Nation Gold (XCNQ:NATN) Current Ratio: 15.79 (As of Apr. 2026) — 93% Below Median

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What is Nation Gold Current Ratio?

Nation Gold XCNQ:NATN Current Ratio is 15.79 as of Apr. 2026, which is 93% below its 10-year median of 223.38. The stock has 1 warning sign investors should review. Among 2,643 Metals & Mining companies, Nation Gold ranks better than 85.32% 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. Nation Gold's current ratio for the quarter that ended in Apr. 2026 was 15.79.

Nation Gold has a current ratio of 15.79. 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 Nation Gold's Current Ratio or its related term are showing as below:

XCNQ:NATN' s Current Ratio Range Over the Past 10 Years
Min: 1.55   Med: 223.38   Max: 696
Current: 15.79

During the past 6 years, Nation Gold's highest Current Ratio was 696.00. The lowest was 1.55. And the median was 223.38.

XCNQ:NATN's Current Ratio is ranked better than
85.32% of 2643 companies
in the Metals & Mining industry
Industry Median: 2.71 vs XCNQ:NATN: 15.79

Nation Gold  (XCNQ:NATN) 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.


Nation Gold Current Ratio Related Terms


Nation Gold Current Ratio Historical Data

* Premium members only.

The historical data trend for Nation 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.

Nation Gold Current Ratio Chart

Nation Gold Annual Data
Trend Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Current Ratio
Get a 7-Day Free Trial 250.75 294.67 196.00 696.00 15.79

Nation Gold Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 696.00 229.33 234.00 28.85 15.79

XCNQ:NATN vs NEM, AU: Current Ratio Comparison

For the Gold subindustry, Nation 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.


Nation Gold Current Ratio vs Metals & Mining Industry

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

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



Nation 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.

Nation Gold's Current Ratio for the fiscal year that ended in Apr. 2026 is calculated as

Current Ratio (A: Apr. 2026 )=Total Current Assets (A: Apr. 2026 )/Total Current Liabilities (A: Apr. 2026 )
=2.163/0.137
=15.79

Nation Gold'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 )
=2.163/0.137
=15.79

* 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 15.79 mean?
Nation Gold (XCNQ:NATN) has a Current Ratio of 15.79 as of Apr. 2026. This is 93% below median its historical median of 223.38. Over the past decade, Nation Gold's Current Ratio has ranged from 1.55 to 696.00. According to the industry distribution chart, Nation Gold ranks #388 out of 2643 companies in the Metals & Mining industry, placing it in the top 14.7%.
Is Nation Gold's Current Ratio too high?
Nation Gold's current Current Ratio of 15.79 is 93% below median its 10-year median of 223.38. Over the past 10 years, this metric has ranged from a low of 1.55 to a high of 696.00. The Metals & Mining industry median Current Ratio is 2.71. Nation Gold's value of 15.79 is 482.7% above this industry median. Based on the distribution chart, Nation Gold ranks #388 out of 2643 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does Nation Gold's Current Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Nation Gold ranks #388 out of 2643 companies for Current Ratio. This places Nation Gold in the top 15% of its industry — outperforming the majority of peers. The industry median Current Ratio is 2.71. Nation Gold's value of 15.79 is 482.7% above this benchmark. Historically, Nation Gold's own Current Ratio has ranged from 1.55 to 696.00 over the past decade. While the company's 10-year median is 223.38 vs. the industry median of 2.71, Nation 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 2.71, based on 2,643 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. Nation Gold's current Current Ratio of 15.79 is 482.7% 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 2.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nation Gold's current Current Ratio is 15.79, which is 93% below median its own 10-year median of 223.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nation Gold stock overvalued right now?
Nation Gold (XCNQ:NATN) has a current Current Ratio of 15.79. The current Current Ratio is 15.79, which is 93% below median its 10-year median of 223.38 and 482.7% above the Metals & Mining industry median of 2.71. 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 Nation Gold (XCNQ:NATN), the current Current Ratio is 15.79 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.

Nation Gold Business Description

Address 1095 West Pender Street, Suite 750, Vancouver, BC, CAN, V6E 2M6
Nation Gold Corp is an exploration company based in Vancouver, BC. The Company holds around 100% interest in the Bonito Gold-Silver Project in the Nogal-Bonito Mining District of New Mexico, USA. The Company is led by a team of mining, exploration, and capital markets professionals focused on acquiring potential multi-million-ounce precious metals deposits in Tier 1 mining jurisdictions.