VNET Group (HAM:217A) Current Ratio: 0.99 (As of Mar. 2026) — 16% Below Median


HAM:217A VNET Group Inc HAM:217A
54 GF Score
Price €6.98
GF Value €3.77
! 8 Warning Signs
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What is VNET Group Current Ratio?

VNET Group HAM:217A -9.35% 54 Current Ratio is 0.99 as of Mar. 2026, which is 16% below its 10-year median of 1.18. GuruFocus rates HAM:217A with a GF Score™ of 54/100 and a GF Value™ of €3.77. The stock has 8 warning signs investors should review. Among 2,866 Software companies, VNET Group ranks worse than 80.15% 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. VNET Group's current ratio for the quarter that ended in Mar. 2026 was 0.99.

VNET Group has a current ratio of 0.99. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If VNET Group 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 VNET Group's Current Ratio or its related term are showing as below:

HAM:217A' s Current Ratio Range Over the Past 10 Years
Min: 0.67   Med: 1.18   Max: 2.41
Current: 0.99

During the past 13 years, VNET Group's highest Current Ratio was 2.41. The lowest was 0.67. And the median was 1.18.

HAM:217A's Current Ratio is ranked worse than
80.15% of 2866 companies
in the Software industry
Industry Median: 1.815 vs HAM:217A: 0.99

VNET Group  (HAM:217A) 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.


VNET Group Current Ratio Related Terms


VNET Group Current Ratio Historical Data

* Premium members only.

The historical data trend for VNET Group'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.

VNET Group Current Ratio Chart

VNET Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.03 1.11 0.86 0.73 0.92

VNET Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.10 0.97 0.90 0.92 0.99

HAM:217A vs INOD, KD, BBAI: Current Ratio Comparison

For the Information Technology Services subindustry, VNET Group'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.


VNET Group Current Ratio vs Software Industry

For the Software industry and Technology sector, VNET Group's Current Ratio distribution charts can be found below:

* The bar in red indicates where VNET Group's Current Ratio falls into.


HAM:217A
54GF Score
VNET Group Inc HAM:217A
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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VNET Group Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

VNET Group's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=1388.558/1509.246
=0.92

VNET Group's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=1818.577/1839.358
=0.99

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 0.99 mean?
VNET Group (HAM:217A) has a Current Ratio of 0.99 as of Mar. 2026. This is 16% below median its historical median of 1.18. Over the past decade, VNET Group's Current Ratio has ranged from 0.67 to 2.41. According to the industry distribution chart, VNET Group ranks #2297 out of 2866 companies in the Software industry, placing it in the top 80.1%.
Is VNET Group's Current Ratio too high?
VNET Group's current Current Ratio of 0.99 is 16% below median its 10-year median of 1.18. Over the past 10 years, this metric has ranged from a low of 0.67 to a high of 2.41. The Software industry median Current Ratio is 1.82. VNET Group's value of 0.99 is 45.5% below this industry median. Based on the distribution chart, VNET Group ranks #2297 out of 2866 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, VNET Group has a GF Score™ of 54/100, reflecting its overall financial health beyond just this single metric.
How does VNET Group's Current Ratio compare to INOD and KD?
According to the Software industry distribution chart, VNET Group ranks #2297 out of 2866 companies for Current Ratio. This places VNET Group in the lower half of its industry. The industry median Current Ratio is 1.82. VNET Group's value of 0.99 is 45.5% below this benchmark. Historically, VNET Group's own Current Ratio has ranged from 0.67 to 2.41 over the past decade. While the company's 10-year median is 1.18 vs. the industry median of 1.82, VNET Group 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 a Software company?
The median Current Ratio among Software companies is 1.82, based on 2,866 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. VNET Group's current Current Ratio of 0.99 is 45.5% 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 Software industry, the median Current Ratio is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VNET Group's current Current Ratio is 0.99, which is 16% below median its own 10-year median of 1.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VNET Group stock overvalued right now?
VNET Group (HAM:217A) has a current Current Ratio of 0.99. The stock's GF Value™ is €3.77, compared to a current price of €6.98 — trading 85.1% above its estimated fair value. The current Current Ratio is 0.99, which is 16% below median its 10-year median of 1.18 and 45.5% below the Software industry median of 1.82. VNET Group's overall GF Score™ is 54/100 with 8 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 VNET Group (HAM:217A), the current Current Ratio is 0.99 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.

Is VNET Group (HAM:217A) Overvalued in 2026?

Based on GuruFocus' analysis, VNET Group stock appears to be overvalued. The current stock price of €6.98 is trading 85.1% above its estimated GF Value™ of €3.77.

Key valuation signals for HAM:217A:

  • Current Ratio: 0.99 (16% below median its 10-year median of 1.18)
  • GF Value™: €3.77 vs. price of €6.98 (85.1% above fair value)
  • GF Score™: 54/100 with 8 warning signs
  • Industry Position: 45.5% below the Software median (#2297 of 2866)

No single metric tells the full story. See the HAM:217A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


VNET Group Business Description

Other Exchanges VNET:USA217A:Germany
Address No. 10 Jiuxianqiao East Road, Guanjie Building Southeast 1st Floor, Chaoyang District, Beijing, CHN, 100016
VNET started as AsiaCloud in 1999 and moved into the data center business, opening its first self-developed data center in 2010. The firm listed (as 21Vianet) on the Nasdaq in April 2011, subsequently changing its name to VNET Group in 2021. It originally focused on providing data center services such as colocation and cloud services to retail clients in China, but added hyperscale customers in 2019 and now counts large Chinese hyperscalers such as Alibaba Cloud, Tencent Cloud, and Huawei Cloud as customers. At the end of December 2025, it had 49,863 retail cabinets, with the majority in Beijing, Shanghai, and the Greater Bay area. It also had 889 MW of wholesale capacity in service, with a further 452 MW under construction and a further 840 MW held for future development.
54GF Score

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Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€6.98
Price
€3.77
GF Value