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Coda Octopus GroupCODA -3.16%87 Cash Ratio is 5.87 as of Apr. 2026, which is 17% above its 10-year median of 5.02. GuruFocus rates CODA with a GF Score™ of 87/100 and a GF Value™ of $10.20 (Fairly Valued). The stock has 1 warning sign investors should review. Among 351 Aerospace & Defense companies, Coda Octopus Group ranks better than 93.73% on this metric.
Coda Octopus Group has a Cash Ratio of 5.87. 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 Coda Octopus Group's Cash Ratio or its related term are showing as below:
CODA'
s Cash Ratio Range Over the Past 10 Years
Min: 1.25 Med: 5.02 Max: 12.49
Current: 5.87
During the past 13 years, Coda Octopus Group's highest Cash Ratio was 12.49. The lowest was 1.25. And the median was 5.02.
CODA's Cash Ratio is ranked better than 93.73% of 351
companies
in the Aerospace & Defense industry
Industry Median: 0.46
vs CODA: 5.87
Coda Octopus Group (NAS:CODA) 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.
Coda Octopus Group Cash Ratio Related Terms
Coda Octopus Group Cash Ratio Historical Data
* Premium members only.
The historical data trend for Coda Octopus Group'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 Aerospace & Defense subindustry, Coda Octopus Group'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.
Coda Octopus Group Cash Ratio vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Coda Octopus Group's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Coda Octopus Group'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.
Coda Octopus Group (CODA) has a Cash Ratio of 5.87 as of Apr. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Coda Octopus Group and its competitors. This is 17% above median its historical median of 5.02. Over the past decade, Coda Octopus Group's Cash Ratio has ranged from 1.25 to 12.49. According to the industry distribution chart, Coda Octopus Group ranks #22 out of 351 companies in the Aerospace & Defense industry, placing it in the top 6.3%.
Is Coda Octopus Group's Cash Ratio too high?
Coda Octopus Group's current Cash Ratio of 5.87 is 17% above median its 10-year median of 5.02. Over the past 10 years, this metric has ranged from a low of 1.25 to a high of 12.49. The Aerospace & Defense industry median Cash Ratio is 0.46. Coda Octopus Group's value of 5.87 is 1176.1% above this industry median. Based on the distribution chart, Coda Octopus Group ranks #22 out of 351 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, Coda Octopus Group has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Coda Octopus Group's Cash Ratio compare to HOVR and MNTS?
According to the Aerospace & Defense industry distribution chart, Coda Octopus Group ranks #22 out of 351 companies for Cash Ratio. This places Coda Octopus Group in the top 6% of its industry — outperforming the majority of peers. The industry median Cash Ratio is 0.46. Coda Octopus Group's value of 5.87 is 1176.1% above this benchmark. Historically, Coda Octopus Group's own Cash Ratio has ranged from 1.25 to 12.49 over the past decade. While the company's 10-year median is 5.02 vs. the industry median of 0.46, Coda Octopus Group 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 an Aerospace & Defense company?
The median Cash Ratio among Aerospace & Defense companies is 0.46, based on 351 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. Coda Octopus Group's current Cash Ratio of 5.87 is 1176.1% 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 Coda Octopus Group and its competitors. For the Aerospace & Defense industry, the median Cash Ratio is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coda Octopus Group's current Cash Ratio is 5.87, which is 17% above median its own 10-year median of 5.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coda Octopus Group stock overvalued right now?
Based on GuruFocus' analysis, Coda Octopus Group (CODA) is currently considered Fairly Valued. The stock's GF Value™ is $10.20, compared to a current price of $10.18 — trading 0.2% below its estimated fair value. The current Cash Ratio is 5.87, which is 17% above median its 10-year median of 5.02 and 1176.1% above the Aerospace & Defense industry median of 0.46. Coda Octopus Group's overall GF Score™ is 87/100 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 Coda Octopus Group (CODA), the current Cash Ratio is 5.87 as of Apr. 2026. 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 Coda Octopus Group (CODA) Overvalued in 2026?
Based on GuruFocus' analysis, Coda Octopus Group stock appears to be undervalued.
The current stock price of $10.18 is trading 0.2% below its estimated GF Value™ of $10.20.
GuruFocus considers Coda Octopus Group to be Fairly Valued.
Key valuation signals for CODA:
Cash Ratio: 5.87 (17% above median its 10-year median of 5.02)
GF Value™: $10.20 vs. price of $10.18 (0.2% below fair value)
Industry Position: 1176.1% above the Aerospace & Defense median (#22 of 351)
No single metric tells the full story. See the CODA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Coda Octopus Group Inc develops underwater technologies and equipment for imaging, mapping defense, and survey applications. The company operates in three distinct business segments: the Marine Technology business, Acoustic Sensors and Material Business and the Defense Engineering Services Business. Its geographical segments are the Americas, Europe, Australia/Asia, and the Middle East/Africa. The majority of revenue is derived from the Products segment.
87GF Score
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