As of May 28, 2025, GMV Minerals Inc (GMV.V) reports a Current Ratio of 6.47.
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 GMV Minerals Inc's Current Ratio
Over recent years, GMV Minerals Inc's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2024-06-30 | 6.47 |
| 2023-06-30 | 6.47 |
| 2022-06-30 | 4.12 |
| 2021-06-30 | 18.04 |
| 2020-06-30 | 3.92 |
This slight downward trend highlights how GMV Minerals Inc manages its short-term assets and liabilities over time.
Comparing GMV Minerals Inc's Current Ratio to Peers
To better understand GMV Minerals Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| GMV Minerals Inc (GMV.V) | 6.47 |
| Precipitate Gold Corp (PRG.V) | 14.47 |
| Volcanic Gold Mines Inc (VG.V) | 13.66 |
| Radius Gold Inc (RDU.V) | 12.77 |
| Ethos Gold Corp (ECC.V) | 11.13 |
| Toubani Resources Inc (AGG.V) | 8.44 |
Compared to its competitors, GMV Minerals Inc's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.