GreenLight Metals (FRA:W8I) Current Ratio: 8.64 (As of Mar. 2026) — 2300% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:W8I GreenLight Metals Inc FRA:W8I
22 GF Score
Price €0.17
View Full Analysis

What is GreenLight Metals Current Ratio?

GreenLight Metals FRA:W8I +9.43% 22 Current Ratio is 8.64 as of Mar. 2026, which is 2300% above its 10-year median of 0.36. GuruFocus rates FRA:W8I with a GF Score™ of 22/100. Among 2,634 Metals & Mining companies, GreenLight Metals ranks better than 76.31% 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. GreenLight Metals's current ratio for the quarter that ended in Mar. 2026 was 8.64.

GreenLight Metals has a current ratio of 8.64. 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 GreenLight Metals's Current Ratio or its related term are showing as below:

FRA:W8I' s Current Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.36   Max: 10.29
Current: 8.65

During the past 6 years, GreenLight Metals's highest Current Ratio was 10.29. The lowest was 0.07. And the median was 0.36.

FRA:W8I's Current Ratio is ranked better than
76.31% of 2634 companies
in the Metals & Mining industry
Industry Median: 2.625 vs FRA:W8I: 8.65

GreenLight Metals  (FRA:W8I) 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.


GreenLight Metals Current Ratio Related Terms


GreenLight Metals Current Ratio Historical Data

* Premium members only.

The historical data trend for GreenLight Metals'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.

GreenLight Metals Current Ratio Chart

GreenLight Metals Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial 0.17 0.32 0.11 0.95 10.30

GreenLight Metals 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 3.19 7.93 2.09 10.30 8.64

GreenLight Metals Current Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, GreenLight Metals'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.


GreenLight Metals Current Ratio vs Metals & Mining Industry

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

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


FRA:W8I
22GF Score
GreenLight Metals Inc FRA:W8I
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GreenLight Metals 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.

GreenLight Metals'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 )
=6.786/0.659
=10.30

GreenLight Metals'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 )
=6.085/0.704
=8.64

* 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 8.64 mean?
GreenLight Metals (FRA:W8I) has a Current Ratio of 8.64 as of Mar. 2026. This is 2300% above median its historical median of 0.36. Over the past decade, GreenLight Metals' Current Ratio has ranged from 0.07 to 10.29. According to the industry distribution chart, GreenLight Metals ranks #624 out of 2634 companies in the Metals & Mining industry, placing it in the top 23.7%.
Is GreenLight Metals' Current Ratio too high?
GreenLight Metals' current Current Ratio of 8.64 is 2300% above median its 10-year median of 0.36. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 10.29. The Metals & Mining industry median Current Ratio is 2.63. GreenLight Metals' value of 8.64 is 229.1% above this industry median. Based on the distribution chart, GreenLight Metals ranks #624 out of 2634 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, GreenLight Metals has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does GreenLight Metals' Current Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, GreenLight Metals ranks #624 out of 2634 companies for Current Ratio. This places GreenLight Metals in the top 24% of its industry — outperforming the majority of peers. The industry median Current Ratio is 2.63. GreenLight Metals' value of 8.64 is 229.1% above this benchmark. Historically, GreenLight Metals' own Current Ratio has ranged from 0.07 to 10.29 over the past decade. While the company's 10-year median is 0.36 vs. the industry median of 2.63, GreenLight Metals 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 2.63, based on 2,634 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. GreenLight Metals's current Current Ratio of 8.64 is 229.1% 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 2.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GreenLight Metals's current Current Ratio is 8.64, which is 2300% above median its own 10-year median of 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GreenLight Metals stock overvalued right now?
GreenLight Metals (FRA:W8I) has a current Current Ratio of 8.64. The current Current Ratio is 8.64, which is 2300% above median its 10-year median of 0.36 and 229.1% above the Metals & Mining industry median of 2.63. GreenLight Metals' overall GF Score™ is 22/100. 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 GreenLight Metals (FRA:W8I), the current Current Ratio is 8.64 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.

GreenLight Metals Business Description

Other Exchanges GRLMF:USAGRL:Canada
Address 141 Adelaide Street W, Suite 520, Toronto, ON, CAN, M5H 3L5
GreenLight Metals Inc is engaged in the acquisition, exploration, and evaluation of mineral property interests. Its mission is to expand known mineral resources and make new discoveries on one of North America's prolific yet underexplored volcanogenic massive sulfide (VMS) greenstone belts. The Belt's deposits are rich in the clean energy metals copper and zinc, as well as gold, that are required to power the imminent green, low-carbon economy. The company's project includes the Reef Gold Project, the Bend Project, the Lobo Property, the Lobo East Property, and the Kalium Canyon Property.
22GF Score

Get the complete analysis for FRA:W8I

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

€0.17
Price