Mincon Group (LSE:MCON) Cash Ratio: 0.29 (As of Jun. 2026) — 41% Below Median

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LSE:MCON Mincon Group PLC LSE:MCON
52 GF Score
Price £0.62
GF Value £0.43
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Mincon Group Cash Ratio?

Mincon Group LSE:MCON 52 Cash Ratio is 0.29 as of Jun. 2026, which is 41% below its 10-year median of 0.49. GuruFocus rates LSE:MCON with a GF Score™ of 52/100 and a GF Value™ of £0.43 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 3,031 Industrial Products companies, Mincon Group ranks worse than 67.24% 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. Mincon Group's Cash Ratio for the quarter that ended in Jun. 2026 was 0.29.

Mincon Group has a Cash Ratio of 0.29. 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 Mincon Group's Cash Ratio or its related term are showing as below:

LSE:MCON' s Cash Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.49   Max: 3.4
Current: 0.29

During the past 13 years, Mincon Group's highest Cash Ratio was 3.40. The lowest was 0.29. And the median was 0.49.

LSE:MCON's Cash Ratio is ranked worse than
67.24% of 3031 companies
in the Industrial Products industry
Industry Median: 0.5 vs LSE:MCON: 0.29

Mincon Group  (LSE:MCON) 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.


Mincon Group Cash Ratio Related Terms


Mincon Group Cash Ratio Historical Data

* Premium members only.

The historical data trend for Mincon Group'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.

Mincon Group Cash Ratio Chart

Mincon Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.40 0.60 0.47 0.32

Mincon Group Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 0.44 0.47 0.30 0.32 0.29

LSE:MCON vs SNA, RBC, SWK: Cash Ratio Comparison

For the Tools & Accessories subindustry, Mincon Group'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.


Mincon Group Cash Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mincon Group's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Mincon Group's Cash Ratio falls into.


LSE:MCON
52GF Score
Mincon Group PLC LSE:MCON
Cash Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mincon Group Cash Ratio Calculation

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

Mincon Group's Cash Ratio for the fiscal year that ended in Dec. 2025 is calculated as:

Cash Ratio (A: Dec. 2025 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=10.19/31.506
=0.32

Mincon Group's Cash Ratio for the quarter that ended in Jun. 2026 is calculated as:

Cash Ratio (Q: Jun. 2026 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=11.199/38.015
=0.29

* 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 0.29 mean?
Mincon Group (LSE:MCON) has a Cash Ratio of 0.29 as of Jun. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Mincon Group and its competitors. This is 41% below median its historical median of 0.49. Over the past decade, Mincon Group's Cash Ratio has ranged from 0.29 to 3.40. According to the industry distribution chart, Mincon Group ranks #2038 out of 3031 companies in the Industrial Products industry, placing it in the top 67.2%.
Is Mincon Group's Cash Ratio too high?
Mincon Group's current Cash Ratio of 0.29 is 41% below median its 10-year median of 0.49. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 3.40. The Industrial Products industry median Cash Ratio is 0.50. Mincon Group's value of 0.29 is 42% below this industry median. Based on the distribution chart, Mincon Group ranks #2038 out of 3031 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Mincon Group has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mincon Group's Cash Ratio compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Mincon Group ranks #2038 out of 3031 companies for Cash Ratio. This places Mincon Group in the lower half of its industry. The industry median Cash Ratio is 0.50. Mincon Group's value of 0.29 is 42% below this benchmark. Historically, Mincon Group's own Cash Ratio has ranged from 0.29 to 3.40 over the past decade. While the company's 10-year median is 0.49 vs. the industry median of 0.50, Mincon Group 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 an Industrial Products company?
The median Cash Ratio among Industrial Products companies is 0.50, based on 3,031 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. Mincon Group's current Cash Ratio of 0.29 is 42% 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 Mincon Group and its competitors. For the Industrial Products industry, the median Cash Ratio is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mincon Group's current Cash Ratio is 0.29, which is 41% below median its own 10-year median of 0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mincon Group stock overvalued right now?
Based on GuruFocus' analysis, Mincon Group (LSE:MCON) is currently considered Significantly Overvalued. The stock's GF Value™ is £0.43, compared to a current price of £0.62 — trading 43% above its estimated fair value. The current Cash Ratio is 0.29, which is 41% below median its 10-year median of 0.49 and 42% below the Industrial Products industry median of 0.50. Mincon Group's overall GF Score™ is 52/100 with 7 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 Mincon Group (LSE:MCON), the current Cash Ratio is 0.29 as of Jun. 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.

Is Mincon Group (LSE:MCON) Overvalued in 2026?

Based on GuruFocus' analysis, Mincon Group stock appears to be overvalued. The current stock price of £0.62 is trading 43% above its estimated GF Value™ of £0.43. GuruFocus considers Mincon Group to be Significantly Overvalued.

Key valuation signals for LSE:MCON:

  • Cash Ratio: 0.29 (41% below median its 10-year median of 0.49)
  • GF Value™: £0.43 vs. price of £0.62 (43% above fair value)
  • GF Score™: 52/100 with 7 warning signs
  • Industry Position: 42% below the Industrial Products median (#2038 of 3031)

No single metric tells the full story. See the LSE:MCON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mincon Group Business Description

Other Exchanges MIO:Ireland
Address Smithstown Industrial Estate, County Clare, Shannon, IRL
Mincon Group PLC designs, produces, and sells rock drilling tools. Its products are used in the mining exploration, oil and gas production, water well drilling, geothermal drilling, and seismic drilling sectors. Mincon's product offerings include conventional down-the-hole hammers, inverted circulation down-the-hole hammers, horizontal directional drilling systems, mast integration systems, drill pipes, and shock absorbers, among others. It also provides training, after-sales support, and related services to customers through its network of sales and distribution companies. Maximum revenue is derived from the sale of drilling equipment. Geographically, the company generates maximum revenue from Europe, Middle East, Africa (EMEA), followed by the Americas, Australasia, and Ireland.
52GF Score

Get the complete analysis for LSE:MCON

Cash Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£0.62
Price
£0.43
GF Value