VRSSD (VERSES AI) Debt-to-Asset : 2.17 (As of Dec. 2024)

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What is VERSES AI Debt-to-Asset?

VERSES AI's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $10.91 Mil. VERSES AI's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $0.14 Mil. VERSES AI's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2024 was $5.11 Mil. VERSES AI's debt to asset for the quarter that ended in Dec. 2024 was 2.16.

VERSES AI Debt-to-Asset Historical Data

The historical data trend for VERSES AI's Debt-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.

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VERSES AI Debt-to-Asset Chart

VERSES AI Annual Data

Trend

Mar22

Mar23

Mar24

Debt-to-Asset

0.04

0.60

0.38

VERSES AI Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Asset	Get a 7-Day Free Trial										0.01	0.38	0.76	1.01	2.17

Competitive Comparison of VERSES AI's Debt-to-Asset

For the Software - Infrastructure subindustry, VERSES AI's Debt-to-Asset, along with its competitors' market caps and Debt-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.

VERSES AI's Debt-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, VERSES AI's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where VERSES AI's Debt-to-Asset falls into.

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VERSES AI Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

VERSES AI's Debt-to-Asset for the fiscal year that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(2	+	0.141)	/	5.7
	=	0.38

VERSES AI's Debt-to-Asset for the quarter that ended in Dec. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(10.913	+	0.139)	/	5.106
	=	2.16

VERSES AI (OTCPK:VRSSD) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

VERSES AI Debt-to-Asset Related Terms

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VERSES AI Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » VERSES AI Inc (OTCPK:VRSSD) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

M13:Germany VERS:Canada

Address

205 - 810 Quayside Drive, New Westminster, BC, CAN, V3M 6B9

Website

https://www.verses.ai

VERSES AI Inc is a cognitive computing company building next-generation intelligent software systems modeled after the wisdom and genius of Nature. Designed around first principles found in science, physics and biology, its flagship product, Genius, is a suite of tools for machine learning researchers and engineers to model complex dynamic systems and generate autonomous intelligent agents that continuously reason, plan, and learn. Imagine a Smarter World that elevates human potential through technology inspired by Nature.