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Hvax TechnologiesNSE:HVAX 18 Current Ratio is 2.44 as of Mar. 2025, which is 105% above its 10-year median of 1.19. GuruFocus rates NSE:HVAX with a GF Score™ of 18/100. The stock has 3 warning signs investors should review. Among 158 Industrial Distribution companies, Hvax Technologies ranks better than 65.82% 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. Hvax Technologies's current ratio for the quarter that ended in Mar. 2025 was 2.44.
Hvax Technologies has a current ratio of 2.44. It generally indicates good short-term financial strength.
The historical rank and industry rank for Hvax Technologies's Current Ratio or its related term are showing as below:
NSE:HVAX'
s Current Ratio Range Over the Past 10 Years
Min: 1.07 Med: 1.19 Max: 2.44
Current: 2.44
During the past 5 years, Hvax Technologies's highest Current Ratio was 2.44. The lowest was 1.07. And the median was 1.19.
NSE:HVAX's Current Ratio is ranked better than 65.82% of 158
companies
in the Industrial Distribution industry
Industry Median: 1.98
vs NSE:HVAX: 2.44
Hvax Technologies (NSE:HVAX) 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.
Hvax Technologies Current Ratio Related Terms
Hvax Technologies Current Ratio Historical Data
* Premium members only.
The historical data trend for Hvax 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.
Hvax Technologies Current Ratio Chart
Hvax Technologies Annual Data
Trend
Mar21
Mar22
Mar23
Mar24
Mar25
Current Ratio
1.07
1.17
1.19
1.82
2.44
Hvax Technologies Semi-Annual Data
Mar21
Mar22
Mar23
Mar24
Mar25
Current Ratio
1.07
1.17
1.19
1.82
2.44
NSE:HVAX vs GWW, FAST, FERG: Current Ratio Comparison
For the Industrial Distribution subindustry, Hvax 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.
Hvax Technologies Current Ratio vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Hvax Technologies's Current Ratio distribution charts can be found below:
* The bar in red indicates where Hvax Technologies's Current Ratio falls into.
* 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.
Hvax Technologies (NSE:HVAX) has a Current Ratio of 2.44 as of Mar. 2025. This is 105% above median its historical median of 1.19. Over the past decade, Hvax Technologies' Current Ratio has ranged from 1.07 to 2.44. According to the industry distribution chart, Hvax Technologies ranks #54 out of 158 companies in the Industrial Distribution industry, placing it in the top 34.2%.
Is Hvax Technologies' Current Ratio too high?
Hvax Technologies' current Current Ratio of 2.44 is 105% above median its 10-year median of 1.19. Over the past 10 years, this metric has ranged from a low of 1.07 to a high of 2.44. The Industrial Distribution industry median Current Ratio is 1.98. Hvax Technologies' value of 2.44 is 23.2% above this industry median. Based on the distribution chart, Hvax Technologies ranks #54 out of 158 companies in the Industrial Distribution industry, which is above the industry midpoint. Overall, Hvax Technologies has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Hvax Technologies' Current Ratio compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Hvax Technologies ranks #54 out of 158 companies for Current Ratio. This puts Hvax Technologies in the upper half of its industry. The industry median Current Ratio is 1.98. Hvax Technologies' value of 2.44 is 23.2% above this benchmark. Historically, Hvax Technologies' own Current Ratio has ranged from 1.07 to 2.44 over the past decade. While the company's 10-year median is 1.19 vs. the industry median of 1.98, Hvax 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 an Industrial Distribution company?
The median Current Ratio among Industrial Distribution companies is 1.98, based on 158 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. Hvax Technologies's current Current Ratio of 2.44 is 23.2% 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 Industrial Distribution industry, the median Current Ratio is 1.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hvax Technologies's current Current Ratio is 2.44, which is 105% above median its own 10-year median of 1.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hvax Technologies stock overvalued right now?
Hvax Technologies (NSE:HVAX) has a current Current Ratio of 2.44. The current Current Ratio is 2.44, which is 105% above median its 10-year median of 1.19 and 23.2% above the Industrial Distribution industry median of 1.98. Hvax Technologies' overall GF Score™ is 18/100 with 3 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 Hvax Technologies (NSE:HVAX), the current Current Ratio is 2.44 as of Mar. 2025. 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.
Hvax Technologies Ltd is engaged in the business of turnkey projects on engineering, procurement, and execution of controlled environment infrastructure and cleanrooms; design, engineering, and consultancy services for pharma and healthcare companies. As a part of turnkey projects, the company supplies the following third-party manufactured products: Cleanroom wall panels, Cleanroom ceiling panels, Covings, riser panels, cleanroom doors, flooring systems, pass boxes, air showers, LT/HT electrical panels, pre-fabricated galvanized iron (GI) ducts, air handling units, chillers, Building Management Systems (BMS) Equipment, and Utility generation and distribution equipment.
18GF Score
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