Foremost Clean Energy Current Ratio Growth & History (FMST)
Foremost Clean Energy's current ratio was 1.85 for fiscal 2026.
View full Foremost Clean Energy company overviewForemost Clean Energy annual current ratio history
| Fiscal year | Period ended | Current ratio | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-03-31 | 1.85 | 0.20 | +12.02% |
| 2025 | 2025-03-31 | 1.65 | 1.21 | +276.54% |
| 2024 | 2024-03-31 | 0.44 | 0.17 | +60.48% |
| 2023 | 2023-03-31 | 0.27 | −0.12 | −30.69% |
| 2022 | 2022-03-31 | 0.39 | — | — |
Foremost Clean Energy quarterly current ratio
| Fiscal quarter | Period ended | Current ratio | Change | YoY change |
|---|---|---|---|---|
| Q1 2027 | 2026-06-30 | 1.84 | −1.63 | −46.88% |
| Q4 2026 | 2026-03-31 | 1.85 | 0.20 | +12.02% |
| Q3 2026 | 2025-12-31 | 3.23 | — | — |
| Q2 2026 | 2025-09-30 | 2.67 | 2.53 | +1851.10% |
| Q1 2026 | 2025-06-30 | 3.47 | — | — |
| Q4 2025 | 2025-03-31 | 1.65 | 1.21 | +276.54% |
| Q2 2025 | 2024-09-30 | 0.14 | −1.30 | −90.44% |
| Q4 2024 | 2024-03-31 | 0.44 | 0.17 | +60.48% |
| Q2 2024 | 2023-09-30 | 1.43 | — | — |
| Q4 2023 | 2023-03-31 | 0.27 | — | — |
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.
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.
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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