Guardforce AI Balance Sheet Health
Financial Health criteria checks 6/6
Guardforce AI has a total shareholder equity of $25.2M and total debt of $3.5M, which brings its debt-to-equity ratio to 13.9%. Its total assets and total liabilities are $45.8M and $20.7M respectively.
Key information
13.9%
Debt to equity ratio
US$3.49m
Debt
| Interest coverage ratio | n/a |
| Cash | US$20.24m |
| Equity | US$25.15m |
| Total liabilities | US$20.66m |
| Total assets | US$45.81m |
Recent financial health updates
Recent updates
Guardforce AI Co., Limited's (NASDAQ:GFAI) 33% Share Price Surge Not Quite Adding Up
Mar 14
Guardforce AI Co., Limited (NASDAQ:GFAI) Not Doing Enough For Some Investors As Its Shares Slump 37%
Jan 17Guardforce AI Co., Limited's (NASDAQ:GFAI) Business Is Yet to Catch Up With Its Share Price
Aug 03Guardforce AI GAAP EPS of -$0.18, revenue of $16.94M
Sep 30Guardforce stock gains on securing five-year contract by Bank of Thailand
Sep 19Guardforce announces LOI to acquire Shenzhen Kewei Robot Technology
Sep 13Guardforce stock gains on collaboration with Hong Kong Industrial AI, Robotics Centre
Jun 30A Look At The Fair Value Of Guardforce AI Co., Limited (NASDAQ:GFAI)
May 02Estimating The Intrinsic Value Of Guardforce AI Co., Limited (NASDAQ:GFAI)
Oct 19Financial Position Analysis
Short Term Liabilities: GFAI's short term assets ($31.1M) exceed its short term liabilities ($14.0M).
Long Term Liabilities: GFAI's short term assets ($31.1M) exceed its long term liabilities ($6.7M).
Debt to Equity History and Analysis
Debt Level: GFAI has more cash than its total debt.
Reducing Debt: GFAI's debt to equity ratio has reduced from 1419.3% to 13.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: GFAI has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: GFAI has sufficient cash runway for 2.9 years if free cash flow continues to reduce at historical rates of 58% each year.