Technology One (ASX:TNE) Current Ratio: 1.12 (As of Mar. 2026) — Near Median


ASX:TNE Technology One Ltd ASX:TNE
100 GF Score
Price A$28.41
GF Value A$30.00
Valuation Fairly Valued
! 1 Warning Sign
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What is Technology One Current Ratio?

Technology One ASX:TNE +2.45% 100 Current Ratio is 1.12 as of Mar. 2026, which is 1% below its 10-year median of 1.13. GuruFocus rates ASX:TNE with a GF Score™ of 100/100 and a GF Value™ of A$30.00 (Fairly Valued). The stock has 1 warning sign investors should review. Among 2,864 Software companies, Technology One ranks worse than 75.17% 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. Technology One's current ratio for the quarter that ended in Mar. 2026 was 1.12.

Technology One has a current ratio of 1.12. It generally indicates good short-term financial strength.

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

ASX:TNE' s Current Ratio Range Over the Past 10 Years
Min: 0.78   Med: 1.13   Max: 2.55
Current: 1.12

During the past 13 years, Technology One's highest Current Ratio was 2.55. The lowest was 0.78. And the median was 1.13.

ASX:TNE's Current Ratio is ranked worse than
75.17% of 2864 companies
in the Software industry
Industry Median: 1.81 vs ASX:TNE: 1.12

Technology One  (ASX:TNE) 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.


Technology One Current Ratio Related Terms


Technology One Current Ratio Historical Data

* Premium members only.

The historical data trend for Technology One'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.

Technology One Current Ratio Chart

Technology One Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.03 1.04 1.13 1.26 1.14

Technology One Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.22 1.26 1.25 1.14 1.12

ASX:TNE vs CRM, SHOP, UBER: Current Ratio Comparison

For the Software - Application subindustry, Technology One'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.


Technology One Current Ratio vs Software Industry

For the Software industry and Technology sector, Technology One's Current Ratio distribution charts can be found below:

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


ASX:TNE
100GF Score
Technology One Ltd ASX:TNE
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Technology One 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.

Technology One's Current Ratio for the fiscal year that ended in Sep. 2025 is calculated as

Current Ratio (A: Sep. 2025 )=Total Current Assets (A: Sep. 2025 )/Total Current Liabilities (A: Sep. 2025 )
=445.904/392.036
=1.14

Technology One's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=382.045/340.088
=1.12

* 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 1.12 mean?
Technology One (ASX:TNE) has a Current Ratio of 1.12 as of Mar. 2026. This is near median its historical median of 1.13. Over the past decade, Technology One's Current Ratio has ranged from 0.78 to 2.55. According to the industry distribution chart, Technology One ranks #2153 out of 2864 companies in the Software industry, placing it in the top 75.2%.
Is Technology One's Current Ratio too high?
Technology One's current Current Ratio of 1.12 is near median its 10-year median of 1.13. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 2.55. The Software industry median Current Ratio is 1.81. Technology One's value of 1.12 is 38.1% below this industry median. Based on the distribution chart, Technology One ranks #2153 out of 2864 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Technology One has a GF Score™ of 100/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Technology One's Current Ratio compare to CRM and SHOP?
According to the Software industry distribution chart, Technology One ranks #2153 out of 2864 companies for Current Ratio. This places Technology One in the lower half of its industry. The industry median Current Ratio is 1.81. Technology One's value of 1.12 is 38.1% below this benchmark. Historically, Technology One's own Current Ratio has ranged from 0.78 to 2.55 over the past decade. While the company's 10-year median is 1.13 vs. the industry median of 1.81, Technology One 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. Technology One's current Current Ratio of 1.12 is 38.1% 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. Technology One's current Current Ratio is 1.12, which is near median its own 10-year median of 1.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Technology One stock overvalued right now?
Based on GuruFocus' analysis, Technology One (ASX:TNE) is currently considered Fairly Valued. The stock's GF Value™ is A$30.00, compared to a current price of A$28.41 — trading 5.3% below its estimated fair value. The current Current Ratio is 1.12, which is near median its 10-year median of 1.13 and 38.1% below the Software industry median of 1.81. Technology One's overall GF Score™ is 100/100 with 1 warning sign 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 Technology One (ASX:TNE), the current Current Ratio is 1.12 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 Technology One (ASX:TNE) Overvalued in 2026?

Based on GuruFocus' analysis, Technology One stock appears to be undervalued. The current stock price of A$28.41 is trading 5.3% below its estimated GF Value™ of A$30.00. GuruFocus considers Technology One to be Fairly Valued.

Key valuation signals for ASX:TNE:

  • Current Ratio: 1.12 (near median its 10-year median of 1.13)
  • GF Value™: A$30.00 vs. price of A$28.41 (5.3% below fair value)
  • GF Score™: 100/100 with 1 warning sign
  • Industry Position: 38.1% below the Software median (#2153 of 2864)

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


Technology One Business Description

Other Exchanges THNOF:USARW8:Germany
Address 540 Wickham Street, Level 11, Fortitude Valley, Brisbane, QLD, AUS, 4006
Technology One is a technology company providing enterprise resource planning software, primarily to governmental organizations, education institutions, and healthcare organizations in Australia, New Zealand, and the United Kingdom. Over the past three decades, Technology One has successfully carved out its niche, boasting dominant market shares in some of its key verticals, world-leading annual customer retention rates of over 99%, and a consistently growing number of products used per customer.
100GF Score

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

A$28.41
Price
A$30.00
GF Value