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What is Lappland Guldprospektering AB Current Ratio?
Lappland Guldprospektering ABXSAT:LGOLD B +3.00%9 Current Ratio is 34.22 as of Mar. 2026, which is 9% below its 10-year median of 37.71. GuruFocus rates XSAT:LGOLD B with a GF Score™ of 9/100. The stock has 1 warning sign investors should review. Among 2,636 Metals & Mining companies, Lappland Guldprospektering AB ranks better than 94.73% on this metric.
Lappland Guldprospektering AB has a current ratio of 34.22. 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 Lappland Guldprospektering AB's Current Ratio or its related term are showing as below:
XSAT:LGOLD B'
s Current Ratio Range Over the Past 10 Years
Min: 2.62 Med: 37.71 Max: 625
Current: 34.22
During the past 4 years, Lappland Guldprospektering AB's highest Current Ratio was 625.00. The lowest was 2.62. And the median was 37.71.
XSAT:LGOLD B's Current Ratio is ranked better than 94.73% of 2636
companies
in the Metals & Mining industry
Industry Median: 2.64
vs XSAT:LGOLD B: 34.22
Lappland Guldprospektering AB (XSAT:LGOLD B) 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.
Lappland Guldprospektering AB Current Ratio Related Terms
Lappland Guldprospektering AB Current Ratio Historical Data
* 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.
XSAT:LGOLD B vs NEM, AU, RGLD: Current Ratio Comparison
For the Gold subindustry, Lappland Guldprospektering AB'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.
Lappland Guldprospektering AB Current Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Lappland Guldprospektering AB's Current Ratio distribution charts can be found below:
* The bar in red indicates where Lappland Guldprospektering AB's Current Ratio falls into.
* 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.
Lappland Guldprospektering AB (XSAT:LGOLD B) has a Current Ratio of 34.22 as of Mar. 2026. This is near median its historical median of 37.71. Over the past decade, Lappland Guldprospektering AB's Current Ratio has ranged from 2.62 to 625.00. According to the industry distribution chart, Lappland Guldprospektering AB ranks #139 out of 2636 companies in the Metals & Mining industry, placing it in the top 5.3%.
Is Lappland Guldprospektering AB's Current Ratio too high?
Lappland Guldprospektering AB's current Current Ratio of 34.22 is near median its 10-year median of 37.71. Over the past 10 years, this metric has ranged from a low of 2.62 to a high of 625.00. The Metals & Mining industry median Current Ratio is 2.64. Lappland Guldprospektering AB's value of 34.22 is 1196.2% above this industry median. Based on the distribution chart, Lappland Guldprospektering AB ranks #139 out of 2636 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Lappland Guldprospektering AB has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Lappland Guldprospektering AB's Current Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Lappland Guldprospektering AB ranks #139 out of 2636 companies for Current Ratio. This places Lappland Guldprospektering AB in the top 5% of its industry — outperforming the majority of peers. The industry median Current Ratio is 2.64. Lappland Guldprospektering AB's value of 34.22 is 1196.2% above this benchmark. Historically, Lappland Guldprospektering AB's own Current Ratio has ranged from 2.62 to 625.00 over the past decade. While the company's 10-year median is 37.71 vs. the industry median of 2.64, Lappland Guldprospektering AB 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 2.64, based on 2,636 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. Lappland Guldprospektering AB's current Current Ratio of 34.22 is 1196.2% 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 2.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lappland Guldprospektering AB's current Current Ratio is 34.22, which is near median its own 10-year median of 37.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lappland Guldprospektering AB stock overvalued right now?
Lappland Guldprospektering AB (XSAT:LGOLD B) has a current Current Ratio of 34.22. The current Current Ratio is 34.22, which is near median its 10-year median of 37.71 and 1196.2% above the Metals & Mining industry median of 2.64. Lappland Guldprospektering AB's overall GF Score™ is 9/100 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 Lappland Guldprospektering AB (XSAT:LGOLD B), the current Current Ratio is 34.22 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.
Lappland Guldprospektering AB Business Description
Lappland Guldprospektering AB is a Swedish company active in gold prospecting with a focus on developing and operating gold mining in Sweden and the rest of the Nordic region. Its project include Stortjarnhobbens gold project.
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