Fields of Gold (XCNQ:FOG) Current Ratio: 2.85 (As of Mar. 2026) — 46% Below Median

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XCNQ:FOG Fields of Gold Corp XCNQ:FOG
17 GF Score
Price C$1.60
! 1 Warning Sign
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What is Fields of Gold Current Ratio?

Fields of Gold XCNQ:FOG +2.56% 17 Current Ratio is 2.85 as of Mar. 2026, which is 46% below its 10-year median of 5.32. GuruFocus rates XCNQ:FOG with a GF Score™ of 17/100. The stock has 1 warning sign investors should review. Among 2,638 Metals & Mining companies, Fields of Gold ranks better than 51.82% 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. Fields of Gold's current ratio for the quarter that ended in Mar. 2026 was 2.85.

Fields of Gold has a current ratio of 2.85. It generally indicates good short-term financial strength.

The historical rank and industry rank for Fields of Gold's Current Ratio or its related term are showing as below:

XCNQ:FOG' s Current Ratio Range Over the Past 10 Years
Min: 0.2   Med: 5.32   Max: 10.56
Current: 2.85

During the past 3 years, Fields of Gold's highest Current Ratio was 10.56. The lowest was 0.20. And the median was 5.32.

XCNQ:FOG's Current Ratio is ranked better than
51.82% of 2638 companies
in the Metals & Mining industry
Industry Median: 2.665 vs XCNQ:FOG: 2.85

Fields of Gold  (XCNQ:FOG) 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.


Fields of Gold Current Ratio Related Terms


Fields of Gold Current Ratio Historical Data

* Premium members only.

The historical data trend for Fields of Gold'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.

Fields of Gold Current Ratio Chart

Fields of Gold Annual Data
Trend Dec23 Dec24 Dec25
Current Ratio
0.20 10.56 7.78

Fields of Gold Quarterly Data
Dec23 Dec24 Mar25 Dec25 Mar26
Current Ratio 0.20 10.56 0.00 7.78 2.85

XCNQ:FOG vs : Current Ratio Comparison

For the Gold subindustry, Fields of Gold'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.


Fields of Gold Current Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Fields of Gold's Current Ratio falls into.


XCNQ:FOG
17GF Score
Fields of Gold Corp XCNQ:FOG
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Fields of Gold 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.

Fields of Gold'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 )
=0.288/0.037
=7.78

Fields of Gold'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 )
=0.274/0.096
=2.85

* 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 2.85 mean?
Fields of Gold (XCNQ:FOG) has a Current Ratio of 2.85 as of Mar. 2026. This is 46% below median its historical median of 5.32. Over the past decade, Fields of Gold's Current Ratio has ranged from 0.20 to 10.56. According to the industry distribution chart, Fields of Gold ranks #1271 out of 2638 companies in the Metals & Mining industry, placing it in the top 48.2%.
Is Fields of Gold's Current Ratio too high?
Fields of Gold's current Current Ratio of 2.85 is 46% below median its 10-year median of 5.32. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 10.56. The Metals & Mining industry median Current Ratio is 2.67. Fields of Gold's value of 2.85 is 6.9% above this industry median. Based on the distribution chart, Fields of Gold ranks #1271 out of 2638 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Fields of Gold has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Fields of Gold's Current Ratio compare to ?
According to the Metals & Mining industry distribution chart, Fields of Gold ranks #1271 out of 2638 companies for Current Ratio. This puts Fields of Gold in the upper half of its industry. The industry median Current Ratio is 2.67. Fields of Gold's value of 2.85 is 6.9% above this benchmark. Historically, Fields of Gold's own Current Ratio has ranged from 0.20 to 10.56 over the past decade. While the company's 10-year median is 5.32 vs. the industry median of 2.67, Fields of Gold 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 2.67, based on 2,638 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. Fields of Gold's current Current Ratio of 2.85 is 6.9% 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 2.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fields of Gold's current Current Ratio is 2.85, which is 46% below median its own 10-year median of 5.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fields of Gold stock overvalued right now?
Fields of Gold (XCNQ:FOG) has a current Current Ratio of 2.85. The current Current Ratio is 2.85, which is 46% below median its 10-year median of 5.32 and 6.9% above the Metals & Mining industry median of 2.67. Fields of Gold's overall GF Score™ is 17/100 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 Fields of Gold (XCNQ:FOG), the current Current Ratio is 2.85 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.

Fields of Gold Business Description

Comparable Companies
Address 210 - 233 West 1st Street, North Vancouver, North Vancouver, BC, CAN, V7M 1B3
Fields of Gold Corp is engaged in the acquisition, exploration and advancement of resource properties for the mining of gold and other critical metals, with a particular focus on the C3 Property, which is the company's material property. The C3 Property is located on Vancouver Island, British Columbia and is comprised of four non-surveyed contiguous mineral claims.
17GF Score

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

C$1.60
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