First Development Resources (LSE:FDR) Current Ratio: 4.85 (As of Dec. 2025) — 251% Above Median


What is First Development Resources Current Ratio?

First Development Resources LSE:FDR -8.62% Current Ratio is 4.85 as of Dec. 2025, which is 251% above its 10-year median of 1.38. The stock has 3 warning signs investors should review. Among 2,637 Metals & Mining companies, First Development Resources ranks better than 65.38% 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. First Development Resources's current ratio for the quarter that ended in Dec. 2025 was 4.85.

First Development Resources has a current ratio of 4.85. 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 First Development Resources's Current Ratio or its related term are showing as below:

LSE:FDR' s Current Ratio Range Over the Past 10 Years
Min: 0.02   Med: 1.38   Max: 4.85
Current: 4.85

During the past 4 years, First Development Resources's highest Current Ratio was 4.85. The lowest was 0.02. And the median was 1.38.

LSE:FDR's Current Ratio is ranked better than
65.38% of 2637 companies
in the Metals & Mining industry
Industry Median: 2.64 vs LSE:FDR: 4.85

First Development Resources  (LSE:FDR) 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.

First Development Resources Current Ratio Related Terms

First Development Resources Current Ratio Historical Data

* Premium members only.

The historical data trend for First Development Resources'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.

First Development Resources Current Ratio Chart

First Development Resources Annual Data
Trend Jun22 Jun23 Jun24 Jun25
Current Ratio
2.52 0.24 0.04 0.02

First Development Resources Semi-Annual Data
Jun22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Current Ratio Get a 7-Day Free Trial 0.00 0.04 4.71 0.02 4.85

First Development Resources Current Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, First Development Resources'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.

First Development Resources Current Ratio vs Metals & Mining Industry

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

* The bar in red indicates where First Development Resources's Current Ratio falls into.


First Development Resources 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.

First Development Resources's Current Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Current Ratio (A: Jun. 2025 )=Total Current Assets (A: Jun. 2025 )/Total Current Liabilities (A: Jun. 2025 )
=0.023/1.008
=0.02

First Development Resources's Current Ratio for the quarter that ended in Dec. 2025 is calculated as

Current Ratio (Q: Dec. 2025 )=Total Current Assets (Q: Dec. 2025 )/Total Current Liabilities (Q: Dec. 2025 )
=1.616/0.333
=4.85

* 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 4.85 mean?
First Development Resources (LSE:FDR) has a Current Ratio of 4.85 as of Dec. 2025. This is 251% above median its historical median of 1.38. Over the past decade, First Development Resources' Current Ratio has ranged from 0.02 to 4.85. According to the industry distribution chart, First Development Resources ranks #913 out of 2637 companies in the Metals & Mining industry, placing it in the top 34.6%.
Is First Development Resources' Current Ratio too high?
First Development Resources' current Current Ratio of 4.85 is 251% above median its 10-year median of 1.38. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 4.85. The Metals & Mining industry median Current Ratio is 2.64. First Development Resources' value of 4.85 is 83.7% above this industry median. Based on the distribution chart, First Development Resources ranks #913 out of 2637 companies in the Metals & Mining industry, which is above the industry midpoint.
How does First Development Resources' Current Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, First Development Resources ranks #913 out of 2637 companies for Current Ratio. This puts First Development Resources in the upper half of its industry. The industry median Current Ratio is 2.64. First Development Resources' value of 4.85 is 83.7% above this benchmark. Historically, First Development Resources' own Current Ratio has ranged from 0.02 to 4.85 over the past decade. While the company's 10-year median is 1.38 vs. the industry median of 2.64, First Development Resources 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 2,637 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. First Development Resources's current Current Ratio of 4.85 is 83.7% 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. First Development Resources's current Current Ratio is 4.85, which is 251% above median its own 10-year median of 1.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Development Resources stock overvalued right now?
First Development Resources (LSE:FDR) has a current Current Ratio of 4.85. The current Current Ratio is 4.85, which is 251% above median its 10-year median of 1.38 and 83.7% 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 First Development Resources (LSE:FDR), the current Current Ratio is 4.85 as of Dec. 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.

First Development Resources Business Description

Address c/o D&A Secretarial Services Limited, 99 Gresham Street, 6th Floor, London, GBR, EC2V 7NG
First Development Resources PLC is a mineral exploration company. Its is engaged in the holding of Australian based mining assets and progressing the exploration and exploitation of those assets. The Group holds mining assets comprising the wholly owned Wallal, Rippon Hills, Braeside West and Selta Projects.