Inca One Gold (STU:SU92) Current Ratio: 0.59 (As of Jan. 2024)

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STU:SU92 Inca One Gold Corp STU:SU92
31 GF Score
Price €0.06
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What is Inca One Gold Current Ratio?

Inca One Gold STU:SU92 31 Current Ratio is 0.59 as of Jan. 2024. GuruFocus rates STU:SU92 with a GF Score™ of 31/100.

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. Inca One Gold's current ratio for the quarter that ended in Jan. 2024 was 0.59.

Inca One Gold has a current ratio of 0.59. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Inca One Gold 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 Inca One Gold's Current Ratio or its related term are showing as below:

STU:SU92's Current Ratio is not ranked *
in the Metals & Mining industry.
Industry Median: 2.64
* Ranked among companies with meaningful Current Ratio only.

Inca One Gold  (STU:SU92) 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.


Inca One Gold Current Ratio Related Terms


Inca One Gold Current Ratio Historical Data

* Premium members only.

The historical data trend for Inca One 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.

Inca One Gold Current Ratio Chart

Inca One Gold Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.43 0.94 1.12 0.84 0.60

Inca One Gold Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.59 0.60 0.62 0.53 0.59

STU:SU92 vs NEM: Current Ratio Comparison

For the Gold subindustry, Inca One 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.


Inca One Gold Current Ratio vs Metals & Mining Industry

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

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


STU:SU92
31GF Score
Inca One Gold Corp STU:SU92
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Inca One 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.

Inca One Gold's Current Ratio for the fiscal year that ended in Apr. 2023 is calculated as

Current Ratio (A: Apr. 2023 )=Total Current Assets (A: Apr. 2023 )/Total Current Liabilities (A: Apr. 2023 )
=9.898/16.609
=0.60

Inca One Gold's Current Ratio for the quarter that ended in Jan. 2024 is calculated as

Current Ratio (Q: Jan. 2024 )=Total Current Assets (Q: Jan. 2024 )/Total Current Liabilities (Q: Jan. 2024 )
=11.64/19.866
=0.59

* 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 0.59 mean?
Inca One Gold (STU:SU92) has a Current Ratio of 0.59 as of Jan. 2024.
Is Inca One Gold's Current Ratio too high?
Inca One Gold's current Current Ratio is 0.59. The Metals & Mining industry median Current Ratio is 2.64. Inca One Gold's value of 0.59 is 77.7% below this industry median. Overall, Inca One Gold has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Inca One Gold's Current Ratio compare to NEM?
Inca One Gold's Current Ratio of 0.59 can be compared against companies in the Metals & Mining industry. The industry median Current Ratio is 2.64. Inca One Gold's value of 0.59 is 77.7% 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. Inca One Gold's current Current Ratio of 0.59 is 77.7% 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. Inca One Gold's current Current Ratio is 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inca One Gold stock overvalued right now?
Inca One Gold (STU:SU92) has a current Current Ratio of 0.59. The current Current Ratio is 0.59 and 77.7% below the Metals & Mining industry median of 2.64. Inca One Gold's overall GF Score™ is 31/100. 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 Inca One Gold (STU:SU92), the current Current Ratio is 0.59 as of Jan. 2024. 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.

Inca One Gold Business Description

Address 1140 West Pender Street, Suite 850, Vancouver, BC, CAN, V6E 4G1
Inca One Gold Corp is a mineral resource company and mineral processing company. It is engaged in the business of developing gold-bearing mineral processing operations in Peru. Its activities consist of the production of gold and silver from the processing of purchased minerals. It provides its service basically to small-scale miners. It's Chala One milling facility located in Chala, Southern Peru. The Koricancha ore processing facility located in Peru. The company operates through a gold milling facility and generates revenue from the same.
31GF 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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