HIT
Price:
$1.07
Market Cap:
$57.61M
Health In Tech, Inc. operates as a cutting-edge insurance technology provider. The company delivers a range of specialized insurance solutions for smaller enterprises, such as value-based pricing strategies, group insurance captives, localized community health plans, and collective association health programs. Additionally, it offers the enhanced "do it yourself" benefit system (eDIYBS), a cloud-based SaaS platform engineered to efficiently generate health insurance quotes for small to medium-sized businesses. Health In Tech further supports healthcare administration with its "health intelligence" (HI) card, which streamlines the management of medical records and claims. Complementing this i...[Read more]
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 3.13. This represents a change of 5.38% compared to the average of 2.97 of the last 4 quarters.
The mean historical Current Ratio of Health In Tech, Inc. over the last ten years is 2.67. The current 3.13 Current Ratio has changed 11.63% 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
2.67
Median
2.28
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 = -38.07%
Minimum Annual Current Ratio = 1.06
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 3.13 | -38.07% |
| 2024 | 5.06 | 252.75% |
| 2023 | 1.43 | 35.50% |
The current Current Ratio of Health In Tech, Inc. (HIT) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
3.21
5-year avg
2.67
10-year avg
2.67
Health In Tech, Inc.’s Current Ratio is less than Expensify, Inc. (3.48), greater than Viant Technology Inc. (2.87), greater than TROOPS, Inc. (0.92), greater than X3 Holdings Co., Ltd. (0.95), greater than Teads Holding Co. (1.04), greater than Robot Consulting Co., Ltd. ADS (0.53), greater than Silvaco Group, Inc. Common Stock (1.42), greater than Arrive AI Inc. (0.78), greater than Stem, Inc. (0.84), less than CoreCard Corporation (3.70),
| Company | Current Ratio | Market cap |
|---|---|---|
| 3.48 | $121.51M | |
| 2.87 | $728.37M | |
| 0.92 | $304.18M | |
| 0.95 | $575.47K | |
| 1.04 | $127.06M | |
| 0.53 | $172.35M | |
| 1.42 | $397.73M | |
| 0.78 | $15.67M | |
| 0.84 | $65.48M | |
| 3.70 | $183.90M |
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What is the Current Ratio?
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What is the 3-year average Current Ratio for Health In Tech, Inc. (HIT)?
What is the 5-year average Current Ratio for Health In Tech, Inc. (HIT)?
How does the current Current Ratio for Health In Tech, Inc. (HIT) compare to its historical average?