<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。但尽管成功的案例众所周知，投资者不应忽视那些仅仅消耗所有现金并最终崩溃的众多无利可图的公司。</p>
<p>鉴于这一风险，我们认为有必要看看 <strong>Airship AI Holdings</strong>（纳斯达克：AISP）的股东是否应该担心其现金消耗。在本报告中，我们将考虑公司的年度负自由现金流，以下称之为 “现金消耗”。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续航能力。</p>
<p>特朗普承诺要 “释放” 美国的石油和天然气，这 15 只美国股票的发展将受益。</p>
<h2>Airship AI Holdings 何时可能耗尽资金？</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续航能力。当 Airship AI Holdings 在 2025 年 11 月最后报告其 2025 年 9 月的资产负债表时，它没有债务，现金价值为 580 万美元。重要的是，它在过去 12 个月的现金消耗为 660 万美元。这意味着截至 2025 年 9 月，它的现金续航能力约为 10 个月。这是相当短的现金续航能力，表明公司必须减少年度现金消耗或补充现金。你可以在下面的图像中看到其现金余额随时间的变化。</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/1829179003-debt-equity-history-analysis-1-dark-2/1767959078327?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/1829179003-debt-equity-history-analysis-1-dark-2/1767959078327"/></p>
<p>纳斯达克 GM:AISP 债务与股本历史 2026 年 1 月 9 日</p>
<p>查看我们对 Airship AI Holdings 的最新分析</p>
<h2>Airship AI Holdings 的增长情况如何？</h2>
<p>乍一看，看到 Airship AI Holdings 实际上将其现金消耗同比增加了 28% 有点令人担忧。同样令人担忧的是，运营收入在此期间实际上下降了 50%。考虑到这两个指标，我们对公司的发展有些担忧。然而，显然，关键因素是公司未来是否会增长。因此，查看我们对公司的分析师预测是非常有意义的。</p>
<h2>Airship AI Holdings 多容易筹集资金？</h2>
<p>由于 Airship AI Holdings 还不能自夸增长指标改善，市场可能会考虑如果需要的话它如何筹集更多现金。一般来说，上市公司可以通过发行股票或借债来筹集新现金。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 1.05 亿美元，Airship AI Holdings 的 660 万美元现金消耗约占其市场价值的 6.3%。这是一个较低的比例，因此我们认为公司能够筹集更多现金以资助增长，虽然会有一些稀释，或者甚至可以简单地借一些钱。</p>
<h2>那么，我们应该担心 Airship AI Holdings 的现金消耗吗？</h2>
<p>根据对 Airship AI Holdings 现金消耗的分析，我们认为其现金消耗相对于市值是令人放心的，而其收入下降让我们有些担忧。我们认为其现金消耗并不是特别有问题，但在考虑了本文中的各种因素后，我们确实认为股东应该监测其随时间的变化。深入分析后，我们发现 <strong>Airship AI Holdings 的 4 个警告信号</strong>，你应该注意，其中 2 个不容忽视。</p>
<p>当然，<strong>你可能会通过寻找其他地方的投资而发现一个绝佳的机会。</strong> 所以看看这个 <strong>免费的</strong> 有趣公司列表，以及这个根据分析师预测的成长股列表。</p>

