What is SmartRent's cash ratio?

SmartRent (SMRT) reported cash ratio of 2.3× in Q1 2026.

How has SmartRent's cash ratio changed year-over-year?

SmartRent's cash ratio increased by 39.7% year-over-year, from 1.7× to 2.3×.

What is the long-term trend for SmartRent's cash ratio?

Over 5 years (2020 to 2025), SmartRent's cash ratio has grown at a 8.2% compound annual growth rate (CAGR), from 1.2× to 1.7×.

What does cash ratio mean?

Cash and equivalents divided by current liabilities at the quarter end. The most conservative liquidity measure — what the company could pay immediately with cash on hand.

SmartRent SMRT Cash ratio

Cash ratio at other companies

Alarm.com HoldingsALRM

3.2×+1.5×

CalixCALX

0.3×0.0×

VenHub Global, Inc. VHUB

0.8×—

ItronITRI

1.2×+0.1×

AppFolioAPPF

2×+1.1×

Universal ElectronicsUEIC

0.3×—

Other financials

Income statement

See full

Revenue$38.7M-6.4%

Gross profit$15.1M+11.5%

Operating income-$5.1M+87.7%

Net income-$4.4M+88.9%

EPS (diluted)-$0.02+90.5%

Balance sheet

See full

Cash & equivalents$98.8M-21.3%

Total debt$7.0M-7.8%

Total equity$230.7M-8.0%

Total assets$300.2M-18.0%

Cash flow

See full

Operating cash flow-$4.5M+62.7%

CapEx$30.0K-98.6%

Free cash flow-$4.6M+68.1%

Valuation

See full

Market cap$229.48M+27.8%

P/S1.5×+0.4×

Profitability

See full

Gross margin34.4%+1.5pp

Operating margin-18.6%-6.8pp

Net margin-16.6%-6.1pp

FCF margin-30.4%-43.6pp

Returns & leverage

See full

Return on equity-10.3%-3.6pp

Debt / equity0×0.0×

Current ratio3.9×+0.9×

Where this comes from

Calculated from SmartRent’s reported figures.

cash and equivalents/total current liabilities=2.3×

Based on the most recent quarter.

The official record: SmartRent’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

Ask your AI about SmartRent's cash ratio.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is SmartRent's cash ratio?: SmartRent (SMRT) reported cash ratio of 2.3× in Q1 2026.
How has SmartRent's cash ratio changed year-over-year?: SmartRent's cash ratio increased by 39.7% year-over-year, from 1.7× to 2.3×.
What is the long-term trend for SmartRent's cash ratio?: Over 5 years (2020 to 2025), SmartRent's cash ratio has grown at a 8.2% compound annual growth rate (CAGR), from 1.2× to 1.7×.
What does cash ratio mean?: Cash and equivalents divided by current liabilities at the quarter end. The most conservative liquidity measure — what the company could pay immediately with cash on hand.