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.
Nickel IndustriesASX:NIC +0.61%57 Cash Ratio is 0.52 as of Dec. 2025, which is 40% below its 10-year median of 0.87. GuruFocus rates ASX:NIC with a GF Score™ of 57/100 and a GF Value™ of A$0.70 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 2,571 Metals & Mining companies, Nickel Industries ranks worse than 70.36% on this metric.
Nickel Industries has a Cash Ratio of 0.52. 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 Nickel Industries's Cash Ratio or its related term are showing as below:
ASX:NIC'
s Cash Ratio Range Over the Past 10 Years
Min: 0.2 Med: 0.87 Max: 6.09
Current: 0.52
During the past 8 years, Nickel Industries's highest Cash Ratio was 6.09. The lowest was 0.20. And the median was 0.87.
ASX:NIC's Cash Ratio is ranked worse than 70.36% of 2571
companies
in the Metals & Mining industry
Industry Median: 1.84
vs ASX:NIC: 0.52
Nickel Industries (ASX:NIC) 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.
Nickel Industries Cash Ratio Related Terms
Nickel Industries Cash Ratio Historical Data
* Premium members only.
The historical data trend for Nickel Industries'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.
Nickel Industries Cash Ratio Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Nickel Industries'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.
Nickel Industries Cash Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Nickel Industries's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Nickel Industries'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.
Nickel Industries (ASX:NIC) has a Cash Ratio of 0.52 as of Dec. 2025. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Nickel Industries and its competitors. This is 40% below median its historical median of 0.87. Over the past decade, Nickel Industries' Cash Ratio has ranged from 0.20 to 6.09. According to the industry distribution chart, Nickel Industries ranks #1809 out of 2571 companies in the Metals & Mining industry, placing it in the top 70.4%.
Is Nickel Industries' Cash Ratio too high?
Nickel Industries' current Cash Ratio of 0.52 is 40% below median its 10-year median of 0.87. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 6.09. The Metals & Mining industry median Cash Ratio is 1.84. Nickel Industries' value of 0.52 is 71.7% below this industry median. Based on the distribution chart, Nickel Industries ranks #1809 out of 2571 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Nickel Industries has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nickel Industries' Cash Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Nickel Industries ranks #1809 out of 2571 companies for Cash Ratio. This places Nickel Industries in the lower half of its industry. The industry median Cash Ratio is 1.84. Nickel Industries' value of 0.52 is 71.7% below this benchmark. Historically, Nickel Industries' own Cash Ratio has ranged from 0.20 to 6.09 over the past decade. While the company's 10-year median is 0.87 vs. the industry median of 1.84, Nickel Industries 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 1.84, 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. Nickel Industries's current Cash Ratio of 0.52 is 71.7% 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 Nickel Industries 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. Nickel Industries's current Cash Ratio is 0.52, which is 40% below median its own 10-year median of 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nickel Industries stock overvalued right now?
Based on GuruFocus' analysis, Nickel Industries (ASX:NIC) is currently considered Modestly Overvalued. The stock's GF Value™ is A$0.70, compared to a current price of A$0.82 — trading 17.1% above its estimated fair value. The current Cash Ratio is 0.52, which is 40% below median its 10-year median of 0.87 and 71.7% below the Metals & Mining industry median of 1.84. Nickel Industries' overall GF Score™ is 57/100 with 10 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 Nickel Industries (ASX:NIC), the current Cash Ratio is 0.52 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.
Is Nickel Industries (ASX:NIC) Overvalued in 2026?
Based on GuruFocus' analysis, Nickel Industries stock appears to be overvalued.
The current stock price of A$0.82 is trading 17.1% above its estimated GF Value™ of A$0.70.
GuruFocus considers Nickel Industries to be Modestly Overvalued.
Key valuation signals for ASX:NIC:
Cash Ratio: 0.52 (40% below median its 10-year median of 0.87)
GF Value™: A$0.70 vs. price of A$0.82 (17.1% above fair value)
Industry Position: 71.7% below the Metals & Mining median (#1809 of 2571)
No single metric tells the full story. See the ASX:NIC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nickel Industries Ltd is engaged in acquiring, exploring, and developing nickel projects. The group has three segments: nickel ore mining in Indonesia, the RKEF projects in Indonesia and Singapore, and the HPAL projects in Indonesia. Its principal operations, located in Indonesia, are the Hengjaya Nickel, Oracle Nickel, and RKEF projects located within the Indonesia Morowali Industrial Park (IMIP), the Angel Nickel RKEF Project within the Indonesia Weda Bay Industrial Park (IWIP), and the Hengjaya Mine, a large tonnage, high grade nickel laterite deposit in proximity to the IMIP.
57GF Score
Get the complete analysis for ASX:NIC
Cash Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:NIC has been successfully added to your 
