Generative AI Solutions Corp.
Generative AI Solutions Corp., an artificial intelligence company, focuses on development and commercialization of AI-powered tools and solutions for businesses and consumers across various industries in Canada. The company offers MAI Cloud, a cloud-based database; Remitz, which identifies and submits claims related to medical billing; and Classmate app, which utilizes natural language processing… Read more
Generative AI Solutions Corp. (AICOF) - Total Assets
Latest total assets as of August 2024: $3.48 Million USD
Based on the latest financial reports, Generative AI Solutions Corp. (AICOF) holds total assets worth $3.48 Million USD as of August 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.
Generative AI Solutions Corp. - Total Assets Trend (2022–2024)
This chart illustrates how Generative AI Solutions Corp.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Generative AI Solutions Corp. - Asset Composition Analysis
Current Asset Composition (February 2024)
Generative AI Solutions Corp.'s total assets of $3.48 Million consist of 56.2% current assets and 43.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 34.1% |
| Accounts Receivable | $366.65K | 7.5% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2022–2024)
This chart illustrates how Generative AI Solutions 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: Generative AI Solutions Corp.'s current assets represent 56.2% of total assets in 2024, an increase from 0.0% in 2022.
- Cash Position: Cash and equivalents constituted 34.1% of total assets in 2024, down from 95.1% in 2022.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2022.
- Asset Diversification: The largest asset category is accounts receivable at 7.5% of total assets.
Generative AI Solutions Corp. Competitors by Total Assets
Key competitors of Generative AI Solutions Corp. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Alpha Modus Holdings, Inc
NASDAQ:AMOD
|
USA | $403.26K |
|
Opter AB
ST:OPTER
|
Sweden | Skr42.72 Million |
|
TurnKey Capital Inc
PINK:TKCI
|
USA | $870.80 Million |
|
Digital China Information Service Co Ltd
SHE:000555
|
China | CN¥13.60 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 |
Generative AI Solutions 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
Lower asset utilization - Generative AI Solutions Corp. generates 0.04x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Generative AI Solutions Corp. is currently not profitable relative to its asset base.
Generative AI Solutions 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 | 1.41 | 3.68 | 10.12 |
| Quick Ratio | 1.41 | 3.68 | 10.12 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $582.53K | $ 2.28 Million | $ 9.62 Million |
Generative AI Solutions Corp. - Advanced Valuation Insights
This section examines the relationship between Generative AI Solutions 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 | 4.72 |
| Latest Market Cap to Assets Ratio | 1.14 |
| Asset Growth Rate (YoY) | 19.5% |
| Total Assets | $4.86 Million |
| Market Capitalization | $5.52 Million USD |
Valuation Analysis
Above Book Valuation: The market values Generative AI Solutions Corp.'s assets above their book value (1.14 x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: Generative AI Solutions Corp.'s assets grew by 19.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Generative AI Solutions Corp. (2022–2024)
The table below shows the annual total assets of Generative AI Solutions Corp. from 2022 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-02-29 | $4.86 Million | +19.54% |
| 2023-02-28 | $4.07 Million | -70.76% |
| 2022-02-28 | $13.91 Million | -- |