Generative AI Solutions has a Cash Ratio of 1.83. It generally indicates that the company is able to cover all short-term debt and still have cash remaining.
The historical rank and industry rank for Generative AI Solutions's Cash Ratio or its related term are showing as below:
FRA:N8T'
s Cash Ratio Range Over the Past 10 Years
Min: 1.83 Med: 2.49 Max: 14.46
Current: 1.83
During the past 3 years, Generative AI Solutions's highest Cash Ratio was 14.46. The lowest was 1.83. And the median was 2.49.
FRA:N8T's Cash Ratio is ranked better than 73.59% of 2772
companies
in the Software industry
Industry Median: 0.76
vs FRA:N8T: 1.83
Generative AI Solutions Cash Ratio Historical Data
* 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.
Competitive Comparison of Generative AI Solutions's Cash Ratio
For the Software - Application subindustry, Generative AI Solutions's Cash Ratio, along with its competitors' market caps and Cash Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Generative AI Solutions's Cash Ratio Distribution in the Software Industry
For the Software industry and Technology sector, Generative AI Solutions's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Generative AI Solutions's Cash Ratio falls into.
Generative AI Solutions Cash Ratio Calculation
The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.
Generative AI Solutions's Cash Ratio for the fiscal year that ended in Jan. 2024 is calculated as:
* 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.
Generative AI Solutions (FRA:N8T) Cash Ratio Explanation
The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.
The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.
In general, the higher the cash ratio, the better the company's liquidity position.
Generative AI Solutions Cash Ratio Related Terms
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Generative AI Solutions (FRA:N8T) Business Description
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.
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