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Comet Holding AGXSWX:COTN -3.15%82 Cash Ratio is 0.63 as of Dec. 2025, which is 10% below its 10-year median of 0.70. GuruFocus rates XSWX:COTN with a GF Score™ of 82/100 and a GF Value™ of CHF263.24 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,479 Hardware companies, Comet Holding AG ranks better than 50.42% on this metric.
Comet Holding AG has a Cash Ratio of 0.63. 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 Comet Holding AG's Cash Ratio or its related term are showing as below:
XSWX:COTN'
s Cash Ratio Range Over the Past 10 Years
Min: 0.41 Med: 0.7 Max: 1.14
Current: 0.63
During the past 13 years, Comet Holding AG's highest Cash Ratio was 1.14. The lowest was 0.41. And the median was 0.70.
XSWX:COTN's Cash Ratio is ranked better than 50.42% of 2479
companies
in the Hardware industry
Industry Median: 0.63
vs XSWX:COTN: 0.63
Comet Holding AG (XSWX:COTN) 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.
Comet Holding AG Cash Ratio Related Terms
Comet Holding AG Cash Ratio Historical Data
* Premium members only.
The historical data trend for Comet Holding AG'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.
XSWX:COTN vs COHR, KEYS, GRMN: Cash Ratio Comparison
For the Scientific & Technical Instruments subindustry, Comet Holding AG'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.
Comet Holding AG Cash Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Comet Holding AG's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Comet Holding AG'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.
Comet Holding AG (XSWX:COTN) has a Cash Ratio of 0.63 as of Dec. 2025. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Comet Holding AG and its competitors. This is 10% below median its historical median of 0.70. Over the past decade, Comet Holding AG's Cash Ratio has ranged from 0.41 to 1.14. According to the industry distribution chart, Comet Holding AG ranks #1229 out of 2479 companies in the Hardware industry, placing it in the top 49.6%.
Is Comet Holding AG's Cash Ratio too high?
Comet Holding AG's current Cash Ratio of 0.63 is 10% below median its 10-year median of 0.70. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 1.14. The Hardware industry median Cash Ratio is 0.63. Comet Holding AG's value of 0.63 is 0% at this industry median. Based on the distribution chart, Comet Holding AG ranks #1229 out of 2479 companies in the Hardware industry, which is above the industry midpoint. Overall, Comet Holding AG has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Comet Holding AG's Cash Ratio compare to COHR and KEYS?
According to the Hardware industry distribution chart, Comet Holding AG ranks #1229 out of 2479 companies for Cash Ratio. This puts Comet Holding AG in the upper half of its industry. The industry median Cash Ratio is 0.63. Comet Holding AG's value of 0.63 is 0% at this benchmark. Historically, Comet Holding AG's own Cash Ratio has ranged from 0.41 to 1.14 over the past decade. While the company's 10-year median is 0.70 vs. the industry median of 0.63, Comet Holding AG has consistently been at 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 0.63, based on 2,479 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. Comet Holding AG's current Cash Ratio of 0.63 is 0% at 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 Comet Holding AG and its competitors. For the Hardware industry, the median Cash Ratio is 0.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Comet Holding AG's current Cash Ratio is 0.63, which is 10% below median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Comet Holding AG stock overvalued right now?
Based on GuruFocus' analysis, Comet Holding AG (XSWX:COTN) is currently considered Modestly Overvalued. The stock's GF Value™ is CHF263.24, compared to a current price of CHF326.40 — trading 24% above its estimated fair value. The current Cash Ratio is 0.63, which is 10% below median its 10-year median of 0.70 and 0% at the Hardware industry median of 0.63. Comet Holding AG's overall GF Score™ is 82/100 with 5 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 Comet Holding AG (XSWX:COTN), the current Cash Ratio is 0.63 as of Dec. 2025. 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 Comet Holding AG (XSWX:COTN) Overvalued in 2026?
Based on GuruFocus' analysis, Comet Holding AG stock appears to be overvalued.
The current stock price of CHF326.40 is trading 24% above its estimated GF Value™ of CHF263.24.
GuruFocus considers Comet Holding AG to be Modestly Overvalued.
Key valuation signals for XSWX:COTN:
Cash Ratio: 0.63 (10% below median its 10-year median of 0.70)
GF Value™: CHF263.24 vs. price of CHF326.40 (24% above fair value)
Industry Position: 0% at the Hardware median (#1229 of 2479)
No single metric tells the full story. See the XSWX:COTN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Comet Holding AG is a vendor of X-ray, radio frequency (RF) power, and e-beam technology. It markets its systems and services under the Comet, Yxlon, and ebeam brands. Yxlon x-ray systems for non-destructive testing are supplied to end customers in the automotive, aerospace, electronics, and energy sectors. Under the Comet brand, the group builds components and modules such as x-ray sources, vacuum capacitors, RF generators, and impedance matching networks, marketed to manufacturers in the automotive, aerospace, semiconductor, and solar industries, as well as the security sector. The Group has three operating divisions: Plasma Control Technologies (PCT), X-Ray Systems (IXS), and Industrial X-Ray Modules (IXM).
82GF Score
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