CyanConnode Holdings (FRA:CUAN) Quick Ratio: 1.42 (As of Sep. 2025) — 30% Below Median


What is CyanConnode Holdings Quick Ratio?

CyanConnode Holdings FRA:CUAN -1.50% Quick Ratio is 1.42 as of Sep. 2025, which is 30% below its 10-year median of 2.03. The stock has 7 warning signs investors should review. Among 2,496 Hardware companies, CyanConnode Holdings ranks worse than 51.32% 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. CyanConnode Holdings's quick ratio for the quarter that ended in Sep. 2025 was 1.42.

CyanConnode Holdings has a quick ratio of 1.42. It generally indicates good short-term financial strength.

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

FRA:CUAN' s Quick Ratio Range Over the Past 10 Years
Min: 1.01   Med: 2.03   Max: 4.71
Current: 1.42

During the past 13 years, CyanConnode Holdings's highest Quick Ratio was 4.71. The lowest was 1.01. And the median was 2.03.

FRA:CUAN's Quick Ratio is ranked worse than
51.32% of 2496 companies
in the Hardware industry
Industry Median: 1.46 vs FRA:CUAN: 1.42

CyanConnode Holdings  (FRA:CUAN) 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.


CyanConnode Holdings Quick Ratio Related Terms


CyanConnode Holdings Quick Ratio Historical Data

* Premium members only.

The historical data trend for CyanConnode 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.

CyanConnode Holdings Quick Ratio Chart

CyanConnode Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.20 2.09 2.36 1.32 1.01

CyanConnode Holdings Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.59 1.32 1.79 1.01 1.42

FRA:CUAN vs CSCO, CIEN, MSI: Quick Ratio Comparison

For the Communication Equipment subindustry, CyanConnode 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.


CyanConnode Holdings Quick Ratio vs Hardware Industry

For the Hardware industry and Technology sector, CyanConnode Holdings's Quick Ratio distribution charts can be found below:

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



CyanConnode Holdings 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.

CyanConnode Holdings's Quick Ratio for the fiscal year that ended in Mar. 2025 is calculated as

Quick Ratio (A: Mar. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(24.181-2.737)/21.161
=1.01

CyanConnode Holdings's Quick Ratio for the quarter that ended in Sep. 2025 is calculated as

Quick Ratio (Q: Sep. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(31.031-3.732)/19.274
=1.42

* 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 1.42 mean?
CyanConnode Holdings (FRA:CUAN) has a Quick Ratio of 1.42 as of Sep. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on CyanConnode Holdings and its competitors. This is 30% below median its historical median of 2.03. Over the past decade, CyanConnode Holdings' Quick Ratio has ranged from 1.01 to 4.71. According to the industry distribution chart, CyanConnode Holdings ranks #1281 out of 2496 companies in the Hardware industry, placing it in the top 51.3%.
Is CyanConnode Holdings' Quick Ratio too high?
CyanConnode Holdings' current Quick Ratio of 1.42 is 30% below median its 10-year median of 2.03. Over the past 10 years, this metric has ranged from a low of 1.01 to a high of 4.71. The Hardware industry median Quick Ratio is 1.46. CyanConnode Holdings' value of 1.42 is 2.7% below this industry median. Based on the distribution chart, CyanConnode Holdings ranks #1281 out of 2496 companies in the Hardware industry, which is below the industry midpoint.
How does CyanConnode Holdings' Quick Ratio compare to CSCO and CIEN?
According to the Hardware industry distribution chart, CyanConnode Holdings ranks #1281 out of 2496 companies for Quick Ratio. This places CyanConnode Holdings in the lower half of its industry. The industry median Quick Ratio is 1.46. CyanConnode Holdings' value of 1.42 is 2.7% below this benchmark. Historically, CyanConnode Holdings' own Quick Ratio has ranged from 1.01 to 4.71 over the past decade. While the company's 10-year median is 2.03 vs. the industry median of 1.46, CyanConnode 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 Hardware company?
The median Quick Ratio among Hardware companies is 1.46, based on 2,496 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. CyanConnode Holdings's current Quick Ratio of 1.42 is 2.7% 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 CyanConnode Holdings 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. CyanConnode Holdings's current Quick Ratio is 1.42, which is 30% below median its own 10-year median of 2.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CyanConnode Holdings stock overvalued right now?
Based on GuruFocus' analysis, CyanConnode Holdings (FRA:CUAN) is currently considered Fairly Valued. The stock's GF Value™ is €0.07, compared to a current price of €0.07 — trading 6.4% below its estimated fair value. The current Quick Ratio is 1.42, which is 30% below median its 10-year median of 2.03 and 2.7% 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 CyanConnode Holdings (FRA:CUAN), the current Quick Ratio is 1.42 as of Sep. 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.

CyanConnode Holdings Business Description

Other Exchanges CYAN:UK
Address The Jeffreys Building, Cowley Road, Suite 2, Ground Floor, St Johns Innovation Park, Cambridge, GBR, CB4 0DS
CyanConnode Holdings PLC designs and develops wireless monitoring and control products for smart metering, lighting, and the Internet of Things applications. The company provides customers with long-range, low-power, end-to-end networking solutions and high-performance applications that help them enhance service delivery, improve business efficiency, and save energy. The company offers a range of solutions including Narrowband RF mesh, Ultimesh, Panmesh, and Omnimesh. The company has operations in Europe, Asia, and Rest of World.