AIUG (AI Unlimited Group) Current Ratio: 2.74 (As of Sep. 2024)


AIUG AI Unlimited Group Inc AIUG
19 GF Score
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What is AI Unlimited Group Current Ratio?

AI Unlimited Group AIUG 19 Current Ratio is 2.74 as of Sep. 2024. GuruFocus rates AIUG with a GF Score™ of 19/100.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. AI Unlimited Group's current ratio for the quarter that ended in Sep. 2024 was 2.74.

AI Unlimited Group has a current ratio of 2.74. It generally indicates good short-term financial strength.

The historical rank and industry rank for AI Unlimited Group's Current Ratio or its related term are showing as below:

AIUG's Current Ratio is not ranked *
in the Software industry.
Industry Median: 1.82
* Ranked among companies with meaningful Current Ratio only.

AI Unlimited Group  (OTCPK:AIUG) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


AI Unlimited Group Current Ratio Related Terms


AI Unlimited Group Current Ratio Historical Data

* Premium members only.

The historical data trend for AI Unlimited Group's Current Ratio 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.

AI Unlimited Group Current Ratio Chart

AI Unlimited Group Annual Data
Trend Dec22 Dec23
Current Ratio
1.19 0.02

AI Unlimited Group Quarterly Data
Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.26 0.02 0.00 0.15 2.74

AIUG vs RBBN, DOMO, DJCO: Current Ratio Comparison

For the Software - Application subindustry, AI Unlimited Group's Current Ratio, along with its competitors' market caps and Current 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.


AI Unlimited Group Current Ratio vs Software Industry

For the Software industry and Technology sector, AI Unlimited Group's Current Ratio distribution charts can be found below:

* The bar in red indicates where AI Unlimited Group's Current Ratio falls into.


AIUG
19GF Score
AI Unlimited Group Inc AIUG
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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AI Unlimited Group Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

AI Unlimited Group's Current Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Current Ratio (A: Dec. 2023 )=Total Current Assets (A: Dec. 2023 )/Total Current Liabilities (A: Dec. 2023 )
=0.011/0.622
=0.02

AI Unlimited Group's Current Ratio for the quarter that ended in Sep. 2024 is calculated as

Current Ratio (Q: Sep. 2024 )=Total Current Assets (Q: Sep. 2024 )/Total Current Liabilities (Q: Sep. 2024 )
=0.982/0.359
=2.74

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 2.74 mean?
AI Unlimited Group (AIUG) has a Current Ratio of 2.74 as of Sep. 2024.
Is AI Unlimited Group's Current Ratio too high?
AI Unlimited Group's current Current Ratio is 2.74. The Software industry median Current Ratio is 1.82. AI Unlimited Group's value of 2.74 is 50.5% above this industry median. Overall, AI Unlimited Group has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does AI Unlimited Group's Current Ratio compare to RBBN and DOMO?
AI Unlimited Group's Current Ratio of 2.74 can be compared against companies in the Software industry. The industry median Current Ratio is 1.82. AI Unlimited Group's value of 2.74 is 50.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Software company?
The median Current Ratio among Software companies is 1.82, based on 2,865 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AI Unlimited Group's current Current Ratio of 2.74 is 50.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Software industry, the median Current Ratio is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AI Unlimited Group's current Current Ratio is 2.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AI Unlimited Group stock overvalued right now?
AI Unlimited Group (AIUG) has a current Current Ratio of 2.74. The current Current Ratio is 2.74 and 50.5% above the Software industry median of 1.82. AI Unlimited Group's overall GF Score™ is 19/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For AI Unlimited Group (AIUG), the current Current Ratio is 2.74 as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

AI Unlimited Group Business Description

Address Level 11, 9255 West Sunset Boulevard, West Hollywood, CA, USA, 90069
AI Unlimited Group Inc formerly Lever Global Corp is a fintech-driven consumer liabilities and debt management company. Its App allows the subscribers to analyze their existing student loans and recommend programs the US Department of Education offers after the initial assessment and processes enrolments into these programs. The App provides a list of qualified federal programs. The subscribers can digitally enroll in these programs by uploading or self-declaring their W-2, wage, or tax statements through the App.
19GF Score

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Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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