Latin Explore (FRA:995) Current Ratio: 4.64 (As of Mar. 2026)

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FRA:995 Latin Explore Inc FRA:995
11 GF Score
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What is Latin Explore Current Ratio?

Latin Explore FRA:995 11 Current Ratio is 4.64 as of Mar. 2026. GuruFocus rates FRA:995 with a GF Score™ of 11/100. Among 2,637 Metals & Mining companies, Latin Explore ranks worse than 37921.84% 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. Latin Explore's current ratio for the quarter that ended in Mar. 2026 was 4.64.

Latin Explore has a current ratio of 4.64. 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 Latin Explore's Current Ratio or its related term are showing as below:

FRA:995's Current Ratio is not ranked *
in the Metals & Mining industry.
Industry Median: 2.64
* Ranked among companies with meaningful Current Ratio only.

Latin Explore  (FRA:995) 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.


Latin Explore Current Ratio Related Terms


Latin Explore Current Ratio Historical Data

* Premium members only.

The historical data trend for Latin Explore'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.

Latin Explore Current Ratio Chart

Latin Explore Annual Data
Trend
Current Ratio

Latin Explore Semi-Annual Data
Mar26
Current Ratio 4.64

FRA:995 vs SCCO, FCX: Current Ratio Comparison

For the Copper subindustry, Latin Explore'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.


Latin Explore Current Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Latin Explore's Current Ratio falls into.


FRA:995
11GF Score
Latin Explore Inc FRA:995
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Latin Explore 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.

Latin Explore's Current Ratio for the fiscal year that ended in . 20 is calculated as

Current Ratio (A: . 20 )=Total Current Assets (A: . 20 )/Total Current Liabilities (A: . 20 )
=/
=

Latin Explore's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=1.765/0.38
=4.64

* 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 4.64 mean?
Latin Explore (FRA:995) has a Current Ratio of 4.64 as of Mar. 2026. According to the industry distribution chart, Latin Explore ranks #999999 out of 2637 companies in the Metals & Mining industry.
Is Latin Explore's Current Ratio too high?
Latin Explore's current Current Ratio is 4.64. The Metals & Mining industry median Current Ratio is 2.64. Latin Explore's value of 4.64 is 75.8% above this industry median. Based on the distribution chart, Latin Explore ranks #999999 out of 2637 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Latin Explore has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Latin Explore's Current Ratio compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Latin Explore ranks #999999 out of 2637 companies for Current Ratio. This places Latin Explore in the lower half of its industry. The industry median Current Ratio is 2.64. Latin Explore's value of 4.64 is 75.8% above this benchmark. 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 2,637 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. Latin Explore's current Current Ratio of 4.64 is 75.8% 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. Latin Explore's current Current Ratio is 4.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Latin Explore stock overvalued right now?
Latin Explore (FRA:995) has a current Current Ratio of 4.64. The current Current Ratio is 4.64 and 75.8% above the Metals & Mining industry median of 2.64. Latin Explore's overall GF Score™ is 11/100. 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 Latin Explore (FRA:995), the current Current Ratio is 4.64 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.

Latin Explore Business Description

Other Exchanges LXE:Canada
Address 320 Granville Street, Suite 870, Vancouver, BC, CAN, V6C 1S9
Latin Explore Inc is a copper-gold exploration company focused on advancing high-quality projects in South America. The company currently holds copper exploration assets in Peru and is focused on exploration, drilling, and discovery.
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Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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