Armory Mining (STU:2JS) Current Ratio: 0.58 (As of Nov. 2025) — 75% Below Median


What is Armory Mining Current Ratio?

Armory Mining STU:2JS +17.65% Current Ratio is 0.58 as of Nov. 2025, which is 75% below its 10-year median of 2.35. The stock has 1 warning sign investors should review. Among 2,632 Metals & Mining companies, Armory Mining ranks worse than 82.37% 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. Armory Mining's current ratio for the quarter that ended in Nov. 2025 was 0.58.

Armory Mining has a current ratio of 0.58. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Armory Mining 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 Armory Mining's Current Ratio or its related term are showing as below:

STU:2JS' s Current Ratio Range Over the Past 10 Years
Min: 0.31   Med: 2.35   Max: 25
Current: 0.58

During the past 9 years, Armory Mining's highest Current Ratio was 25.00. The lowest was 0.31. And the median was 2.35.

STU:2JS's Current Ratio is ranked worse than
82.37% of 2632 companies
in the Metals & Mining industry
Industry Median: 2.625 vs STU:2JS: 0.58

Armory Mining  (STU:2JS) 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.


Armory Mining Current Ratio Related Terms


Armory Mining Current Ratio Historical Data

* Premium members only.

The historical data trend for Armory Mining'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.

Armory Mining Current Ratio Chart

Armory Mining Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Current Ratio
Get a 7-Day Free Trial Premium Member Only 5.47 2.35 0.46 0.31 0.58

Armory Mining Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25
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 0.31 0.74 0.42 1.16 0.58

Armory Mining Current Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Armory Mining'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.


Armory Mining Current Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Armory Mining's Current Ratio distribution charts can be found below:

* The bar in red indicates where Armory Mining's Current Ratio falls into.



Armory Mining 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.

Armory Mining's Current Ratio for the fiscal year that ended in Nov. 2025 is calculated as

Current Ratio (A: Nov. 2025 )=Total Current Assets (A: Nov. 2025 )/Total Current Liabilities (A: Nov. 2025 )
=0.348/0.599
=0.58

Armory Mining's Current Ratio for the quarter that ended in Nov. 2025 is calculated as

Current Ratio (Q: Nov. 2025 )=Total Current Assets (Q: Nov. 2025 )/Total Current Liabilities (Q: Nov. 2025 )
=0.348/0.599
=0.58

* 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 0.58 mean?
Armory Mining (STU:2JS) has a Current Ratio of 0.58 as of Nov. 2025. This is 75% below median its historical median of 2.35. Over the past decade, Armory Mining's Current Ratio has ranged from 0.31 to 25.00. According to the industry distribution chart, Armory Mining ranks #2168 out of 2632 companies in the Metals & Mining industry, placing it in the top 82.4%.
Is Armory Mining's Current Ratio too high?
Armory Mining's current Current Ratio of 0.58 is 75% below median its 10-year median of 2.35. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 25.00. The Metals & Mining industry median Current Ratio is 2.63. Armory Mining's value of 0.58 is 77.9% below this industry median. Based on the distribution chart, Armory Mining ranks #2168 out of 2632 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Armory Mining's Current Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Armory Mining ranks #2168 out of 2632 companies for Current Ratio. This places Armory Mining in the lower half of its industry. The industry median Current Ratio is 2.63. Armory Mining's value of 0.58 is 77.9% below this benchmark. Historically, Armory Mining's own Current Ratio has ranged from 0.31 to 25.00 over the past decade. While the company's 10-year median is 2.35 vs. the industry median of 2.63, Armory Mining 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 2.63, based on 2,632 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. Armory Mining's current Current Ratio of 0.58 is 77.9% 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 2.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Armory Mining's current Current Ratio is 0.58, which is 75% below median its own 10-year median of 2.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Armory Mining stock overvalued right now?
Armory Mining (STU:2JS) has a current Current Ratio of 0.58. The current Current Ratio is 0.58, which is 75% below median its 10-year median of 2.35 and 77.9% below the Metals & Mining industry median of 2.63. 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 Armory Mining (STU:2JS), the current Current Ratio is 0.58 as of Nov. 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.

Armory Mining Business Description

Other Exchanges RMRYF:USAARMY:Canada
Address 1199 West Hastings Street, Suite 1100, Vancouver, BC, CAN, V6E 3T5
Armory Mining Corps is a Canadian lithium-focused mineral exploration company that has an 80% interest in the Candela II lithium brine project located in the Incahuasi Salar, Salta Province, Argentina. Armory also holds a 100% interest in the Kaslo Silver project, west of Kaslo, British Columbia, a 100% interest in certain mineral claims located in Haida Gwaii, British Columbia and an option to acquire a 100% interest in certain mineral claims located in Nova Scotia.