Althea Copper (XCNQ:ALTH) Current Ratio: 2.20 (As of Apr. 2026) — Near 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.

XCNQ:ALTH Althea Copper Corp XCNQ:ALTH
15 GF Score
Price C$0.11
View Full Analysis

What is Althea Copper Current Ratio?

Althea Copper XCNQ:ALTH +4.76% 15 Current Ratio is 2.20 as of Apr. 2026, which is at its 10-year median of 2.20. GuruFocus rates XCNQ:ALTH with a GF Score™ of 15/100. Among 2,639 Metals & Mining companies, Althea Copper ranks worse than 54.98% 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. Althea Copper's current ratio for the quarter that ended in Apr. 2026 was 2.20.

Althea Copper has a current ratio of 2.20. It generally indicates good short-term financial strength.

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

XCNQ:ALTH' s Current Ratio Range Over the Past 10 Years
Min: 2.15   Med: 2.2   Max: 3.65
Current: 2.2

During the past 1 years, Althea Copper's highest Current Ratio was 3.65. The lowest was 2.15. And the median was 2.20.

XCNQ:ALTH's Current Ratio is ranked worse than
54.98% of 2639 companies
in the Metals & Mining industry
Industry Median: 2.68 vs XCNQ:ALTH: 2.20

Althea Copper  (XCNQ:ALTH) 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.


Althea Copper Current Ratio Related Terms


Althea Copper Current Ratio Historical Data

* Premium members only.

The historical data trend for Althea Copper'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.

Althea Copper Current Ratio Chart

Althea Copper Annual Data
Trend Oct24
Current Ratio
2.15

Althea Copper Quarterly Data
Oct24 Apr25 Oct25 Apr26
Current Ratio 2.15 0.00 3.65 2.20

XCNQ:ALTH vs : Current Ratio Comparison

For the Copper subindustry, Althea Copper'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.


Althea Copper Current Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Althea Copper's Current Ratio falls into.


XCNQ:ALTH
15GF Score
Althea Copper Corp XCNQ:ALTH
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Althea Copper 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.

Althea Copper's Current Ratio for the fiscal year that ended in Oct. 2024 is calculated as

Current Ratio (A: Oct. 2024 )=Total Current Assets (A: Oct. 2024 )/Total Current Liabilities (A: Oct. 2024 )
=0.46/0.214
=2.15

Althea Copper's Current Ratio for the quarter that ended in Apr. 2026 is calculated as

Current Ratio (Q: Apr. 2026 )=Total Current Assets (Q: Apr. 2026 )/Total Current Liabilities (Q: Apr. 2026 )
=0.22/0.1
=2.20

* 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 2.20 mean?
Althea Copper (XCNQ:ALTH) has a Current Ratio of 2.20 as of Apr. 2026. This is near median its historical median of 2.20. Over the past decade, Althea Copper's Current Ratio has ranged from 2.15 to 3.65. According to the industry distribution chart, Althea Copper ranks #1451 out of 2639 companies in the Metals & Mining industry, placing it in the top 55%.
Is Althea Copper's Current Ratio too high?
Althea Copper's current Current Ratio of 2.20 is near median its 10-year median of 2.20. Over the past 10 years, this metric has ranged from a low of 2.15 to a high of 3.65. The Metals & Mining industry median Current Ratio is 2.68. Althea Copper's value of 2.20 is 17.9% below this industry median. Based on the distribution chart, Althea Copper ranks #1451 out of 2639 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Althea Copper has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Althea Copper's Current Ratio compare to ?
According to the Metals & Mining industry distribution chart, Althea Copper ranks #1451 out of 2639 companies for Current Ratio. This places Althea Copper in the lower half of its industry. The industry median Current Ratio is 2.68. Althea Copper's value of 2.20 is 17.9% below this benchmark. Historically, Althea Copper's own Current Ratio has ranged from 2.15 to 3.65 over the past decade. While the company's 10-year median is 2.20 vs. the industry median of 2.68, Althea Copper 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 2.68, based on 2,639 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. Althea Copper's current Current Ratio of 2.20 is 17.9% 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 Metals & Mining industry, the median Current Ratio is 2.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Althea Copper's current Current Ratio is 2.20, which is near median its own 10-year median of 2.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Althea Copper stock overvalued right now?
Althea Copper (XCNQ:ALTH) has a current Current Ratio of 2.20. The current Current Ratio is 2.20, which is near median its 10-year median of 2.20 and 17.9% below the Metals & Mining industry median of 2.68. Althea Copper's overall GF Score™ is 15/100. 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 Althea Copper (XCNQ:ALTH), the current Current Ratio is 2.20 as of Apr. 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.

Althea Copper Business Description

Comparable Companies
Address 3217 Dunbar Street, Suite 248, Vancouver, BC, CAN, V6S 0M1
Althea Copper Corp is engaged in the exploration of its Mink Narrows Property, located in west-central Manitoba near Flin Flon. The Company is focused on continuing exploration work that has indicated widespread, high-grade copper-zinc volcanic massive sulphide (VMS) deposits, copper occurrences in a vein-style Cu zone, and gold occurrences within a complex structural zone that is bound by, and/or marginal to, the Mistik Creek shear zone and the north Neso Lake fault.
15GF Score

Get the complete analysis for XCNQ:ALTH

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$0.11
Price