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poLight ASAOSTO:PLTO 39 Cash Ratio is 13.53 as of Mar. 2026, which is 101% above its 10-year median of 6.72. GuruFocus rates OSTO:PLTO with a GF Score™ of 39/100 and a GF Value™ of kr2.22. The stock has 4 warning signs investors should review. Among 2,480 Hardware companies, poLight ASA ranks better than 98.39% on this metric.
poLight ASA has a Cash Ratio of 13.53. 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 poLight ASA's Cash Ratio or its related term are showing as below:
OSTO:PLTo'
s Cash Ratio Range Over the Past 10 Years
Min: 2.07 Med: 6.72 Max: 21.95
Current: 13.53
During the past 12 years, poLight ASA's highest Cash Ratio was 21.95. The lowest was 2.07. And the median was 6.72.
OSTO:PLTo's Cash Ratio is ranked better than 98.39% of 2480
companies
in the Hardware industry
Industry Median: 0.635
vs OSTO:PLTo: 13.53
poLight ASA (OSTO:PLTo) 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.
poLight ASA Cash Ratio Related Terms
poLight ASA Cash Ratio Historical Data
* Premium members only.
The historical data trend for poLight ASA'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 Electronic Components subindustry, poLight ASA'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.
poLight ASA Cash Ratio vs Hardware Industry
For the Hardware industry and Technology sector, poLight ASA's Cash Ratio distribution charts can be found below:
* The bar in red indicates where poLight ASA'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.
poLight ASA (OSTO:PLTO) has a Cash Ratio of 13.53 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on poLight ASA and its competitors. This is 101% above median its historical median of 6.72. Over the past decade, poLight ASA's Cash Ratio has ranged from 2.07 to 21.95. According to the industry distribution chart, poLight ASA ranks #40 out of 2480 companies in the Hardware industry, placing it in the top 1.6%.
Is poLight ASA's Cash Ratio too high?
poLight ASA's current Cash Ratio of 13.53 is 101% above median its 10-year median of 6.72. Over the past 10 years, this metric has ranged from a low of 2.07 to a high of 21.95. The Hardware industry median Cash Ratio is 0.64. poLight ASA's value of 13.53 is 2030.7% above this industry median. Based on the distribution chart, poLight ASA ranks #40 out of 2480 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, poLight ASA has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does poLight ASA's Cash Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, poLight ASA ranks #40 out of 2480 companies for Cash Ratio. This places poLight ASA in the top 2% of its industry — outperforming the majority of peers. The industry median Cash Ratio is 0.64. poLight ASA's value of 13.53 is 2030.7% above this benchmark. Historically, poLight ASA's own Cash Ratio has ranged from 2.07 to 21.95 over the past decade. While the company's 10-year median is 6.72 vs. the industry median of 0.64, poLight ASA 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 Hardware company?
The median Cash Ratio among Hardware companies is 0.64, based on 2,480 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. poLight ASA's current Cash Ratio of 13.53 is 2030.7% 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 poLight ASA and its competitors. For the Hardware industry, the median Cash Ratio is 0.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. poLight ASA's current Cash Ratio is 13.53, which is 101% above median its own 10-year median of 6.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is poLight ASA stock overvalued right now?
poLight ASA (OSTO:PLTO) has a current Cash Ratio of 13.53. The stock's GF Value™ is kr2.22, compared to a current price of kr5.98 — trading 169.4% above its estimated fair value. The current Cash Ratio is 13.53, which is 101% above median its 10-year median of 6.72 and 2030.7% above the Hardware industry median of 0.64. poLight ASA's overall GF Score™ is 39/100 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 poLight ASA (OSTO:PLTO), the current Cash Ratio is 13.53 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 poLight ASA (OSTO:PLTO) Overvalued in 2026?
Based on GuruFocus' analysis, poLight ASA stock appears to be overvalued.
The current stock price of kr5.98 is trading 169.4% above its estimated GF Value™ of kr2.22.
Key valuation signals for OSTO:PLTO:
Cash Ratio: 13.53 (101% above median its 10-year median of 6.72)
GF Value™: kr2.22 vs. price of kr5.98 (169.4% above fair value)
Industry Position: 2030.7% above the Hardware median (#40 of 2480)
No single metric tells the full story. See the OSTO:PLTO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
poLight ASA provides photographic lenses used in cameras for smartphones, wearables such as watches and glasses, and industrial applications including medical and retail. The company specializes in optics, polymers, micro-electromechanical systems technology, and image application and processing. Its products include Driver ASIC and TLens. The Group has only one operating segment the TLens technology platform. Its geographical segments are the United States, Asia, and Europe.
39GF Score
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