Zanaga Iron Ore CoLSE:ZIOC +10.13% Current Ratio is 69.78 as of Jun. 2025, which is 875% above its 10-year median of 7.16. The stock has 1 warning sign investors should review. Among 636 Steel companies, Zanaga Iron Ore Co ranks better than 98.74% 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. Zanaga Iron Ore Co's current ratio for the quarter that ended in Jun. 2025 was 69.78.
Zanaga Iron Ore Co has a current ratio of 69.78. 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 Zanaga Iron Ore Co's Current Ratio or its related term are showing as below:
LSE:ZIOC'
s Current Ratio Range Over the Past 10 Years
Min: 0.08 Med: 7.16 Max: 106.52
Current: 69.78
During the past 13 years, Zanaga Iron Ore Co's highest Current Ratio was 106.52. The lowest was 0.08. And the median was 7.16.
LSE:ZIOC's Current Ratio is ranked better than 98.74% of 636
companies
in the Steel industry
Industry Median: 1.63
vs LSE:ZIOC: 69.78
Zanaga Iron Ore Co (LSE:ZIOC) 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.
Zanaga Iron Ore Co Current Ratio Related Terms
Zanaga Iron Ore Co Current Ratio Historical Data
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The historical data trend for Zanaga Iron Ore 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.
LSE:ZIOC vs NUE, STLD, RS: Current Ratio Comparison
For the Steel subindustry, Zanaga Iron Ore 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.
Zanaga Iron Ore Co Current Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Zanaga Iron Ore Co's Current Ratio distribution charts can be found below:
* The bar in red indicates where Zanaga Iron Ore 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.
Zanaga Iron Ore Co (LSE:ZIOC) has a Current Ratio of 69.78 as of Jun. 2025. This is 875% above median its historical median of 7.16. Over the past decade, Zanaga Iron Ore Co's Current Ratio has ranged from 0.08 to 106.52. According to the industry distribution chart, Zanaga Iron Ore Co ranks #8 out of 636 companies in the Steel industry, placing it in the top 1.3%.
Is Zanaga Iron Ore Co's Current Ratio too high?
Zanaga Iron Ore Co's current Current Ratio of 69.78 is 875% above median its 10-year median of 7.16. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 106.52. The Steel industry median Current Ratio is 1.63. Zanaga Iron Ore Co's value of 69.78 is 4181% above this industry median. Based on the distribution chart, Zanaga Iron Ore Co ranks #8 out of 636 companies in the Steel industry, which is in the top quartile — a strong position relative to peers.
How does Zanaga Iron Ore Co's Current Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Zanaga Iron Ore Co ranks #8 out of 636 companies for Current Ratio. This places Zanaga Iron Ore Co in the top 1% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.63. Zanaga Iron Ore Co's value of 69.78 is 4181% above this benchmark. Historically, Zanaga Iron Ore Co's own Current Ratio has ranged from 0.08 to 106.52 over the past decade. While the company's 10-year median is 7.16 vs. the industry median of 1.63, Zanaga Iron Ore Co 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 Steel company?
The median Current Ratio among Steel companies is 1.63, based on 636 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. Zanaga Iron Ore Co's current Current Ratio of 69.78 is 4181% 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 Steel industry, the median Current Ratio is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zanaga Iron Ore Co's current Current Ratio is 69.78, which is 875% above median its own 10-year median of 7.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zanaga Iron Ore Co stock overvalued right now?
Zanaga Iron Ore Co (LSE:ZIOC) has a current Current Ratio of 69.78. The current Current Ratio is 69.78, which is 875% above median its 10-year median of 7.16 and 4181% above the Steel industry median of 1.63. 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 Zanaga Iron Ore Co (LSE:ZIOC), the current Current Ratio is 69.78 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.
Zanaga Iron Ore Co Ltd is an iron ore exploration and development company. The company holds an interest in the Zanaga Iron Ore Project located in the Republic of Congo which is also known as Congo-Brazzaville. Its long-term objective is to maximize the value of its sole asset and the Project is currently focused on managing, developing, and constructing a world-class iron ore asset capable of mining, processing, transporting, and exporting iron ore at full production. The Group has one operating segment, being its investment in the Project, held through Jumelles.
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