Odyssey Marine ExplorationOMEX +3.77%14 Current Ratio is 0.21 as of Mar. 2026, which is 110% above its 10-year median of 0.10. GuruFocus rates OMEX with a GF Score™ of 14/100 and a GF Value™ of $0.36 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,638 Metals & Mining companies, Odyssey Marine Exploration ranks worse than 89.99% 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. Odyssey Marine Exploration's current ratio for the quarter that ended in Mar. 2026 was 0.21.
Odyssey Marine Exploration has a current ratio of 0.21. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Odyssey Marine Exploration 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 Odyssey Marine Exploration's Current Ratio or its related term are showing as below:
OMEX'
s Current Ratio Range Over the Past 10 Years
Min: 0.02 Med: 0.1 Max: 0.38
Current: 0.21
During the past 13 years, Odyssey Marine Exploration's highest Current Ratio was 0.38. The lowest was 0.02. And the median was 0.10.
OMEX's Current Ratio is ranked worse than 89.99% of 2638
companies
in the Metals & Mining industry
Industry Median: 2.64
vs OMEX: 0.21
Odyssey Marine Exploration (NAS:OMEX) 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.
Odyssey Marine Exploration Current Ratio Related Terms
Odyssey Marine Exploration 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.
For the Other Industrial Metals & Mining subindustry, Odyssey Marine 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.
Odyssey Marine Exploration Current Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Odyssey Marine Exploration's Current Ratio distribution charts can be found below:
* The bar in red indicates where Odyssey Marine 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.
Odyssey Marine Exploration (OMEX) has a Current Ratio of 0.21 as of Mar. 2026. This is 110% above median its historical median of 0.10. Over the past decade, Odyssey Marine Exploration's Current Ratio has ranged from 0.02 to 0.38. According to the industry distribution chart, Odyssey Marine Exploration ranks #2374 out of 2638 companies in the Metals & Mining industry, placing it in the top 90%.
Is Odyssey Marine Exploration's Current Ratio too high?
Odyssey Marine Exploration's current Current Ratio of 0.21 is 110% above median its 10-year median of 0.10. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.38. The Metals & Mining industry median Current Ratio is 2.64. Odyssey Marine Exploration's value of 0.21 is 92% below this industry median. Based on the distribution chart, Odyssey Marine Exploration ranks #2374 out of 2638 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Odyssey Marine Exploration has a GF Score™ of 14/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Odyssey Marine Exploration's Current Ratio compare to FNUC and WWR?
According to the Metals & Mining industry distribution chart, Odyssey Marine Exploration ranks #2374 out of 2638 companies for Current Ratio. This places Odyssey Marine Exploration in the lower half of its industry. The industry median Current Ratio is 2.64. Odyssey Marine Exploration's value of 0.21 is 92% below this benchmark. Historically, Odyssey Marine Exploration's own Current Ratio has ranged from 0.02 to 0.38 over the past decade. While the company's 10-year median is 0.10 vs. the industry median of 2.64, Odyssey Marine Exploration 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. Odyssey Marine Exploration's current Current Ratio of 0.21 is 92% 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. Odyssey Marine Exploration's current Current Ratio is 0.21, which is 110% above median its own 10-year median of 0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Odyssey Marine Exploration stock overvalued right now?
Based on GuruFocus' analysis, Odyssey Marine Exploration (OMEX) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.36, compared to a current price of $0.89 — trading 147.9% above its estimated fair value. The current Current Ratio is 0.21, which is 110% above median its 10-year median of 0.10 and 92% below the Metals & Mining industry median of 2.64. Odyssey Marine Exploration's overall GF Score™ is 14/100 with 6 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 Odyssey Marine Exploration (OMEX), the current Current Ratio is 0.21 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 Odyssey Marine Exploration (OMEX) Overvalued in 2026?
Based on GuruFocus' analysis, Odyssey Marine Exploration stock appears to be overvalued.
The current stock price of $0.89 is trading 147.9% above its estimated GF Value™ of $0.36.
GuruFocus considers Odyssey Marine Exploration to be Significantly Overvalued.
Key valuation signals for OMEX:
Current Ratio: 0.21 (110% above median its 10-year median of 0.10)
GF Value™: $0.36 vs. price of $0.89 (147.9% above fair value)
Industry Position: 92% below the Metals & Mining median (#2374 of 2638)
No single metric tells the full story. See the OMEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Odyssey Marine Exploration Inc is a deep-ocean exploration company. It discovers, validates, and develops high-value seafloor mineral resources and provides specialized mineral exploration, project development, and marine services to its clients. The company's subsea project portfolio contains multiple projects in various stages of development, such as the Phosagmex Project, a rich deposit of phosphate sands located seventy-ninety meters deep within the Mexican EEZ; two polymetallic nodule exploration license holders in the Cook Islands' EEZ; the Lihir Gold Project, a subsea area that contains several prospective gold exploration targets located in the Papua New Guinea Exclusive Economic Zone (EEZ); and others.
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