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AITX (Artificial Intelligence Technology Solutions) Market Cap : $31.57 Mil (As of Dec. 14, 2024)


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What is Artificial Intelligence Technology Solutions Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Artificial Intelligence Technology Solutions's share price for the quarter that ended in Aug. 2024 was $0.0032. Artificial Intelligence Technology Solutions's Shares Outstanding (EOP) for the quarter that ended in Aug. 2024 was 11,706.70 Mil. Therefore, Artificial Intelligence Technology Solutions's market cap for the quarter that ended in Aug. 2024 was $37.46 Mil.

Artificial Intelligence Technology Solutions's quarterly market cap increased from Feb. 2024 ($26.33 Mil) to May. 2024 ($74.71 Mil) but then declined from May. 2024 ($74.71 Mil) to Aug. 2024 ($37.46 Mil).

Artificial Intelligence Technology Solutions's annual market cap declined from Feb. 2022 ($89.97 Mil) to Feb. 2023 ($46.79 Mil) and declined from Feb. 2023 ($46.79 Mil) to Feb. 2024 ($26.33 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Artificial Intelligence Technology Solutions's Enterprise Value for Today is $65.67 Mil.


Artificial Intelligence Technology Solutions Market Cap Historical Data

The historical data trend for Artificial Intelligence Technology Solutions's Market Cap 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.

Artificial Intelligence Technology Solutions Market Cap Chart

Artificial Intelligence Technology Solutions Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.59 445.66 89.97 46.79 26.33

Artificial Intelligence Technology Solutions Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
Market Cap 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 35.90 41.28 26.33 74.71 37.46

Competitive Comparison of Artificial Intelligence Technology Solutions's Market Cap

For the Computer Hardware subindustry, Artificial Intelligence Technology Solutions's Market Cap, along with its competitors' market caps and Market Cap 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.


Artificial Intelligence Technology Solutions's Market Cap Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Artificial Intelligence Technology Solutions's Market Cap distribution charts can be found below:

* The bar in red indicates where Artificial Intelligence Technology Solutions's Market Cap falls into.



Artificial Intelligence Technology Solutions Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Artificial Intelligence Technology Solutions's Market Cap for the fiscal year that ended in Feb. 2024 is calculated as

Market Cap (A: Feb. 2024 )=Share Price (A: Feb. 2024 )*Shares Outstanding (EOP) (A: Feb. 2024 )
=$0.00285*9238.75
=$26.33

Artificial Intelligence Technology Solutions's Market Cap for the quarter that ended in Aug. 2024 is calculated as

Market Cap (Q: Aug. 2024 )=Share Price (Q: Aug. 2024 )*Shares Outstanding (EOP) (Q: Aug. 2024 )
=$0.0032*11706.7
=$37.46

* 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.


Artificial Intelligence Technology Solutions  (OTCPK:AITX) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Artificial Intelligence Technology Solutions Market Cap Related Terms

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Artificial Intelligence Technology Solutions Business Description

Traded in Other Exchanges
N/A
Address
10800 Galaxie Avenue, Ferndale, MI, USA, 48220
Website
Artificial Intelligence Technology Solutions Inc through its wholly-owned subsidiary delivers robotics and artificial intelligence-based solutions for operational, security, and monitoring needs. It also creates its own software leading to the development of powerful tools such as RADSOC, RADPMC, and RADGuard.