EDDYF (Edison Lithium) Current Ratio: 6.60 (As of Mar. 2026) — 61% Below Median


What is Edison Lithium Current Ratio?

Edison Lithium EDDYF +6.00% Current Ratio is 6.60 as of Mar. 2026, which is 61% below its 10-year median of 17.11. The stock has 1 warning sign investors should review. Among 2,637 Metals & Mining companies, Edison Lithium ranks better than 72.17% 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. Edison Lithium's current ratio for the quarter that ended in Mar. 2026 was 6.60.

Edison Lithium has a current ratio of 6.60. 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 Edison Lithium's Current Ratio or its related term are showing as below:

EDDYF' s Current Ratio Range Over the Past 10 Years
Min: 3.25   Med: 17.11   Max: 114.19
Current: 6.58

During the past 13 years, Edison Lithium's highest Current Ratio was 114.19. The lowest was 3.25. And the median was 17.11.

EDDYF's Current Ratio is ranked better than
72.17% of 2637 companies
in the Metals & Mining industry
Industry Median: 2.64 vs EDDYF: 6.58

Edison Lithium  (OTCPK:EDDYF) 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.


Edison Lithium Current Ratio Related Terms


Edison Lithium Current Ratio Historical Data

* Premium members only.

The historical data trend for Edison Lithium'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.

Edison Lithium Current Ratio Chart

Edison Lithium Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.19 49.91 18.76 3.25 4.14

Edison Lithium Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 6.41 7.13 4.14 3.24 6.60

Edison Lithium Current Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Edison Lithium'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.


Edison Lithium Current Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Edison Lithium's Current Ratio falls into.



Edison Lithium 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.

Edison Lithium's Current Ratio for the fiscal year that ended in Sep. 2025 is calculated as

Current Ratio (A: Sep. 2025 )=Total Current Assets (A: Sep. 2025 )/Total Current Liabilities (A: Sep. 2025 )
=0.265/0.064
=4.14

Edison Lithium's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=0.35/0.053
=6.60

* 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 6.60 mean?
Edison Lithium (EDDYF) has a Current Ratio of 6.60 as of Mar. 2026. This is 61% below median its historical median of 17.11. Over the past decade, Edison Lithium's Current Ratio has ranged from 3.25 to 114.19. According to the industry distribution chart, Edison Lithium ranks #734 out of 2637 companies in the Metals & Mining industry, placing it in the top 27.8%.
Is Edison Lithium's Current Ratio too high?
Edison Lithium's current Current Ratio of 6.60 is 61% below median its 10-year median of 17.11. Over the past 10 years, this metric has ranged from a low of 3.25 to a high of 114.19. The Metals & Mining industry median Current Ratio is 2.64. Edison Lithium's value of 6.60 is 150% above this industry median. Based on the distribution chart, Edison Lithium ranks #734 out of 2637 companies in the Metals & Mining industry, which is above the industry midpoint.
How does Edison Lithium's Current Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Edison Lithium ranks #734 out of 2637 companies for Current Ratio. This puts Edison Lithium in the upper half of its industry. The industry median Current Ratio is 2.64. Edison Lithium's value of 6.60 is 150% above this benchmark. Historically, Edison Lithium's own Current Ratio has ranged from 3.25 to 114.19 over the past decade. While the company's 10-year median is 17.11 vs. the industry median of 2.64, Edison Lithium 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 2,637 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. Edison Lithium's current Current Ratio of 6.60 is 150% 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. Edison Lithium's current Current Ratio is 6.60, which is 61% below median its own 10-year median of 17.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Edison Lithium stock overvalued right now?
Edison Lithium (EDDYF) has a current Current Ratio of 6.60. The current Current Ratio is 6.60, which is 61% below median its 10-year median of 17.11 and 150% 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 Edison Lithium (EDDYF), the current Current Ratio is 6.60 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.

Edison Lithium Business Description

Other Exchanges VV0:GermanyEDDY:Canada
Address 214 - 257 12th Street East, North Vancouver, BC, CAN, V7L 2J8
Edison Lithium Corp is a junior mining exploration company focused on the procurement, exploration, and development of cobalt, lithium and sodium-ion properties. Its properties include Salar de Antofalla, Salar de Pipanaco, Edison Mine, Shakt-Davis Mine, and Cobalt-Kittson Mine.