Predictmedix Stock

Predictmedix Debt 2024

Predictmedix Debt

-0.04 CAD

Ticker

PMED.CN

ISIN

CA74040L1004

WKN

A2P20P

In 2024, Predictmedix's total debt was -0.04 CAD, a -82.55% change from the -0.21 CAD total debt recorded in the previous year.

Predictmedix Aktienanalyse

What does Predictmedix do?

Predictmedix Inc is a Canadian company specializing in the development and implementation of technologies for predicting health risks. The company was founded in 2017 and is headquartered in Toronto. The business model of Predictmedix is based on the use of artificial intelligence and machine learning technologies to detect and diagnose health risks early. The company offers a variety of products and services aimed at improving people's health and well-being. Predictmedix is divided into four different divisions, each serving a different target audience. The first division of Predictmedix specializes in predicting drug intoxication. Here, the company develops innovative screening tools that can detect the consumption of illegal substances such as cannabis, cocaine, or methamphetamine in real time. This technology is of particular interest to employers and government agencies to enable security checks for their employees and citizens. The second division of Predictmedix specializes in predicting diseases related to mental health. Here, the company develops technologies that can diagnose and treat the condition of patients early. For example, Predictmedix offers a service for detecting depression based on just two minutes of video footage. This technology is used in medicine as a screening tool for preventing depression and quickly diagnosing patients. The third division of Predictmedix focuses on predicting infectious diseases. The company develops technologies that can determine the health status of individuals in real time to minimize the risk of potential virus infections such as COVID-19. This is particularly of interest in public facilities such as schools, airports, bus stations, or clinics. The fourth and final division of Predictmedix deals with predicting alcohol intoxication in drivers. Here, the company develops technologies that can measure blood alcohol content in real time and prevent the driver from operating a vehicle. This technology has the potential to save lives and reduce accidents, especially in countries with high alcohol consumption rates. Predictmedix has launched several product lines in recent years. Among other things, the company developed a hybrid kiosk that allows for the prediction of drug and alcohol intoxication. The Smart Kiosk technology is easy to use and provides fast and accurate results in less than a minute. The kiosks have already been installed in several public facilities and retail chains. In addition to its products and services, Predictmedix also offers a range of consulting services. This includes advising government agencies, employers, and medical facilities on the implementation of risk analysis technologies. Predictmedix has received numerous awards in recent years. In 2021, the company won the TechX Award for the best solution in public health. The company also plans to expand globally to provide innovative risk assessment technologies in all parts of the world. In conclusion, Predictmedix Inc is an innovative company specializing in the development and implementation of technologies for predicting health risks. The company offers a variety of products and services aimed at improving people's health and well-being. Predictmedix ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Debt Details

Understanding Predictmedix's Debt Structure

Predictmedix's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.

Year-to-Year Comparison

Analyzing Predictmedix's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.

Impact on Investments

Investors pay close attention to Predictmedix’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.

Interpreting Debt Fluctuations

Shifts in Predictmedix’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.

Frequently Asked Questions about Predictmedix stock

What is the debt of Predictmedix this year?

Predictmedix has a debt level of -0.04 CAD this year.

What was the debt of Predictmedix compared to the previous year?

The debt of Predictmedix has increased by -82.55% compared to the previous year dropped.

What are the consequences of high debt for investors in Predictmedix?

High debt can pose a risk for investors of Predictmedix, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.

What are the consequences of low debt for investors of Predictmedix?

Low debt means that Predictmedix has a strong financial position and is able to fulfill its obligations without overburdening its finances.

How does an increase in debt from Predictmedix affect the company?

An increase in debt of Predictmedix can adversely affect the financial condition of the company and result in a higher burden on its finances.

How does a reduction of debt of Predictmedix affect the company?

A reduction in debt of Predictmedix can strengthen the company's financial position and improve its ability to meet its financial obligations.

What are some factors that influence the debt of Predictmedix?

Some factors that can influence the debt of Predictmedix include investments, acquisitions, operating costs, and revenue development.

Why are the debts of Predictmedix so important for investors?

The debts of Predictmedix are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.

What strategic measures can Predictmedix take to change the debt?

To change the debt, Predictmedix can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.

How much dividend does Predictmedix pay?

Over the past 12 months, Predictmedix paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Predictmedix is expected to pay a dividend of 0 CAD.

What is the dividend yield of Predictmedix?

The current dividend yield of Predictmedix is .

When does Predictmedix pay dividends?

Predictmedix pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Predictmedix?

Predictmedix paid dividends every year for the past 0 years.

What is the dividend of Predictmedix?

For the upcoming 12 months, dividends amounting to 0 CAD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Predictmedix located?

Predictmedix is assigned to the '-' sector.

Wann musste ich die Aktien von Predictmedix kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Predictmedix from 10/4/2024 amounting to 0 CAD, you needed to have the stock in your portfolio before the ex-date on 10/4/2024.

When did Predictmedix pay the last dividend?

The last dividend was paid out on 10/4/2024.

What was the dividend of Predictmedix in the year 2023?

In the year 2023, Predictmedix distributed 0 CAD as dividends.

In which currency does Predictmedix pay out the dividend?

The dividends of Predictmedix are distributed in CAD.

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Andere Kennzahlen von Predictmedix

Our stock analysis for Predictmedix Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Predictmedix Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.