In order to reduce damages due to cavitation effects and to improve performance of fluid machinery, supercavitation around the cascade and the hydraulic characteristics of supercavitating cascade must be analyzed accurately. And the study on the effects of cavitation on fluid machinery and analysis on the performances of supercavitating hydrofoil through various elements governing flow field are critically important. In this study comparison of experiment results with the computed results of linear theory using singularity method was obtainable. Specially singularity points like sources and vortexes on hydrofoil and freestreamline were distributed to analyze two dimensional flow field of supercavitating cascade, and governing equations of flow field were derived and hydraulic characteristics of cascade were calculated by numerical analysis of the governing equations.