Wheaton Precious MetalsMEX:WPMN 89 Current Ratio is 4.53 as of Mar. 2026, which is 40% below its 10-year median of 7.58. GuruFocus rates MEX:WPMN with a GF Score™ of 89/100 and a GF Value™ of MXN3,137.79 (Significantly Undervalued). Among 2,638 Metals & Mining companies, Wheaton Precious Metals ranks better than 63.65% 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. Wheaton Precious Metals's current ratio for the quarter that ended in Mar. 2026 was 4.53.
Wheaton Precious Metals has a current ratio of 4.53. 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 Wheaton Precious Metals's Current Ratio or its related term are showing as below:
MEX:WPMN'
s Current Ratio Range Over the Past 10 Years
Min: 1.48 Med: 7.58 Max: 44.99
Current: 4.53
During the past 13 years, Wheaton Precious Metals's highest Current Ratio was 44.99. The lowest was 1.48. And the median was 7.58.
MEX:WPMN's Current Ratio is ranked better than 63.65% of 2638
companies
in the Metals & Mining industry
Industry Median: 2.64
vs MEX:WPMN: 4.53
Wheaton Precious Metals (MEX:WPMN) 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.
Wheaton Precious Metals Current Ratio Related Terms
Wheaton Precious Metals Current Ratio Historical Data
* 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:WPMN vs NEM, AU, CDE: Current Ratio Comparison
For the Gold subindustry, Wheaton Precious Metals'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.
Wheaton Precious Metals Current Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Wheaton Precious Metals's Current Ratio distribution charts can be found below:
* The bar in red indicates where Wheaton Precious Metals'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.
Wheaton Precious Metals (MEX:WPMN) has a Current Ratio of 4.53 as of Mar. 2026. This is 40% below median its historical median of 7.58. Over the past decade, Wheaton Precious Metals' Current Ratio has ranged from 1.48 to 44.99. According to the industry distribution chart, Wheaton Precious Metals ranks #959 out of 2638 companies in the Metals & Mining industry, placing it in the top 36.4%.
Is Wheaton Precious Metals' Current Ratio too high?
Wheaton Precious Metals' current Current Ratio of 4.53 is 40% below median its 10-year median of 7.58. Over the past 10 years, this metric has ranged from a low of 1.48 to a high of 44.99. The Metals & Mining industry median Current Ratio is 2.64. Wheaton Precious Metals' value of 4.53 is 71.6% above this industry median. Based on the distribution chart, Wheaton Precious Metals ranks #959 out of 2638 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Wheaton Precious Metals has a GF Score™ of 89/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wheaton Precious Metals' Current Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Wheaton Precious Metals ranks #959 out of 2638 companies for Current Ratio. This puts Wheaton Precious Metals in the upper half of its industry. The industry median Current Ratio is 2.64. Wheaton Precious Metals' value of 4.53 is 71.6% above this benchmark. Historically, Wheaton Precious Metals' own Current Ratio has ranged from 1.48 to 44.99 over the past decade. While the company's 10-year median is 7.58 vs. the industry median of 2.64, Wheaton Precious Metals 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. Wheaton Precious Metals's current Current Ratio of 4.53 is 71.6% 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. Wheaton Precious Metals's current Current Ratio is 4.53, which is 40% below median its own 10-year median of 7.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wheaton Precious Metals stock overvalued right now?
Based on GuruFocus' analysis, Wheaton Precious Metals (MEX:WPMN) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN3,137.79, compared to a current price of MXN2,170.00 — trading 30.8% below its estimated fair value. The current Current Ratio is 4.53, which is 40% below median its 10-year median of 7.58 and 71.6% above the Metals & Mining industry median of 2.64. Wheaton Precious Metals' overall GF Score™ is 89/100. 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 Wheaton Precious Metals (MEX:WPMN), the current Current Ratio is 4.53 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 Wheaton Precious Metals (MEX:WPMN) Overvalued in 2026?
Based on GuruFocus' analysis, Wheaton Precious Metals stock appears to be undervalued.
The current stock price of MXN2,170.00 is trading 30.8% below its estimated GF Value™ of MXN3,137.79.
GuruFocus considers Wheaton Precious Metals to be Significantly Undervalued.
Key valuation signals for MEX:WPMN:
Current Ratio: 4.53 (40% below median its 10-year median of 7.58)
GF Value™: MXN3,137.79 vs. price of MXN2,170.00 (30.8% below fair value)
Industry Position: 71.6% above the Metals & Mining median (#959 of 2638)
No single metric tells the full story. See the MEX:WPMN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wheaton Precious Metals Corp is a precious metal streaming company. Its geographical segment includes: North America; Europe; South America; and Africa. It generates its revenue from the sale of precious metals (gold, silver and palladium) and cobalt.
89GF Score
Get the complete analysis for MEX:WPMN
Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MEX:WPMN has been successfully added to your 
