New HopeASX:NHC +0.19%68 Current Ratio is 2.10 as of Jan. 2026, which is 6% below its 10-year median of 2.24. GuruFocus rates ASX:NHC with a GF Score™ of 68/100 and a GF Value™ of A$4.03 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 184 Other Energy Sources companies, New Hope ranks better than 54.35% 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. New Hope's current ratio for the quarter that ended in Jan. 2026 was 2.10.
New Hope has a current ratio of 2.10. It generally indicates good short-term financial strength.
The historical rank and industry rank for New Hope's Current Ratio or its related term are showing as below:
ASX:NHC'
s Current Ratio Range Over the Past 10 Years
Min: 1.23 Med: 2.24 Max: 4.07
Current: 2.1
During the past 13 years, New Hope's highest Current Ratio was 4.07. The lowest was 1.23. And the median was 2.24.
ASX:NHC's Current Ratio is ranked better than 54.35% of 184
companies
in the Other Energy Sources industry
Industry Median: 1.88
vs ASX:NHC: 2.10
New Hope (ASX:NHC) 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.
New Hope Current Ratio Related Terms
New Hope Current Ratio Historical Data
* Premium members only.
The historical data trend for New Hope'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 Thermal Coal subindustry, New Hope'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.
New Hope Current Ratio vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, New Hope's Current Ratio distribution charts can be found below:
* The bar in red indicates where New Hope'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.
New Hope (ASX:NHC) has a Current Ratio of 2.10 as of Jan. 2026. This is near median its historical median of 2.24. Over the past decade, New Hope's Current Ratio has ranged from 1.23 to 4.07. According to the industry distribution chart, New Hope ranks #84 out of 184 companies in the Other Energy Sources industry, placing it in the top 45.7%.
Is New Hope's Current Ratio too high?
New Hope's current Current Ratio of 2.10 is near median its 10-year median of 2.24. Over the past 10 years, this metric has ranged from a low of 1.23 to a high of 4.07. The Other Energy Sources industry median Current Ratio is 1.88. New Hope's value of 2.10 is 11.7% above this industry median. Based on the distribution chart, New Hope ranks #84 out of 184 companies in the Other Energy Sources industry, which is above the industry midpoint. Overall, New Hope has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does New Hope's Current Ratio compare to competitors?
According to the Other Energy Sources industry distribution chart, New Hope ranks #84 out of 184 companies for Current Ratio. This puts New Hope in the upper half of its industry. The industry median Current Ratio is 1.88. New Hope's value of 2.10 is 11.7% above this benchmark. Historically, New Hope's own Current Ratio has ranged from 1.23 to 4.07 over the past decade. While the company's 10-year median is 2.24 vs. the industry median of 1.88, New Hope 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 an Other Energy Sources company?
The median Current Ratio among Other Energy Sources companies is 1.88, based on 184 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. New Hope's current Current Ratio of 2.10 is 11.7% 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 Other Energy Sources industry, the median Current Ratio is 1.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Hope's current Current Ratio is 2.10, which is near median its own 10-year median of 2.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Hope stock overvalued right now?
Based on GuruFocus' analysis, New Hope (ASX:NHC) is currently considered Significantly Overvalued. The stock's GF Value™ is A$4.03, compared to a current price of A$5.38 — trading 33.5% above its estimated fair value. The current Current Ratio is 2.10, which is near median its 10-year median of 2.24 and 11.7% above the Other Energy Sources industry median of 1.88. New Hope's overall GF Score™ is 68/100 with 10 warning signs 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 New Hope (ASX:NHC), the current Current Ratio is 2.10 as of Jan. 2026. 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.
Is New Hope (ASX:NHC) Overvalued in 2026?
Based on GuruFocus' analysis, New Hope stock appears to be overvalued.
The current stock price of A$5.38 is trading 33.5% above its estimated GF Value™ of A$4.03.
GuruFocus considers New Hope to be Significantly Overvalued.
Key valuation signals for ASX:NHC:
Current Ratio: 2.10 (near median its 10-year median of 2.24)
GF Value™: A$4.03 vs. price of A$5.38 (33.5% above fair value)
Industry Position: 11.7% above the Other Energy Sources median (#84 of 184)
No single metric tells the full story. See the ASX:NHC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
New Hope Corporation is an Australian thermal coal miner. It has two operating mines: the 100%-owned New Acland coal mine in Queensland and its 80%-owned Bengalla coal mine in New South Wales. The company should sell around 13 million metric tons of thermal coal annually from fiscal 2028, up from around 10.5 million in fiscal 2025, driven by the construction and ramp up of New Acland Stage 3. The vast majority of New Hope's production is sold into seaborne thermal coal export markets. Reserves at New Acland and Bengalla are sufficient to support multidecade mine lives. New Hope also has significant undeveloped coal resources in Queensland, as well as a 23% holding in the Malabar-Maxwell metallurgical coal mine, which began production in 2023.
68GF Score
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