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AI/ML Innovations (FRA:42FB) Liabilities-to-Assets : 0.68 (As of Jan. 2024)


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What is AI/ML Innovations Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. AI/ML Innovations's Total Liabilities for the quarter that ended in Jan. 2024 was €1.02 Mil. AI/ML Innovations's Total Assets for the quarter that ended in Jan. 2024 was €1.50 Mil. Therefore, AI/ML Innovations's Liabilities-to-Assets Ratio for the quarter that ended in Jan. 2024 was 0.68.


AI/ML Innovations Liabilities-to-Assets Historical Data

The historical data trend for AI/ML Innovations's Liabilities-to-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.

AI/ML Innovations Liabilities-to-Assets Chart

AI/ML Innovations Annual Data
Trend Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.99 13.38 6.68 0.42 0.76

AI/ML Innovations Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Jul23 Oct23 Jan24
Liabilities-to-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 1.21 1.20 0.65 0.78 0.68

Competitive Comparison of AI/ML Innovations's Liabilities-to-Assets

For the Health Information Services subindustry, AI/ML Innovations's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


AI/ML Innovations's Liabilities-to-Assets Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, AI/ML Innovations's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where AI/ML Innovations's Liabilities-to-Assets falls into.



AI/ML Innovations Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

AI/ML Innovations's Liabilities-to-Assets Ratio for the fiscal year that ended in Apr. 2022 is calculated as:

Liabilities-to-Assets (A: Apr. 2022 )=Total Liabilities/Total Assets
=1.137/1.496
=0.76

AI/ML Innovations's Liabilities-to-Assets Ratio for the quarter that ended in Jan. 2024 is calculated as

Liabilities-to-Assets (Q: Jan. 2024 )=Total Liabilities/Total Assets
=1.022/1.504
=0.68

* 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.


AI/ML Innovations  (FRA:42FB) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


AI/ML Innovations Liabilities-to-Assets Related Terms

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AI/ML Innovations (FRA:42FB) Business Description

Traded in Other Exchanges
Address
645 Fort Street, Suite 203, Victoria, BC, CAN, V8W 1G2
AI/ML Innovations Inc has realigned its business operations to capitalize on the burgeoning fields of artificial intelligence and machine learning, with an initial investment focus on emerging digital health and wellbeing companies that leverage AI, ML, cloud computing and digital platforms to drive transformative healthcare management solutions and precision support delivery across the health continuum. The company has strategic partnerships with Health Gauge, Tech2Health and other planned accretive investments.

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