Path2 Hydrogen AGFRA:PTHH 23 Current Ratio is 0.08 as of Dec. 2025, which is 96% below its 10-year median of 1.93. GuruFocus rates FRA:PTHH with a GF Score™ of 23/100. The stock has 5 warning signs investors should review. Among 507 Utilities - Regulated companies, Path2 Hydrogen AG ranks worse than 99.8% 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. Path2 Hydrogen AG's current ratio for the quarter that ended in Dec. 2025 was 0.08.
Path2 Hydrogen AG has a current ratio of 0.08. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Path2 Hydrogen AG has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.
The historical rank and industry rank for Path2 Hydrogen AG's Current Ratio or its related term are showing as below:
FRA:PTHH'
s Current Ratio Range Over the Past 10 Years
Min: 0.01 Med: 1.93 Max: 217
Current: 0.08
During the past 13 years, Path2 Hydrogen AG's highest Current Ratio was 217.00. The lowest was 0.01. And the median was 1.93.
FRA:PTHH's Current Ratio is ranked worse than 99.8% of 507
companies
in the Utilities - Regulated industry
Industry Median: 1.08
vs FRA:PTHH: 0.08
Path2 Hydrogen AG (FRA:PTHH) 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.
Path2 Hydrogen AG Current Ratio Related Terms
Path2 Hydrogen AG Current Ratio Historical Data
* Premium members only.
The historical data trend for Path2 Hydrogen AG'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.
FRA:PTHH vs ATO, NI, UGI: Current Ratio Comparison
For the Utilities - Regulated Gas subindustry, Path2 Hydrogen AG'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.
Path2 Hydrogen AG Current Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Path2 Hydrogen AG's Current Ratio distribution charts can be found below:
* The bar in red indicates where Path2 Hydrogen AG'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.
Path2 Hydrogen AG (FRA:PTHH) has a Current Ratio of 0.08 as of Dec. 2025. This is 96% below median its historical median of 1.93. Over the past decade, Path2 Hydrogen AG's Current Ratio has ranged from 0.01 to 217.00. According to the industry distribution chart, Path2 Hydrogen AG ranks #506 out of 507 companies in the Utilities - Regulated industry, placing it in the top 99.8%.
Is Path2 Hydrogen AG's Current Ratio too high?
Path2 Hydrogen AG's current Current Ratio of 0.08 is 96% below median its 10-year median of 1.93. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 217.00. The Utilities - Regulated industry median Current Ratio is 1.08. Path2 Hydrogen AG's value of 0.08 is 92.6% below this industry median. Based on the distribution chart, Path2 Hydrogen AG ranks #506 out of 507 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Path2 Hydrogen AG has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Path2 Hydrogen AG's Current Ratio compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Path2 Hydrogen AG ranks #506 out of 507 companies for Current Ratio. This places Path2 Hydrogen AG in the lower half of its industry. The industry median Current Ratio is 1.08. Path2 Hydrogen AG's value of 0.08 is 92.6% below this benchmark. Historically, Path2 Hydrogen AG's own Current Ratio has ranged from 0.01 to 217.00 over the past decade. While the company's 10-year median is 1.93 vs. the industry median of 1.08, 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 Current Ratio for an Utilities - Regulated company?
The median Current Ratio among Utilities - Regulated companies is 1.08, based on 507 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. Path2 Hydrogen AG's current Current Ratio of 0.08 is 92.6% 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Utilities - Regulated industry, the median Current Ratio is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Path2 Hydrogen AG's current Current Ratio is 0.08, which is 96% below median its own 10-year median of 1.93. 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 Current Ratio of 0.08. The current Current Ratio is 0.08, which is 96% below median its 10-year median of 1.93 and 92.6% below the Utilities - Regulated industry median of 1.08. Path2 Hydrogen AG's overall GF Score™ is 23/100 with 5 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 Path2 Hydrogen AG (FRA:PTHH), the current Current Ratio is 0.08 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.
23GF Score
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