JL Mag Rare-Earth CoJMREY 70 Current Ratio is 1.79 as of Mar. 2026, which is 19% below its 10-year median of 2.22. GuruFocus rates JMREY with a GF Score™ of 70/100 and a GF Value™ of $12.59 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 3,073 Industrial Products companies, JL Mag Rare-Earth Co ranks worse than 56.49% 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. JL Mag Rare-Earth Co's current ratio for the quarter that ended in Mar. 2026 was 1.79.
JL Mag Rare-Earth Co has a current ratio of 1.79. It generally indicates good short-term financial strength.
The historical rank and industry rank for JL Mag Rare-Earth Co's Current Ratio or its related term are showing as below:
JMREY'
s Current Ratio Range Over the Past 10 Years
Min: 1.6 Med: 2.22 Max: 3.33
Current: 1.79
During the past 13 years, JL Mag Rare-Earth Co's highest Current Ratio was 3.33. The lowest was 1.60. And the median was 2.22.
JMREY's Current Ratio is ranked worse than 56.49% of 3073
companies
in the Industrial Products industry
Industry Median: 1.96
vs JMREY: 1.79
JL Mag Rare-Earth Co (OTCPK:JMREY) 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.
JL Mag Rare-Earth Co Current Ratio Related Terms
JL Mag Rare-Earth Co Current Ratio Historical Data
* Premium members only.
The historical data trend for JL Mag Rare-Earth Co'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.
For the Metal Fabrication subindustry, JL Mag Rare-Earth Co'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.
JL Mag Rare-Earth Co Current Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, JL Mag Rare-Earth Co's Current Ratio distribution charts can be found below:
* The bar in red indicates where JL Mag Rare-Earth Co'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.
JL Mag Rare-Earth Co (JMREY) has a Current Ratio of 1.79 as of Mar. 2026. This is 19% below median its historical median of 2.22. Over the past decade, JL Mag Rare-Earth Co's Current Ratio has ranged from 1.60 to 3.33. According to the industry distribution chart, JL Mag Rare-Earth Co ranks #1736 out of 3073 companies in the Industrial Products industry, placing it in the top 56.5%.
Is JL Mag Rare-Earth Co's Current Ratio too high?
JL Mag Rare-Earth Co's current Current Ratio of 1.79 is 19% below median its 10-year median of 2.22. Over the past 10 years, this metric has ranged from a low of 1.60 to a high of 3.33. The Industrial Products industry median Current Ratio is 1.96. JL Mag Rare-Earth Co's value of 1.79 is 8.7% below this industry median. Based on the distribution chart, JL Mag Rare-Earth Co ranks #1736 out of 3073 companies in the Industrial Products industry, which is below the industry midpoint. Overall, JL Mag Rare-Earth Co has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JL Mag Rare-Earth Co's Current Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, JL Mag Rare-Earth Co ranks #1736 out of 3073 companies for Current Ratio. This places JL Mag Rare-Earth Co in the lower half of its industry. The industry median Current Ratio is 1.96. JL Mag Rare-Earth Co's value of 1.79 is 8.7% below this benchmark. Historically, JL Mag Rare-Earth Co's own Current Ratio has ranged from 1.60 to 3.33 over the past decade. While the company's 10-year median is 2.22 vs. the industry median of 1.96, JL Mag Rare-Earth Co 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 an Industrial Products company?
The median Current Ratio among Industrial Products companies is 1.96, based on 3,073 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. JL Mag Rare-Earth Co's current Current Ratio of 1.79 is 8.7% 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 Industrial Products industry, the median Current Ratio is 1.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JL Mag Rare-Earth Co's current Current Ratio is 1.79, which is 19% below median its own 10-year median of 2.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JL Mag Rare-Earth Co stock overvalued right now?
Based on GuruFocus' analysis, JL Mag Rare-Earth Co (JMREY) is currently considered Modestly Overvalued. The stock's GF Value™ is $12.59, compared to a current price of $15.50 — trading 23.1% above its estimated fair value. The current Current Ratio is 1.79, which is 19% below median its 10-year median of 2.22 and 8.7% below the Industrial Products industry median of 1.96. JL Mag Rare-Earth Co'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 JL Mag Rare-Earth Co (JMREY), the current Current Ratio is 1.79 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 JL Mag Rare-Earth Co (JMREY) Overvalued in 2026?
Based on GuruFocus' analysis, JL Mag Rare-Earth Co stock appears to be overvalued.
The current stock price of $15.50 is trading 23.1% above its estimated GF Value™ of $12.59.
GuruFocus considers JL Mag Rare-Earth Co to be Modestly Overvalued.
Key valuation signals for JMREY:
Current Ratio: 1.79 (19% below median its 10-year median of 2.22)
GF Value™: $12.59 vs. price of $15.50 (23.1% above fair value)
Industry Position: 8.7% below the Industrial Products median (#1736 of 3073)
No single metric tells the full story. See the JMREY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JL Mag Rare-Earth is a leading global producer of high-performance rare-earth permanent magnets. JL Mag focuses on the production and sale of NdFeB PMs, the most widely used type of REPMs, mainly made from an alloy of neodymium (Nd), iron (Fe), and boron (B). The firm is ranked first in the world by high-performance REPMs, according to Frost & Sullivan. JL Mag is also ranked first in the global grain boundary diffusion REPMs market. Its products have a wide array of applications, mainly in new energy vehicles, automotive parts, wind turbine generators, and energy-saving variable-frequency air-conditioners.
70GF Score
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