Guardforce Ai Co., Limited balance sheet GFAI

Annual Quarterly

As of Dec 31, 2024, Guardforce Ai Co., Limited had total assets of $44.7 million and total liabilities of $12.7 million. Total assets were down 2.5% from a year earlier. Stockholders' equity was $32.0 million. It held $21.9 million in cash and investments against $2.5 million of total debt, net cash of $19.4 million. The current ratio, current assets divided by current liabilities, was 4.92.

USD in millions, except ratios and per-share amounts. The percent under a figure is the change from the year before.

FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
FY 2022
Dec 31, 2022
FY 2021
Dec 31, 2021
FY 2020
Dec 31, 2020
Assets
Cash
22
+8.4%
20
+192.0%
7
-45.6%
13
+51.3%
8
Cash and investments
22
+8.4%
20
+192.0%
7
-45.6%
13
+51.3%
8
Receivables
6
+5.2%
6
+4.3%
5
+9.3%
5
—
Inventory
0
-45.7%
1
-90.1%
5
+268.0%
1
+180.3%
0
Total current assets
31
-0.9%
31
-11.7%
35
+60.6%
22
+29.0%
17
Property and equipment, net
3
-21.3%
4
-49.9%
8
-18.5%
10
—
Goodwill
0
+0.0%
0
-84.6%
3
+713.1%
0
—
Total assets
45
-2.5%
46
-25.1%
61
+46.5%
42
+16.1%
36
Liabilities and equity
Accounts payable
5
-26.5%
6
+134.9%
3
+156.0%
1
-33.2%
2
Total current liabilities
6
-55.3%
14
-27.1%
19
-14.6%
22
+178.3%
8
Total liabilities
13
-38.5%
21
-50.8%
42
+19.3%
35
-7.6%
38
Stockholders' equity
32
+27.2%
25
+31.5%
19
+193.2%
7
+402.1%
-2
Debt
Debt due within a year
0
-87.7%
1
-95.9%
17
+2.8%
16
—
Long-term debt
—
0
-98.1%
2
+172.4%
1
-13.6%
1
Lease liabilities
2
-9.6%
3
+326.6%
1
-50.9%
1
-22.3%
2
Total debt
3
-26.1%
3
-82.5%
19
+7.0%
18
+746.8%
2
Net cash
19
+15.4%
17
+234.0%
-13
-129.0%
-5
-187.5%
6
Ratios
Current ratio
4.92x
2.22x
1.84x
0.98x
2.11x
Debt to equity
0.08x
0.14x
1.02x
2.79x
—
Return on equity
-18.27%
-117.64%
-97.56%
-84.16%
—
Return on assets
-13.08%
-64.58%
-30.52%
-13.15%
-8.73%
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except ratios and per-share amounts. Cash and investments adds short-term and long-term marketable securities to cash. Debt due within a year is the borrowings that are not already in long-term debt. Total debt is those borrowings plus lease liabilities. Net cash is cash and investments minus total debt. Return on equity and return on assets divide the trailing twelve months of net income by the balance on that date. Debt to EBITDA uses the trailing twelve months of EBITDA. More on our methodology.

Company profile

Industry
Services-Detective, Guard & Armored Car Services (SIC 7381)
Listed as
GFAI (Nasdaq)
Fiscal year ends
December 31
Incorporated in
Cayman Islands
Headquarters
Singapore, Singapore
SEC filer status
Non-accelerated filer, Emerging growth company
SEC CIK
1804469
Former names
Guardforce AI Co., Ltd (until Jan 27, 2022)

Other Services-Detective, Guard & Armored Car Services companies

All 6 Services-Detective, Guard & Armored Car Services companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.