Gathid (ASX:GTH) Quick Ratio: 2.04 (As of Jun. 2025) — Near Median


What is Gathid Quick Ratio?

Gathid ASX:GTH Quick Ratio is 2.04 as of Jun. 2025, which is 7% above its 10-year median of 1.91. The stock has 5 warning signs investors should review.

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. Gathid's quick ratio for the quarter that ended in Jun. 2025 was 2.04.

Gathid has a quick ratio of 2.04. It generally indicates good short-term financial strength.

The historical rank and industry rank for Gathid's Quick Ratio or its related term are showing as below:

ASX:GTH' s Quick Ratio Range Over the Past 10 Years
Min: 0.91   Med: 1.91   Max: 6.77
Current: 2.04

During the past 8 years, Gathid's highest Quick Ratio was 6.77. The lowest was 0.91. And the median was 1.91.

ASX:GTH's Quick Ratio is not ranked
in the Software industry.
Industry Median: 1.7 vs ASX:GTH: 2.04

Gathid  (ASX:GTH) 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.


Gathid Quick Ratio Related Terms


Gathid Quick Ratio Historical Data

* Premium members only.

The historical data trend for Gathid'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.

Gathid Quick Ratio Chart

Gathid Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Quick Ratio
Get a 7-Day Free Trial 1.77 1.53 1.34 6.77 2.04

Gathid Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.34 12.49 6.77 4.40 2.04

ASX:GTH vs MSFT, ORCL, ADBE: Quick Ratio Comparison

For the Software - Infrastructure subindustry, Gathid'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.


Gathid Quick Ratio vs Software Industry

For the Software industry and Technology sector, Gathid's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Gathid's Quick Ratio falls into.



Gathid Quick Ratio Calculation

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.

Gathid's Quick Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Quick Ratio (A: Jun. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(8.285-0)/4.057
=2.04

Gathid's Quick Ratio for the quarter that ended in Jun. 2025 is calculated as

Quick Ratio (Q: Jun. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(8.285-0)/4.057
=2.04

* 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.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 2.04 mean?
Gathid (ASX:GTH) has a Quick Ratio of 2.04 as of Jun. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Gathid and its competitors. This is near median its historical median of 1.91. Over the past decade, Gathid's Quick Ratio has ranged from 0.91 to 6.77.
Is Gathid's Quick Ratio too high?
Gathid's current Quick Ratio of 2.04 is near median its 10-year median of 1.91. Over the past 10 years, this metric has ranged from a low of 0.91 to a high of 6.77. The Software industry median Quick Ratio is 1.70. Gathid's value of 2.04 is 20% above this industry median.
How does Gathid's Quick Ratio compare to MSFT and ORCL?
Gathid's Quick Ratio of 2.04 can be compared against companies in the Software industry. The industry median Quick Ratio is 1.70. Gathid's value of 2.04 is 20% above this benchmark. Historically, Gathid's own Quick Ratio has ranged from 0.91 to 6.77 over the past decade. While the company's 10-year median is 1.91 vs. the industry median of 1.70, Gathid 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 Software company?
The median Quick Ratio among Software companies is 1.70, based on 2,865 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. Gathid's current Quick Ratio of 2.04 is 20% 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 Gathid and its competitors. For the Software industry, the median Quick Ratio is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gathid's current Quick Ratio is 2.04, which is near median its own 10-year median of 1.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gathid stock overvalued right now?
Gathid (ASX:GTH) has a current Quick Ratio of 2.04. The current Quick Ratio is 2.04, which is near median its 10-year median of 1.91 and 20% above the Software industry median of 1.70. 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 Gathid (ASX:GTH), the current Quick Ratio is 2.04 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.

Gathid Business Description

Address 15 Lake Street, Suite 205, Varsity Lakes, Gold Coast, QLD, AUS, 4227
Gathid Ltd Formerly RightCrowd Ltd is a developer of physical security, safety, and compliance software. Its operating segment is Gathid Platform which involves development and delivery of analytics software for identifying user access compliance and governance issues. The company operates in industries such as Mining, Power Generation, Technology, Pharma and Banking.