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.
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.
Mercan Kimyanayi ve Ticaret AS (IST:MERCN) 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.
Mercan Kimyanayi ve Ticaret AS Current Ratio Related Terms
Mercan Kimyanayi ve Ticaret AS 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.
Mercan Kimyanayi ve Ticaret AS Current Ratio Chart
IST:MERCN vs LIN, SHW, ECL: Current Ratio Comparison
For the Specialty Chemicals subindustry, Mercan Kimyanayi ve Ticaret AS'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.
Mercan Kimyanayi ve Ticaret AS Current Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Mercan Kimyanayi ve Ticaret AS's Current Ratio distribution charts can be found below:
* The bar in red indicates where Mercan Kimyanayi ve Ticaret AS'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.
Mercan Kimyanayi ve Ticaret AS (IST:MERCN) has a Current Ratio of 1.27 as of Mar. 2026. This is near median its historical median of 1.28. Over the past decade, Mercan Kimyanayi ve Ticaret AS's Current Ratio has ranged from 0.90 to 2.17. According to the industry distribution chart, Mercan Kimyanayi ve Ticaret AS ranks #1192 out of 1605 companies in the Chemicals industry, placing it in the top 74.3%.
Is Mercan Kimyanayi ve Ticaret AS's Current Ratio too high?
Mercan Kimyanayi ve Ticaret AS's current Current Ratio of 1.27 is near median its 10-year median of 1.28. Over the past 10 years, this metric has ranged from a low of 0.90 to a high of 2.17. The Chemicals industry median Current Ratio is 1.88. Mercan Kimyanayi ve Ticaret AS's value of 1.27 is 32.4% below this industry median. Based on the distribution chart, Mercan Kimyanayi ve Ticaret AS ranks #1192 out of 1605 companies in the Chemicals industry, which is below the industry midpoint. Overall, Mercan Kimyanayi ve Ticaret AS has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mercan Kimyanayi ve Ticaret AS's Current Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Mercan Kimyanayi ve Ticaret AS ranks #1192 out of 1605 companies for Current Ratio. This places Mercan Kimyanayi ve Ticaret AS in the lower half of its industry. The industry median Current Ratio is 1.88. Mercan Kimyanayi ve Ticaret AS's value of 1.27 is 32.4% below this benchmark. Historically, Mercan Kimyanayi ve Ticaret AS's own Current Ratio has ranged from 0.90 to 2.17 over the past decade. While the company's 10-year median is 1.28 vs. the industry median of 1.88, Mercan Kimyanayi ve Ticaret AS has consistently been below 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 Chemicals company?
The median Current Ratio among Chemicals companies is 1.88, based on 1,605 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. Mercan Kimyanayi ve Ticaret AS's current Current Ratio of 1.27 is 32.4% below 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 Chemicals industry, the median Current Ratio is 1.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mercan Kimyanayi ve Ticaret AS's current Current Ratio is 1.27, which is near median its own 10-year median of 1.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercan Kimyanayi ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Mercan Kimyanayi ve Ticaret AS (IST:MERCN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺11.95, compared to a current price of ₺21.14 — trading 76.9% above its estimated fair value. The current Current Ratio is 1.27, which is near median its 10-year median of 1.28 and 32.4% below the Chemicals industry median of 1.88. Mercan Kimyanayi ve Ticaret AS's overall GF Score™ is 70/100 with 6 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 Mercan Kimyanayi ve Ticaret AS (IST:MERCN), the current Current Ratio is 1.27 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 Mercan Kimyanayi ve Ticaret AS (IST:MERCN) Overvalued in 2026?
Based on GuruFocus' analysis, Mercan Kimyanayi ve Ticaret AS stock appears to be overvalued.
The current stock price of ₺21.14 is trading 76.9% above its estimated GF Value™ of ₺11.95.
GuruFocus considers Mercan Kimyanayi ve Ticaret AS to be Significantly Overvalued.
Key valuation signals for IST:MERCN:
Current Ratio: 1.27 (near median its 10-year median of 1.28)
GF Value™: ₺11.95 vs. price of ₺21.14 (76.9% above fair value)
Industry Position: 32.4% below the Chemicals median (#1192 of 1605)
No single metric tells the full story. See the IST:MERCN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mercan Kimya Sanayi ve Ticaret AS is engaged in the business of producing, buying, and selling paraffin, emulsion, vaseline and liquid paraffin. It has three group companies under its roof. One of these companies trades cosmetics, detergents, and industrial products in Turkey and abroad. The other company's main activity is to produce, buy and sell paraffin and emulsion for domestic and international markets.
70GF Score
Get the complete analysis for IST:MERCN
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
IST:MERCN has been successfully added to your 
