Industrial Minerals (ASX:IND) Cash Ratio: 0.87 (As of Dec. 2025) — 69% Below Median

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ASX:IND Industrial Minerals Ltd ASX:IND
33 GF Score
Price A$0.12
! 3 Warning Signs
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What is Industrial Minerals Cash Ratio?

Industrial Minerals ASX:IND 33 Cash Ratio is 0.87 as of Dec. 2025, which is 69% below its 10-year median of 2.77. GuruFocus rates ASX:IND with a GF Score™ of 33/100. The stock has 3 warning signs investors should review. Among 2,575 Metals & Mining companies, Industrial Minerals ranks worse than 63.07% 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. Industrial Minerals's Cash Ratio for the quarter that ended in Dec. 2025 was 0.87.

Industrial Minerals has a Cash Ratio of 0.87. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.

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

ASX:IND' s Cash Ratio Range Over the Past 10 Years
Min: 0.85   Med: 2.77   Max: 34.74
Current: 0.87

During the past 5 years, Industrial Minerals's highest Cash Ratio was 34.74. The lowest was 0.85. And the median was 2.77.

ASX:IND's Cash Ratio is ranked worse than
63.07% of 2575 companies
in the Metals & Mining industry
Industry Median: 1.83 vs ASX:IND: 0.87

Industrial Minerals  (ASX:IND) 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.


Industrial Minerals Cash Ratio Related Terms


Industrial Minerals Cash Ratio Historical Data

* Premium members only.

The historical data trend for Industrial 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.

Industrial Minerals Cash Ratio Chart

Industrial Minerals Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
Cash Ratio
0.99 12.32 4.91 0.85 2.13

Industrial Minerals Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Cash Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.77 0.85 0.00 2.13 0.87

Industrial Minerals Cash Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Industrial 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.


Industrial Minerals Cash Ratio vs Metals & Mining Industry

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

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


ASX:IND
33GF Score
Industrial Minerals Ltd ASX:IND
Cash Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Industrial 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.

Industrial 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
=0.882/0.414
=2.13

Industrial 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
=0.517/0.593
=0.87

* 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 0.87 mean?
Industrial Minerals (ASX:IND) has a Cash Ratio of 0.87 as of Dec. 2025. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Industrial Minerals and its competitors. This is 69% below median its historical median of 2.77. Over the past decade, Industrial Minerals' Cash Ratio has ranged from 0.85 to 34.74. According to the industry distribution chart, Industrial Minerals ranks #1624 out of 2575 companies in the Metals & Mining industry, placing it in the top 63.1%.
Is Industrial Minerals' Cash Ratio too high?
Industrial Minerals' current Cash Ratio of 0.87 is 69% below median its 10-year median of 2.77. Over the past 10 years, this metric has ranged from a low of 0.85 to a high of 34.74. The Metals & Mining industry median Cash Ratio is 1.83. Industrial Minerals' value of 0.87 is 52.5% below this industry median. Based on the distribution chart, Industrial Minerals ranks #1624 out of 2575 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Industrial Minerals has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Industrial Minerals' Cash Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Industrial Minerals ranks #1624 out of 2575 companies for Cash Ratio. This places Industrial Minerals in the lower half of its industry. The industry median Cash Ratio is 1.83. Industrial Minerals' value of 0.87 is 52.5% below this benchmark. Historically, Industrial Minerals' own Cash Ratio has ranged from 0.85 to 34.74 over the past decade. While the company's 10-year median is 2.77 vs. the industry median of 1.83, Industrial Minerals has consistently been below 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 2,575 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. Industrial Minerals's current Cash Ratio of 0.87 is 52.5% below 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 Industrial 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. Industrial Minerals's current Cash Ratio is 0.87, which is 69% below median its own 10-year median of 2.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Industrial Minerals stock overvalued right now?
Industrial Minerals (ASX:IND) has a current Cash Ratio of 0.87. The current Cash Ratio is 0.87, which is 69% below median its 10-year median of 2.77 and 52.5% below the Metals & Mining industry median of 1.83. Industrial Minerals' overall GF Score™ is 33/100 with 3 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 Industrial Minerals (ASX:IND), the current Cash Ratio is 0.87 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.

Industrial Minerals Business Description

Other Exchanges 9ED:Germany
Address 460 Stirling Highway, Suite 38, Peppermint Grove, Perth, WA, AUS, 6011
Industrial Minerals Ltd is engaged in the evaluation and exploration of mineral interests, prospective for industrial minerals. Its projects include Pippingarra Quarry Project, Mukinbudin Quartz/Feldspar Project, and Silica Sands Projects. The group is organised into one operating segment, being mining and exploration operations.
33GF Score

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