Black Swan GrapheneTSXV:SWAN +3.70%31 Current Ratio is 35.29 as of Mar. 2026, which is 53% above its 10-year median of 23.03. GuruFocus rates TSXV:SWAN with a GF Score™ of 31/100. The stock has 1 warning sign investors should review. Among 1,610 Chemicals companies, Black Swan Graphene ranks better than 99.5% 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. Black Swan Graphene's current ratio for the quarter that ended in Mar. 2026 was 35.29.
Black Swan Graphene has a current ratio of 35.29. 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 Black Swan Graphene's Current Ratio or its related term are showing as below:
TSXV:SWAN'
s Current Ratio Range Over the Past 10 Years
Min: 11.88 Med: 23.03 Max: 56.45
Current: 35.29
During the past 6 years, Black Swan Graphene's highest Current Ratio was 56.45. The lowest was 11.88. And the median was 23.03.
TSXV:SWAN's Current Ratio is ranked better than 99.5% of 1610
companies
in the Chemicals industry
Industry Median: 1.89
vs TSXV:SWAN: 35.29
Black Swan Graphene (TSXV:SWAN) 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.
Black Swan Graphene Current Ratio Related Terms
Black Swan Graphene Current Ratio Historical Data
* Premium members only.
The historical data trend for Black Swan Graphene'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.
For the Chemicals subindustry, Black Swan Graphene'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.
Black Swan Graphene Current Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Black Swan Graphene's Current Ratio distribution charts can be found below:
* The bar in red indicates where Black Swan Graphene'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.
Black Swan Graphene (TSXV:SWAN) has a Current Ratio of 35.29 as of Mar. 2026. This is 53% above median its historical median of 23.03. Over the past decade, Black Swan Graphene's Current Ratio has ranged from 11.88 to 56.45. According to the industry distribution chart, Black Swan Graphene ranks #8 out of 1610 companies in the Chemicals industry, placing it in the top 0.5%.
Is Black Swan Graphene's Current Ratio too high?
Black Swan Graphene's current Current Ratio of 35.29 is 53% above median its 10-year median of 23.03. Over the past 10 years, this metric has ranged from a low of 11.88 to a high of 56.45. The Chemicals industry median Current Ratio is 1.89. Black Swan Graphene's value of 35.29 is 1767.2% above this industry median. Based on the distribution chart, Black Swan Graphene ranks #8 out of 1610 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Black Swan Graphene has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Black Swan Graphene's Current Ratio compare to DOW?
According to the Chemicals industry distribution chart, Black Swan Graphene ranks #8 out of 1610 companies for Current Ratio. This places Black Swan Graphene in the top 1% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.89. Black Swan Graphene's value of 35.29 is 1767.2% above this benchmark. Historically, Black Swan Graphene's own Current Ratio has ranged from 11.88 to 56.45 over the past decade. While the company's 10-year median is 23.03 vs. the industry median of 1.89, Black Swan Graphene 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 Chemicals company?
The median Current Ratio among Chemicals companies is 1.89, based on 1,610 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. Black Swan Graphene's current Current Ratio of 35.29 is 1767.2% 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 Chemicals industry, the median Current Ratio is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Black Swan Graphene's current Current Ratio is 35.29, which is 53% above median its own 10-year median of 23.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Swan Graphene stock overvalued right now?
Black Swan Graphene (TSXV:SWAN) has a current Current Ratio of 35.29. The current Current Ratio is 35.29, which is 53% above median its 10-year median of 23.03 and 1767.2% above the Chemicals industry median of 1.89. Black Swan Graphene's overall GF Score™ is 31/100 with 1 warning sign to review. 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 Black Swan Graphene (TSXV:SWAN), the current Current Ratio is 35.29 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.
Black Swan Graphene Inc is focused on the large-scale production and commercialization of patented high-performance and low-cost graphene products aimed at several industrial sectors, including concrete, polymer, Li-ion batteries, and others, which are expected to require large volumes of graphene and, in turn, require large volumes of graphite.
31GF Score
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