WPMNEUTRAL

WPM Current Ratio Analysis

4.53x

Higher than 80% of Basic Materials sector peers

Updated 166h ago·SEC filings & market data

Key Takeaway

A current ratio of 4.53x means Wheaton Precious Metals holds $4.53 in short-term assets for every $1 of short-term liabilities, indicating strong liquidity relative to its obligations.

Sector Performance

80th percentile

WPM

4.53x

Sector Median

2.84x

Sector Avg

5.57x

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Deep Analysis

A current ratio of 4.53x means Wheaton Precious Metals holds $4.53 in short-term assets for every $1 of short-term liabilities, indicating strong liquidity relative to its obligations.

This is above the sector median of 2.84x, placing Wheaton in the 80th percentile among peers, meaning it has higher liquidity than 80% of Basic Materials companies. The year-over-year and quarter-over-quarter changes are both listed as N/A, and no trend data is available over the last eight quarters, so no directional inference can be drawn. The combination of a high current ratio with no observable trend suggests a stable liquidity position but offers neither a clear improvement nor deterioration to act on. This metric supports the overall NEUTRAL verdict because the strong liquidity is a positive, yet it does not introduce any momentum or risk that would shift the stock’s assessment.

Frequently Asked Questions

What does the Current Ratio tell investors about WPM?

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 WPM's Current Ratio compare to its sector?

WPM's Current Ratio of 4.53x compares to a Basic Materials sector median of 2.84x, placing it in the 80th percentile.

Who are WPM's closest peers by Current Ratio?

The closest Basic Materials peers by Current Ratio include: PAAS (2.84x), KGC (2.84x), AG (2.73x), AEM (3.15x), RGLD (3.52x).

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Learn More About Current Ratio

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Working capital is more than current assets minus liabilities. Learn why working capital matters for liquidity, efficiency, and competitive advantage, with real data from AMZN, COST, HD, and XOM.

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.