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Artificial Intelligence Technology Solutions (Artificial Intelligence Technology Solutions) Net Cash per Share : $-0.01 (As of Nov. 2023)


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What is Artificial Intelligence Technology Solutions Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Artificial Intelligence Technology Solutions's Net Cash per Share for the quarter that ended in Nov. 2023 was $-0.01.

The historical rank and industry rank for Artificial Intelligence Technology Solutions's Net Cash per Share or its related term are showing as below:

AITX's Price-to-Net-Cash is not ranked *
in the Hardware industry.
Industry Median: 8.96
* Ranked among companies with meaningful Price-to-Net-Cash only.

Artificial Intelligence Technology Solutions Net Cash per Share Historical Data

The historical data trend for Artificial Intelligence Technology Solutions's Net Cash per Share 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.

Artificial Intelligence Technology Solutions Net Cash per Share Chart

Artificial Intelligence Technology Solutions Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -818.87 -51.23 - -0.01 -0.01

Artificial Intelligence Technology Solutions Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.01 -0.01 -0.01 -0.01 -0.01

Competitive Comparison of Artificial Intelligence Technology Solutions's Net Cash per Share

For the Computer Hardware subindustry, Artificial Intelligence Technology Solutions's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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.


Artificial Intelligence Technology Solutions's Price-to-Net-Cash Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Artificial Intelligence Technology Solutions's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Artificial Intelligence Technology Solutions's Price-to-Net-Cash falls into.



Artificial Intelligence Technology Solutions Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Artificial Intelligence Technology Solutions's Net Cash per Share for the fiscal year that ended in Feb. 2023 is calculated as

Net Cash per Share (A: Feb. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.94-38.14-0)/5848.74
=-0.01

Artificial Intelligence Technology Solutions's Net Cash per Share for the quarter that ended in Nov. 2023 is calculated as

Net Cash per Share (Q: Nov. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.097-43.329-0)/7715.14
=-0.01

* 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.


Artificial Intelligence Technology Solutions  (OTCPK:AITX) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Artificial Intelligence Technology Solutions Net Cash per Share Related Terms

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Artificial Intelligence Technology Solutions (Artificial Intelligence Technology Solutions) Business Description

Traded in Other Exchanges
N/A
Address
10800 Galaxie Avenue, Ferndale, MI, USA, 48220
Website
Artificial Intelligence Technology Solutions Inc through its wholly-owned subsidiary delivers robotics and artificial intelligence-based solutions for operational, security, and monitoring needs. It also creates its own software leading to the development of powerful tools such as RADSOC, RADPMC, and RADGuard.