What is Hyliion's cash ratio?

Hyliion (HYLN) reported cash ratio of 2.6× in Q1 2026.

How has Hyliion's cash ratio changed year-over-year?

Hyliion's cash ratio increased by 84.2% year-over-year, from 1.4× to 2.6×.

What is the long-term trend for Hyliion's cash ratio?

Over 5 years (2020 to 2025), Hyliion's cash ratio has grown at a -44.3% compound annual growth rate (CAGR), from 44.5× to 2.4×.

What does cash ratio mean?

Cash and equivalents divided by current liabilities at the quarter end. The most conservative liquidity measure — what the company could pay immediately with cash on hand.

Hyliion HYLN Cash ratio

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Other financials

Income statement

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Revenue$2.8M+479%

Gross profit$210.0K+1,650%

Operating income-$13.2M+32.9%

Net income-$11.7M+32.0%

EPS (diluted)-$0.07+30.0%

Balance sheet

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Cash & equivalents$20.9M+61.0%

Total debt$3.7M-40.1%

Total equity$181.7M-20.3%

Total assets$190.8M-20.8%

Cash flow

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Operating cash flow-$12.7M+9.1%

CapEx$1.9M-74.4%

Free cash flow-$14.6M+31.6%

Valuation

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Market cap$877.37M+269%

Enterprise value$860.16M+273%

P/S150.8×+31.8×

Profitability

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Gross margin6.3%+1.0pp

Operating margin-1,015.1%-414pp

Net margin-888.1%-356pp

FCF margin-1,092.3%-444pp

Returns & leverage

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Return on equity-25.2%+6.1pp

Debt / equity0×0.0×

Current ratio10.1×-3.8×

Where this comes from

Calculated from Hyliion’s reported figures.

cash and equivalents/total current liabilities=2.6×

Based on the most recent quarter.

The official record: Hyliion’s 10-Q, filed May 12, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Hyliion's cash ratio?: Hyliion (HYLN) reported cash ratio of 2.6× in Q1 2026.
How has Hyliion's cash ratio changed year-over-year?: Hyliion's cash ratio increased by 84.2% year-over-year, from 1.4× to 2.6×.
What is the long-term trend for Hyliion's cash ratio?: Over 5 years (2020 to 2025), Hyliion's cash ratio has grown at a -44.3% compound annual growth rate (CAGR), from 44.5× to 2.4×.
What does cash ratio mean?: Cash and equivalents divided by current liabilities at the quarter end. The most conservative liquidity measure — what the company could pay immediately with cash on hand.