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Fiera CapitalTSX:FSZ -1.69%71 Cash Ratio is 0.36 as of Mar. 2026, which is 16% above its 10-year median of 0.31. GuruFocus rates TSX:FSZ with a GF Score™ of 71/100 and a GF Value™ of C$6.46 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 685 Asset Management companies, Fiera Capital ranks worse than 77.52% on this metric.
Fiera Capital has a Cash Ratio of 0.36. 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 Fiera Capital's Cash Ratio or its related term are showing as below:
TSX:FSZ'
s Cash Ratio Range Over the Past 10 Years
Min: 0.2 Med: 0.31 Max: 0.65
Current: 0.36
During the past 13 years, Fiera Capital's highest Cash Ratio was 0.65. The lowest was 0.20. And the median was 0.31.
TSX:FSZ's Cash Ratio is ranked worse than 77.52% of 685
companies
in the Asset Management industry
Industry Median: 1.58
vs TSX:FSZ: 0.36
Fiera Capital (TSX:FSZ) 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.
Fiera Capital Cash Ratio Related Terms
Fiera Capital Cash Ratio Historical Data
* Premium members only.
The historical data trend for Fiera Capital'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 Asset Management subindustry, Fiera Capital'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.
Fiera Capital Cash Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Fiera Capital's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Fiera Capital'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.
Fiera Capital (TSX:FSZ) has a Cash Ratio of 0.36 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Fiera Capital and its competitors. This is 16% above median its historical median of 0.31. Over the past decade, Fiera Capital's Cash Ratio has ranged from 0.20 to 0.65. According to the industry distribution chart, Fiera Capital ranks #531 out of 685 companies in the Asset Management industry, placing it in the top 77.5%.
Is Fiera Capital's Cash Ratio too high?
Fiera Capital's current Cash Ratio of 0.36 is 16% above median its 10-year median of 0.31. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 0.65. The Asset Management industry median Cash Ratio is 1.58. Fiera Capital's value of 0.36 is 77.2% below this industry median. Based on the distribution chart, Fiera Capital ranks #531 out of 685 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Fiera Capital has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fiera Capital's Cash Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Fiera Capital ranks #531 out of 685 companies for Cash Ratio. This places Fiera Capital in the lower half of its industry. The industry median Cash Ratio is 1.58. Fiera Capital's value of 0.36 is 77.2% below this benchmark. Historically, Fiera Capital's own Cash Ratio has ranged from 0.20 to 0.65 over the past decade. While the company's 10-year median is 0.31 vs. the industry median of 1.58, Fiera Capital 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 an Asset Management company?
The median Cash Ratio among Asset Management companies is 1.58, based on 685 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. Fiera Capital's current Cash Ratio of 0.36 is 77.2% 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 Fiera Capital and its competitors. For the Asset Management industry, the median Cash Ratio is 1.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fiera Capital's current Cash Ratio is 0.36, which is 16% above median its own 10-year median of 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fiera Capital stock overvalued right now?
Based on GuruFocus' analysis, Fiera Capital (TSX:FSZ) is currently considered Modestly Undervalued. The stock's GF Value™ is C$6.46, compared to a current price of C$5.23 — trading 19% below its estimated fair value. The current Cash Ratio is 0.36, which is 16% above median its 10-year median of 0.31 and 77.2% below the Asset Management industry median of 1.58. Fiera Capital's overall GF Score™ is 71/100 with 8 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 Fiera Capital (TSX:FSZ), the current Cash Ratio is 0.36 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 Fiera Capital (TSX:FSZ) Overvalued in 2026?
Based on GuruFocus' analysis, Fiera Capital stock appears to be undervalued.
The current stock price of C$5.23 is trading 19% below its estimated GF Value™ of C$6.46.
GuruFocus considers Fiera Capital to be Modestly Undervalued.
Key valuation signals for TSX:FSZ:
Cash Ratio: 0.36 (16% above median its 10-year median of 0.31)
GF Value™: C$6.46 vs. price of C$5.23 (19% below fair value)
Industry Position: 77.2% below the Asset Management median (#531 of 685)
No single metric tells the full story. See the TSX:FSZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fiera Capital Corp is an asset management firm that delivers customized and multi-asset solutions across public and private market asset classes to institutional, financial intermediary, and private wealth clients. The company's operating segment is asset management services. Its geographical segments are Canada, the United States of America, Europe, Middle East, & Africa, and Asia. The company derives the majority of its revenue from Canada.
71GF Score
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