Aqua MetalsAQMS -3.51%25 Current Ratio is 3.07 as of Mar. 2026, which is 10% above its 10-year median of 2.80. GuruFocus rates AQMS with a GF Score™ of 25/100. The stock has 3 warning signs investors should review. Among 248 Waste Management companies, Aqua Metals ranks better than 78.63% on this metric.
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. Aqua Metals's current ratio for the quarter that ended in Mar. 2026 was 3.07.
Aqua Metals has a current ratio of 3.07. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.
The historical rank and industry rank for Aqua Metals's Current Ratio or its related term are showing as below:
AQMS'
s Current Ratio Range Over the Past 10 Years
Min: 0.31 Med: 2.8 Max: 7.89
Current: 3.07
During the past 12 years, Aqua Metals's highest Current Ratio was 7.89. The lowest was 0.31. And the median was 2.80.
AQMS's Current Ratio is ranked better than 78.63% of 248
companies
in the Waste Management industry
Industry Median: 1.55
vs AQMS: 3.07
Aqua Metals (NAS:AQMS) 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.
Aqua Metals Current Ratio Related Terms
Aqua Metals Current Ratio Historical Data
* Premium members only.
The historical data trend for Aqua Metals'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.
For the Waste Management subindustry, Aqua Metals'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.
Aqua Metals Current Ratio vs Waste Management Industry
For the Waste Management industry and Industrials sector, Aqua Metals's Current Ratio distribution charts can be found below:
* The bar in red indicates where Aqua Metals's Current 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.
Aqua Metals (AQMS) has a Current Ratio of 3.07 as of Mar. 2026. This is 10% above median its historical median of 2.80. Over the past decade, Aqua Metals' Current Ratio has ranged from 0.31 to 7.89. According to the industry distribution chart, Aqua Metals ranks #53 out of 248 companies in the Waste Management industry, placing it in the top 21.4%.
Is Aqua Metals' Current Ratio too high?
Aqua Metals' current Current Ratio of 3.07 is 10% above median its 10-year median of 2.80. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 7.89. The Waste Management industry median Current Ratio is 1.55. Aqua Metals' value of 3.07 is 98.1% above this industry median. Based on the distribution chart, Aqua Metals ranks #53 out of 248 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Aqua Metals has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Aqua Metals' Current Ratio compare to AWX and OCLN?
According to the Waste Management industry distribution chart, Aqua Metals ranks #53 out of 248 companies for Current Ratio. This places Aqua Metals in the top 21% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.55. Aqua Metals' value of 3.07 is 98.1% above this benchmark. Historically, Aqua Metals' own Current Ratio has ranged from 0.31 to 7.89 over the past decade. While the company's 10-year median is 2.80 vs. the industry median of 1.55, Aqua Metals 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 Current Ratio for a Waste Management company?
The median Current Ratio among Waste Management companies is 1.55, based on 248 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. Aqua Metals's current Current Ratio of 3.07 is 98.1% 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Waste Management industry, the median Current Ratio is 1.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aqua Metals's current Current Ratio is 3.07, which is 10% above median its own 10-year median of 2.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aqua Metals stock overvalued right now?
Aqua Metals (AQMS) has a current Current Ratio of 3.07. The current Current Ratio is 3.07, which is 10% above median its 10-year median of 2.80 and 98.1% above the Waste Management industry median of 1.55. Aqua Metals' overall GF Score™ is 25/100 with 3 warning signs to review. 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 Aqua Metals (AQMS), the current Current Ratio is 3.07 as of Mar. 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.
Aqua Metals Inc is developing and seeking to commercialize proprietary recycling and refining technologies for the recovery of critical minerals and metals. Its patented and patent-pending AquaRefining process is an electro-hydrometallurgical method designed to recover high-purity materials from battery and other metal-bearing feedstocks using a closed-loop system powered by electricity. Its idea is to reduce CAPEX and OPEX costs, reduce emissions, hazardous waste, and reliance on conventional smelting and chemical-intensive refining processes. It has one operating segment: sustainable metals recycling. It focused on the development and commercialization of AquaRefining technology for the clean and efficient recovery of valuable metals from lead-acid and lithium-ion batteries.
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