BTKRF (First Atlas Resources) Current Ratio: 0.17 (As of Jan. 2026) — 94% Below Median


What is First Atlas Resources Current Ratio?

First Atlas Resources BTKRF -1.12% Current Ratio is 0.17 as of Jan. 2026, which is 94% below its 10-year median of 2.98. The stock has 2 warning signs investors should review. Among 2,632 Metals & Mining companies, First Atlas Resources ranks worse than 91.22% 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. First Atlas Resources's current ratio for the quarter that ended in Jan. 2026 was 0.17.

First Atlas Resources has a current ratio of 0.17. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If First Atlas Resources 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 First Atlas Resources's Current Ratio or its related term are showing as below:

BTKRF' s Current Ratio Range Over the Past 10 Years
Min: 0.03   Med: 2.98   Max: 67.95
Current: 0.17

During the past 9 years, First Atlas Resources's highest Current Ratio was 67.95. The lowest was 0.03. And the median was 2.98.

BTKRF's Current Ratio is ranked worse than
91.22% of 2632 companies
in the Metals & Mining industry
Industry Median: 2.625 vs BTKRF: 0.17

First Atlas Resources  (OTCPK:BTKRF) 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.


First Atlas Resources Current Ratio Related Terms


First Atlas Resources Current Ratio Historical Data

* Premium members only.

The historical data trend for First Atlas Resources'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.

First Atlas Resources Current Ratio Chart

First Atlas Resources Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Current Ratio
Get a 7-Day Free Trial Premium Member Only 12.75 1.77 0.56 0.04 0.11

First Atlas Resources Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.22 0.11 0.09 0.14 0.17

BTKRF vs NEM, AU: Current Ratio Comparison

For the Gold subindustry, First Atlas Resources'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.


First Atlas Resources Current Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, First Atlas Resources's Current Ratio distribution charts can be found below:

* The bar in red indicates where First Atlas Resources's Current Ratio falls into.



First Atlas Resources 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.

First Atlas Resources's Current Ratio for the fiscal year that ended in Apr. 2025 is calculated as

Current Ratio (A: Apr. 2025 )=Total Current Assets (A: Apr. 2025 )/Total Current Liabilities (A: Apr. 2025 )
=0.114/1.031
=0.11

First Atlas Resources's Current Ratio for the quarter that ended in Jan. 2026 is calculated as

Current Ratio (Q: Jan. 2026 )=Total Current Assets (Q: Jan. 2026 )/Total Current Liabilities (Q: Jan. 2026 )
=0.201/1.177
=0.17

* 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 0.17 mean?
First Atlas Resources (BTKRF) has a Current Ratio of 0.17 as of Jan. 2026. This is 94% below median its historical median of 2.98. Over the past decade, First Atlas Resources' Current Ratio has ranged from 0.03 to 67.95. According to the industry distribution chart, First Atlas Resources ranks #2401 out of 2632 companies in the Metals & Mining industry, placing it in the top 91.2%.
Is First Atlas Resources' Current Ratio too high?
First Atlas Resources' current Current Ratio of 0.17 is 94% below median its 10-year median of 2.98. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 67.95. The Metals & Mining industry median Current Ratio is 2.63. First Atlas Resources' value of 0.17 is 93.5% below this industry median. Based on the distribution chart, First Atlas Resources ranks #2401 out of 2632 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does First Atlas Resources' Current Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, First Atlas Resources ranks #2401 out of 2632 companies for Current Ratio. This places First Atlas Resources in the lower half of its industry. The industry median Current Ratio is 2.63. First Atlas Resources' value of 0.17 is 93.5% below this benchmark. Historically, First Atlas Resources' own Current Ratio has ranged from 0.03 to 67.95 over the past decade. While the company's 10-year median is 2.98 vs. the industry median of 2.63, First Atlas Resources 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 Metals & Mining company?
The median Current Ratio among Metals & Mining companies is 2.63, based on 2,632 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. First Atlas Resources's current Current Ratio of 0.17 is 93.5% 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 Metals & Mining industry, the median Current Ratio is 2.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Atlas Resources's current Current Ratio is 0.17, which is 94% below median its own 10-year median of 2.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Atlas Resources stock overvalued right now?
First Atlas Resources (BTKRF) has a current Current Ratio of 0.17. The current Current Ratio is 0.17, which is 94% below median its 10-year median of 2.98 and 93.5% below the Metals & Mining industry median of 2.63. 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 First Atlas Resources (BTKRF), the current Current Ratio is 0.17 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.

First Atlas Resources Business Description

Other Exchanges 0NB0:GermanyHHE:Canada
Address 666 Burrard Street, Suite 500, Vancouver, BC, CAN, V6C 3P6
First Atlas Resources Corp is a mineral exploration company. The Company has a portfolio of properties in Quebec that are currently being explored for potential lithium, copper, nickel, cobalt, zinc, molybdenum, and platinum group elements.