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.
Nouveau Monde GraphiteNMG -3.85%25 Cash Ratio is 4.03 as of Jun. 2026, which is 134% above its 10-year median of 1.72. GuruFocus rates NMG with a GF Score™ of 25/100. The stock has 1 warning sign investors should review. Among 2,574 Metals & Mining companies, Nouveau Monde Graphite ranks better than 63.87% on this metric.
Nouveau Monde Graphite has a Cash Ratio of 4.03. 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 Nouveau Monde Graphite's Cash Ratio or its related term are showing as below:
NMG'
s Cash Ratio Range Over the Past 10 Years
Min: 0.06 Med: 1.72 Max: 7.68
Current: 4.03
During the past 13 years, Nouveau Monde Graphite's highest Cash Ratio was 7.68. The lowest was 0.06. And the median was 1.72.
NMG's Cash Ratio is ranked better than 63.87% of 2574
companies
in the Metals & Mining industry
Industry Median: 1.865
vs NMG: 4.03
Nouveau Monde Graphite (NYSE:NMG) 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.
* 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.
Nouveau Monde Graphite Cash Ratio Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Nouveau Monde Graphite'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.
Nouveau Monde Graphite Cash Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Nouveau Monde Graphite's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Nouveau Monde Graphite'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.
Nouveau Monde Graphite (NMG) has a Cash Ratio of 4.03 as of Jun. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Nouveau Monde Graphite and its competitors. This is 134% above median its historical median of 1.72. Over the past decade, Nouveau Monde Graphite's Cash Ratio has ranged from 0.06 to 7.68. According to the industry distribution chart, Nouveau Monde Graphite ranks #930 out of 2574 companies in the Metals & Mining industry, placing it in the top 36.1%.
Is Nouveau Monde Graphite's Cash Ratio too high?
Nouveau Monde Graphite's current Cash Ratio of 4.03 is 134% above median its 10-year median of 1.72. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 7.68. The Metals & Mining industry median Cash Ratio is 1.87. Nouveau Monde Graphite's value of 4.03 is 116.1% above this industry median. Based on the distribution chart, Nouveau Monde Graphite ranks #930 out of 2574 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Nouveau Monde Graphite has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Nouveau Monde Graphite's Cash Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Nouveau Monde Graphite ranks #930 out of 2574 companies for Cash Ratio. This puts Nouveau Monde Graphite in the upper half of its industry. The industry median Cash Ratio is 1.87. Nouveau Monde Graphite's value of 4.03 is 116.1% above this benchmark. Historically, Nouveau Monde Graphite's own Cash Ratio has ranged from 0.06 to 7.68 over the past decade. While the company's 10-year median is 1.72 vs. the industry median of 1.87, Nouveau Monde Graphite 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 1.87, based on 2,574 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. Nouveau Monde Graphite's current Cash Ratio of 4.03 is 116.1% 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 Nouveau Monde Graphite and its competitors. For the Metals & Mining industry, the median Cash Ratio is 1.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nouveau Monde Graphite's current Cash Ratio is 4.03, which is 134% above median its own 10-year median of 1.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nouveau Monde Graphite stock overvalued right now?
Nouveau Monde Graphite (NMG) has a current Cash Ratio of 4.03. The current Cash Ratio is 4.03, which is 134% above median its 10-year median of 1.72 and 116.1% above the Metals & Mining industry median of 1.87. Nouveau Monde Graphite's overall GF Score™ is 25/100 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 Nouveau Monde Graphite (NMG), the current Cash Ratio is 4.03 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.
Nouveau Monde Graphite Inc is a mineral exploration company. The company specializes in the exploration, evaluation, and development of mineral properties located in Quebec and is developing a natural graphite-based anode material that would qualify as battery-grade material to supply the lithium-ion industry. The Company currently operates in two segments: the Mining projects (which includes the Matawinie Mine project and the Uatnan Mining Project) and the Battery Material Plant project.
25GF Score
Get the complete analysis for NMG
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
NMG has been successfully added to your 
