Generative AI Solutions (Generative AI Solutions) Total Assets : $3.62 Mil (As of Jan. 2024)

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What is Generative AI Solutions Total Assets?

Generative AI Solutions's Total Assets for the quarter that ended in Jan. 2024 was $3.62 Mil.

During the past 12 months, Generative AI Solutions's average Total Assets Growth Rate was 539.70% per year.

Total Assets is connected with ROA %. Generative AI Solutions's annualized ROA % for the quarter that ended in Jan. 2024 was -487.55%. Total Assets is also linked to Revenue through Asset Turnover. Generative AI Solutions's Asset Turnover for the quarter that ended in Jan. 2024 was 0.02.

Generative AI Solutions Total Assets Historical Data

The historical data trend for Generative AI Solutions's Total 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.

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Generative AI Solutions Total Assets Chart

Generative AI Solutions Annual Data

Trend

Feb22

Jan23

Jan24

Total Assets

10.95

0.71

3.62

Generative AI Solutions Quarterly Data
	May20	Aug20	Nov20	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	Jul23	Oct23	Jan24
Total Assets	Get a 7-Day Free Trial									2.86	3.02	14.65	13.79	3.62

Generative AI Solutions Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Generative AI Solutions's Total Assets for the fiscal year that ended in Jan. 2024 is calculated as

Total Assets	=	Total Equity (A: Jan. 2024 )	+	Total Liabilities (A: Jan. 2024 )
	=	2.751	+	0.872
	=	3.62

Generative AI Solutions's Total Assets for the quarter that ended in Jan. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jan. 2024 )	+	Total Liabilities (Q: Jan. 2024 )
	=	2.751	+	0.872
	=	3.62

Generative AI Solutions (OTCPK:AICOF) Total Assets Explanation

Total Assets is connected with ROA %.

Generative AI Solutions's annualized ROA % for the quarter that ended in Jan. 2024 is

ROA %	=	Net Income (Q: Jan. 2024 )	/	( (Total Assets (Q: Oct. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
	=	-42.436	/	( (13.786	+	3.622)	/ 2 )
	=	-42.436	/	8.704
	=	-487.55 %

Note: The Net Income data used here is four times the quarterly (Jan. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Generative AI Solutions's Asset Turnover for the quarter that ended in Jan. 2024 is

	Asset Turnover
=	Revenue (Q: Jan. 2024 )	/	( (Total Assets (Q: Oct. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
=	0.136	/	( (13.786	+	3.622)	/ 2 )
=	0.136	/	8.704
=	0.02

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Generative AI Solutions Total Assets Related Terms

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Generative AI Solutions (Generative AI Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Generative AI Solutions Corp (OTCPK:AICOF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N8T:Germany AICO:Canada

Address

550 Burrard Street, Suite 2300, Bentall 5, Vancouver, BC, CAN, V6C 2B5

Website

https://www.genai-solutions.com

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.