E79 Gold Mines (ASX:E79) Current Ratio: 10.47 (As of Dec. 2025) — Near Median


What is E79 Gold Mines Current Ratio?

E79 Gold Mines ASX:E79 +13.64% Current Ratio is 10.47 as of Dec. 2025, which is 5% below its 10-year median of 11.01. The stock has 1 warning sign investors should review. Among 2,637 Metals & Mining companies, E79 Gold Mines ranks better than 79.37% 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. E79 Gold Mines's current ratio for the quarter that ended in Dec. 2025 was 10.47.

E79 Gold Mines has a current ratio of 10.47. 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 E79 Gold Mines's Current Ratio or its related term are showing as below:

ASX:E79' s Current Ratio Range Over the Past 10 Years
Min: 5.43   Med: 11.01   Max: 781.92
Current: 10.47

During the past 4 years, E79 Gold Mines's highest Current Ratio was 781.92. The lowest was 5.43. And the median was 11.01.

ASX:E79's Current Ratio is ranked better than
79.37% of 2637 companies
in the Metals & Mining industry
Industry Median: 2.64 vs ASX:E79: 10.47

E79 Gold Mines  (ASX:E79) 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.


E79 Gold Mines Current Ratio Related Terms


E79 Gold Mines Current Ratio Historical Data

* Premium members only.

The historical data trend for E79 Gold Mines'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.

E79 Gold Mines Current Ratio Chart

E79 Gold Mines Annual Data
Trend Jun22 Jun23 Jun24 Jun25
Current Ratio
18.59 6.05 11.28 7.61

E79 Gold Mines Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.43 11.28 10.74 7.61 10.47

ASX:E79 vs NEM, AU: Current Ratio Comparison

For the Gold subindustry, E79 Gold Mines'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.


E79 Gold Mines Current Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, E79 Gold Mines's Current Ratio distribution charts can be found below:

* The bar in red indicates where E79 Gold Mines's Current Ratio falls into.



E79 Gold Mines 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.

E79 Gold Mines's Current Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Current Ratio (A: Jun. 2025 )=Total Current Assets (A: Jun. 2025 )/Total Current Liabilities (A: Jun. 2025 )
=2.292/0.301
=7.61

E79 Gold Mines's Current Ratio for the quarter that ended in Dec. 2025 is calculated as

Current Ratio (Q: Dec. 2025 )=Total Current Assets (Q: Dec. 2025 )/Total Current Liabilities (Q: Dec. 2025 )
=3.885/0.371
=10.47

* 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 10.47 mean?
E79 Gold Mines (ASX:E79) has a Current Ratio of 10.47 as of Dec. 2025. This is near median its historical median of 11.01. Over the past decade, E79 Gold Mines' Current Ratio has ranged from 5.43 to 781.92. According to the industry distribution chart, E79 Gold Mines ranks #544 out of 2637 companies in the Metals & Mining industry, placing it in the top 20.6%.
Is E79 Gold Mines' Current Ratio too high?
E79 Gold Mines' current Current Ratio of 10.47 is near median its 10-year median of 11.01. Over the past 10 years, this metric has ranged from a low of 5.43 to a high of 781.92. The Metals & Mining industry median Current Ratio is 2.64. E79 Gold Mines' value of 10.47 is 296.6% above this industry median. Based on the distribution chart, E79 Gold Mines ranks #544 out of 2637 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does E79 Gold Mines' Current Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, E79 Gold Mines ranks #544 out of 2637 companies for Current Ratio. This places E79 Gold Mines in the top 21% of its industry — outperforming the majority of peers. The industry median Current Ratio is 2.64. E79 Gold Mines' value of 10.47 is 296.6% above this benchmark. Historically, E79 Gold Mines' own Current Ratio has ranged from 5.43 to 781.92 over the past decade. While the company's 10-year median is 11.01 vs. the industry median of 2.64, E79 Gold Mines 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 Metals & Mining company?
The median Current Ratio among Metals & Mining companies is 2.64, based on 2,637 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. E79 Gold Mines's current Current Ratio of 10.47 is 296.6% 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 Metals & Mining industry, the median Current Ratio is 2.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. E79 Gold Mines's current Current Ratio is 10.47, which is near median its own 10-year median of 11.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is E79 Gold Mines stock overvalued right now?
E79 Gold Mines (ASX:E79) has a current Current Ratio of 10.47. The current Current Ratio is 10.47, which is near median its 10-year median of 11.01 and 296.6% above the Metals & Mining industry median of 2.64. 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 E79 Gold Mines (ASX:E79), the current Current Ratio is 10.47 as of Dec. 2025. 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.

E79 Gold Mines Business Description

Address 168 Stirling Highway, First Floor, Nedlands, WA, AUS, 6009
E79 Gold Mines Ltd is an Australian gold and copper mineral exploration company. Its projects are Laverton South, Jungar Flats, and Mountain Home. The company generates revenue from Interest and Other income.