Nickel 28 CapitalCONXF 38 Cash Ratio is 0.80 as of Apr. 2026, which is 67% above its 10-year median of 0.48. GuruFocus rates CONXF with a GF Score™ of 38/100. The stock has 1 warning sign investors should review. Among 2,570 Metals & Mining companies, Nickel 28 Capital ranks worse than 64.2% on this metric.
Nickel 28 Capital has a Cash Ratio of 0.80. 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 28 Capital's Cash Ratio or its related term are showing as below:
CONXF'
s Cash Ratio Range Over the Past 10 Years
Min: 0.11 Med: 0.48 Max: 1.42
Current: 0.8
During the past 7 years, Nickel 28 Capital's highest Cash Ratio was 1.42. The lowest was 0.11. And the median was 0.48.
CONXF's Cash Ratio is ranked worse than 64.2% of 2570
companies
in the Metals & Mining industry
Industry Median: 1.81
vs CONXF: 0.80
Nickel 28 Capital (OTCPK:CONXF) 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 28 Capital Cash Ratio Related Terms
Nickel 28 Capital Cash Ratio Historical Data
* Premium members only.
The historical data trend for Nickel 28 Capital'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 28 Capital Cash Ratio Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Nickel 28 Capital'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 28 Capital Cash Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Nickel 28 Capital's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Nickel 28 Capital'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 28 Capital (CONXF) has a Cash Ratio of 0.80 as of Apr. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Nickel 28 Capital and its competitors. This is 67% above median its historical median of 0.48. Over the past decade, Nickel 28 Capital's Cash Ratio has ranged from 0.11 to 1.42. According to the industry distribution chart, Nickel 28 Capital ranks #1650 out of 2570 companies in the Metals & Mining industry, placing it in the top 64.2%.
Is Nickel 28 Capital's Cash Ratio too high?
Nickel 28 Capital's current Cash Ratio of 0.80 is 67% above median its 10-year median of 0.48. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 1.42. The Metals & Mining industry median Cash Ratio is 1.81. Nickel 28 Capital's value of 0.80 is 55.8% below this industry median. Based on the distribution chart, Nickel 28 Capital ranks #1650 out of 2570 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Nickel 28 Capital has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Nickel 28 Capital's Cash Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Nickel 28 Capital ranks #1650 out of 2570 companies for Cash Ratio. This places Nickel 28 Capital in the lower half of its industry. The industry median Cash Ratio is 1.81. Nickel 28 Capital's value of 0.80 is 55.8% below this benchmark. Historically, Nickel 28 Capital's own Cash Ratio has ranged from 0.11 to 1.42 over the past decade. While the company's 10-year median is 0.48 vs. the industry median of 1.81, Nickel 28 Capital 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 1.81, 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. Nickel 28 Capital's current Cash Ratio of 0.80 is 55.8% 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 28 Capital and its competitors. For the Metals & Mining industry, the median Cash Ratio is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nickel 28 Capital's current Cash Ratio is 0.80, which is 67% above median its own 10-year median of 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nickel 28 Capital stock overvalued right now?
Nickel 28 Capital (CONXF) has a current Cash Ratio of 0.80. The current Cash Ratio is 0.80, which is 67% above median its 10-year median of 0.48 and 55.8% below the Metals & Mining industry median of 1.81. Nickel 28 Capital's overall GF Score™ is 38/100 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 Nickel 28 Capital (CONXF), the current Cash Ratio is 0.80 as of Apr. 2026. 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.
Nickel 28 Capital Corp is a base metals company offering direct exposure to nickel and cobalt. The Company holds a joint-venture interest in the producing Ramu Nickel-Cobalt Operation in Papua New Guinea and manages a portfolio of nickel and cobalt royalties in projects in Canada, Australia, and Papua New Guinea, including royalties in the Dumont nickel project in Quebec and the Turnagain nickel project in British Columbia. The Company is engaged in the management and acquisition of joint venture and royalty interests in the nickel and cobalt sectors. Its primary focus is on opportunities that could provide shareholders with near-term cash flow and royalties on production and exploration-stage nickel and/or cobalt properties. The Company operates in Canada and Asia Pacific.
38GF Score
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