NeoTerrex Minerals (TSXV:NTX) Current Ratio: 47.95 (As of Mar. 2026) — 169% Above Median

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What is NeoTerrex Minerals Current Ratio?

NeoTerrex Minerals TSXV:NTX Current Ratio is 47.95 as of Mar. 2026, which is 169% above its 10-year median of 17.81. The stock has 2 warning signs investors should review. Among 2,641 Metals & Mining companies, NeoTerrex Minerals ranks better than 96.86% 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. NeoTerrex Minerals's current ratio for the quarter that ended in Mar. 2026 was 47.95.

NeoTerrex Minerals has a current ratio of 47.95. 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 NeoTerrex Minerals's Current Ratio or its related term are showing as below:

TSXV:NTX' s Current Ratio Range Over the Past 10 Years
Min: 5.8   Med: 17.81   Max: 58.89
Current: 47.95

During the past 5 years, NeoTerrex Minerals's highest Current Ratio was 58.89. The lowest was 5.80. And the median was 17.81.

TSXV:NTX's Current Ratio is ranked better than
96.86% of 2641 companies
in the Metals & Mining industry
Industry Median: 2.64 vs TSXV:NTX: 47.95

NeoTerrex Minerals  (TSXV:NTX) 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.


NeoTerrex Minerals Current Ratio Related Terms


NeoTerrex Minerals Current Ratio Historical Data

* Premium members only.

The historical data trend for NeoTerrex Minerals'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.

NeoTerrex Minerals Current Ratio Chart

NeoTerrex Minerals Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
18.15 58.89 8.61 16.21 5.80

NeoTerrex Minerals Quarterly Data
Dec21 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 35.79 7.46 21.42 5.80 47.95

NeoTerrex Minerals Current Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, NeoTerrex Minerals'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.


NeoTerrex Minerals Current Ratio vs Metals & Mining Industry

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

* The bar in red indicates where NeoTerrex Minerals's Current Ratio falls into.



NeoTerrex Minerals 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.

NeoTerrex Minerals'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 )
=3.532/0.609
=5.80

NeoTerrex Minerals'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 )
=2.733/0.057
=47.95

* 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 47.95 mean?
NeoTerrex Minerals (TSXV:NTX) has a Current Ratio of 47.95 as of Mar. 2026. This is 169% above median its historical median of 17.81. Over the past decade, NeoTerrex Minerals' Current Ratio has ranged from 5.80 to 58.89. According to the industry distribution chart, NeoTerrex Minerals ranks #83 out of 2641 companies in the Metals & Mining industry, placing it in the top 3.1%.
Is NeoTerrex Minerals' Current Ratio too high?
NeoTerrex Minerals' current Current Ratio of 47.95 is 169% above median its 10-year median of 17.81. Over the past 10 years, this metric has ranged from a low of 5.80 to a high of 58.89. The Metals & Mining industry median Current Ratio is 2.64. NeoTerrex Minerals' value of 47.95 is 1716.3% above this industry median. Based on the distribution chart, NeoTerrex Minerals ranks #83 out of 2641 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does NeoTerrex Minerals' Current Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, NeoTerrex Minerals ranks #83 out of 2641 companies for Current Ratio. This places NeoTerrex Minerals in the top 3% of its industry — outperforming the majority of peers. The industry median Current Ratio is 2.64. NeoTerrex Minerals' value of 47.95 is 1716.3% above this benchmark. Historically, NeoTerrex Minerals' own Current Ratio has ranged from 5.80 to 58.89 over the past decade. While the company's 10-year median is 17.81 vs. the industry median of 2.64, NeoTerrex Minerals 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 2.64, based on 2,641 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. NeoTerrex Minerals's current Current Ratio of 47.95 is 1716.3% 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 2.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NeoTerrex Minerals's current Current Ratio is 47.95, which is 169% above median its own 10-year median of 17.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NeoTerrex Minerals stock overvalued right now?
NeoTerrex Minerals (TSXV:NTX) has a current Current Ratio of 47.95. The current Current Ratio is 47.95, which is 169% above median its 10-year median of 17.81 and 1716.3% above the Metals & Mining industry median of 2.64. 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 NeoTerrex Minerals (TSXV:NTX), the current Current Ratio is 47.95 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.

NeoTerrex Minerals Business Description

Address 5390 West River Drive, Ottawa, ON, CAN, K4M 1G4
NeoTerrex Minerals Inc is engaged in the acquisition and exploration of mineral properties for critical elements, with its activities focused in prospective areas in Canada. The company's projects include Mount Discovery, Galactic, Gravitas, Valour, Monument, Roman, and others. The corporation plans to develop the properties, bring them into production, option or lease the properties to third parties, or sell the properties outright.