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Far Northern ResourcesASX:FNR 15 Cash Ratio is 35.13 as of Dec. 2025, which is 9% above its 10-year median of 32.35. GuruFocus rates ASX:FNR with a GF Score™ of 15/100. Among 2,571 Metals & Mining companies, Far Northern Resources ranks better than 95.72% on this metric.
Far Northern Resources has a Cash Ratio of 35.13. 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 Far Northern Resources's Cash Ratio or its related term are showing as below:
ASX:FNR'
s Cash Ratio Range Over the Past 10 Years
Min: 2.36 Med: 32.35 Max: 38.23
Current: 35.13
During the past 4 years, Far Northern Resources's highest Cash Ratio was 38.23. The lowest was 2.36. And the median was 32.35.
ASX:FNR's Cash Ratio is ranked better than 95.72% of 2571
companies
in the Metals & Mining industry
Industry Median: 1.87
vs ASX:FNR: 35.13
Far Northern Resources (ASX:FNR) 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.
* 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.
For the Gold subindustry, Far Northern Resources'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.
Far Northern Resources Cash Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Far Northern Resources's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Far Northern Resources's Cash Ratio falls into.
* 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.
Far Northern Resources (ASX:FNR) has a Cash Ratio of 35.13 as of Dec. 2025. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Far Northern Resources and its competitors. This is near median its historical median of 32.35. Over the past decade, Far Northern Resources' Cash Ratio has ranged from 2.36 to 38.23. According to the industry distribution chart, Far Northern Resources ranks #110 out of 2571 companies in the Metals & Mining industry, placing it in the top 4.3%.
Is Far Northern Resources' Cash Ratio too high?
Far Northern Resources' current Cash Ratio of 35.13 is near median its 10-year median of 32.35. Over the past 10 years, this metric has ranged from a low of 2.36 to a high of 38.23. The Metals & Mining industry median Cash Ratio is 1.87. Far Northern Resources' value of 35.13 is 1778.6% above this industry median. Based on the distribution chart, Far Northern Resources ranks #110 out of 2571 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Far Northern Resources has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Far Northern Resources' Cash Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Far Northern Resources ranks #110 out of 2571 companies for Cash Ratio. This places Far Northern Resources in the top 4% of its industry — outperforming the majority of peers. The industry median Cash Ratio is 1.87. Far Northern Resources' value of 35.13 is 1778.6% above this benchmark. Historically, Far Northern Resources' own Cash Ratio has ranged from 2.36 to 38.23 over the past decade. While the company's 10-year median is 32.35 vs. the industry median of 1.87, Far Northern Resources 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 1.87, based on 2,571 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. Far Northern Resources's current Cash Ratio of 35.13 is 1778.6% 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 Far Northern Resources and its competitors. For the Metals & Mining industry, the median Cash Ratio is 1.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Far Northern Resources's current Cash Ratio is 35.13, which is near median its own 10-year median of 32.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Far Northern Resources stock overvalued right now?
Far Northern Resources (ASX:FNR) has a current Cash Ratio of 35.13. The current Cash Ratio is 35.13, which is near median its 10-year median of 32.35 and 1778.6% above the Metals & Mining industry median of 1.87. Far Northern Resources' overall GF Score™ is 15/100. 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 Far Northern Resources (ASX:FNR), the current Cash Ratio is 35.13 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.
Far Northern Resources Ltd is engaged in exploration for and evaluation of economic deposits for gold and copper in Queensland and the Northern Territory. Its projects include the Bridge Creek Project, Empire Project, and Rocks Reef Project.
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