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HiTech Group AustraliaASX:HIT -4.80%82 Cash Ratio is 1.85 as of Dec. 2025, which is 12% below its 10-year median of 2.11. GuruFocus rates ASX:HIT with a GF Score™ of 82/100 and a GF Value™ of A$1.89 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,064 Business Services companies, HiTech Group Australia ranks better than 79.51% on this metric.
HiTech Group Australia has a Cash Ratio of 1.85. It generally indicates that the company is able to cover all short-term debt and still have cash remaining.
The historical rank and industry rank for HiTech Group Australia's Cash Ratio or its related term are showing as below:
ASX:HIT'
s Cash Ratio Range Over the Past 10 Years
Min: 1.51 Med: 2.11 Max: 4.28
Current: 1.85
During the past 13 years, HiTech Group Australia's highest Cash Ratio was 4.28. The lowest was 1.51. And the median was 2.11.
ASX:HIT's Cash Ratio is ranked better than 79.51% of 1064
companies
in the Business Services industry
Industry Median: 0.63
vs ASX:HIT: 1.85
HiTech Group Australia (ASX:HIT) 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.
* 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 Staffing & Employment Services subindustry, HiTech Group Australia'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.
HiTech Group Australia Cash Ratio vs Business Services Industry
For the Business Services industry and Industrials sector, HiTech Group Australia's Cash Ratio distribution charts can be found below:
* The bar in red indicates where HiTech Group Australia'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.
HiTech Group Australia (ASX:HIT) has a Cash Ratio of 1.85 as of Dec. 2025. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on HiTech Group Australia and its competitors. This is 12% below median its historical median of 2.11. Over the past decade, HiTech Group Australia's Cash Ratio has ranged from 1.51 to 4.28. According to the industry distribution chart, HiTech Group Australia ranks #218 out of 1064 companies in the Business Services industry, placing it in the top 20.5%.
Is HiTech Group Australia's Cash Ratio too high?
HiTech Group Australia's current Cash Ratio of 1.85 is 12% below median its 10-year median of 2.11. Over the past 10 years, this metric has ranged from a low of 1.51 to a high of 4.28. The Business Services industry median Cash Ratio is 0.63. HiTech Group Australia's value of 1.85 is 193.7% above this industry median. Based on the distribution chart, HiTech Group Australia ranks #218 out of 1064 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, HiTech Group Australia has a GF Score™ of 82/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HiTech Group Australia's Cash Ratio compare to KFY and RHI?
According to the Business Services industry distribution chart, HiTech Group Australia ranks #218 out of 1064 companies for Cash Ratio. This places HiTech Group Australia in the top 21% of its industry — outperforming the majority of peers. The industry median Cash Ratio is 0.63. HiTech Group Australia's value of 1.85 is 193.7% above this benchmark. Historically, HiTech Group Australia's own Cash Ratio has ranged from 1.51 to 4.28 over the past decade. While the company's 10-year median is 2.11 vs. the industry median of 0.63, HiTech Group Australia 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 Cash Ratio for a Business Services company?
The median Cash Ratio among Business Services companies is 0.63, based on 1,064 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. HiTech Group Australia's current Cash Ratio of 1.85 is 193.7% 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 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 HiTech Group Australia and its competitors. For the Business Services industry, the median Cash Ratio is 0.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HiTech Group Australia's current Cash Ratio is 1.85, which is 12% below median its own 10-year median of 2.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HiTech Group Australia stock overvalued right now?
Based on GuruFocus' analysis, HiTech Group Australia (ASX:HIT) is currently considered Possible Value Trap. The stock's GF Value™ is A$1.89, compared to a current price of A$1.19 — trading 37% below its estimated fair value. The current Cash Ratio is 1.85, which is 12% below median its 10-year median of 2.11 and 193.7% above the Business Services industry median of 0.63. HiTech Group Australia's overall GF Score™ is 82/100 with 5 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 HiTech Group Australia (ASX:HIT), the current Cash Ratio is 1.85 as of Dec. 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.
Is HiTech Group Australia (ASX:HIT) Overvalued in 2026?
Based on GuruFocus' analysis, HiTech Group Australia stock appears to be undervalued.
The current stock price of A$1.19 is trading 37% below its estimated GF Value™ of A$1.89.
GuruFocus considers HiTech Group Australia to be Possible Value Trap.
Key valuation signals for ASX:HIT:
Cash Ratio: 1.85 (12% below median its 10-year median of 2.11)
GF Value™: A$1.89 vs. price of A$1.19 (37% below fair value)
Industry Position: 193.7% above the Business Services median (#218 of 1064)
No single metric tells the full story. See the ASX:HIT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HiTech Group Australia Ltd is engaged in recruitment services for permanent and contract staff to the ICT sector. It currently supplies permanent and contract staff from its database of over specialised ICT, Finance, and Office Support professionals. Its main business comes from IT contracting/consulting.
82GF Score
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