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QualitasASX:QAL -3.74%57 Cash Ratio is 0.37 as of Dec. 2025, which is 37% below its 10-year median of 0.59. GuruFocus rates ASX:QAL with a GF Score™ of 57/100 and a GF Value™ of A$2.84 (Fairly Valued). The stock has 2 warning signs investors should review. Among 686 Asset Management companies, Qualitas ranks worse than 76.68% on this metric.
Qualitas has a Cash Ratio of 0.37. 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 Qualitas's Cash Ratio or its related term are showing as below:
ASX:QAL'
s Cash Ratio Range Over the Past 10 Years
Min: 0.36 Med: 0.59 Max: 3.28
Current: 0.37
During the past 5 years, Qualitas's highest Cash Ratio was 3.28. The lowest was 0.36. And the median was 0.59.
ASX:QAL's Cash Ratio is ranked worse than 76.68% of 686
companies
in the Asset Management industry
Industry Median: 1.57
vs ASX:QAL: 0.37
Qualitas (ASX:QAL) 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.
Qualitas Cash Ratio Related Terms
Qualitas Cash Ratio Historical Data
* Premium members only.
The historical data trend for Qualitas'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 Asset Management subindustry, Qualitas'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.
Qualitas Cash Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Qualitas's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Qualitas'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.
Qualitas (ASX:QAL) has a Cash Ratio of 0.37 as of Dec. 2025. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Qualitas and its competitors. This is 37% below median its historical median of 0.59. Over the past decade, Qualitas' Cash Ratio has ranged from 0.36 to 3.28. According to the industry distribution chart, Qualitas ranks #526 out of 686 companies in the Asset Management industry, placing it in the top 76.7%.
Is Qualitas' Cash Ratio too high?
Qualitas' current Cash Ratio of 0.37 is 37% below median its 10-year median of 0.59. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 3.28. The Asset Management industry median Cash Ratio is 1.57. Qualitas' value of 0.37 is 76.4% below this industry median. Based on the distribution chart, Qualitas ranks #526 out of 686 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Qualitas has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Qualitas' Cash Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Qualitas ranks #526 out of 686 companies for Cash Ratio. This places Qualitas in the lower half of its industry. The industry median Cash Ratio is 1.57. Qualitas' value of 0.37 is 76.4% below this benchmark. Historically, Qualitas' own Cash Ratio has ranged from 0.36 to 3.28 over the past decade. While the company's 10-year median is 0.59 vs. the industry median of 1.57, Qualitas 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 an Asset Management company?
The median Cash Ratio among Asset Management companies is 1.57, based on 686 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. Qualitas's current Cash Ratio of 0.37 is 76.4% 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 Qualitas and its competitors. For the Asset Management industry, the median Cash Ratio is 1.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qualitas's current Cash Ratio is 0.37, which is 37% below median its own 10-year median of 0.59. 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 Fairly Valued. The stock's GF Value™ is A$2.84, compared to a current price of A$3.09 — trading 8.8% above its estimated fair value. The current Cash Ratio is 0.37, which is 37% below median its 10-year median of 0.59 and 76.4% below the Asset Management industry median of 1.57. Qualitas' overall GF Score™ is 57/100 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 Qualitas (ASX:QAL), the current Cash Ratio is 0.37 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$3.09 is trading 8.8% above its estimated GF Value™ of A$2.84.
GuruFocus considers Qualitas to be Fairly Valued.
Key valuation signals for ASX:QAL:
Cash Ratio: 0.37 (37% below median its 10-year median of 0.59)
GF Value™: A$2.84 vs. price of A$3.09 (8.8% above fair value)
Industry Position: 76.4% below the Asset Management median (#526 of 686)
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 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.
57GF Score
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