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. Norfolk Metals's current ratio for the quarter that ended in Dec. 2025 was 13.08.
Norfolk Metals has a current ratio of 13.08. 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 Norfolk Metals's Current Ratio or its related term are showing as below:
ASX:NFL'
s Current Ratio Range Over the Past 10 Years
Min: 6.39 Med: 18.86 Max: 47.01
Current: 13.08
During the past 4 years, Norfolk Metals's highest Current Ratio was 47.01. The lowest was 6.39. And the median was 18.86.
ASX:NFL's Current Ratio is not ranked
in the Metals & Mining industry.
Industry Median: 2.62
vs ASX:NFL: 13.08
Norfolk Metals (ASX:NFL) 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.
Norfolk Metals Current Ratio Related Terms
Norfolk Metals Current Ratio Historical Data
* Premium members only.
The historical data trend for Norfolk 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 Other Precious Metals & Mining subindustry, Norfolk 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.
Norfolk Metals Current Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Norfolk Metals's Current Ratio distribution charts can be found below:
* The bar in red indicates where Norfolk 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.
Norfolk Metals (ASX:NFL) has a Current Ratio of 13.08 as of Dec. 2025. This is 31% below median its historical median of 18.86. Over the past decade, Norfolk Metals' Current Ratio has ranged from 6.39 to 47.01.
Is Norfolk Metals' Current Ratio too high?
Norfolk Metals' current Current Ratio of 13.08 is 31% below median its 10-year median of 18.86. Over the past 10 years, this metric has ranged from a low of 6.39 to a high of 47.01. The Metals & Mining industry median Current Ratio is 2.62. Norfolk Metals' value of 13.08 is 399.2% above this industry median. Overall, Norfolk Metals has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Norfolk Metals' Current Ratio compare to HL?
Norfolk Metals' Current Ratio of 13.08 can be compared against companies in the Metals & Mining industry. The industry median Current Ratio is 2.62. Norfolk Metals' value of 13.08 is 399.2% above this benchmark. Historically, Norfolk Metals' own Current Ratio has ranged from 6.39 to 47.01 over the past decade. While the company's 10-year median is 18.86 vs. the industry median of 2.62, Norfolk 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 Metals & Mining company?
The median Current Ratio among Metals & Mining companies is 2.62, based on 2,633 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. Norfolk Metals's current Current Ratio of 13.08 is 399.2% 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 2.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norfolk Metals's current Current Ratio is 13.08, which is 31% below median its own 10-year median of 18.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norfolk Metals stock overvalued right now?
Norfolk Metals (ASX:NFL) has a current Current Ratio of 13.08. The current Current Ratio is 13.08, which is 31% below median its 10-year median of 18.86 and 399.2% above the Metals & Mining industry median of 2.62. Norfolk Metals' overall GF Score™ is 35/100 with 1 warning sign 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 Norfolk Metals (ASX:NFL), the current Current Ratio is 13.08 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.
Norfolk Metals Ltd is a mineral exploration company. It is advancing its project portfolio with a focus on the earn-in of the Carmen Copper Project in Chile and the continued work at its listing assets; the Orroroo Uranium Project in South Australia and the Roger River Project in Tasmania. The company's sole activity is mineral exploration and resource development wholly within Australia, which is its only reportable segment.
35GF Score
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