FASLF (First Andes Silver) Cash Ratio: 2.96 (As of Feb. 2026) — 179% Above Median


What is First Andes Silver Cash Ratio?

First Andes Silver FASLF Cash Ratio is 2.96 as of Feb. 2026, which is 179% above its 10-year median of 1.06. The stock has 1 warning sign investors should review. Among 2,565 Metals & Mining companies, First Andes Silver ranks better than 58.67% 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. First Andes Silver's Cash Ratio for the quarter that ended in Feb. 2026 was 2.96.

First Andes Silver has a Cash Ratio of 2.96. 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 First Andes Silver's Cash Ratio or its related term are showing as below:

FASLF' s Cash Ratio Range Over the Past 10 Years
Min: 0.01   Med: 1.06   Max: 14.05
Current: 2.96

During the past 5 years, First Andes Silver's highest Cash Ratio was 14.05. The lowest was 0.01. And the median was 1.06.

FASLF's Cash Ratio is ranked better than
58.67% of 2565 companies
in the Metals & Mining industry
Industry Median: 1.83 vs FASLF: 2.96

First Andes Silver  (OTCPK:FASLF) 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.


First Andes Silver Cash Ratio Related Terms


First Andes Silver Cash Ratio Historical Data

* Premium members only.

The historical data trend for First Andes Silver'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.

First Andes Silver Cash Ratio Chart

First Andes Silver Annual Data
Trend Feb22 Feb23 Feb24 Feb25 Feb26
Cash Ratio
14.07 0.77 0.01 1.06 2.96

First Andes Silver Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Cash Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.06 0.80 1.59 1.06 2.96

FASLF vs HL: Cash Ratio Comparison

For the Other Precious Metals & Mining subindustry, First Andes Silver'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.


First Andes Silver Cash Ratio vs Metals & Mining Industry

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

* The bar in red indicates where First Andes Silver's Cash Ratio falls into.



First Andes Silver Cash Ratio Calculation

The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.

First Andes Silver's Cash Ratio for the fiscal year that ended in Feb. 2026 is calculated as:

Cash Ratio (A: Feb. 2026 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=1.4/0.473
=2.96

First Andes Silver's Cash Ratio for the quarter that ended in Feb. 2026 is calculated as:

Cash Ratio (Q: Feb. 2026 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=1.4/0.473
=2.96

* 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 2.96 mean?
First Andes Silver (FASLF) has a Cash Ratio of 2.96 as of Feb. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on First Andes Silver and its competitors. This is 179% above median its historical median of 1.06. Over the past decade, First Andes Silver's Cash Ratio has ranged from 0.01 to 14.05. According to the industry distribution chart, First Andes Silver ranks #1060 out of 2565 companies in the Metals & Mining industry, placing it in the top 41.3%.
Is First Andes Silver's Cash Ratio too high?
First Andes Silver's current Cash Ratio of 2.96 is 179% above median its 10-year median of 1.06. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 14.05. The Metals & Mining industry median Cash Ratio is 1.83. First Andes Silver's value of 2.96 is 61.7% above this industry median. Based on the distribution chart, First Andes Silver ranks #1060 out of 2565 companies in the Metals & Mining industry, which is above the industry midpoint.
How does First Andes Silver's Cash Ratio compare to HL?
According to the Metals & Mining industry distribution chart, First Andes Silver ranks #1060 out of 2565 companies for Cash Ratio. This puts First Andes Silver in the upper half of its industry. The industry median Cash Ratio is 1.83. First Andes Silver's value of 2.96 is 61.7% above this benchmark. Historically, First Andes Silver's own Cash Ratio has ranged from 0.01 to 14.05 over the past decade. While the company's 10-year median is 1.06 vs. the industry median of 1.83, First Andes Silver 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 2,565 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. First Andes Silver's current Cash Ratio of 2.96 is 61.7% 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 First Andes Silver 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. First Andes Silver's current Cash Ratio is 2.96, which is 179% above median its own 10-year median of 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Andes Silver stock overvalued right now?
First Andes Silver (FASLF) has a current Cash Ratio of 2.96. The current Cash Ratio is 2.96, which is 179% above median its 10-year median of 1.06 and 61.7% above the Metals & Mining industry median of 1.83. 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 First Andes Silver (FASLF), the current Cash Ratio is 2.96 as of Feb. 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.

First Andes Silver Business Description

Other Exchanges 9TZ0:GermanyFAS:Canada
Address 1100 - 1199 West Hastings Street, Vancouver, BC, CAN, V6E 3T5
First Andes Silver Ltd is an exploration-stage company focusing on mineral properties in Peru. It owns a hundred percent interest in the high-grade Santas Gloria silver property, located approximately one hundred kilometers from Lima, Peru.