First GrapheneASX:FGR +5.26% Current Ratio is 7.56 as of Dec. 2025, which is 239% above its 10-year median of 2.23. The stock has 4 warning signs investors should review. Among 1,614 Chemicals companies, First Graphene ranks better than 93.43% 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. First Graphene's current ratio for the quarter that ended in Dec. 2025 was 7.56.
First Graphene has a current ratio of 7.56. 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 First Graphene's Current Ratio or its related term are showing as below:
ASX:FGR'
s Current Ratio Range Over the Past 10 Years
Min: 0.67 Med: 2.23 Max: 7.56
Current: 7.56
During the past 13 years, First Graphene's highest Current Ratio was 7.56. The lowest was 0.67. And the median was 2.23.
ASX:FGR's Current Ratio is ranked better than 93.43% of 1614
companies
in the Chemicals industry
Industry Median: 1.89
vs ASX:FGR: 7.56
First Graphene (ASX:FGR) 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.
First Graphene Current Ratio Related Terms
First Graphene Current Ratio Historical Data
* Premium members only.
The historical data trend for First Graphene'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 Chemicals subindustry, First Graphene'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.
First Graphene Current Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, First Graphene's Current Ratio distribution charts can be found below:
* The bar in red indicates where First Graphene'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.
First Graphene (ASX:FGR) has a Current Ratio of 7.56 as of Dec. 2025. This is 239% above median its historical median of 2.23. Over the past decade, First Graphene's Current Ratio has ranged from 0.67 to 7.56. According to the industry distribution chart, First Graphene ranks #106 out of 1614 companies in the Chemicals industry, placing it in the top 6.6%.
Is First Graphene's Current Ratio too high?
First Graphene's current Current Ratio of 7.56 is 239% above median its 10-year median of 2.23. Over the past 10 years, this metric has ranged from a low of 0.67 to a high of 7.56. The Chemicals industry median Current Ratio is 1.89. First Graphene's value of 7.56 is 300% above this industry median. Based on the distribution chart, First Graphene ranks #106 out of 1614 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers.
How does First Graphene's Current Ratio compare to DOW?
According to the Chemicals industry distribution chart, First Graphene ranks #106 out of 1614 companies for Current Ratio. This places First Graphene in the top 7% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.89. First Graphene's value of 7.56 is 300% above this benchmark. Historically, First Graphene's own Current Ratio has ranged from 0.67 to 7.56 over the past decade. While the company's 10-year median is 2.23 vs. the industry median of 1.89, First Graphene 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 Chemicals company?
The median Current Ratio among Chemicals companies is 1.89, based on 1,614 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. First Graphene's current Current Ratio of 7.56 is 300% 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 Chemicals industry, the median Current Ratio is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Graphene's current Current Ratio is 7.56, which is 239% above median its own 10-year median of 2.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Graphene stock overvalued right now?
Based on GuruFocus' analysis, First Graphene (ASX:FGR) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.04, compared to a current price of A$0.06 — trading 50% above its estimated fair value. The current Current Ratio is 7.56, which is 239% above median its 10-year median of 2.23 and 300% above the Chemicals industry median of 1.89. 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 First Graphene (ASX:FGR), the current Current Ratio is 7.56 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.
First Graphene Ltd is an advanced materials company. It is the producer of graphene which is exfoliated from high-grade, crystalline Sri Lankan graphite. The company's graphene products are used in Fire retardant coatings, Concrete strengthening, Battery electrode materials, Conductive inks and sensors, Rubber and composite strengthening and Moisture barrier in thermoset composites. Its operating segments includes Graphene production; Research and development; Corporate services and Mining Asset Maintenance. The company generates maximum revenue from the Graphene production segment.
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