CalixFRA:CXA +3.73%79 Current Ratio is 3.29 as of Mar. 2026, which is 13% above its 10-year median of 2.90. GuruFocus rates FRA:CXA with a GF Score™ of 79/100 and a GF Value™ of €41.91 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,866 Software companies, Calix ranks better than 76.1% 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. Calix's current ratio for the quarter that ended in Mar. 2026 was 3.29.
Calix has a current ratio of 3.29. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.
The historical rank and industry rank for Calix's Current Ratio or its related term are showing as below:
FRA:CXA'
s Current Ratio Range Over the Past 10 Years
Min: 1.15 Med: 2.9 Max: 5.02
Current: 3.29
During the past 13 years, Calix's highest Current Ratio was 5.02. The lowest was 1.15. And the median was 2.90.
FRA:CXA's Current Ratio is ranked better than 76.1% of 2866
companies
in the Software industry
Industry Median: 1.815
vs FRA:CXA: 3.29
Calix (FRA:CXA) 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.
Calix Current Ratio Related Terms
Calix Current Ratio Historical Data
* Premium members only.
The historical data trend for Calix'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.
FRA:CXA vs RAMP, AVPT, NN: Current Ratio Comparison
For the Software - Infrastructure subindustry, Calix'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.
Calix Current Ratio vs Software Industry
For the Software industry and Technology sector, Calix's Current Ratio distribution charts can be found below:
* The bar in red indicates where Calix'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.
Calix (FRA:CXA) has a Current Ratio of 3.29 as of Mar. 2026. This is 13% above median its historical median of 2.90. Over the past decade, Calix's Current Ratio has ranged from 1.15 to 5.02. According to the industry distribution chart, Calix ranks #685 out of 2866 companies in the Software industry, placing it in the top 23.9%.
Is Calix's Current Ratio too high?
Calix's current Current Ratio of 3.29 is 13% above median its 10-year median of 2.90. Over the past 10 years, this metric has ranged from a low of 1.15 to a high of 5.02. The Software industry median Current Ratio is 1.82. Calix's value of 3.29 is 81.3% above this industry median. Based on the distribution chart, Calix ranks #685 out of 2866 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Calix has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Calix's Current Ratio compare to RAMP and AVPT?
According to the Software industry distribution chart, Calix ranks #685 out of 2866 companies for Current Ratio. This places Calix in the top 24% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.82. Calix's value of 3.29 is 81.3% above this benchmark. Historically, Calix's own Current Ratio has ranged from 1.15 to 5.02 over the past decade. While the company's 10-year median is 2.90 vs. the industry median of 1.82, Calix has consistently been above 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 1.82, based on 2,866 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. Calix's current Current Ratio of 3.29 is 81.3% above 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 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Calix's current Current Ratio is 3.29, which is 13% above 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 Calix stock overvalued right now?
Based on GuruFocus' analysis, Calix (FRA:CXA) is currently considered Modestly Undervalued. The stock's GF Value™ is €41.91, compared to a current price of €33.40 — trading 20.3% below its estimated fair value. The current Current Ratio is 3.29, which is 13% above median its 10-year median of 2.90 and 81.3% above the Software industry median of 1.82. Calix's overall GF Score™ is 79/100 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 Calix (FRA:CXA), the current Current Ratio is 3.29 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 Calix (FRA:CXA) Overvalued in 2026?
Based on GuruFocus' analysis, Calix stock appears to be undervalued.
The current stock price of €33.40 is trading 20.3% below its estimated GF Value™ of €41.91.
GuruFocus considers Calix to be Modestly Undervalued.
Key valuation signals for FRA:CXA:
Current Ratio: 3.29 (13% above median its 10-year median of 2.90)
GF Value™: €41.91 vs. price of €33.40 (20.3% below fair value)
Industry Position: 81.3% above the Software median (#685 of 2866)
No single metric tells the full story. See the FRA:CXA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Calix Inc develops, markets and sells its appliance-based platform, cloud and managed services that enable service providers of all types and sizes to innovate and transform their businesses. The company's customers utilize the real-time data and insights from Calix platforms to simplify their business and deliver experiences that excite their subscribers. The resulting growth in subscriber acquisition, loyalty and revenue creates more value for their businesses and communities. The Company's revenue is principally derived in the United States and it also has its presence in Europe, Americas excluding U.S., and Rest of World.
79GF Score
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