Current Ratio
Higher than 47% of Basic Materials sector peers
Updated 199h ago
Sector Performance
47th percentileKGC
2.84x
Sector Median
2.84x
Sector Avg
5.57x
Deep Analysis
The current ratio of 2.84x means the company holds $2.84 in current assets (like cash and receivables) for every $1 of current liabilities due within a year, indicating it can comfortably cover short-term obligations.
This ratio matches the sector median of exactly 2.84x, placing KGC at the 47th percentile among Basic Materials peers — essentially in the middle of the pack. No trend data is available: the year-over-year change and quarter-over-quarter change are both listed as N/A, and there are no historical values beyond the single 2.84x figure. Because the level is exactly in line with the sector and there is no trend to assess, the metric implies neither a distinct risk nor an opportunity from a liquidity standpoint. This neutral positioning directly supports the overall NEUTRAL verdict on the stock, as the current ratio provides no reason to deviate from that assessment.
Frequently Asked Questions
What does the Current Ratio tell investors about KGC?
Measures short-term financial health. A ratio above 1.5 is generally healthy; below 1.0 may indicate liquidity stress.
How is the Current Ratio calculated?
Current Ratio is calculated as: Current Assets / Current Liabilities.
How does KGC's Current Ratio compare to its sector?
KGC's Current Ratio of 2.84x compares to a Basic Materials sector median of 2.84x, placing it in the 47th percentile.
Who are KGC's closest peers by Current Ratio?
The closest Basic Materials peers by Current Ratio include: PAAS (2.84x), AG (2.73x), AEM (3.15x), RGLD (3.52x), ALB (2.07x).
The Formula
Current Assets / Current Liabilities
Why It Matters
Measures short-term financial health. A ratio above 1.5 is generally healthy; below 1.0 may indicate liquidity stress.
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2.84x
Sector Median
2.84x
Sector Avg
5.57x
How KGC's Current Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.