X2M ConnectASX:X2M Quick Ratio is 0.49 as of Dec. 2025, which is 34% below its 10-year median of 0.74. The stock has 8 warning signs investors should review. Among 2,499 Hardware companies, X2M Connect ranks worse than 93.92% 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. X2M Connect's quick ratio for the quarter that ended in Dec. 2025 was 0.49.
X2M Connect has a quick ratio of 0.49. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for X2M Connect's Quick Ratio or its related term are showing as below:
ASX:X2M'
s Quick Ratio Range Over the Past 10 Years
Min: 0.34 Med: 0.74 Max: 3.95
Current: 0.49
During the past 4 years, X2M Connect's highest Quick Ratio was 3.95. The lowest was 0.34. And the median was 0.74.
ASX:X2M's Quick Ratio is ranked worse than 93.92% of 2499
companies
in the Hardware industry
Industry Median: 1.46
vs ASX:X2M: 0.49
X2M Connect (ASX:X2M) 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.
X2M Connect Quick Ratio Related Terms
X2M Connect Quick Ratio Historical Data
* Premium members only.
The historical data trend for X2M Connect'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:X2M vs COHR, KEYS, GRMN: Quick Ratio Comparison
For the Scientific & Technical Instruments subindustry, X2M Connect'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.
X2M Connect Quick Ratio vs Hardware Industry
For the Hardware industry and Technology sector, X2M Connect's Quick Ratio distribution charts can be found below:
* The bar in red indicates where X2M Connect'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.
X2M Connect'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.
X2M Connect (ASX:X2M) has a Quick Ratio of 0.49 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on X2M Connect and its competitors. This is 34% below median its historical median of 0.74. Over the past decade, X2M Connect's Quick Ratio has ranged from 0.34 to 3.95. According to the industry distribution chart, X2M Connect ranks #2347 out of 2499 companies in the Hardware industry, placing it in the top 93.9%.
Is X2M Connect's Quick Ratio too high?
X2M Connect's current Quick Ratio of 0.49 is 34% below median its 10-year median of 0.74. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 3.95. The Hardware industry median Quick Ratio is 1.46. X2M Connect's value of 0.49 is 66.4% below this industry median. Based on the distribution chart, X2M Connect ranks #2347 out of 2499 companies in the Hardware industry, which is in the bottom quartile relative to peers.
How does X2M Connect's Quick Ratio compare to COHR and KEYS?
According to the Hardware industry distribution chart, X2M Connect ranks #2347 out of 2499 companies for Quick Ratio. This places X2M Connect in the lower half of its industry. The industry median Quick Ratio is 1.46. X2M Connect's value of 0.49 is 66.4% below this benchmark. Historically, X2M Connect's own Quick Ratio has ranged from 0.34 to 3.95 over the past decade. While the company's 10-year median is 0.74 vs. the industry median of 1.46, X2M Connect 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 Hardware company?
The median Quick Ratio among Hardware companies is 1.46, based on 2,499 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. X2M Connect's current Quick Ratio of 0.49 is 66.4% 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 X2M Connect and its competitors. For the Hardware industry, the median Quick Ratio is 1.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. X2M Connect's current Quick Ratio is 0.49, which is 34% below median its own 10-year median of 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is X2M Connect stock overvalued right now?
Based on GuruFocus' analysis, X2M Connect (ASX:X2M) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.01, compared to a current price of A$0.01 — trading 40% below its estimated fair value. The current Quick Ratio is 0.49, which is 34% below median its 10-year median of 0.74 and 66.4% below the Hardware industry median of 1.46. 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 X2M Connect (ASX:X2M), the current Quick Ratio is 0.49 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.
X2M Connect Ltd is an Internet of Things (IoT) technology company that uses the internet to deliver productivity improvements, cost savings, and improved public safety to enterprise and government customers. Its focus is servicing the utility sector in the Asia-Pacific utility market through the provision of technology that connects devices over the internet, such as water meters and gas pressure sensors and which enables data exchange and control of these devices. The company's geographical segment includes South Korea, China, Taiwan, and other countries. It derives a majority of revenue from South Korea.
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