Magellan AerospaceMALJF +7.14%74 Current Ratio is 2.51 as of Mar. 2026, which is 7% below its 10-year median of 2.71. GuruFocus rates MALJF with a GF Score™ of 74/100 and a GF Value™ of $8.11 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 357 Aerospace & Defense companies, Magellan Aerospace ranks better than 63.87% 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. Magellan Aerospace's current ratio for the quarter that ended in Mar. 2026 was 2.51.
Magellan Aerospace has a current ratio of 2.51. It generally indicates good short-term financial strength.
The historical rank and industry rank for Magellan Aerospace's Current Ratio or its related term are showing as below:
MALJF'
s Current Ratio Range Over the Past 10 Years
Min: 2.02 Med: 2.71 Max: 3.65
Current: 2.51
During the past 13 years, Magellan Aerospace's highest Current Ratio was 3.65. The lowest was 2.02. And the median was 2.71.
MALJF's Current Ratio is ranked better than 63.87% of 357
companies
in the Aerospace & Defense industry
Industry Median: 1.93
vs MALJF: 2.51
Magellan Aerospace (OTCPK:MALJF) 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.
Magellan Aerospace Current Ratio Related Terms
Magellan Aerospace Current Ratio Historical Data
* Premium members only.
The historical data trend for Magellan Aerospace'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 Aerospace & Defense subindustry, Magellan Aerospace'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.
Magellan Aerospace Current Ratio vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Magellan Aerospace's Current Ratio distribution charts can be found below:
* The bar in red indicates where Magellan Aerospace'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.
Magellan Aerospace (MALJF) has a Current Ratio of 2.51 as of Mar. 2026. This is near median its historical median of 2.71. Over the past decade, Magellan Aerospace's Current Ratio has ranged from 2.02 to 3.65. According to the industry distribution chart, Magellan Aerospace ranks #129 out of 357 companies in the Aerospace & Defense industry, placing it in the top 36.1%.
Is Magellan Aerospace's Current Ratio too high?
Magellan Aerospace's current Current Ratio of 2.51 is near median its 10-year median of 2.71. Over the past 10 years, this metric has ranged from a low of 2.02 to a high of 3.65. The Aerospace & Defense industry median Current Ratio is 1.93. Magellan Aerospace's value of 2.51 is 30.1% above this industry median. Based on the distribution chart, Magellan Aerospace ranks #129 out of 357 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Magellan Aerospace has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Magellan Aerospace's Current Ratio compare to GE and RTX?
According to the Aerospace & Defense industry distribution chart, Magellan Aerospace ranks #129 out of 357 companies for Current Ratio. This puts Magellan Aerospace in the upper half of its industry. The industry median Current Ratio is 1.93. Magellan Aerospace's value of 2.51 is 30.1% above this benchmark. Historically, Magellan Aerospace's own Current Ratio has ranged from 2.02 to 3.65 over the past decade. While the company's 10-year median is 2.71 vs. the industry median of 1.93, Magellan Aerospace 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 an Aerospace & Defense company?
The median Current Ratio among Aerospace & Defense companies is 1.93, based on 357 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. Magellan Aerospace's current Current Ratio of 2.51 is 30.1% 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 Aerospace & Defense industry, the median Current Ratio is 1.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Magellan Aerospace's current Current Ratio is 2.51, which is near median its own 10-year median of 2.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magellan Aerospace stock overvalued right now?
Based on GuruFocus' analysis, Magellan Aerospace (MALJF) is currently considered Significantly Overvalued. The stock's GF Value™ is $8.11, compared to a current price of $22.51 — trading 177.6% above its estimated fair value. The current Current Ratio is 2.51, which is near median its 10-year median of 2.71 and 30.1% above the Aerospace & Defense industry median of 1.93. Magellan Aerospace's overall GF Score™ is 74/100 with 7 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 Magellan Aerospace (MALJF), the current Current Ratio is 2.51 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 Magellan Aerospace (MALJF) Overvalued in 2026?
Based on GuruFocus' analysis, Magellan Aerospace stock appears to be overvalued.
The current stock price of $22.51 is trading 177.6% above its estimated GF Value™ of $8.11.
GuruFocus considers Magellan Aerospace to be Significantly Overvalued.
Key valuation signals for MALJF:
Current Ratio: 2.51 (near median its 10-year median of 2.71)
GF Value™: $8.11 vs. price of $22.51 (177.6% above fair value)
Industry Position: 30.1% above the Aerospace & Defense median (#129 of 357)
No single metric tells the full story. See the MALJF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Magellan Aerospace Corp supplies components to the aerospace industry. Through its subsidiaries, it engineers and manufactures aero-engine and aerostructure components for aerospace markets, including products for defense and space markets, and complementary specialty products. Some of its product offerings include honeycomb and filament-wound tubes, frames, compressor components, bypass ducts, black brant rockets, and helicopter power transmission housings, among others. The group also supports the aftermarket through the supply of spare parts as well as through repair and overhaul services. It operates activities in one reportable segment, namely Aerospace. Geographically, the group derives its maximum revenue from Canada, followed by the United States and Europe.
74GF Score
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