MODVF (Melcor Developments) Current Ratio: 21.70 (As of Mar. 2026) — 10% Above Median


MODVF Melcor Developments Ltd MODVF
79 GF Score
Price $13.05
GF Value $11.42
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Melcor Developments Current Ratio?

Melcor Developments MODVF 79 Current Ratio is 21.70 as of Mar. 2026, which is 10% above its 10-year median of 19.79. GuruFocus rates MODVF with a GF Score™ of 79/100 and a GF Value™ of $11.42 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,791 Real Estate companies, Melcor Developments ranks better than 96.98% 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. Melcor Developments's current ratio for the quarter that ended in Mar. 2026 was 21.70.

Melcor Developments has a current ratio of 21.70. 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 Melcor Developments's Current Ratio or its related term are showing as below:

MODVF' s Current Ratio Range Over the Past 10 Years
Min: 14.91   Med: 19.79   Max: 32.95
Current: 21.7

During the past 13 years, Melcor Developments's highest Current Ratio was 32.95. The lowest was 14.91. And the median was 19.79.

MODVF's Current Ratio is ranked better than
96.98% of 1791 companies
in the Real Estate industry
Industry Median: 1.7 vs MODVF: 21.70

Melcor Developments  (OTCPK:MODVF) 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.


Melcor Developments Current Ratio Related Terms


Melcor Developments Current Ratio Historical Data

* Premium members only.

The historical data trend for Melcor Developments'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.

Melcor Developments Current Ratio Chart

Melcor Developments Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.00 18.67 19.68 16.74 19.58

Melcor Developments Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.94 19.08 15.87 19.58 21.70

Melcor Developments Current Ratio Competitor Comparison

For the Real Estate - Development subindustry, Melcor Developments'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.


Melcor Developments Current Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Melcor Developments's Current Ratio distribution charts can be found below:

* The bar in red indicates where Melcor Developments's Current Ratio falls into.


MODVF
79GF Score
Melcor Developments Ltd MODVF
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Melcor Developments Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Melcor Developments's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=782.901/39.98
=19.58

Melcor Developments's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=731.383/33.699
=21.70

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 21.70 mean?
Melcor Developments (MODVF) has a Current Ratio of 21.70 as of Mar. 2026. This is 10% above median its historical median of 19.79. Over the past decade, Melcor Developments' Current Ratio has ranged from 14.91 to 32.95. According to the industry distribution chart, Melcor Developments ranks #54 out of 1791 companies in the Real Estate industry, placing it in the top 3%.
Is Melcor Developments' Current Ratio too high?
Melcor Developments' current Current Ratio of 21.70 is 10% above median its 10-year median of 19.79. Over the past 10 years, this metric has ranged from a low of 14.91 to a high of 32.95. The Real Estate industry median Current Ratio is 1.70. Melcor Developments' value of 21.70 is 1176.5% above this industry median. Based on the distribution chart, Melcor Developments ranks #54 out of 1791 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Melcor Developments has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Melcor Developments' Current Ratio compare to competitors?
According to the Real Estate industry distribution chart, Melcor Developments ranks #54 out of 1791 companies for Current Ratio. This places Melcor Developments in the top 3% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.70. Melcor Developments' value of 21.70 is 1176.5% above this benchmark. Historically, Melcor Developments' own Current Ratio has ranged from 14.91 to 32.95 over the past decade. While the company's 10-year median is 19.79 vs. the industry median of 1.70, Melcor Developments 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 Real Estate company?
The median Current Ratio among Real Estate companies is 1.70, based on 1,791 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. Melcor Developments's current Current Ratio of 21.70 is 1176.5% 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 Real Estate industry, the median Current Ratio is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Melcor Developments's current Current Ratio is 21.70, which is 10% above median its own 10-year median of 19.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Melcor Developments stock overvalued right now?
Based on GuruFocus' analysis, Melcor Developments (MODVF) is currently considered Modestly Overvalued. The stock's GF Value™ is $11.42, compared to a current price of $13.05 — trading 14.3% above its estimated fair value. The current Current Ratio is 21.70, which is 10% above median its 10-year median of 19.79 and 1176.5% above the Real Estate industry median of 1.70. Melcor Developments' overall GF Score™ is 79/100 with 4 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 Melcor Developments (MODVF), the current Current Ratio is 21.70 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 Melcor Developments (MODVF) Overvalued in 2026?

Based on GuruFocus' analysis, Melcor Developments stock appears to be overvalued. The current stock price of $13.05 is trading 14.3% above its estimated GF Value™ of $11.42. GuruFocus considers Melcor Developments to be Modestly Overvalued.

Key valuation signals for MODVF:

  • Current Ratio: 21.70 (10% above median its 10-year median of 19.79)
  • GF Value™: $11.42 vs. price of $13.05 (14.3% above fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 1176.5% above the Real Estate median (#54 of 1791)

No single metric tells the full story. See the MODVF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Melcor Developments Business Description

Other Exchanges MRD:Canada
Address 10310 Jasper Avenue, Suite 900, Edmonton, AB, CAN, T5J 1Y8
Melcor Developments Ltd is a real estate development company. It develops and manages mixed-use residential communities, business and industrial parks, office buildings, retail commercial centers, and golf courses. Its divisions includes Land: acquires raw land and plans residential communities and commercial developments, Properties: owns and operates a portfolio of commercial and residential properties and development of commercial properties, Golf: owning and operating championship golf courses associated with residential communities, Corporate: orchestrates strategic planning, financial governance, risk mitigation guiding the organization through dynamic market shifts towards sustained and adaptive success.
79GF Score

Get the complete analysis for MODVF

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$13.05
Price
$11.42
GF Value