WasteCo Group (NZSE:WCO) Current Ratio: 0.27 (As of Mar. 2026) — 63% Below Median

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What is WasteCo Group Current Ratio?

WasteCo Group NZSE:WCO Current Ratio is 0.27 as of Mar. 2026, which is 63% below its 10-year median of 0.73. The stock has 4 warning signs investors should review. Among 245 Waste Management companies, WasteCo Group ranks worse than 95.92% 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. WasteCo Group's current ratio for the quarter that ended in Mar. 2026 was 0.27.

WasteCo Group has a current ratio of 0.27. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If WasteCo Group 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 WasteCo Group's Current Ratio or its related term are showing as below:

NZSE:WCO' s Current Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.73   Max: 2.93
Current: 0.27

During the past 13 years, WasteCo Group's highest Current Ratio was 2.93. The lowest was 0.01. And the median was 0.73.

NZSE:WCO's Current Ratio is ranked worse than
95.92% of 245 companies
in the Waste Management industry
Industry Median: 1.55 vs NZSE:WCO: 0.27

WasteCo Group  (NZSE:WCO) 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.


WasteCo Group Current Ratio Related Terms


WasteCo Group Current Ratio Historical Data

* Premium members only.

The historical data trend for WasteCo Group'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.

WasteCo Group Current Ratio Chart

WasteCo Group Annual Data
Trend Mar16 Mar17 Mar18 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.53 0.55 0.79 0.27

WasteCo Group Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.55 0.38 0.79 0.63 0.27

NZSE:WCO vs WM, RSG, WCN: Current Ratio Comparison

For the Waste Management subindustry, WasteCo Group'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.


WasteCo Group Current Ratio vs Waste Management Industry

For the Waste Management industry and Industrials sector, WasteCo Group's Current Ratio distribution charts can be found below:

* The bar in red indicates where WasteCo Group's Current Ratio falls into.



WasteCo Group 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.

WasteCo Group's Current Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Current Ratio (A: Mar. 2026 )=Total Current Assets (A: Mar. 2026 )/Total Current Liabilities (A: Mar. 2026 )
=10.594/39.307
=0.27

WasteCo Group'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 )
=10.594/39.307
=0.27

* 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 0.27 mean?
WasteCo Group (NZSE:WCO) has a Current Ratio of 0.27 as of Mar. 2026. This is 63% below median its historical median of 0.73. Over the past decade, WasteCo Group's Current Ratio has ranged from 0.01 to 2.93. According to the industry distribution chart, WasteCo Group ranks #235 out of 245 companies in the Waste Management industry, placing it in the top 95.9%.
Is WasteCo Group's Current Ratio too high?
WasteCo Group's current Current Ratio of 0.27 is 63% below median its 10-year median of 0.73. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 2.93. The Waste Management industry median Current Ratio is 1.55. WasteCo Group's value of 0.27 is 82.6% below this industry median. Based on the distribution chart, WasteCo Group ranks #235 out of 245 companies in the Waste Management industry, which is in the bottom quartile relative to peers.
How does WasteCo Group's Current Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, WasteCo Group ranks #235 out of 245 companies for Current Ratio. This places WasteCo Group in the lower half of its industry. The industry median Current Ratio is 1.55. WasteCo Group's value of 0.27 is 82.6% below this benchmark. Historically, WasteCo Group's own Current Ratio has ranged from 0.01 to 2.93 over the past decade. While the company's 10-year median is 0.73 vs. the industry median of 1.55, WasteCo Group 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 Waste Management company?
The median Current Ratio among Waste Management companies is 1.55, based on 245 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. WasteCo Group's current Current Ratio of 0.27 is 82.6% 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 Waste Management industry, the median Current Ratio is 1.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WasteCo Group's current Current Ratio is 0.27, which is 63% below median its own 10-year median of 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WasteCo Group stock overvalued right now?
Based on GuruFocus' analysis, WasteCo Group (NZSE:WCO) is currently considered Possible Value Trap. The stock's GF Value™ is NZ$0.03, compared to a current price of NZ$0.01 — trading 73.3% below its estimated fair value. The current Current Ratio is 0.27, which is 63% below median its 10-year median of 0.73 and 82.6% below the Waste Management industry median of 1.55. 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 WasteCo Group (NZSE:WCO), the current Current Ratio is 0.27 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.

WasteCo Group Business Description

Address 421 Blenheim Road, Upper Riccarton, Christchurch, NZL, 8041
WasteCo Group Ltd provides solutions in the collection of waste and recycling, sweeping services, and industrial cleaning services, with waste and recycling generating maximum revenue. The Group is a waste management provider committed to smarter, safer and more sustainable waste solutions. Its services are provided across the residential, commercial and council sectors and include wheelie bins, skip hire, water delivery, septic tank cleaning and hydrovac services.