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. Elemental Royalty's current ratio for the quarter that ended in Mar. 2026 was 0.00.
Elemental Royalty has a current ratio of 0.00. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Elemental Royalty 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 Elemental Royalty's Current Ratio or its related term are showing as below:
ELE'
s Current Ratio Range Over the Past 10 Years
Min: 0.24 Med: 7.46 Max: 73.3
Current: 6.58
During the past 7 years, Elemental Royalty's highest Current Ratio was 73.30. The lowest was 0.24. And the median was 7.46.
ELE's Current Ratio is ranked better than 72.06% of 2638
companies
in the Metals & Mining industry
Industry Median: 2.64
vs ELE: 6.58
Elemental Royalty (NAS:ELE) 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.
Elemental Royalty Current Ratio Related Terms
Elemental Royalty Current Ratio Historical Data
* Premium members only.
The historical data trend for Elemental Royalty'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.
For the Other Precious Metals & Mining subindustry, Elemental Royalty'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.
Elemental Royalty Current Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Elemental Royalty's Current Ratio distribution charts can be found below:
* The bar in red indicates where Elemental Royalty's Current Ratio falls into.
* 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.
Elemental Royalty (ELE) has a Current Ratio of 0.00 as of Mar. 2026. Over the past decade, Elemental Royalty's Current Ratio has ranged from 0.24 to 73.30. According to the industry distribution chart, Elemental Royalty ranks #737 out of 2638 companies in the Metals & Mining industry, placing it in the top 27.9%.
Is Elemental Royalty's Current Ratio too high?
Elemental Royalty's current Current Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 73.30. Based on the distribution chart, Elemental Royalty ranks #737 out of 2638 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Elemental Royalty has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Elemental Royalty's Current Ratio compare to HL?
According to the Metals & Mining industry distribution chart, Elemental Royalty ranks #737 out of 2638 companies for Current Ratio. This puts Elemental Royalty in the upper half of its industry. The industry median Current Ratio is 2.64. Historically, Elemental Royalty's own Current Ratio has ranged from 0.24 to 73.30 over the past decade. 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 2,638 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. 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. Elemental Royalty's current Current Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elemental Royalty stock overvalued right now?
Based on GuruFocus' analysis, Elemental Royalty (ELE) is currently considered Fairly Valued. The stock's GF Value™ is $16.24, compared to a current price of $16.27 — trading 0.2% above its estimated fair value. The current Current Ratio is 0.00. Elemental Royalty's overall GF Score™ is 65/100 with 3 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 Elemental Royalty (ELE), the current Current Ratio is 0.00 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.
Is Elemental Royalty (ELE) Overvalued in 2026?
Based on GuruFocus' analysis, Elemental Royalty stock appears to be overvalued.
The current stock price of $16.27 is trading 0.2% above its estimated GF Value™ of $16.24.
GuruFocus considers Elemental Royalty to be Fairly Valued.
Key valuation signals for ELE:
Current Ratio: 0.00
GF Value™: $16.24 vs. price of $16.27 (0.2% above fair value)
No single metric tells the full story. See the ELE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elemental Royalty Corp is engaged in exploration discovery, royalty generation, royalty acquisition, and strategic investments. It is the result of the strategic merger of Elemental Altus Royalties and EMX Royalty Corporation together creating a mid-tier gold-focused royalty company with the scale, diversification, and cash flow. Geographically, the company generates revenue from North America, South America, Europe, Australia and Africa.
65GF Score
Get the complete analysis for ELE
Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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