VERSES AI Inc.
VERSES AI Inc., a cognitive computing company, engages in building system software in Canada. The company offers Genius, a computing system to generate models for automated solutions. It also offers Genius Core, a software to store graph representation predictions; Genius Agents, an autonomous model for developing overall system balance. In addition, the company provides Genius SDK, a toolkit to … Read more
VERSES AI Inc. (VRSSF) - Total Assets
Latest total assets as of December 2024: $5.11 Million USD
Based on the latest financial reports, VERSES AI Inc. (VRSSF) holds total assets worth $5.11 Million USD as of December 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.
VERSES AI Inc. - Total Assets Trend (2012–2023)
This chart illustrates how VERSES AI Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
VERSES AI Inc. - Asset Composition Analysis
Current Asset Composition (December 2023)
VERSES AI Inc.'s total assets of $5.11 Million consist of 78.6% current assets and 21.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 15.7% |
| Accounts Receivable | $100.00K | 1.8% |
| 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 (2012–2023)
This chart illustrates how VERSES 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: VERSES AI Inc.'s current assets represent 78.6% of total assets in 2023, an increase from 0.0% in 2012.
- Cash Position: Cash and equivalents constituted 15.7% of total assets in 2023, down from 40.0% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2012.
- Asset Diversification: The largest asset category is accounts receivable at 1.8% of total assets.
VERSES AI Inc. Competitors by Total Assets
Key competitors of VERSES AI Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Eastcompeace Technology Co Ltd
SHE:002017
|
China | CN¥2.97 Billion |
|
Wiscom System Co Ltd
SHE:002090
|
China | CN¥3.17 Billion |
|
Topsec Technologies Group Inc
SHE:002212
|
China | CN¥10.79 Billion |
|
Focus Technology Co Ltd
SHE:002315
|
China | CN¥4.27 Billion |
|
Beijing Venustech Inc
SHE:002439
|
China | CN¥13.16 Billion |
|
Maxvision Technology Corp
SHE:002990
|
China | CN¥3.74 Billion |
|
OpenSys M Bhd
KLSE:0040
|
Malaysia | RM129.25 Million |
|
Managepay Systems Bhd
KLSE:0156
|
Malaysia | RM86.24 Million |
VERSES 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
Lower asset utilization - VERSES AI Inc. generates 0.35x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - VERSES AI Inc. is currently not profitable relative to its asset base.
VERSES 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 | 0.14 | 2.85 | 0.13 |
| Quick Ratio | 0.14 | 2.85 | 0.13 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-23.70 Million | $ 7.21 Million | $ -1.13 Million |
VERSES AI Inc. - Advanced Valuation Insights
This section examines the relationship between VERSES 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 | 11.11 |
| Latest Market Cap to Assets Ratio | 16.17 |
| Asset Growth Rate (YoY) | -34.0% |
| Total Assets | $5.70 Million |
| Market Capitalization | $92.14 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values VERSES AI Inc.'s assets at a significant premium ( 16.17x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: VERSES AI Inc.'s assets decreased by 34.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for VERSES AI Inc. (2012–2023)
The table below shows the annual total assets of VERSES AI Inc. from 2012 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $5.70 Million | -34.04% |
| 2022-12-31 | $8.64 Million | -4.29% |
| 2021-12-31 | $9.03 Million | +123.34% |
| 2019-12-31 | $4.04 Million | +9.87% |
| 2018-12-31 | $3.68 Million | -26.38% |
| 2017-12-31 | $5.00 Million | -24.99% |
| 2016-12-31 | $6.66 Million | +595.89% |
| 2015-12-31 | $957.38K | +570.23% |
| 2014-12-31 | $142.84K | +2934.88% |
| 2013-12-31 | $4.71K | -6.60% |
| 2012-12-31 | $5.04K | -- |