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.
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.
Hydaway DigitalTSXV:HIDE +4.17%18 Current Ratio is 8.93 as of Jan. 2026, which is 47% below its 10-year median of 16.95. GuruFocus rates TSXV:HIDE with a GF Score™ of 18/100. Among 2,877 Software companies, Hydaway Digital ranks better than 94.82% 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. Hydaway Digital's current ratio for the quarter that ended in Jan. 2026 was 8.93.
Hydaway Digital has a current ratio of 8.93. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.
The historical rank and industry rank for Hydaway Digital's Current Ratio or its related term are showing as below:
TSXV:HIDE'
s Current Ratio Range Over the Past 10 Years
Min: 8.93 Med: 16.95 Max: 61.4
Current: 8.93
During the past 2 years, Hydaway Digital's highest Current Ratio was 61.40. The lowest was 8.93. And the median was 16.95.
TSXV:HIDE's Current Ratio is ranked better than 94.82% of 2877
companies
in the Software industry
Industry Median: 1.8
vs TSXV:HIDE: 8.93
Hydaway Digital (TSXV:HIDE) 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.
Hydaway Digital Current Ratio Related Terms
Hydaway Digital Current Ratio Historical Data
* Premium members only.
The historical data trend for Hydaway Digital'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.
TSXV:HIDE vs QH, SHOP, UBER: Current Ratio Comparison
For the Software - Application subindustry, Hydaway Digital'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.
Hydaway Digital Current Ratio vs Software Industry
For the Software industry and Technology sector, Hydaway Digital's Current Ratio distribution charts can be found below:
* The bar in red indicates where Hydaway Digital'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.
Hydaway Digital (TSXV:HIDE) has a Current Ratio of 8.93 as of Jan. 2026. This is 47% below median its historical median of 16.95. Over the past decade, Hydaway Digital's Current Ratio has ranged from 8.93 to 61.40. According to the industry distribution chart, Hydaway Digital ranks #149 out of 2877 companies in the Software industry, placing it in the top 5.2%.
Is Hydaway Digital's Current Ratio too high?
Hydaway Digital's current Current Ratio of 8.93 is 47% below median its 10-year median of 16.95. Over the past 10 years, this metric has ranged from a low of 8.93 to a high of 61.40. The Software industry median Current Ratio is 1.80. Hydaway Digital's value of 8.93 is 396.1% above this industry median. Based on the distribution chart, Hydaway Digital ranks #149 out of 2877 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Hydaway Digital has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Hydaway Digital's Current Ratio compare to QH and SHOP?
According to the Software industry distribution chart, Hydaway Digital ranks #149 out of 2877 companies for Current Ratio. This places Hydaway Digital in the top 5% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.80. Hydaway Digital's value of 8.93 is 396.1% above this benchmark. Historically, Hydaway Digital's own Current Ratio has ranged from 8.93 to 61.40 over the past decade. While the company's 10-year median is 16.95 vs. the industry median of 1.80, Hydaway Digital 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 1.80, based on 2,877 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. Hydaway Digital's current Current Ratio of 8.93 is 396.1% 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 1.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hydaway Digital's current Current Ratio is 8.93, which is 47% below median its own 10-year median of 16.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hydaway Digital stock overvalued right now?
Hydaway Digital (TSXV:HIDE) has a current Current Ratio of 8.93. The current Current Ratio is 8.93, which is 47% below median its 10-year median of 16.95 and 396.1% above the Software industry median of 1.80. Hydaway Digital's overall GF Score™ is 18/100. 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 Hydaway Digital (TSXV:HIDE), the current Current Ratio is 8.93 as of Jan. 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.
Address208A 980 West 1st Street, North Vancouver, BC, CAN, V7P 3N4
Hydaway Digital Corp is a computer rendering service provider located in Kelowna, British Columbia. Computer rendering is the process of generating an image or animation using a computer program, often referred to as a rendering engine, which involves using mathematical calculations and algorithms to create digital models or objects, scenes, and environments that can be manipulated and viewed from different angles and perspectives. Lighting, materials, textures and other techniques are used in computer rendering to make the images and animations look realistic and visually appealing.
18GF Score
Get the complete analysis for TSXV:HIDE
Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSXV:HIDE has been successfully added to your 