AISP

<p>Airship AI Holdings（纳斯达克代码：AISP）正面临现金消耗率的担忧，基于其 580 万美元的当前现金储备，现金使用期限仅为 10 个月。该公司在过去一年中现金消耗达 660 万美元，现金消耗同比增长 28%，而营业收入下降了 50%。尽管面临这些挑战，其现金消耗仅占其 1.05 亿美元市值的 6.3%，这表明通过股权或债务筹集资金的潜力。建议股东密切关注这一情况</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. But while the successes are well known, investors should not ignore the very many unprofitable companies that simply burn through all their cash and collapse.</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。但尽管成功的案例众所周知，投资者不应忽视那些仅仅消耗所有现金并最终崩溃的众多无利可图的公司。</p>
</div><p>Given this risk, we thought we'd take a look at whether <strong>Airship AI Holdings</strong> (NASDAQ:AISP) shareholders should be worried about its cash burn. In this report, we will consider the company's annual negative free cash flow, henceforth referring to it as the 'cash burn'. First, we'll determine its cash runway by comparing its cash burn with its cash reserves.</p>
<div class="lb-trans"><p>鉴于这一风险，我们认为有必要看看 <strong>Airship AI Holdings</strong>（纳斯达克：AISP）的股东是否应该担心其现金消耗。在本报告中，我们将考虑公司的年度负自由现金流，以下称之为 “现金消耗”。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续航能力。</p>
</div><p>Trump has pledged to &#34;unleash&#34; American oil and gas and these 15 US stocks have developments that are poised to benefit.</p>
<div class="lb-trans"><p>特朗普承诺要 “释放” 美国的石油和天然气，这 15 只美国股票的发展将受益。</p>
</div><h2>When Might Airship AI Holdings Run Out Of Money?</h2>
<div class="lb-trans"><h2>Airship AI Holdings 何时可能耗尽资金？</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 Airship AI Holdings last reported its September 2025 balance sheet in November 2025, it had zero debt and cash worth US$5.8m. Importantly, its cash burn was US$6.6m over the trailing twelve months. That means it had a cash runway of around 10 months as of September 2025. That's quite a short cash runway, indicating the company must either reduce its annual cash burn or replenish its cash. You can see how its cash balance has changed over time in the image below.</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续航能力。当 Airship AI Holdings 在 2025 年 11 月最后报告其 2025 年 9 月的资产负债表时，它没有债务，现金价值为 580 万美元。重要的是，它在过去 12 个月的现金消耗为 660 万美元。这意味着截至 2025 年 9 月，它的现金续航能力约为 10 个月。这是相当短的现金续航能力，表明公司必须减少年度现金消耗或补充现金。你可以在下面的图像中看到其现金余额随时间的变化。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/1829179003-debt-equity-history-analysis-1-dark-2/1767959078327" alt="" original-src="https://images.simplywall.st/asset/chart/1829179003-debt-equity-history-analysis-1-dark-2/1767959078327"/></p>
<p>NasdaqGM:AISP Debt to Equity History January 9th 2026</p>
<div class="lb-trans"><p>纳斯达克 GM:AISP 债务与股本历史 2026 年 1 月 9 日</p>
</div><p>See our latest analysis for Airship AI Holdings</p>
<div class="lb-trans"><p>查看我们对 Airship AI Holdings 的最新分析</p>
</div><h2>How Well Is Airship AI Holdings Growing?</h2>
<div class="lb-trans"><h2>Airship AI Holdings 的增长情况如何？</h2>
</div><p>At first glance it's a bit worrying to see that Airship AI Holdings actually boosted its cash burn by 28%, year on year. Also concerning, operating revenue was actually down by 50% in that time. Considering both these metrics, we're a little concerned about how the company is developing. Clearly, however, the crucial factor is whether the company will grow its business going forward. For that reason, it makes a lot of sense to take a look at our analyst forecasts for the company.</p>
<div class="lb-trans"><p>乍一看，看到 Airship AI Holdings 实际上将其现金消耗同比增加了 28% 有点令人担忧。同样令人担忧的是，运营收入在此期间实际上下降了 50%。考虑到这两个指标，我们对公司的发展有些担忧。然而，显然，关键因素是公司未来是否会增长。因此，查看我们对公司的分析师预测是非常有意义的。</p>
</div><h2>How Easily Can Airship AI Holdings Raise Cash?</h2>
<div class="lb-trans"><h2>Airship AI Holdings 多容易筹集资金？</h2>
</div><p>Since Airship AI Holdings can't yet boast improving growth metrics, the market will likely be considering how it can raise more cash if need be. Generally speaking, a listed business can raise new cash through issuing shares or taking on debt. 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>由于 Airship AI Holdings 还不能自夸增长指标改善，市场可能会考虑如果需要的话它如何筹集更多现金。一般来说，上市公司可以通过发行股票或借债来筹集新现金。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$105m, Airship AI Holdings' US$6.6m in cash burn equates to about 6.3% of its market value. That's a low proportion, so we figure the company would be able to raise more cash to fund growth, with a little dilution, or even to simply borrow some money.</p>
<div class="lb-trans"><p>由于其市值为 1.05 亿美元，Airship AI Holdings 的 660 万美元现金消耗约占其市场价值的 6.3%。这是一个较低的比例，因此我们认为公司能够筹集更多现金以资助增长，虽然会有一些稀释，或者甚至可以简单地借一些钱。</p>
</div><h2>So, Should We Worry About Airship AI Holdings' Cash Burn?</h2>
<div class="lb-trans"><h2>那么，我们应该担心 Airship AI Holdings 的现金消耗吗？</h2>
</div><p>On this analysis of Airship AI Holdings' cash burn, we think its cash burn relative to its market cap was reassuring, while its falling revenue has us a bit worried. We don't think its cash burn is particularly problematic, but after considering the range of factors in this article, we do think shareholders should be monitoring how it changes over time. Taking a deeper dive, we've spotted <strong>4 warning signs for Airship AI Holdings</strong> you should be aware of, and 2 of them shouldn't be ignored.</p>
<div class="lb-trans"><p>根据对 Airship AI Holdings 现金消耗的分析，我们认为其现金消耗相对于市值是令人放心的，而其收入下降让我们有些担忧。我们认为其现金消耗并不是特别有问题，但在考虑了本文中的各种因素后，我们确实认为股东应该监测其随时间的变化。深入分析后，我们发现 <strong>Airship AI Holdings 的 4 个警告信号</strong>，你应该注意，其中 2 个不容忽视。</p>
</div><p>Of course, <strong>you might find a fantastic investment by looking elsewhere.</strong> So take a peek at this <strong>free</strong> list of interesting companies, and this list of stocks growth stocks (according to analyst forecasts)</p>
<div class="lb-trans"><p>当然，<strong>你可能会通过寻找其他地方的投资而发现一个绝佳的机会。</strong> 所以看看这个 <strong>免费的</strong> 有趣公司列表，以及这个根据分析师预测的成长股列表。</p>
</div>

我们正在密切关注 Airship AI Holdings（NASDAQ:AISP）的现金消耗率