Digi InternationalDGII -1.46%80 Current Ratio is 1.11 as of Mar. 2026, which is 62% below its 10-year median of 2.90. GuruFocus rates DGII with a GF Score™ of 80/100 and a GF Value™ of $34.88 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,492 Hardware companies, Digi International ranks worse than 85.31% 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. Digi International's current ratio for the quarter that ended in Mar. 2026 was 1.11.
Digi International has a current ratio of 1.11. It generally indicates good short-term financial strength.
The historical rank and industry rank for Digi International's Current Ratio or its related term are showing as below:
DGII'
s Current Ratio Range Over the Past 10 Years
Min: 1.11 Med: 2.9 Max: 10.8
Current: 1.11
During the past 13 years, Digi International's highest Current Ratio was 10.80. The lowest was 1.11. And the median was 2.90.
DGII's Current Ratio is ranked worse than 85.31% of 2492
companies
in the Hardware industry
Industry Median: 1.96
vs DGII: 1.11
Digi International (NAS:DGII) 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.
Digi International Current Ratio Related Terms
Digi International Current Ratio Historical Data
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The historical data trend for Digi International'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.
DGII vs VISN, HLIT, EXTR: Current Ratio Comparison
For the Communication Equipment subindustry, Digi International'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.
Digi International Current Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Digi International's Current Ratio distribution charts can be found below:
* The bar in red indicates where Digi International'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.
Digi International (DGII) has a Current Ratio of 1.11 as of Mar. 2026. This is 62% below median its historical median of 2.90. Over the past decade, Digi International's Current Ratio has ranged from 1.11 to 10.80. According to the industry distribution chart, Digi International ranks #2126 out of 2492 companies in the Hardware industry, placing it in the top 85.3%.
Is Digi International's Current Ratio too high?
Digi International's current Current Ratio of 1.11 is 62% below median its 10-year median of 2.90. Over the past 10 years, this metric has ranged from a low of 1.11 to a high of 10.80. The Hardware industry median Current Ratio is 1.96. Digi International's value of 1.11 is 43.4% below this industry median. Based on the distribution chart, Digi International ranks #2126 out of 2492 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Digi International has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Digi International's Current Ratio compare to VISN and HLIT?
According to the Hardware industry distribution chart, Digi International ranks #2126 out of 2492 companies for Current Ratio. This places Digi International in the lower half of its industry. The industry median Current Ratio is 1.96. Digi International's value of 1.11 is 43.4% below this benchmark. Historically, Digi International's own Current Ratio has ranged from 1.11 to 10.80 over the past decade. While the company's 10-year median is 2.90 vs. the industry median of 1.96, Digi International 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 Hardware company?
The median Current Ratio among Hardware companies is 1.96, based on 2,492 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. Digi International's current Current Ratio of 1.11 is 43.4% 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 Hardware industry, the median Current Ratio is 1.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Digi International's current Current Ratio is 1.11, which is 62% below median its own 10-year median of 2.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Digi International stock overvalued right now?
Based on GuruFocus' analysis, Digi International (DGII) is currently considered Significantly Overvalued. The stock's GF Value™ is $34.88, compared to a current price of $67.74 — trading 94.2% above its estimated fair value. The current Current Ratio is 1.11, which is 62% below median its 10-year median of 2.90 and 43.4% below the Hardware industry median of 1.96. Digi International's overall GF Score™ is 80/100 with 7 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 Digi International (DGII), the current Current Ratio is 1.11 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 Digi International (DGII) Overvalued in 2026?
Based on GuruFocus' analysis, Digi International stock appears to be overvalued.
The current stock price of $67.74 is trading 94.2% above its estimated GF Value™ of $34.88.
GuruFocus considers Digi International to be Significantly Overvalued.
Key valuation signals for DGII:
Current Ratio: 1.11 (62% below median its 10-year median of 2.90)
GF Value™: $34.88 vs. price of $67.74 (94.2% above fair value)
Industry Position: 43.4% below the Hardware median (#2126 of 2492)
No single metric tells the full story. See the DGII stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Digi International Inc is a Minnesota corporation that provides business and mission-critical Internet of Things (IoT) connectivity products and services. It operates through two segments: IoT Products & Services, which supports OEMs, enterprise, and government customers in deploying secure IoT connectivity solutions, and IoT Solutions, consisting of SmartSense and its Managed Network-as-a-Service (MNaaS) business offering wireless temperature and condition-based monitoring, employee task management, label printing, and other services. The company generates the majority of its revenue from the IoT Products & Services segment and mainly from the United States, with a presence in Europe, the Middle East and Africa, and the Rest of the world.
80GF Score
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