MXROF (MAX Resource) Current Ratio: 0.81 (As of Mar. 2026) — 66% Below Median


MXROF MAX Resource Corp MXROF
31 GF Score
Price $0.19
! 1 Warning Sign
View Full Analysis

What is MAX Resource Current Ratio?

MAX Resource MXROF 31 Current Ratio is 0.81 as of Mar. 2026, which is 66% below its 10-year median of 2.36. GuruFocus rates MXROF with a GF Score™ of 31/100. The stock has 1 warning sign investors should review. Among 2,638 Metals & Mining companies, MAX Resource ranks worse than 78.7% 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. MAX Resource's current ratio for the quarter that ended in Mar. 2026 was 0.81.

MAX Resource has a current ratio of 0.81. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If MAX Resource has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.

The historical rank and industry rank for MAX Resource's Current Ratio or its related term are showing as below:

MXROF' s Current Ratio Range Over the Past 10 Years
Min: 0.11   Med: 2.36   Max: 36.48
Current: 0.81

During the past 13 years, MAX Resource's highest Current Ratio was 36.48. The lowest was 0.11. And the median was 2.36.

MXROF's Current Ratio is ranked worse than
78.7% of 2638 companies
in the Metals & Mining industry
Industry Median: 2.64 vs MXROF: 0.81

MAX Resource  (OTCPK:MXROF) 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.


MAX Resource Current Ratio Related Terms


MAX Resource Current Ratio Historical Data

* Premium members only.

The historical data trend for MAX Resource'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.

MAX Resource Current Ratio Chart

MAX Resource 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 2.06 9.69 5.15 1.19 1.22

MAX Resource 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 0.94 0.74 0.35 1.22 0.81

MXROF vs HL: Current Ratio Comparison

For the Other Precious Metals & Mining subindustry, MAX Resource'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.


MAX Resource Current Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, MAX Resource's Current Ratio distribution charts can be found below:

* The bar in red indicates where MAX Resource's Current Ratio falls into.


MXROF
31GF Score
MAX Resource Corp MXROF
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MAX Resource 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.

MAX Resource'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 )
=1.698/1.39
=1.22

MAX Resource'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 )
=1.255/1.549
=0.81

* 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 0.81 mean?
MAX Resource (MXROF) has a Current Ratio of 0.81 as of Mar. 2026. This is 66% below median its historical median of 2.36. Over the past decade, MAX Resource's Current Ratio has ranged from 0.11 to 36.48. According to the industry distribution chart, MAX Resource ranks #2076 out of 2638 companies in the Metals & Mining industry, placing it in the top 78.7%.
Is MAX Resource's Current Ratio too high?
MAX Resource's current Current Ratio of 0.81 is 66% below median its 10-year median of 2.36. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 36.48. The Metals & Mining industry median Current Ratio is 2.64. MAX Resource's value of 0.81 is 69.3% below this industry median. Based on the distribution chart, MAX Resource ranks #2076 out of 2638 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, MAX Resource has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does MAX Resource's Current Ratio compare to HL?
According to the Metals & Mining industry distribution chart, MAX Resource ranks #2076 out of 2638 companies for Current Ratio. This places MAX Resource in the lower half of its industry. The industry median Current Ratio is 2.64. MAX Resource's value of 0.81 is 69.3% below this benchmark. Historically, MAX Resource's own Current Ratio has ranged from 0.11 to 36.48 over the past decade. While the company's 10-year median is 2.36 vs. the industry median of 2.64, MAX Resource has consistently been below 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. MAX Resource's current Current Ratio of 0.81 is 69.3% below 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. MAX Resource's current Current Ratio is 0.81, which is 66% below median its own 10-year median of 2.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MAX Resource stock overvalued right now?
MAX Resource (MXROF) has a current Current Ratio of 0.81. The current Current Ratio is 0.81, which is 66% below median its 10-year median of 2.36 and 69.3% below the Metals & Mining industry median of 2.64. MAX Resource's overall GF Score™ is 31/100 with 1 warning sign 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 MAX Resource (MXROF), the current Current Ratio is 0.81 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.

MAX Resource Business Description

Other Exchanges M1D:GermanyMAX:Canada
Address 1570-200 Burrard Street, Vancouver, BC, CAN, V6C 3L6
MAX Resource Corp is a mineral exploration company advancing the newly discovered district-scale Cesar copper-silver project. Its Cesar project sits along with the Colombian portion producing copper belt (Andean belt), with infrastructure and the presence of majors (Glencore and Chevron). The company holds a 100% interest in the RT Gold project in Peru. It has one operating segment which is the exploration of resource properties. The company has its geographical presence in Canada; Colombia; and Brazil.
31GF Score

Get the complete analysis for MXROF

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

$0.19
Price