NCS Multistage HoldingsNCSM -0.86%64 Current Ratio is 5.35 as of Mar. 2026, which is 17% above its 10-year median of 4.59. GuruFocus rates NCSM with a GF Score™ of 64/100 and a GF Value™ of $25.92 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,016 Oil & Gas companies, NCS Multistage Holdings ranks better than 88.98% 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. NCS Multistage Holdings's current ratio for the quarter that ended in Mar. 2026 was 5.35.
NCS Multistage Holdings has a current ratio of 5.35. 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 NCS Multistage Holdings's Current Ratio or its related term are showing as below:
NCSM'
s Current Ratio Range Over the Past 10 Years
Min: 3.22 Med: 4.59 Max: 7
Current: 5.35
During the past 11 years, NCS Multistage Holdings's highest Current Ratio was 7.00. The lowest was 3.22. And the median was 4.59.
NCSM's Current Ratio is ranked better than 88.98% of 1016
companies
in the Oil & Gas industry
Industry Median: 1.355
vs NCSM: 5.35
NCS Multistage Holdings (NAS:NCSM) 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.
NCS Multistage Holdings Current Ratio Related Terms
NCS Multistage Holdings 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.
NCSM vs QSEP, GEOS, STAK: Current Ratio Comparison
For the Oil & Gas Equipment & Services subindustry, NCS Multistage Holdings'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.
NCS Multistage Holdings Current Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, NCS Multistage Holdings's Current Ratio distribution charts can be found below:
* The bar in red indicates where NCS Multistage Holdings'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.
NCS Multistage Holdings (NCSM) has a Current Ratio of 5.35 as of Mar. 2026. This is 17% above median its historical median of 4.59. Over the past decade, NCS Multistage Holdings' Current Ratio has ranged from 3.22 to 7.00. According to the industry distribution chart, NCS Multistage Holdings ranks #112 out of 1016 companies in the Oil & Gas industry, placing it in the top 11%.
Is NCS Multistage Holdings' Current Ratio too high?
NCS Multistage Holdings' current Current Ratio of 5.35 is 17% above median its 10-year median of 4.59. Over the past 10 years, this metric has ranged from a low of 3.22 to a high of 7.00. The Oil & Gas industry median Current Ratio is 1.36. NCS Multistage Holdings' value of 5.35 is 294.8% above this industry median. Based on the distribution chart, NCS Multistage Holdings ranks #112 out of 1016 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, NCS Multistage Holdings has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NCS Multistage Holdings' Current Ratio compare to QSEP and GEOS?
According to the Oil & Gas industry distribution chart, NCS Multistage Holdings ranks #112 out of 1016 companies for Current Ratio. This places NCS Multistage Holdings in the top 11% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.36. NCS Multistage Holdings' value of 5.35 is 294.8% above this benchmark. Historically, NCS Multistage Holdings' own Current Ratio has ranged from 3.22 to 7.00 over the past decade. While the company's 10-year median is 4.59 vs. the industry median of 1.36, NCS Multistage Holdings 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 an Oil & Gas company?
The median Current Ratio among Oil & Gas companies is 1.36, based on 1,016 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. NCS Multistage Holdings's current Current Ratio of 5.35 is 294.8% 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 Oil & Gas industry, the median Current Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NCS Multistage Holdings's current Current Ratio is 5.35, which is 17% above median its own 10-year median of 4.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NCS Multistage Holdings stock overvalued right now?
Based on GuruFocus' analysis, NCS Multistage Holdings (NCSM) is currently considered Significantly Overvalued. The stock's GF Value™ is $25.92, compared to a current price of $43.86 — trading 69.2% above its estimated fair value. The current Current Ratio is 5.35, which is 17% above median its 10-year median of 4.59 and 294.8% above the Oil & Gas industry median of 1.36. NCS Multistage Holdings' overall GF Score™ is 64/100 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 NCS Multistage Holdings (NCSM), the current Current Ratio is 5.35 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 NCS Multistage Holdings (NCSM) Overvalued in 2026?
Based on GuruFocus' analysis, NCS Multistage Holdings stock appears to be overvalued.
The current stock price of $43.86 is trading 69.2% above its estimated GF Value™ of $25.92.
GuruFocus considers NCS Multistage Holdings to be Significantly Overvalued.
Key valuation signals for NCSM:
Current Ratio: 5.35 (17% above median its 10-year median of 4.59)
GF Value™: $25.92 vs. price of $43.86 (69.2% above fair value)
Industry Position: 294.8% above the Oil & Gas median (#112 of 1016)
No single metric tells the full story. See the NCSM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NCS Multistage Holdings Inc is a provider of engineered products and support services that facilitate the optimization of oil and natural gas well construction, well completion, and field development strategies. The company provides its products and services to E&P companies for use in onshore and offshore wells, predominantly those drilled with horizontal laterals in unconventional and conventional oil and natural gas formations. It also provides tracer diagnostics services and sells products for well construction including casing buoyancy systems, liner hanger systems and toe initiation sleeves, along with certain complementary products from third parties. The company operates in the United States, Canada and other countries, with the majority of its revenue generated from Canada.
64GF Score
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