HIT (Health In Tech) Current Ratio: 2.18 (As of Jun. 2026) — Near Median

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HIT Health In Tech Inc HIT
19 GF Score
Price $1.02
! 2 Warning Signs
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What is Health In Tech Current Ratio?

Health In Tech HIT -0.97% 19 Current Ratio is 2.18 as of Jun. 2026, which is 4% below its 10-year median of 2.26. GuruFocus rates HIT with a GF Score™ of 19/100. The stock has 2 warning signs investors should review. Among 2,876 Software companies, Health In Tech ranks better than 60.22% 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. Health In Tech's current ratio for the quarter that ended in Jun. 2026 was 2.18.

Health In Tech has a current ratio of 2.18. It generally indicates good short-term financial strength.

The historical rank and industry rank for Health In Tech's Current Ratio or its related term are showing as below:

HIT' s Current Ratio Range Over the Past 10 Years
Min: 1.06   Med: 2.26   Max: 5.06
Current: 2.18

During the past 4 years, Health In Tech's highest Current Ratio was 5.06. The lowest was 1.06. And the median was 2.26.

HIT's Current Ratio is ranked better than
60.22% of 2876 companies
in the Software industry
Industry Median: 1.79 vs HIT: 2.18

Health In Tech  (NAS:HIT) 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.


Health In Tech Current Ratio Related Terms


Health In Tech Current Ratio Historical Data

* Premium members only.

The historical data trend for Health In Tech'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.

Health In Tech Current Ratio Chart

Health In Tech Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Current Ratio
1.06 1.43 5.06 3.13

Health In Tech Quarterly Data
Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.76 2.87 3.13 3.13 2.18

HIT vs AEYE, IDN, RSSS: Current Ratio Comparison

For the Software - Application subindustry, Health In Tech'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.


Health In Tech Current Ratio vs Software Industry

For the Software industry and Technology sector, Health In Tech's Current Ratio distribution charts can be found below:

* The bar in red indicates where Health In Tech's Current Ratio falls into.


HIT
19GF Score
Health In Tech Inc HIT
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Health In Tech 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.

Health In Tech'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 )
=16.161/5.157
=3.13

Health In Tech's Current Ratio for the quarter that ended in Jun. 2026 is calculated as

Current Ratio (Q: Jun. 2026 )=Total Current Assets (Q: Jun. 2026 )/Total Current Liabilities (Q: Jun. 2026 )
=21.784/9.989
=2.18

* 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 2.18 mean?
Health In Tech (HIT) has a Current Ratio of 2.18 as of Jun. 2026. This is near median its historical median of 2.26. Over the past decade, Health In Tech's Current Ratio has ranged from 1.06 to 5.06. According to the industry distribution chart, Health In Tech ranks #1144 out of 2876 companies in the Software industry, placing it in the top 39.8%.
Is Health In Tech's Current Ratio too high?
Health In Tech's current Current Ratio of 2.18 is near median its 10-year median of 2.26. Over the past 10 years, this metric has ranged from a low of 1.06 to a high of 5.06. The Software industry median Current Ratio is 1.79. Health In Tech's value of 2.18 is 21.8% above this industry median. Based on the distribution chart, Health In Tech ranks #1144 out of 2876 companies in the Software industry, which is above the industry midpoint. Overall, Health In Tech has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Health In Tech's Current Ratio compare to AEYE and IDN?
According to the Software industry distribution chart, Health In Tech ranks #1144 out of 2876 companies for Current Ratio. This puts Health In Tech in the upper half of its industry. The industry median Current Ratio is 1.79. Health In Tech's value of 2.18 is 21.8% above this benchmark. Historically, Health In Tech's own Current Ratio has ranged from 1.06 to 5.06 over the past decade. While the company's 10-year median is 2.26 vs. the industry median of 1.79, Health In Tech 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 Software company?
The median Current Ratio among Software companies is 1.79, based on 2,876 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. Health In Tech's current Current Ratio of 2.18 is 21.8% 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 Software industry, the median Current Ratio is 1.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Health In Tech's current Current Ratio is 2.18, which is near median its own 10-year median of 2.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Health In Tech stock overvalued right now?
Health In Tech (HIT) has a current Current Ratio of 2.18. The current Current Ratio is 2.18, which is near median its 10-year median of 2.26 and 21.8% above the Software industry median of 1.79. Health In Tech's overall GF Score™ is 19/100 with 2 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 Health In Tech (HIT), the current Current Ratio is 2.18 as of Jun. 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.

Health In Tech Business Description

Address 701 South Colorado Avenue, Suite 1, Stuart, FL, USA, 34994
Health In Tech Inc is an AI-enabled insurance technology platform company that offers a marketplace that improves processes in the healthcare industry through vertical integration, process simplification, and automation. By removing friction and complexities, it streamlines the underwriting, sales, and service process for insurance companies, licensed brokers, Managing General Underwriter (MGUs), and third-party administrators (TPAs). The company's platform serves as a marketplace for brokers, TPAs, MGUs and carriers with self-funded health insurance options for employers. The platform includes functions such as plan customization, stop-loss quoting, underwriting, claims administration, and reporting integration.
19GF Score

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