COBA (Chilean Cobalt) Current Ratio: 24.83 (As of Jun. 2026) — 32% Above Median

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COBA Chilean Cobalt Corp COBA
13 GF Score
Price $2.38
! 1 Warning Sign
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What is Chilean Cobalt Current Ratio?

Chilean Cobalt COBA 13 Current Ratio is 24.83 as of Jun. 2026, which is 32% above its 10-year median of 18.82. GuruFocus rates COBA with a GF Score™ of 13/100. The stock has 1 warning sign investors should review. Among 2,638 Metals & Mining companies, Chilean Cobalt ranks better than 91.7% 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. Chilean Cobalt's current ratio for the quarter that ended in Jun. 2026 was 24.83.

Chilean Cobalt has a current ratio of 24.83. 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 Chilean Cobalt's Current Ratio or its related term are showing as below:

COBA' s Current Ratio Range Over the Past 10 Years
Min: 1.66   Med: 18.82   Max: 56.88
Current: 24.83

During the past 5 years, Chilean Cobalt's highest Current Ratio was 56.88. The lowest was 1.66. And the median was 18.82.

COBA's Current Ratio is ranked better than
91.7% of 2638 companies
in the Metals & Mining industry
Industry Median: 2.665 vs COBA: 24.83

Chilean Cobalt  (OTCPK:COBA) 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.


Chilean Cobalt Current Ratio Related Terms


Chilean Cobalt Current Ratio Historical Data

* Premium members only.

The historical data trend for Chilean Cobalt'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.

Chilean Cobalt Current Ratio Chart

Chilean Cobalt Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
1.66 28.30 40.81 13.40 56.88

Chilean Cobalt Quarterly Data
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 23.72 13.92 56.88 32.73 24.83

COBA vs GRO, NVA, USGO: Current Ratio Comparison

For the Other Industrial Metals & Mining subindustry, Chilean Cobalt'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.


Chilean Cobalt Current Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Chilean Cobalt's Current Ratio falls into.


COBA
13GF Score
Chilean Cobalt Corp COBA
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Chilean Cobalt 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.

Chilean Cobalt'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 )
=2.844/0.05
=56.88

Chilean Cobalt'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 )
=3.203/0.129
=24.83

* 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 24.83 mean?
Chilean Cobalt (COBA) has a Current Ratio of 24.83 as of Jun. 2026. This is 32% above median its historical median of 18.82. Over the past decade, Chilean Cobalt's Current Ratio has ranged from 1.66 to 56.88. According to the industry distribution chart, Chilean Cobalt ranks #219 out of 2638 companies in the Metals & Mining industry, placing it in the top 8.3%.
Is Chilean Cobalt's Current Ratio too high?
Chilean Cobalt's current Current Ratio of 24.83 is 32% above median its 10-year median of 18.82. Over the past 10 years, this metric has ranged from a low of 1.66 to a high of 56.88. The Metals & Mining industry median Current Ratio is 2.67. Chilean Cobalt's value of 24.83 is 831.7% above this industry median. Based on the distribution chart, Chilean Cobalt ranks #219 out of 2638 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Chilean Cobalt has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Chilean Cobalt's Current Ratio compare to GRO and NVA?
According to the Metals & Mining industry distribution chart, Chilean Cobalt ranks #219 out of 2638 companies for Current Ratio. This places Chilean Cobalt in the top 8% of its industry — outperforming the majority of peers. The industry median Current Ratio is 2.67. Chilean Cobalt's value of 24.83 is 831.7% above this benchmark. Historically, Chilean Cobalt's own Current Ratio has ranged from 1.66 to 56.88 over the past decade. While the company's 10-year median is 18.82 vs. the industry median of 2.67, Chilean Cobalt 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 2.67, based on 2,638 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. Chilean Cobalt's current Current Ratio of 24.83 is 831.7% 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 2.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chilean Cobalt's current Current Ratio is 24.83, which is 32% above median its own 10-year median of 18.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chilean Cobalt stock overvalued right now?
Chilean Cobalt (COBA) has a current Current Ratio of 24.83. The current Current Ratio is 24.83, which is 32% above median its 10-year median of 18.82 and 831.7% above the Metals & Mining industry median of 2.67. Chilean Cobalt's overall GF Score™ is 13/100 with 1 warning sign 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 Chilean Cobalt (COBA), the current Current Ratio is 24.83 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.

Chilean Cobalt Business Description

Address 1199 Lancaster Avenue, Suite 107, Berwyn, PA, USA, 19312
Chilean Cobalt Corp is a primary cobalt, secondary copper, junior mining and exploration company. It is a critical minerals exploration and development company focused on the La Cobaltera and El Cofre cobalt-copper projects, located in the San Juan District in northern Chile. The company operates as a single reportable segment for its mining projects in Chile.
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$2.38
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