HIT.AX
Price:
$1.61
Market Cap:
$68.10M
HiTech Group Australia Limited provides recruitment services for permanent and contract staff to the information and communications technology (ICT) industry in public and private sectors in Australia. Its ICT contracting services include the provision of ICT professionals for temporary and other non-permanent staffing needs of clients for specific projects. The company also offers personnel services to other sectors, such as office administration, sales and marketing, and finance; and digital services to government departments to initiate and complete digital transformation projects. It serves telco, finance, healthcare, consulting, IT, and FMCG industries, as well as federal and state gove...[Read more]
Industry
Staffing & Employment Services
IPO Date
2000-04-17
Stock Exchange
ASX
Ticker
HIT.AX
According to HiTech Group Australia Limited’s latest financial reports and current stock price. The company's current Current Ratio is 2.64. This represents a change of 9.69% compared to the average of 2.40 of the last 4 quarters.
The mean historical Current Ratio of HiTech Group Australia Limited over the last ten years is 3.15. The current 2.64 Current Ratio has changed 8.26% with respect to the historical average. Over the past ten years (40 quarters), HIT.AX's Current Ratio was at its highest in in the December 2012 quarter at 11.59. The Current Ratio was at its lowest in in the December 2005 quarter at 0.
Average
3.15
Median
2.68
Minimum
1.97
Maximum
5.11
Discovering the peaks and valleys of HiTech Group Australia Limited 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 = 41.29%
Maximum Annual Current Ratio = 5.11
Minimum Annual Increase = -41.70%
Minimum Annual Current Ratio = 1.97
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 2.64 | 33.69% |
| 2024 | 1.97 | -9.68% |
| 2023 | 2.18 | -0.70% |
| 2022 | 2.20 | 1.20% |
| 2021 | 2.17 | -19.92% |
| 2020 | 2.71 | -41.70% |
| 2019 | 4.66 | 8.72% |
| 2018 | 4.28 | -16.12% |
| 2017 | 5.11 | 41.29% |
| 2016 | 3.61 | 22.70% |
The current Current Ratio of HiTech Group Australia Limited (HIT.AX) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
2.27
5-year avg
2.23
10-year avg
3.15
HiTech Group Australia Limited’s Current Ratio is less than Adrad Holdings Limited (3.74), greater than Coventry Group Ltd (1.15), greater than Peoplein Limited (1.56), greater than LaserBond Limited (2.60), greater than Boom Logistics Limited (1.16), less than Ignite Limited (2.73), greater than Ashley Services Group Limited (1.06), greater than The Environmental Group Limited (1.45), greater than Matrix Composites & Engineering Ltd (2.38), greater than Aquirian Limited (1.49),
| Company | Current Ratio | Market cap |
|---|---|---|
| 3.74 | $81.32M | |
| 1.15 | $67.89M | |
| 1.56 | $89.68M | |
| 2.60 | $73.96M | |
| 1.16 | $68.18M | |
| 2.73 | $14.12M | |
| 1.06 | $29.52M | |
| 1.45 | $87.51M | |
| 2.38 | $54.81M | |
| 1.49 | $40.03M |
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