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First PhosphateFPHOY +9.57%14 Cash Ratio is 6.50 as of Feb. 2026, which is 198% above its 10-year median of 2.18. GuruFocus rates FPHOY with a GF Score™ of 14/100. The stock has 1 warning sign investors should review. Among 2,569 Metals & Mining companies, First Phosphate ranks better than 74.08% on this metric.
First Phosphate has a Cash Ratio of 6.50. It generally indicates that the company is able to cover all short-term debt and still have cash remaining.
The historical rank and industry rank for First Phosphate's Cash Ratio or its related term are showing as below:
FPHOY'
s Cash Ratio Range Over the Past 10 Years
Min: 1.77 Med: 2.18 Max: 6.5
Current: 6.5
During the past 13 years, First Phosphate's highest Cash Ratio was 6.50. The lowest was 1.77. And the median was 2.18.
FPHOY's Cash Ratio is ranked better than 74.08% of 2569
companies
in the Metals & Mining industry
Industry Median: 1.83
vs FPHOY: 6.50
First Phosphate (OTCPK:FPHOY) Cash Ratio Explanation
The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.
The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.
In general, the higher the cash ratio, the better the company's liquidity position.
First Phosphate Cash Ratio Related Terms
First Phosphate Cash Ratio Historical Data
* Premium members only.
The historical data trend for First Phosphate's Cash Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Other Industrial Metals & Mining subindustry, First Phosphate's Cash Ratio, along with its competitors' market caps and Cash Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
First Phosphate Cash Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, First Phosphate's Cash Ratio distribution charts can be found below:
* The bar in red indicates where First Phosphate's Cash Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
First Phosphate (FPHOY) has a Cash Ratio of 6.50 as of Feb. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on First Phosphate and its competitors. This is 198% above median its historical median of 2.18. Over the past decade, First Phosphate's Cash Ratio has ranged from 1.77 to 6.50. According to the industry distribution chart, First Phosphate ranks #666 out of 2569 companies in the Metals & Mining industry, placing it in the top 25.9%.
Is First Phosphate's Cash Ratio too high?
First Phosphate's current Cash Ratio of 6.50 is 198% above median its 10-year median of 2.18. Over the past 10 years, this metric has ranged from a low of 1.77 to a high of 6.50. The Metals & Mining industry median Cash Ratio is 1.83. First Phosphate's value of 6.50 is 255.2% above this industry median. Based on the distribution chart, First Phosphate ranks #666 out of 2569 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, First Phosphate has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does First Phosphate's Cash Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, First Phosphate ranks #666 out of 2569 companies for Cash Ratio. This puts First Phosphate in the upper half of its industry. The industry median Cash Ratio is 1.83. First Phosphate's value of 6.50 is 255.2% above this benchmark. Historically, First Phosphate's own Cash Ratio has ranged from 1.77 to 6.50 over the past decade. While the company's 10-year median is 2.18 vs. the industry median of 1.83, First Phosphate has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for a Metals & Mining company?
The median Cash Ratio among Metals & Mining companies is 1.83, based on 2,569 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First Phosphate's current Cash Ratio of 6.50 is 255.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on First Phosphate and its competitors. For the Metals & Mining industry, the median Cash Ratio is 1.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Phosphate's current Cash Ratio is 6.50, which is 198% above median its own 10-year median of 2.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Phosphate stock overvalued right now?
First Phosphate (FPHOY) has a current Cash Ratio of 6.50. The current Cash Ratio is 6.50, which is 198% above median its 10-year median of 2.18 and 255.2% above the Metals & Mining industry median of 1.83. First Phosphate's overall GF Score™ is 14/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For First Phosphate (FPHOY), the current Cash Ratio is 6.50 as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
First Phosphate Corp owns and is developing igneous rock phosphate mineral properties in the Saguenay Region of Quebec for the production of phosphoric acid for the production of cathode active material for use in lithium iron phosphate (LPF) batteries for the electric vehicle industry.
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