Nickel AsiaNCKAF 90 Current Ratio is 2.35 as of Mar. 2026, which is 6% above its 10-year median of 2.22. GuruFocus rates NCKAF with a GF Score™ of 90/100 and a GF Value™ of $0.06 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,638 Metals & Mining companies, Nickel Asia ranks worse than 53.11% 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. Nickel Asia's current ratio for the quarter that ended in Mar. 2026 was 2.35.
Nickel Asia has a current ratio of 2.35. It generally indicates good short-term financial strength.
The historical rank and industry rank for Nickel Asia's Current Ratio or its related term are showing as below:
NCKAF'
s Current Ratio Range Over the Past 10 Years
Min: 1.66 Med: 2.22 Max: 4.39
Current: 2.35
During the past 13 years, Nickel Asia's highest Current Ratio was 4.39. The lowest was 1.66. And the median was 2.22.
NCKAF's Current Ratio is ranked worse than 53.11% of 2638
companies
in the Metals & Mining industry
Industry Median: 2.64
vs NCKAF: 2.35
Nickel Asia (OTCPK:NCKAF) 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.
Nickel Asia Current Ratio Related Terms
Nickel Asia Current Ratio Historical Data
* Premium members only.
The historical data trend for Nickel Asia'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.
For the Other Industrial Metals & Mining subindustry, Nickel Asia'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.
Nickel Asia Current Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Nickel Asia's Current Ratio distribution charts can be found below:
* The bar in red indicates where Nickel Asia'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.
Nickel Asia (NCKAF) has a Current Ratio of 2.35 as of Mar. 2026. This is near median its historical median of 2.22. Over the past decade, Nickel Asia's Current Ratio has ranged from 1.66 to 4.39. According to the industry distribution chart, Nickel Asia ranks #1401 out of 2638 companies in the Metals & Mining industry, placing it in the top 53.1%.
Is Nickel Asia's Current Ratio too high?
Nickel Asia's current Current Ratio of 2.35 is near median its 10-year median of 2.22. Over the past 10 years, this metric has ranged from a low of 1.66 to a high of 4.39. The Metals & Mining industry median Current Ratio is 2.64. Nickel Asia's value of 2.35 is 11% below this industry median. Based on the distribution chart, Nickel Asia ranks #1401 out of 2638 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Nickel Asia has a GF Score™ of 90/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nickel Asia's Current Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Nickel Asia ranks #1401 out of 2638 companies for Current Ratio. This places Nickel Asia in the lower half of its industry. The industry median Current Ratio is 2.64. Nickel Asia's value of 2.35 is 11% below this benchmark. Historically, Nickel Asia's own Current Ratio has ranged from 1.66 to 4.39 over the past decade. While the company's 10-year median is 2.22 vs. the industry median of 2.64, Nickel Asia 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. Nickel Asia's current Current Ratio of 2.35 is 11% 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. Nickel Asia's current Current Ratio is 2.35, which is near median its own 10-year median of 2.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nickel Asia stock overvalued right now?
Based on GuruFocus' analysis, Nickel Asia (NCKAF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.06, compared to a current price of $0.10 — trading 66.7% above its estimated fair value. The current Current Ratio is 2.35, which is near median its 10-year median of 2.22 and 11% below the Metals & Mining industry median of 2.64. Nickel Asia's overall GF Score™ is 90/100 with 3 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 Nickel Asia (NCKAF), the current Current Ratio is 2.35 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 Nickel Asia (NCKAF) Overvalued in 2026?
Based on GuruFocus' analysis, Nickel Asia stock appears to be overvalued.
The current stock price of $0.10 is trading 66.7% above its estimated GF Value™ of $0.06.
GuruFocus considers Nickel Asia to be Significantly Overvalued.
Key valuation signals for NCKAF:
Current Ratio: 2.35 (near median its 10-year median of 2.22)
GF Value™: $0.06 vs. price of $0.10 (66.7% above fair value)
Industry Position: 11% below the Metals & Mining median (#1401 of 2638)
No single metric tells the full story. See the NCKAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nickel Asia Corp is a diversified natural resources development company is principally engaged in the business of producing beneficiated nickel ore, limestone, and quarry materials, rendering of services, and generating revenue from sale of power. The company has three operating segments which is The mining segment which accounts for a majority of the company's revenue includes the mining and exploration of nickel saprolite and limonite ore, limestone, and quarry materials, the services segment includes chartering out of LCT, construction and rendering of services to CBNC, THNC, and other parties and leasing of aircraft to WAISC, and the power segment is into power generation and exploration for geothermal resources.
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