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Generative AI Solutions (Generative AI Solutions) Return-on-Tangible-Equity : -634.89% (As of Jan. 2024)


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What is Generative AI Solutions Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Generative AI Solutions's annualized net income for the quarter that ended in Jan. 2024 was $-42.44 Mil. Generative AI Solutions's average shareholder tangible equity for the quarter that ended in Jan. 2024 was $6.68 Mil. Therefore, Generative AI Solutions's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2024 was -634.89%.

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

AICOF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -781.16   Med: -390.47   Max: 0.23
Current: -268.71

During the past 3 years, Generative AI Solutions's highest Return-on-Tangible-Equity was 0.23%. The lowest was -781.16%. And the median was -390.47%.

AICOF's Return-on-Tangible-Equity is ranked worse than
95.03% of 2373 companies
in the Software industry
Industry Median: 7.97 vs AICOF: -268.71

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

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

Generative AI Solutions Return-on-Tangible-Equity Chart

Generative AI Solutions Annual Data
Trend Feb22 Jan23 Jan24
Return-on-Tangible-Equity
- 0.22 -781.27

Generative AI Solutions Quarterly Data
May20 Aug20 Nov20 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 Jul23 Oct23 Jan24
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -169.38 -46.81 -86.35 -28.82 -634.89

Competitive Comparison of Generative AI Solutions's Return-on-Tangible-Equity

For the Software - Application subindustry, Generative AI Solutions's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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's Return-on-Tangible-Equity Distribution in the Software Industry

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

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



Generative AI Solutions Return-on-Tangible-Equity Calculation

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

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jan. 2024 )  (A: Jan. 2023 )(A: Jan. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jan. 2024 )  (A: Jan. 2023 )(A: Jan. 2024 )
=-12.387/( (0.29+2.881 )/ 2 )
=-12.387/1.5855
=-781.27 %

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

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jan. 2024 )  (Q: Oct. 2023 )(Q: Jan. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jan. 2024 )  (Q: Oct. 2023 )(Q: Jan. 2024 )
=-42.436/( (10.487+2.881)/ 2 )
=-42.436/6.684
=-634.89 %

* 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Jan. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


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

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


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

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Generative AI Solutions (Generative AI Solutions) Business Description

Traded in Other Exchanges
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.

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