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Smartwell TechnologyTSXV:SMWE 8 Current Ratio is 1.33 as of Dec. 2024, which is 32% below its 10-year median of 1.97. GuruFocus rates TSXV:SMWE with a GF Score™ of 8/100. Among 2,877 Software companies, Smartwell Technology ranks worse than 66.56% 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. Smartwell Technology's current ratio for the quarter that ended in Dec. 2024 was 1.33.
Smartwell Technology has a current ratio of 1.33. It generally indicates good short-term financial strength.
The historical rank and industry rank for Smartwell Technology's Current Ratio or its related term are showing as below:
TSXV:SMWE'
s Current Ratio Range Over the Past 10 Years
Min: 1.33 Med: 1.97 Max: 4.19
Current: 1.33
During the past 3 years, Smartwell Technology's highest Current Ratio was 4.19. The lowest was 1.33. And the median was 1.97.
TSXV:SMWE's Current Ratio is ranked worse than 66.56% of 2877
companies
in the Software industry
Industry Median: 1.81
vs TSXV:SMWE: 1.33
Smartwell Technology (TSXV:SMWE) 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.
Smartwell Technology Current Ratio Related Terms
Smartwell Technology Current Ratio Historical Data
* Premium members only.
The historical data trend for Smartwell Technology'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.
Smartwell Technology Current Ratio Chart
Smartwell Technology Annual Data
Trend
Dec22
Dec23
Dec24
Current Ratio
4.19
1.97
1.33
Smartwell Technology Semi-Annual Data
Dec22
Dec23
Dec24
Current Ratio
4.19
1.97
1.33
TSXV:SMWE vs : Current Ratio Comparison
For the Software - Application subindustry, Smartwell Technology'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.
Smartwell Technology Current Ratio vs Software Industry
For the Software industry and Technology sector, Smartwell Technology's Current Ratio distribution charts can be found below:
* The bar in red indicates where Smartwell Technology'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.
Smartwell Technology (TSXV:SMWE) has a Current Ratio of 1.33 as of Dec. 2024. This is 32% below median its historical median of 1.97. Over the past decade, Smartwell Technology's Current Ratio has ranged from 1.33 to 4.19. According to the industry distribution chart, Smartwell Technology ranks #1915 out of 2877 companies in the Software industry, placing it in the top 66.6%.
Is Smartwell Technology's Current Ratio too high?
Smartwell Technology's current Current Ratio of 1.33 is 32% below median its 10-year median of 1.97. Over the past 10 years, this metric has ranged from a low of 1.33 to a high of 4.19. The Software industry median Current Ratio is 1.81. Smartwell Technology's value of 1.33 is 26.5% below this industry median. Based on the distribution chart, Smartwell Technology ranks #1915 out of 2877 companies in the Software industry, which is below the industry midpoint. Overall, Smartwell Technology has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Smartwell Technology's Current Ratio compare to ?
According to the Software industry distribution chart, Smartwell Technology ranks #1915 out of 2877 companies for Current Ratio. This places Smartwell Technology in the lower half of its industry. The industry median Current Ratio is 1.81. Smartwell Technology's value of 1.33 is 26.5% below this benchmark. Historically, Smartwell Technology's own Current Ratio has ranged from 1.33 to 4.19 over the past decade. While the company's 10-year median is 1.97 vs. the industry median of 1.81, Smartwell Technology 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 2,877 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. Smartwell Technology's current Current Ratio of 1.33 is 26.5% 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. Smartwell Technology's current Current Ratio is 1.33, which is 32% below median its own 10-year median of 1.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smartwell Technology stock overvalued right now?
Smartwell Technology (TSXV:SMWE) has a current Current Ratio of 1.33. The current Current Ratio is 1.33, which is 32% below median its 10-year median of 1.97 and 26.5% below the Software industry median of 1.81. Smartwell Technology's overall GF Score™ is 8/100. 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 Smartwell Technology (TSXV:SMWE), the current Current Ratio is 1.33 as of Dec. 2024. 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.
Smartwell Technology Inc is a Canadian company that specializes in the field of smart agriculture. The company's technologies include crop growth models, satellite image recognition algorithms, and machine learning-based optimization. The company offers two main product lines through the Controlled Environment Agriculture (CEA) system, which consists of hardware and software. The hardware includes various sensors deployed in soil, air, and crops and automation control devices within the greenhouse. The software includes the company's proprietary digital twin plant growth models, data analysis and control systems.
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