Cambridge Technology Enterprises has a quick ratio of 2.31. It generally indicates good short-term financial strength.
The historical rank and industry rank for Cambridge Technology Enterprises's Quick Ratio or its related term are showing as below:
NSE:CTE'
s Quick Ratio Range Over the Past 10 Years
Min: 0.78 Med: 2.03 Max: 2.62
Current: 2.31
During the past 13 years, Cambridge Technology Enterprises's highest Quick Ratio was 2.62. The lowest was 0.78. And the median was 2.03.
NSE:CTE's Quick Ratio is ranked better than 64.56% of 2864
companies
in the Software industry
Industry Median: 1.7
vs NSE:CTE: 2.31
Cambridge Technology Enterprises (NSE:CTE) 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.
Cambridge Technology Enterprises Quick Ratio Related Terms
Cambridge Technology Enterprises Quick Ratio Historical Data
* 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.
Cambridge Technology Enterprises Quick Ratio Chart
For the Information Technology Services subindustry, Cambridge Technology Enterprises'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.
Cambridge Technology Enterprises Quick Ratio vs Software Industry
For the Software industry and Technology sector, Cambridge Technology Enterprises's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Cambridge Technology Enterprises's Quick Ratio falls into.
Cambridge Technology Enterprises 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.
* 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.
Cambridge Technology Enterprises (NSE:CTE) has a Quick Ratio of 2.31 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Cambridge Technology Enterprises and its competitors. This is 14% above median its historical median of 2.03. Over the past decade, Cambridge Technology Enterprises' Quick Ratio has ranged from 0.78 to 2.62. According to the industry distribution chart, Cambridge Technology Enterprises ranks #1015 out of 2864 companies in the Software industry, placing it in the top 35.4%.
Is Cambridge Technology Enterprises' Quick Ratio too high?
Cambridge Technology Enterprises' current Quick Ratio of 2.31 is 14% above median its 10-year median of 2.03. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 2.62. The Software industry median Quick Ratio is 1.70. Cambridge Technology Enterprises' value of 2.31 is 35.9% above this industry median. Based on the distribution chart, Cambridge Technology Enterprises ranks #1015 out of 2864 companies in the Software industry, which is above the industry midpoint. Overall, Cambridge Technology Enterprises has a GF Score™ of 69/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cambridge Technology Enterprises' Quick Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Cambridge Technology Enterprises ranks #1015 out of 2864 companies for Quick Ratio. This puts Cambridge Technology Enterprises in the upper half of its industry. The industry median Quick Ratio is 1.70. Cambridge Technology Enterprises' value of 2.31 is 35.9% above this benchmark. Historically, Cambridge Technology Enterprises' own Quick Ratio has ranged from 0.78 to 2.62 over the past decade. While the company's 10-year median is 2.03 vs. the industry median of 1.70, Cambridge Technology Enterprises has consistently been above 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 2,864 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. Cambridge Technology Enterprises's current Quick Ratio of 2.31 is 35.9% above 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 Cambridge Technology Enterprises 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. Cambridge Technology Enterprises's current Quick Ratio is 2.31, which is 14% above 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 Cambridge Technology Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Cambridge Technology Enterprises (NSE:CTE) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹62.14, compared to a current price of ₹31.44 — trading 49.4% below its estimated fair value. The current Quick Ratio is 2.31, which is 14% above median its 10-year median of 2.03 and 35.9% above the Software industry median of 1.70. Cambridge Technology Enterprises' overall GF Score™ is 69/100 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 Cambridge Technology Enterprises (NSE:CTE), the current Quick Ratio is 2.31 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 Cambridge Technology Enterprises (NSE:CTE) Overvalued in 2026?
Based on GuruFocus' analysis, Cambridge Technology Enterprises stock appears to be undervalued.
The current stock price of ₹31.44 is trading 49.4% below its estimated GF Value™ of ₹62.14.
GuruFocus considers Cambridge Technology Enterprises to be Significantly Undervalued.
Key valuation signals for NSE:CTE:
Quick Ratio: 2.31 (14% above median its 10-year median of 2.03)
GF Value™: ₹62.14 vs. price of ₹31.44 (49.4% below fair value)
Industry Position: 35.9% above the Software median (#1015 of 2864)
No single metric tells the full story. See the NSE:CTE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cambridge Technology Enterprises Business Description
Cambridge Technology Enterprises Ltd is a business and technology company, engaged in software development and information technology (IT) related activities. It offers various services, which include cloud computing, artificial intelligence (AI), enterprise mobility, DevOps, and application development. The company derives revenue from India, the USA, the Philippines, and other regions, of which the maximum revenue is generated from the USA. The company generates revenue from the sale of software services and the sale of software licenses, where the majority of its revenue is derived from the sale of software services.
69GF Score
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