Defiance Silver (TSXV:DEF) Current Ratio: 9.26 (As of Mar. 2026) — 291% Above Median


TSXV:DEF Defiance Silver Corp TSXV:DEF
33 GF Score
Price C$0.18
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What is Defiance Silver Current Ratio?

Defiance Silver TSXV:DEF 33 Current Ratio is 9.26 as of Mar. 2026, which is 291% above its 10-year median of 2.37. GuruFocus rates TSXV:DEF with a GF Score™ of 33/100. Among 2,637 Metals & Mining companies, Defiance Silver ranks better than 77.28% 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. Defiance Silver's current ratio for the quarter that ended in Mar. 2026 was 9.26.

Defiance Silver has a current ratio of 9.26. 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 Defiance Silver's Current Ratio or its related term are showing as below:

TSXV:DEF' s Current Ratio Range Over the Past 10 Years
Min: 0.04   Med: 2.37   Max: 22.44
Current: 9.26

During the past 13 years, Defiance Silver's highest Current Ratio was 22.44. The lowest was 0.04. And the median was 2.37.

TSXV:DEF's Current Ratio is ranked better than
77.28% of 2637 companies
in the Metals & Mining industry
Industry Median: 2.62 vs TSXV:DEF: 9.26

Defiance Silver  (TSXV:DEF) 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.


Defiance Silver Current Ratio Related Terms


Defiance Silver Current Ratio Historical Data

* Premium members only.

The historical data trend for Defiance Silver'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.

Defiance Silver Current Ratio Chart

Defiance Silver Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.95 8.79 3.93 0.42 17.71

Defiance Silver 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 1.09 17.71 19.41 9.09 9.26

TSXV:DEF vs HL: Current Ratio Comparison

For the Other Precious Metals & Mining subindustry, Defiance Silver'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.


Defiance Silver Current Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Defiance Silver's Current Ratio falls into.


TSXV:DEF
33GF Score
Defiance Silver Corp TSXV:DEF
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Defiance Silver 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.

Defiance Silver's Current Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Current Ratio (A: Jun. 2025 )=Total Current Assets (A: Jun. 2025 )/Total Current Liabilities (A: Jun. 2025 )
=15.017/0.848
=17.71

Defiance Silver'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 )
=10.091/1.09
=9.26

* 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 9.26 mean?
Defiance Silver (TSXV:DEF) has a Current Ratio of 9.26 as of Mar. 2026. This is 291% above median its historical median of 2.37. Over the past decade, Defiance Silver's Current Ratio has ranged from 0.04 to 22.44. According to the industry distribution chart, Defiance Silver ranks #599 out of 2637 companies in the Metals & Mining industry, placing it in the top 22.7%.
Is Defiance Silver's Current Ratio too high?
Defiance Silver's current Current Ratio of 9.26 is 291% above median its 10-year median of 2.37. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 22.44. The Metals & Mining industry median Current Ratio is 2.62. Defiance Silver's value of 9.26 is 253.4% above this industry median. Based on the distribution chart, Defiance Silver ranks #599 out of 2637 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Defiance Silver has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Defiance Silver's Current Ratio compare to HL?
According to the Metals & Mining industry distribution chart, Defiance Silver ranks #599 out of 2637 companies for Current Ratio. This places Defiance Silver in the top 23% of its industry — outperforming the majority of peers. The industry median Current Ratio is 2.62. Defiance Silver's value of 9.26 is 253.4% above this benchmark. Historically, Defiance Silver's own Current Ratio has ranged from 0.04 to 22.44 over the past decade. While the company's 10-year median is 2.37 vs. the industry median of 2.62, Defiance Silver 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 2.62, 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. Defiance Silver's current Current Ratio of 9.26 is 253.4% 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 2.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Defiance Silver's current Current Ratio is 9.26, which is 291% above median its own 10-year median of 2.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Defiance Silver stock overvalued right now?
Defiance Silver (TSXV:DEF) has a current Current Ratio of 9.26. The current Current Ratio is 9.26, which is 291% above median its 10-year median of 2.37 and 253.4% above the Metals & Mining industry median of 2.62. Defiance Silver's overall GF Score™ is 33/100. 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 Defiance Silver (TSXV:DEF), the current Current Ratio is 9.26 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.

Defiance Silver Business Description

Other Exchanges DNCVF:USAD4E:Germany
Address 550 Burrard Street, Suite 2900, Vancouver, BC, CAN, V6C 0A3
Defiance Silver Corp is a Mexico-based silver, gold, copper, and polymetallic exploration & development company. The company is focused on advancing two projects in Mexico, the Zacatecas silver project in the historic mining region of Zacatecas and the Tepal copper-gold project in Michoacan. The company's projects include Zacatecas silver projects located in north-central Mexico and the Tepal copper-gold project located in the state of Michoacan, Mexico.
33GF Score

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

C$0.18
Price