AICOF (Generative AI Solutions) Return-on-Tangible-Asset: -45.27% (As of Oct. 2024)

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AICOF Generative AI Solutions Corp AICOF
34 GF Score
Price $0.01
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What is Generative AI Solutions Return-on-Tangible-Asset?

Generative AI Solutions AICOF 34 Return-on-Tangible-Asset is -45.27% as of Oct. 2024. GuruFocus rates AICOF with a GF Score™ of 34/100.

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Generative AI Solutions's annualized Net Income for the quarter that ended in Oct. 2024 was $-1.23 Mil. Generative AI Solutions's average total tangible assets for the quarter that ended in Oct. 2024 was $2.71 Mil. Therefore, Generative AI Solutions's annualized Return-on-Tangible-Asset for the quarter that ended in Oct. 2024 was -45.27%.

The historical rank and industry rank for Generative AI Solutions's Return-on-Tangible-Asset or its related term are showing as below:

AICOF's Return-on-Tangible-Asset is not ranked *
in the Software industry.
Industry Median: 2.055
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Generative AI Solutions  (OTCPK:AICOF) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


Generative AI Solutions Return-on-Tangible-Asset Related Terms


Generative AI Solutions Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Generative AI Solutions's Return-on-Tangible-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.

Generative AI Solutions Return-on-Tangible-Asset Chart

Generative AI Solutions Annual Data
Trend Feb22 Jan23 Jan24
Return-on-Tangible-Asset
0.00 0.19 -587.76

Generative AI Solutions Quarterly Data
May20 Aug20 Nov20 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
Return-on-Tangible-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 -25.30 -566.87 -39.13 -68.61 -45.27

AICOF vs QH, TRSO, OBLG: Return-on-Tangible-Asset Comparison

For the Software - Application subindustry, Generative AI Solutions's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-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.


Generative AI Solutions Return-on-Tangible-Asset vs Software Industry

For the Software industry and Technology sector, Generative AI Solutions's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Generative AI Solutions's Return-on-Tangible-Asset falls into.


AICOF
34GF Score
Generative AI Solutions Corp AICOF
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Generative AI Solutions Return-on-Tangible-Asset Calculation

Generative AI Solutions's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jan. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jan. 2024 )  (A: Jan. 2023 )(A: Jan. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jan. 2024 )  (A: Jan. 2023 )(A: Jan. 2024 )
=-12.387/( (0.593+3.622)/ 2 )
=-12.387/2.1075
=-587.76 %

Generative AI Solutions's annualized Return-on-Tangible-Asset for the quarter that ended in Oct. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Oct. 2024 )  (Q: Jul. 2024 )(Q: Oct. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Oct. 2024 )  (Q: Jul. 2024 )(Q: Oct. 2024 )
=-1.228/( (2.897+2.528)/ 2 )
=-1.228/2.7125
=-45.27 %

* 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.

In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Oct. 2024) net income data.

What does a Return-on-Tangible-Asset of -45.27% mean?
Generative AI Solutions (AICOF) has a Return-on-Tangible-Asset of -45.27% as of Oct. 2024. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Generative AI Solutions and its competitors.
Is Generative AI Solutions' Return-on-Tangible-Asset too high?
Generative AI Solutions' current Return-on-Tangible-Asset is -45.27%. Overall, Generative AI Solutions has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Generative AI Solutions' Return-on-Tangible-Asset compare to QH and TRSO?
Generative AI Solutions' Return-on-Tangible-Asset of -45.27% can be compared against companies in the Software industry. The industry median Return-on-Tangible-Asset is 2.06. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Software company?
The median Return-on-Tangible-Asset among Software companies is 2.06, based on 2,892 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Generative AI Solutions and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Generative AI Solutions's current Return-on-Tangible-Asset is -45.27%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Generative AI Solutions stock overvalued right now?
Generative AI Solutions (AICOF) has a current Return-on-Tangible-Asset of -45.27%. The current Return-on-Tangible-Asset is -45.27%. Generative AI Solutions' overall GF Score™ is 34/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Generative AI Solutions (AICOF), the current Return-on-Tangible-Asset is -45.27% as of Oct. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Generative AI Solutions Business Description

Address 550 Burrard Street, Suite 2300, Bentall 5, Vancouver, BC, CAN, V6C 2B5
Generative AI Solutions Corp is an artificial intelligence company, focused on developing transformative AI-powered tools for businesses and consumers across multiple industries. The group develops state-of-the-art AI-based solutions that have broad applicability and can be seamlessly integrated into diverse workflows. The company leverages its expertise in machine learning, natural language processing, and data analytics, GenAI seeks to build versatile, high-performance tools that redefine efficiency, productivity, and user experience.
34GF Score

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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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