PSYTF (Pason Systems) Current Ratio: 2.11 (As of Mar. 2026) — 61% Below Median


PSYTF Pason Systems Inc PSYTF
89 GF Score
Price $8.63
GF Value $10.20
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Pason Systems Current Ratio?

Pason Systems PSYTF +0.47% 89 Current Ratio is 2.11 as of Mar. 2026, which is 61% below its 10-year median of 5.48. GuruFocus rates PSYTF with a GF Score™ of 89/100 and a GF Value™ of $10.20 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,016 Oil & Gas companies, Pason Systems ranks better than 69.49% 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. Pason Systems's current ratio for the quarter that ended in Mar. 2026 was 2.11.

Pason Systems has a current ratio of 2.11. It generally indicates good short-term financial strength.

The historical rank and industry rank for Pason Systems's Current Ratio or its related term are showing as below:

PSYTF' s Current Ratio Range Over the Past 10 Years
Min: 1.98   Med: 5.48   Max: 11.6
Current: 2.11

During the past 13 years, Pason Systems's highest Current Ratio was 11.60. The lowest was 1.98. And the median was 5.48.

PSYTF's Current Ratio is ranked better than
69.49% of 1016 companies
in the Oil & Gas industry
Industry Median: 1.355 vs PSYTF: 2.11

Pason Systems  (OTCPK:PSYTF) 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.


Pason Systems Current Ratio Related Terms


Pason Systems Current Ratio Historical Data

* Premium members only.

The historical data trend for Pason Systems'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.

Pason Systems Current Ratio Chart

Pason Systems Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.33 4.02 4.84 2.43 1.98

Pason Systems Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 2.45 2.57 2.53 1.98 2.11

PSYTF vs SLB, BKR, HAL: Current Ratio Comparison

For the Oil & Gas Equipment & Services subindustry, Pason Systems'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.


Pason Systems Current Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Pason Systems's Current Ratio distribution charts can be found below:

* The bar in red indicates where Pason Systems's Current Ratio falls into.


PSYTF
89GF Score
Pason Systems Inc PSYTF
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pason Systems 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.

Pason Systems's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=132.088/66.546
=1.98

Pason Systems'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 )
=135.727/64.363
=2.11

* 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 2.11 mean?
Pason Systems (PSYTF) has a Current Ratio of 2.11 as of Mar. 2026. This is 61% below median its historical median of 5.48. Over the past decade, Pason Systems' Current Ratio has ranged from 1.98 to 11.60. According to the industry distribution chart, Pason Systems ranks #310 out of 1016 companies in the Oil & Gas industry, placing it in the top 30.5%.
Is Pason Systems' Current Ratio too high?
Pason Systems' current Current Ratio of 2.11 is 61% below median its 10-year median of 5.48. Over the past 10 years, this metric has ranged from a low of 1.98 to a high of 11.60. The Oil & Gas industry median Current Ratio is 1.36. Pason Systems' value of 2.11 is 55.7% above this industry median. Based on the distribution chart, Pason Systems ranks #310 out of 1016 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Pason Systems has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pason Systems' Current Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Pason Systems ranks #310 out of 1016 companies for Current Ratio. This puts Pason Systems in the upper half of its industry. The industry median Current Ratio is 1.36. Pason Systems' value of 2.11 is 55.7% above this benchmark. Historically, Pason Systems' own Current Ratio has ranged from 1.98 to 11.60 over the past decade. While the company's 10-year median is 5.48 vs. the industry median of 1.36, Pason Systems 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. Pason Systems's current Current Ratio of 2.11 is 55.7% 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. Pason Systems's current Current Ratio is 2.11, which is 61% below median its own 10-year median of 5.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pason Systems stock overvalued right now?
Based on GuruFocus' analysis, Pason Systems (PSYTF) is currently considered Modestly Undervalued. The stock's GF Value™ is $10.20, compared to a current price of $8.63 — trading 15.4% below its estimated fair value. The current Current Ratio is 2.11, which is 61% below median its 10-year median of 5.48 and 55.7% above the Oil & Gas industry median of 1.36. Pason Systems' overall GF Score™ is 89/100 with 3 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 Pason Systems (PSYTF), the current Current Ratio is 2.11 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 Pason Systems (PSYTF) Overvalued in 2026?

Based on GuruFocus' analysis, Pason Systems stock appears to be undervalued. The current stock price of $8.63 is trading 15.4% below its estimated GF Value™ of $10.20. GuruFocus considers Pason Systems to be Modestly Undervalued.

Key valuation signals for PSYTF:

  • Current Ratio: 2.11 (61% below median its 10-year median of 5.48)
  • GF Value™: $10.20 vs. price of $8.63 (15.4% below fair value)
  • GF Score™: 89/100 with 3 warning signs
  • Industry Position: 55.7% above the Oil & Gas median (#310 of 1016)

No single metric tells the full story. See the PSYTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pason Systems Business Description

Industry EnergyOil & Gas
Other Exchanges 3PS:GermanyPSI:Canada
Address 6130 3rd Street SE, Calgary, AB, CAN, T2H 1K4
Pason Systems Inc is a provider of instrumentation and data management systems for drilling rigs. The electronic drilling recorder is the company's product, and provides a complete system of drilling data acquisition, data networking, drilling management tools, and reports at both the wellsite and customer office. The company reports on four strategic business units: The North American Drilling (Canada and the United States) and International Drilling (Latin America, including Mexico, Offshore, the Eastern Hemisphere, and the Middle East) and completions business units, all of which offer technology services to the oil and gas industry, and the Solar and Energy Storage business unit, which provides technology services to solar and energy storage developers.
89GF Score

Get the complete analysis for PSYTF

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$8.63
Price
$10.20
GF Value