Gold Resource (GORO) Current Ratio

Price: $0.496
Market Cap: $47.34M
Avg Volume: 2.95M
Country: US
Industry: Gold
Sector: Basic Materials
Beta: 1.199
52W Range: $0.12-0.74
Website: Gold Resource

Gold Resource Current Ratio

  • Annual: 2.34
  • Quarterly: 1.38
  • TTM: 1.38

What is the Current Ratio?

The current ratio is a liquidity ratio that measures a company's ability to pay off its short-term liabilities with its short-term assets. A higher current ratio indicates a greater ability to meet short-term obligations.

Related Metrics

Other important metrics to assess Gold Resource's financial health include:

  • Quick Ratio - measures the company's ability to meet short-term obligations with its most liquid assets:
    • Annual: 1.52
    • Quarterly: 0.89
    • TTM: 0.89
  • Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
    • Annual: 0.55
    • Quarterly: 0.09
    • TTM: 0.09

These metrics provide insights into Gold Resource's financial health and its ability to meet short-term obligations. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual Current Ratio

2.34

Quarterly Current Ratio

1.38

TTM Current Ratio

1.38

Gold Resource Historical Current Ratio
4.004.003.003.002.002.001.001.000.000.00Current Ratio20152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical Quick Ratio
3.003.002.002.001.001.000.000.00Quick Ratio20152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical Cash Ratio
3.003.002.002.001.001.000.000.00Cash Ratio20152015201620162017201720182018201920192020202020212021202220222023202320242024

Gold Resource Historical Ratios

The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2023.

Year Current Ratio Quick Ratio Cash Ratio
2023 2.34 1.52 0.55
2022 1.87 1.32 0.96
2021 1.99 1.64 1.14
2020 3.55 2.72 2.10
2019 1.81 0.95 0.40
2018 1.77 0.95 0.44
2017 2.83 2.06 1.49
2016 3.27 2.27 1.58
2015 2.19 1.60 0.86
2014 2.65 2.24 1.55

Related Metrics

Explore detailed financial metrics and analysis for GORO.

Financial Analysis
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Company Intelligence
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Returns & Ratios
ROIC ROE ROA Current Ratio Quick Ratio Debt/Equity Ratio Earnings Per Share
Balance Sheet
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Dividends
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