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BSP:CSMG3's Current Ratio is ranked better than 73.67% of 509
companies
in the Utilities - Regulated industry
Industry Median: 1.08
vs BSP:CSMG3: 1.60
Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3) 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.
Compania deneamento de Minas Gerais - COPASA MG Current Ratio Related Terms
Compania deneamento de Minas Gerais - COPASA MG Current Ratio Historical Data
* 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.
Compania deneamento de Minas Gerais - COPASA MG Current Ratio Chart
Compania deneamento de Minas Gerais - COPASA MG Annual Data
BSP:CSMG3 vs AWK, WTRG, AWR: Current Ratio Comparison
For the Utilities - Regulated Water subindustry, Compania deneamento de Minas Gerais - COPASA MG'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.
Compania deneamento de Minas Gerais - COPASA MG Current Ratio vs Utilities - Regulated Industry
* 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.
Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3) has a Current Ratio of 1.60 as of Mar. 2026. This is 13% above median its historical median of 1.41. Over the past decade, Compania deneamento de Minas Gerais - COPASA MG's Current Ratio has ranged from 1.00 to 1.77. According to the industry distribution chart, Compania deneamento de Minas Gerais - COPASA MG ranks #134 out of 509 companies in the Utilities - Regulated industry, placing it in the top 26.3%.
Is Compania deneamento de Minas Gerais - COPASA MG's Current Ratio too high?
Compania deneamento de Minas Gerais - COPASA MG's current Current Ratio of 1.60 is 13% above median its 10-year median of 1.41. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 1.77. The Utilities - Regulated industry median Current Ratio is 1.08. Compania deneamento de Minas Gerais - COPASA MG's value of 1.60 is 48.1% above this industry median. Based on the distribution chart, Compania deneamento de Minas Gerais - COPASA MG ranks #134 out of 509 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Compania deneamento de Minas Gerais - COPASA MG has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Compania deneamento de Minas Gerais - COPASA MG's Current Ratio compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Compania deneamento de Minas Gerais - COPASA MG ranks #134 out of 509 companies for Current Ratio. This puts Compania deneamento de Minas Gerais - COPASA MG in the upper half of its industry. The industry median Current Ratio is 1.08. Compania deneamento de Minas Gerais - COPASA MG's value of 1.60 is 48.1% above this benchmark. Historically, Compania deneamento de Minas Gerais - COPASA MG's own Current Ratio has ranged from 1.00 to 1.77 over the past decade. While the company's 10-year median is 1.41 vs. the industry median of 1.08, Compania deneamento de Minas Gerais - COPASA MG 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 Utilities - Regulated company?
The median Current Ratio among Utilities - Regulated companies is 1.08, based on 509 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. Compania deneamento de Minas Gerais - COPASA MG's current Current Ratio of 1.60 is 48.1% 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 Utilities - Regulated industry, the median Current Ratio is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Compania deneamento de Minas Gerais - COPASA MG's current Current Ratio is 1.60, which is 13% above median its own 10-year median of 1.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Compania deneamento de Minas Gerais - COPASA MG stock overvalued right now?
Based on GuruFocus' analysis, Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3) is currently considered Significantly Overvalued. The stock's GF Value™ is R$25.12, compared to a current price of R$63.16 — trading 151.4% above its estimated fair value. The current Current Ratio is 1.60, which is 13% above median its 10-year median of 1.41 and 48.1% above the Utilities - Regulated industry median of 1.08. Compania deneamento de Minas Gerais - COPASA MG's overall GF Score™ is 83/100 with 9 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 Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3), the current Current Ratio is 1.60 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.
Is Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3) Overvalued in 2026?
Based on GuruFocus' analysis, Compania deneamento de Minas Gerais - COPASA MG stock appears to be overvalued.
The current stock price of R$63.16 is trading 151.4% above its estimated GF Value™ of R$25.12.
GuruFocus considers Compania deneamento de Minas Gerais - COPASA MG to be Significantly Overvalued.
Key valuation signals for BSP:CSMG3:
Current Ratio: 1.60 (13% above median its 10-year median of 1.41)
GF Value™: R$25.12 vs. price of R$63.16 (151.4% above fair value)
Industry Position: 48.1% above the Utilities - Regulated median (#134 of 509)
No single metric tells the full story. See the BSP:CSMG3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Compania deneamento de Minas Gerais - COPASA MG Business Description
Compania de Saneamento de Minas Gerais - COPASA MG provides water supply, sewage, and solid waste services. The company operates out of subsidiaries COPASA Servicos de Irrigacao S.A., COPASA Aguas Minerais de Minas S.A, and COPANOR. COPASA Servicos de Irrigacao S.A. manages, performs, and sells irrigation system services. COPASA Aguas Minerais de Minas S.A. produces, bottles, distributes, and sells mineral water. COPANOR provides water supply and sewage treatment services across the North and Northeast regions of the State of Minas Gerais. A majority of revenue is derived from water services while the rest is derived from sewage services. The company operates out of Brazil, where an amount of revenue is generated.
83GF Score
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