Hitit Bilgisayar Hizmetleri AS has a quick ratio of 2.64. It generally indicates good short-term financial strength.
The historical rank and industry rank for Hitit Bilgisayar Hizmetleri AS's Quick Ratio or its related term are showing as below:
IST:HTTBT'
s Quick Ratio Range Over the Past 10 Years
Min: 1.62 Med: 2.76 Max: 6.69
Current: 2.64
During the past 8 years, Hitit Bilgisayar Hizmetleri AS's highest Quick Ratio was 6.69. The lowest was 1.62. And the median was 2.76.
IST:HTTBT's Quick Ratio is ranked better than 70.12% of 2865
companies
in the Software industry
Industry Median: 1.7
vs IST:HTTBT: 2.64
Hitit Bilgisayar Hizmetleri AS (IST:HTTBT) 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.
Hitit Bilgisayar Hizmetleri AS Quick Ratio Related Terms
Hitit Bilgisayar Hizmetleri AS Quick Ratio Historical Data
* 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.
IST:HTTBT vs CRM, SHOP, UBER: Quick Ratio Comparison
For the Software - Application subindustry, Hitit Bilgisayar Hizmetleri AS'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.
Hitit Bilgisayar Hizmetleri AS Quick Ratio vs Software Industry
For the Software industry and Technology sector, Hitit Bilgisayar Hizmetleri AS's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Hitit Bilgisayar Hizmetleri AS's Quick Ratio falls into.
Hitit Bilgisayar Hizmetleri AS 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.
* 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.
Hitit Bilgisayar Hizmetleri AS (IST:HTTBT) has a Quick Ratio of 2.64 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Hitit Bilgisayar Hizmetleri AS and its competitors. This is near median its historical median of 2.76. Over the past decade, Hitit Bilgisayar Hizmetleri AS's Quick Ratio has ranged from 1.62 to 6.69. According to the industry distribution chart, Hitit Bilgisayar Hizmetleri AS ranks #856 out of 2865 companies in the Software industry, placing it in the top 29.9%.
Is Hitit Bilgisayar Hizmetleri AS's Quick Ratio too high?
Hitit Bilgisayar Hizmetleri AS's current Quick Ratio of 2.64 is near median its 10-year median of 2.76. Over the past 10 years, this metric has ranged from a low of 1.62 to a high of 6.69. The Software industry median Quick Ratio is 1.70. Hitit Bilgisayar Hizmetleri AS's value of 2.64 is 55.3% above this industry median. Based on the distribution chart, Hitit Bilgisayar Hizmetleri AS ranks #856 out of 2865 companies in the Software industry, which is above the industry midpoint. Overall, Hitit Bilgisayar Hizmetleri AS has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hitit Bilgisayar Hizmetleri AS's Quick Ratio compare to CRM and SHOP?
According to the Software industry distribution chart, Hitit Bilgisayar Hizmetleri AS ranks #856 out of 2865 companies for Quick Ratio. This puts Hitit Bilgisayar Hizmetleri AS in the upper half of its industry. The industry median Quick Ratio is 1.70. Hitit Bilgisayar Hizmetleri AS's value of 2.64 is 55.3% above this benchmark. Historically, Hitit Bilgisayar Hizmetleri AS's own Quick Ratio has ranged from 1.62 to 6.69 over the past decade. While the company's 10-year median is 2.76 vs. the industry median of 1.70, Hitit Bilgisayar Hizmetleri AS 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 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. Hitit Bilgisayar Hizmetleri AS's current Quick Ratio of 2.64 is 55.3% 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 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 Hitit Bilgisayar Hizmetleri AS 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. Hitit Bilgisayar Hizmetleri AS's current Quick Ratio is 2.64, which is near median its own 10-year median of 2.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hitit Bilgisayar Hizmetleri AS stock overvalued right now?
Based on GuruFocus' analysis, Hitit Bilgisayar Hizmetleri AS (IST:HTTBT) is currently considered Significantly Undervalued. The stock's GF Value™ is ₺83.18, compared to a current price of ₺40.10 — trading 51.8% below its estimated fair value. The current Quick Ratio is 2.64, which is near median its 10-year median of 2.76 and 55.3% above the Software industry median of 1.70. Hitit Bilgisayar Hizmetleri AS's overall GF Score™ is 85/100 with 3 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 Hitit Bilgisayar Hizmetleri AS (IST:HTTBT), the current Quick Ratio is 2.64 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 Hitit Bilgisayar Hizmetleri AS (IST:HTTBT) Overvalued in 2026?
Based on GuruFocus' analysis, Hitit Bilgisayar Hizmetleri AS stock appears to be undervalued.
The current stock price of ₺40.10 is trading 51.8% below its estimated GF Value™ of ₺83.18.
GuruFocus considers Hitit Bilgisayar Hizmetleri AS to be Significantly Undervalued.
Key valuation signals for IST:HTTBT:
Quick Ratio: 2.64 (near median its 10-year median of 2.76)
GF Value™: ₺83.18 vs. price of ₺40.10 (51.8% below fair value)
Industry Position: 55.3% above the Software median (#856 of 2865)
No single metric tells the full story. See the IST:HTTBT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hitit Bilgisayar Hizmetleri AS Business Description
Hitit Bilgisayar Hizmetleri AS develops software solutions for airlines, travel companies and airports, carry operations to provide these as a service, to host and to sell. The company operates in a single reporting unit that develop software solutions for the travel industry, especially for airlines, tour operators and airports, providing them as a service, additional development, maintenance and operating activities.
85GF Score
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