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.
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.
Megado MineralsASX:MEG Cash Ratio is 11.62 as of Dec. 2025, which is 9% below its 10-year median of 12.81. The stock has 1 warning sign investors should review. Among 2,570 Metals & Mining companies, Megado Minerals ranks better than 82.68% on this metric.
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.
Megado Minerals Cash Ratio Related Terms
Megado Minerals Cash Ratio Historical Data
* Premium members only.
The historical data trend for Megado 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.
For the Other Industrial Metals & Mining subindustry, Megado 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.
Megado Minerals Cash Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Megado Minerals's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Megado Minerals'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.
Megado Minerals (ASX:MEG) has a Cash Ratio of 11.62 as of Dec. 2025. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Megado Minerals and its competitors. This is near median its historical median of 12.81. Over the past decade, Megado Minerals' Cash Ratio has ranged from 3.50 to 24.30. According to the industry distribution chart, Megado Minerals ranks #445 out of 2570 companies in the Metals & Mining industry, placing it in the top 17.3%.
Is Megado Minerals' Cash Ratio too high?
Megado Minerals' current Cash Ratio of 11.62 is near median its 10-year median of 12.81. Over the past 10 years, this metric has ranged from a low of 3.50 to a high of 24.30. The Metals & Mining industry median Cash Ratio is 1.84. Megado Minerals' value of 11.62 is 533.2% above this industry median. Based on the distribution chart, Megado Minerals ranks #445 out of 2570 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does Megado Minerals' Cash Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Megado Minerals ranks #445 out of 2570 companies for Cash Ratio. This places Megado Minerals in the top 17% of its industry — outperforming the majority of peers. The industry median Cash Ratio is 1.84. Megado Minerals' value of 11.62 is 533.2% above this benchmark. Historically, Megado Minerals' own Cash Ratio has ranged from 3.50 to 24.30 over the past decade. While the company's 10-year median is 12.81 vs. the industry median of 1.84, Megado 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 1.84, based on 2,570 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. Megado Minerals's current Cash Ratio of 11.62 is 533.2% 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 Megado Minerals and its competitors. For the Metals & Mining industry, the median Cash Ratio is 1.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Megado Minerals's current Cash Ratio is 11.62, which is near median its own 10-year median of 12.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Megado Minerals stock overvalued right now?
Megado Minerals (ASX:MEG) has a current Cash Ratio of 11.62. The current Cash Ratio is 11.62, which is near median its 10-year median of 12.81 and 533.2% above the Metals & Mining industry median of 1.84. 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 Megado Minerals (ASX:MEG), the current Cash Ratio is 11.62 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.
Megado Minerals Ltd is an exploration company focused on critical minerals in North America. The company's project portfolio includes the North Fork Rare Earth Project, the Iberian Copper Project, the Cyclone Lithium Project, and the K Lithium Project. The geographical areas that the entity operates in are Australia, the United States, Canada, and Ethiopia.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:MEG has been successfully added to your 
