Playgon GamesPLGNF +22.64% Current Ratio is 0.02 as of Mar. 2026, which is 95% below its 10-year median of 0.39. The stock has 5 warning signs investors should review. Among 2,862 Software companies, Playgon Games ranks worse than 99.23% 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. Playgon Games's current ratio for the quarter that ended in Mar. 2026 was 0.02.
Playgon Games has a current ratio of 0.02. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Playgon Games 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 Playgon Games's Current Ratio or its related term are showing as below:
PLGNF'
s Current Ratio Range Over the Past 10 Years
Min: 0.01 Med: 0.39 Max: 34.25
Current: 0.02
During the past 13 years, Playgon Games's highest Current Ratio was 34.25. The lowest was 0.01. And the median was 0.39.
PLGNF's Current Ratio is ranked worse than 99.23% of 2862
companies
in the Software industry
Industry Median: 1.81
vs PLGNF: 0.02
Playgon Games (OTCPK:PLGNF) 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.
Playgon Games Current Ratio Related Terms
Playgon Games Current Ratio Historical Data
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The historical data trend for Playgon Games'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.
PLGNF vs UBER, SHOP, CRM: Current Ratio Comparison
For the Software - Application subindustry, Playgon Games'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.
Playgon Games Current Ratio vs Software Industry
For the Software industry and Technology sector, Playgon Games's Current Ratio distribution charts can be found below:
* The bar in red indicates where Playgon Games'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.
Playgon Games (PLGNF) has a Current Ratio of 0.02 as of Mar. 2026. This is 95% below median its historical median of 0.39. Over the past decade, Playgon Games' Current Ratio has ranged from 0.01 to 34.25. According to the industry distribution chart, Playgon Games ranks #2840 out of 2862 companies in the Software industry, placing it in the top 99.2%.
Is Playgon Games' Current Ratio too high?
Playgon Games' current Current Ratio of 0.02 is 95% below median its 10-year median of 0.39. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 34.25. The Software industry median Current Ratio is 1.81. Playgon Games' value of 0.02 is 98.9% below this industry median. Based on the distribution chart, Playgon Games ranks #2840 out of 2862 companies in the Software industry, which is in the bottom quartile relative to peers.
How does Playgon Games' Current Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, Playgon Games ranks #2840 out of 2862 companies for Current Ratio. This places Playgon Games in the lower half of its industry. The industry median Current Ratio is 1.81. Playgon Games' value of 0.02 is 98.9% below this benchmark. Historically, Playgon Games' own Current Ratio has ranged from 0.01 to 34.25 over the past decade. While the company's 10-year median is 0.39 vs. the industry median of 1.81, Playgon Games 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 Software company?
The median Current Ratio among Software companies is 1.81, based on 2,862 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. Playgon Games's current Current Ratio of 0.02 is 98.9% 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 Software industry, the median Current Ratio is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Playgon Games's current Current Ratio is 0.02, which is 95% below median its own 10-year median of 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Playgon Games stock overvalued right now?
Based on GuruFocus' analysis, Playgon Games (PLGNF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.01, compared to a current price of $0.01 — trading 35% below its estimated fair value. The current Current Ratio is 0.02, which is 95% below median its 10-year median of 0.39 and 98.9% below the Software industry median of 1.81. 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 Playgon Games (PLGNF), the current Current Ratio is 0.02 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.
Playgon Games Inc is a Business-to-Business (B2B) Software-as-a-Service (SaaS) technology provider focused on developing digital content for the growing iGaming Market. The company provides a multi-tenant gateway that allows online operators the ability to offer customers iGaming software solutions. Its current software platform includes Live Dealer Casino, E-Table games, and Daily Fantasy Sports. The firm's products are turn-key solutions for online casinos, sportsbook operators, land-based operators, media groups, and database companies. The company generates Software as a service (SAAS) revenue from contracts with customers by providing them access to its Live Dealer Product.
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