The company's liquidity position is severely constrained, with a current ratio of 0.07 and an asset base dominated by $110.7M in potentially illiquid property and equipment.
| Total Current Assets | 1.78M | 615.71K | 1.78M | 6.82M | 1.37M |
| Cash & Short-Term Investments | 86.75K | 402.74K | 86.75K | 6.05M | 30.59K |
| Cash Only | 86.75K | 402.74K | 86.75K | 6.05M | 30.59K |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 0 | 0 | 0 | 0 | 0 |
| Days Sales Outstanding | - | - | - | - | - |
| Inventory | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - |
| Other Current Assets | 1.67M | 212.97K | 1.67M | 583.93K | 1.21M |
| Total Non-Current Assets | 111.01M | 218.03K | 111.01M | 664.91K | 211.34K |
| Property, Plant & Equipment | 110.68M | 84.69K | 110.68M | 131.57K | 211.34K |
| Fixed Asset Turnover | 0.69x | - | 0.27x | - | - |
| Goodwill | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 333.34K | 133.34K | 333.34K | 533.33K | 0 |
| Long-Term Investments | 15.14M | 0 | 7.34M | 0 | 0 |
| Other Non-Current Assets | -7.34M | 0 | -7.34M | 0 | 0 |
| Total Assets | 112.8M | 833.74K | 112.8M | 7.48M | 1.58M |
| Asset Turnover | 0.62x | - | 0.27x | - | - |
| Asset Growth % | 1781.14% | -99.26% | 1407.56% | 372.05% | - |
| Total Current Liabilities | 26.46M | 1.78M | 26.46M | 1.63M | 1.07M |
| Accounts Payable | 0 | 0 | 0 | 0 | 0 |
| Days Payables Outstanding | - | - | - | - | - |
| Short-Term Debt | 0 | 31.37K | 8.62K | 16.14K | 0 |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | -563 | 1.75M | -9.19K | -16.84K | -277 |
| Current Ratio | 0.07x | 0.35x | 0.07x | 4.18x | 1.29x |
| Quick Ratio | 0.07x | 0.35x | 0.07x | 4.18x | 1.29x |
| Cash Conversion Cycle | - | - | - | - | - |
| Total Non-Current Liabilities | 1.17M | 143.42M | 1.17M | 38.56K | 112.71K |
| Long-Term Debt | 1.17M | 117.26M | 1.17M | 0 | 0 |
| Capital Lease Obligations | 38.56K | 71.92K | 0 | 38.56K | 112.71K |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 26.09M | 0 | 0 | 0 |
| Total Liabilities | 27.64M | 145.2M | 27.64M | 1.67M | 1.18M |
| Total Debt | 1.21M | 117.36M | 1.21M | 128.84K | 183.05K |
| Net Debt | 1.12M | 116.96M | 1.12M | -5.92M | 152.46K |
| Debt / Equity | 0.01x | - | 0.01x | 0.02x | 0.45x |
| Debt / EBITDA | -0.06x | - | - | - | - |
| Net Debt / EBITDA | -0.06x | - | - | - | - |
| Interest Coverage | - | -160.10x | - | - | - |
| Total Equity | 85.16M | -144.37M | 85.16M | 5.81M | 405.44K |
| Equity Growth % | 1723.39% | -269.52% | 1365.01% | 1333.73% | - |
| Book Value per Share | 32.65 | -59.99 | 32.65 | 2.23 | 0.16 |
| Total Shareholders' Equity | 85.16M | -144.37M | 85.16M | 5.81M | 405.44K |
| Common Stock | 1 | 751 | 1 | 1 | 50K |
| Retained Earnings | -49.29M | -281.2M | -49.29M | -24.44M | -12.32M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 64.02K | 64.02K | 64.02K | 64.02K | 64.02K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
Imminent liquidity shortfall risk
According to recent financial filings, GIBO's total assets surged to $112.8M by 2024Q4 from just $7.9M in 2023Q3, yet this expansion appears driven by non-liquid property and equipment rather than cash, leaving the company's underlying financial trajectory increasingly disconnected from its actual ability to meet short-term obligations.
The rapid accumulation of assets, specifically the $110.7M in net PPE, suggests a pivot toward an asset-heavy infrastructure model that may be difficult to sustain given the company's minimal cash reserves. Investors should monitor whether this capital expenditure provides a genuine competitive moat or merely represents an unsustainable commitment to fixed costs in a cash-constrained environment.
Based on the 2024Q4 balance sheet, GIBO's current ratio has plummeted to a precarious 0.07, reflecting a severe liquidity mismatch where cash holdings of only $86,750 are insufficient to cover the company's immediate operational liabilities and ongoing R&D-heavy burn rate.
The collapse of the current ratio from 21.58 in 2024Q2 to 0.07 in 2024Q4 indicates that the company has exhausted its liquid buffer, leaving it highly dependent on external financing or non-operating income to maintain continuity. This liquidity profile suggests that the firm is operating on a week-to-week basis, which warrants extreme caution regarding its ability to fund future growth.
As reported in the 2024Q4 balance sheet, GIBO's asset base is overwhelmingly concentrated in $110.7M of net PPE, which accounts for nearly 98% of total assets, signaling a significant shift away from liquid resources toward specialized, potentially illiquid infrastructure that may be difficult to monetize in a distress scenario.
The heavy reliance on PPE suggests that the company's value is tied to its proprietary AI infrastructure, which may lack secondary market value if the business model fails to achieve scale. This asset mix creates a rigid cost structure that limits the company's flexibility to pivot or downsize in response to adverse market conditions.
Financial statements indicate that GIBO's equity base of $85.2M is heavily burdened by an accumulated deficit of $49.3M in retained earnings, suggesting that historical capital raises have been largely consumed by operational losses rather than value-accretive investments.
The persistent negative retained earnings highlight a long-term trend of value destruction that undermines the quality of the company's equity. Investors should be wary of further dilution, as the company may be forced to issue additional shares to bridge the gap between its current operational burn and its limited cash reserves.
Based on an analysis of the 2024Q4 balance sheet, the reported equity of $85.2M appears potentially overstated when contrasted with the company's $49.3M accumulated deficit and the reliance on non-core income to mask the underlying operational losses that continue to drain the firm's limited cash.
The discrepancy between the company's book value and its actual cash-generating capacity suggests that the balance sheet may not accurately reflect the economic reality of the business. This distortion makes it difficult to assess the true intrinsic value of the firm, as the reported equity is not currently supported by sustainable, cash-positive operations.
Quick answers to the most common questions about buying GIBO stock.
As of 2025, GIBO Holdings Limited (GIBO) had total assets of $0.8M including $0.6M in current assets.
GIBO Holdings Limited (GIBO) carries total debt of $117.4M, offset by $0.4M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
GIBO Holdings Limited (GIBO) has total shareholders' equity (book value) of $-144.4M ($-59.99 book value per share). Book value represents the net worth of the company belonging to common stock holders.
GIBO Holdings Limited (GIBO) reported a current ratio of 0.35x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.