Enthusiast Gaming Holdings (TSX:EGLX) Current Ratio: 0.13 (As of Mar. 2026) — 85% Below Median

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What is Enthusiast Gaming Holdings Current Ratio?

Enthusiast Gaming Holdings TSX:EGLX Current Ratio is 0.13 as of Mar. 2026, which is 85% below its 10-year median of 0.84. The stock has 5 warning signs investors should review. Among 567 Interactive Media companies, Enthusiast Gaming Holdings ranks worse than 97.18% 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. Enthusiast Gaming Holdings's current ratio for the quarter that ended in Mar. 2026 was 0.13.

Enthusiast Gaming Holdings has a current ratio of 0.13. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Enthusiast Gaming Holdings 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 Enthusiast Gaming Holdings's Current Ratio or its related term are showing as below:

TSX:EGLX' s Current Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.84   Max: 40.32
Current: 0.13

During the past 8 years, Enthusiast Gaming Holdings's highest Current Ratio was 40.32. The lowest was 0.11. And the median was 0.84.

TSX:EGLX's Current Ratio is ranked worse than
97.18% of 567 companies
in the Interactive Media industry
Industry Median: 2.29 vs TSX:EGLX: 0.13

Enthusiast Gaming Holdings  (TSX:EGLX) 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.


Enthusiast Gaming Holdings Current Ratio Related Terms


Enthusiast Gaming Holdings Current Ratio Historical Data

* Premium members only.

The historical data trend for Enthusiast Gaming Holdings'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.

Enthusiast Gaming Holdings Current Ratio Chart

Enthusiast Gaming Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial 0.87 0.81 0.53 0.30 0.15

Enthusiast Gaming Holdings 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 0.17 0.11 0.16 0.15 0.13

TSX:EGLX vs GOOGL, META, SPOT: Current Ratio Comparison

For the Internet Content & Information subindustry, Enthusiast Gaming Holdings'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.


Enthusiast Gaming Holdings Current Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Enthusiast Gaming Holdings's Current Ratio distribution charts can be found below:

* The bar in red indicates where Enthusiast Gaming Holdings's Current Ratio falls into.



Enthusiast Gaming Holdings 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.

Enthusiast Gaming Holdings'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 )
=8.898/61.239
=0.15

Enthusiast Gaming Holdings'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 )
=7.745/61.045
=0.13

* 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 0.13 mean?
Enthusiast Gaming Holdings (TSX:EGLX) has a Current Ratio of 0.13 as of Mar. 2026. This is 85% below median its historical median of 0.84. Over the past decade, Enthusiast Gaming Holdings' Current Ratio has ranged from 0.11 to 40.32. According to the industry distribution chart, Enthusiast Gaming Holdings ranks #551 out of 567 companies in the Interactive Media industry, placing it in the top 97.2%.
Is Enthusiast Gaming Holdings' Current Ratio too high?
Enthusiast Gaming Holdings' current Current Ratio of 0.13 is 85% below median its 10-year median of 0.84. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 40.32. The Interactive Media industry median Current Ratio is 2.29. Enthusiast Gaming Holdings' value of 0.13 is 94.3% below this industry median. Based on the distribution chart, Enthusiast Gaming Holdings ranks #551 out of 567 companies in the Interactive Media industry, which is in the bottom quartile relative to peers.
How does Enthusiast Gaming Holdings' Current Ratio compare to GOOGL and META?
According to the Interactive Media industry distribution chart, Enthusiast Gaming Holdings ranks #551 out of 567 companies for Current Ratio. This places Enthusiast Gaming Holdings in the lower half of its industry. The industry median Current Ratio is 2.29. Enthusiast Gaming Holdings' value of 0.13 is 94.3% below this benchmark. Historically, Enthusiast Gaming Holdings' own Current Ratio has ranged from 0.11 to 40.32 over the past decade. While the company's 10-year median is 0.84 vs. the industry median of 2.29, Enthusiast Gaming Holdings 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 an Interactive Media company?
The median Current Ratio among Interactive Media companies is 2.29, based on 567 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. Enthusiast Gaming Holdings's current Current Ratio of 0.13 is 94.3% 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 Interactive Media industry, the median Current Ratio is 2.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Enthusiast Gaming Holdings's current Current Ratio is 0.13, which is 85% below median its own 10-year median of 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enthusiast Gaming Holdings stock overvalued right now?
Based on GuruFocus' analysis, Enthusiast Gaming Holdings (TSX:EGLX) is currently considered Modestly Overvalued. The stock's GF Value™ is C$0.05, compared to a current price of C$0.06 — trading 20% above its estimated fair value. The current Current Ratio is 0.13, which is 85% below median its 10-year median of 0.84 and 94.3% below the Interactive Media industry median of 2.29. 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 Enthusiast Gaming Holdings (TSX:EGLX), the current Current Ratio is 0.13 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.

Enthusiast Gaming Holdings Business Description

Other Exchanges EGLXF:USA2AV:Germany
Address 2 St. Clair West, Suite 1000, Toronto, ON, CAN, M4V 1L5
Enthusiast Gaming Holdings Inc operates in the digital media products and events industry segment. The company's principal business activities include media and content, events and subscriptions. Its digital media platform is centered around a portfolio of flagship video gaming related products, including owned and operated websites and casual games, through which the company derives its media and content revenue. The company's events business is comprised of Pocket Gamer Connects, a mobile gaming events series. Its subscription revenue includes owned and operated video gaming related products such as The Sims Resource. The company operates in four geographic locations, namely the USA, England and Wales, Canada and all other countries, with the maximum revenue derived from the USA.