GoFintech Quantum Innovation (HKSE:00290) Current Ratio: 1.96 (As of Mar. 2026) — 11% Above Median

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HKSE:00290 GoFintech Quantum Innovation Ltd HKSE:00290
41 GF Score
Price HK$1.66
! 5 Warning Signs
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What is GoFintech Quantum Innovation Current Ratio?

GoFintech Quantum Innovation HKSE:00290 +4.09% 41 Current Ratio is 1.96 as of Mar. 2026, which is 11% above its 10-year median of 1.77. GuruFocus rates HKSE:00290 with a GF Score™ of 41/100. The stock has 5 warning signs investors should review. Among 481 Diversified Financial Services companies, GoFintech Quantum Innovation ranks worse than 55.72% 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. GoFintech Quantum Innovation's current ratio for the quarter that ended in Mar. 2026 was 1.96.

GoFintech Quantum Innovation has a current ratio of 1.96. It generally indicates good short-term financial strength.

The historical rank and industry rank for GoFintech Quantum Innovation's Current Ratio or its related term are showing as below:

HKSE:00290' s Current Ratio Range Over the Past 10 Years
Min: 1.24   Med: 1.77   Max: 3.39
Current: 1.96

During the past 13 years, GoFintech Quantum Innovation's highest Current Ratio was 3.39. The lowest was 1.24. And the median was 1.77.

HKSE:00290's Current Ratio is ranked worse than
55.72% of 481 companies
in the Diversified Financial Services industry
Industry Median: 2.81 vs HKSE:00290: 1.96

GoFintech Quantum Innovation  (HKSE:00290) 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.


GoFintech Quantum Innovation Current Ratio Related Terms


GoFintech Quantum Innovation Current Ratio Historical Data

* Premium members only.

The historical data trend for GoFintech Quantum Innovation'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.

GoFintech Quantum Innovation Current Ratio Chart

GoFintech Quantum Innovation Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.53 2.08 2.97 1.24 1.96

GoFintech Quantum Innovation Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 2.97 3.32 1.24 1.01 1.96

HKSE:00290 vs FRHC, VOYA: Current Ratio Comparison

For the Financial Conglomerates subindustry, GoFintech Quantum Innovation'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.


GoFintech Quantum Innovation Current Ratio vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, GoFintech Quantum Innovation's Current Ratio distribution charts can be found below:

* The bar in red indicates where GoFintech Quantum Innovation's Current Ratio falls into.


HKSE:00290
41GF Score
GoFintech Quantum Innovation Ltd HKSE:00290
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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GoFintech Quantum Innovation 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.

GoFintech Quantum Innovation's Current Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Current Ratio (A: Mar. 2026 )=Total Current Assets (A: Mar. 2026 )/Total Current Liabilities (A: Mar. 2026 )
=4255.834/2169.807
=1.96

GoFintech Quantum Innovation'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 )
=4255.834/2169.807
=1.96

* 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 1.96 mean?
GoFintech Quantum Innovation (HKSE:00290) has a Current Ratio of 1.96 as of Mar. 2026. This is 11% above median its historical median of 1.77. Over the past decade, GoFintech Quantum Innovation's Current Ratio has ranged from 1.24 to 3.39. According to the industry distribution chart, GoFintech Quantum Innovation ranks #268 out of 481 companies in the Diversified Financial Services industry, placing it in the top 55.7%.
Is GoFintech Quantum Innovation's Current Ratio too high?
GoFintech Quantum Innovation's current Current Ratio of 1.96 is 11% above median its 10-year median of 1.77. Over the past 10 years, this metric has ranged from a low of 1.24 to a high of 3.39. The Diversified Financial Services industry median Current Ratio is 2.81. GoFintech Quantum Innovation's value of 1.96 is 30.2% below this industry median. Based on the distribution chart, GoFintech Quantum Innovation ranks #268 out of 481 companies in the Diversified Financial Services industry, which is below the industry midpoint. Overall, GoFintech Quantum Innovation has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.
How does GoFintech Quantum Innovation's Current Ratio compare to FRHC and VOYA?
According to the Diversified Financial Services industry distribution chart, GoFintech Quantum Innovation ranks #268 out of 481 companies for Current Ratio. This places GoFintech Quantum Innovation in the lower half of its industry. The industry median Current Ratio is 2.81. GoFintech Quantum Innovation's value of 1.96 is 30.2% below this benchmark. Historically, GoFintech Quantum Innovation's own Current Ratio has ranged from 1.24 to 3.39 over the past decade. While the company's 10-year median is 1.77 vs. the industry median of 2.81, GoFintech Quantum Innovation 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 Diversified Financial Services company?
The median Current Ratio among Diversified Financial Services companies is 2.81, based on 481 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. GoFintech Quantum Innovation's current Current Ratio of 1.96 is 30.2% 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 Diversified Financial Services industry, the median Current Ratio is 2.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GoFintech Quantum Innovation's current Current Ratio is 1.96, which is 11% above median its own 10-year median of 1.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GoFintech Quantum Innovation stock overvalued right now?
GoFintech Quantum Innovation (HKSE:00290) has a current Current Ratio of 1.96. The current Current Ratio is 1.96, which is 11% above median its 10-year median of 1.77 and 30.2% below the Diversified Financial Services industry median of 2.81. GoFintech Quantum Innovation's overall GF Score™ is 41/100 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 GoFintech Quantum Innovation (HKSE:00290), the current Current Ratio is 1.96 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.

GoFintech Quantum Innovation Business Description

Address 183 Queen’s Road Central, 41st Floor COSCO Tower, Room 4102-06, Hong Kong, HKG
GoFintech Quantum Innovation Ltd Formerly GoFintech Innovation Ltd is a cross-border financial service platform based in Hong Kong backed by the Greater Bay Area. The company's reportable and operating segments are; Securities brokerage and margin financing, Corporate finance, Money lending, Consultancy and Insurance brokerage, Asset management, and Equity investment. It generates maximum revenue from the Securities brokerage and margin financing segment which engages in securities brokerage and margin financing in Hong Kong. Geographically, the company derives a majority of its revenue from Hong Kong and the rest from the People's Republic of China.
41GF Score

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HK$1.66
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