Buddy Technologies (ASX:BUDOA) Cash Ratio: 0.05 (As of Dec. 2021) — 100% Below Median

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What is Buddy Technologies Cash Ratio?

Buddy Technologies ASX:BUDOA Cash Ratio is 0.05 as of Dec. 2021, which is 100% below its 10-year median of 13.85. The stock has 7 warning signs investors should review.

The Cash Ratio measures a company’s ability to meet its short-term obligations with cash and near-cash resources. It is calculated as a company's Cash, Cash Equivalents, Marketable Securities divides by its Total Current Liabilities. Buddy Technologies's Cash Ratio for the quarter that ended in Dec. 2021 was 0.05.

Buddy Technologies has a Cash Ratio of 0.05. 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 Buddy Technologies's Cash Ratio or its related term are showing as below:

ASX:BUDOA' s Cash Ratio Range Over the Past 10 Years
Min: 0.05   Med: 13.85   Max: 68.59
Current: 0.05

During the past 13 years, Buddy Technologies's highest Cash Ratio was 68.59. The lowest was 0.05. And the median was 13.85.

ASX:BUDOA's Cash Ratio is not ranked
in the Software industry.
Industry Median: 0.775 vs ASX:BUDOA: 0.05

Buddy Technologies  (ASX:BUDOA) Cash Ratio Explanation

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.


Buddy Technologies Cash Ratio Related Terms


Buddy Technologies Cash Ratio Historical Data

* Premium members only.

The historical data trend for Buddy Technologies'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.

Buddy Technologies Cash Ratio Chart

Buddy Technologies Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Cash Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.07 12.52 0.07 0.05 0.07

Buddy Technologies Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21
Cash Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.07 0.05 0.16 0.07 0.05

ASX:BUDOA vs CYRNQ, SEII, DCLT: Cash Ratio Comparison

For the Software - Infrastructure subindustry, Buddy Technologies'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.


Buddy Technologies Cash Ratio vs Software Industry

For the Software industry and Technology sector, Buddy Technologies's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Buddy Technologies's Cash Ratio falls into.



Buddy Technologies Cash Ratio Calculation

The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.

Buddy Technologies's Cash Ratio for the fiscal year that ended in Jun. 2021 is calculated as:

Cash Ratio (A: Jun. 2021 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=2.092/28.795
=0.07

Buddy Technologies's Cash Ratio for the quarter that ended in Dec. 2021 is calculated as:

Cash Ratio (Q: Dec. 2021 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=1.334/24.787
=0.05

* 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.

Frequently Asked Questions Learn more about Cash Ratio →
What does a Cash Ratio of 0.05 mean?
Buddy Technologies (ASX:BUDOA) has a Cash Ratio of 0.05 as of Dec. 2021. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Buddy Technologies and its competitors. This is 100% below median its historical median of 13.85. Over the past decade, Buddy Technologies' Cash Ratio has ranged from 0.05 to 68.59.
Is Buddy Technologies' Cash Ratio too high?
Buddy Technologies' current Cash Ratio of 0.05 is 100% below median its 10-year median of 13.85. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 68.59. The Software industry median Cash Ratio is 0.78. Buddy Technologies' value of 0.05 is 93.5% below this industry median.
How does Buddy Technologies' Cash Ratio compare to CYRNQ and SEII?
Buddy Technologies' Cash Ratio of 0.05 can be compared against companies in the Software industry. The industry median Cash Ratio is 0.78. Buddy Technologies' value of 0.05 is 93.5% below this benchmark. Historically, Buddy Technologies' own Cash Ratio has ranged from 0.05 to 68.59 over the past decade. While the company's 10-year median is 13.85 vs. the industry median of 0.78, Buddy Technologies 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 2,820 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. Buddy Technologies's current Cash Ratio of 0.05 is 93.5% 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 Buddy Technologies 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. Buddy Technologies's current Cash Ratio is 0.05, which is 100% below median its own 10-year median of 13.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Buddy Technologies stock overvalued right now?
Buddy Technologies (ASX:BUDOA) has a current Cash Ratio of 0.05. The current Cash Ratio is 0.05, which is 100% below median its 10-year median of 13.85 and 93.5% below the Software industry median of 0.78. 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 Buddy Technologies (ASX:BUDOA), the current Cash Ratio is 0.05 as of Dec. 2021. 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.

Buddy Technologies Business Description

Address 12 Pirie Street, Level 3, Adelaide, SA, AUS, 5000
Buddy Technologies Ltd is an IoT(Internet of Things) and a cloud-based technology company. The company's operating segment includes Commercial Business, Consumer Business, and Corporate. It generates maximum revenue from the Consumer Business segment that includes all the activities related to LIFX, which is the brand providing smart lighting solutions. Commercial Business includes Buddy Ohm, Buddy Cloud, and other Buddy Managed Services. Its geographical segments include Australia, North America, and EMEA(Europe, the Middle East & Africa).