AI Artificial Intelligence Ventures Balance Sheet Health
Financial Health criteria checks 5/6
AI Artificial Intelligence Ventures has a total shareholder equity of CA$1.1M and total debt of CA$246.8K, which brings its debt-to-equity ratio to 22.8%. Its total assets and total liabilities are CA$2.2M and CA$1.1M respectively.
Key information
22.8%
Debt to equity ratio
CA$246.83k
Debt
Interest coverage ratio | n/a |
Cash | CA$1.99m |
Equity | CA$1.08m |
Total liabilities | CA$1.12m |
Total assets | CA$2.20m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AIVC's short term assets (CA$2.2M) exceed its short term liabilities (CA$1.1M).
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 4.3% to 22.8% 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: AIVC has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: AIVC has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 47.9% each year