<p>即使一家公司在亏损，股东也有可能通过以合适的价格购买优质企业而获利。例如，尽管亚马逊在上市后多年亏损，但如果你从 1999 年开始购买并持有其股票，你将获得巨额财富。话虽如此，亏损公司是有风险的，因为它们可能会耗尽所有现金并陷入困境。</p>
<p>因此，<strong>Guardforce AI</strong>（NASDAQ:GFAI）股东自然会问，是否应该担心其现金消耗率。为了本文的目的，我们将现金消耗定义为公司每年用于支持其增长的现金支出（也称为负自由现金流）。首先，我们将通过比较其现金消耗与现金储备来确定其现金储备期。</p>
<p>我们发现 21 只美国股票预计明年将支付超过 6% 的股息收益率。查看完整列表，免费获取。</p>
<h2>Guardforce AI 的现金储备期有多长？</h2>
<p>你可以通过将公司拥有的现金量除以其支出现金的速度来计算公司的现金储备期。当 Guardforce AI 在 2025 年 9 月最后报告其 2025 年 6 月的资产负债表时，它的债务为零，现金价值为 2300 万美元。回顾过去一年，该公司消耗了 310 万美元的现金。因此，从 2025 年 6 月起，它的现金储备期约为 7.6 年。尽管这只是公司现金消耗的一个衡量标准，但想到如此长的现金储备期让我们感到安心。下图展示了其现金持有量随时间的变化。</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/658152979-debt-equity-history-analysis-1-dark-2/1758709267587?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/658152979-debt-equity-history-analysis-1-dark-2/1758709267587"/></p>
<p>NasdaqCM:GFAI2025 年 9 月 24 日的债务与股本历史</p>
<p>查看我们对 Guardforce AI 的最新分析</p>
<h2>Guardforce AI 的增长情况如何？</h2>
<p>总体而言，我们认为 Guardforce AI 在过去十二个月中将现金消耗减少了 3.2% 是略微积极的。而且营业收入也增长了 3.2%。考虑到这两个因素，我们对其增长前景并不特别兴奋。实际上，本文仅对公司的增长数据进行了简短的研究。这张历史收益和收入的图表展示了 Guardforce AI 如何随着时间的推移建立其业务。</p>
<h2>Guardforce AI 筹集更多现金以支持增长的难度有多大？</h2>
<p>我们对 Guardforce AI 在过去一年取得的进展感到印象深刻，但也值得考虑如果它想筹集更多现金以支持更快的增长，这将是多么昂贵。发行新股或承担债务是上市公司筹集更多资金的最常见方式。许多公司最终会发行新股以资助未来的增长。通过查看公司的现金消耗与其市值的关系，我们可以洞察如果公司需要筹集足够的现金来覆盖另一年的现金消耗，股东将被稀释多少。</p>
<p>由于其市值为 2500 万美元，Guardforce AI 的 310 万美元现金消耗约占其市场价值的 12%。因此，我们认为该公司可以相对轻松地筹集更多现金以支持增长，尽管这会带来一定的稀释。</p>
<h2>Guardforce AI 的现金消耗是否令人担忧？</h2>
<p>在现金消耗方面，Guardforce AI 的健康状况似乎相当不错。其现金消耗相对于市值的情况相当良好，现金储备期也是一个真正的积极因素。基于本文提到的因素，我们认为其现金消耗情况值得股东关注，但我们认为他们不必过于担心。另一方面，Guardforce AI 有 <strong>3 个警告信号</strong>（其中 2 个不可忽视），我们认为你应该了解。</p>
<p>当然，<strong>Guardforce AI 可能不是最佳购买股票</strong>。因此，你可能希望查看这份 <strong>免费</strong> 的高股本回报公司集合，或这份高内部持股的股票列表。</p>

GFAI

<p>Guardforce AI（纳斯达克代码：GFAI）拥有大约 7.6 年的现金储备，目前现金为 2300 万美元，过去一年现金消耗为 310 万美元。尽管现金消耗减少了 3.2%，运营收入也有类似增长，但整体增长仍然温和。该公司可以在不显著稀释股份的情况下筹集额外资金，因为其现金消耗约占 2500 万美元市值的 12%。总体而言，尽管股东应关注现金消耗情况，但目前并不是一个主要问题</p>

<p>Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the right price. For example, although Amazon.com made losses for many years after listing, if you had bought and held the shares since 1999, you would have made a fortune. Having said that, unprofitable companies are risky because they could potentially burn through all their cash and become distressed.</p>
<div class="lb-trans"><p>即使一家公司在亏损，股东也有可能通过以合适的价格购买优质企业而获利。例如，尽管亚马逊在上市后多年亏损，但如果你从 1999 年开始购买并持有其股票，你将获得巨额财富。话虽如此，亏损公司是有风险的，因为它们可能会耗尽所有现金并陷入困境。</p>
