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AppianAPPN 62 Cash Ratio is 0.51 as of Mar. 2026, which is 27% below its 10-year median of 0.70. GuruFocus rates APPN with a GF Score™ of 62/100 and a GF Value™ of $43.66 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 2,822 Software companies, Appian ranks worse than 61.45% on this metric.
Appian has a Cash Ratio of 0.51. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.
The historical rank and industry rank for Appian's Cash Ratio or its related term are showing as below:
APPN'
s Cash Ratio Range Over the Past 10 Years
Min: 0.41 Med: 0.7 Max: 2.14
Current: 0.51
During the past 12 years, Appian's highest Cash Ratio was 2.14. The lowest was 0.41. And the median was 0.70.
APPN's Cash Ratio is ranked worse than 61.45% of 2822
companies
in the Software industry
Industry Median: 0.78
vs APPN: 0.51
The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.
The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.
In general, the higher the cash ratio, the better the company's liquidity position.
Appian Cash Ratio Related Terms
Appian Cash Ratio Historical Data
* Premium members only.
The historical data trend for Appian's Cash Ratio 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.
For the Software - Infrastructure subindustry, Appian's Cash Ratio, along with its competitors' market caps and Cash Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Appian Cash Ratio vs Software Industry
For the Software industry and Technology sector, Appian's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Appian's Cash Ratio falls into.
* 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.
Appian (APPN) has a Cash Ratio of 0.51 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Appian and its competitors. This is 27% below median its historical median of 0.70. Over the past decade, Appian's Cash Ratio has ranged from 0.41 to 2.14. According to the industry distribution chart, Appian ranks #1734 out of 2822 companies in the Software industry, placing it in the top 61.4%.
Is Appian's Cash Ratio too high?
Appian's current Cash Ratio of 0.51 is 27% below median its 10-year median of 0.70. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 2.14. The Software industry median Cash Ratio is 0.78. Appian's value of 0.51 is 34.6% below this industry median. Based on the distribution chart, Appian ranks #1734 out of 2822 companies in the Software industry, which is below the industry midpoint. Overall, Appian has a GF Score™ of 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Appian's Cash Ratio compare to FIVN and NN?
According to the Software industry distribution chart, Appian ranks #1734 out of 2822 companies for Cash Ratio. This places Appian in the lower half of its industry. The industry median Cash Ratio is 0.78. Appian's value of 0.51 is 34.6% below this benchmark. Historically, Appian's own Cash Ratio has ranged from 0.41 to 2.14 over the past decade. While the company's 10-year median is 0.70 vs. the industry median of 0.78, Appian has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for a Software company?
The median Cash Ratio among Software companies is 0.78, based on 2,822 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Appian's current Cash Ratio of 0.51 is 34.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Appian and its competitors. For the Software industry, the median Cash Ratio is 0.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Appian's current Cash Ratio is 0.51, which is 27% below median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Appian stock overvalued right now?
Based on GuruFocus' analysis, Appian (APPN) is currently considered Significantly Undervalued. The stock's GF Value™ is $43.66, compared to a current price of $28.45 — trading 34.8% below its estimated fair value. The current Cash Ratio is 0.51, which is 27% below median its 10-year median of 0.70 and 34.6% below the Software industry median of 0.78. Appian's overall GF Score™ is 62/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For Appian (APPN), the current Cash Ratio is 0.51 as of Mar. 2026. 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 Appian (APPN) Overvalued in 2026?
Based on GuruFocus' analysis, Appian stock appears to be undervalued.
The current stock price of $28.45 is trading 34.8% below its estimated GF Value™ of $43.66.
GuruFocus considers Appian to be Significantly Undervalued.
Key valuation signals for APPN:
Cash Ratio: 0.51 (27% below median its 10-year median of 0.70)
GF Value™: $43.66 vs. price of $28.45 (34.8% below fair value)
Industry Position: 34.6% below the Software median (#1734 of 2822)
No single metric tells the full story. See the APPN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Appian Corp is a low-code enterprise platform-as-a-service company focusing on business process management. The company's Appian platform is an integrated automation platform providing tools for organizations to design, automate, and optimize end-to-end processes and complex business operations. The company also provides maintenance and support as well as consulting services and training related to its platform. The majority of its revenue is subscription-based with the remainder from services, with much of its subscription revenue being derived from its cloud-based platform. Geographically, the company derives maximum revenue from its Domestic operations, and also has its presence Internationally.
62GF Score
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