Enapter AG (HAM:H2O) Quick Ratio: 0.55 (As of Dec. 2025) — 54% Below Median


HAM:H2O Enapter AG HAM:H2O
55 GF Score
Price €1.20
GF Value €3.64
Valuation Possible Value Trap
! 8 Warning Signs
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What is Enapter AG Quick Ratio?

Enapter AG HAM:H2O +0.42% 55 Quick Ratio is 0.55 as of Dec. 2025, which is 54% below its 10-year median of 1.19. GuruFocus rates HAM:H2O with a GF Score™ of 55/100 and a GF Value™ of €3.64 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 3,071 Industrial Products companies, Enapter AG ranks worse than 92.02% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Enapter AG's quick ratio for the quarter that ended in Dec. 2025 was 0.55.

Enapter AG has a quick ratio of 0.55. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Enapter AG's Quick Ratio or its related term are showing as below:

HAM:H2O' s Quick Ratio Range Over the Past 10 Years
Min: 0.48   Med: 1.19   Max: 2.53
Current: 0.55

During the past 10 years, Enapter AG's highest Quick Ratio was 2.53. The lowest was 0.48. And the median was 1.19.

HAM:H2O's Quick Ratio is ranked worse than
92.02% of 3071 companies
in the Industrial Products industry
Industry Median: 1.39 vs HAM:H2O: 0.55

Enapter AG  (HAM:H2O) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Enapter AG Quick Ratio Related Terms


Enapter AG Quick Ratio Historical Data

* Premium members only.

The historical data trend for Enapter AG's Quick 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.

Enapter AG Quick Ratio Chart

Enapter AG Annual Data
Trend Dec07 Dec08 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.53 1.19 2.32 1.19 0.55

Enapter AG Semi-Annual Data
Jun09 Jun11 Jan17 Jul17 Jan18 Jul18 Jan19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Quick 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 2.32 2.15 1.19 0.61 0.55

HAM:H2O vs GEV, ETN, PH: Quick Ratio Comparison

For the Specialty Industrial Machinery subindustry, Enapter AG's Quick Ratio, along with its competitors' market caps and Quick 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.


Enapter AG Quick Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Enapter AG's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Enapter AG's Quick Ratio falls into.


HAM:H2O
55GF Score
Enapter AG HAM:H2O
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Enapter AG Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

Enapter AG's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(36.746-6.929)/53.792
=0.55

Enapter AG's Quick Ratio for the quarter that ended in Dec. 2025 is calculated as

Quick Ratio (Q: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(36.746-6.929)/53.792
=0.55

* 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 Quick Ratio →
What does a Quick Ratio of 0.55 mean?
Enapter AG (HAM:H2O) has a Quick Ratio of 0.55 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Enapter AG and its competitors. This is 54% below median its historical median of 1.19. Over the past decade, Enapter AG's Quick Ratio has ranged from 0.48 to 2.53. According to the industry distribution chart, Enapter AG ranks #2826 out of 3071 companies in the Industrial Products industry, placing it in the top 92%.
Is Enapter AG's Quick Ratio too high?
Enapter AG's current Quick Ratio of 0.55 is 54% below median its 10-year median of 1.19. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 2.53. The Industrial Products industry median Quick Ratio is 1.39. Enapter AG's value of 0.55 is 60.4% below this industry median. Based on the distribution chart, Enapter AG ranks #2826 out of 3071 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Enapter AG has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Enapter AG's Quick Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Enapter AG ranks #2826 out of 3071 companies for Quick Ratio. This places Enapter AG in the lower half of its industry. The industry median Quick Ratio is 1.39. Enapter AG's value of 0.55 is 60.4% below this benchmark. Historically, Enapter AG's own Quick Ratio has ranged from 0.48 to 2.53 over the past decade. While the company's 10-year median is 1.19 vs. the industry median of 1.39, Enapter AG has consistently been below 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 Quick Ratio for an Industrial Products company?
The median Quick Ratio among Industrial Products companies is 1.39, based on 3,071 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Enapter AG's current Quick Ratio of 0.55 is 60.4% below 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Enapter AG and its competitors. For the Industrial Products industry, the median Quick Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Enapter AG's current Quick Ratio is 0.55, which is 54% below 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 Enapter AG stock overvalued right now?
Based on GuruFocus' analysis, Enapter AG (HAM:H2O) is currently considered Possible Value Trap. The stock's GF Value™ is €3.64, compared to a current price of €1.20 — trading 67.2% below its estimated fair value. The current Quick Ratio is 0.55, which is 54% below median its 10-year median of 1.19 and 60.4% below the Industrial Products industry median of 1.39. Enapter AG's overall GF Score™ is 55/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Enapter AG (HAM:H2O), the current Quick Ratio is 0.55 as of Dec. 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.

Is Enapter AG (HAM:H2O) Overvalued in 2026?

Based on GuruFocus' analysis, Enapter AG stock appears to be undervalued. The current stock price of €1.20 is trading 67.2% below its estimated GF Value™ of €3.64. GuruFocus considers Enapter AG to be Possible Value Trap.

Key valuation signals for HAM:H2O:

  • Quick Ratio: 0.55 (54% below median its 10-year median of 1.19)
  • GF Value™: €3.64 vs. price of €1.20 (67.2% below fair value)
  • GF Score™: 55/100 with 8 warning signs
  • Industry Position: 60.4% below the Industrial Products median (#2826 of 3071)

No single metric tells the full story. See the HAM:H2O stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Enapter AG Business Description

Other Exchanges H2O:Germany
Address Reinhardtstr. 35, Berlin, BB, DEU, 10117
Enapter AG is engaged in research and development in the field of hydrogen systems with a focus on electrolysis, project management in Renewable Energy Systems and Smart-Grid Technology, software development for Smart Grid, Smart Energy and Industry 4.0 and Internet of Things (IoT), and manufacturing and production, design, planning, trading and resale of electrolysers and similar products and related software and control systems. Specifically, the Enapter Group develops and manufactures patented electrolysers based on Anion Exchange Membrane (AEM) technology. the Group had only one reportable segment which is the design and production of hydrogen generators based on patented anion exchange membrane electrolysis (AEM electrolysis) and pursues.
55GF Score

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

€1.20
Price
€3.64
GF Value