Solis MineralsSLMFF -72.31%13 Current Ratio is 1.48 as of May. 2025. GuruFocus rates SLMFF with a GF Score™ of 13/100. Among 2,638 Metals & Mining companies, Solis Minerals ranks worse than 37907.47% 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. Solis Minerals's current ratio for the quarter that ended in May. 2025 was 1.48.
Solis Minerals has a current ratio of 1.48. It generally indicates good short-term financial strength.
The historical rank and industry rank for Solis Minerals's Current Ratio or its related term are showing as below:
SLMFF's Current Ratio is not ranked *
in the Metals & Mining industry.
Industry Median: 2.64 * Ranked among companies with meaningful Current Ratio only.
Solis Minerals (OTCPK:SLMFF) 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.
Solis Minerals Current Ratio Related Terms
Solis Minerals Current Ratio Historical Data
* Premium members only.
The historical data trend for Solis Minerals'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.
For the Copper subindustry, Solis Minerals'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.
Solis Minerals Current Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Solis Minerals's Current Ratio distribution charts can be found below:
* The bar in red indicates where Solis Minerals'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.
Solis Minerals (SLMFF) has a Current Ratio of 1.48 as of May. 2025. According to the industry distribution chart, Solis Minerals ranks #999999 out of 2638 companies in the Metals & Mining industry.
Is Solis Minerals' Current Ratio too high?
Solis Minerals' current Current Ratio is 1.48. The Metals & Mining industry median Current Ratio is 2.64. Solis Minerals' value of 1.48 is 43.9% below this industry median. Based on the distribution chart, Solis Minerals ranks #999999 out of 2638 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Solis Minerals has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Solis Minerals' Current Ratio compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Solis Minerals ranks #999999 out of 2638 companies for Current Ratio. This places Solis Minerals in the lower half of its industry. The industry median Current Ratio is 2.64. Solis Minerals' value of 1.48 is 43.9% below this benchmark. 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. Solis Minerals's current Current Ratio of 1.48 is 43.9% 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 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. Solis Minerals's current Current Ratio is 1.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solis Minerals stock overvalued right now?
Solis Minerals (SLMFF) has a current Current Ratio of 1.48. The current Current Ratio is 1.48 and 43.9% below the Metals & Mining industry median of 2.64. Solis Minerals' overall GF Score™ is 13/100. 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 Solis Minerals (SLMFF), the current Current Ratio is 1.48 as of May. 2025. 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.
Solis Minerals Ltd is a resource exploration company engaged in the acquisition, exploration, and development of mineral resource properties. The Company operates in a single reportable operating segment being the exploration and development of mineral properties. The company is focused on the acquisition of the Peru Copper projects. It also holds an interest in Chancho al Palo Copper Project, Borborema Lithium Project, Brazil, Canyon Project and others.
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