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Future Mineral ResourcesTSX:FMR 28 Cash Ratio is 2.51 as of Apr. 2026, which is 78% below its 10-year median of 11.67. GuruFocus rates TSX:FMR with a GF Score™ of 28/100. The stock has 2 warning signs investors should review. Among 2,572 Metals & Mining companies, Future Mineral Resources ranks better than 54.86% on this metric.
Future Mineral Resources has a Cash Ratio of 2.51. 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 Future Mineral Resources's Cash Ratio or its related term are showing as below:
TSX:FMR'
s Cash Ratio Range Over the Past 10 Years
Min: 0.25 Med: 11.67 Max: 67.31
Current: 2.51
During the past 12 years, Future Mineral Resources's highest Cash Ratio was 67.31. The lowest was 0.25. And the median was 11.67.
TSX:FMR's Cash Ratio is ranked better than 54.86% of 2572
companies
in the Metals & Mining industry
Industry Median: 1.835
vs TSX:FMR: 2.51
Future Mineral Resources (TSX:FMR) 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.
Future Mineral Resources Cash Ratio Related Terms
Future Mineral Resources Cash Ratio Historical Data
* 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.
Future Mineral Resources Cash Ratio Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Future Mineral Resources'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.
Future Mineral Resources Cash Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Future Mineral Resources's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Future Mineral Resources'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.
Future Mineral Resources (TSX:FMR) has a Cash Ratio of 2.51 as of Apr. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Future Mineral Resources and its competitors. This is 78% below median its historical median of 11.67. Over the past decade, Future Mineral Resources' Cash Ratio has ranged from 0.25 to 67.31. According to the industry distribution chart, Future Mineral Resources ranks #1161 out of 2572 companies in the Metals & Mining industry, placing it in the top 45.1%.
Is Future Mineral Resources' Cash Ratio too high?
Future Mineral Resources' current Cash Ratio of 2.51 is 78% below median its 10-year median of 11.67. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 67.31. The Metals & Mining industry median Cash Ratio is 1.84. Future Mineral Resources' value of 2.51 is 36.8% above this industry median. Based on the distribution chart, Future Mineral Resources ranks #1161 out of 2572 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Future Mineral Resources has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Future Mineral Resources' Cash Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Future Mineral Resources ranks #1161 out of 2572 companies for Cash Ratio. This puts Future Mineral Resources in the upper half of its industry. The industry median Cash Ratio is 1.84. Future Mineral Resources' value of 2.51 is 36.8% above this benchmark. Historically, Future Mineral Resources' own Cash Ratio has ranged from 0.25 to 67.31 over the past decade. While the company's 10-year median is 11.67 vs. the industry median of 1.84, Future Mineral Resources 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. Future Mineral Resources's current Cash Ratio of 2.51 is 36.8% 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 Future Mineral Resources 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. Future Mineral Resources's current Cash Ratio is 2.51, which is 78% below median its own 10-year median of 11.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Future Mineral Resources stock overvalued right now?
Future Mineral Resources (TSX:FMR) has a current Cash Ratio of 2.51. The current Cash Ratio is 2.51, which is 78% below median its 10-year median of 11.67 and 36.8% above the Metals & Mining industry median of 1.84. Future Mineral Resources' overall GF Score™ is 28/100 with 2 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 Future Mineral Resources (TSX:FMR), the current Cash Ratio is 2.51 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.
Future Mineral Resources Inc. is focused on acquisitions and the development of brownfield, development-stage, and early production-stage mining projects in the Americas, Africa, Europe, and Australia. It invests its excess cash to maintain its capital for the acquisition of mining projects. Its main precious metals project is the East Sullivan Property in Quebec, Canada, and its main uranium projects are the Otish Property in Quebec, Canada, and the Orange Creek Property in the Northern Territory of Australia.
28GF Score
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