Here's Why We're Watching SAI.TECH Global's (NASDAQ:SAI) Cash Burn Situation [Yahoo! Finance]
SAI.TECH Global Corporation - Class A Ordinary Shares (SAI)
US:NYSE Investor Relations:
investors.saic.com
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Source: Yahoo! Finance
For example, biotech and mining exploration companies often lose money for years before finding success with a new treatment or mineral discovery. But while history lauds those rare successes, those that fail are often forgotten; who remembers Pets.com? Given this risk, we thought we'd take a look at whether SAI.TECH Global NASDAQ:SAI ) shareholders should be worried about its 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). The first step is to compare its cash burn with its cash reserves, to give us its 'cash runway'. Check out our latest analysis for SAI.TECH Global Does SAI.TECH Global Have A Long Cash Runway? A company's cash runway is the amount of time it would take to burn through its cash reserves at its current cash burn rate. In December 2023, SAI.TECH Global had US$9.9m in cash, and was debt-free. Looking at the last year, the comp
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Sec Filings
- 4/29/24 - Form 6-K
- 4/23/24 - Form 6-K
- 4/23/24 - Form 20-F
- SAI's page on the SEC website