Newport ExplorationNWXPF 33 Current Ratio is 115.05 as of Apr. 2026, which is 292% above its 10-year median of 29.36. GuruFocus rates NWXPF with a GF Score™ of 33/100. Among 2,637 Metals & Mining companies, Newport Exploration ranks better than 98.86% 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. Newport Exploration's current ratio for the quarter that ended in Apr. 2026 was 115.05.
Newport Exploration has a current ratio of 115.05. 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 Newport Exploration's Current Ratio or its related term are showing as below:
NWXPF'
s Current Ratio Range Over the Past 10 Years
Min: 10.34 Med: 29.36 Max: 474.88
Current: 116.03
During the past 13 years, Newport Exploration's highest Current Ratio was 474.88. The lowest was 10.34. And the median was 29.36.
NWXPF's Current Ratio is ranked better than 98.86% of 2637
companies
in the Metals & Mining industry
Industry Median: 2.64
vs NWXPF: 116.03
Newport Exploration (OTCPK:NWXPF) 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.
Newport Exploration Current Ratio Related Terms
Newport Exploration Current Ratio Historical Data
* Premium members only.
The historical data trend for Newport Exploration'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.
Newport Exploration Current Ratio Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Newport Exploration'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.
Newport Exploration Current Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Newport Exploration's Current Ratio distribution charts can be found below:
* The bar in red indicates where Newport Exploration'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.
Newport Exploration (NWXPF) has a Current Ratio of 115.05 as of Apr. 2026. This is 292% above median its historical median of 29.36. Over the past decade, Newport Exploration's Current Ratio has ranged from 10.34 to 474.88. According to the industry distribution chart, Newport Exploration ranks #30 out of 2637 companies in the Metals & Mining industry, placing it in the top 1.1%.
Is Newport Exploration's Current Ratio too high?
Newport Exploration's current Current Ratio of 115.05 is 292% above median its 10-year median of 29.36. Over the past 10 years, this metric has ranged from a low of 10.34 to a high of 474.88. The Metals & Mining industry median Current Ratio is 2.64. Newport Exploration's value of 115.05 is 4258% above this industry median. Based on the distribution chart, Newport Exploration ranks #30 out of 2637 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Newport Exploration has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Newport Exploration's Current Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Newport Exploration ranks #30 out of 2637 companies for Current Ratio. This places Newport Exploration in the top 1% of its industry — outperforming the majority of peers. The industry median Current Ratio is 2.64. Newport Exploration's value of 115.05 is 4258% above this benchmark. Historically, Newport Exploration's own Current Ratio has ranged from 10.34 to 474.88 over the past decade. While the company's 10-year median is 29.36 vs. the industry median of 2.64, Newport Exploration 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 2,637 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. Newport Exploration's current Current Ratio of 115.05 is 4258% 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. Newport Exploration's current Current Ratio is 115.05, which is 292% above median its own 10-year median of 29.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Newport Exploration stock overvalued right now?
Newport Exploration (NWXPF) has a current Current Ratio of 115.05. The current Current Ratio is 115.05, which is 292% above median its 10-year median of 29.36 and 4258% above the Metals & Mining industry median of 2.64. Newport Exploration's overall GF Score™ is 33/100. 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 Newport Exploration (NWXPF), the current Current Ratio is 115.05 as of Apr. 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.
Newport Exploration Ltd is an exploration stage company engaged in the acquisition and exploration of resource properties. The company holds an interest in the Cooper Basin in Australia, an onshore oil and gas development area operated by Beach Energy, and derives royalty income from this interest. It also holds an interest in Chu Chua, a sulphide deposit located north of Kamloops, British Columbia. The company operates in a single segment with its exploration asset in Canada, and its royalty income being derived from Australia.
33GF Score
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