EvoNext HoldingsELVAF -2.65%54 Current Ratio is 8.31 as of Dec. 2025, which is 95% above its 10-year median of 4.27. GuruFocus rates ELVAF with a GF Score™ of 54/100 and a GF Value™ of $1.28 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 497 Diversified Financial Services companies, EvoNext Holdings ranks better than 67.81% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. EvoNext Holdings's current ratio for the quarter that ended in Dec. 2025 was 8.31.
EvoNext Holdings has a current ratio of 8.31. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.
The historical rank and industry rank for EvoNext Holdings's Current Ratio or its related term are showing as below:
ELVAF'
s Current Ratio Range Over the Past 10 Years
Min: 1.61 Med: 4.27 Max: 10
Current: 8.31
During the past 13 years, EvoNext Holdings's highest Current Ratio was 10.00. The lowest was 1.61. And the median was 4.27.
ELVAF's Current Ratio is ranked better than 67.81% of 497
companies
in the Diversified Financial Services industry
Industry Median: 3.1
vs ELVAF: 8.31
EvoNext Holdings (OTCPK:ELVAF) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
EvoNext Holdings Current Ratio Related Terms
EvoNext Holdings Current Ratio Historical Data
* Premium members only.
The historical data trend for EvoNext Holdings's Current 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.
ELVAF vs XXI, DMII, BCSS: Current Ratio Comparison
For the Shell Companies subindustry, EvoNext Holdings's Current Ratio, along with its competitors' market caps and Current 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.
EvoNext Holdings Current Ratio vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, EvoNext Holdings's Current Ratio distribution charts can be found below:
* The bar in red indicates where EvoNext Holdings's Current 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.
EvoNext Holdings (ELVAF) has a Current Ratio of 8.31 as of Dec. 2025. This is 95% above median its historical median of 4.27. Over the past decade, EvoNext Holdings' Current Ratio has ranged from 1.61 to 10.00. According to the industry distribution chart, EvoNext Holdings ranks #160 out of 497 companies in the Diversified Financial Services industry, placing it in the top 32.2%.
Is EvoNext Holdings' Current Ratio too high?
EvoNext Holdings' current Current Ratio of 8.31 is 95% above median its 10-year median of 4.27. Over the past 10 years, this metric has ranged from a low of 1.61 to a high of 10.00. The Diversified Financial Services industry median Current Ratio is 3.10. EvoNext Holdings' value of 8.31 is 168.1% above this industry median. Based on the distribution chart, EvoNext Holdings ranks #160 out of 497 companies in the Diversified Financial Services industry, which is above the industry midpoint. Overall, EvoNext Holdings has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does EvoNext Holdings' Current Ratio compare to XXI and DMII?
According to the Diversified Financial Services industry distribution chart, EvoNext Holdings ranks #160 out of 497 companies for Current Ratio. This puts EvoNext Holdings in the upper half of its industry. The industry median Current Ratio is 3.10. EvoNext Holdings' value of 8.31 is 168.1% above this benchmark. Historically, EvoNext Holdings' own Current Ratio has ranged from 1.61 to 10.00 over the past decade. While the company's 10-year median is 4.27 vs. the industry median of 3.10, EvoNext Holdings 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 Current Ratio for a Diversified Financial Services company?
The median Current Ratio among Diversified Financial Services companies is 3.10, based on 497 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. EvoNext Holdings's current Current Ratio of 8.31 is 168.1% 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Diversified Financial Services industry, the median Current Ratio is 3.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EvoNext Holdings's current Current Ratio is 8.31, which is 95% above median its own 10-year median of 4.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EvoNext Holdings stock overvalued right now?
Based on GuruFocus' analysis, EvoNext Holdings (ELVAF) is currently considered Modestly Undervalued. The stock's GF Value™ is $1.28, compared to a current price of $1.10 — trading 14.1% below its estimated fair value. The current Current Ratio is 8.31, which is 95% above median its 10-year median of 4.27 and 168.1% above the Diversified Financial Services industry median of 3.10. EvoNext Holdings' overall GF Score™ is 54/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For EvoNext Holdings (ELVAF), the current Current Ratio is 8.31 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 EvoNext Holdings (ELVAF) Overvalued in 2026?
Based on GuruFocus' analysis, EvoNext Holdings stock appears to be undervalued.
The current stock price of $1.10 is trading 14.1% below its estimated GF Value™ of $1.28.
GuruFocus considers EvoNext Holdings to be Modestly Undervalued.
Key valuation signals for ELVAF:
Current Ratio: 8.31 (95% above median its 10-year median of 4.27)
GF Value™: $1.28 vs. price of $1.10 (14.1% below fair value)
Industry Position: 168.1% above the Diversified Financial Services median (#160 of 497)
No single metric tells the full story. See the ELVAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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