Digi InternationalDGII -1.46%80 Quick Ratio is 0.77 as of Mar. 2026, which is 63% below its 10-year median of 2.09. GuruFocus rates DGII with a GF Score™ of 80/100 and a GF Value™ of $34.88 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,492 Hardware companies, Digi International ranks worse than 84.19% on this metric.
Digi International 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 Digi International's Quick Ratio or its related term are showing as below:
DGII'
s Quick Ratio Range Over the Past 10 Years
Min: 0.77 Med: 2.09 Max: 9.43
Current: 0.77
During the past 13 years, Digi International's highest Quick Ratio was 9.43. The lowest was 0.77. And the median was 2.09.
DGII's Quick Ratio is ranked worse than 84.19% of 2492
companies
in the Hardware industry
Industry Median: 1.46
vs DGII: 0.77
Digi International (NAS:DGII) 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.
Digi International Quick Ratio Related Terms
Digi International Quick Ratio Historical Data
* Premium members only.
The historical data trend for Digi International'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.
For the Communication Equipment subindustry, Digi International'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.
Digi International Quick Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Digi International's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Digi International'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.
Digi International's Quick Ratio for the fiscal year that ended in Sep. 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.
Digi International (DGII) has a Quick Ratio of 0.77 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Digi International and its competitors. This is 63% below median its historical median of 2.09. Over the past decade, Digi International's Quick Ratio has ranged from 0.77 to 9.43. According to the industry distribution chart, Digi International ranks #2098 out of 2492 companies in the Hardware industry, placing it in the top 84.2%.
Is Digi International's Quick Ratio too high?
Digi International's current Quick Ratio of 0.77 is 63% below median its 10-year median of 2.09. Over the past 10 years, this metric has ranged from a low of 0.77 to a high of 9.43. The Hardware industry median Quick Ratio is 1.46. Digi International's value of 0.77 is 47.3% below this industry median. Based on the distribution chart, Digi International ranks #2098 out of 2492 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Digi International has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Digi International's Quick Ratio compare to VISN and HLIT?
According to the Hardware industry distribution chart, Digi International ranks #2098 out of 2492 companies for Quick Ratio. This places Digi International in the lower half of its industry. The industry median Quick Ratio is 1.46. Digi International's value of 0.77 is 47.3% below this benchmark. Historically, Digi International's own Quick Ratio has ranged from 0.77 to 9.43 over the past decade. While the company's 10-year median is 2.09 vs. the industry median of 1.46, Digi International 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 2,492 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. Digi International's current Quick Ratio of 0.77 is 47.3% 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 Digi International 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. Digi International's current Quick Ratio is 0.77, which is 63% below median its own 10-year median of 2.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Digi International stock overvalued right now?
Based on GuruFocus' analysis, Digi International (DGII) is currently considered Significantly Overvalued. The stock's GF Value™ is $34.88, compared to a current price of $67.74 — trading 94.2% above its estimated fair value. The current Quick Ratio is 0.77, which is 63% below median its 10-year median of 2.09 and 47.3% below the Hardware industry median of 1.46. Digi International's overall GF Score™ is 80/100 with 7 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 Digi International (DGII), the current Quick Ratio is 0.77 as of Mar. 2026. 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 Digi International (DGII) Overvalued in 2026?
Based on GuruFocus' analysis, Digi International stock appears to be overvalued.
The current stock price of $67.74 is trading 94.2% above its estimated GF Value™ of $34.88.
GuruFocus considers Digi International to be Significantly Overvalued.
Key valuation signals for DGII:
Quick Ratio: 0.77 (63% below median its 10-year median of 2.09)
GF Value™: $34.88 vs. price of $67.74 (94.2% above fair value)
Industry Position: 47.3% below the Hardware median (#2098 of 2492)
No single metric tells the full story. See the DGII stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Digi International Inc is a Minnesota corporation that provides business and mission-critical Internet of Things (IoT) connectivity products and services. It operates through two segments: IoT Products & Services, which supports OEMs, enterprise, and government customers in deploying secure IoT connectivity solutions, and IoT Solutions, consisting of SmartSense and its Managed Network-as-a-Service (MNaaS) business offering wireless temperature and condition-based monitoring, employee task management, label printing, and other services. The company generates the majority of its revenue from the IoT Products & Services segment and mainly from the United States, with a presence in Europe, the Middle East and Africa, and the Rest of the world.
80GF Score
Get the complete analysis for DGII
Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
DGII has been successfully added to your 
