H-PowerLSE:HPOW -2.66%36 Quick Ratio is 3.54 as of Apr. 2026, which is 54% below its 10-year median of 7.72. GuruFocus rates LSE:HPOW with a GF Score™ of 36/100. The stock has 4 warning signs investors should review. Among 3,079 Industrial Products companies, H-Power ranks better than 86.91% 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. H-Power's quick ratio for the quarter that ended in Apr. 2026 was 3.54.
H-Power has a quick ratio of 3.54. It generally indicates good short-term financial strength.
The historical rank and industry rank for H-Power's Quick Ratio or its related term are showing as below:
LSE:HPOW'
s Quick Ratio Range Over the Past 10 Years
Min: 2.62 Med: 7.72 Max: 32.46
Current: 3.54
During the past 13 years, H-Power's highest Quick Ratio was 32.46. The lowest was 2.62. And the median was 7.72.
LSE:HPOW's Quick Ratio is ranked better than 86.91% of 3079
companies
in the Industrial Products industry
Industry Median: 1.39
vs LSE:HPOW: 3.54
H-Power (LSE:HPOW) 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.
H-Power Quick Ratio Related Terms
H-Power Quick Ratio Historical Data
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The historical data trend for H-Power'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.
For the Electrical Equipment & Parts subindustry, H-Power'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.
H-Power Quick Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, H-Power's Quick Ratio distribution charts can be found below:
* The bar in red indicates where H-Power's Quick Ratio falls into.
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.
H-Power's Quick Ratio for the fiscal year that ended in Oct. 2025 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.
H-Power (LSE:HPOW) has a Quick Ratio of 3.54 as of Apr. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on H-Power and its competitors. This is 54% below median its historical median of 7.72. Over the past decade, H-Power's Quick Ratio has ranged from 2.62 to 32.46. According to the industry distribution chart, H-Power ranks #403 out of 3079 companies in the Industrial Products industry, placing it in the top 13.1%.
Is H-Power's Quick Ratio too high?
H-Power's current Quick Ratio of 3.54 is 54% below median its 10-year median of 7.72. Over the past 10 years, this metric has ranged from a low of 2.62 to a high of 32.46. The Industrial Products industry median Quick Ratio is 1.39. H-Power's value of 3.54 is 154.7% above this industry median. Based on the distribution chart, H-Power ranks #403 out of 3079 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, H-Power has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does H-Power's Quick Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, H-Power ranks #403 out of 3079 companies for Quick Ratio. This places H-Power in the top 13% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.39. H-Power's value of 3.54 is 154.7% above this benchmark. Historically, H-Power's own Quick Ratio has ranged from 2.62 to 32.46 over the past decade. While the company's 10-year median is 7.72 vs. the industry median of 1.39, H-Power 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 an Industrial Products company?
The median Quick Ratio among Industrial Products companies is 1.39, based on 3,079 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. H-Power's current Quick Ratio of 3.54 is 154.7% 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 H-Power 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. H-Power's current Quick Ratio is 3.54, which is 54% below median its own 10-year median of 7.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is H-Power stock overvalued right now?
H-Power (LSE:HPOW) has a current Quick Ratio of 3.54. The current Quick Ratio is 3.54, which is 54% below median its 10-year median of 7.72 and 154.7% above the Industrial Products industry median of 1.39. H-Power's overall GF Score™ is 36/100 with 4 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 H-Power (LSE:HPOW), the current Quick Ratio is 3.54 as of Apr. 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.
H-Power PLC is a provider of ammonia-based low carbon hydrogen production and hydrogen-to-power solutions. Its products include decentralised ammonia cracker systems and fuel cell generators designed to supply low-carbon hydrogen and power for industrial and off-grid applications. The company focuses on the commercial rollout of its hydrogen and power technologies and the development of modular ammonia cracker systems and fuel cell-based power solutions. Its technologies are intended to provide alternatives to conventional diesel-based power generation systems.
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