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Infinitii Ai (XCNQ:IAI) Debt-to-Equity : -1.51 (As of Dec. 2023)


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What is Infinitii Ai Debt-to-Equity?

Infinitii Ai's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$1.02 Mil. Infinitii Ai's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.30 Mil. Infinitii Ai's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$-0.87 Mil. Infinitii Ai's debt to equity for the quarter that ended in Dec. 2023 was -1.51.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Infinitii Ai's Debt-to-Equity or its related term are showing as below:

XCNQ:IAI' s Debt-to-Equity Range Over the Past 10 Years
Min: -5.68   Med: 0.18   Max: 5.93
Current: -1.51

During the past 10 years, the highest Debt-to-Equity Ratio of Infinitii Ai was 5.93. The lowest was -5.68. And the median was 0.18.

XCNQ:IAI's Debt-to-Equity is not ranked
in the Software industry.
Industry Median: 0.21 vs XCNQ:IAI: -1.51

Infinitii Ai Debt-to-Equity Historical Data

The historical data trend for Infinitii Ai's Debt-to-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.

Infinitii Ai Debt-to-Equity Chart

Infinitii Ai Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.05 -2.68 0.22 0.89 -1.70

Infinitii Ai Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-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 -4.49 -4.13 -1.70 -1.24 -1.51

Competitive Comparison of Infinitii Ai's Debt-to-Equity

For the Software - Application subindustry, Infinitii Ai's Debt-to-Equity, along with its competitors' market caps and Debt-to-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.


Infinitii Ai's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Infinitii Ai's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Infinitii Ai's Debt-to-Equity falls into.



Infinitii Ai Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Infinitii Ai's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Infinitii Ai's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Infinitii Ai  (XCNQ:IAI) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Infinitii Ai Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Infinitii Ai's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Infinitii Ai (XCNQ:IAI) Business Description

Traded in Other Exchanges
Address
1090 West Georgia Street, Suite 488, Vancouver, BC, CAN, V6E 3V7
Infinitii Ai Inc provides environmental monitoring to water infrastructure utilities in the U.S and Canada. The group has developed AI-driven predictive analytics software for Smart City and Smart Industry infrastructure operations that rely on time-series data. The software performs real-time analysis, checks flow monitoring status, sets alarms through a single interface, accepts all types of data from any source, and offers predictive and prescriptive machine learning analytics. The company serves its customers through a trusted partner network that includes engineering and IT services companies like AECOM, Core & Main, Kerr Wood Leidal, K2 Geospatial, and CSL Services. It has one segment, comprised of data services. It derives the majority of its revenue from Canada.
Executives
Sheldon Inwentash 10% Security Holder
Threed Capital Inc. 10% Security Holder