NexGen EnergyASX:NXG -3.66%40 Current Ratio is 1.37 as of Mar. 2026, which is 89% below its 10-year median of 12.41. GuruFocus rates ASX:NXG with a GF Score™ of 40/100. The stock has 1 warning sign investors should review. Among 184 Other Energy Sources companies, NexGen Energy ranks worse than 63.04% 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. NexGen Energy's current ratio for the quarter that ended in Mar. 2026 was 1.37.
NexGen Energy has a current ratio of 1.37. It generally indicates good short-term financial strength.
The historical rank and industry rank for NexGen Energy's Current Ratio or its related term are showing as below:
ASX:NXG'
s Current Ratio Range Over the Past 10 Years
Min: 0.5 Med: 12.41 Max: 54.96
Current: 1.37
During the past 13 years, NexGen Energy's highest Current Ratio was 54.96. The lowest was 0.50. And the median was 12.41.
ASX:NXG's Current Ratio is ranked worse than 63.04% of 184
companies
in the Other Energy Sources industry
Industry Median: 1.88
vs ASX:NXG: 1.37
NexGen Energy (ASX:NXG) 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.
NexGen Energy Current Ratio Related Terms
NexGen Energy Current Ratio Historical Data
* Premium members only.
The historical data trend for NexGen Energy'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 Uranium subindustry, NexGen Energy'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.
NexGen Energy Current Ratio vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, NexGen Energy's Current Ratio distribution charts can be found below:
* The bar in red indicates where NexGen Energy'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.
NexGen Energy (ASX:NXG) has a Current Ratio of 1.37 as of Mar. 2026. This is 89% below median its historical median of 12.41. Over the past decade, NexGen Energy's Current Ratio has ranged from 0.50 to 54.96. According to the industry distribution chart, NexGen Energy ranks #116 out of 184 companies in the Other Energy Sources industry, placing it in the top 63%.
Is NexGen Energy's Current Ratio too high?
NexGen Energy's current Current Ratio of 1.37 is 89% below median its 10-year median of 12.41. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 54.96. The Other Energy Sources industry median Current Ratio is 1.88. NexGen Energy's value of 1.37 is 27.1% below this industry median. Based on the distribution chart, NexGen Energy ranks #116 out of 184 companies in the Other Energy Sources industry, which is below the industry midpoint. Overall, NexGen Energy has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does NexGen Energy's Current Ratio compare to UEC and LEU?
According to the Other Energy Sources industry distribution chart, NexGen Energy ranks #116 out of 184 companies for Current Ratio. This places NexGen Energy in the lower half of its industry. The industry median Current Ratio is 1.88. NexGen Energy's value of 1.37 is 27.1% below this benchmark. Historically, NexGen Energy's own Current Ratio has ranged from 0.50 to 54.96 over the past decade. While the company's 10-year median is 12.41 vs. the industry median of 1.88, NexGen Energy has consistently been below 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. NexGen Energy's current Current Ratio of 1.37 is 27.1% below 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. NexGen Energy's current Current Ratio is 1.37, which is 89% below median its own 10-year median of 12.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NexGen Energy stock overvalued right now?
NexGen Energy (ASX:NXG) has a current Current Ratio of 1.37. The current Current Ratio is 1.37, which is 89% below median its 10-year median of 12.41 and 27.1% below the Other Energy Sources industry median of 1.88. NexGen Energy's overall GF Score™ is 40/100 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 NexGen Energy (ASX:NXG), the current Current Ratio is 1.37 as of Mar. 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.
NexGen Energy Ltd is an exploration and development stage entity engaged in the acquisition, exploration, evaluation, and development of uranium properties in Canada. The Rook I Project is a development-stage uranium project in Canada. The Company also holds a prospective portfolio of uranium exploration projects in the historic eastern Athabasca Basin.
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