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Southern PalladiumASX:SPD +13.77%31 Cash Ratio is 79.78 as of Dec. 2025, which is at its 10-year median of 79.78. GuruFocus rates ASX:SPD with a GF Score™ of 31/100. The stock has 1 warning sign investors should review. Among 2,575 Metals & Mining companies, Southern Palladium ranks better than 98.45% on this metric.
Southern Palladium has a Cash Ratio of 79.78. 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 Southern Palladium's Cash Ratio or its related term are showing as below:
ASX:SPD'
s Cash Ratio Range Over the Past 10 Years
Min: 14.19 Med: 79.78 Max: 189.35
Current: 79.78
During the past 4 years, Southern Palladium's highest Cash Ratio was 189.35. The lowest was 14.19. And the median was 79.78.
ASX:SPD's Cash Ratio is ranked better than 98.45% of 2575
companies
in the Metals & Mining industry
Industry Median: 1.83
vs ASX:SPD: 79.78
Southern Palladium (ASX:SPD) 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.
Southern Palladium Cash Ratio Related Terms
Southern Palladium Cash Ratio Historical Data
* Premium members only.
The historical data trend for Southern Palladium'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 Precious Metals & Mining subindustry, Southern Palladium'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.
Southern Palladium Cash Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Southern Palladium's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Southern Palladium'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.
Southern Palladium (ASX:SPD) has a Cash Ratio of 79.78 as of Dec. 2025. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Southern Palladium and its competitors. This is near median its historical median of 79.78. Over the past decade, Southern Palladium's Cash Ratio has ranged from 14.19 to 189.35. According to the industry distribution chart, Southern Palladium ranks #40 out of 2575 companies in the Metals & Mining industry, placing it in the top 1.6%.
Is Southern Palladium's Cash Ratio too high?
Southern Palladium's current Cash Ratio of 79.78 is near median its 10-year median of 79.78. Over the past 10 years, this metric has ranged from a low of 14.19 to a high of 189.35. The Metals & Mining industry median Cash Ratio is 1.83. Southern Palladium's value of 79.78 is 4259.6% above this industry median. Based on the distribution chart, Southern Palladium ranks #40 out of 2575 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Southern Palladium has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Southern Palladium's Cash Ratio compare to HL?
According to the Metals & Mining industry distribution chart, Southern Palladium ranks #40 out of 2575 companies for Cash Ratio. This places Southern Palladium in the top 2% of its industry — outperforming the majority of peers. The industry median Cash Ratio is 1.83. Southern Palladium's value of 79.78 is 4259.6% above this benchmark. Historically, Southern Palladium's own Cash Ratio has ranged from 14.19 to 189.35 over the past decade. While the company's 10-year median is 79.78 vs. the industry median of 1.83, Southern Palladium 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 1.83, 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. Southern Palladium's current Cash Ratio of 79.78 is 4259.6% 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 Southern Palladium 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. Southern Palladium's current Cash Ratio is 79.78, which is near median its own 10-year median of 79.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southern Palladium stock overvalued right now?
Southern Palladium (ASX:SPD) has a current Cash Ratio of 79.78. The current Cash Ratio is 79.78, which is near median its 10-year median of 79.78 and 4259.6% above the Metals & Mining industry median of 1.83. Southern Palladium's overall GF Score™ is 31/100 with 1 warning sign 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 Southern Palladium (ASX:SPD), the current Cash Ratio is 79.78 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.
Southern Palladium Ltd is an Australian mining and exploration company focused on the acquisition and development of platinum group metal (PGM) projects. Its primary asset is a majority interest in the Bengwenyama project in South Africa, which hosts palladium, rhodium, platinum, and other PGMs. These metals are used in various industrial applications, including automotive catalytic converters and clean energy technologies. The company generates revenue through the exploration, development, and eventual production of these metals, serving markets in various countries. The majority of the income generated is through interest income. Its operations mainly target PGM projects in South Africa.
31GF Score
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