CAXPF (District Copper) Current Ratio: 3.99 (As of Jan. 2026) — 12% Above Median


What is District Copper Current Ratio?

District Copper CAXPF -0.17% Current Ratio is 3.99 as of Jan. 2026, which is 12% above its 10-year median of 3.55. The stock has 1 warning sign investors should review. Among 2,636 Metals & Mining companies, District Copper ranks better than 60.81% 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. District Copper's current ratio for the quarter that ended in Jan. 2026 was 3.99.

District Copper has a current ratio of 3.99. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.

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

CAXPF' s Current Ratio Range Over the Past 10 Years
Min: 0.04   Med: 3.55   Max: 86
Current: 4

During the past 13 years, District Copper's highest Current Ratio was 86.00. The lowest was 0.04. And the median was 3.55.

CAXPF's Current Ratio is ranked better than
60.81% of 2636 companies
in the Metals & Mining industry
Industry Median: 2.64 vs CAXPF: 4.00

District Copper  (OTCPK:CAXPF) 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.


District Copper Current Ratio Related Terms


District Copper Current Ratio Historical Data

* Premium members only.

The historical data trend for District Copper'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.

District Copper Current Ratio Chart

District Copper Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.10 14.16 16.06 5.77 2.82

District Copper 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 8.25 4.06 6.03 2.82 3.99

District Copper Current Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, District Copper'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.


District Copper Current Ratio vs Metals & Mining Industry

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

* The bar in red indicates where District Copper's Current Ratio falls into.



District Copper 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.

District Copper's Current Ratio for the fiscal year that ended in Oct. 2025 is calculated as

Current Ratio (A: Oct. 2025 )=Total Current Assets (A: Oct. 2025 )/Total Current Liabilities (A: Oct. 2025 )
=0.231/0.082
=2.82

District Copper'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 )
=0.267/0.067
=3.99

* 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 3.99 mean?
District Copper (CAXPF) has a Current Ratio of 3.99 as of Jan. 2026. This is 12% above median its historical median of 3.55. Over the past decade, District Copper's Current Ratio has ranged from 0.04 to 86.00. According to the industry distribution chart, District Copper ranks #1033 out of 2636 companies in the Metals & Mining industry, placing it in the top 39.2%.
Is District Copper's Current Ratio too high?
District Copper's current Current Ratio of 3.99 is 12% above median its 10-year median of 3.55. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 86.00. The Metals & Mining industry median Current Ratio is 2.64. District Copper's value of 3.99 is 51.1% above this industry median. Based on the distribution chart, District Copper ranks #1033 out of 2636 companies in the Metals & Mining industry, which is above the industry midpoint.
How does District Copper's Current Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, District Copper ranks #1033 out of 2636 companies for Current Ratio. This puts District Copper in the upper half of its industry. The industry median Current Ratio is 2.64. District Copper's value of 3.99 is 51.1% above this benchmark. Historically, District Copper's own Current Ratio has ranged from 0.04 to 86.00 over the past decade. While the company's 10-year median is 3.55 vs. the industry median of 2.64, District Copper 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 a Metals & Mining company?
The median Current Ratio among Metals & Mining companies is 2.64, based on 2,636 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. District Copper's current Current Ratio of 3.99 is 51.1% 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 Metals & Mining industry, the median Current Ratio is 2.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. District Copper's current Current Ratio is 3.99, which is 12% above median its own 10-year median of 3.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is District Copper stock overvalued right now?
District Copper (CAXPF) has a current Current Ratio of 3.99. The current Current Ratio is 3.99, which is 12% above median its 10-year median of 3.55 and 51.1% above the Metals & Mining industry median of 2.64. 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 District Copper (CAXPF), the current Current Ratio is 3.99 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.

District Copper Business Description

Other Exchanges 22Q0:GermanyDCOP:Canada
Address 700-838 West Hastings Street, Vancouver, BC, CAN, V6C 0A6
District Copper Corp is an exploration-stage company. Its principal business activity is the acquisition and exploration of mineral properties. The company's Projects include the Copper Keg project and the Stony Lake project.