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Halliburton CoHAL -1.71%73 Cash Ratio is 0.36 as of Mar. 2026, which is 16% below its 10-year median of 0.43. GuruFocus rates HAL with a GF Score™ of 73/100 and a GF Value™ of $33.40 (Fairly Valued). The stock has 2 warning signs investors should review. Among 962 Oil & Gas companies, Halliburton Co ranks worse than 55.2% on this metric.
Halliburton Co has a Cash Ratio of 0.36. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.
The historical rank and industry rank for Halliburton Co's Cash Ratio or its related term are showing as below:
HAL'
s Cash Ratio Range Over the Past 10 Years
Min: 0.24 Med: 0.43 Max: 1
Current: 0.36
During the past 13 years, Halliburton Co's highest Cash Ratio was 1.00. The lowest was 0.24. And the median was 0.43.
HAL's Cash Ratio is ranked worse than 55.2% of 962
companies
in the Oil & Gas industry
Industry Median: 0.44
vs HAL: 0.36
Halliburton Co (NYSE:HAL) Cash Ratio Explanation
The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.
The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.
In general, the higher the cash ratio, the better the company's liquidity position.
Halliburton Co Cash Ratio Related Terms
Halliburton Co Cash Ratio Historical Data
* Premium members only.
The historical data trend for Halliburton Co's Cash 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 Oil & Gas Equipment & Services subindustry, Halliburton Co's Cash Ratio, along with its competitors' market caps and Cash 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.
Halliburton Co Cash Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Halliburton Co's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Halliburton Co's Cash Ratio falls into.
* 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.
Halliburton Co (HAL) has a Cash Ratio of 0.36 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Halliburton Co and its competitors. This is 16% below median its historical median of 0.43. Over the past decade, Halliburton Co's Cash Ratio has ranged from 0.24 to 1.00. According to the industry distribution chart, Halliburton Co ranks #531 out of 962 companies in the Oil & Gas industry, placing it in the top 55.2%.
Is Halliburton Co's Cash Ratio too high?
Halliburton Co's current Cash Ratio of 0.36 is 16% below median its 10-year median of 0.43. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 1.00. The Oil & Gas industry median Cash Ratio is 0.44. Halliburton Co's value of 0.36 is 18.2% below this industry median. Based on the distribution chart, Halliburton Co ranks #531 out of 962 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Halliburton Co has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Halliburton Co's Cash Ratio compare to FTI and KGS?
According to the Oil & Gas industry distribution chart, Halliburton Co ranks #531 out of 962 companies for Cash Ratio. This places Halliburton Co in the lower half of its industry. The industry median Cash Ratio is 0.44. Halliburton Co's value of 0.36 is 18.2% below this benchmark. Historically, Halliburton Co's own Cash Ratio has ranged from 0.24 to 1.00 over the past decade. While the company's 10-year median is 0.43 vs. the industry median of 0.44, Halliburton Co 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 Cash Ratio for an Oil & Gas company?
The median Cash Ratio among Oil & Gas companies is 0.44, based on 962 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Halliburton Co's current Cash Ratio of 0.36 is 18.2% 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 Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Halliburton Co and its competitors. For the Oil & Gas industry, the median Cash Ratio is 0.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Halliburton Co's current Cash Ratio is 0.36, which is 16% below median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Halliburton Co stock overvalued right now?
Based on GuruFocus' analysis, Halliburton Co (HAL) is currently considered Fairly Valued. The stock's GF Value™ is $33.40, compared to a current price of $34.82 — trading 4.2% above its estimated fair value. The current Cash Ratio is 0.36, which is 16% below median its 10-year median of 0.43 and 18.2% below the Oil & Gas industry median of 0.44. Halliburton Co's overall GF Score™ is 73/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For Halliburton Co (HAL), the current Cash Ratio is 0.36 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 Halliburton Co (HAL) Overvalued in 2026?
Based on GuruFocus' analysis, Halliburton Co stock appears to be overvalued.
The current stock price of $34.82 is trading 4.2% above its estimated GF Value™ of $33.40.
GuruFocus considers Halliburton Co to be Fairly Valued.
Key valuation signals for HAL:
Cash Ratio: 0.36 (16% below median its 10-year median of 0.43)
GF Value™: $33.40 vs. price of $34.82 (4.2% above fair value)
Industry Position: 18.2% below the Oil & Gas median (#531 of 962)
No single metric tells the full story. See the HAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Halliburton is North America's largest oilfield-services company as measured by market share. Despite industry fragmentation, it holds a leading position in the hydraulic fracturing and completions market, which makes up nearly half of its revenue. It also holds strong positions in other service offerings like drilling and completions fluids, which leverages its expertise in material science, as well as the directional drilling market. While we consider SLB the global leader in reservoir evaluation, we think Halliburton leads in any activity from the reservoir to the wellbore. Halliburton's innovations have helped multiple producers lower their development costs per barrel of oil equivalent, with techniques that have been honed over a century of operations.
73GF Score
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