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GM Leather SpAMIL:GML -2.86%62 Cash Ratio is 0.01 as of Dec. 2025, which is 83% below its 10-year median of 0.06. GuruFocus rates MIL:GML with a GF Score™ of 62/100 and a GF Value™ of €1.21 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 1,018 Manufacturing - Apparel & Accessories companies, GM Leather SpA ranks worse than 95.19% on this metric.
GM Leather SpA has a Cash Ratio of 0.01. 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 GM Leather SpA's Cash Ratio or its related term are showing as below:
MIL:GML'
s Cash Ratio Range Over the Past 10 Years
Min: 0.01 Med: 0.06 Max: 0.09
Current: 0.01
During the past 6 years, GM Leather SpA's highest Cash Ratio was 0.09. The lowest was 0.01. And the median was 0.06.
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.
GM Leather SpA Cash Ratio Related Terms
GM Leather SpA Cash Ratio Historical Data
* Premium members only.
The historical data trend for GM Leather SpA'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 Textile Manufacturing subindustry, GM Leather SpA'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.
GM Leather SpA Cash Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, GM Leather SpA's Cash Ratio distribution charts can be found below:
* The bar in red indicates where GM Leather SpA'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.
GM Leather SpA (MIL:GML) has a Cash Ratio of 0.01 as of Dec. 2025. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on GM Leather SpA and its competitors. This is 83% below median its historical median of 0.06. Over the past decade, GM Leather SpA's Cash Ratio has ranged from 0.01 to 0.09. According to the industry distribution chart, GM Leather SpA ranks #969 out of 1018 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 95.2%.
Is GM Leather SpA's Cash Ratio too high?
GM Leather SpA's current Cash Ratio of 0.01 is 83% below median its 10-year median of 0.06. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.09. The Manufacturing - Apparel & Accessories industry median Cash Ratio is 0.36. GM Leather SpA's value of 0.01 is 97.2% below this industry median. Based on the distribution chart, GM Leather SpA ranks #969 out of 1018 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, GM Leather SpA has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does GM Leather SpA's Cash Ratio compare to AIN?
According to the Manufacturing - Apparel & Accessories industry distribution chart, GM Leather SpA ranks #969 out of 1018 companies for Cash Ratio. This places GM Leather SpA in the lower half of its industry. The industry median Cash Ratio is 0.36. GM Leather SpA's value of 0.01 is 97.2% below this benchmark. Historically, GM Leather SpA's own Cash Ratio has ranged from 0.01 to 0.09 over the past decade. While the company's 10-year median is 0.06 vs. the industry median of 0.36, GM Leather SpA 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 Manufacturing - Apparel & Accessories company?
The median Cash Ratio among Manufacturing - Apparel & Accessories companies is 0.36, based on 1,018 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. GM Leather SpA's current Cash Ratio of 0.01 is 97.2% 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 GM Leather SpA and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cash Ratio is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GM Leather SpA's current Cash Ratio is 0.01, which is 83% below median its own 10-year median of 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GM Leather SpA stock overvalued right now?
Based on GuruFocus' analysis, GM Leather SpA (MIL:GML) is currently considered Possible Value Trap. The stock's GF Value™ is €1.21, compared to a current price of €0.68 — trading 43.8% below its estimated fair value. The current Cash Ratio is 0.01, which is 83% below median its 10-year median of 0.06 and 97.2% below the Manufacturing - Apparel & Accessories industry median of 0.36. GM Leather SpA's overall GF Score™ is 62/100 with 9 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 GM Leather SpA (MIL:GML), the current Cash Ratio is 0.01 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 GM Leather SpA (MIL:GML) Overvalued in 2026?
Based on GuruFocus' analysis, GM Leather SpA stock appears to be undervalued.
The current stock price of €0.68 is trading 43.8% below its estimated GF Value™ of €1.21.
GuruFocus considers GM Leather SpA to be Possible Value Trap.
Key valuation signals for MIL:GML:
Cash Ratio: 0.01 (83% below median its 10-year median of 0.06)
GF Value™: €1.21 vs. price of €0.68 (43.8% below fair value)
Industry Position: 97.2% below the Manufacturing - Apparel & Accessories median (#969 of 1018)
No single metric tells the full story. See the MIL:GML stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GM Leather SpA engages in the treatment, processing, and marketing of bovine leather. Its products are predominantly intended for the furniture, leather goods, and footwear industries. Geographically, the company derives its maximum revenue from non-EU countries followed by Italy and EU countries.
62GF Score
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