SURMF (Surface Metals) Current Ratio: 2.25 (As of Mar. 2026) — 11% Above Median

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SURMF Surface Metals Inc SURMF
34 GF Score
Price $0.10
! 2 Warning Signs
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What is Surface Metals Current Ratio?

Surface Metals SURMF -0.42% 34 Current Ratio is 2.25 as of Mar. 2026, which is 11% above its 10-year median of 2.03. GuruFocus rates SURMF with a GF Score™ of 34/100. The stock has 2 warning signs investors should review. Among 2,638 Metals & Mining companies, Surface Metals ranks worse than 54.17% 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. Surface Metals's current ratio for the quarter that ended in Mar. 2026 was 2.25.

Surface Metals has a current ratio of 2.25. It generally indicates good short-term financial strength.

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

SURMF' s Current Ratio Range Over the Past 10 Years
Min: 0.05   Med: 2.03   Max: 79.6
Current: 2.24

During the past 8 years, Surface Metals's highest Current Ratio was 79.60. The lowest was 0.05. And the median was 2.03.

SURMF's Current Ratio is ranked worse than
54.17% of 2638 companies
in the Metals & Mining industry
Industry Median: 2.62 vs SURMF: 2.24

Surface Metals  (OTCPK:SURMF) 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.


Surface Metals Current Ratio Related Terms


Surface Metals Current Ratio Historical Data

* Premium members only.

The historical data trend for Surface Metals'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.

Surface Metals Current Ratio Chart

Surface Metals Annual Data
Trend Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Current Ratio
Get a 7-Day Free Trial 12.01 10.68 0.78 1.19 4.26

Surface Metals 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 0.50 2.44 4.26 4.14 2.25

Surface Metals Current Ratio Competitor Comparison

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


Surface Metals Current Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Surface Metals's Current Ratio falls into.


SURMF
34GF Score
Surface Metals Inc SURMF
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Surface Metals 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.

Surface Metals's Current Ratio for the fiscal year that ended in Sep. 2025 is calculated as

Current Ratio (A: Sep. 2025 )=Total Current Assets (A: Sep. 2025 )/Total Current Liabilities (A: Sep. 2025 )
=0.749/0.176
=4.26

Surface Metals'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 )
=0.503/0.224
=2.25

* 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 2.25 mean?
Surface Metals (SURMF) has a Current Ratio of 2.25 as of Mar. 2026. This is 11% above median its historical median of 2.03. Over the past decade, Surface Metals' Current Ratio has ranged from 0.05 to 79.60. According to the industry distribution chart, Surface Metals ranks #1429 out of 2638 companies in the Metals & Mining industry, placing it in the top 54.2%.
Is Surface Metals' Current Ratio too high?
Surface Metals' current Current Ratio of 2.25 is 11% above median its 10-year median of 2.03. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 79.60. The Metals & Mining industry median Current Ratio is 2.62. Surface Metals' value of 2.25 is 14.1% below this industry median. Based on the distribution chart, Surface Metals ranks #1429 out of 2638 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Surface Metals has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Surface Metals' Current Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Surface Metals ranks #1429 out of 2638 companies for Current Ratio. This places Surface Metals in the lower half of its industry. The industry median Current Ratio is 2.62. Surface Metals' value of 2.25 is 14.1% below this benchmark. Historically, Surface Metals' own Current Ratio has ranged from 0.05 to 79.60 over the past decade. While the company's 10-year median is 2.03 vs. the industry median of 2.62, Surface Metals 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 2.62, 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. Surface Metals's current Current Ratio of 2.25 is 14.1% 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 2.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Surface Metals's current Current Ratio is 2.25, which is 11% above median its own 10-year median of 2.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Surface Metals stock overvalued right now?
Surface Metals (SURMF) has a current Current Ratio of 2.25. The current Current Ratio is 2.25, which is 11% above median its 10-year median of 2.03 and 14.1% below the Metals & Mining industry median of 2.62. Surface Metals' overall GF Score™ is 34/100 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 Surface Metals (SURMF), the current Current Ratio is 2.25 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.

Surface Metals Business Description

Other Exchanges SUR:Canada
Address 318 - 1199 West Pender Street, Vancouver, BC, CAN, V6E 2R1
Surface Metals Inc is a mineral exploration company engaged in the acquisition, exploration, and evaluation of natural resource properties located in the State of Nevada, USA, and Manitoba, Canada. The company's projects include Clayton valley, Fish lake valley, Shatford lake, Cat-Euclid lake, Birse lake project.
34GF 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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