (A: Aug. 2022 )(A: Aug. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Aug. 2023 )  (A: Aug. 2022 )(A: Aug. 2023 )
=-2.058/( (4.266+2.238 )/ 2 )
=-2.058/3.252
=-63.28 %

AI Artificial Intelligence Ventures's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Feb. 2024 )  (Q: Nov. 2023 )(Q: Feb. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Feb. 2024 )  (Q: Nov. 2023 )(Q: Feb. 2024 )
=-1.932/( (1.567+1.084)/ 2 )
=-1.932/1.3255
=-145.76 %

* 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.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Feb. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


AI Artificial Intelligence Ventures  (TSXV:AIVC) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


AI Artificial Intelligence Ventures Return-on-Tangible-Equity Related Terms

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AI Artificial Intelligence Ventures (TSXV:AIVC) Business Description

Traded in Other Exchanges
Address
409 Granville Street, Suite 1000, Vancouver, BC, CAN, V6C 1T2
AI Artificial Intelligence Ventures Inc is a Canada-based company that operates in building a portfolio of investments, with a view to participating in income and capital growth from the ultimate sale or other disposal of those investments.

AI Artificial Intelligence Ventures (TSXV:AIVC) Headlines

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