Qualitas (ASX:QAL) Current Ratio: 1.96 (As of Dec. 2025) — 128% Above Median


ASX:QAL Qualitas Ltd ASX:QAL
62 GF Score
Price A$3.01
GF Value A$3.18
Valuation Fairly Valued
! 2 Warning Signs
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What is Qualitas Current Ratio?

Qualitas ASX:QAL -2.27% 62 Current Ratio is 1.96 as of Dec. 2025, which is 128% above its 10-year median of 0.86. GuruFocus rates ASX:QAL with a GF Score™ of 62/100 and a GF Value™ of A$3.18 (Fairly Valued). The stock has 2 warning signs investors should review. Among 708 Asset Management companies, Qualitas ranks worse than 62.85% on this metric.

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. Qualitas's current ratio for the quarter that ended in Dec. 2025 was 1.96.

Qualitas has a current ratio of 1.96. It generally indicates good short-term financial strength.

The historical rank and industry rank for Qualitas's Current Ratio or its related term are showing as below:

ASX:QAL' s Current Ratio Range Over the Past 10 Years
Min: 0.71   Med: 0.86   Max: 5.12
Current: 1.96

During the past 5 years, Qualitas's highest Current Ratio was 5.12. The lowest was 0.71. And the median was 0.86.

ASX:QAL's Current Ratio is ranked worse than
62.85% of 708 companies
in the Asset Management industry
Industry Median: 3.015 vs ASX:QAL: 1.96

Qualitas  (ASX:QAL) 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.


Qualitas Current Ratio Related Terms


Qualitas Current Ratio Historical Data

* Premium members only.

The historical data trend for Qualitas'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.

Qualitas Current Ratio Chart

Qualitas Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
Current Ratio
0.76 2.29 0.86 0.78 5.12

Qualitas Semi-Annual Data
Jun21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Current Ratio Get a 7-Day Free Trial Premium Member Only 0.81 0.78 2.35 5.12 1.96

ASX:QAL vs BLK, BX, KKR: Current Ratio Comparison

For the Asset Management subindustry, Qualitas'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.


Qualitas Current Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Qualitas's Current Ratio distribution charts can be found below:

* The bar in red indicates where Qualitas's Current Ratio falls into.


ASX:QAL
62GF Score
Qualitas Ltd ASX:QAL
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Qualitas Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Qualitas's Current Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Current Ratio (A: Jun. 2025 )=Total Current Assets (A: Jun. 2025 )/Total Current Liabilities (A: Jun. 2025 )
=234.898/45.85
=5.12

Qualitas's Current Ratio for the quarter that ended in Dec. 2025 is calculated as

Current Ratio (Q: Dec. 2025 )=Total Current Assets (Q: Dec. 2025 )/Total Current Liabilities (Q: Dec. 2025 )
=173.823/88.547
=1.96

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 1.96 mean?
Qualitas (ASX:QAL) has a Current Ratio of 1.96 as of Dec. 2025. This is 128% above median its historical median of 0.86. Over the past decade, Qualitas' Current Ratio has ranged from 0.71 to 5.12. According to the industry distribution chart, Qualitas ranks #445 out of 708 companies in the Asset Management industry, placing it in the top 62.9%.
Is Qualitas' Current Ratio too high?
Qualitas' current Current Ratio of 1.96 is 128% above median its 10-year median of 0.86. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 5.12. The Asset Management industry median Current Ratio is 3.02. Qualitas' value of 1.96 is 35% below this industry median. Based on the distribution chart, Qualitas ranks #445 out of 708 companies in the Asset Management industry, which is below the industry midpoint. Overall, Qualitas has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Qualitas' Current Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Qualitas ranks #445 out of 708 companies for Current Ratio. This places Qualitas in the lower half of its industry. The industry median Current Ratio is 3.02. Qualitas' value of 1.96 is 35% below this benchmark. Historically, Qualitas' own Current Ratio has ranged from 0.71 to 5.12 over the past decade. While the company's 10-year median is 0.86 vs. the industry median of 3.02, Qualitas 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 an Asset Management company?
The median Current Ratio among Asset Management companies is 3.02, based on 708 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. Qualitas's current Current Ratio of 1.96 is 35% 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 Asset Management industry, the median Current Ratio is 3.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qualitas's current Current Ratio is 1.96, which is 128% above median its own 10-year median of 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qualitas stock overvalued right now?
Based on GuruFocus' analysis, Qualitas (ASX:QAL) is currently considered Fairly Valued. The stock's GF Value™ is A$3.18, compared to a current price of A$3.01 — trading 5.3% below its estimated fair value. The current Current Ratio is 1.96, which is 128% above median its 10-year median of 0.86 and 35% below the Asset Management industry median of 3.02. Qualitas' overall GF Score™ is 62/100 with 2 warning signs to review. 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 Qualitas (ASX:QAL), the current Current Ratio is 1.96 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 Qualitas (ASX:QAL) Overvalued in 2026?

Based on GuruFocus' analysis, Qualitas stock appears to be undervalued. The current stock price of A$3.01 is trading 5.3% below its estimated GF Value™ of A$3.18. GuruFocus considers Qualitas to be Fairly Valued.

Key valuation signals for ASX:QAL:

  • Current Ratio: 1.96 (128% above median its 10-year median of 0.86)
  • GF Value™: A$3.18 vs. price of A$3.01 (5.3% below fair value)
  • GF Score™: 62/100 with 2 warning signs
  • Industry Position: 35% below the Asset Management median (#445 of 708)

No single metric tells the full story. See the ASX:QAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Qualitas Business Description

Address 120 Collins Street, Level 38, Melbourne, VIC, AUS, 3000
Qualitas Ltd is an alternative real estate investment manager focused on private credit and equity across commercial real estate sectors. The Group has identified two operating segments Funds Management and Direct Lending. Maximum revenue is generated from its Funds Management segment which includes all of its core Funds management activities and includes Funds management fees, performance fees, and other fee income. It also includes dividends and distributions from Qualitas' Investment and Direct Lending activities. The Direct Lending segment relates to the interest income and expenses relating to activities undertaken by the company's subsidiaries.
62GF Score

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Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$3.01
Price
A$3.18
GF Value