Generative AI Solutions (Generative AI Solutions) Cash, Cash Equivalents, Marketable Securities : $1.23 Mil (As of Jan. 2024)

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What is Generative AI Solutions Cash, Cash Equivalents, Marketable Securities?

Generative AI Solutions's quarterly cash, cash equivalents, marketable securities declined from Jul. 2023 ($2.01 Mil) to Oct. 2023 ($1.58 Mil) but then stayed the same from Oct. 2023 ($1.58 Mil) to Jan. 2024 ($1.23 Mil).

Generative AI Solutions's annual cash, cash equivalents, marketable securities declined from Feb. 2022 ($10.41 Mil) to Jan. 2023 ($0.33 Mil) but then increased from Jan. 2023 ($0.33 Mil) to Jan. 2024 ($1.23 Mil).

Generative AI Solutions Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Generative AI Solutions's Cash, Cash Equivalents, Marketable Securities 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.

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Generative AI Solutions Cash, Cash Equivalents, Marketable Securities Chart

Generative AI Solutions Annual Data

Trend

Feb22

Jan23

Jan24

Cash, Cash Equivalents, Marketable Securities

10.41

0.33

1.23

Generative AI Solutions Quarterly Data
	May20	Aug20	Nov20	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	Jul23	Oct23	Jan24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial									2.83	2.99	2.01	1.58	1.23

Generative AI Solutions Cash, Cash Equivalents, Marketable Securities Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Generative AI Solutions (OTCPK:AICOF) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

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Generative AI Solutions (Generative AI Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Generative AI Solutions Corp (OTCPK:AICOF) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N8T:Germany AICO:Canada

Address

550 Burrard Street, Suite 2300, Bentall 5, Vancouver, BC, CAN, V6C 2B5

Website

https://www.genai-solutions.com

Generative AI Solutions Corp is an artificial intelligence company, focused on developing transformative AI-powered tools for businesses and consumers across multiple industries. The group develops state-of-the-art AI-based solutions that have broad applicability and can be seamlessly integrated into diverse workflows. The company leverages its expertise in machine learning, natural language processing, and data analytics, GenAI seeks to build versatile, high-performance tools that redefine efficiency, productivity, and user experience.