Fortuna MetalsASX:FUN 33 Cash Ratio is 17.09 as of Dec. 2025, which is 2% above its 10-year median of 16.79. GuruFocus rates ASX:FUN with a GF Score™ of 33/100. The stock has 2 warning signs investors should review. Among 2,564 Metals & Mining companies, Fortuna Metals ranks better than 87.75% on this metric.
Fortuna Metals has a Cash Ratio of 17.09. 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 Fortuna Metals's Cash Ratio or its related term are showing as below:
ASX:FUN'
s Cash Ratio Range Over the Past 10 Years
Min: 0.06 Med: 16.79 Max: 50.86
Current: 17.09
During the past 13 years, Fortuna Metals's highest Cash Ratio was 50.86. The lowest was 0.06. And the median was 16.79.
ASX:FUN's Cash Ratio is ranked better than 87.75% of 2564
companies
in the Metals & Mining industry
Industry Median: 1.815
vs ASX:FUN: 17.09
Fortuna Metals (ASX:FUN) 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.
Fortuna Metals Cash Ratio Related Terms
Fortuna Metals Cash Ratio Historical Data
* Premium members only.
The historical data trend for Fortuna Metals'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.
For the Other Industrial Metals & Mining subindustry, Fortuna Metals'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.
Fortuna Metals Cash Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Fortuna Metals's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Fortuna Metals'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.
Fortuna Metals (ASX:FUN) has a Cash Ratio of 17.09 as of Dec. 2025. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Fortuna Metals and its competitors. This is near median its historical median of 16.79. Over the past decade, Fortuna Metals' Cash Ratio has ranged from 0.06 to 50.86. According to the industry distribution chart, Fortuna Metals ranks #314 out of 2564 companies in the Metals & Mining industry, placing it in the top 12.2%.
Is Fortuna Metals' Cash Ratio too high?
Fortuna Metals' current Cash Ratio of 17.09 is near median its 10-year median of 16.79. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 50.86. The Metals & Mining industry median Cash Ratio is 1.82. Fortuna Metals' value of 17.09 is 841.6% above this industry median. Based on the distribution chart, Fortuna Metals ranks #314 out of 2564 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Fortuna Metals has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Fortuna Metals' Cash Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Fortuna Metals ranks #314 out of 2564 companies for Cash Ratio. This places Fortuna Metals in the top 12% of its industry — outperforming the majority of peers. The industry median Cash Ratio is 1.82. Fortuna Metals' value of 17.09 is 841.6% above this benchmark. Historically, Fortuna Metals' own Cash Ratio has ranged from 0.06 to 50.86 over the past decade. While the company's 10-year median is 16.79 vs. the industry median of 1.82, Fortuna Metals 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 1.82, based on 2,564 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. Fortuna Metals's current Cash Ratio of 17.09 is 841.6% 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 Fortuna Metals and its competitors. For the Metals & Mining industry, the median Cash Ratio is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fortuna Metals's current Cash Ratio is 17.09, which is near median its own 10-year median of 16.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortuna Metals stock overvalued right now?
Fortuna Metals (ASX:FUN) has a current Cash Ratio of 17.09. The current Cash Ratio is 17.09, which is near median its 10-year median of 16.79 and 841.6% above the Metals & Mining industry median of 1.82. Fortuna Metals' overall GF Score™ is 33/100 with 2 warning signs to review. 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 Fortuna Metals (ASX:FUN), the current Cash Ratio is 17.09 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.
Fortuna Metals Ltd is a mineral exploration company with a focus on the discovery of critical minerals including Rare Earth Elements (REE's) and base metals in tier 1 mining jurisdictions of Western Australia and South Australia. It is is an emerging Rare Earth Explorer (REE) and base metals explorer focused on projects in Western Australia and South Australia. Its projects include Gascoyne Project, and Murraydium REE Project, Lady Grey Lithium-Tantalum Project, Western Australia, and Koolya Project, Western Australia.
33GF Score
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