Spectral AI Inc.
Spectral AI, Inc., an artificial intelligence (AI) company, focuses on predictive medical diagnostics in the United States. The company offers DeepView System, which uses proprietary AI algorithms to distinguish between fully damaged, partially damaged, and healthy human tissue characteristics invisible to the naked eye at the initial time point of wound presentation; and delivers a binary predic… Read more
Spectral AI Inc. (MDAI) - Total Assets
Latest total assets as of September 2025: $15.30 Million USD
Based on the latest financial reports, Spectral AI Inc. (MDAI) holds total assets worth $15.30 Million USD as of September 2025.
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.
Spectral AI Inc. - Total Assets Trend (2020–2024)
This chart illustrates how Spectral AI Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Spectral AI Inc. - Asset Composition Analysis
Current Asset Composition (December 2024)
Spectral AI Inc.'s total assets of $15.30 Million consist of 83.7% current assets and 16.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 42.6% |
| Accounts Receivable | $2.50 Million | 20.7% |
| Inventory | $425.00K | 3.5% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2020–2024)
This chart illustrates how Spectral AI Inc.'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: Spectral AI Inc.'s current assets represent 83.7% of total assets in 2024, a decrease from 4795.9% in 2020.
- Cash Position: Cash and equivalents constituted 42.6% of total assets in 2024, up from 0.0% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is accounts receivable at 20.7% of total assets.
Spectral AI Inc. Competitors by Total Assets
Key competitors of Spectral AI Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shanghai Kehua Bio-Engineering Co Ltd
SHE:002022
|
China | CN¥5.17 Billion |
|
Jiangsu Yuyue Medical Equipment & Supply Co Ltd
SHE:002223
|
China | CN¥16.67 Billion |
|
Double Medical Technology Inc
SHE:002901
|
China | CN¥4.55 Billion |
|
Wuhan Easy Diagnosis Biomedicine Co Ltd Class A
SHE:002932
|
China | CN¥6.10 Billion |
|
Shinhung
KO:004080
|
Korea | ₩153.50 Billion |
|
UMediC Group Berhad
KLSE:0256
|
Malaysia | RM94.93 Million |
|
Osang Healthcare Co.,Ltd
KQ:036220
|
Korea | ₩287.70 Billion |
|
HansBiomed Corporation
KQ:042520
|
Korea | ₩126.41 Billion |
Spectral AI Inc. - 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 - Spectral AI Inc. generates 2.45x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Spectral AI Inc. is currently not profitable relative to its asset base.
Spectral AI Inc. - 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 | 0.85 | 0.73 | 3.86 |
| Quick Ratio | 0.83 | 0.69 | 3.86 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-2.30 Million | $ -3.57 Million | $ 13.68 Million |
Spectral AI Inc. - Advanced Valuation Insights
This section examines the relationship between Spectral AI Inc.'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 | 29.88 |
| Latest Market Cap to Assets Ratio | 2.42 |
| Asset Growth Rate (YoY) | 13.1% |
| Total Assets | $12.10 Million |
| Market Capitalization | $29.27 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Spectral AI Inc.'s assets at a significant premium ( 2.42x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Spectral AI Inc.'s assets grew by 13.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Spectral AI Inc. (2020–2024)
The table below shows the annual total assets of Spectral AI Inc. from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $12.10 Million | +13.12% |
| 2023-12-31 | $10.69 Million | -42.87% |
| 2022-12-31 | $18.72 Million | +0.95% |
| 2021-12-31 | $18.54 Million | +11142.64% |
| 2020-12-31 | $164.90K | -- |