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STAIScanTech AI Systems Inc.
$0.14$8M
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  4. Financial Ratios

ScanTech AI Systems Inc. (STAI) Financial Ratios

Latest Ratios: P/E Ratio -0.1x · EV/EBITDA N/A · ROE N/A. (2021–2024 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

STAI Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTMFY 2024FY 2023FY 2022FY 2021
Market Cap$8M$183M$208M——
Enterprise Value$58M$233M$251M——
P/E Ratio →-0.12————
P/S Ratio15.01337.60———
P/B Ratio—————
P/FCF—————
P/OCF—————

P/E links to full P/E history page with 30-year chart

STAI EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTMFY 2024FY 2023FY 2022FY 2021
EV / Revenue—429.77———
EV / EBITDA—————
EV / EBIT—————
EV / FCF—————

STAI Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2024FY 2023FY 2022FY 2021
Gross Margin17.4%17.4%———
Operating Margin-1644.8%-1644.8%———
Net Profit Margin-4254.4%-4254.4%———

Return on Capital

MetricTTMFY 2024FY 2023FY 2022FY 2021
ROE—————
ROA-1317.3%-1317.3%-3305.5%-1861.8%-1398.4%
ROIC—————
ROCE—————

STAI Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2024FY 2023FY 2022FY 2021
Debt / Equity—————
Debt / EBITDA—————
Net Debt / Equity—————
Net Debt / EBITDA—————
Debt / FCF—————
Interest Coverage-0.87-0.87-2.47-0.76-0.67

STAI Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2024FY 2023FY 2022FY 2021
Current Ratio0.010.010.010.010.01
Quick Ratio0.000.000.010.010.01
Cash Ratio0.000.000.000.000.00
Asset Turnover—0.25———
Inventory Turnover0.310.31———
Days Sales Outstanding—304.44———

STAI Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTMFY 2024FY 2023FY 2022FY 2021
Dividend Yield—————
Payout Ratio—————

Total Shareholder Return Metrics

MetricTTMFY 2024FY 2023FY 2022FY 2021
Earnings Yield—————
FCF Yield—————
Buyback Yield0.1%0.0%0.0%——
Total Shareholder Yield0.1%0.0%0.0%——
Shares Outstanding—$20M$20M$20M$20M

Key Metrics

Growth RegimeMixed
ProfitabilityNegative
Balance SheetVulnerable
Cash FlowBurning
Top Statement Risk

Immediate insolvency and dilution

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2025Q3)

Distressed Valuation Reflects Operational Uncertainty

According to current market data, STAI trades at a P/S multiple of 15.23, a figure that appears disconnected from the company's lack of commercial scale and persistent net losses, suggesting investors are pricing in speculative AI-driven upside rather than the underlying reality of a distressed hardware manufacturer.

The elevated P/S ratio relative to the company's negligible revenue base implies that the market is assigning a premium to the firm's intellectual property rather than its current financial performance. This valuation is highly precarious, as any failure to secure regulatory approvals or additional funding could lead to a rapid compression of these multiples.

Working Capital Inefficiency Hinders Liquidity

Based on reported figures, STAI's cash conversion cycle remains deeply negative, with a 2025Q3 CCC of -504 days, which indicates that the company is struggling to manage its supplier relationships and inventory turnover effectively while attempting to scale its SENTINEL CT hardware deployment.

The extreme volatility in days sales outstanding and days payable outstanding suggests a lack of operational maturity and potential friction in the procurement-to-cash process. This inefficiency exacerbates the company's liquidity constraints, as capital remains trapped in inventory and uncollected receivables rather than supporting core R&D activities.

Critical Liquidity Shortfall Threatens Continuity

As reported in recent financial statements, STAI's current ratio of 0.18 in 2025Q3 highlights a severe liquidity crisis, as the firm's cash reserves are insufficient to cover its immediate short-term obligations, leaving the business with virtually no buffer against operational shocks or unexpected delays in project milestones.

The quick ratio of 0.12 further confirms that the company is almost entirely dependent on external financing to maintain its day-to-day operations. This position warrants significant caution, as the firm lacks the internal cash generation required to sustain its current cost structure without further dilutive equity issuance.

Misapplication of Growth-Stage Valuation Metrics

Investors frequently misapply traditional growth-stage valuation metrics like P/S to STAI, which obscures the company's fundamental status as a distressed entity, as these ratios fail to account for the existential risk posed by the firm's negative equity and the high probability of future shareholder dilution.

Instead of relying on revenue multiples, analysts should focus on the 'liquidity runway' and the probability of successful regulatory certification, as these are the true determinants of the company's survival. Using standard valuation multiples for a firm with such extreme cash burn and negative margins provides a misleading picture of its intrinsic value.

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Includes 30+ ratios · 4 years · Updated daily

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STAI — Frequently Asked Questions

Quick answers to the most common questions about buying STAI stock.

What is ScanTech AI Systems Inc.'s P/E ratio?

ScanTech AI Systems Inc.'s current P/E ratio is -0.1x. This places it at the 50th percentile of its historical range.

Is STAI stock overvalued?

Based on historical data, ScanTech AI Systems Inc. is trading at a P/E of -0.1x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.

What are ScanTech AI Systems Inc.'s profit margins?

ScanTech AI Systems Inc. has 17.4% gross margin and -1644.8% operating margin.