Elephant Holdings Group (HKSE:08635) Current Ratio: 2.13 (As of Mar. 2026) — 49% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:08635 Elephant Holdings Group Ltd HKSE:08635
58 GF Score
Price HK$0.27
GF Value HK$0.71
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Elephant Holdings Group Current Ratio?

Elephant Holdings Group HKSE:08635 +1.89% 58 Current Ratio is 2.13 as of Mar. 2026, which is 49% below its 10-year median of 4.18. GuruFocus rates HKSE:08635 with a GF Score™ of 58/100 and a GF Value™ of HK$0.71 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,876 Software companies, Elephant Holdings Group ranks better than 58.69% 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. Elephant Holdings Group's current ratio for the quarter that ended in Mar. 2026 was 2.13.

Elephant Holdings Group has a current ratio of 2.13. It generally indicates good short-term financial strength.

The historical rank and industry rank for Elephant Holdings Group's Current Ratio or its related term are showing as below:

HKSE:08635' s Current Ratio Range Over the Past 10 Years
Min: 1.01   Med: 4.18   Max: 16.46
Current: 2.13

During the past 10 years, Elephant Holdings Group's highest Current Ratio was 16.46. The lowest was 1.01. And the median was 4.18.

HKSE:08635's Current Ratio is ranked better than
58.69% of 2876 companies
in the Software industry
Industry Median: 1.79 vs HKSE:08635: 2.13

Elephant Holdings Group  (HKSE:08635) 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.


Elephant Holdings Group Current Ratio Related Terms


Elephant Holdings Group Current Ratio Historical Data

* Premium members only.

The historical data trend for Elephant Holdings 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.

Elephant Holdings Group Current Ratio Chart

Elephant Holdings Group 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 16.46 10.82 6.63 3.43 2.13

Elephant Holdings Group Semi-Annual Data
Mar17 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 6.63 10.15 3.43 2.48 2.13

HKSE:08635 vs QH, SHOP, UBER: Current Ratio Comparison

For the Software - Application subindustry, Elephant Holdings 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.


Elephant Holdings Group Current Ratio vs Software Industry

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

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


HKSE:08635
58GF Score
Elephant Holdings Group Ltd HKSE:08635
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Elephant Holdings 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.

Elephant Holdings Group'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 )
=117.581/55.266
=2.13

Elephant Holdings 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 )
=117.581/55.266
=2.13

* 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 2.13 mean?
Elephant Holdings Group (HKSE:08635) has a Current Ratio of 2.13 as of Mar. 2026. This is 49% below median its historical median of 4.18. Over the past decade, Elephant Holdings Group's Current Ratio has ranged from 1.01 to 16.46. According to the industry distribution chart, Elephant Holdings Group ranks #1188 out of 2876 companies in the Software industry, placing it in the top 41.3%.
Is Elephant Holdings Group's Current Ratio too high?
Elephant Holdings Group's current Current Ratio of 2.13 is 49% below median its 10-year median of 4.18. Over the past 10 years, this metric has ranged from a low of 1.01 to a high of 16.46. The Software industry median Current Ratio is 1.79. Elephant Holdings Group's value of 2.13 is 19% above this industry median. Based on the distribution chart, Elephant Holdings Group ranks #1188 out of 2876 companies in the Software industry, which is above the industry midpoint. Overall, Elephant Holdings Group has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Elephant Holdings Group's Current Ratio compare to QH and SHOP?
According to the Software industry distribution chart, Elephant Holdings Group ranks #1188 out of 2876 companies for Current Ratio. This puts Elephant Holdings Group in the upper half of its industry. The industry median Current Ratio is 1.79. Elephant Holdings Group's value of 2.13 is 19% above this benchmark. Historically, Elephant Holdings Group's own Current Ratio has ranged from 1.01 to 16.46 over the past decade. While the company's 10-year median is 4.18 vs. the industry median of 1.79, Elephant Holdings Group 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. Elephant Holdings Group's current Current Ratio of 2.13 is 19% 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. Elephant Holdings Group's current Current Ratio is 2.13, which is 49% below median its own 10-year median of 4.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elephant Holdings Group stock overvalued right now?
Based on GuruFocus' analysis, Elephant Holdings Group (HKSE:08635) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.71, compared to a current price of HK$0.27 — trading 62% below its estimated fair value. The current Current Ratio is 2.13, which is 49% below median its 10-year median of 4.18 and 19% above the Software industry median of 1.79. Elephant Holdings Group's overall GF Score™ is 58/100 with 4 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 Elephant Holdings Group (HKSE:08635), the current Current Ratio is 2.13 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 Elephant Holdings Group (HKSE:08635) Overvalued in 2026?

Based on GuruFocus' analysis, Elephant Holdings Group stock appears to be undervalued. The current stock price of HK$0.27 is trading 62% below its estimated GF Value™ of HK$0.71. GuruFocus considers Elephant Holdings Group to be Possible Value Trap.

Key valuation signals for HKSE:08635:

  • Current Ratio: 2.13 (49% below median its 10-year median of 4.18)
  • GF Value™: HK$0.71 vs. price of HK$0.27 (62% below fair value)
  • GF Score™: 58/100 with 4 warning signs
  • Industry Position: 19% above the Software median (#1188 of 2876)

No single metric tells the full story. See the HKSE:08635 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Elephant Holdings Group Business Description

Address The Gateway, 25 Canton Road, Suites 703-4, 7th Floor, Tower 2, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Elephant Holdings Group Ltd is a Hong Kong-based financial trading solution provider, principally engaged in the development and provision of financial trading solutions, as well as the development and supply of resource allocation, planning, scheduling, and management software and services. The company mainly provides comprehensive and integrated financial trading solutions that enable the trading of OTC-traded financial instruments, stock exchange-traded financial instruments, and fund management to brokerage firms and wealth management companies. The Group has two reportable operating segments: Financial trading solutions and other IT services, and Bullion trading services, and the majority of its revenue is generated from the Financial trading solutions and other IT services segment.
58GF Score

Get the complete analysis for HKSE:08635

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

HK$0.27
Price
HK$0.71
GF Value