AI Artificial Intelligence Ventures Balance Sheet Health
Financial Health criteria checks 5/6
AI Artificial Intelligence Ventures has a total shareholder equity of CA$1.2M and total debt of CA$246.8K, which brings its debt-to-equity ratio to 21.2%. Its total assets and total liabilities are CA$2.5M and CA$1.3M respectively.
Key information
21.2%
Debt to equity ratio
CA$246.83k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$2.17m |
| Equity | CA$1.16m |
| Total liabilities | CA$1.31m |
| Total assets | CA$2.47m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AIVC's short term assets (CA$2.5M) exceed its short term liabilities (CA$1.3M).
Long Term Liabilities: AIVC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AIVC has more cash than its total debt.
Reducing Debt: AIVC's debt to equity ratio has increased from 4.4% to 21.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable AIVC has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: AIVC is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 54.9% per year.