CLGMF (Cleghorn Minerals) Current Ratio: 1.05 (As of Jun. 2026) — 85% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CLGMF Cleghorn Minerals Ltd CLGMF
26 GF Score
Price $0.02
! 2 Warning Signs
View Full Analysis

What is Cleghorn Minerals Current Ratio?

Cleghorn Minerals CLGMF 26 Current Ratio is 1.05 as of Jun. 2026, which is 85% below its 10-year median of 7.09. GuruFocus rates CLGMF with a GF Score™ of 26/100. The stock has 2 warning signs investors should review. Among 2,635 Metals & Mining companies, Cleghorn Minerals ranks worse than 75.41% 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. Cleghorn Minerals's current ratio for the quarter that ended in Jun. 2026 was 1.05.

Cleghorn Minerals has a current ratio of 1.05. It generally indicates good short-term financial strength.

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

CLGMF' s Current Ratio Range Over the Past 10 Years
Min: 1.05   Med: 7.09   Max: 184
Current: 1.05

During the past 13 years, Cleghorn Minerals's highest Current Ratio was 184.00. The lowest was 1.05. And the median was 7.09.

CLGMF's Current Ratio is ranked worse than
75.41% of 2635 companies
in the Metals & Mining industry
Industry Median: 2.66 vs CLGMF: 1.05

Cleghorn Minerals  (OTCPK:CLGMF) 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.


Cleghorn Minerals Current Ratio Related Terms


Cleghorn Minerals Current Ratio Historical Data

* Premium members only.

The historical data trend for Cleghorn Minerals'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.

Cleghorn Minerals Current Ratio Chart

Cleghorn Minerals Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 9.33 6.11 128.00 7.25

Cleghorn Minerals Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 18.00 90.00 61.00 7.25 1.05

Cleghorn Minerals Current Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Cleghorn Minerals'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.


Cleghorn Minerals Current Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Cleghorn Minerals's Current Ratio falls into.


CLGMF
26GF Score
Cleghorn Minerals Ltd CLGMF
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cleghorn Minerals 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.

Cleghorn Minerals's Current Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Current Ratio (A: Mar. 2026 )=Total Current Assets (A: Mar. 2026 )/Total Current Liabilities (A: Mar. 2026 )
=0.058/0.008
=7.25

Cleghorn Minerals's Current Ratio for the quarter that ended in Jun. 2026 is calculated as

Current Ratio (Q: Jun. 2026 )=Total Current Assets (Q: Jun. 2026 )/Total Current Liabilities (Q: Jun. 2026 )
=0.171/0.163
=1.05

* 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 1.05 mean?
Cleghorn Minerals (CLGMF) has a Current Ratio of 1.05 as of Jun. 2026. This is 85% below median its historical median of 7.09. Over the past decade, Cleghorn Minerals' Current Ratio has ranged from 1.05 to 184.00. According to the industry distribution chart, Cleghorn Minerals ranks #1987 out of 2635 companies in the Metals & Mining industry, placing it in the top 75.4%.
Is Cleghorn Minerals' Current Ratio too high?
Cleghorn Minerals' current Current Ratio of 1.05 is 85% below median its 10-year median of 7.09. Over the past 10 years, this metric has ranged from a low of 1.05 to a high of 184.00. The Metals & Mining industry median Current Ratio is 2.66. Cleghorn Minerals' value of 1.05 is 60.5% below this industry median. Based on the distribution chart, Cleghorn Minerals ranks #1987 out of 2635 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Cleghorn Minerals has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Cleghorn Minerals' Current Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Cleghorn Minerals ranks #1987 out of 2635 companies for Current Ratio. This places Cleghorn Minerals in the lower half of its industry. The industry median Current Ratio is 2.66. Cleghorn Minerals' value of 1.05 is 60.5% below this benchmark. Historically, Cleghorn Minerals' own Current Ratio has ranged from 1.05 to 184.00 over the past decade. While the company's 10-year median is 7.09 vs. the industry median of 2.66, Cleghorn Minerals 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 2.66, based on 2,635 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. Cleghorn Minerals's current Current Ratio of 1.05 is 60.5% 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 2.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cleghorn Minerals's current Current Ratio is 1.05, which is 85% below median its own 10-year median of 7.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cleghorn Minerals stock overvalued right now?
Cleghorn Minerals (CLGMF) has a current Current Ratio of 1.05. The current Current Ratio is 1.05, which is 85% below median its 10-year median of 7.09 and 60.5% below the Metals & Mining industry median of 2.66. Cleghorn Minerals' overall GF Score™ is 26/100 with 2 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 Cleghorn Minerals (CLGMF), the current Current Ratio is 1.05 as of Jun. 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.

Cleghorn Minerals Business Description

Other Exchanges CZZ:Canada
Address 2772 Chemin Sullivan, Val-d\'Or, QC, CAN, J9P 0B9
Cleghorn Minerals Ltd is a Canada-based company. It is involved in the process of exploring, evaluating and promoting its mineral property in Canada. The company's only operating segment is exploring and evaluating mineral resources. Its project includes Meech Lake Matachewan located in Northeastern Ontario, Canada.
26GF Score

Get the complete analysis for CLGMF

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.02
Price