AGXTF (Argentex Group) Current Ratio: 1.34 (As of Dec. 2024)

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AGXTF Argentex Group PLC AGXTF
16 GF Score
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What is Argentex Group Current Ratio?

Argentex Group AGXTF 16 Current Ratio is 1.34 as of Dec. 2024. GuruFocus rates AGXTF with a GF Score™ of 16/100.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Argentex Group's current ratio for the quarter that ended in Dec. 2024 was 1.34.

Argentex Group has a current ratio of 1.34. It generally indicates good short-term financial strength.

The historical rank and industry rank for Argentex Group's Current Ratio or its related term are showing as below:

AGXTF's Current Ratio is not ranked *
in the Capital Markets industry.
Industry Median: 2.27
* Ranked among companies with meaningful Current Ratio only.

Argentex Group  (OTCPK:AGXTF) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Argentex Group Current Ratio Related Terms


Argentex Group Current Ratio Historical Data

* Premium members only.

The historical data trend for Argentex Group's Current 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.

Argentex Group Current Ratio Chart

Argentex Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Dec23 Dec24
Current Ratio
Get a 7-Day Free Trial 1.30 1.40 1.50 1.56 1.34

Argentex Group Semi-Annual Data
Mar17 Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Jun23 Dec23 Jun24 Dec24
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.18 1.52 1.56 1.56 1.34

AGXTF vs MS, GS, SCHW: Current Ratio Comparison

For the Capital Markets subindustry, Argentex Group's Current Ratio, along with its competitors' market caps and Current 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.


Argentex Group Current Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Argentex Group's Current Ratio distribution charts can be found below:

* The bar in red indicates where Argentex Group's Current Ratio falls into.


AGXTF
16GF Score
Argentex Group PLC AGXTF
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Argentex Group Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Argentex Group's Current Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Current Ratio (A: Dec. 2024 )=Total Current Assets (A: Dec. 2024 )/Total Current Liabilities (A: Dec. 2024 )
=160.177/119.722
=1.34

Argentex Group's Current Ratio for the quarter that ended in Dec. 2024 is calculated as

Current Ratio (Q: Dec. 2024 )=Total Current Assets (Q: Dec. 2024 )/Total Current Liabilities (Q: Dec. 2024 )
=160.177/119.722
=1.34

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 1.34 mean?
Argentex Group (AGXTF) has a Current Ratio of 1.34 as of Dec. 2024.
Is Argentex Group's Current Ratio too high?
Argentex Group's current Current Ratio is 1.34. The Capital Markets industry median Current Ratio is 2.27. Argentex Group's value of 1.34 is 41% below this industry median. Overall, Argentex Group has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Argentex Group's Current Ratio compare to MS and GS?
Argentex Group's Current Ratio of 1.34 can be compared against companies in the Capital Markets industry. The industry median Current Ratio is 2.27. Argentex Group's value of 1.34 is 41% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Capital Markets company?
The median Current Ratio among Capital Markets companies is 2.27, based on 690 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Argentex Group's current Current Ratio of 1.34 is 41% below 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Capital Markets industry, the median Current Ratio is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Argentex Group's current Current Ratio is 1.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argentex Group stock overvalued right now?
Argentex Group (AGXTF) has a current Current Ratio of 1.34. The current Current Ratio is 1.34 and 41% below the Capital Markets industry median of 2.27. Argentex Group's overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Argentex Group (AGXTF), the current Current Ratio is 1.34 as of Dec. 2024. 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.

Argentex Group Business Description

Address 25 Argyll Street, London, GBR, W1F 7TU
Argentex Group PLC is a United Kingdom-based foreign exchange service provider. It operates as a Riskless Principal broker for non-speculative, spot, and forward foreign exchange and structured financial derivative contracts. The company's client base includes institutions and corporations in a range of industries.
16GF Score

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Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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