Keyera (FRA:K2Y) Current Ratio: 1.60 (As of Mar. 2026) — 42% Above Median


FRA:K2Y Keyera Corp FRA:K2Y
80 GF Score
Price €34.60
GF Value €25.29
Valuation Significantly Overvalued
! 11 Warning Signs
View Full Analysis

What is Keyera Current Ratio?

Keyera FRA:K2Y -0.57% 80 Current Ratio is 1.60 as of Mar. 2026, which is 42% above its 10-year median of 1.13. GuruFocus rates FRA:K2Y with a GF Score™ of 80/100 and a GF Value™ of €25.29 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 1,013 Oil & Gas companies, Keyera ranks better than 57.55% 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. Keyera's current ratio for the quarter that ended in Mar. 2026 was 1.60.

Keyera has a current ratio of 1.60. It generally indicates good short-term financial strength.

The historical rank and industry rank for Keyera's Current Ratio or its related term are showing as below:

FRA:K2Y' s Current Ratio Range Over the Past 10 Years
Min: 0.8   Med: 1.13   Max: 1.88
Current: 1.6

During the past 13 years, Keyera's highest Current Ratio was 1.88. The lowest was 0.80. And the median was 1.13.

FRA:K2Y's Current Ratio is ranked better than
57.55% of 1013 companies
in the Oil & Gas industry
Industry Median: 1.34 vs FRA:K2Y: 1.60

Keyera  (FRA:K2Y) 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.


Keyera Current Ratio Related Terms


Keyera Current Ratio Historical Data

* Premium members only.

The historical data trend for Keyera'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.

Keyera Current Ratio Chart

Keyera Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.20 1.11 1.34 0.95 1.76

Keyera Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.01 1.00 1.88 1.76 1.60

FRA:K2Y vs WMB, EPD, KMI: Current Ratio Comparison

For the Oil & Gas Midstream subindustry, Keyera'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.


Keyera Current Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Keyera's Current Ratio distribution charts can be found below:

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


FRA:K2Y
80GF Score
Keyera Corp FRA:K2Y
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Keyera 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.

Keyera's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=3283.892/1867.274
=1.76

Keyera'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 )
=3495.09/2178.061
=1.60

* 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 1.60 mean?
Keyera (FRA:K2Y) has a Current Ratio of 1.60 as of Mar. 2026. This is 42% above median its historical median of 1.13. Over the past decade, Keyera's Current Ratio has ranged from 0.80 to 1.88. According to the industry distribution chart, Keyera ranks #430 out of 1013 companies in the Oil & Gas industry, placing it in the top 42.4%.
Is Keyera's Current Ratio too high?
Keyera's current Current Ratio of 1.60 is 42% above median its 10-year median of 1.13. Over the past 10 years, this metric has ranged from a low of 0.80 to a high of 1.88. The Oil & Gas industry median Current Ratio is 1.34. Keyera's value of 1.60 is 19.4% above this industry median. Based on the distribution chart, Keyera ranks #430 out of 1013 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Keyera has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Keyera's Current Ratio compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, Keyera ranks #430 out of 1013 companies for Current Ratio. This puts Keyera in the upper half of its industry. The industry median Current Ratio is 1.34. Keyera's value of 1.60 is 19.4% above this benchmark. Historically, Keyera's own Current Ratio has ranged from 0.80 to 1.88 over the past decade. While the company's 10-year median is 1.13 vs. the industry median of 1.34, Keyera 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 an Oil & Gas company?
The median Current Ratio among Oil & Gas companies is 1.34, based on 1,013 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. Keyera's current Current Ratio of 1.60 is 19.4% 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 Oil & Gas industry, the median Current Ratio is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Keyera's current Current Ratio is 1.60, which is 42% above median its own 10-year median of 1.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keyera stock overvalued right now?
Based on GuruFocus' analysis, Keyera (FRA:K2Y) is currently considered Significantly Overvalued. The stock's GF Value™ is €25.29, compared to a current price of €34.60 — trading 36.8% above its estimated fair value. The current Current Ratio is 1.60, which is 42% above median its 10-year median of 1.13 and 19.4% above the Oil & Gas industry median of 1.34. Keyera's overall GF Score™ is 80/100 with 11 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 Keyera (FRA:K2Y), the current Current Ratio is 1.60 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 Keyera (FRA:K2Y) Overvalued in 2026?

Based on GuruFocus' analysis, Keyera stock appears to be overvalued. The current stock price of €34.60 is trading 36.8% above its estimated GF Value™ of €25.29. GuruFocus considers Keyera to be Significantly Overvalued.

Key valuation signals for FRA:K2Y:

  • Current Ratio: 1.60 (42% above median its 10-year median of 1.13)
  • GF Value™: €25.29 vs. price of €34.60 (36.8% above fair value)
  • GF Score™: 80/100 with 11 warning signs
  • Industry Position: 19.4% above the Oil & Gas median (#430 of 1013)

No single metric tells the full story. See the FRA:K2Y stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Keyera Business Description

Industry EnergyOil & Gas
Other Exchanges KEYUF:USAKEY:Canada
Address 144 - 4th Avenue SW, Suite 200, The Ampersand, West Tower, Calgary, AB, CAN, T2P 3N4
Keyera Corp is a midstream energy business that operates out of Alberta. Its primary lines of business consist of the gathering and processing of natural gas in western Canada, the storage, transportation, and liquids blending for natural gas liquids and crude oil, and the marketing of natural gas liquids, iso-octane, and crude oil. The company operates in three reportable segments namely Gathering and Processing, Liquids Infrastructure and Marketing where Liquids Infrastructure is the key revenue segment.
80GF Score

Get the complete analysis for FRA:K2Y

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€34.60
Price
€25.29
GF Value