Eureka Capital (TSXV:EBCD.P) Current Ratio: 1.89 (As of Mar. 2026) — 88% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Eureka Capital Current Ratio?

Eureka Capital TSXV:EBCD.P Current Ratio is 1.89 as of Mar. 2026, which is 88% below its 10-year median of 16.05. The stock has 1 warning sign investors should review. Among 492 Diversified Financial Services companies, Eureka Capital ranks worse than 58.74% 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. Eureka Capital's current ratio for the quarter that ended in Mar. 2026 was 1.89.

Eureka Capital has a current ratio of 1.89. It generally indicates good short-term financial strength.

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

TSXV:EBCD.P' s Current Ratio Range Over the Past 10 Years
Min: 1.77   Med: 16.05   Max: 550
Current: 1.89

During the past 4 years, Eureka Capital's highest Current Ratio was 550.00. The lowest was 1.77. And the median was 16.05.

TSXV:EBCD.P's Current Ratio is ranked worse than
58.74% of 492 companies
in the Diversified Financial Services industry
Industry Median: 3.145 vs TSXV:EBCD.P: 1.89

Eureka Capital  (TSXV:EBCD.P) 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.


Eureka Capital Current Ratio Related Terms


Eureka Capital Current Ratio Historical Data

* Premium members only.

The historical data trend for Eureka Capital'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.

Eureka Capital Current Ratio Chart

Eureka Capital Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Current Ratio
21.60 273.50 2.02 2.12

Eureka Capital Quarterly Data
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 1.77 2.08 2.08 2.12 1.89

TSXV:EBCD.P vs XXI, CCXI, DMII: Current Ratio Comparison

For the Shell Companies subindustry, Eureka Capital'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.


Eureka Capital Current Ratio vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Eureka Capital's Current Ratio distribution charts can be found below:

* The bar in red indicates where Eureka Capital's Current Ratio falls into.



Eureka Capital 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.

Eureka Capital'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 )
=0.288/0.136
=2.12

Eureka Capital'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 )
=0.282/0.149
=1.89

* 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 1.89 mean?
Eureka Capital (TSXV:EBCD.P) has a Current Ratio of 1.89 as of Mar. 2026. This is 88% below median its historical median of 16.05. Over the past decade, Eureka Capital's Current Ratio has ranged from 1.77 to 550.00. According to the industry distribution chart, Eureka Capital ranks #289 out of 492 companies in the Diversified Financial Services industry, placing it in the top 58.7%.
Is Eureka Capital's Current Ratio too high?
Eureka Capital's current Current Ratio of 1.89 is 88% below median its 10-year median of 16.05. Over the past 10 years, this metric has ranged from a low of 1.77 to a high of 550.00. The Diversified Financial Services industry median Current Ratio is 3.15. Eureka Capital's value of 1.89 is 39.9% below this industry median. Based on the distribution chart, Eureka Capital ranks #289 out of 492 companies in the Diversified Financial Services industry, which is below the industry midpoint.
How does Eureka Capital's Current Ratio compare to XXI and CCXI?
According to the Diversified Financial Services industry distribution chart, Eureka Capital ranks #289 out of 492 companies for Current Ratio. This places Eureka Capital in the lower half of its industry. The industry median Current Ratio is 3.15. Eureka Capital's value of 1.89 is 39.9% below this benchmark. Historically, Eureka Capital's own Current Ratio has ranged from 1.77 to 550.00 over the past decade. While the company's 10-year median is 16.05 vs. the industry median of 3.15, Eureka Capital 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 Diversified Financial Services company?
The median Current Ratio among Diversified Financial Services companies is 3.15, based on 492 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. Eureka Capital's current Current Ratio of 1.89 is 39.9% 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 Diversified Financial Services industry, the median Current Ratio is 3.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eureka Capital's current Current Ratio is 1.89, which is 88% below median its own 10-year median of 16.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eureka Capital stock overvalued right now?
Eureka Capital (TSXV:EBCD.P) has a current Current Ratio of 1.89. The current Current Ratio is 1.89, which is 88% below median its 10-year median of 16.05 and 39.9% below the Diversified Financial Services industry median of 3.15. 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 Eureka Capital (TSXV:EBCD.P), the current Current Ratio is 1.89 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.

Eureka Capital Business Description

Address 12 Royal Vista Way NW, Suite 1214, Calgary, AB, CAN, T3R 0N2
Eureka Capital Corp is a a capital pool company.