Air WaterFRA:0AW -2.97%86 Current Ratio is 1.38 as of Sep. 2025, which is 3% above its 10-year median of 1.34. GuruFocus rates FRA:0AW with a GF Score™ of 86/100 and a GF Value™ of €11.77 (Modestly Overvalued). The stock has 14 warning signs investors should review. Among 1,610 Chemicals companies, Air Water ranks worse than 70% 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. Air Water's current ratio for the quarter that ended in Sep. 2025 was 1.38.
Air Water has a current ratio of 1.38. It generally indicates good short-term financial strength.
The historical rank and industry rank for Air Water's Current Ratio or its related term are showing as below:
FRA:0AW'
s Current Ratio Range Over the Past 10 Years
Min: 0.95 Med: 1.34 Max: 1.52
Current: 1.38
During the past 13 years, Air Water's highest Current Ratio was 1.52. The lowest was 0.95. And the median was 1.34.
FRA:0AW's Current Ratio is ranked worse than 70% of 1610
companies
in the Chemicals industry
Industry Median: 1.89
vs FRA:0AW: 1.38
Air Water (FRA:0AW) 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.
Air Water Current Ratio Related Terms
Air Water Current Ratio Historical Data
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The historical data trend for Air Water'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.
FRA:0AW vs LIN, SHW, ECL: Current Ratio Comparison
For the Specialty Chemicals subindustry, Air Water'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.
Air Water Current Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Air Water's Current Ratio distribution charts can be found below:
* The bar in red indicates where Air Water'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.
Air Water (FRA:0AW) has a Current Ratio of 1.38 as of Sep. 2025. This is near median its historical median of 1.34. Over the past decade, Air Water's Current Ratio has ranged from 0.95 to 1.52. According to the industry distribution chart, Air Water ranks #1127 out of 1610 companies in the Chemicals industry, placing it in the top 70%.
Is Air Water's Current Ratio too high?
Air Water's current Current Ratio of 1.38 is near median its 10-year median of 1.34. Over the past 10 years, this metric has ranged from a low of 0.95 to a high of 1.52. The Chemicals industry median Current Ratio is 1.89. Air Water's value of 1.38 is 27% below this industry median. Based on the distribution chart, Air Water ranks #1127 out of 1610 companies in the Chemicals industry, which is below the industry midpoint. Overall, Air Water has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Air Water's Current Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Air Water ranks #1127 out of 1610 companies for Current Ratio. This places Air Water in the lower half of its industry. The industry median Current Ratio is 1.89. Air Water's value of 1.38 is 27% below this benchmark. Historically, Air Water's own Current Ratio has ranged from 0.95 to 1.52 over the past decade. While the company's 10-year median is 1.34 vs. the industry median of 1.89, Air Water 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 Chemicals company?
The median Current Ratio among Chemicals companies is 1.89, based on 1,610 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. Air Water's current Current Ratio of 1.38 is 27% 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 Chemicals industry, the median Current Ratio is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Air Water's current Current Ratio is 1.38, which is near median its own 10-year median of 1.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air Water stock overvalued right now?
Based on GuruFocus' analysis, Air Water (FRA:0AW) is currently considered Modestly Overvalued. The stock's GF Value™ is €11.77, compared to a current price of €14.36 — trading 22% above its estimated fair value. The current Current Ratio is 1.38, which is near median its 10-year median of 1.34 and 27% below the Chemicals industry median of 1.89. Air Water's overall GF Score™ is 86/100 with 14 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 Air Water (FRA:0AW), the current Current Ratio is 1.38 as of Sep. 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.
Is Air Water (FRA:0AW) Overvalued in 2026?
Based on GuruFocus' analysis, Air Water stock appears to be overvalued.
The current stock price of €14.36 is trading 22% above its estimated GF Value™ of €11.77.
GuruFocus considers Air Water to be Modestly Overvalued.
Key valuation signals for FRA:0AW:
Current Ratio: 1.38 (near median its 10-year median of 1.34)
GF Value™: €11.77 vs. price of €14.36 (22% above fair value)
Industry Position: 27% below the Chemicals median (#1127 of 1610)
No single metric tells the full story. See the FRA:0AW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Air Water Inc is a diversified conglomerate engaged in the supply of industrial gases and various other businesses and services. The company operates through five segments. The Agri & Foods segment covers the processing and distribution of fruits and vegetables, frozen foods, meat products, and contract manufacturing of beverages. The Digital & Industry segment focuses on industrial gases, electrical, and functional materials. The Energy Solutions segment deals with LP gas, kerosene, and related equipment. The Health & Safety segment provides medical gases, dental and protective materials, hospital equipment, and home medical care services. The Other Businesses segment includes logistics, salt production, overseas industrial gas operations, biomass power, and high-output UPS solutions.
86GF Score
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