Leo LithiumLLLAF Current Ratio is 55.91 as of Jun. 2025, which is 73% above its 10-year median of 32.25. The stock has 2 warning signs investors should review.
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. Leo Lithium's current ratio for the quarter that ended in Jun. 2025 was 55.91.
Leo Lithium has a current ratio of 55.91. 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 Leo Lithium's Current Ratio or its related term are showing as below:
LLLAF'
s Current Ratio Range Over the Past 10 Years
Min: 6.76 Med: 32.25 Max: 59.18
Current: 55.91
During the past 4 years, Leo Lithium's highest Current Ratio was 59.18. The lowest was 6.76. And the median was 32.25.
LLLAF's Current Ratio is not ranked
in the Metals & Mining industry.
Industry Median: 2.64
vs LLLAF: 55.91
Leo Lithium (OTCPK:LLLAF) 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.
Leo Lithium Current Ratio Related Terms
Leo Lithium Current Ratio Historical Data
* Premium members only.
The historical data trend for Leo Lithium'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.
LLLAF vs LITM, XPL, TMRC: Current Ratio Comparison
For the Other Industrial Metals & Mining subindustry, Leo Lithium'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.
Leo Lithium Current Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Leo Lithium's Current Ratio distribution charts can be found below:
* The bar in red indicates where Leo Lithium'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.
Leo Lithium (LLLAF) has a Current Ratio of 55.91 as of Jun. 2025. This is 73% above median its historical median of 32.25. Over the past decade, Leo Lithium's Current Ratio has ranged from 6.76 to 59.18.
Is Leo Lithium's Current Ratio too high?
Leo Lithium's current Current Ratio of 55.91 is 73% above median its 10-year median of 32.25. Over the past 10 years, this metric has ranged from a low of 6.76 to a high of 59.18. The Metals & Mining industry median Current Ratio is 2.64. Leo Lithium's value of 55.91 is 2017.8% above this industry median.
How does Leo Lithium's Current Ratio compare to LITM and XPL?
Leo Lithium's Current Ratio of 55.91 can be compared against companies in the Metals & Mining industry. The industry median Current Ratio is 2.64. Leo Lithium's value of 55.91 is 2017.8% above this benchmark. Historically, Leo Lithium's own Current Ratio has ranged from 6.76 to 59.18 over the past decade. While the company's 10-year median is 32.25 vs. the industry median of 2.64, Leo Lithium 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. Leo Lithium's current Current Ratio of 55.91 is 2017.8% 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. Leo Lithium's current Current Ratio is 55.91, which is 73% above median its own 10-year median of 32.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leo Lithium stock overvalued right now?
Leo Lithium (LLLAF) has a current Current Ratio of 55.91. The current Current Ratio is 55.91, which is 73% above median its 10-year median of 32.25 and 2017.8% 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 Leo Lithium (LLLAF), the current Current Ratio is 55.91 as of Jun. 2025. 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.
Leo Lithium Ltd is focused on the development of the Goulamina Lithium Project. The company operates in two segments; The Corporate operation includes the Perth Head Office and Project Team, and The Mali operation includes the development of the Goulamina Project and exploration for minerals.
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