FASLF (First Andes Silver) Current Ratio: 1.17 (As of Nov. 2025) — Near Median


What is First Andes Silver Current Ratio?

First Andes Silver FASLF -1.37% Current Ratio is 1.17 as of Nov. 2025, which is 8% above its 10-year median of 1.08. Among 2,638 Metals & Mining companies, First Andes Silver ranks worse than 72.25% 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. First Andes Silver's current ratio for the quarter that ended in Nov. 2025 was 1.17.

First Andes Silver has a current ratio of 1.17. It generally indicates good short-term financial strength.

The historical rank and industry rank for First Andes Silver's Current Ratio or its related term are showing as below:

FASLF' s Current Ratio Range Over the Past 10 Years
Min: 0.04   Med: 1.08   Max: 27.76
Current: 1.17

During the past 4 years, First Andes Silver's highest Current Ratio was 27.76. The lowest was 0.04. And the median was 1.08.

FASLF's Current Ratio is ranked worse than
72.25% of 2638 companies
in the Metals & Mining industry
Industry Median: 2.64 vs FASLF: 1.17

First Andes Silver  (OTCPK:FASLF) 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.


First Andes Silver Current Ratio Related Terms


First Andes Silver Current Ratio Historical Data

* Premium members only.

The historical data trend for First Andes Silver'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.

First Andes Silver Current Ratio Chart

First Andes Silver Annual Data
Trend Feb22 Feb23 Feb24 Feb25
Current Ratio
14.36 1.02 0.04 1.08

First Andes Silver Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25
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 0.07 1.08 1.05 1.66 1.17

FASLF vs HL: Current Ratio Comparison

For the Other Precious Metals & Mining subindustry, First Andes Silver'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.


First Andes Silver Current Ratio vs Metals & Mining Industry

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

* The bar in red indicates where First Andes Silver's Current Ratio falls into.



First Andes Silver 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.

First Andes Silver's Current Ratio for the fiscal year that ended in Feb. 2025 is calculated as

Current Ratio (A: Feb. 2025 )=Total Current Assets (A: Feb. 2025 )/Total Current Liabilities (A: Feb. 2025 )
=0.664/0.615
=1.08

First Andes Silver's Current Ratio for the quarter that ended in Nov. 2025 is calculated as

Current Ratio (Q: Nov. 2025 )=Total Current Assets (Q: Nov. 2025 )/Total Current Liabilities (Q: Nov. 2025 )
=0.434/0.371
=1.17

* 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 1.17 mean?
First Andes Silver (FASLF) has a Current Ratio of 1.17 as of Nov. 2025. This is near median its historical median of 1.08. Over the past decade, First Andes Silver's Current Ratio has ranged from 0.04 to 27.76. According to the industry distribution chart, First Andes Silver ranks #1906 out of 2638 companies in the Metals & Mining industry, placing it in the top 72.3%.
Is First Andes Silver's Current Ratio too high?
First Andes Silver's current Current Ratio of 1.17 is near median its 10-year median of 1.08. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 27.76. The Metals & Mining industry median Current Ratio is 2.64. First Andes Silver's value of 1.17 is 55.7% below this industry median. Based on the distribution chart, First Andes Silver ranks #1906 out of 2638 companies in the Metals & Mining industry, which is below the industry midpoint.
How does First Andes Silver's Current Ratio compare to HL?
According to the Metals & Mining industry distribution chart, First Andes Silver ranks #1906 out of 2638 companies for Current Ratio. This places First Andes Silver in the lower half of its industry. The industry median Current Ratio is 2.64. First Andes Silver's value of 1.17 is 55.7% below this benchmark. Historically, First Andes Silver's own Current Ratio has ranged from 0.04 to 27.76 over the past decade. While the company's 10-year median is 1.08 vs. the industry median of 2.64, First Andes Silver 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 2.64, 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. First Andes Silver's current Current Ratio of 1.17 is 55.7% 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 2.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Andes Silver's current Current Ratio is 1.17, which is near median its own 10-year median of 1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Andes Silver stock overvalued right now?
First Andes Silver (FASLF) has a current Current Ratio of 1.17. The current Current Ratio is 1.17, which is near median its 10-year median of 1.08 and 55.7% below 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 First Andes Silver (FASLF), the current Current Ratio is 1.17 as of Nov. 2025. 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.

First Andes Silver Business Description

Other Exchanges 9TZ0:GermanyFAS:Canada
Address 1100 - 1199 West Hastings Street, Vancouver, BC, CAN, V6E 3T5
First Andes Silver Ltd is an exploration-stage company focusing on mineral properties in Peru. It owns a hundred percent interest in the high-grade Santas Gloria silver property, located approximately one hundred kilometers from Lima, Peru.