Guardforce AI Co annual net debt
2019
2020
2021
2022
2023
2024
2025
Guardforce AI Co Net Debt Growth & History (GFAI)
Guardforce AI Co's net debt was −$20.3M for fiscal 2025.
View full Guardforce AI Co company overviewGuardforce AI Co annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | −$20.3M | −$865,544 | — |
| 2024 | 2024-12-31 | −$19.5M | −$2.3M | — |
| 2023 | 2023-12-31 | −$17.2M | −$27.9M | — |
| 2022 | 2022-12-31 | $10.8M | $5.3M | +96.68% |
| 2021 | 2021-12-31 | $5.5M | −$7.8M | −58.85% |
| 2020 | 2020-12-31 | $13.3M | $15.6M | — |
| 2019 | 2019-12-31 | −$2.3M | — | — |
Guardforce AI Co quarterly net debt
Q4.19
Q4.20
Q2.21
Q4.21
Q2.22
Q4.22
Q2.23
Q4.23
Q2.24
Q4.24
Q2.25
Q4.25
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q4 2025 | 2025-12-31 | −$20.3M | −$865,544 | — |
| Q2 2025 | 2025-06-30 | −$20.9M | −$9.7M | — |
| Q4 2024 | 2024-12-31 | −$19.5M | −$2.3M | — |
| Q2 2024 | 2024-06-30 | −$11.2M | −$4.1M | — |
| Q4 2023 | 2023-12-31 | −$17.2M | −$27.9M | — |
| Q2 2023 | 2023-06-30 | −$7.1M | −$1.8M | — |
| Q4 2022 | 2022-12-31 | $10.8M | $5.3M | +96.68% |
| Q2 2022 | 2022-06-30 | −$5.3M | −$1.9M | — |
| Q4 2021 · Dec 31 | 2021-12-31 | $5.5M | −$7.8M | −58.85% |
| Q2 2021 | 2021-06-30 | −$3.4M | — | — |
| Q4 2020 | 2020-12-31 | $13.3M | $13.0M | +4194.62% |
| Q4 2019 | 2019-12-31 | $310,181 | — | — |
Guardforce AI Co net debt trends
Over the last five fiscal years, Guardforce AI Co's net debt decreased from $13.3M to −$20.3M, a change of −$33.6M. The latest reported quarter, Q4 2025, shows −$20.3M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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