First Phosphate Current Ratio Growth & History (PHOS)
First Phosphate's current ratio was 7.98 for fiscal 2026.
View full First Phosphate company overviewFirst Phosphate annual current ratio history
| Fiscal year | Period ended | Current ratio | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-02-28 | 7.98 | 4.50 | +129.30% |
| 2025 | 2025-02-28 | 3.48 | 1.15 | +49.47% |
| 2023 | 2024-02-29 | 2.33 | −1.99 | −46.11% |
| 2022 | 2023-02-28 | 4.32 | — | — |
| 2012 | 2012-02-29 | 1.81 | — | — |
First Phosphate quarterly current ratio
| Fiscal quarter | Period ended | Current ratio | Change | YoY change |
|---|---|---|---|---|
| Q1 2027 | 2026-05-31 | 6.14 | −2.61 | −29.82% |
| Q4 2026 | 2026-02-28 | 7.98 | — | — |
| Q3 2026 | 2025-11-30 | 17.30 | — | — |
| Q2 2026 | 2025-08-31 | 41.33 | — | — |
| Q1 2026 | 2025-05-31 | 8.75 | — | — |
First Phosphate current ratio trends
Between the periods ended 2012-02-29 and 2026-02-28, First Phosphate's current ratio increased from 1.81 to 7.98, a change of 6.17. The latest reported quarter, Q1 2027, shows 6.14.
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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