GLAI (Global AI) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2024)

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What is Global AI Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Global AI's cash to debt ratio for the quarter that ended in Sep. 2024 was No Debt ⁽¹⁾.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Global AI could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

(1) Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

The historical rank and industry rank for Global AI's Cash-to-Debt or its related term are showing as below:

GLAI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.06 Max: No Debt
Current: No Debt

During the past 13 years, Global AI's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was 0.06.

GLAI's Cash-to-Debt is ranked better than
99.71% of 1048 companies
in the Business Services industry
Industry Median: 1.035 vs GLAI: No Debt

Global AI Cash-to-Debt Historical Data

The historical data trend for Global AI's Cash-to-Debt 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.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Global AI Cash-to-Debt Chart

Global AI Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

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0.09

0.10

0.01

0.06

N/A

Global AI Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															N/A	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Global AI's Cash-to-Debt

For the Consulting Services subindustry, Global AI's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt 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.

Global AI's Cash-to-Debt Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Global AI's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Global AI's Cash-to-Debt falls into.

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Global AI Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Global AI's Cash to Debt Ratio for the fiscal year that ended in Sep. 2023 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

Global AI's Cash to Debt Ratio for the quarter that ended in Sep. 2024 is calculated as:

Global AI had no debt ⁽¹⁾.

Global AI (OTCPK:GLAI) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Global AI Cash-to-Debt Related Terms

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Global AI Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Global AI Inc (OTCPK:GLAI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

110 Front Street, Suite 300, Jupiter, FL, USA, 33477

Website

https://www.globalai.co

Global AI Inc is a company expects to acquire, integrate and develop artificial intelligence based technology companies and assets. The Company intends to focus its Acquisitions on machine and deep learning, generative AI, computer vision, natural language processing, and other AI technologies. The Company focuses on Acquisitions that are scalable and have revenue models that provide for tangible growth.

Executives

Ronald G. Teblum	director, 10 percent owner, officer: CEO	10635 NW 66TH CRT., PARKLAND FL 33076
Jerrold Dean Burden	director, 10 percent owner, officer: CFO/Secretary/Treasurer	2153 IMPERIAL POINT DRIVE, FORT LAUDERDALE FL 33308