Hexaware Technologies (LSE:35PJ) Current Ratio: 1.91 (As of Mar. 2026) — Near Median


What is Hexaware Technologies Current Ratio?

Hexaware Technologies LSE:35PJ 39 Current Ratio is 1.91 as of Mar. 2026, which is 9% below its 10-year median of 2.11. GuruFocus rates LSE:35PJ with a GF Score™ of 39/100. The stock has 1 warning sign investors should review. Among 2,866 Software companies, Hexaware Technologies ranks better than 52.79% 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. Hexaware Technologies's current ratio for the quarter that ended in Mar. 2026 was 1.91.

Hexaware Technologies has a current ratio of 1.91. It generally indicates good short-term financial strength.

The historical rank and industry rank for Hexaware Technologies's Current Ratio or its related term are showing as below:

LSE:35PJ' s Current Ratio Range Over the Past 10 Years
Min: 1.42   Med: 2.11   Max: 4.36
Current: 1.91

During the past 13 years, Hexaware Technologies's highest Current Ratio was 4.36. The lowest was 1.42. And the median was 2.11.

LSE:35PJ's Current Ratio is ranked better than
52.79% of 2866 companies
in the Software industry
Industry Median: 1.815 vs LSE:35PJ: 1.91

Hexaware Technologies  (LSE:35PJ) 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.


Hexaware Technologies Current Ratio Related Terms


Hexaware Technologies Current Ratio Historical Data

* Premium members only.

The historical data trend for Hexaware Technologies'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.

Hexaware Technologies Current Ratio Chart

Hexaware Technologies 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 2.03 1.78 1.95 1.58 1.44

Hexaware Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Dec21 Dec22 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 2.15 1.69 2.13 1.44 1.91

LSE:35PJ vs IBM, ACN, FISV: Current Ratio Comparison

For the Information Technology Services subindustry, Hexaware Technologies'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.


Hexaware Technologies Current Ratio vs Software Industry

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

* The bar in red indicates where Hexaware Technologies's Current Ratio falls into.



Hexaware Technologies 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.

Hexaware Technologies'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 )
=418.796/291.242
=1.44

Hexaware Technologies'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 )
=456.328/238.45
=1.91

* 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 1.91 mean?
Hexaware Technologies (LSE:35PJ) has a Current Ratio of 1.91 as of Mar. 2026. This is near median its historical median of 2.11. Over the past decade, Hexaware Technologies' Current Ratio has ranged from 1.42 to 4.36. According to the industry distribution chart, Hexaware Technologies ranks #1353 out of 2866 companies in the Software industry, placing it in the top 47.2%.
Is Hexaware Technologies' Current Ratio too high?
Hexaware Technologies' current Current Ratio of 1.91 is near median its 10-year median of 2.11. Over the past 10 years, this metric has ranged from a low of 1.42 to a high of 4.36. The Software industry median Current Ratio is 1.82. Hexaware Technologies' value of 1.91 is 5.2% above this industry median. Based on the distribution chart, Hexaware Technologies ranks #1353 out of 2866 companies in the Software industry, which is above the industry midpoint. Overall, Hexaware Technologies has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Hexaware Technologies' Current Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Hexaware Technologies ranks #1353 out of 2866 companies for Current Ratio. This puts Hexaware Technologies in the upper half of its industry. The industry median Current Ratio is 1.82. Hexaware Technologies' value of 1.91 is 5.2% above this benchmark. Historically, Hexaware Technologies' own Current Ratio has ranged from 1.42 to 4.36 over the past decade. While the company's 10-year median is 2.11 vs. the industry median of 1.82, Hexaware Technologies 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 1.82, 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. Hexaware Technologies's current Current Ratio of 1.91 is 5.2% 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 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hexaware Technologies's current Current Ratio is 1.91, which is near median its own 10-year median of 2.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hexaware Technologies stock overvalued right now?
Hexaware Technologies (LSE:35PJ) has a current Current Ratio of 1.91. The current Current Ratio is 1.91, which is near median its 10-year median of 2.11 and 5.2% above the Software industry median of 1.82. Hexaware Technologies' overall GF Score™ is 39/100 with 1 warning sign 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 Hexaware Technologies (LSE:35PJ), the current Current Ratio is 1.91 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.

Hexaware Technologies Business Description

Other Exchanges HEXT:India544362:India
Address Q1, Loma Co-Developers1 Private Limited, 8th floor, 13th Level, Plot no. Gen-4/1, TTC Industrial Area, Ghansoli, Navi Mumbai, IND, 400710
Hexaware Technologies Ltd is a digital and technology services company with artificial intelligence. The segments of the company are based on the industries served: Financial Services, Healthcare and Insurance, Manufacturing and Consumer, Hi-Tech and Professional Services, Banking, and Travel and Transportation. The firm generates key revenue from the Travel and Transportation segment. Geographically, the firm generates the majority of its revenue from the Americas.