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What is Carrier Connect Data Solutions Cash Ratio?
Carrier Connect Data SolutionsTSXV:CCDS -0.77%11 Cash Ratio is 3.08 as of Mar. 2026, which is 139% above its 10-year median of 1.29. GuruFocus rates TSXV:CCDS with a GF Score™ of 11/100. The stock has 3 warning signs investors should review. Among 2,746 Software companies, Carrier Connect Data Solutions ranks better than 86.13% on this metric.
Carrier Connect Data Solutions has a Cash Ratio of 3.08. 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 Carrier Connect Data Solutions's Cash Ratio or its related term are showing as below:
TSXV:CCDS'
s Cash Ratio Range Over the Past 10 Years
Min: 0.04 Med: 1.29 Max: 7.7
Current: 3.08
During the past 3 years, Carrier Connect Data Solutions's highest Cash Ratio was 7.70. The lowest was 0.04. And the median was 1.29.
TSXV:CCDS's Cash Ratio is ranked better than 86.13% of 2746
companies
in the Software industry
Industry Median: 0.76
vs TSXV:CCDS: 3.08
Carrier Connect Data Solutions (TSXV:CCDS) 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.
Carrier Connect Data Solutions Cash Ratio Related Terms
Carrier Connect Data Solutions 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.
TSXV:CCDS vs IBM, ACN, FISV: Cash Ratio Comparison
For the Information Technology Services subindustry, Carrier Connect Data Solutions'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.
Carrier Connect Data Solutions Cash Ratio vs Software Industry
For the Software industry and Technology sector, Carrier Connect Data Solutions's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Carrier Connect Data Solutions'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.
Carrier Connect Data Solutions (TSXV:CCDS) has a Cash Ratio of 3.08 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Carrier Connect Data Solutions and its competitors. This is 139% above median its historical median of 1.29. Over the past decade, Carrier Connect Data Solutions' Cash Ratio has ranged from 0.04 to 7.70. According to the industry distribution chart, Carrier Connect Data Solutions ranks #381 out of 2746 companies in the Software industry, placing it in the top 13.9%.
Is Carrier Connect Data Solutions' Cash Ratio too high?
Carrier Connect Data Solutions' current Cash Ratio of 3.08 is 139% above median its 10-year median of 1.29. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 7.70. The Software industry median Cash Ratio is 0.76. Carrier Connect Data Solutions' value of 3.08 is 305.3% above this industry median. Based on the distribution chart, Carrier Connect Data Solutions ranks #381 out of 2746 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Carrier Connect Data Solutions has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Carrier Connect Data Solutions' Cash Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Carrier Connect Data Solutions ranks #381 out of 2746 companies for Cash Ratio. This places Carrier Connect Data Solutions in the top 14% of its industry — outperforming the majority of peers. The industry median Cash Ratio is 0.76. Carrier Connect Data Solutions' value of 3.08 is 305.3% above this benchmark. Historically, Carrier Connect Data Solutions' own Cash Ratio has ranged from 0.04 to 7.70 over the past decade. While the company's 10-year median is 1.29 vs. the industry median of 0.76, Carrier Connect Data Solutions 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 Software company?
The median Cash Ratio among Software companies is 0.76, based on 2,746 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. Carrier Connect Data Solutions's current Cash Ratio of 3.08 is 305.3% 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 Carrier Connect Data Solutions and its competitors. For the Software industry, the median Cash Ratio is 0.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carrier Connect Data Solutions's current Cash Ratio is 3.08, which is 139% above median its own 10-year median of 1.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carrier Connect Data Solutions stock overvalued right now?
Carrier Connect Data Solutions (TSXV:CCDS) has a current Cash Ratio of 3.08. The current Cash Ratio is 3.08, which is 139% above median its 10-year median of 1.29 and 305.3% above the Software industry median of 0.76. Carrier Connect Data Solutions' overall GF Score™ is 11/100 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 Carrier Connect Data Solutions (TSXV:CCDS), the current Cash Ratio is 3.08 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.
Carrier Connect Data Solutions Inc operates a Tier II/III data center located in downtown Vancouver, British Columbia, and specializes in delivering co-location and data center solutions to service providers, enterprises and small businesses. Data centers are the physical locations that store computing machines and their related hardware equipment, such as servers, data storage drives, and network equipment. As a carrier-neutral facility, Carrier's systems are fully independent and owned outright within its leased space. The current principal market for Carrier is the Vancouver Metropolitan Area, where it serves clients who use its facility either as their primary data center or as an ancillary site depending on their needs.
11GF Score
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