Sphere 3DFRA:8S30 -3.79%56 Current Ratio is 3.90 as of Mar. 2026, which is 255% above its 10-year median of 1.10. GuruFocus rates FRA:8S30 with a GF Score™ of 56/100 and a GF Value™ of €2.70 (Fairly Valued). The stock has 4 warning signs investors should review. Among 687 Capital Markets companies, Sphere 3D ranks better than 65.07% 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. Sphere 3D's current ratio for the quarter that ended in Mar. 2026 was 3.90.
Sphere 3D has a current ratio of 3.90. 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 Sphere 3D's Current Ratio or its related term are showing as below:
FRA:8S30'
s Current Ratio Range Over the Past 10 Years
Min: 0.24 Med: 1.1 Max: 32.44
Current: 3.9
During the past 13 years, Sphere 3D's highest Current Ratio was 32.44. The lowest was 0.24. And the median was 1.10.
FRA:8S30's Current Ratio is ranked better than 65.07% of 687
companies
in the Capital Markets industry
Industry Median: 2.34
vs FRA:8S30: 3.90
Sphere 3D (FRA:8S30) 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.
Sphere 3D Current Ratio Related Terms
Sphere 3D Current Ratio Historical Data
* Premium members only.
The historical data trend for Sphere 3D'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:8S30 vs NCPL, MEGL, ITEX: Current Ratio Comparison
For the Capital Markets subindustry, Sphere 3D'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.
Sphere 3D Current Ratio vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Sphere 3D's Current Ratio distribution charts can be found below:
* The bar in red indicates where Sphere 3D'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.
Sphere 3D (FRA:8S30) has a Current Ratio of 3.90 as of Mar. 2026. This is 255% above median its historical median of 1.10. Over the past decade, Sphere 3D's Current Ratio has ranged from 0.24 to 32.44. According to the industry distribution chart, Sphere 3D ranks #240 out of 687 companies in the Capital Markets industry, placing it in the top 34.9%.
Is Sphere 3D's Current Ratio too high?
Sphere 3D's current Current Ratio of 3.90 is 255% above median its 10-year median of 1.10. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 32.44. The Capital Markets industry median Current Ratio is 2.34. Sphere 3D's value of 3.90 is 66.7% above this industry median. Based on the distribution chart, Sphere 3D ranks #240 out of 687 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Sphere 3D has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sphere 3D's Current Ratio compare to NCPL and MEGL?
According to the Capital Markets industry distribution chart, Sphere 3D ranks #240 out of 687 companies for Current Ratio. This puts Sphere 3D in the upper half of its industry. The industry median Current Ratio is 2.34. Sphere 3D's value of 3.90 is 66.7% above this benchmark. Historically, Sphere 3D's own Current Ratio has ranged from 0.24 to 32.44 over the past decade. While the company's 10-year median is 1.10 vs. the industry median of 2.34, Sphere 3D 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 Capital Markets company?
The median Current Ratio among Capital Markets companies is 2.34, based on 687 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. Sphere 3D's current Current Ratio of 3.90 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 Capital Markets industry, the median Current Ratio is 2.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sphere 3D's current Current Ratio is 3.90, which is 255% above median its own 10-year median of 1.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sphere 3D stock overvalued right now?
Based on GuruFocus' analysis, Sphere 3D (FRA:8S30) is currently considered Fairly Valued. The stock's GF Value™ is €2.70, compared to a current price of €2.54 — trading 5.9% below its estimated fair value. The current Current Ratio is 3.90, which is 255% above median its 10-year median of 1.10 and 66.7% above the Capital Markets industry median of 2.34. Sphere 3D's overall GF Score™ is 56/100 with 4 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 Sphere 3D (FRA:8S30), the current Current Ratio is 3.90 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 Sphere 3D (FRA:8S30) Overvalued in 2026?
Based on GuruFocus' analysis, Sphere 3D stock appears to be undervalued.
The current stock price of €2.54 is trading 5.9% below its estimated GF Value™ of €2.70.
GuruFocus considers Sphere 3D to be Fairly Valued.
Key valuation signals for FRA:8S30:
Current Ratio: 3.90 (255% above median its 10-year median of 1.10)
GF Value™: €2.70 vs. price of €2.54 (5.9% below fair value)
Industry Position: 66.7% above the Capital Markets median (#240 of 687)
No single metric tells the full story. See the FRA:8S30 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sphere 3D Corp is engaged in the Bitcoin mining business. The company has established an enterprise-scale mining operation through the procurement of mining equipment and partnering with experienced service providers. It generates revenue from mining and selling Bitcoin.
56GF Score
Get the complete analysis for FRA:8S30
Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:8S30 has been successfully added to your 
