EvokAI Creative Labs Inc

OTCQB:OKAIF USA Health Information Services
Market Cap
$908.86K
Market Cap Rank
#37846 Global
#12329 in USA
Share Price
$0.12
Change (1 day)
+0.00%
52-Week Range
$0.12 - $0.12
All Time High
$0.70
About

EvokAI Creative Labs Inc., a MedTech artificial-intelligence (AI)-powered company, engages in the development of transformational technologies for the healthcare sector. The company's artificial intelligence-enhanced diagnostic profiles provide a basis to monitor mental wellbeing and enable advances in medical diagnoses. It deploys machine learning models to search medical data, integrate novel m… Read more

EvokAI Creative Labs Inc (OKAIF) - Total Assets

Latest total assets as of September 2024: $79.22K USD

Based on the latest financial reports, EvokAI Creative Labs Inc (OKAIF) holds total assets worth $79.22K USD as of September 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.

EvokAI Creative Labs Inc - Total Assets Trend (2021–2023)

This chart illustrates how EvokAI Creative Labs Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

EvokAI Creative Labs Inc - Asset Composition Analysis

Current Asset Composition (December 2023)

EvokAI Creative Labs Inc's total assets of $79.22K consist of 100.0% current assets and 0.0% non-current assets.

Asset Category Amount (USD) % of Total Assets
Cash & Equivalents $0.00 88.6%
Accounts Receivable $30.91K 3.5%
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 (2021–2023)

This chart illustrates how EvokAI Creative Labs 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: EvokAI Creative Labs Inc's current assets represent 100.0% of total assets in 2023, unchanged from 100.0% in 2021.
  • Cash Position: Cash and equivalents constituted 88.6% of total assets in 2023, up from 9.7% in 2021.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
  • Asset Diversification: The largest asset category is accounts receivable at 3.5% of total assets.

EvokAI Creative Labs Inc Competitors by Total Assets

Key competitors of EvokAI Creative Labs Inc based on total assets are shown below.

Company Country Total Assets
UCrest Bhd
KLSE:0005
Malaysia RM48.46 Million
Vanfund Urban Investment & Development Co Ltd
SHE:000638
China CN¥265.74 Million
BIT Computer Co. Ltd
KQ:032850
Korea ₩82.38 Billion
ezCaretech Co. LTD
KQ:099750
Korea ₩56.71 Billion
SyntekaBio Inc
KQ:226330
Korea ₩33.49 Billion
Carelabs Co.Ltd
KQ:263700
Korea ₩105.15 Billion
Shanghai Kingstar Winning Software
SHE:300253
China CN¥8.35 Billion
Longmaster Information Tech
SHE:300288
China CN¥1.33 Billion

EvokAI Creative Labs 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

Historical Range: 0.00 - 0.00

Lower asset utilization - EvokAI Creative Labs Inc generates 0.00x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -4829.76% - -155.55%

Negative ROA - EvokAI Creative Labs Inc is currently not profitable relative to its asset base.

EvokAI Creative Labs 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 0.23 0.05 0.01
Quick Ratio 0.23 0.05 0.01
Cash Ratio 0.00 0.00 0.00
Working Capital $-269.12K $ -196.68K $ -259.24K

EvokAI Creative Labs Inc - Advanced Valuation Insights

This section examines the relationship between EvokAI Creative Labs 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 -
Latest Market Cap to Assets Ratio 0.48
Asset Growth Rate (YoY) 5798.6%
Total Assets $873.70K
Market Capitalization $418.45K USD

Valuation Analysis

Below Book Valuation: The market values EvokAI Creative Labs Inc's assets below their book value (0.48 x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: EvokAI Creative Labs Inc's assets grew by 5798.6% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for EvokAI Creative Labs Inc (2021–2023)

The table below shows the annual total assets of EvokAI Creative Labs Inc from 2021 to 2023.

Year Total Assets Change
2023-12-31 $873.70K +5798.62%
2022-12-31 $14.81K -73.23%
2021-12-31 $55.34K --