The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Peppermint Innovation's current ratio for the quarter that ended in Dec. 2025 was 0.28.
Peppermint Innovation has a current ratio of 0.28. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Peppermint Innovation has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.
The historical rank and industry rank for Peppermint Innovation's Current Ratio or its related term are showing as below:
ASX:PIL'
s Current Ratio Range Over the Past 10 Years
Min: 0.16 Med: 1.93 Max: 26.65
Current: 0.28
During the past 13 years, Peppermint Innovation's highest Current Ratio was 26.65. The lowest was 0.16. And the median was 1.93.
ASX:PIL's Current Ratio is not ranked
in the Software industry.
Industry Median: 1.81
vs ASX:PIL: 0.28
Peppermint Innovation (ASX:PIL) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Peppermint Innovation Current Ratio Related Terms
Peppermint Innovation Current Ratio Historical Data
* Premium members only.
The historical data trend for Peppermint Innovation's Current 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.
ASX:PIL vs MSFT, ORCL, PLTR: Current Ratio Comparison
For the Software - Infrastructure subindustry, Peppermint Innovation's Current Ratio, along with its competitors' market caps and Current 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.
Peppermint Innovation Current Ratio vs Software Industry
For the Software industry and Technology sector, Peppermint Innovation's Current Ratio distribution charts can be found below:
* The bar in red indicates where Peppermint Innovation's Current 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.
Peppermint Innovation (ASX:PIL) has a Current Ratio of 0.28 as of Dec. 2025. This is 85% below median its historical median of 1.93. Over the past decade, Peppermint Innovation's Current Ratio has ranged from 0.16 to 26.65.
Is Peppermint Innovation's Current Ratio too high?
Peppermint Innovation's current Current Ratio of 0.28 is 85% below median its 10-year median of 1.93. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 26.65. The Software industry median Current Ratio is 1.81. Peppermint Innovation's value of 0.28 is 84.5% below this industry median.
How does Peppermint Innovation's Current Ratio compare to MSFT and ORCL?
Peppermint Innovation's Current Ratio of 0.28 can be compared against companies in the Software industry. The industry median Current Ratio is 1.81. Peppermint Innovation's value of 0.28 is 84.5% below this benchmark. Historically, Peppermint Innovation's own Current Ratio has ranged from 0.16 to 26.65 over the past decade. While the company's 10-year median is 1.93 vs. the industry median of 1.81, Peppermint Innovation 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 Current Ratio for a Software company?
The median Current Ratio among Software companies is 1.81, based on 2,864 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Peppermint Innovation's current Current Ratio of 0.28 is 84.5% 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Software industry, the median Current Ratio is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Peppermint Innovation's current Current Ratio is 0.28, which is 85% below median its own 10-year median of 1.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Peppermint Innovation stock overvalued right now?
Peppermint Innovation (ASX:PIL) has a current Current Ratio of 0.28. The current Current Ratio is 0.28, which is 85% below median its 10-year median of 1.93 and 84.5% below the Software industry median of 1.81. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Peppermint Innovation (ASX:PIL), the current Current Ratio is 0.28 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.
Peppermint Innovation Ltd engaged in the activities of developing and commercialising its mobile banking, payment, and remittance platform. The company operates in three segments: mobile banking and payment services, presently operating in the Philippines; international remittances, recently established in Australia; and corporate and head office.
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