Altitude Minerals (ASX:ATT) Cash Ratio: 6.88 (As of Dec. 2025) — 23% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Altitude Minerals Cash Ratio?

Altitude Minerals ASX:ATT -9.09% Cash Ratio is 6.88 as of Dec. 2025, which is 23% below its 10-year median of 8.92. The stock has 1 warning sign investors should review. Among 2,569 Metals & Mining companies, Altitude Minerals ranks better than 74.89% on this metric.

The Cash Ratio measures a company’s ability to meet its short-term obligations with cash and near-cash resources. It is calculated as a company's Cash, Cash Equivalents, Marketable Securities divides by its Total Current Liabilities. Altitude Minerals's Cash Ratio for the quarter that ended in Dec. 2025 was 6.88.

Altitude Minerals has a Cash Ratio of 6.88. It generally indicates that the company is able to cover all short-term debt and still have cash remaining.

The historical rank and industry rank for Altitude Minerals's Cash Ratio or its related term are showing as below:

ASX:ATT' s Cash Ratio Range Over the Past 10 Years
Min: 3   Med: 8.92   Max: 71.62
Current: 6.88

During the past 5 years, Altitude Minerals's highest Cash Ratio was 71.62. The lowest was 3.00. And the median was 8.92.

ASX:ATT's Cash Ratio is ranked better than
74.89% of 2569 companies
in the Metals & Mining industry
Industry Median: 1.83 vs ASX:ATT: 6.88

Altitude Minerals  (ASX:ATT) Cash Ratio Explanation

The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.

The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.

In general, the higher the cash ratio, the better the company's liquidity position.


Altitude Minerals Cash Ratio Related Terms


Altitude Minerals Cash Ratio Historical Data

* Premium members only.

The historical data trend for Altitude Minerals's Cash Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Altitude Minerals Cash Ratio Chart

Altitude Minerals Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
Cash Ratio
5.45 12.53 8.92 6.55 3.00

Altitude Minerals Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Cash Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 13.42 6.55 8.92 3.00 6.88

ASX:ATT vs HL: Cash Ratio Comparison

For the Other Precious Metals & Mining subindustry, Altitude Minerals's Cash Ratio, along with its competitors' market caps and Cash Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Altitude Minerals Cash Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Altitude Minerals's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Altitude Minerals's Cash Ratio falls into.



Altitude Minerals Cash Ratio Calculation

The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.

Altitude Minerals's Cash Ratio for the fiscal year that ended in Jun. 2025 is calculated as:

Cash Ratio (A: Jun. 2025 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=1.041/0.347
=3.00

Altitude Minerals's Cash Ratio for the quarter that ended in Dec. 2025 is calculated as:

Cash Ratio (Q: Dec. 2025 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=1.885/0.274
=6.88

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Cash Ratio →
What does a Cash Ratio of 6.88 mean?
Altitude Minerals (ASX:ATT) has a Cash Ratio of 6.88 as of Dec. 2025. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Altitude Minerals and its competitors. This is 23% below median its historical median of 8.92. Over the past decade, Altitude Minerals' Cash Ratio has ranged from 3.00 to 71.62. According to the industry distribution chart, Altitude Minerals ranks #645 out of 2569 companies in the Metals & Mining industry, placing it in the top 25.1%.
Is Altitude Minerals' Cash Ratio too high?
Altitude Minerals' current Cash Ratio of 6.88 is 23% below median its 10-year median of 8.92. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 71.62. The Metals & Mining industry median Cash Ratio is 1.83. Altitude Minerals' value of 6.88 is 276% above this industry median. Based on the distribution chart, Altitude Minerals ranks #645 out of 2569 companies in the Metals & Mining industry, which is above the industry midpoint.
How does Altitude Minerals' Cash Ratio compare to HL?
According to the Metals & Mining industry distribution chart, Altitude Minerals ranks #645 out of 2569 companies for Cash Ratio. This puts Altitude Minerals in the upper half of its industry. The industry median Cash Ratio is 1.83. Altitude Minerals' value of 6.88 is 276% above this benchmark. Historically, Altitude Minerals' own Cash Ratio has ranged from 3.00 to 71.62 over the past decade. While the company's 10-year median is 8.92 vs. the industry median of 1.83, Altitude Minerals has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for a Metals & Mining company?
The median Cash Ratio among Metals & Mining companies is 1.83, based on 2,569 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Altitude Minerals's current Cash Ratio of 6.88 is 276% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Altitude Minerals and its competitors. For the Metals & Mining industry, the median Cash Ratio is 1.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Altitude Minerals's current Cash Ratio is 6.88, which is 23% below median its own 10-year median of 8.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altitude Minerals stock overvalued right now?
Altitude Minerals (ASX:ATT) has a current Cash Ratio of 6.88. The current Cash Ratio is 6.88, which is 23% below median its 10-year median of 8.92 and 276% above the Metals & Mining industry median of 1.83. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For Altitude Minerals (ASX:ATT), the current Cash Ratio is 6.88 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Altitude Minerals Business Description

Address 21 Sydenham Road, Norwood, SA, AUS, 5067
Altitude Minerals Ltd is a minerals exploration company targeting copper-gold deposits within the Gawler Craton of South Australia. The assets are divided into four main project areas: the Peake and Denison, and Ruby Hill Projects contain known copper occurrences, and the Billa Kalina projects; the Peake and Denison and Ruby Hill Projects have anomalous gold occurrences.