AI/ML Innovations Balance Sheet Health
Financial Health criteria checks 3/6
AI/ML Innovations has a total shareholder equity of CA$705.8K and total debt of CA$769.4K, which brings its debt-to-equity ratio to 109%. Its total assets and total liabilities are CA$2.2M and CA$1.5M respectively.
Key information
109.0%
Debt to equity ratio
CA$769.37k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$502.15k |
| Equity | CA$705.76k |
| Total liabilities | CA$1.49m |
| Total assets | CA$2.20m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AIML's short term assets (CA$692.1K) do not cover its short term liabilities (CA$1.5M).
Long Term Liabilities: AIML has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AIML's net debt to equity ratio (37.9%) is considered satisfactory.
Reducing Debt: AIML had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: AIML has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AIML has less than a year of cash runway if free cash flow continues to reduce at historical rates of 38.4% each year