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Spark New ZealandASX:SPK -1.61%59 Cash Ratio is 0.07 as of Dec. 2025, which is 13% below its 10-year median of 0.08. GuruFocus rates ASX:SPK with a GF Score™ of 59/100 and a GF Value™ of A$2.71 (Significantly Undervalued). The stock has 8 warning signs investors should review. Among 360 Telecommunication Services companies, Spark New Zealand ranks worse than 86.94% on this metric.
Spark New Zealand has a Cash Ratio of 0.07. 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 Spark New Zealand's Cash Ratio or its related term are showing as below:
ASX:SPK'
s Cash Ratio Range Over the Past 10 Years
Min: 0.03 Med: 0.08 Max: 0.42
Current: 0.07
During the past 13 years, Spark New Zealand's highest Cash Ratio was 0.42. The lowest was 0.03. And the median was 0.08.
ASX:SPK's Cash Ratio is ranked worse than 86.94% of 360
companies
in the Telecommunication Services industry
Industry Median: 0.34
vs ASX:SPK: 0.07
Spark New Zealand (ASX:SPK) 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.
Spark New Zealand Cash Ratio Related Terms
Spark New Zealand Cash Ratio Historical Data
* Premium members only.
The historical data trend for Spark New Zealand'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 Telecom Services subindustry, Spark New Zealand'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.
Spark New Zealand Cash Ratio vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Spark New Zealand's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Spark New Zealand'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.
Spark New Zealand (ASX:SPK) has a Cash Ratio of 0.07 as of Dec. 2025. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Spark New Zealand and its competitors. This is 13% below median its historical median of 0.08. Over the past decade, Spark New Zealand's Cash Ratio has ranged from 0.03 to 0.42. According to the industry distribution chart, Spark New Zealand ranks #313 out of 360 companies in the Telecommunication Services industry, placing it in the top 86.9%.
Is Spark New Zealand's Cash Ratio too high?
Spark New Zealand's current Cash Ratio of 0.07 is 13% below median its 10-year median of 0.08. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 0.42. The Telecommunication Services industry median Cash Ratio is 0.34. Spark New Zealand's value of 0.07 is 79.4% below this industry median. Based on the distribution chart, Spark New Zealand ranks #313 out of 360 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, Spark New Zealand has a GF Score™ of 59/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Spark New Zealand's Cash Ratio compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Spark New Zealand ranks #313 out of 360 companies for Cash Ratio. This places Spark New Zealand in the lower half of its industry. The industry median Cash Ratio is 0.34. Spark New Zealand's value of 0.07 is 79.4% below this benchmark. Historically, Spark New Zealand's own Cash Ratio has ranged from 0.03 to 0.42 over the past decade. While the company's 10-year median is 0.08 vs. the industry median of 0.34, Spark New Zealand 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 Telecommunication Services company?
The median Cash Ratio among Telecommunication Services companies is 0.34, based on 360 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. Spark New Zealand's current Cash Ratio of 0.07 is 79.4% 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 Spark New Zealand and its competitors. For the Telecommunication Services industry, the median Cash Ratio is 0.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spark New Zealand's current Cash Ratio is 0.07, which is 13% below median its own 10-year median of 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spark New Zealand stock overvalued right now?
Based on GuruFocus' analysis, Spark New Zealand (ASX:SPK) is currently considered Significantly Undervalued. The stock's GF Value™ is A$2.71, compared to a current price of A$1.53 — trading 43.5% below its estimated fair value. The current Cash Ratio is 0.07, which is 13% below median its 10-year median of 0.08 and 79.4% below the Telecommunication Services industry median of 0.34. Spark New Zealand's overall GF Score™ is 59/100 with 8 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 Spark New Zealand (ASX:SPK), the current Cash Ratio is 0.07 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 Spark New Zealand (ASX:SPK) Overvalued in 2026?
Based on GuruFocus' analysis, Spark New Zealand stock appears to be undervalued.
The current stock price of A$1.53 is trading 43.5% below its estimated GF Value™ of A$2.71.
GuruFocus considers Spark New Zealand to be Significantly Undervalued.
Key valuation signals for ASX:SPK:
Cash Ratio: 0.07 (13% below median its 10-year median of 0.08)
GF Value™: A$2.71 vs. price of A$1.53 (43.5% below fair value)
Industry Position: 79.4% below the Telecommunication Services median (#313 of 360)
No single metric tells the full story. See the ASX:SPK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Spark is one of only three integrated telecommunications companies in New Zealand. It is the leading mobile network operator with low- to mid-40% subscriber and revenue share, and the dominant provider of fixed-line broadband services with a mid-30% subscriber share. It has a big position in the New Zealand corporate and wholesale telecommunications services provision space. Spark supplements its core telecommunications operations and related infrastructure with IT products and services across cloud, managed data and networks, procurement, data centers, and Internet of Things. Its operations are all based in New Zealand, except for its 41% interest in Southern Cross Submarine Cables, which has zero book value and to which Spark has no funding obligations.
59GF Score
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