GURUFOCUS.COM » STOCK LIST » Technology » Software » Genesis AI Corp (OTCPK:AIGFF) » Definitions » Cash-to-Debt

Genesis AI (Genesis AI) Cash-to-Debt : 12.43 (As of Dec. 2023)


View and export this data going back to 2017. Start your Free Trial

What is Genesis 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. Genesis AI's cash to debt ratio for the quarter that ended in Dec. 2023 was 12.43.

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, Genesis AI could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

AIGFF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04   Med: 0.76   Max: No Debt
Current: 12.53

During the past 13 years, Genesis AI's highest Cash to Debt Ratio was No Debt. The lowest was 0.04. And the median was 0.76.

AIGFF's Cash-to-Debt is ranked better than
70% of 2800 companies
in the Software industry
Industry Median: 2.44 vs AIGFF: 12.53

Genesis AI Cash-to-Debt Historical Data

The historical data trend for Genesis 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.

* Premium members only.

Genesis AI Cash-to-Debt Chart

Genesis AI Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.09 No Debt No Debt No Debt 2.97

Genesis AI Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.52 0.07 2.97 32.27 12.43

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

For the Software - Application subindustry, Genesis 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.

Genesis AI's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, Genesis AI's Cash-to-Debt distribution charts can be found below:

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


Genesis 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.

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

Cash to Debt Ratio= Cash, Cash Equivalents, Marketable Securities / Total Debt
= Cash, Cash Equivalents, Marketable Securities / (Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation)
=0.089 / (0.03 + 0)
=2.97

Genesis AI's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio= Cash, Cash Equivalents, Marketable Securities / Total Debt
= Cash, Cash Equivalents, Marketable Securities / (Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation)
=0.373 / (0.03 + 0)
=12.43

* 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.

Genesis AI  (OTCPK:AIGFF) 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.

Genesis AI Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Genesis AI's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Genesis AI (Genesis AI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Genesis AI Corp (OTCPK:AIGFF) » Definitions » Cash-to-Debt
Comparable Companies
TSXV:NCI XCNQ:IAI TSXV:INSP TSXV:FUND TSXV:NPA TSXV:RW TSXV:ZONE TSX:FDGE XCNQ:DVN TSXV:LQWD CRM XTER:SAP INTU NOW UBER CDNS SHOP WDAY XPAR:DSY ROP
Traded in Other Exchanges
NL8:Germany AIG:Canada
Address
1620 Dickson Avenue, Suite 750, Kelowna, BC, CAN, V1Y 9Y2
Website
https://security.gallagher.com
Genesis AI Corp Formerly Gallagher Security Corp is a cybersecurity specialist company. It specializes in creating solutions to provide key organizational stakeholders with accurate and timely business intelligence to increase security posture and reduce risk. Further, it holds a military grade, cybersecurity platform for small-to-medium-sized businesses, comprising blockchain event validation, cyber tagging, incident response, and rapid restoration.