Megado MineralsASX:MEG +6.25% Current Ratio is 17.83 as of Dec. 2025, which is 11% above its 10-year median of 16.05. The stock has 1 warning sign investors should review. Among 2,637 Metals & Mining companies, Megado Minerals ranks better than 87.07% 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. Megado Minerals's current ratio for the quarter that ended in Dec. 2025 was 17.83.
Megado Minerals has a current ratio of 17.83. 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 Megado Minerals's Current Ratio or its related term are showing as below:
ASX:MEG'
s Current Ratio Range Over the Past 10 Years
Min: 3.78 Med: 16.05 Max: 36.31
Current: 17.83
During the past 6 years, Megado Minerals's highest Current Ratio was 36.31. The lowest was 3.78. And the median was 16.05.
ASX:MEG's Current Ratio is ranked better than 87.07% of 2637
companies
in the Metals & Mining industry
Industry Median: 2.64
vs ASX:MEG: 17.83
Megado Minerals (ASX:MEG) 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.
Megado Minerals Current Ratio Related Terms
Megado Minerals Current Ratio Historical Data
* Premium members only.
The historical data trend for Megado Minerals'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.
Megado Minerals Current Ratio Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Megado Minerals'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.
Megado Minerals Current Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Megado Minerals's Current Ratio distribution charts can be found below:
* The bar in red indicates where Megado Minerals'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.
Megado Minerals (ASX:MEG) has a Current Ratio of 17.83 as of Dec. 2025. This is 11% above median its historical median of 16.05. Over the past decade, Megado Minerals' Current Ratio has ranged from 3.78 to 36.31. According to the industry distribution chart, Megado Minerals ranks #341 out of 2637 companies in the Metals & Mining industry, placing it in the top 12.9%.
Is Megado Minerals' Current Ratio too high?
Megado Minerals' current Current Ratio of 17.83 is 11% above median its 10-year median of 16.05. Over the past 10 years, this metric has ranged from a low of 3.78 to a high of 36.31. The Metals & Mining industry median Current Ratio is 2.64. Megado Minerals' value of 17.83 is 575.4% above this industry median. Based on the distribution chart, Megado Minerals ranks #341 out of 2637 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does Megado Minerals' Current Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Megado Minerals ranks #341 out of 2637 companies for Current Ratio. This places Megado Minerals in the top 13% of its industry — outperforming the majority of peers. The industry median Current Ratio is 2.64. Megado Minerals' value of 17.83 is 575.4% above this benchmark. Historically, Megado Minerals' own Current Ratio has ranged from 3.78 to 36.31 over the past decade. While the company's 10-year median is 16.05 vs. the industry median of 2.64, Megado Minerals 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. Megado Minerals's current Current Ratio of 17.83 is 575.4% 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. Megado Minerals's current Current Ratio is 17.83, which is 11% above median its own 10-year median of 16.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Megado Minerals stock overvalued right now?
Megado Minerals (ASX:MEG) has a current Current Ratio of 17.83. The current Current Ratio is 17.83, which is 11% above median its 10-year median of 16.05 and 575.4% 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 Megado Minerals (ASX:MEG), the current Current Ratio is 17.83 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.
Megado Minerals Ltd is an exploration company focused on critical minerals in North America. The company's project portfolio includes the North Fork Rare Earth Project, the Iberian Copper Project, the Cyclone Lithium Project, and the K Lithium Project. The geographical areas that the entity operates in are Australia, the United States, Canada, and Ethiopia.
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