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Hon Hai Precision Industry CoHNHAY 88 Cash Ratio is 0.57 as of Mar. 2026, which is 3% below its 10-year median of 0.59. GuruFocus rates HNHAY with a GF Score™ of 88/100. The stock has 2 warning signs investors should review. Among 2,479 Hardware companies, Hon Hai Precision Industry Co ranks worse than 52.48% on this metric.
Hon Hai Precision Industry Co has a Cash Ratio of 0.57. 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 Hon Hai Precision Industry Co's Cash Ratio or its related term are showing as below:
HNHAY'
s Cash Ratio Range Over the Past 10 Years
Min: 0.32 Med: 0.59 Max: 0.76
Current: 0.57
During the past 13 years, Hon Hai Precision Industry Co's highest Cash Ratio was 0.76. The lowest was 0.32. And the median was 0.59.
HNHAY's Cash Ratio is ranked worse than 52.48% of 2479
companies
in the Hardware industry
Industry Median: 0.62
vs HNHAY: 0.57
Hon Hai Precision Industry Co (OTCPK:HNHAY) 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.
Hon Hai Precision Industry Co Cash Ratio Related Terms
Hon Hai Precision Industry Co Cash Ratio Historical Data
* 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 Electronic Components subindustry, Hon Hai Precision Industry 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.
Hon Hai Precision Industry Co Cash Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Hon Hai Precision Industry Co's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Hon Hai Precision Industry 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.
Hon Hai Precision Industry Co (HNHAY) has a Cash Ratio of 0.57 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Hon Hai Precision Industry Co and its competitors. This is near median its historical median of 0.59. Over the past decade, Hon Hai Precision Industry Co's Cash Ratio has ranged from 0.32 to 0.76. According to the industry distribution chart, Hon Hai Precision Industry Co ranks #1301 out of 2479 companies in the Hardware industry, placing it in the top 52.5%.
Is Hon Hai Precision Industry Co's Cash Ratio too high?
Hon Hai Precision Industry Co's current Cash Ratio of 0.57 is near median its 10-year median of 0.59. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 0.76. The Hardware industry median Cash Ratio is 0.62. Hon Hai Precision Industry Co's value of 0.57 is 8.1% below this industry median. Based on the distribution chart, Hon Hai Precision Industry Co ranks #1301 out of 2479 companies in the Hardware industry, which is below the industry midpoint. Overall, Hon Hai Precision Industry Co has a GF Score™ of 88/100, reflecting its overall financial health beyond just this single metric.
How does Hon Hai Precision Industry Co's Cash Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Hon Hai Precision Industry Co ranks #1301 out of 2479 companies for Cash Ratio. This places Hon Hai Precision Industry Co in the lower half of its industry. The industry median Cash Ratio is 0.62. Hon Hai Precision Industry Co's value of 0.57 is 8.1% below this benchmark. Historically, Hon Hai Precision Industry Co's own Cash Ratio has ranged from 0.32 to 0.76 over the past decade. While the company's 10-year median is 0.59 vs. the industry median of 0.62, Hon Hai Precision Industry 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 a Hardware company?
The median Cash Ratio among Hardware companies is 0.62, based on 2,479 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. Hon Hai Precision Industry Co's current Cash Ratio of 0.57 is 8.1% 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 Hon Hai Precision Industry Co and its competitors. For the Hardware industry, the median Cash Ratio is 0.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hon Hai Precision Industry Co's current Cash Ratio is 0.57, which is near median its own 10-year median of 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hon Hai Precision Industry Co stock overvalued right now?
Hon Hai Precision Industry Co (HNHAY) has a current Cash Ratio of 0.57. The current Cash Ratio is 0.57, which is near median its 10-year median of 0.59 and 8.1% below the Hardware industry median of 0.62. Hon Hai Precision Industry Co's overall GF Score™ is 88/100 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 Hon Hai Precision Industry Co (HNHAY), the current Cash Ratio is 0.57 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.
Hon Hai Precision is the world's largest contract manufacturer of consumer electronics, communications, and computer products. It is the biggest supplier to Apple, whose business accounted for around 50% of overall revenue in 2025. Hon Hai is also involved in the production of upstream components such as electronic connectors, semiconductor packaging, and metal casings for smartphones, as well as producing servers. These upstream activities are mainly conducted through its listed majority-owned subsidiaries Foxconn Industrial Internet and FIH Mobile. In response to its traditional end markets of computers, smartphones, and telecom equipment maturing in 2019 it started on a strategy to develop expertise in three new growth areas—electric vehicles, digital health, and robotics.
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