Hodl1 (TSE:2345) Current Ratio: 2.16 (As of Apr. 2026) — 49% Below Median

Hodl1  (TSE:2345) 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.

Hodl1 Current Ratio Related Terms

The historical data trend for Hodl1'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.

Hodl1 Current Ratio Chart

Hodl1 Annual Data
	Trend	Mar16	Dec17	Dec18	Oct19	Oct20	Oct21	Oct22	Oct23	Oct24	Oct25
Current Ratio		Get a 7-Day Free Trial					6.92	9.89	1.04	1.02	2.31

Hodl1 Semi-Annual Data
	Mar16	Sep16	Jun17	Dec17	Jun18	Dec18	Jun19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23	Apr24	Oct24	Apr25	Oct25	Apr26
Current Ratio	Get a 7-Day Free Trial															1.02	1.02	10.23	2.31	2.16

TSE:2345 vs UBER, SHOP, CRM: Current Ratio Comparison

For the Software - Application subindustry, Hodl1'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.

Hodl1 Current Ratio vs Software Industry

For the Software industry and Technology sector, Hodl1's Current Ratio distribution charts can be found below:

* The bar in red indicates where Hodl1's Current Ratio falls into.

Hodl1 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.

Hodl1's Current Ratio for the fiscal year that ended in Oct. 2025 is calculated as

Hodl1's Current Ratio for the quarter that ended in Apr. 2026 is calculated as

* 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.

Hodl1 Business Description