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CarmaASX:CMA -12.17%9 Quick Ratio is 3.30 as of Dec. 2025, which is 40% below its 10-year median of 5.51. GuruFocus rates ASX:CMA with a GF Score™ of 9/100. The stock has 1 warning sign investors should review. Among 1,332 Vehicles & Parts companies, Carma ranks better than 90.54% on this metric.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Carma's quick ratio for the quarter that ended in Dec. 2025 was 3.30.
Carma has a quick ratio of 3.30. It generally indicates good short-term financial strength.
The historical rank and industry rank for Carma's Quick Ratio or its related term are showing as below:
ASX:CMA'
s Quick Ratio Range Over the Past 10 Years
Min: 3.3 Med: 5.51 Max: 7.72
Current: 3.3
During the past 3 years, Carma's highest Quick Ratio was 7.72. The lowest was 3.30. And the median was 5.51.
ASX:CMA's Quick Ratio is ranked better than 90.54% of 1332
companies
in the Vehicles & Parts industry
Industry Median: 1.06
vs ASX:CMA: 3.30
Carma (ASX:CMA) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Carma Quick Ratio Related Terms
Carma Quick Ratio Historical Data
* Premium members only.
The historical data trend for Carma's Quick 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.
Carma Quick Ratio Chart
Carma Annual Data
Trend
Jun23
Jun24
Jun25
Quick Ratio
0.00
0.00
7.72
Carma Semi-Annual Data
Jun23
Jun24
Jun25
Dec25
Quick Ratio
0.00
0.00
7.72
3.30
ASX:CMA vs CVNA, PAG, ALTB: Quick Ratio Comparison
For the Auto & Truck Dealerships subindustry, Carma's Quick Ratio, along with its competitors' market caps and Quick 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.
Carma Quick Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Carma's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Carma's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Carma's Quick Ratio for the fiscal year that ended in Jun. 2025 is calculated as
* 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.
Carma (ASX:CMA) has a Quick Ratio of 3.30 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Carma and its competitors. This is 40% below median its historical median of 5.51. Over the past decade, Carma's Quick Ratio has ranged from 3.30 to 7.72. According to the industry distribution chart, Carma ranks #126 out of 1332 companies in the Vehicles & Parts industry, placing it in the top 9.5%.
Is Carma's Quick Ratio too high?
Carma's current Quick Ratio of 3.30 is 40% below median its 10-year median of 5.51. Over the past 10 years, this metric has ranged from a low of 3.30 to a high of 7.72. The Vehicles & Parts industry median Quick Ratio is 1.06. Carma's value of 3.30 is 211.3% above this industry median. Based on the distribution chart, Carma ranks #126 out of 1332 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Carma has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Carma's Quick Ratio compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, Carma ranks #126 out of 1332 companies for Quick Ratio. This places Carma in the top 10% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.06. Carma's value of 3.30 is 211.3% above this benchmark. Historically, Carma's own Quick Ratio has ranged from 3.30 to 7.72 over the past decade. While the company's 10-year median is 5.51 vs. the industry median of 1.06, Carma 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 Quick Ratio for a Vehicles & Parts company?
The median Quick Ratio among Vehicles & Parts companies is 1.06, based on 1,332 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Carma's current Quick Ratio of 3.30 is 211.3% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Carma and its competitors. For the Vehicles & Parts industry, the median Quick Ratio is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carma's current Quick Ratio is 3.30, which is 40% below median its own 10-year median of 5.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carma stock overvalued right now?
Carma (ASX:CMA) has a current Quick Ratio of 3.30. The current Quick Ratio is 3.30, which is 40% below median its 10-year median of 5.51 and 211.3% above the Vehicles & Parts industry median of 1.06. Carma's overall GF Score™ is 9/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Carma (ASX:CMA), the current Quick Ratio is 3.30 as of Dec. 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.
Carma Ltd is an online retailer of quality used cars in Australia. It offers an online platform that makes it easy to view a huge range of quality cars, compare them like-for-like, and pick and reserve a car online. The company offer fair pricing with no haggling, finance arrangements or cash payments, free delivery within Greater Sydney, and a 7-day trial period allowing customers to test the car in everyday life with the option to return it for a full refund if not satisfied.
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