Peppermint Innovation has a quick ratio of 0.28. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Peppermint Innovation's Quick Ratio or its related term are showing as below:
ASX:PIL'
s Quick Ratio Range Over the Past 10 Years
Min: 0.16 Med: 1.93 Max: 25.92
Current: 0.28
During the past 13 years, Peppermint Innovation's highest Quick Ratio was 25.92. The lowest was 0.16. And the median was 1.93.
ASX:PIL's Quick Ratio is not ranked
in the Software industry.
Industry Median: 1.7
vs ASX:PIL: 0.28
Peppermint Innovation (ASX:PIL) 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.
Peppermint Innovation Quick Ratio Related Terms
Peppermint Innovation Quick Ratio Historical Data
* Premium members only.
The historical data trend for Peppermint Innovation'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.
ASX:PIL vs MSFT, ORCL, PLTR: Quick Ratio Comparison
For the Software - Infrastructure subindustry, Peppermint Innovation'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.
Peppermint Innovation Quick Ratio vs Software Industry
For the Software industry and Technology sector, Peppermint Innovation's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Peppermint Innovation'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.
Peppermint Innovation'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.
Peppermint Innovation (ASX:PIL) has a Quick Ratio of 0.28 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Peppermint Innovation and its competitors. This is 85% below median its historical median of 1.93. Over the past decade, Peppermint Innovation's Quick Ratio has ranged from 0.16 to 25.92.
Is Peppermint Innovation's Quick Ratio too high?
Peppermint Innovation's current Quick Ratio of 0.28 is 85% below median its 10-year median of 1.93. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 25.92. The Software industry median Quick Ratio is 1.70. Peppermint Innovation's value of 0.28 is 83.5% below this industry median.
How does Peppermint Innovation's Quick Ratio compare to MSFT and ORCL?
Peppermint Innovation's Quick Ratio of 0.28 can be compared against companies in the Software industry. The industry median Quick Ratio is 1.70. Peppermint Innovation's value of 0.28 is 83.5% below this benchmark. Historically, Peppermint Innovation's own Quick Ratio has ranged from 0.16 to 25.92 over the past decade. While the company's 10-year median is 1.93 vs. the industry median of 1.70, Peppermint Innovation 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 Quick Ratio for a Software company?
The median Quick Ratio among Software companies is 1.70, based on 2,863 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. Peppermint Innovation's current Quick Ratio of 0.28 is 83.5% 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 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 Peppermint Innovation 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. Peppermint Innovation's current Quick Ratio is 0.28, which is 85% below median its own 10-year median of 1.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Peppermint Innovation stock overvalued right now?
Peppermint Innovation (ASX:PIL) has a current Quick Ratio of 0.28. The current Quick Ratio is 0.28, which is 85% below median its 10-year median of 1.93 and 83.5% below 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 Peppermint Innovation (ASX:PIL), the current Quick Ratio is 0.28 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.
Peppermint Innovation Ltd engaged in the activities of developing and commercialising its mobile banking, payment, and remittance platform. The company operates in three segments: mobile banking and payment services, presently operating in the Philippines; international remittances, recently established in Australia; and corporate and head office.
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