Monumental EnergyMNMRF +16.82% Current Ratio is 5.48 as of Mar. 2026, which is 55% below its 10-year median of 12.12. The stock has 2 warning signs investors should review. Among 2,638 Metals & Mining companies, Monumental Energy ranks better than 68.31% 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. Monumental Energy's current ratio for the quarter that ended in Mar. 2026 was 5.48.
Monumental Energy has a current ratio of 5.48. 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 Monumental Energy's Current Ratio or its related term are showing as below:
MNMRF'
s Current Ratio Range Over the Past 10 Years
Min: 0.17 Med: 12.12 Max: 82.9
Current: 5.49
During the past 6 years, Monumental Energy's highest Current Ratio was 82.90. The lowest was 0.17. And the median was 12.12.
MNMRF's Current Ratio is ranked better than 68.31% of 2638
companies
in the Metals & Mining industry
Industry Median: 2.64
vs MNMRF: 5.49
Monumental Energy (OTCPK:MNMRF) 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.
Monumental Energy Current Ratio Related Terms
Monumental Energy Current Ratio Historical Data
* Premium members only.
The historical data trend for Monumental Energy'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.
Monumental Energy Current Ratio Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Monumental Energy'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.
Monumental Energy Current Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Monumental Energy's Current Ratio distribution charts can be found below:
* The bar in red indicates where Monumental Energy'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.
Monumental Energy (MNMRF) has a Current Ratio of 5.48 as of Mar. 2026. This is 55% below median its historical median of 12.12. Over the past decade, Monumental Energy's Current Ratio has ranged from 0.17 to 82.90. According to the industry distribution chart, Monumental Energy ranks #836 out of 2638 companies in the Metals & Mining industry, placing it in the top 31.7%.
Is Monumental Energy's Current Ratio too high?
Monumental Energy's current Current Ratio of 5.48 is 55% below median its 10-year median of 12.12. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 82.90. The Metals & Mining industry median Current Ratio is 2.64. Monumental Energy's value of 5.48 is 107.6% above this industry median. Based on the distribution chart, Monumental Energy ranks #836 out of 2638 companies in the Metals & Mining industry, which is above the industry midpoint.
How does Monumental Energy's Current Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Monumental Energy ranks #836 out of 2638 companies for Current Ratio. This puts Monumental Energy in the upper half of its industry. The industry median Current Ratio is 2.64. Monumental Energy's value of 5.48 is 107.6% above this benchmark. Historically, Monumental Energy's own Current Ratio has ranged from 0.17 to 82.90 over the past decade. While the company's 10-year median is 12.12 vs. the industry median of 2.64, Monumental Energy 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. Monumental Energy's current Current Ratio of 5.48 is 107.6% 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. Monumental Energy's current Current Ratio is 5.48, which is 55% below median its own 10-year median of 12.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Monumental Energy stock overvalued right now?
Monumental Energy (MNMRF) has a current Current Ratio of 5.48. The current Current Ratio is 5.48, which is 55% below median its 10-year median of 12.12 and 107.6% 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 Monumental Energy (MNMRF), the current Current Ratio is 5.48 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.
Monumental Energy Corp is an exploration-stage company engaged in the acquisition and exploration of mineral properties. The Company's current projects are the Jemi Project, the Laguna Project, and the Turi Project. The Jemi Project is located in the Ocampo municipality, a relatively remote region of western Coahuila state, Mexico. The Laguna Project is located near the town of San Pedro de Atacama, Chile. The Turi Project is located within the Lithium triangle northwest of the Salar de Laguna Blanca and northeast of the city of Calama, Chile.
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