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Infinitii Ai (Infinitii Ai) Equity-to-Asset : -0.96 (As of Dec. 2023)


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What is Infinitii Ai Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Infinitii Ai's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-0.65 Mil. Infinitii Ai's Total Assets for the quarter that ended in Dec. 2023 was $0.68 Mil. Therefore, Infinitii Ai's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was -0.96.

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

CDTAF' s Equity-to-Asset Range Over the Past 10 Years
Min: -1.15   Med: 0.34   Max: 0.93
Current: -0.96

During the past 10 years, the highest Equity to Asset Ratio of Infinitii Ai was 0.93. The lowest was -1.15. And the median was 0.34.

CDTAF's Equity-to-Asset is ranked worse than
95.61% of 2849 companies
in the Software industry
Industry Median: 0.54 vs CDTAF: -0.96

Infinitii Ai Equity-to-Asset Historical Data

The historical data trend for Infinitii Ai's Equity-to-Asset 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 Equity-to-Asset Chart

Infinitii Ai Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 -0.39 0.66 0.34 -0.56

Infinitii Ai Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset 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 -0.13 -0.18 -0.56 -1.15 -0.96

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

For the Software - Application subindustry, Infinitii Ai's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset Distribution in the Software Industry

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

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



Infinitii Ai Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

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

Equity to Asset (A: Jun. 2023 )=Total Stockholders Equity/Total Assets
=-0.45/0.806
=-0.56

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

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=-0.651/0.677
=-0.96

* 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  (OTCPK:CDTAF) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Infinitii Ai Equity-to-Asset Related Terms

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Infinitii Ai (Infinitii Ai) 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.