HiTech Group Australia Limited

HiTech Group Australia Limitedverified

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

The Current Ratio as of December 2025 (TTM) for HiTech Group Australia Limited (HIT.AX) is 2.64

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.

HiTech Group Australia Limited (HIT.AX) Historical Current Ratio (quarterly & annually)

How has HIT.AX Current Ratio performed in the past?

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.

Quarterly (TTM)
Annual

Average

3.15

Median

2.68

Minimum

1.97

Maximum

5.11

HiTech Group Australia Limited (HIT.AX) Current Ratio by Quarter and Year

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

Quarterly (TTM)
Annual
YearCurrent RatioChange
20252.6433.69%
20241.97-9.68%
20232.18-0.70%
20222.201.20%
20212.17-19.92%
20202.71-41.70%
20194.668.72%
20184.28-16.12%
20175.1141.29%
20163.6122.70%

HiTech Group Australia Limited (HIT.AX) Average Current Ratio

How has HIT.AX Current Ratio performed in the past?

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 (HIT.AX) Current Ratio vs. Peers

How is HIT.AX’s Current Ratio compared to its peers?

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),

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