Qualitas (ASX:QAL) Beginning Cash Position: A$148.8 Mil (As of Dec. 2025)


ASX:QAL Qualitas Ltd ASX:QAL
61 GF Score
Price A$3.28
GF Value A$2.83
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Qualitas Beginning Cash Position?

Qualitas ASX:QAL +3.14% 61 Beginning Cash Position is A$148.8 Mil as of Dec. 2025. GuruFocus rates ASX:QAL with a GF Score™ of 61/100 and a GF Value™ of A$2.83 (Modestly Overvalued). The stock has 2 warning signs investors should review.

Qualitas's Beginning Cash Position for the quarter that ended in Dec. 2025 was A$148.8 Mil.

Qualitas's quarterly Beginning Cash Position declined from Dec. 2024 (A$194.4 Mil) to Jun. 2025 (A$105.1 Mil) but then increased from Jun. 2025 (A$105.1 Mil) to Dec. 2025 (A$148.8 Mil).

Qualitas's annual Beginning Cash Position declined from Jun. 2023 (A$309.0 Mil) to Jun. 2024 (A$192.4 Mil) but then increased from Jun. 2024 (A$192.4 Mil) to Jun. 2025 (A$194.4 Mil).

Qualitas Beginning Cash Position Related Terms

Qualitas Beginning Cash Position Historical Data

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The historical data trend for Qualitas's Beginning Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Qualitas Beginning Cash Position Chart

Qualitas Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
Beginning Cash Position
0.00 -0.00 309.01 192.37 194.38

Qualitas Semi-Annual Data
Jun21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only 192.37 200.51 194.38 105.10 148.78
ASX:QAL
61GF Score
Qualitas Ltd ASX:QAL
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
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Qualitas Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of A$148.8 Mil mean?
Qualitas (ASX:QAL) has a Beginning Cash Position of A$148.8 Mil as of Dec. 2025. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Qualitas and its competitors.
Is Qualitas' Beginning Cash Position too high?
Qualitas' current Beginning Cash Position is A$148.8 Mil. Overall, Qualitas has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Qualitas' Beginning Cash Position compare to BLK and BX?
Qualitas' Beginning Cash Position of A$148.8 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for an Asset Management company?
A good Beginning Cash Position depends on the Asset Management industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Qualitas and its competitors. Qualitas's current Beginning Cash Position is A$148.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qualitas stock overvalued right now?
Based on GuruFocus' analysis, Qualitas (ASX:QAL) is currently considered Modestly Overvalued. The stock's GF Value™ is A$2.83, compared to a current price of A$3.28 — trading 15.9% above its estimated fair value. The current Beginning Cash Position is A$148.8 Mil. Qualitas' overall GF Score™ is 61/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For Qualitas (ASX:QAL), the current Beginning Cash Position is A$148.8 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Qualitas (ASX:QAL) Overvalued in 2026?

Based on GuruFocus' analysis, Qualitas stock appears to be overvalued. The current stock price of A$3.28 is trading 15.9% above its estimated GF Value™ of A$2.83. GuruFocus considers Qualitas to be Modestly Overvalued.

Key valuation signals for ASX:QAL:

  • Beginning Cash Position: A$148.8 Mil
  • GF Value™: A$2.83 vs. price of A$3.28 (15.9% above fair value)
  • GF Score™: 61/100 with 2 warning signs

No single metric tells the full story. See the ASX:QAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Qualitas Business Description

Address 120 Collins Street, Level 38, Melbourne, VIC, AUS, 3000
Qualitas Ltd is an alternative real estate investment manager focused on private credit and equity across commercial real estate sectors. The Group has identified two operating segments Funds Management and Direct Lending. Maximum revenue is generated from its Funds Management segment which includes all of its core Funds management activities and includes Funds management fees, performance fees, and other fee income. It also includes dividends and distributions from Qualitas' Investment and Direct Lending activities. The Direct Lending segment relates to the interest income and expenses relating to activities undertaken by the company's subsidiaries.
61GF Score

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Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$3.28
Price
A$2.83
GF Value