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GLAI (Global AI) Quick Ratio : 0.24 (As of Mar. 2025)


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What is Global AI Quick Ratio?

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Global AI's quick ratio for the quarter that ended in Mar. 2025 was 0.24.

Global AI has a quick ratio of 0.24. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Global AI's Quick Ratio or its related term are showing as below:

GLAI' s Quick Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.12   Max: 0.78
Current: 0.24

During the past 13 years, Global AI's highest Quick Ratio was 0.78. The lowest was 0.01. And the median was 0.12.

GLAI's Quick Ratio is ranked worse than
96.83% of 1074 companies
in the Business Services industry
Industry Median: 1.61 vs GLAI: 0.24

Global AI Quick Ratio Historical Data

The historical data trend for Global AI's Quick 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.

* Premium members only.

Global AI Quick Ratio Chart

Global AI Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Dec24
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.11 0.16 0.03 0.12

Global AI Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Quick Ratio 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 0.06 0.21 0.16 0.12 0.24

Competitive Comparison of Global AI's Quick Ratio

For the Consulting Services subindustry, Global AI's Quick Ratio, along with its competitors' market caps and Quick 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.


Global AI's Quick Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Global AI's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Global AI's Quick Ratio falls into.


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Global AI Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

Global AI's Quick Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Quick Ratio (A: Dec. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.039-0)/0.339
=0.12

Global AI's Quick Ratio for the quarter that ended in Mar. 2025 is calculated as

Quick Ratio (Q: Mar. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.15-0)/0.625
=0.24

* 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.


Global AI  (OTCPK:GLAI) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Global AI Quick Ratio Related Terms

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Global AI Business Description

Traded in Other Exchanges
N/A
Address
110 Front Street, Suite 300, Jupiter, FL, USA, 33477
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