</div><p>So, the natural question for <strong>Guardforce AI</strong> (NASDAQ:GFAI) shareholders is whether they should be concerned by its rate of cash burn. For the purpose of this article, we'll define cash burn as the amount of cash the company is spending each year to fund its growth (also called its negative free cash flow). First, we'll determine its cash runway by comparing its cash burn with its cash reserves.</p>
<div class="lb-trans"><p>因此，<strong>Guardforce AI</strong>（NASDAQ:GFAI）股东自然会问，是否应该担心其现金消耗率。为了本文的目的，我们将现金消耗定义为公司每年用于支持其增长的现金支出（也称为负自由现金流）。首先，我们将通过比较其现金消耗与现金储备来确定其现金储备期。</p>
</div><p>We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free.</p>
<div class="lb-trans"><p>我们发现 21 只美国股票预计明年将支付超过 6% 的股息收益率。查看完整列表，免费获取。</p>
</div><h2>Does Guardforce AI Have A Long Cash Runway?</h2>
<div class="lb-trans"><h2>Guardforce AI 的现金储备期有多长？</h2>
</div><p>You can calculate a company's cash runway by dividing the amount of cash it has by the rate at which it is spending that cash. When Guardforce AI last reported its June 2025 balance sheet in September 2025, it had zero debt and cash worth US$23m. Looking at the last year, the company burnt through US$3.1m. So it had a cash runway of about 7.6 years from June 2025. Even though this is but one measure of the company's cash burn, the thought of such a long cash runway warms our bellies in a comforting way. Depicted below, you can see how its cash holdings have changed over time.</p>
<div class="lb-trans"><p>你可以通过将公司拥有的现金量除以其支出现金的速度来计算公司的现金储备期。当 Guardforce AI 在 2025 年 9 月最后报告其 2025 年 6 月的资产负债表时，它的债务为零，现金价值为 2300 万美元。回顾过去一年，该公司消耗了 310 万美元的现金。因此，从 2025 年 6 月起，它的现金储备期约为 7.6 年。尽管这只是公司现金消耗的一个衡量标准，但想到如此长的现金储备期让我们感到安心。下图展示了其现金持有量随时间的变化。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/658152979-debt-equity-history-analysis-1-dark-2/1758709267587" alt="" original-src="https://images.simplywall.st/asset/chart/658152979-debt-equity-history-analysis-1-dark-2/1758709267587"/></p>
<p>NasdaqCM:GFAI Debt to Equity History September 24th 2025</p>
<div class="lb-trans"><p>NasdaqCM:GFAI2025 年 9 月 24 日的债务与股本历史</p>
</div><p>Check out our latest analysis for Guardforce AI</p>
<div class="lb-trans"><p>查看我们对 Guardforce AI 的最新分析</p>
</div><h2>How Well Is Guardforce AI Growing?</h2>
<div class="lb-trans"><h2>Guardforce AI 的增长情况如何？</h2>
</div><p>On balance, we think it's mildly positive that Guardforce AI trimmed its cash burn by 3.2% over the last twelve months. And operating revenue was up by 3.2% too. Considering both these factors, we're not particularly excited by its growth profile. In reality, this article only makes a short study of the company's growth data. This graph of historic earnings and revenue shows how Guardforce AI is building its business over time.</p>
<div class="lb-trans"><p>总体而言，我们认为 Guardforce AI 在过去十二个月中将现金消耗减少了 3.2% 是略微积极的。而且营业收入也增长了 3.2%。考虑到这两个因素，我们对其增长前景并不特别兴奋。实际上，本文仅对公司的增长数据进行了简短的研究。这张历史收益和收入的图表展示了 Guardforce AI 如何随着时间的推移建立其业务。</p>
