HIT
Price:
$1.27
Market Cap:
$72.27M
Health In Tech, Inc. operates as an insurance technology platform company. The company offers reference-based pricing, group insurance captives, community health plans, and association health programs for small businesses; and enhance do it yourself benefit system (eDIYBS), a web-based SaaS quoting platform to quote health insurance for small to medium sized employers. It also provides health intelligence (HI) card to streamline the management of medical records and claims; and HI performance network, which offers a series of hospital facilities, as well as delivers medicare-based reimbursement pricing. Health In Tech, Inc. was founded in 2014 and is headquartered in Stuart, Florida.
Industry
Software - Application
IPO Date
2024-12-23
Stock Exchange
NASDAQ
Ticker
HIT
According to Health In Tech, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.87. This represents a change of -11.58% compared to the average of 3.25 of the last 4 quarters.
The mean historical Current Ratio of Health In Tech, Inc. over the last ten years is 2.52. The current 2.87 Current Ratio has changed 11.31% with respect to the historical average. Over the past ten years (40 quarters), HIT's Current Ratio was at its highest in in the December 2024 quarter at 5.06. The Current Ratio was at its lowest in in the March 2023 quarter at 0.
Average
2.52
Median
1.43
Minimum
1.06
Maximum
5.06
Discovering the peaks and valleys of Health In Tech, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 252.75%
Maximum Annual Current Ratio = 5.06
Minimum Annual Increase = 0%
Minimum Annual Current Ratio = 1.06
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 5.06 | 252.75% |
| 2023 | 1.43 | 35.50% |
The current Current Ratio of Health In Tech, Inc. (HIT) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
2.52
5-year avg
2.52
10-year avg
2.52
Health In Tech, Inc.’s Current Ratio is less than Expensify, Inc. (3.44), greater than Viant Technology Inc. (2.62), less than TROOPS, Inc. (3.30), greater than X3 Holdings Co Ltd. (0.95), greater than Teads Holding Co. (1.10), greater than Robot Consulting Co., Ltd. ADS (0.53), greater than Silvaco Group, Inc. Common Stock (1.27), greater than Arrive AI Inc. (1.85), greater than Stem, Inc. (0.83), less than CoreCard Corporation (3.70),
| Company | Current Ratio | Market cap |
|---|---|---|
| 3.44 | $150.61M | |
| 2.62 | $182.62M | |
| 3.30 | $161.77M | |
| 0.95 | $158.48M | |
| 1.10 | $59.03M | |
| 0.53 | $172.35M | |
| 1.27 | $136.34M | |
| 1.85 | $129.26M | |
| 0.83 | $156.65M | |
| 3.70 | $183.90M |
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How does the current Current Ratio for Health In Tech, Inc. (HIT) compare to its historical average?