As of June 21, 2025, Azarga Metals Corp (AZR.V) reports a Current Ratio of 0.03.
Current Ratio assesses a company's ability to pay short-term debts by comparing liquid assets to liabilities, with higher ratios signaling better financial health.
Historical Trend of Azarga Metals Corp's Current Ratio
Over recent years, Azarga Metals Corp's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2024-09-30 | 0.03 |
| 2023-09-30 | 0.13 |
| 2022-09-30 | 0.17 |
| 2021-09-30 | 3.72 |
| 2020-09-30 | 3.22 |
This slight downward trend highlights how Azarga Metals Corp manages its short-term assets and liabilities over time.
Comparing Azarga Metals Corp's Current Ratio to Peers
To better understand Azarga Metals Corp's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Azarga Metals Corp (AZR.V) | 0.03 |
| Voyageur Mineral Explorers Corp (VOY.CN) | 18.11 |
| Mineworx Technologies Ltd (MWX.V) | 13.67 |
| Fokus Mining Corp (FKM.V) | 10.40 |
| SKRR Exploration Inc (SKRR.V) | 6.50 |
| Delta Resources Limited (DLTA.V) | 2.87 |
Compared to its competitors, Azarga Metals Corp's Current Ratio is among the lowest compared to peers, suggesting tighter liquidity management or potential short-term obligations concerns.