Southstone MineralsTSXV:SML Current Ratio is 0.78 as of Feb. 2026, which is 81% above its 10-year median of 0.43. The stock has 4 warning signs investors should review.
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. Southstone Minerals's current ratio for the quarter that ended in Feb. 2026 was 0.78.
Southstone Minerals has a current ratio of 0.78. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Southstone Minerals 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 Southstone Minerals's Current Ratio or its related term are showing as below:
TSXV:SML'
s Current Ratio Range Over the Past 10 Years
Min: 0.01 Med: 0.43 Max: 0.94
Current: 0.78
During the past 13 years, Southstone Minerals's highest Current Ratio was 0.94. The lowest was 0.01. And the median was 0.43.
TSXV:SML's Current Ratio is not ranked
in the Metals & Mining industry.
Industry Median: 2.64
vs TSXV:SML: 0.78
Southstone Minerals (TSXV:SML) 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.
Southstone Minerals Current Ratio Related Terms
Southstone Minerals Current Ratio Historical Data
* Premium members only.
The historical data trend for Southstone 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.
Southstone Minerals Current Ratio Competitor Comparison
For the Other Precious Metals & Mining subindustry, Southstone 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.
Southstone Minerals Current Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Southstone Minerals's Current Ratio distribution charts can be found below:
* The bar in red indicates where Southstone Minerals'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.
Southstone Minerals (TSXV:SML) has a Current Ratio of 0.78 as of Feb. 2026. This is 81% above median its historical median of 0.43. Over the past decade, Southstone Minerals' Current Ratio has ranged from 0.01 to 0.94.
Is Southstone Minerals' Current Ratio too high?
Southstone Minerals' current Current Ratio of 0.78 is 81% above median its 10-year median of 0.43. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.94. The Metals & Mining industry median Current Ratio is 2.64. Southstone Minerals' value of 0.78 is 70.5% below this industry median.
How does Southstone Minerals' Current Ratio compare to competitors?
Southstone Minerals' Current Ratio of 0.78 can be compared against companies in the Metals & Mining industry. The industry median Current Ratio is 2.64. Southstone Minerals' value of 0.78 is 70.5% below this benchmark. Historically, Southstone Minerals' own Current Ratio has ranged from 0.01 to 0.94 over the past decade. While the company's 10-year median is 0.43 vs. the industry median of 2.64, Southstone Minerals 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 2,636 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. Southstone Minerals's current Current Ratio of 0.78 is 70.5% 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. Southstone Minerals's current Current Ratio is 0.78, which is 81% above median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southstone Minerals stock overvalued right now?
Southstone Minerals (TSXV:SML) has a current Current Ratio of 0.78. The current Current Ratio is 0.78, which is 81% above median its 10-year median of 0.43 and 70.5% below 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 Southstone Minerals (TSXV:SML), the current Current Ratio is 0.78 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.
Southstone Minerals Ltd is a Canadian junior mining company engaged in the acquisition, exploration, evaluation, development, and mining of mineral properties. It holds the majority interest in the Oena Diamond Mine, an alluvial diamond property located in the Northern Cape Province, South Africa, that produces diamonds of varying sizes and characteristics, including occasional larger stones. The company generates revenue from the sale of diamonds.
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