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. Patriot Resources's current ratio for the quarter that ended in Mar. 2026 was 12.82.
Patriot Resources has a current ratio of 12.82. 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 Patriot Resources's Current Ratio or its related term are showing as below:
FDOGF'
s Current Ratio Range Over the Past 10 Years
Min: 5.63 Med: 12.83 Max: 26.12
Current: 12.83
During the past 5 years, Patriot Resources's highest Current Ratio was 26.12. The lowest was 5.63. And the median was 12.83.
FDOGF's Current Ratio is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 1.73
vs FDOGF: 12.83
Patriot Resources (OTCPK:FDOGF) 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.
Patriot Resources Current Ratio Related Terms
Patriot Resources Current Ratio Historical Data
* Premium members only.
The historical data trend for Patriot Resources'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 Household & Personal Products subindustry, Patriot Resources'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.
Patriot Resources Current Ratio vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Patriot Resources's Current Ratio distribution charts can be found below:
* The bar in red indicates where Patriot Resources'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.
Patriot Resources (FDOGF) has a Current Ratio of 12.82 as of Mar. 2026. This is near median its historical median of 12.83. Over the past decade, Patriot Resources' Current Ratio has ranged from 5.63 to 26.12.
Is Patriot Resources' Current Ratio too high?
Patriot Resources' current Current Ratio of 12.82 is near median its 10-year median of 12.83. Over the past 10 years, this metric has ranged from a low of 5.63 to a high of 26.12. The Consumer Packaged Goods industry median Current Ratio is 1.73. Patriot Resources' value of 12.82 is 641% above this industry median. Overall, Patriot Resources has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Patriot Resources' Current Ratio compare to PG and CL?
Patriot Resources' Current Ratio of 12.82 can be compared against companies in the Consumer Packaged Goods industry. The industry median Current Ratio is 1.73. Patriot Resources' value of 12.82 is 641% above this benchmark. Historically, Patriot Resources' own Current Ratio has ranged from 5.63 to 26.12 over the past decade. While the company's 10-year median is 12.83 vs. the industry median of 1.73, Patriot Resources 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 Consumer Packaged Goods company?
The median Current Ratio among Consumer Packaged Goods companies is 1.73, based on 1,988 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. Patriot Resources's current Current Ratio of 12.82 is 641% 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 Consumer Packaged Goods industry, the median Current Ratio is 1.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Patriot Resources's current Current Ratio is 12.82, which is near median its own 10-year median of 12.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Patriot Resources stock overvalued right now?
Patriot Resources (FDOGF) has a current Current Ratio of 12.82. The current Current Ratio is 12.82, which is near median its 10-year median of 12.83 and 641% above the Consumer Packaged Goods industry median of 1.73. Patriot Resources' overall GF Score™ is 32/100 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 Patriot Resources (FDOGF), the current Current Ratio is 12.82 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.
Patriot Resources Corp is engaged in creating premium pet care products that are formulated with natural, ethically sourced ingredients; and are non-GMO and sulfate, paraben, and cruelty free for direct business to consumer sales. The company had one operating segment, being the manufacture of hair care and pet care products.
32GF Score
Get the complete analysis for FDOGF
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