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. Spindox SpA's current ratio for the quarter that ended in Jun. 2025 was 1.23.
Spindox SpA has a current ratio of 1.23. It generally indicates good short-term financial strength.
The historical rank and industry rank for Spindox SpA's Current Ratio or its related term are showing as below:
MIL:SPN'
s Current Ratio Range Over the Past 10 Years
Min: 1.05 Med: 1.15 Max: 1.28
Current: 1.23
During the past 6 years, Spindox SpA's highest Current Ratio was 1.28. The lowest was 1.05. And the median was 1.15.
MIL:SPN's Current Ratio is not ranked
in the Software industry.
Industry Median: 1.815
vs MIL:SPN: 1.23
Spindox SpA (MIL:SPN) 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.
Spindox SpA Current Ratio Related Terms
Spindox SpA Current Ratio Historical Data
* Premium members only.
The historical data trend for Spindox SpA'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.
MIL:SPN vs IBM, ACN, CTSH: Current Ratio Comparison
For the Information Technology Services subindustry, Spindox SpA'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.
Spindox SpA Current Ratio vs Software Industry
For the Software industry and Technology sector, Spindox SpA's Current Ratio distribution charts can be found below:
* The bar in red indicates where Spindox SpA'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.
Spindox SpA (MIL:SPN) has a Current Ratio of 1.23 as of Jun. 2025. This is near median its historical median of 1.15. Over the past decade, Spindox SpA's Current Ratio has ranged from 1.05 to 1.28.
Is Spindox SpA's Current Ratio too high?
Spindox SpA's current Current Ratio of 1.23 is near median its 10-year median of 1.15. Over the past 10 years, this metric has ranged from a low of 1.05 to a high of 1.28. The Software industry median Current Ratio is 1.82. Spindox SpA's value of 1.23 is 32.2% below this industry median. Overall, Spindox SpA has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does Spindox SpA's Current Ratio compare to IBM and ACN?
Spindox SpA's Current Ratio of 1.23 can be compared against companies in the Software industry. The industry median Current Ratio is 1.82. Spindox SpA's value of 1.23 is 32.2% below this benchmark. Historically, Spindox SpA's own Current Ratio has ranged from 1.05 to 1.28 over the past decade. While the company's 10-year median is 1.15 vs. the industry median of 1.82, Spindox SpA 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 1.82, 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. Spindox SpA's current Current Ratio of 1.23 is 32.2% 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 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spindox SpA's current Current Ratio is 1.23, which is near median its own 10-year median of 1.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spindox SpA stock overvalued right now?
Spindox SpA (MIL:SPN) has a current Current Ratio of 1.23. The stock's GF Value™ is €10.82, compared to a current price of €12.95 — trading 19.7% above its estimated fair value. The current Current Ratio is 1.23, which is near median its 10-year median of 1.15 and 32.2% below the Software industry median of 1.82. Spindox SpA's overall GF Score™ is 57/100 with 8 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 Spindox SpA (MIL:SPN), the current Current Ratio is 1.23 as of Jun. 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 Spindox SpA (MIL:SPN) Overvalued in 2026?
Based on GuruFocus' analysis, Spindox SpA stock appears to be overvalued.
The current stock price of €12.95 is trading 19.7% above its estimated GF Value™ of €10.82.
Key valuation signals for MIL:SPN:
Current Ratio: 1.23 (near median its 10-year median of 1.15)
GF Value™: €10.82 vs. price of €12.95 (19.7% above fair value)
Industry Position: 32.2% below the Software median
No single metric tells the full story. See the MIL:SPN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Spindox SpA operates in the Information and Communication Technology services and products market. It offers consulting, IT and network engineering services, AI technological solutions, and research support in the Italian market.
57GF Score
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