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Infinitii Ai (XCNQ:IAI) Total Assets : C$0.91 Mil (As of Dec. 2023)


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What is Infinitii Ai Total Assets?

Infinitii Ai's Total Assets for the quarter that ended in Dec. 2023 was C$0.91 Mil.

During the past 12 months, Infinitii Ai's average Total Assets Growth Rate was -17.50% per year. During the past 3 years, the average Total Assets Growth Rate was -40.00% per year. During the past 5 years, the average Total Assets Growth Rate was -36.20% per year.

During the past 10 years, Infinitii Ai's highest 3-Year average Total Assets Growth Rate was 134.80%. The lowest was -44.30%. And the median was 22.90%.

Total Assets is connected with ROA %. Infinitii Ai's annualized ROA % for the quarter that ended in Dec. 2023 was -170.45%. Total Assets is also linked to Revenue through Asset Turnover. Infinitii Ai's Asset Turnover for the quarter that ended in Dec. 2023 was 0.70.


Infinitii Ai Total Assets Historical Data

The historical data trend for Infinitii Ai's Total Assets 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 Total Assets Chart

Infinitii Ai Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.12 2.86 4.19 1.73 1.07

Infinitii Ai Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Assets 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 0.93 1.37 1.07 0.73 0.91

Infinitii Ai Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Infinitii Ai's Total Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Assets=Total Equity (A: Jun. 2023 )+Total Liabilities (A: Jun. 2023 )
=-0.598+1.67
=1.07

Infinitii Ai's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (Q: Dec. 2023 )+Total Liabilities (Q: Dec. 2023 )
=-0.874+1.781
=0.91

* 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) Total Assets Explanation

Total Assets is connected with ROA %.

Infinitii Ai's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=-1.396/( (0.73+0.908)/ 2 )
=-1.396/0.819
=-170.45 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Infinitii Ai's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=0.573/( (0.73+0.908)/ 2 )
=0.573/0.819
=0.70

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Infinitii Ai Total Assets Related Terms

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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