Enaex (XSGO:ENAEX) Current Ratio: 1.78 (As of Mar. 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.

XSGO:ENAEX Enaex SA XSGO:ENAEX
80 GF Score
Price CLP24,909.00
GF Value CLP18,662.86
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Enaex Current Ratio?

Enaex XSGO:ENAEX 80 Current Ratio is 1.78 as of Mar. 2026, which is 3% above its 10-year median of 1.73. GuruFocus rates XSGO:ENAEX with a GF Score™ of 80/100 and a GF Value™ of CLP18,662.86 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,605 Chemicals companies, Enaex ranks worse than 53.64% 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. Enaex's current ratio for the quarter that ended in Mar. 2026 was 1.78.

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

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

XSGO:ENAEX' s Current Ratio Range Over the Past 10 Years
Min: 1.21   Med: 1.73   Max: 2.04
Current: 1.78

During the past 13 years, Enaex's highest Current Ratio was 2.04. The lowest was 1.21. And the median was 1.73.

XSGO:ENAEX's Current Ratio is ranked worse than
53.64% of 1605 companies
in the Chemicals industry
Industry Median: 1.89 vs XSGO:ENAEX: 1.78

Enaex  (XSGO:ENAEX) 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.


Enaex Current Ratio Related Terms


Enaex Current Ratio Historical Data

* Premium members only.

The historical data trend for Enaex'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.

Enaex Current Ratio Chart

Enaex Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.70 1.55 1.54 1.45 1.75

Enaex Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.38 1.48 1.55 1.75 1.78

XSGO:ENAEX vs LIN, SHW, ECL: Current Ratio Comparison

For the Specialty Chemicals subindustry, Enaex'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.


Enaex Current Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Enaex's Current Ratio distribution charts can be found below:

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


XSGO:ENAEX
80GF Score
Enaex SA XSGO:ENAEX
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Enaex 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.

Enaex'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 )
=1042463.893/597299.585
=1.75

Enaex'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 )
=1071866.33/600986.768
=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?
Enaex (XSGO:ENAEX) has a Current Ratio of 1.78 as of Mar. 2026. This is near median its historical median of 1.73. Over the past decade, Enaex's Current Ratio has ranged from 1.21 to 2.04. According to the industry distribution chart, Enaex ranks #861 out of 1605 companies in the Chemicals industry, placing it in the top 53.6%.
Is Enaex's Current Ratio too high?
Enaex's current Current Ratio of 1.78 is near median its 10-year median of 1.73. Over the past 10 years, this metric has ranged from a low of 1.21 to a high of 2.04. The Chemicals industry median Current Ratio is 1.89. Enaex's value of 1.78 is 5.8% below this industry median. Based on the distribution chart, Enaex ranks #861 out of 1605 companies in the Chemicals industry, which is below the industry midpoint. Overall, Enaex has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Enaex's Current Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Enaex ranks #861 out of 1605 companies for Current Ratio. This places Enaex in the lower half of its industry. The industry median Current Ratio is 1.89. Enaex's value of 1.78 is 5.8% below this benchmark. Historically, Enaex's own Current Ratio has ranged from 1.21 to 2.04 over the past decade. While the company's 10-year median is 1.73 vs. the industry median of 1.89, Enaex 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 Chemicals company?
The median Current Ratio among Chemicals companies is 1.89, based on 1,605 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. Enaex's current Current Ratio of 1.78 is 5.8% 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 Chemicals industry, the median Current Ratio is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Enaex's current Current Ratio is 1.78, which is near median its own 10-year median of 1.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enaex stock overvalued right now?
Based on GuruFocus' analysis, Enaex (XSGO:ENAEX) is currently considered Significantly Overvalued. The stock's GF Value™ is CLP18,662.86, compared to a current price of CLP24,909.00 — trading 33.5% above its estimated fair value. The current Current Ratio is 1.78, which is near median its 10-year median of 1.73 and 5.8% below the Chemicals industry median of 1.89. Enaex's overall GF Score™ is 80/100 with 6 warning signs 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 Enaex (XSGO:ENAEX), the current Current Ratio is 1.78 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.

Is Enaex (XSGO:ENAEX) Overvalued in 2026?

Based on GuruFocus' analysis, Enaex stock appears to be overvalued. The current stock price of CLP24,909.00 is trading 33.5% above its estimated GF Value™ of CLP18,662.86. GuruFocus considers Enaex to be Significantly Overvalued.

Key valuation signals for XSGO:ENAEX:

  • Current Ratio: 1.78 (near median its 10-year median of 1.73)
  • GF Value™: CLP18,662.86 vs. price of CLP24,909.00 (33.5% above fair value)
  • GF Score™: 80/100 with 6 warning signs
  • Industry Position: 5.8% below the Chemicals median (#861 of 1605)

No single metric tells the full story. See the XSGO:ENAEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Enaex Business Description

Address El Trovador No. 4253, Las Condes, 5th floor, Santiago, CHL
Enaex SA is a producer of low-density ammonium nitrate. In addition, the company also provides integral rock fragmentation services for the mining in Chile and Latin America. The company's product families are broken down into five categories: raw materials for explosives, blasting agent, high explosives, initiation systems, and accessories. It also offers comprehensive blasting service for mining and civil works and an integral service of administration of powder magazines and plants. It also provides services to the main open-pit and underground mining companies that operate in Chile, Argentina, Mexico, Japan, Australia, Brazil, Colombia, and Peru.
80GF Score

Get the complete analysis for XSGO:ENAEX

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

CLP24,909.00
Price
CLP18,662.86
GF Value