ReadyTech HoldingsASX:RDY +1.94%77 Quick Ratio is 0.77 as of Dec. 2025, which is 28% above its 10-year median of 0.60. GuruFocus rates ASX:RDY with a GF Score™ of 77/100 and a GF Value™ of A$3.35 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 2,865 Software companies, ReadyTech Holdings ranks worse than 84.75% on this metric.
ReadyTech Holdings has a quick ratio of 0.77. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for ReadyTech Holdings's Quick Ratio or its related term are showing as below:
ASX:RDY'
s Quick Ratio Range Over the Past 10 Years
Min: 0.47 Med: 0.6 Max: 1.61
Current: 0.77
During the past 7 years, ReadyTech Holdings's highest Quick Ratio was 1.61. The lowest was 0.47. And the median was 0.60.
ASX:RDY's Quick Ratio is ranked worse than 84.75% of 2865
companies
in the Software industry
Industry Median: 1.7
vs ASX:RDY: 0.77
ReadyTech Holdings (ASX:RDY) 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.
ReadyTech Holdings Quick Ratio Related Terms
ReadyTech Holdings Quick Ratio Historical Data
* Premium members only.
The historical data trend for ReadyTech Holdings'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:RDY vs UBER, SHOP, CRM: Quick Ratio Comparison
For the Software - Application subindustry, ReadyTech Holdings'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.
ReadyTech Holdings Quick Ratio vs Software Industry
For the Software industry and Technology sector, ReadyTech Holdings's Quick Ratio distribution charts can be found below:
* The bar in red indicates where ReadyTech Holdings'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.
ReadyTech Holdings'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.
ReadyTech Holdings (ASX:RDY) has a Quick Ratio of 0.77 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on ReadyTech Holdings and its competitors. This is 28% above median its historical median of 0.60. Over the past decade, ReadyTech Holdings' Quick Ratio has ranged from 0.47 to 1.61. According to the industry distribution chart, ReadyTech Holdings ranks #2428 out of 2865 companies in the Software industry, placing it in the top 84.7%.
Is ReadyTech Holdings' Quick Ratio too high?
ReadyTech Holdings' current Quick Ratio of 0.77 is 28% above median its 10-year median of 0.60. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 1.61. The Software industry median Quick Ratio is 1.70. ReadyTech Holdings' value of 0.77 is 54.7% below this industry median. Based on the distribution chart, ReadyTech Holdings ranks #2428 out of 2865 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, ReadyTech Holdings has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ReadyTech Holdings' Quick Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, ReadyTech Holdings ranks #2428 out of 2865 companies for Quick Ratio. This places ReadyTech Holdings in the lower half of its industry. The industry median Quick Ratio is 1.70. ReadyTech Holdings' value of 0.77 is 54.7% below this benchmark. Historically, ReadyTech Holdings' own Quick Ratio has ranged from 0.47 to 1.61 over the past decade. While the company's 10-year median is 0.60 vs. the industry median of 1.70, ReadyTech Holdings 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 2,865 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. ReadyTech Holdings's current Quick Ratio of 0.77 is 54.7% 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 ReadyTech Holdings 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. ReadyTech Holdings's current Quick Ratio is 0.77, which is 28% above median its own 10-year median of 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ReadyTech Holdings stock overvalued right now?
Based on GuruFocus' analysis, ReadyTech Holdings (ASX:RDY) is currently considered Possible Value Trap. The stock's GF Value™ is A$3.35, compared to a current price of A$1.58 — trading 52.8% below its estimated fair value. The current Quick Ratio is 0.77, which is 28% above median its 10-year median of 0.60 and 54.7% below the Software industry median of 1.70. ReadyTech Holdings' overall GF Score™ is 77/100 with 6 warning signs 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 ReadyTech Holdings (ASX:RDY), the current Quick Ratio is 0.77 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.
Is ReadyTech Holdings (ASX:RDY) Overvalued in 2026?
Based on GuruFocus' analysis, ReadyTech Holdings stock appears to be undervalued.
The current stock price of A$1.58 is trading 52.8% below its estimated GF Value™ of A$3.35.
GuruFocus considers ReadyTech Holdings to be Possible Value Trap.
Key valuation signals for ASX:RDY:
Quick Ratio: 0.77 (28% above median its 10-year median of 0.60)
GF Value™: A$3.35 vs. price of A$1.58 (52.8% below fair value)
Industry Position: 54.7% below the Software median (#2428 of 2865)
No single metric tells the full story. See the ASX:RDY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ReadyTech Holdings Ltd is a provider of people management software for educators, employers, and facilitators of career transitions. Its products are JR Plus, A2E, HR3, ePayroll, JR Gov, Aussiepay, and others. The company's operating segments include Education and Work pathways, Workforce Solutions, and Government and Justice. It generates maximum revenue from the Government and Justice. The education segment mainly provides products and services to tertiary education providers. Its Workforce segment provides products and services to a mid-sized company across various industries. The Government division provides government and justice case management software as a service solution to local governments, state governments, and justice departments.
77GF Score
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