Foremost Clean Energy Current Ratio Growth & History (FMST)

Foremost Clean Energy's current ratio was 1.85 for fiscal 2026.

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Foremost Clean Energy annual current ratio history

Foremost Clean Energy annual current ratio

Fiscal yearPeriod endedCurrent ratioChangeGrowth
20262026-03-311.850.20+12.02%
20252025-03-311.651.21+276.54%
20242024-03-310.440.17+60.48%
20232023-03-310.27−0.12−30.69%
20222022-03-310.39

Foremost Clean Energy current ratio trends

Between the periods ended 2022-03-31 and 2026-03-31, Foremost Clean Energy's current ratio increased from 0.39 to 1.85, a change of 1.45. The latest reported quarter, Q1 2027, shows 1.84.

About the metric

What the current ratio means

The current ratio compares short-term assets with obligations due within roughly one year. A higher ratio generally indicates more short-term balance-sheet coverage, but normal levels vary by industry and business model.

Calculation and source

How the current ratio is calculated

TickerStat calculates the current ratio as SEC-reported current assets divided by SEC-reported current liabilities for the same balance-sheet date. Periods without a positive current-liability value are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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