Nevada Lithium ResourcesFRA:87K +4.81%36 Current Ratio is 4.40 as of Jan. 2026, which is 3% below its 10-year median of 4.53. GuruFocus rates FRA:87K with a GF Score™ of 36/100. The stock has 1 warning sign investors should review. Among 2,636 Metals & Mining companies, Nevada Lithium Resources ranks better than 63.09% 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. Nevada Lithium Resources's current ratio for the quarter that ended in Jan. 2026 was 4.40.
Nevada Lithium Resources has a current ratio of 4.40. 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 Nevada Lithium Resources's Current Ratio or its related term are showing as below:
FRA:87K'
s Current Ratio Range Over the Past 10 Years
Min: 0.08 Med: 4.53 Max: 37.92
Current: 4.37
During the past 5 years, Nevada Lithium Resources's highest Current Ratio was 37.92. The lowest was 0.08. And the median was 4.53.
FRA:87K's Current Ratio is ranked better than 63.09% of 2636
companies
in the Metals & Mining industry
Industry Median: 2.64
vs FRA:87K: 4.37
Nevada Lithium Resources (FRA:87K) 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.
Nevada Lithium Resources Current Ratio Related Terms
Nevada Lithium Resources Current Ratio Historical Data
* 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.
Nevada Lithium Resources Current Ratio Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Nevada Lithium 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.
Nevada Lithium Resources Current Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Nevada Lithium Resources's Current Ratio distribution charts can be found below:
* The bar in red indicates where Nevada Lithium 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.
Nevada Lithium Resources (FRA:87K) has a Current Ratio of 4.40 as of Jan. 2026. This is near median its historical median of 4.53. Over the past decade, Nevada Lithium Resources' Current Ratio has ranged from 0.08 to 37.92. According to the industry distribution chart, Nevada Lithium Resources ranks #973 out of 2636 companies in the Metals & Mining industry, placing it in the top 36.9%.
Is Nevada Lithium Resources' Current Ratio too high?
Nevada Lithium Resources' current Current Ratio of 4.40 is near median its 10-year median of 4.53. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 37.92. The Metals & Mining industry median Current Ratio is 2.64. Nevada Lithium Resources' value of 4.40 is 66.7% above this industry median. Based on the distribution chart, Nevada Lithium Resources ranks #973 out of 2636 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Nevada Lithium Resources has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Nevada Lithium Resources' Current Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Nevada Lithium Resources ranks #973 out of 2636 companies for Current Ratio. This puts Nevada Lithium Resources in the upper half of its industry. The industry median Current Ratio is 2.64. Nevada Lithium Resources' value of 4.40 is 66.7% above this benchmark. Historically, Nevada Lithium Resources' own Current Ratio has ranged from 0.08 to 37.92 over the past decade. While the company's 10-year median is 4.53 vs. the industry median of 2.64, Nevada Lithium 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 Metals & Mining company?
The median Current Ratio among Metals & Mining companies is 2.64, based on 2,636 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. Nevada Lithium Resources's current Current Ratio of 4.40 is 66.7% 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. Nevada Lithium Resources's current Current Ratio is 4.40, which is near median its own 10-year median of 4.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nevada Lithium Resources stock overvalued right now?
Nevada Lithium Resources (FRA:87K) has a current Current Ratio of 4.40. The current Current Ratio is 4.40, which is near median its 10-year median of 4.53 and 66.7% above the Metals & Mining industry median of 2.64. Nevada Lithium Resources' overall GF Score™ is 36/100 with 1 warning sign 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 Nevada Lithium Resources (FRA:87K), the current Current Ratio is 4.40 as of Jan. 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.
Nevada Lithium Resources Inc is in the business of the exploration, evaluation, and development of mineral properties. Its project involves the Bonnie Claire Project is located in Nye County.
36GF Score
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