Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
CarmaASX:CMA +1.00%4 Cash Ratio is 3.15 as of Dec. 2025, which is 41% below its 10-year median of 5.31. GuruFocus rates ASX:CMA with a GF Score™ of 4/100. The stock has 1 warning sign investors should review. Among 1,306 Vehicles & Parts companies, Carma ranks better than 94.64% on this metric.
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. Carma's Cash Ratio for the quarter that ended in Dec. 2025 was 3.15.
Carma has a Cash Ratio of 3.15. It generally indicates that the company is able to cover all short-term debt and still have cash remaining.
The historical rank and industry rank for Carma's Cash Ratio or its related term are showing as below:
ASX:CMA'
s Cash Ratio Range Over the Past 10 Years
Min: 3.15 Med: 5.31 Max: 7.46
Current: 3.15
During the past 3 years, Carma's highest Cash Ratio was 7.46. The lowest was 3.15. And the median was 5.31.
ASX:CMA's Cash Ratio is ranked better than 94.64% of 1306
companies
in the Vehicles & Parts industry
Industry Median: 0.37
vs ASX:CMA: 3.15
Carma (ASX:CMA) 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.
Carma Cash Ratio Related Terms
Carma Cash Ratio Historical Data
* Premium members only.
The historical data trend for Carma'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.
Carma Cash Ratio Chart
Carma Annual Data
Trend
Jun23
Jun24
Jun25
Cash Ratio
0.00
0.00
7.46
Carma Semi-Annual Data
Jun23
Jun24
Jun25
Dec25
Cash Ratio
0.00
0.00
7.46
3.15
ASX:CMA vs CVNA, PAG, KMX: Cash Ratio Comparison
For the Auto & Truck Dealerships subindustry, Carma'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.
Carma Cash Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Carma's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Carma'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.
Carma (ASX:CMA) has a Cash Ratio of 3.15 as of Dec. 2025. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Carma and its competitors. This is 41% below median its historical median of 5.31. Over the past decade, Carma's Cash Ratio has ranged from 3.15 to 7.46. According to the industry distribution chart, Carma ranks #70 out of 1306 companies in the Vehicles & Parts industry, placing it in the top 5.4%.
Is Carma's Cash Ratio too high?
Carma's current Cash Ratio of 3.15 is 41% below median its 10-year median of 5.31. Over the past 10 years, this metric has ranged from a low of 3.15 to a high of 7.46. The Vehicles & Parts industry median Cash Ratio is 0.37. Carma's value of 3.15 is 751.4% above this industry median. Based on the distribution chart, Carma ranks #70 out of 1306 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Carma has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Carma's Cash Ratio compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, Carma ranks #70 out of 1306 companies for Cash Ratio. This places Carma in the top 5% of its industry — outperforming the majority of peers. The industry median Cash Ratio is 0.37. Carma's value of 3.15 is 751.4% above this benchmark. Historically, Carma's own Cash Ratio has ranged from 3.15 to 7.46 over the past decade. While the company's 10-year median is 5.31 vs. the industry median of 0.37, Carma has consistently been above 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 Vehicles & Parts company?
The median Cash Ratio among Vehicles & Parts companies is 0.37, based on 1,306 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. Carma's current Cash Ratio of 3.15 is 751.4% above 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 Carma and its competitors. For the Vehicles & Parts industry, the median Cash Ratio is 0.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carma's current Cash Ratio is 3.15, which is 41% below median its own 10-year median of 5.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carma stock overvalued right now?
Carma (ASX:CMA) has a current Cash Ratio of 3.15. The current Cash Ratio is 3.15, which is 41% below median its 10-year median of 5.31 and 751.4% above the Vehicles & Parts industry median of 0.37. Carma's overall GF Score™ is 4/100 with 1 warning sign 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 Carma (ASX:CMA), the current Cash Ratio is 3.15 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.
Carma Ltd is an online retailer of quality used cars in Australia. It offers an online platform that makes it easy to view a huge range of quality cars, compare them like-for-like, and pick and reserve a car online. The company offer fair pricing with no haggling, finance arrangements or cash payments, free delivery within Greater Sydney, and a 7-day trial period allowing customers to test the car in everyday life with the option to return it for a full refund if not satisfied.
4GF Score
Get the complete analysis for ASX:CMA
Cash Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:CMA has been successfully added to your 
