HTCR (HeartCore Enterprises) Quick Ratio: 1.17 (As of Mar. 2026) — Near Median


HTCR HeartCore Enterprises Inc HTCR
49 GF Score
Price $3.23
GF Value $8.64
Valuation Possible Value Trap
! 8 Warning Signs
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What is HeartCore Enterprises Quick Ratio?

HeartCore Enterprises HTCR +9.27% 49 Quick Ratio is 1.17 as of Mar. 2026, which is 7% below its 10-year median of 1.26. GuruFocus rates HTCR with a GF Score™ of 49/100 and a GF Value™ of $8.64 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 2,865 Software companies, HeartCore Enterprises ranks worse than 68.76% 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. HeartCore Enterprises's quick ratio for the quarter that ended in Mar. 2026 was 1.17.

HeartCore Enterprises has a quick ratio of 1.17. It generally indicates good short-term financial strength.

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

HTCR' s Quick Ratio Range Over the Past 10 Years
Min: 0.54   Med: 1.26   Max: 4.35
Current: 1.17

During the past 7 years, HeartCore Enterprises's highest Quick Ratio was 4.35. The lowest was 0.54. And the median was 1.26.

HTCR's Quick Ratio is ranked worse than
68.76% of 2865 companies
in the Software industry
Industry Median: 1.7 vs HTCR: 1.17

HeartCore Enterprises  (NAS:HTCR) 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.


HeartCore Enterprises Quick Ratio Related Terms


HeartCore Enterprises Quick Ratio Historical Data

* Premium members only.

The historical data trend for HeartCore Enterprises'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.

HeartCore Enterprises Quick Ratio Chart

HeartCore Enterprises Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial 1.01 2.34 0.84 1.27 1.58

HeartCore Enterprises Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.91 1.26 1.40 1.58 1.17

HTCR vs ZENVF, MFON, GDLG: Quick Ratio Comparison

For the Software - Application subindustry, HeartCore Enterprises'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.


HeartCore Enterprises Quick Ratio vs Software Industry

For the Software industry and Technology sector, HeartCore Enterprises's Quick Ratio distribution charts can be found below:

* The bar in red indicates where HeartCore Enterprises's Quick Ratio falls into.


HTCR
49GF Score
HeartCore Enterprises Inc HTCR
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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HeartCore Enterprises 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.

HeartCore Enterprises'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
=(8.416-0)/5.33
=1.58

HeartCore Enterprises's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(6.872-0)/5.861
=1.17

* 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 1.17 mean?
HeartCore Enterprises (HTCR) has a Quick Ratio of 1.17 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on HeartCore Enterprises and its competitors. This is near median its historical median of 1.26. Over the past decade, HeartCore Enterprises' Quick Ratio has ranged from 0.54 to 4.35. According to the industry distribution chart, HeartCore Enterprises ranks #1970 out of 2865 companies in the Software industry, placing it in the top 68.8%.
Is HeartCore Enterprises' Quick Ratio too high?
HeartCore Enterprises' current Quick Ratio of 1.17 is near median its 10-year median of 1.26. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 4.35. The Software industry median Quick Ratio is 1.70. HeartCore Enterprises' value of 1.17 is 31.2% below this industry median. Based on the distribution chart, HeartCore Enterprises ranks #1970 out of 2865 companies in the Software industry, which is below the industry midpoint. Overall, HeartCore Enterprises has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HeartCore Enterprises' Quick Ratio compare to ZENVF and MFON?
According to the Software industry distribution chart, HeartCore Enterprises ranks #1970 out of 2865 companies for Quick Ratio. This places HeartCore Enterprises in the lower half of its industry. The industry median Quick Ratio is 1.70. HeartCore Enterprises' value of 1.17 is 31.2% below this benchmark. Historically, HeartCore Enterprises' own Quick Ratio has ranged from 0.54 to 4.35 over the past decade. While the company's 10-year median is 1.26 vs. the industry median of 1.70, HeartCore Enterprises 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 a Software company?
The median Quick Ratio among Software companies is 1.70, based on 2,865 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. HeartCore Enterprises's current Quick Ratio of 1.17 is 31.2% 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 HeartCore Enterprises and its competitors. For the Software industry, the median Quick Ratio is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HeartCore Enterprises's current Quick Ratio is 1.17, which is near median its own 10-year median of 1.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HeartCore Enterprises stock overvalued right now?
Based on GuruFocus' analysis, HeartCore Enterprises (HTCR) is currently considered Possible Value Trap. The stock's GF Value™ is $8.64, compared to a current price of $3.23 — trading 62.6% below its estimated fair value. The current Quick Ratio is 1.17, which is near median its 10-year median of 1.26 and 31.2% below the Software industry median of 1.70. HeartCore Enterprises' overall GF Score™ is 49/100 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 HeartCore Enterprises (HTCR), the current Quick Ratio is 1.17 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.

Is HeartCore Enterprises (HTCR) Overvalued in 2026?

Based on GuruFocus' analysis, HeartCore Enterprises stock appears to be undervalued. The current stock price of $3.23 is trading 62.6% below its estimated GF Value™ of $8.64. GuruFocus considers HeartCore Enterprises to be Possible Value Trap.

Key valuation signals for HTCR:

  • Quick Ratio: 1.17 (near median its 10-year median of 1.26)
  • GF Value™: $8.64 vs. price of $3.23 (62.6% below fair value)
  • GF Score™: 49/100 with 8 warning signs
  • Industry Position: 31.2% below the Software median (#1970 of 2865)

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


HeartCore Enterprises Business Description

Address 1-2 Sakuragaoka-cho, 14th Floor, Shibuya Sakura Stage Central Building, Tokyo, JPN, 150-0031
HeartCore Enterprises Inc is a software development company providing solutions for digital transformation (DX). It develops, sells, and maintains CMS and CXM platforms using digital marketing technology, RPA, process mining solutions, myInvenio and Apromore, task mining solution CONTROLIO, and 3D-VR services including Matterport and VR360. The company also provides management consulting, education, services, and support to help customers succeed with the CXM Platform. It operates through two business units, the CX division for customer experience management and the DX division for digital transformation, which provides robotics process automation, process mining, and task mining. Its products include VR360, myInvenio, Apromore, and others, with maximum revenue from the United States.
49GF Score

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

$3.23
Price
$8.64
GF Value