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Path2 Hydrogen AGFRA:PTHH 22 Cash Ratio is 0.04 as of Dec. 2025, which is 93% below its 10-year median of 0.54. GuruFocus rates FRA:PTHH with a GF Score™ of 22/100. The stock has 5 warning signs investors should review. Among 487 Utilities - Regulated companies, Path2 Hydrogen AG ranks worse than 90.76% on this metric.
Path2 Hydrogen AG has a Cash Ratio of 0.04. 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 Path2 Hydrogen AG's Cash Ratio or its related term are showing as below:
FRA:PTHH'
s Cash Ratio Range Over the Past 10 Years
Min: 0.01 Med: 0.54 Max: 216
Current: 0.04
During the past 13 years, Path2 Hydrogen AG's highest Cash Ratio was 216.00. The lowest was 0.01. And the median was 0.54.
FRA:PTHH's Cash Ratio is ranked worse than 90.76% of 487
companies
in the Utilities - Regulated industry
Industry Median: 0.35
vs FRA:PTHH: 0.04
Path2 Hydrogen AG (FRA:PTHH) 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.
Path2 Hydrogen AG Cash Ratio Related Terms
Path2 Hydrogen AG Cash Ratio Historical Data
* Premium members only.
The historical data trend for Path2 Hydrogen AG'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 Utilities - Regulated Gas subindustry, Path2 Hydrogen AG'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.
Path2 Hydrogen AG Cash Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Path2 Hydrogen AG's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Path2 Hydrogen AG'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.
Path2 Hydrogen AG (FRA:PTHH) has a Cash Ratio of 0.04 as of Dec. 2025. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Path2 Hydrogen AG and its competitors. This is 93% below median its historical median of 0.54. Over the past decade, Path2 Hydrogen AG's Cash Ratio has ranged from 0.01 to 216.00. According to the industry distribution chart, Path2 Hydrogen AG ranks #442 out of 487 companies in the Utilities - Regulated industry, placing it in the top 90.8%.
Is Path2 Hydrogen AG's Cash Ratio too high?
Path2 Hydrogen AG's current Cash Ratio of 0.04 is 93% below median its 10-year median of 0.54. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 216.00. The Utilities - Regulated industry median Cash Ratio is 0.35. Path2 Hydrogen AG's value of 0.04 is 88.6% below this industry median. Based on the distribution chart, Path2 Hydrogen AG ranks #442 out of 487 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Path2 Hydrogen AG has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Path2 Hydrogen AG's Cash Ratio compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Path2 Hydrogen AG ranks #442 out of 487 companies for Cash Ratio. This places Path2 Hydrogen AG in the lower half of its industry. The industry median Cash Ratio is 0.35. Path2 Hydrogen AG's value of 0.04 is 88.6% below this benchmark. Historically, Path2 Hydrogen AG's own Cash Ratio has ranged from 0.01 to 216.00 over the past decade. While the company's 10-year median is 0.54 vs. the industry median of 0.35, Path2 Hydrogen AG 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 Utilities - Regulated company?
The median Cash Ratio among Utilities - Regulated companies is 0.35, based on 487 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. Path2 Hydrogen AG's current Cash Ratio of 0.04 is 88.6% 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 Path2 Hydrogen AG and its competitors. For the Utilities - Regulated industry, the median Cash Ratio is 0.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Path2 Hydrogen AG's current Cash Ratio is 0.04, which is 93% below median its own 10-year median of 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Path2 Hydrogen AG stock overvalued right now?
Path2 Hydrogen AG (FRA:PTHH) has a current Cash Ratio of 0.04. The current Cash Ratio is 0.04, which is 93% below median its 10-year median of 0.54 and 88.6% below the Utilities - Regulated industry median of 0.35. Path2 Hydrogen AG's overall GF Score™ is 22/100 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 Path2 Hydrogen AG (FRA:PTHH), the current Cash Ratio is 0.04 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.
Path2 Hydrogen AG is focused on advancing the hydrogen infrastructure economy. It involves in liquefaction, transfer and storage of hydrogen and equipment.
22GF Score
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