Tarku Resources (TSXV:TKU) Current Ratio: 0.09 (As of Dec. 2024)

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What is Tarku Resources Current Ratio?

Tarku Resources TSXV:TKU Current Ratio is 0.09 as of Dec. 2024.

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. Tarku Resources's current ratio for the quarter that ended in Dec. 2024 was 0.09.

Tarku Resources has a current ratio of 0.09. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Tarku Resources 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 Tarku Resources's Current Ratio or its related term are showing as below:

TSXV:TKU's Current Ratio is not ranked *
in the Metals & Mining industry.
Industry Median: 2.64
* Ranked among companies with meaningful Current Ratio only.

Tarku Resources  (TSXV:TKU) 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.


Tarku Resources Current Ratio Related Terms


Tarku Resources Current Ratio Historical Data

* Premium members only.

The historical data trend for Tarku Resources'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.

Tarku Resources Current Ratio Chart

Tarku Resources Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.96 0.75 0.98 0.15 0.14

Tarku Resources Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.50 0.33 0.27 0.14 0.09

TSXV:TKU vs NRHI, LBRMF, WOLV: Current Ratio Comparison

For the Other Industrial Metals & Mining subindustry, Tarku Resources'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.


Tarku Resources Current Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Tarku Resources's Current Ratio falls into.



Tarku Resources 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.

Tarku Resources's Current Ratio for the fiscal year that ended in Sep. 2024 is calculated as

Current Ratio (A: Sep. 2024 )=Total Current Assets (A: Sep. 2024 )/Total Current Liabilities (A: Sep. 2024 )
=0.131/0.941
=0.14

Tarku Resources's Current Ratio for the quarter that ended in Dec. 2024 is calculated as

Current Ratio (Q: Dec. 2024 )=Total Current Assets (Q: Dec. 2024 )/Total Current Liabilities (Q: Dec. 2024 )
=0.088/0.948
=0.09

* 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 0.09 mean?
Tarku Resources (TSXV:TKU) has a Current Ratio of 0.09 as of Dec. 2024.
Is Tarku Resources' Current Ratio too high?
Tarku Resources' current Current Ratio is 0.09. The Metals & Mining industry median Current Ratio is 2.64. Tarku Resources' value of 0.09 is 96.6% below this industry median.
How does Tarku Resources' Current Ratio compare to NRHI and LBRMF?
Tarku Resources' Current Ratio of 0.09 can be compared against companies in the Metals & Mining industry. The industry median Current Ratio is 2.64. Tarku Resources' value of 0.09 is 96.6% below this benchmark. 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 2,637 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. Tarku Resources's current Current Ratio of 0.09 is 96.6% 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. Tarku Resources's current Current Ratio is 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tarku Resources stock overvalued right now?
Tarku Resources (TSXV:TKU) has a current Current Ratio of 0.09. The current Current Ratio is 0.09 and 96.6% 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 Tarku Resources (TSXV:TKU), the current Current Ratio is 0.09 as of Dec. 2024. 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.

Tarku Resources Business Description

Address 4710 Saint-Ambroise, Suite 309B, Montreal, QC, CAN, H4C 2C7
Tarku Resources Ltd is a mineral exploration company. It is engaged in the acquisition, exploration, and development of precious and base metals in the mineral-rich Canadian landscape. It explores uranium, gold, silver, copper, zinc, and diamonds. It holds an interest in the Apollo gold project, Max Lithium Project, Admiral gold project, Atlas gold project in Quebec, and silver strike project in Arizona. The company operates in two geographical segments Arizona and Quebec, out of which it makes majority of revenue from Arizona.