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FindevTSXV:FDI -1.41%57 Cash Ratio is 24.46 as of Mar. 2026, which is 62% below its 10-year median of 64.29. GuruFocus rates TSXV:FDI with a GF Score™ of 57/100 and a GF Value™ of C$0.32 (Fairly Valued). The stock has 2 warning signs investors should review. Among 44 Banks companies, Findev ranks better than 84.09% on this metric.
The Cash Ratio measures a company’s ability to meet its short-term obligations with cash and near-cash resources. It is calculated as a company's Cash, Cash Equivalents, Marketable Securities divides by its Total Current Liabilities. Findev's Cash Ratio for the quarter that ended in Mar. 2026 was 24.46.
Findev has a Cash Ratio of 24.46. 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 Findev's Cash Ratio or its related term are showing as below:
TSXV:FDI'
s Cash Ratio Range Over the Past 10 Years
Min: 1.13 Med: 64.29 Max: 78.92
Current: 24.46
During the past 13 years, Findev's highest Cash Ratio was 78.92. The lowest was 1.13. And the median was 64.29.
TSXV:FDI's Cash Ratio is ranked better than 84.09% of 44
companies
in the Banks industry
Industry Median: 0.78
vs TSXV:FDI: 24.46
Findev (TSXV:FDI) 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.
Findev Cash Ratio Related Terms
Findev Cash Ratio Historical Data
* Premium members only.
The historical data trend for Findev'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.
TSXV:FDI vs RKT, FNMA, PFSI: Cash Ratio Comparison
For the Mortgage Finance subindustry, Findev'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.
Findev Cash Ratio vs Banks Industry
For the Banks industry and Financial Services sector, Findev's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Findev'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.
Findev (TSXV:FDI) has a Cash Ratio of 24.46 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Findev and its competitors. This is 62% below median its historical median of 64.29. Over the past decade, Findev's Cash Ratio has ranged from 1.13 to 78.92. According to the industry distribution chart, Findev ranks #7 out of 44 companies in the Banks industry, placing it in the top 15.9%.
Is Findev's Cash Ratio too high?
Findev's current Cash Ratio of 24.46 is 62% below median its 10-year median of 64.29. Over the past 10 years, this metric has ranged from a low of 1.13 to a high of 78.92. The Banks industry median Cash Ratio is 0.78. Findev's value of 24.46 is 3035.9% above this industry median. Based on the distribution chart, Findev ranks #7 out of 44 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Findev has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Findev's Cash Ratio compare to RKT and FNMA?
According to the Banks industry distribution chart, Findev ranks #7 out of 44 companies for Cash Ratio. This places Findev in the top 16% of its industry — outperforming the majority of peers. The industry median Cash Ratio is 0.78. Findev's value of 24.46 is 3035.9% above this benchmark. Historically, Findev's own Cash Ratio has ranged from 1.13 to 78.92 over the past decade. While the company's 10-year median is 64.29 vs. the industry median of 0.78, Findev 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 Banks company?
The median Cash Ratio among Banks companies is 0.78, based on 44 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. Findev's current Cash Ratio of 24.46 is 3035.9% 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 Findev and its competitors. For the Banks 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. Findev's current Cash Ratio is 24.46, which is 62% below median its own 10-year median of 64.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Findev stock overvalued right now?
Based on GuruFocus' analysis, Findev (TSXV:FDI) is currently considered Fairly Valued. The stock's GF Value™ is C$0.32, compared to a current price of C$0.35 — trading 9.4% above its estimated fair value. The current Cash Ratio is 24.46, which is 62% below median its 10-year median of 64.29 and 3035.9% above the Banks industry median of 0.78. Findev's overall GF Score™ is 57/100 with 2 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 Findev (TSXV:FDI), the current Cash Ratio is 24.46 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 Findev (TSXV:FDI) Overvalued in 2026?
Based on GuruFocus' analysis, Findev stock appears to be overvalued.
The current stock price of C$0.35 is trading 9.4% above its estimated GF Value™ of C$0.32.
GuruFocus considers Findev to be Fairly Valued.
Key valuation signals for TSXV:FDI:
Cash Ratio: 24.46 (62% below median its 10-year median of 64.29)
GF Value™: C$0.32 vs. price of C$0.35 (9.4% above fair value)
Industry Position: 3035.9% above the Banks median (#7 of 44)
No single metric tells the full story. See the TSXV:FDI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Findev Inc is a real estate financing company that lends money to real estate projects that are identified as uniquely positioned to generate above average returns in a two to three year timeframe.
57GF Score
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