Smart Parking (ASX:SPZ) Cash Ratio: 0.75 (As of Dec. 2025) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

ASX:SPZ Smart Parking Ltd ASX:SPZ
91 GF Score
Price A$0.70
GF Value A$1.14
Valuation Significantly Undervalued
View Full Analysis

What is Smart Parking Cash Ratio?

Smart Parking ASX:SPZ -1.41% 91 Cash Ratio is 0.75 as of Dec. 2025, which is 4% below its 10-year median of 0.78. GuruFocus rates ASX:SPZ with a GF Score™ of 91/100 and a GF Value™ of A$1.14 (Significantly Undervalued). Among 1,754 Construction companies, Smart Parking ranks better than 75.83% 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. Smart Parking's Cash Ratio for the quarter that ended in Dec. 2025 was 0.75.

Smart Parking has a Cash Ratio of 0.75. 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 Smart Parking's Cash Ratio or its related term are showing as below:

ASX:SPZ' s Cash Ratio Range Over the Past 10 Years
Min: 0.39   Med: 0.78   Max: 2.98
Current: 0.75

During the past 13 years, Smart Parking's highest Cash Ratio was 2.98. The lowest was 0.39. And the median was 0.78.

ASX:SPZ's Cash Ratio is ranked better than
75.83% of 1754 companies
in the Construction industry
Industry Median: 0.35 vs ASX:SPZ: 0.75

Smart Parking  (ASX:SPZ) 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.


Smart Parking Cash Ratio Related Terms


Smart Parking Cash Ratio Historical Data

* Premium members only.

The historical data trend for Smart Parking'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.

Smart Parking Cash Ratio Chart

Smart Parking Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cash Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.08 0.65 0.72 0.39 0.62

Smart Parking Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.62 0.39 0.44 0.62 0.75

Smart Parking Cash Ratio Competitor Comparison

For the Infrastructure Operations subindustry, Smart Parking'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.


Smart Parking Cash Ratio vs Construction Industry

For the Construction industry and Industrials sector, Smart Parking's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Smart Parking's Cash Ratio falls into.


ASX:SPZ
91GF Score
Smart Parking Ltd ASX:SPZ
Cash Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Smart Parking Cash Ratio Calculation

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

Smart Parking's Cash Ratio for the fiscal year that ended in Jun. 2025 is calculated as:

Cash Ratio (A: Jun. 2025 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=21.379/34.249
=0.62

Smart Parking's Cash Ratio for the quarter that ended in Dec. 2025 is calculated as:

Cash Ratio (Q: Dec. 2025 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=25.466/34.075
=0.75

* 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 0.75 mean?
Smart Parking (ASX:SPZ) has a Cash Ratio of 0.75 as of Dec. 2025. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Smart Parking and its competitors. This is near median its historical median of 0.78. Over the past decade, Smart Parking's Cash Ratio has ranged from 0.39 to 2.98. According to the industry distribution chart, Smart Parking ranks #424 out of 1754 companies in the Construction industry, placing it in the top 24.2%.
Is Smart Parking's Cash Ratio too high?
Smart Parking's current Cash Ratio of 0.75 is near median its 10-year median of 0.78. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 2.98. The Construction industry median Cash Ratio is 0.35. Smart Parking's value of 0.75 is 114.3% above this industry median. Based on the distribution chart, Smart Parking ranks #424 out of 1754 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Smart Parking has a GF Score™ of 91/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Smart Parking's Cash Ratio compare to competitors?
According to the Construction industry distribution chart, Smart Parking ranks #424 out of 1754 companies for Cash Ratio. This places Smart Parking in the top 24% of its industry — outperforming the majority of peers. The industry median Cash Ratio is 0.35. Smart Parking's value of 0.75 is 114.3% above this benchmark. Historically, Smart Parking's own Cash Ratio has ranged from 0.39 to 2.98 over the past decade. While the company's 10-year median is 0.78 vs. the industry median of 0.35, Smart Parking 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 Construction company?
The median Cash Ratio among Construction companies is 0.35, based on 1,754 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. Smart Parking's current Cash Ratio of 0.75 is 114.3% 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 Smart Parking and its competitors. For the Construction industry, the median Cash Ratio is 0.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smart Parking's current Cash Ratio is 0.75, which is near median its own 10-year median of 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smart Parking stock overvalued right now?
Based on GuruFocus' analysis, Smart Parking (ASX:SPZ) is currently considered Significantly Undervalued. The stock's GF Value™ is A$1.14, compared to a current price of A$0.70 — trading 38.6% below its estimated fair value. The current Cash Ratio is 0.75, which is near median its 10-year median of 0.78 and 114.3% above the Construction industry median of 0.35. Smart Parking's overall GF Score™ is 91/100. 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 Smart Parking (ASX:SPZ), the current Cash Ratio is 0.75 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 Smart Parking (ASX:SPZ) Overvalued in 2026?

Based on GuruFocus' analysis, Smart Parking stock appears to be undervalued. The current stock price of A$0.70 is trading 38.6% below its estimated GF Value™ of A$1.14. GuruFocus considers Smart Parking to be Significantly Undervalued.

Key valuation signals for ASX:SPZ:

  • Cash Ratio: 0.75 (near median its 10-year median of 0.78)
  • GF Value™: A$1.14 vs. price of A$0.70 (38.6% below fair value)
  • GF Score™: 91/100
  • Industry Position: 114.3% above the Construction median (#424 of 1754)

No single metric tells the full story. See the ASX:SPZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Smart Parking Business Description

Other Exchanges E8Q:Germany
Address 85 Dundas Place, Albert Park, VIC, AUS, 3206
Smart Parking Ltd engages in the provision of design, development, and management of parking technology. It operates through three segments. The Technology segment consists of the sale of Smart City and IoT technology products and solutions predominantly to the parking market globally; the Parking Management segment, which is the key revenue driver, consists of the provision of car parking management services on behalf of third party car park owners and on sites leased by the company and managed on its own behalf in the UK; and Research and Development segment includes costs to research, develop and enhance software/hardware for both the Technology and Parking Management divisions. Geographically, it has presence in North America; UK and Europe; Asia, and Australia.
91GF Score

Get the complete analysis for ASX:SPZ

Cash Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$0.70
Price
A$1.14
GF Value