Mount Hope MiningASX:MHM +9.09%15 Current Ratio is 29.61 as of Dec. 2025, which is 25% above its 10-year median of 23.73. GuruFocus rates ASX:MHM with a GF Score™ of 15/100. Among 2,636 Metals & Mining companies, Mount Hope Mining ranks better than 93.06% 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. Mount Hope Mining's current ratio for the quarter that ended in Dec. 2025 was 29.61.
Mount Hope Mining has a current ratio of 29.61. 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 Mount Hope Mining's Current Ratio or its related term are showing as below:
ASX:MHM'
s Current Ratio Range Over the Past 10 Years
Min: 17.51 Med: 23.73 Max: 29.61
Current: 29.61
During the past 1 years, Mount Hope Mining's highest Current Ratio was 29.61. The lowest was 17.51. And the median was 23.73.
ASX:MHM's Current Ratio is ranked better than 93.06% of 2636
companies
in the Metals & Mining industry
Industry Median: 2.64
vs ASX:MHM: 29.61
Mount Hope Mining (ASX:MHM) 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.
Mount Hope Mining Current Ratio Related Terms
Mount Hope Mining Current Ratio Historical Data
* Premium members only.
The historical data trend for Mount Hope Mining'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.
Mount Hope Mining Current Ratio Chart
Mount Hope Mining Annual Data
Trend
Jun25
Current Ratio
23.73
Mount Hope Mining Semi-Annual Data
Dec24
Jun25
Dec25
Current Ratio
17.51
23.73
29.61
ASX:MHM vs HL: Current Ratio Comparison
For the Other Precious Metals & Mining subindustry, Mount Hope Mining'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.
Mount Hope Mining Current Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Mount Hope Mining's Current Ratio distribution charts can be found below:
* The bar in red indicates where Mount Hope Mining'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.
Mount Hope Mining (ASX:MHM) has a Current Ratio of 29.61 as of Dec. 2025. This is 25% above median its historical median of 23.73. Over the past decade, Mount Hope Mining's Current Ratio has ranged from 17.51 to 29.61. According to the industry distribution chart, Mount Hope Mining ranks #183 out of 2636 companies in the Metals & Mining industry, placing it in the top 6.9%.
Is Mount Hope Mining's Current Ratio too high?
Mount Hope Mining's current Current Ratio of 29.61 is 25% above median its 10-year median of 23.73. Over the past 10 years, this metric has ranged from a low of 17.51 to a high of 29.61. The Metals & Mining industry median Current Ratio is 2.64. Mount Hope Mining's value of 29.61 is 1021.6% above this industry median. Based on the distribution chart, Mount Hope Mining ranks #183 out of 2636 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Mount Hope Mining has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Mount Hope Mining's Current Ratio compare to HL?
According to the Metals & Mining industry distribution chart, Mount Hope Mining ranks #183 out of 2636 companies for Current Ratio. This places Mount Hope Mining in the top 7% of its industry — outperforming the majority of peers. The industry median Current Ratio is 2.64. Mount Hope Mining's value of 29.61 is 1021.6% above this benchmark. Historically, Mount Hope Mining's own Current Ratio has ranged from 17.51 to 29.61 over the past decade. While the company's 10-year median is 23.73 vs. the industry median of 2.64, Mount Hope Mining 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 2,636 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. Mount Hope Mining's current Current Ratio of 29.61 is 1021.6% 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. Mount Hope Mining's current Current Ratio is 29.61, which is 25% above median its own 10-year median of 23.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mount Hope Mining stock overvalued right now?
Mount Hope Mining (ASX:MHM) has a current Current Ratio of 29.61. The current Current Ratio is 29.61, which is 25% above median its 10-year median of 23.73 and 1021.6% above the Metals & Mining industry median of 2.64. Mount Hope Mining's overall GF Score™ is 15/100. 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 Mount Hope Mining (ASX:MHM), the current Current Ratio is 29.61 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.
Mount Hope Mining Ltd is engaged in exploration and mining services in Australia. It specialises in copper and gold exploration. The company's flagship project is the Mount Hope Project, located in the southern Cobar basin.
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