Dev Information Technology has a Cash Ratio of 0.10. 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 Dev Information Technology's Cash Ratio or its related term are showing as below:
NSE:DEVIT'
s Cash Ratio Range Over the Past 10 Years
Min: 0.04 Med: 0.19 Max: 0.29
Current: 0.1
During the past 13 years, Dev Information Technology's highest Cash Ratio was 0.29. The lowest was 0.04. And the median was 0.19.
NSE:DEVIT's Cash Ratio is ranked worse than 89.31% of 2807
companies
in the Software industry
Industry Median: 0.78
vs NSE:DEVIT: 0.10
Dev Information Technology (NSE:DEVIT) 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.
Dev Information Technology Cash Ratio Related Terms
Dev Information Technology Cash Ratio Historical Data
* 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.
NSE:DEVIT vs IBM, ACN, FISV: Cash Ratio Comparison
For the Information Technology Services subindustry, Dev Information 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.
Dev Information Technology Cash Ratio vs Software Industry
For the Software industry and Technology sector, Dev Information Technology's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Dev Information 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.
Dev Information Technology (NSE:DEVIT) has a Cash Ratio of 0.10 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Dev Information Technology and its competitors. This is 47% below median its historical median of 0.19. Over the past decade, Dev Information Technology's Cash Ratio has ranged from 0.04 to 0.29. According to the industry distribution chart, Dev Information Technology ranks #2507 out of 2807 companies in the Software industry, placing it in the top 89.3%.
Is Dev Information Technology's Cash Ratio too high?
Dev Information Technology's current Cash Ratio of 0.10 is 47% below median its 10-year median of 0.19. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.29. The Software industry median Cash Ratio is 0.78. Dev Information Technology's value of 0.10 is 87.2% below this industry median. Based on the distribution chart, Dev Information Technology ranks #2507 out of 2807 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Dev Information Technology has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Dev Information Technology's Cash Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Dev Information Technology ranks #2507 out of 2807 companies for Cash Ratio. This places Dev Information Technology in the lower half of its industry. The industry median Cash Ratio is 0.78. Dev Information Technology's value of 0.10 is 87.2% below this benchmark. Historically, Dev Information Technology's own Cash Ratio has ranged from 0.04 to 0.29 over the past decade. While the company's 10-year median is 0.19 vs. the industry median of 0.78, Dev Information Technology 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 Software company?
The median Cash Ratio among Software companies is 0.78, based on 2,807 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. Dev Information Technology's current Cash Ratio of 0.10 is 87.2% 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 Dev Information Technology and its competitors. For the Software industry, the median Cash Ratio is 0.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dev Information Technology's current Cash Ratio is 0.10, which is 47% below median its own 10-year median of 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dev Information Technology stock overvalued right now?
Based on GuruFocus' analysis, Dev Information Technology (NSE:DEVIT) is currently considered Possible Value Trap. The stock's GF Value™ is ₹56.89, compared to a current price of ₹27.55 — trading 51.6% below its estimated fair value. The current Cash Ratio is 0.10, which is 47% below median its 10-year median of 0.19 and 87.2% below the Software industry median of 0.78. Dev Information Technology's overall GF Score™ is 74/100 with 4 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 Dev Information Technology (NSE:DEVIT), the current Cash Ratio is 0.10 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.
Is Dev Information Technology (NSE:DEVIT) Overvalued in 2026?
Based on GuruFocus' analysis, Dev Information Technology stock appears to be undervalued.
The current stock price of ₹27.55 is trading 51.6% below its estimated GF Value™ of ₹56.89.
GuruFocus considers Dev Information Technology to be Possible Value Trap.
Key valuation signals for NSE:DEVIT:
Cash Ratio: 0.10 (47% below median its 10-year median of 0.19)
GF Value™: ₹56.89 vs. price of ₹27.55 (51.6% below fair value)
Industry Position: 87.2% below the Software median (#2507 of 2807)
No single metric tells the full story. See the NSE:DEVIT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dev Information Technology Ltd is engaged in providing information technology solutions and consultancy services in India. It offers advisory, architecture, implementation, and support services. The company provides various services namely enterprise applications and mobility, infrastructure management, cloud computing, digital services and licensing among others. It operates in a single segment being IT and IT enabled services.
74GF Score
Get the complete analysis for NSE:DEVIT
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