Clean HarborsMEX:CLH1 57 Current Ratio is 2.34 as of Mar. 2026, which is 11% above its 10-year median of 2.10. GuruFocus rates MEX:CLH1 with a GF Score™ of 57/100 and a GF Value™ of MXN4,249.31 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 248 Waste Management companies, Clean Harbors ranks better than 69.35% 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. Clean Harbors's current ratio for the quarter that ended in Mar. 2026 was 2.34.
Clean Harbors has a current ratio of 2.34. It generally indicates good short-term financial strength.
The historical rank and industry rank for Clean Harbors's Current Ratio or its related term are showing as below:
MEX:CLH1'
s Current Ratio Range Over the Past 10 Years
Min: 1.88 Med: 2.1 Max: 2.45
Current: 2.34
During the past 13 years, Clean Harbors's highest Current Ratio was 2.45. The lowest was 1.88. And the median was 2.10.
MEX:CLH1's Current Ratio is ranked better than 69.35% of 248
companies
in the Waste Management industry
Industry Median: 1.55
vs MEX:CLH1: 2.34
Clean Harbors (MEX:CLH1) 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.
Clean Harbors Current Ratio Related Terms
Clean Harbors Current Ratio Historical Data
* Premium members only.
The historical data trend for Clean Harbors'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.
MEX:CLH1 vs GFL, CWST, NVRI: Current Ratio Comparison
For the Waste Management subindustry, Clean Harbors'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.
Clean Harbors Current Ratio vs Waste Management Industry
For the Waste Management industry and Industrials sector, Clean Harbors's Current Ratio distribution charts can be found below:
* The bar in red indicates where Clean Harbors'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.
Clean Harbors (MEX:CLH1) has a Current Ratio of 2.34 as of Mar. 2026. This is 11% above median its historical median of 2.10. Over the past decade, Clean Harbors' Current Ratio has ranged from 1.88 to 2.45. According to the industry distribution chart, Clean Harbors ranks #76 out of 248 companies in the Waste Management industry, placing it in the top 30.6%.
Is Clean Harbors' Current Ratio too high?
Clean Harbors' current Current Ratio of 2.34 is 11% above median its 10-year median of 2.10. Over the past 10 years, this metric has ranged from a low of 1.88 to a high of 2.45. The Waste Management industry median Current Ratio is 1.55. Clean Harbors' value of 2.34 is 51% above this industry median. Based on the distribution chart, Clean Harbors ranks #76 out of 248 companies in the Waste Management industry, which is above the industry midpoint. Overall, Clean Harbors has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Clean Harbors' Current Ratio compare to GFL and CWST?
According to the Waste Management industry distribution chart, Clean Harbors ranks #76 out of 248 companies for Current Ratio. This puts Clean Harbors in the upper half of its industry. The industry median Current Ratio is 1.55. Clean Harbors' value of 2.34 is 51% above this benchmark. Historically, Clean Harbors' own Current Ratio has ranged from 1.88 to 2.45 over the past decade. While the company's 10-year median is 2.10 vs. the industry median of 1.55, Clean Harbors 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 Waste Management company?
The median Current Ratio among Waste Management companies is 1.55, based on 248 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. Clean Harbors's current Current Ratio of 2.34 is 51% 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 Waste Management industry, the median Current Ratio is 1.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clean Harbors's current Current Ratio is 2.34, which is 11% above median its own 10-year median of 2.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clean Harbors stock overvalued right now?
Based on GuruFocus' analysis, Clean Harbors (MEX:CLH1) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN4,249.31, compared to a current price of MXN5,215.50 — trading 22.7% above its estimated fair value. The current Current Ratio is 2.34, which is 11% above median its 10-year median of 2.10 and 51% above the Waste Management industry median of 1.55. Clean Harbors' overall GF Score™ is 57/100 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 Clean Harbors (MEX:CLH1), the current Current Ratio is 2.34 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 Clean Harbors (MEX:CLH1) Overvalued in 2026?
Based on GuruFocus' analysis, Clean Harbors stock appears to be overvalued.
The current stock price of MXN5,215.50 is trading 22.7% above its estimated GF Value™ of MXN4,249.31.
GuruFocus considers Clean Harbors to be Modestly Overvalued.
Key valuation signals for MEX:CLH1:
Current Ratio: 2.34 (11% above median its 10-year median of 2.10)
GF Value™: MXN4,249.31 vs. price of MXN5,215.50 (22.7% above fair value)
Industry Position: 51% above the Waste Management median (#76 of 248)
No single metric tells the full story. See the MEX:CLH1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Clean Harbors Inc is an environmental and industrial services provider that provides parts cleaning and related environmental services to commercial, industrial, and automotive customers. Its business segments are Environmental Services and Safety-Kleen Sustainability Solutions. Environmental Services includes waste collection, transportation, treatment, recycling, and disposal, along with industrial maintenance services. Safety-Kleen Sustainability Solutions provides used oil collection and manufactures base oil, vacuum gas oil, and lubricants. The company generates the majority of its revenues from the Environmental Services segment and operates in the United States, with maximum revenue, and Canada.
57GF Score
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