</div><h2>How Hard Would It Be For Guardforce AI To Raise More Cash For Growth?</h2>
<div class="lb-trans"><h2>Guardforce AI 筹集更多现金以支持增长的难度有多大？</h2>
</div><p>We are certainly impressed with the progress Guardforce AI has made over the last year, but it is also worth considering how costly it would be if it wanted to raise more cash to fund faster growth. Issuing new shares, or taking on debt, are the most common ways for a listed company to raise more money for its business. Many companies end up issuing new shares to fund future growth. By looking at a company's cash burn relative to its market capitalisation, we gain insight on how much shareholders would be diluted if the company needed to raise enough cash to cover another year's cash burn.</p>
<div class="lb-trans"><p>我们对 Guardforce AI 在过去一年取得的进展感到印象深刻，但也值得考虑如果它想筹集更多现金以支持更快的增长，这将是多么昂贵。发行新股或承担债务是上市公司筹集更多资金的最常见方式。许多公司最终会发行新股以资助未来的增长。通过查看公司的现金消耗与其市值的关系，我们可以洞察如果公司需要筹集足够的现金来覆盖另一年的现金消耗，股东将被稀释多少。</p>
</div><p>Since it has a market capitalisation of US$25m, Guardforce AI's US$3.1m in cash burn equates to about 12% of its market value. As a result, we'd venture that the company could raise more cash for growth without much trouble, albeit at the cost of some dilution.</p>
<div class="lb-trans"><p>由于其市值为 2500 万美元，Guardforce AI 的 310 万美元现金消耗约占其市场价值的 12%。因此，我们认为该公司可以相对轻松地筹集更多现金以支持增长，尽管这会带来一定的稀释。</p>
</div><h2>Is Guardforce AI's Cash Burn A Worry?</h2>
<div class="lb-trans"><h2>Guardforce AI 的现金消耗是否令人担忧？</h2>
</div><p>Guardforce AI appears to be in pretty good health when it comes to its cash burn situation. Not only was its cash burn relative to its market cap quite good, but its cash runway was a real positive. Based on the factors mentioned in this article, we think its cash burn situation warrants some attention from shareholders, but we don't think they should be worried. On another note, Guardforce AI has <strong>3 warning signs</strong> (and 2 which can't be ignored) we think you should know about.</p>
<div class="lb-trans"><p>在现金消耗方面，Guardforce AI 的健康状况似乎相当不错。其现金消耗相对于市值的情况相当良好，现金储备期也是一个真正的积极因素。基于本文提到的因素，我们认为其现金消耗情况值得股东关注，但我们认为他们不必过于担心。另一方面，Guardforce AI 有 <strong>3 个警告信号</strong>（其中 2 个不可忽视），我们认为你应该了解。</p>
</div><p>Of course <strong>Guardforce AI may not be the best stock to buy</strong>. So you may wish to see this <strong>free</strong> collection of companies boasting high return on equity, or this list of stocks with high insider ownership.</p>
<div class="lb-trans"><p>当然，<strong>Guardforce AI 可能不是最佳购买股票</strong>。因此，你可能希望查看这份 <strong>免费</strong> 的高股本回报公司集合，或这份高内部持股的股票列表。</p>
</div>

这就是我们不太担心 Guardforce AI（NASDAQ:GFAI）现金消耗情况的原因