JGLDF (Japan Gold) Current Ratio: 4.50 (As of Mar. 2026) — 11% Below Median


What is Japan Gold Current Ratio?

Japan Gold JGLDF Current Ratio is 4.50 as of Mar. 2026, which is 11% below its 10-year median of 5.07. The stock has 2 warning signs investors should review. Among 2,638 Metals & Mining companies, Japan Gold ranks better than 63.46% 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. Japan Gold's current ratio for the quarter that ended in Mar. 2026 was 4.50.

Japan Gold has a current ratio of 4.50. 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 Japan Gold's Current Ratio or its related term are showing as below:

JGLDF' s Current Ratio Range Over the Past 10 Years
Min: 0.35   Med: 5.07   Max: 71.4
Current: 4.5

During the past 13 years, Japan Gold's highest Current Ratio was 71.40. The lowest was 0.35. And the median was 5.07.

JGLDF's Current Ratio is ranked better than
63.46% of 2638 companies
in the Metals & Mining industry
Industry Median: 2.64 vs JGLDF: 4.50

Japan Gold  (OTCPK:JGLDF) 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.


Japan Gold Current Ratio Related Terms


Japan Gold Current Ratio Historical Data

* Premium members only.

The historical data trend for Japan Gold'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.

Japan Gold Current Ratio Chart

Japan Gold 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 11.58 2.27 3.41 0.93 5.10

Japan Gold 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 5.89 3.38 10.40 5.10 4.50

JGLDF vs NEM, AU: Current Ratio Comparison

For the Gold subindustry, Japan Gold'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.


Japan Gold Current Ratio vs Metals & Mining Industry

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

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



Japan Gold 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.

Japan Gold'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 )
=2.399/0.47
=5.10

Japan Gold'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 )
=1.356/0.301
=4.50

* 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 4.50 mean?
Japan Gold (JGLDF) has a Current Ratio of 4.50 as of Mar. 2026. This is 11% below median its historical median of 5.07. Over the past decade, Japan Gold's Current Ratio has ranged from 0.35 to 71.40. According to the industry distribution chart, Japan Gold ranks #964 out of 2638 companies in the Metals & Mining industry, placing it in the top 36.5%.
Is Japan Gold's Current Ratio too high?
Japan Gold's current Current Ratio of 4.50 is 11% below median its 10-year median of 5.07. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 71.40. The Metals & Mining industry median Current Ratio is 2.64. Japan Gold's value of 4.50 is 70.5% above this industry median. Based on the distribution chart, Japan Gold ranks #964 out of 2638 companies in the Metals & Mining industry, which is above the industry midpoint.
How does Japan Gold's Current Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Japan Gold ranks #964 out of 2638 companies for Current Ratio. This puts Japan Gold in the upper half of its industry. The industry median Current Ratio is 2.64. Japan Gold's value of 4.50 is 70.5% above this benchmark. Historically, Japan Gold's own Current Ratio has ranged from 0.35 to 71.40 over the past decade. While the company's 10-year median is 5.07 vs. the industry median of 2.64, Japan Gold 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 2.64, based on 2,638 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. Japan Gold's current Current Ratio of 4.50 is 70.5% 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. Japan Gold's current Current Ratio is 4.50, which is 11% below median its own 10-year median of 5.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Gold stock overvalued right now?
Japan Gold (JGLDF) has a current Current Ratio of 4.50. The current Current Ratio is 4.50, which is 11% below median its 10-year median of 5.07 and 70.5% above the Metals & Mining industry median of 2.64. 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 Japan Gold (JGLDF), the current Current Ratio is 4.50 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.

Japan Gold Business Description

Other Exchanges JG:Canada
Address 669 Howe Street, Suite 650, Vancouver, BC, CAN, V6C 0B4
Japan Gold Corp is a mineral exploration company. It is engaged in gold and copper-gold exploration in Japan. The company has identified one reportable operating segment: the exploration and evaluation of mineral properties across the three islands of Japan: Hokkaido, Honshu, and Kyushu.