OKAIF (EvokAI Creative Labs) Total Assets: $0.08 Mil (As of Sep. 2024)

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OKAIF EvokAI Creative Labs Inc OKAIF
15 GF Score
Price $0.12
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What is EvokAI Creative Labs Total Assets?

EvokAI Creative Labs OKAIF -30.15% 15 Total Assets is $0.08 Mil as of Sep. 2024. GuruFocus rates OKAIF with a GF Score™ of 15/100.

EvokAI Creative Labs's Total Assets for the quarter that ended in Sep. 2024 was $0.08 Mil.

Total Assets is connected with ROA %. EvokAI Creative Labs's annualized ROA % for the quarter that ended in Sep. 2024 was -742.08%. Total Assets is also linked to Revenue through Asset Turnover. EvokAI Creative Labs's Asset Turnover for the quarter that ended in Sep. 2024 was 0.00.

EvokAI Creative Labs  (OTCPK:OKAIF) Total Assets Explanation

Total Assets is connected with ROA %.

EvokAI Creative Labs's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=-0.82/( (0.142+0.079)/ 2 )
=-0.82/0.1105
=-742.08 %

Note: The Net Income data used here is four times the quarterly (Sep. 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.

EvokAI Creative Labs's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=0/( (0.142+0.079)/ 2 )
=0/0.1105
=0.00

* 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.

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.

EvokAI Creative Labs Total Assets Related Terms

EvokAI Creative Labs Total Assets Historical Data

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The historical data trend for EvokAI Creative Labs'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.

EvokAI Creative Labs Total Assets Chart

EvokAI Creative Labs Annual Data
Trend Dec21 Dec22 Dec23
Total Assets
0.06 0.00 0.87

EvokAI Creative Labs Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.83 0.87 0.40 0.14 0.08
OKAIF
15GF Score
EvokAI Creative Labs Inc OKAIF
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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EvokAI Creative Labs 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.

EvokAI Creative Labs's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=-0.284+1.158
=0.87

EvokAI Creative Labs's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets=Total Equity (Q: Sep. 2024 )+Total Liabilities (Q: Sep. 2024 )
=-0.977+1.056
=0.08

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $0.08 Mil mean?
EvokAI Creative Labs (OKAIF) has a Total Assets of $0.08 Mil as of Sep. 2024. The total amount of assets as recorded on a company's balance sheet. View historical data on EvokAI Creative Labs and its competitors.
Is EvokAI Creative Labs' Total Assets too high?
EvokAI Creative Labs' current Total Assets is $0.08 Mil. Overall, EvokAI Creative Labs has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does EvokAI Creative Labs' Total Assets compare to VEEV and GEHC?
EvokAI Creative Labs' Total Assets of $0.08 Mil can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Healthcare Providers & Services company?
A good Total Assets depends on the Healthcare Providers & Services industry context. However, Total Assets 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 Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on EvokAI Creative Labs and its competitors. EvokAI Creative Labs's current Total Assets is $0.08 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EvokAI Creative Labs stock overvalued right now?
EvokAI Creative Labs (OKAIF) has a current Total Assets of $0.08 Mil. The current Total Assets is $0.08 Mil. EvokAI Creative Labs' overall GF Score™ is 15/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For EvokAI Creative Labs (OKAIF), the current Total Assets is $0.08 Mil as of Sep. 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.

EvokAI Creative Labs Business Description

Address 609 Granville Street, Suite 1600, PO Box 10068, Pacific Centre, Vancouver, BC, CAN, V7Y 1C3
EvokAI Creative Labs Inc is a medtech artificial-intelligence-powered company. It deploys machine learning models to search medical data and uncover insights to help improve health outcomes, patient experiences, drug development, preclinical and clinical decisions, and provide more accurate diagnoses. EvokAI tailors its AI algorithms across the whole healthcare system, from hospitals, private clinics, research institutions, pharmaceutical companies, and contract research organizations to medical professionals, patients, and healthy individuals aiming at preventing and early detecting any kind of disease and beyond, protecting the aging genome.
15GF Score

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Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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