Newcore Gold (STU:PI8) Current Ratio: 5.09 (As of Mar. 2026) — 68% Below Median

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STU:PI8 Newcore Gold Ltd STU:PI8
37 GF Score
Price €0.18
! 2 Warning Signs
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What is Newcore Gold Current Ratio?

Newcore Gold STU:PI8 -1.90% 37 Current Ratio is 5.09 as of Mar. 2026, which is 68% below its 10-year median of 16.13. GuruFocus rates STU:PI8 with a GF Score™ of 37/100. The stock has 2 warning signs investors should review. Among 2,637 Metals & Mining companies, Newcore Gold ranks better than 66.55% 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. Newcore Gold's current ratio for the quarter that ended in Mar. 2026 was 5.09.

Newcore Gold has a current ratio of 5.09. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.

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

STU:PI8' s Current Ratio Range Over the Past 10 Years
Min: 1.65   Med: 16.13   Max: 88.47
Current: 5.09

During the past 13 years, Newcore Gold's highest Current Ratio was 88.47. The lowest was 1.65. And the median was 16.13.

STU:PI8's Current Ratio is ranked better than
66.55% of 2637 companies
in the Metals & Mining industry
Industry Median: 2.64 vs STU:PI8: 5.09

Newcore Gold  (STU:PI8) 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.


Newcore Gold Current Ratio Related Terms


Newcore Gold Current Ratio Historical Data

* Premium members only.

The historical data trend for Newcore Gold'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.

Newcore Gold Current Ratio Chart

Newcore Gold 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 4.90 10.36 23.98 3.00 2.04

Newcore Gold 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 16.63 10.91 4.64 2.04 5.09

STU:PI8 vs NEM, AU: Current Ratio Comparison

For the Gold subindustry, Newcore Gold'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.


Newcore Gold Current Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Newcore Gold's Current Ratio falls into.


STU:PI8
37GF Score
Newcore Gold Ltd STU:PI8
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Newcore Gold 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.

Newcore Gold'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 )
=2.959/1.447
=2.04

Newcore Gold'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 )
=5.589/1.098
=5.09

* 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 5.09 mean?
Newcore Gold (STU:PI8) has a Current Ratio of 5.09 as of Mar. 2026. This is 68% below median its historical median of 16.13. Over the past decade, Newcore Gold's Current Ratio has ranged from 1.65 to 88.47. According to the industry distribution chart, Newcore Gold ranks #882 out of 2637 companies in the Metals & Mining industry, placing it in the top 33.4%.
Is Newcore Gold's Current Ratio too high?
Newcore Gold's current Current Ratio of 5.09 is 68% below median its 10-year median of 16.13. Over the past 10 years, this metric has ranged from a low of 1.65 to a high of 88.47. The Metals & Mining industry median Current Ratio is 2.64. Newcore Gold's value of 5.09 is 92.8% above this industry median. Based on the distribution chart, Newcore Gold ranks #882 out of 2637 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Newcore Gold has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Newcore Gold's Current Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Newcore Gold ranks #882 out of 2637 companies for Current Ratio. This puts Newcore Gold in the upper half of its industry. The industry median Current Ratio is 2.64. Newcore Gold's value of 5.09 is 92.8% above this benchmark. Historically, Newcore Gold's own Current Ratio has ranged from 1.65 to 88.47 over the past decade. While the company's 10-year median is 16.13 vs. the industry median of 2.64, Newcore Gold 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 a Metals & Mining company?
The median Current Ratio among Metals & Mining companies is 2.64, based on 2,637 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. Newcore Gold's current Current Ratio of 5.09 is 92.8% 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 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. Newcore Gold's current Current Ratio is 5.09, which is 68% below median its own 10-year median of 16.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Newcore Gold stock overvalued right now?
Newcore Gold (STU:PI8) has a current Current Ratio of 5.09. The current Current Ratio is 5.09, which is 68% below median its 10-year median of 16.13 and 92.8% above the Metals & Mining industry median of 2.64. Newcore Gold's overall GF Score™ is 37/100 with 2 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 Newcore Gold (STU:PI8), the current Current Ratio is 5.09 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.

Newcore Gold Business Description

Other Exchanges NCAUF:USANCAU:Canada
Address 1560 - 200 Burrard Street, Vancouver, BC, CAN, V6C 3L6
Newcore Gold Ltd is a gold exploration and development company advancing the Enchi Gold Project in southwest Ghana. It has one segment, the acquisition, exploration, evaluation, and development of mineral resource properties.
37GF Score

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

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