Newterra Resources (XCNQ:NT) Current Ratio: 1.78 (As of Apr. 2026) — 13% Below Median

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XCNQ:NT Newterra Resources Inc XCNQ:NT
17 GF Score
Price C$0.18
! 1 Warning Sign
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What is Newterra Resources Current Ratio?

Newterra Resources XCNQ:NT +12.50% 17 Current Ratio is 1.78 as of Apr. 2026, which is 13% below its 10-year median of 2.05. GuruFocus rates XCNQ:NT with a GF Score™ of 17/100. The stock has 1 warning sign investors should review. Among 2,638 Metals & Mining companies, Newterra Resources ranks worse than 60.8% 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. Newterra Resources's current ratio for the quarter that ended in Apr. 2026 was 1.78.

Newterra Resources has a current ratio of 1.78. It generally indicates good short-term financial strength.

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

XCNQ:NT' s Current Ratio Range Over the Past 10 Years
Min: 0.07   Med: 2.05   Max: 52.5
Current: 1.78

During the past 5 years, Newterra Resources's highest Current Ratio was 52.50. The lowest was 0.07. And the median was 2.05.

XCNQ:NT's Current Ratio is ranked worse than
60.8% of 2638 companies
in the Metals & Mining industry
Industry Median: 2.665 vs XCNQ:NT: 1.78

Newterra Resources  (XCNQ:NT) 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.


Newterra Resources Current Ratio Related Terms


Newterra Resources Current Ratio Historical Data

* Premium members only.

The historical data trend for Newterra 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.

Newterra Resources Current Ratio Chart

Newterra Resources Annual Data
Trend Oct21 Oct22 Oct23 Oct24 Oct25
Current Ratio
0.00 0.07 0.47 2.32 0.96

Newterra Resources Quarterly Data
Oct21 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 2.11 3.06 0.96 1.14 1.78

Newterra Resources Current Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Newterra 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.


Newterra Resources Current Ratio vs Metals & Mining Industry

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

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


XCNQ:NT
17GF Score
Newterra Resources Inc XCNQ:NT
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Newterra 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.

Newterra Resources's Current Ratio for the fiscal year that ended in Oct. 2025 is calculated as

Current Ratio (A: Oct. 2025 )=Total Current Assets (A: Oct. 2025 )/Total Current Liabilities (A: Oct. 2025 )
=0.045/0.047
=0.96

Newterra Resources'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 )
=0.091/0.051
=1.78

* 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 1.78 mean?
Newterra Resources (XCNQ:NT) has a Current Ratio of 1.78 as of Apr. 2026. This is 13% below median its historical median of 2.05. Over the past decade, Newterra Resources' Current Ratio has ranged from 0.07 to 52.50. According to the industry distribution chart, Newterra Resources ranks #1604 out of 2638 companies in the Metals & Mining industry, placing it in the top 60.8%.
Is Newterra Resources' Current Ratio too high?
Newterra Resources' current Current Ratio of 1.78 is 13% below median its 10-year median of 2.05. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 52.50. The Metals & Mining industry median Current Ratio is 2.67. Newterra Resources' value of 1.78 is 33.2% below this industry median. Based on the distribution chart, Newterra Resources ranks #1604 out of 2638 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Newterra Resources has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Newterra Resources' Current Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Newterra Resources ranks #1604 out of 2638 companies for Current Ratio. This places Newterra Resources in the lower half of its industry. The industry median Current Ratio is 2.67. Newterra Resources' value of 1.78 is 33.2% below this benchmark. Historically, Newterra Resources' own Current Ratio has ranged from 0.07 to 52.50 over the past decade. While the company's 10-year median is 2.05 vs. the industry median of 2.67, Newterra Resources 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 2.67, 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. Newterra Resources's current Current Ratio of 1.78 is 33.2% 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 2.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Newterra Resources's current Current Ratio is 1.78, which is 13% below median its own 10-year median of 2.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Newterra Resources stock overvalued right now?
Newterra Resources (XCNQ:NT) has a current Current Ratio of 1.78. The current Current Ratio is 1.78, which is 13% below median its 10-year median of 2.05 and 33.2% below the Metals & Mining industry median of 2.67. Newterra Resources' 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 Newterra Resources (XCNQ:NT), the current Current Ratio is 1.78 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.

Newterra Resources Business Description

Address 203B Street, Suite 9285, Langley, BC, CAN, V1M 2L9
Newterra Resources Inc is engaged in the acquisition and exploration of mineral properties in Canada. The projects consists of the Iron Horse located in Southwest of Kelowna, B.C, the Ferdinand Gold Project in Northwestern Ontario and the Willans Gold Project near Red Lake Mining District. The claims were located to cover high grade gold mineralization discovered by the drilling and the sampling of known surface showings.
17GF Score

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