SPCNF (SPC Nickel) Cash Ratio: 4.16 (As of May. 2026) — 18% Below Median

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What is SPC Nickel Cash Ratio?

SPC Nickel SPCNF -8.11% Cash Ratio is 4.16 as of May. 2026, which is 18% below its 10-year median of 5.05. Among 2,572 Metals & Mining companies, SPC Nickel ranks better than 65.51% 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. SPC Nickel's Cash Ratio for the quarter that ended in May. 2026 was 4.16.

SPC Nickel has a Cash Ratio of 4.16. 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 SPC Nickel's Cash Ratio or its related term are showing as below:

SPCNF' s Cash Ratio Range Over the Past 10 Years
Min: 2.05   Med: 5.05   Max: 15.12
Current: 4.16

During the past 6 years, SPC Nickel's highest Cash Ratio was 15.12. The lowest was 2.05. And the median was 5.05.

SPCNF's Cash Ratio is ranked better than
65.51% of 2572 companies
in the Metals & Mining industry
Industry Median: 1.84 vs SPCNF: 4.16

SPC Nickel  (OTCPK:SPCNF) 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.


SPC Nickel Cash Ratio Related Terms


SPC Nickel Cash Ratio Historical Data

* Premium members only.

The historical data trend for SPC Nickel'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.

SPC Nickel Cash Ratio Chart

SPC Nickel Annual Data
Trend Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Cash Ratio
Get a 7-Day Free Trial 4.50 12.29 2.59 4.07 2.84

SPC Nickel Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 3.42 2.84 5.32 9.02 4.16

SPC Nickel Cash Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, SPC Nickel'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.


SPC Nickel Cash Ratio vs Metals & Mining Industry

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

* The bar in red indicates where SPC Nickel's Cash Ratio falls into.



SPC Nickel Cash Ratio Calculation

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

SPC Nickel's Cash Ratio for the fiscal year that ended in Aug. 2025 is calculated as:

Cash Ratio (A: Aug. 2025 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=2.033/0.715
=2.84

SPC Nickel's Cash Ratio for the quarter that ended in May. 2026 is calculated as:

Cash Ratio (Q: May. 2026 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=4.001/0.962
=4.16

* 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 4.16 mean?
SPC Nickel (SPCNF) has a Cash Ratio of 4.16 as of May. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on SPC Nickel and its competitors. This is 18% below median its historical median of 5.05. Over the past decade, SPC Nickel's Cash Ratio has ranged from 2.05 to 15.12. According to the industry distribution chart, SPC Nickel ranks #887 out of 2572 companies in the Metals & Mining industry, placing it in the top 34.5%.
Is SPC Nickel's Cash Ratio too high?
SPC Nickel's current Cash Ratio of 4.16 is 18% below median its 10-year median of 5.05. Over the past 10 years, this metric has ranged from a low of 2.05 to a high of 15.12. The Metals & Mining industry median Cash Ratio is 1.84. SPC Nickel's value of 4.16 is 126.1% above this industry median. Based on the distribution chart, SPC Nickel ranks #887 out of 2572 companies in the Metals & Mining industry, which is above the industry midpoint.
How does SPC Nickel's Cash Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, SPC Nickel ranks #887 out of 2572 companies for Cash Ratio. This puts SPC Nickel in the upper half of its industry. The industry median Cash Ratio is 1.84. SPC Nickel's value of 4.16 is 126.1% above this benchmark. Historically, SPC Nickel's own Cash Ratio has ranged from 2.05 to 15.12 over the past decade. While the company's 10-year median is 5.05 vs. the industry median of 1.84, SPC Nickel 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 1.84, based on 2,572 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. SPC Nickel's current Cash Ratio of 4.16 is 126.1% 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 SPC Nickel and its competitors. For the Metals & Mining industry, the median Cash Ratio is 1.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPC Nickel's current Cash Ratio is 4.16, which is 18% below median its own 10-year median of 5.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPC Nickel stock overvalued right now?
SPC Nickel (SPCNF) has a current Cash Ratio of 4.16. The current Cash Ratio is 4.16, which is 18% below median its 10-year median of 5.05 and 126.1% above the Metals & Mining industry median of 1.84. 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 SPC Nickel (SPCNF), the current Cash Ratio is 4.16 as of May. 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.

SPC Nickel Business Description

Other Exchanges 06E:GermanySPC:Canada
Address 1351C Kelly Lake Road, Unit 9, Sudbury, ON, CAN, P3E 5P5
SPC Nickel Corp is a junior mining exploration company engaged in the acquisition, exploration, and development of mineral properties located in Canada. The company is focused on exploring for high-grade polymetallic Cu-Ni-PGM mineralization in Nunavut and within the world-class Sudbury Mining Camp. It is currently exploring its district-scale polymetallic Muskox Project in Nunavut. Its projects include the Muskox Project, Nunavut, Canada; the Lockerby East Property, Ontario, Canada; the Owen Nickel Property; the Janes Property; and the Aer-Kidd Project, Ontario, Canada.