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QNA TechnologyFRA:P37 -1.53%20 Cash Ratio is 2.46 as of Mar. 2026, which is 71% below its 10-year median of 8.58. GuruFocus rates FRA:P37 with a GF Score™ of 20/100. The stock has 3 warning signs investors should review. Among 1,011 Semiconductors companies, QNA Technology ranks better than 78.64% on this metric.
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.
QNA Technology Cash Ratio Related Terms
QNA Technology Cash Ratio Historical Data
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The historical data trend for QNA Technology'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 Semiconductors subindustry, QNA Technology'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.
QNA Technology Cash Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, QNA Technology's Cash Ratio distribution charts can be found below:
* The bar in red indicates where QNA Technology'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.
QNA Technology (FRA:P37) has a Cash Ratio of 2.46 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on QNA Technology and its competitors. This is 71% below median its historical median of 8.58. Over the past decade, QNA Technology's Cash Ratio has ranged from 1.70 to 30.26. According to the industry distribution chart, QNA Technology ranks #216 out of 1011 companies in the Semiconductors industry, placing it in the top 21.4%.
Is QNA Technology's Cash Ratio too high?
QNA Technology's current Cash Ratio of 2.46 is 71% below median its 10-year median of 8.58. Over the past 10 years, this metric has ranged from a low of 1.70 to a high of 30.26. The Semiconductors industry median Cash Ratio is 0.99. QNA Technology's value of 2.46 is 148.5% above this industry median. Based on the distribution chart, QNA Technology ranks #216 out of 1011 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, QNA Technology has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does QNA Technology's Cash Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, QNA Technology ranks #216 out of 1011 companies for Cash Ratio. This places QNA Technology in the top 21% of its industry — outperforming the majority of peers. The industry median Cash Ratio is 0.99. QNA Technology's value of 2.46 is 148.5% above this benchmark. Historically, QNA Technology's own Cash Ratio has ranged from 1.70 to 30.26 over the past decade. While the company's 10-year median is 8.58 vs. the industry median of 0.99, QNA Technology 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 Semiconductors company?
The median Cash Ratio among Semiconductors companies is 0.99, based on 1,011 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. QNA Technology's current Cash Ratio of 2.46 is 148.5% 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 QNA Technology and its competitors. For the Semiconductors industry, the median Cash Ratio is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. QNA Technology's current Cash Ratio is 2.46, which is 71% below median its own 10-year median of 8.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is QNA Technology stock overvalued right now?
QNA Technology (FRA:P37) has a current Cash Ratio of 2.46. The current Cash Ratio is 2.46, which is 71% below median its 10-year median of 8.58 and 148.5% above the Semiconductors industry median of 0.99. QNA Technology's overall GF Score™ is 20/100 with 3 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 QNA Technology (FRA:P37), the current Cash Ratio is 2.46 as of Mar. 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.
QNA Technology SA is a company that implements nanomaterials to the industry in order to develop innovative technologies. They select the composition of their materials and the type of technology to eliminate their negative impact on the environment. Their materials do not contain heavy metals or deficient elements. It strive to ensure that our materials reduce energy consumption in optoelectronic devices.
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