Artificial Intelligence Technology Solutions
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Artificial Intelligence Technology Solutions's balance sheet done over the years? Its assets were worth $7,596,791 last year, which is more than in the previous period. 629% of Artificial Intelligence Technology Solutions’s total assets is currently financed by debt. Its liabilities reached the amount of $47,796,348, which means an increase by 25% compared compared to last year.
Debt to Assets
| 2015 | 88059 | 1.11M | 1266.83% |
|---|---|---|---|
| 2016 | 9446 | 1.57M | 16710.01% |
| 2017 | 3100 | 15.26M | 492341.68% |
| 2018 | 736583 | 34.99M | 4751.6% |
| 2019 | 591049 | 16.42M | 2778.58% |
| 2020 | 343642 | 21.45M | 6241.97% |
| 2021 | 1567353 | 16.11M | 1027.91% |
| 2022 | 9279018 | 30.25M | 326.06% |
| 2023 | 6296858 | 38.13M | 605.7% |
| 2024 | 7596791 | 47.79M | 629.16% |
AITX Balance Sheet (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 105.92K | 939.75K | 4.64M | 1.04M | 13.30K | 21.19K | 24.77K | 3.1K | 2.22K | 2.67K |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 756.08K | 265.02K | 429.46K | 98.54K | 50.11K | 39.96K | 68K | 7.77K | 0 | 5.25K |
Inventory | 2.13M | 1.63M | 1.53M | 64.07K | 24.78K | 273.49K | 316.11K | 1 | 0 | 0 |
Other current assets | 1.24M | 596.31K | 442.16K | -5 | 0 | 32.02K | 83.10K | 150K | 3.48K | 0 |
Total current assets | 3.61M | 3.43M | 7.05M | 1.20M | 88.21K | 366.68K | 491.98K | 3.1K | 5.70K | 7.92K |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 3.88M | 2.75M | 2.17M | 356.46K | 255.42K | 224.36K | 158.20K | 126.55K | 3.73K | 80.13K |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 27.08K | 27.08K | 28.72K | 0 | 0 | 0 | 56.24K | 0 | 0 | 0 |
Long term investments | 50K | 50K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current assets | 15.88K | 1.33M | 21.23K | 3.85K | -255.42K | -224.36K | 30.14K | 0 | 0 | 0 |
Total non-current assets | 3.98M | 2.85M | 2.22M | 360.32K | 255.42K | 224.36K | 244.59K | 126.55K | 3.73K | 80.13K |
Total assets | 7.59M | 6.29M | 9.27M | 1.56M | 343.64K | 591.04K | 736.58K | 3.1K | 9.44K | 88.05K |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 73.70K | 9.9K | 10K | 10.5K | 10K | 10K | 10K | 457.77K | 1.59K | 0 |
Short term debt | 13.72M | 10.41M | 1.49M | 2.12M | 8.65M | 6.64M | 2.45M | 70.42K | 557.86K | 459.88K |
Total current liabilities | 21.71M | 16.04M | 4.54M | 4.41M | 19.67M | 15.74M | 34.78M | 15.17M | 1.04M | 886.46K |
| Non-current liabilities: | ||||||||||
Long term debt | 15.68M | 16.50M | 21.36M | 8.87M | 69.51K | 403.43K | 159.39K | 403.13K | 425.89K | 208.89K |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 10.39M | 5.58M | 4.34M | 2.82M | 1.70M | 275.73K | 55.91K | 0 | 105.49K | 20.2K |
Total non-current liabilities | 26.08M | 22.09M | 25.70M | 11.70M | 1.77M | 679.16K | 215.30K | 83.07K | 531.39K | 229.09K |
Total liabilities | 47.79M | 38.13M | 30.25M | 16.11M | 21.45M | 16.42M | 34.99M | 15.26M | 1.57M | 1.11M |
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