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Railtown AI Technologies (XCNQ:RAIL) Equity-to-Asset : 0.08 (As of Dec. 2023)


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What is Railtown AI Technologies Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Railtown AI Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$0.05 Mil. Railtown AI Technologies's Total Assets for the quarter that ended in Dec. 2023 was C$0.66 Mil.

The historical rank and industry rank for Railtown AI Technologies's Equity-to-Asset or its related term are showing as below:

XCNQ:RAIL' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.08   Med: 0.7   Max: 0.96
Current: 0.08

During the past 4 years, the highest Equity to Asset Ratio of Railtown AI Technologies was 0.96. The lowest was -0.08. And the median was 0.70.

XCNQ:RAIL's Equity-to-Asset is ranked worse than
89.06% of 2852 companies
in the Software industry
Industry Median: 0.55 vs XCNQ:RAIL: 0.08

Railtown AI Technologies Equity-to-Asset Historical Data

The historical data trend for Railtown AI Technologies's Equity-to-Asset 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.

* Premium members only.

Railtown AI Technologies Equity-to-Asset Chart

Railtown AI Technologies Annual Data
Trend Sep20 Sep21 Sep22 Sep23
Equity-to-Asset
0.90 0.47 0.70 0.57

Railtown AI Technologies Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.39 -0.08 0.72 0.57 0.08

Competitive Comparison of Railtown AI Technologies's Equity-to-Asset

For the Software - Infrastructure subindustry, Railtown AI Technologies's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Railtown AI Technologies's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Railtown AI Technologies's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Railtown AI Technologies's Equity-to-Asset falls into.



Railtown AI Technologies Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Railtown AI Technologies's Equity to Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Equity to Asset (A: Sep. 2023 )=Total Stockholders Equity/Total Assets
=0.791/1.4
=

Railtown AI Technologies's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=0.052/0.664
=

* 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.


Railtown AI Technologies  (XCNQ:RAIL) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Railtown AI Technologies Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Railtown AI Technologies's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Railtown AI Technologies (XCNQ:RAIL) Business Description

Traded in Other Exchanges
Address
8337 Eastlake Drive, Unit 104, Burnaby, BC, CAN, V5A 4W2
Railtown AI Technologies Inc is engaged in the business of developing a software-as-a-service artificial intelligence solution that helps software development teams detect, analyze and fix errors quickly in their development projects. Its Platform allows for real-time exception monitoring and alerting which permits developers, team managers and executives to quickly locate, understand and correct errors in their software development projects and their root causes, thereby preventing system and application downtimes.
Executives
Cory Brandolini 10% Security Holder, Director