BRLS (Borealis Foods) Current Ratio: 0.09 (As of Mar. 2026) — 76% Below Median

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What is Borealis Foods Current Ratio?

Borealis Foods BRLS +11.52% Current Ratio is 0.09 as of Mar. 2026, which is 76% below its 10-year median of 0.37. The stock has 4 warning signs investors should review. Among 1,986 Consumer Packaged Goods companies, Borealis Foods ranks worse than 98.99% 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. Borealis Foods's current ratio for the quarter that ended in Mar. 2026 was 0.09.

Borealis Foods has a current ratio of 0.09. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Borealis Foods has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.

The historical rank and industry rank for Borealis Foods's Current Ratio or its related term are showing as below:

BRLS' s Current Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.37   Max: 0.77
Current: 0.09

During the past 5 years, Borealis Foods's highest Current Ratio was 0.77. The lowest was 0.09. And the median was 0.37.

BRLS's Current Ratio is ranked worse than
98.99% of 1986 companies
in the Consumer Packaged Goods industry
Industry Median: 1.73 vs BRLS: 0.09

Borealis Foods  (NAS:BRLS) 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.


Borealis Foods Current Ratio Related Terms


Borealis Foods Current Ratio Historical Data

* Premium members only.

The historical data trend for Borealis Foods'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.

Borealis Foods Current Ratio Chart

Borealis Foods Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
0.67 0.37 0.26 0.46 0.12

Borealis Foods Quarterly Data
Dec21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.29 0.25 0.15 0.12 0.09

BRLS vs DTEAF, JVA, STCB: Current Ratio Comparison

For the Packaged Foods subindustry, Borealis Foods'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.


Borealis Foods Current Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Borealis Foods's Current Ratio distribution charts can be found below:

* The bar in red indicates where Borealis Foods's Current Ratio falls into.



Borealis Foods Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Borealis Foods's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=8.055/69.817
=0.12

Borealis Foods's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=6.825/71.847
=0.09

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 0.09 mean?
Borealis Foods (BRLS) has a Current Ratio of 0.09 as of Mar. 2026. This is 76% below median its historical median of 0.37. Over the past decade, Borealis Foods' Current Ratio has ranged from 0.09 to 0.77. According to the industry distribution chart, Borealis Foods ranks #1966 out of 1986 companies in the Consumer Packaged Goods industry, placing it in the top 99%.
Is Borealis Foods' Current Ratio too high?
Borealis Foods' current Current Ratio of 0.09 is 76% below median its 10-year median of 0.37. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 0.77. The Consumer Packaged Goods industry median Current Ratio is 1.73. Borealis Foods' value of 0.09 is 94.8% below this industry median. Based on the distribution chart, Borealis Foods ranks #1966 out of 1986 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers.
How does Borealis Foods' Current Ratio compare to DTEAF and JVA?
According to the Consumer Packaged Goods industry distribution chart, Borealis Foods ranks #1966 out of 1986 companies for Current Ratio. This places Borealis Foods in the lower half of its industry. The industry median Current Ratio is 1.73. Borealis Foods' value of 0.09 is 94.8% below this benchmark. Historically, Borealis Foods' own Current Ratio has ranged from 0.09 to 0.77 over the past decade. While the company's 10-year median is 0.37 vs. the industry median of 1.73, Borealis Foods 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 a Consumer Packaged Goods company?
The median Current Ratio among Consumer Packaged Goods companies is 1.73, based on 1,986 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. Borealis Foods's current Current Ratio of 0.09 is 94.8% 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 Consumer Packaged Goods industry, the median Current Ratio is 1.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Borealis Foods's current Current Ratio is 0.09, which is 76% below median its own 10-year median of 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Borealis Foods stock overvalued right now?
Borealis Foods (BRLS) has a current Current Ratio of 0.09. The current Current Ratio is 0.09, which is 76% below median its 10-year median of 0.37 and 94.8% below the Consumer Packaged Goods industry median of 1.73. 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 Borealis Foods (BRLS), the current Current Ratio is 0.09 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.

Borealis Foods Business Description

Address 1540 Cornwall Road, Suite 104, Oakville, ON, CAN, L6J7W5
Borealis Foods Inc is a food technology integrator with a mission to address food security challenges through the development and commercialization of tasty, affordable, and sustainable functional foods. Borealis has developed a range of high-quality, affordable, sustainable, and nutritious premium, ready-to-eat meals sold in the United States, Canada, Central America, South America, and Europe. Through the development and launch of its ready-made ramen, featuring 20 grams of complete plant-based protein per serving, Borealis is developing solutions to address food challenges.