Trilogy MetalsTMQ +0.30%34 Current Ratio is 1.46 as of Feb. 2026, which is 86% below its 10-year median of 10.29. GuruFocus rates TMQ with a GF Score™ of 34/100. The stock has 2 warning signs investors should review. Among 2,638 Metals & Mining companies, Trilogy Metals ranks worse than 66.07% 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. Trilogy Metals's current ratio for the quarter that ended in Feb. 2026 was 1.46.
Trilogy Metals has a current ratio of 1.46. It generally indicates good short-term financial strength.
The historical rank and industry rank for Trilogy Metals's Current Ratio or its related term are showing as below:
TMQ'
s Current Ratio Range Over the Past 10 Years
Min: 1.46 Med: 10.29 Max: 63.58
Current: 1.46
During the past 13 years, Trilogy Metals's highest Current Ratio was 63.58. The lowest was 1.46. And the median was 10.29.
TMQ's Current Ratio is ranked worse than 66.07% of 2638
companies
in the Metals & Mining industry
Industry Median: 2.64
vs TMQ: 1.46
Trilogy Metals (AMEX:TMQ) 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.
Trilogy Metals Current Ratio Related Terms
Trilogy Metals Current Ratio Historical Data
* Premium members only.
The historical data trend for Trilogy 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.
Trilogy Metals Current Ratio Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Trilogy 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.
Trilogy Metals Current Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Trilogy Metals's Current Ratio distribution charts can be found below:
* The bar in red indicates where Trilogy Metals'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.
Trilogy Metals (TMQ) has a Current Ratio of 1.46 as of Feb. 2026. This is 86% below median its historical median of 10.29. Over the past decade, Trilogy Metals' Current Ratio has ranged from 1.46 to 63.58. According to the industry distribution chart, Trilogy Metals ranks #1743 out of 2638 companies in the Metals & Mining industry, placing it in the top 66.1%.
Is Trilogy Metals' Current Ratio too high?
Trilogy Metals' current Current Ratio of 1.46 is 86% below median its 10-year median of 10.29. Over the past 10 years, this metric has ranged from a low of 1.46 to a high of 63.58. The Metals & Mining industry median Current Ratio is 2.64. Trilogy Metals' value of 1.46 is 44.7% below this industry median. Based on the distribution chart, Trilogy Metals ranks #1743 out of 2638 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Trilogy Metals has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Trilogy Metals' Current Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Trilogy Metals ranks #1743 out of 2638 companies for Current Ratio. This places Trilogy Metals in the lower half of its industry. The industry median Current Ratio is 2.64. Trilogy Metals' value of 1.46 is 44.7% below this benchmark. Historically, Trilogy Metals' own Current Ratio has ranged from 1.46 to 63.58 over the past decade. While the company's 10-year median is 10.29 vs. the industry median of 2.64, Trilogy 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 2.64, 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. Trilogy Metals's current Current Ratio of 1.46 is 44.7% 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. Trilogy Metals's current Current Ratio is 1.46, which is 86% below median its own 10-year median of 10.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trilogy Metals stock overvalued right now?
Trilogy Metals (TMQ) has a current Current Ratio of 1.46. The current Current Ratio is 1.46, which is 86% below median its 10-year median of 10.29 and 44.7% below the Metals & Mining industry median of 2.64. Trilogy 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 Trilogy Metals (TMQ), the current Current Ratio is 1.46 as of Feb. 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.
Trilogy Metals Inc is an exploration stage company engaged in mineral exploration. The company focuses on exploring and developing its mineral resource properties, which include the Upper Kobuk Mineral Projects (UKMP or UKMP Projects), in the Ambler mining district located in Alaska, the USA. Its properties include the Arctic copper-zinc-gold-silver project and other mineralized targets within a volcanogenic massive sulfide belt, and it also has a bornite carbonate-hosted copper project.
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