HLIO has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
HLIO has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
The Cash Ratio measures a company’s ability to meet its short-term obligations with cash and near-cash resources. It is calculated as a company's Cash, Cash Equivalents, Marketable Securities divides by its Total Current Liabilities. Helios Technologies's Cash Ratio for the quarter that ended in Dec. 2024 was 0.32.
Helios Technologies has a Cash Ratio of 0.32. 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 Helios Technologies's Cash Ratio or its related term are showing as below:
During the past 13 years, Helios Technologies's highest Cash Ratio was 10.79. The lowest was 0.17. And the median was 0.29.
The historical data trend for Helios Technologies'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.
Helios Technologies Annual Data | |||||||||||||||||||||
Trend | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | |||||||||||
Cash Ratio | Get a 7-Day Free Trial |
![]() |
![]() |
0.20 | 0.17 | 0.29 | 0.22 | 0.32 |
Helios Technologies Quarterly Data | ||||||||||||||||||||
Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | Dec24 | |
Cash Ratio | Get a 7-Day Free Trial |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
0.22 | 0.26 | 0.31 | 0.35 | 0.32 |
For the Specialty Industrial Machinery subindustry, Helios Technologies'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.
For the Industrial Products industry and Industrials sector, Helios Technologies's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Helios Technologies's Cash Ratio falls into.
The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.
Helios Technologies's Cash Ratio for the fiscal year that ended in Dec. 2024 is calculated as:
Cash Ratio (A: Dec. 2024 ) | = | Cash, Cash Equivalents, Marketable Securities | / | Total Current Liabilities |
= | 44.1 | / | 138.6 | |
= | 0.32 |
Helios Technologies's Cash Ratio for the quarter that ended in Dec. 2024 is calculated as:
Cash Ratio (Q: Dec. 2024 ) | = | Cash, Cash Equivalents, Marketable Securities | / | Total Current Liabilities |
= | 44.1 | / | 138.6 | |
= | 0.32 |
* 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.
Helios Technologies (NYSE:HLIO) 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.
Thank you for viewing the detailed overview of Helios Technologies's Cash Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Matteo Arduini | officer: Officer | 7456 16TH STREET EAST, SARASOTA FL 34243 |
Diana Sacchi | director | 2227 WELBILT BLVD, NEW PORT RICHEY FL 34655 |
Sean Bagan | officer: Chief Financial Officer | C/O HELIOS TECHNOLOGIES, INC., 7456 16TH STREET EAST, SARASOTA FL 34243 |
Philippe Lemaitre | director | 7456 16TH STREET EAST, SARASOTA FL 34243 |
Frederick Joseph Martich | officer: Pres. of Hydraulics, Americas | C/O HELIOS TECHNOLOGIES, INC., 7456 16TH ST E, SARASOTA FL 34243 |
Lee Francis Wichlacz | officer: President, Electronics | C/O HELIOS TECHNOLOGIES, INC., 7456 16TH ST E, SARASOTA FL 34243 |
Marc A Greenberg | officer: General Counsel and Secretary | 7456 16TH STREET EAST, SARASOTA FL 34243 |
Melanie M Nealis | officer: Chief Legal & Compliance Offic | 7456 16TH STREET EAST, SARASOTA FL 34243 |
Marc Bertoneche | director | 7456 16TH STREET EAST, SARASOTA FL 33316 |
Tricia L Fulton | officer: Chief Financial Officer | 7456 16TH STREET EAST, SARASOTA FL 34243 |
Jason Lemar Morgan | officer: President, CVT | 1500 WEST UNIVERSITY PKWY, SARASOTA FL 34243 |
Josef Matosevic | officer: President and CEO | 1500 WEST UNIVERSITY PARKWAY, SARASOTA FL 34243 |
Cary Chenanda | director | 7456 16TH STREET EAST, SARASOTA FL 34243 |
Gregory C Yadley | director | 101 E. KENNEDY BLVD., SUITE 2800, TAMPA FL 33602 |
Alexander Schuetz | director | 7456 16TH STREET EAST, SARASOTA FL 34243 |
From GuruFocus
By Business Wire • 10-15-2024
By Business Wire • 01-06-2025
By Business Wire • 02-10-2025
By GuruFocus News • 11-07-2024
By GuruFocus News • 02-15-2025
By Business Wire • 11-25-2024
By GuruFocus News • 01-08-2025
By GuruFocus News • 01-21-2025
By Business Wire • 11-05-2024
By GuruFocus News • 01-10-2025
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.