Mantle Minerals (ASX:MTL) Current Ratio: 18.07 (As of Dec. 2025) — 1528% Above Median


What is Mantle Minerals Current Ratio?

Mantle Minerals ASX:MTL Current Ratio is 18.07 as of Dec. 2025, which is 1528% above its 10-year median of 1.11. The stock has 4 warning signs investors should review. Among 2,637 Metals & Mining companies, Mantle Minerals ranks better than 87.26% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Mantle Minerals's current ratio for the quarter that ended in Dec. 2025 was 18.07.

Mantle Minerals has a current ratio of 18.07. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.

The historical rank and industry rank for Mantle Minerals's Current Ratio or its related term are showing as below:

ASX:MTL' s Current Ratio Range Over the Past 10 Years
Min: 0.05   Med: 1.11   Max: 18.07
Current: 18.07

During the past 13 years, Mantle Minerals's highest Current Ratio was 18.07. The lowest was 0.05. And the median was 1.11.

ASX:MTL's Current Ratio is ranked better than
87.26% of 2637 companies
in the Metals & Mining industry
Industry Median: 2.64 vs ASX:MTL: 18.07

Mantle Minerals  (ASX:MTL) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Mantle Minerals Current Ratio Related Terms


Mantle Minerals Current Ratio Historical Data

* Premium members only.

The historical data trend for Mantle Minerals's Current 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.

Mantle Minerals Current Ratio Chart

Mantle Minerals Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.12 2.82 6.33 1.00 0.05

Mantle Minerals Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Current 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 2.00 1.00 0.24 0.05 18.07

Mantle Minerals Current Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Mantle Minerals's Current Ratio, along with its competitors' market caps and Current 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.


Mantle Minerals Current Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Mantle Minerals's Current Ratio distribution charts can be found below:

* The bar in red indicates where Mantle Minerals's Current Ratio falls into.



Mantle Minerals Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Mantle Minerals's Current Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Current Ratio (A: Jun. 2025 )=Total Current Assets (A: Jun. 2025 )/Total Current Liabilities (A: Jun. 2025 )
=0.062/1.278
=0.05

Mantle Minerals's Current Ratio for the quarter that ended in Dec. 2025 is calculated as

Current Ratio (Q: Dec. 2025 )=Total Current Assets (Q: Dec. 2025 )/Total Current Liabilities (Q: Dec. 2025 )
=5.799/0.321
=18.07

* 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 Current Ratio →
What does a Current Ratio of 18.07 mean?
Mantle Minerals (ASX:MTL) has a Current Ratio of 18.07 as of Dec. 2025. This is 1528% above median its historical median of 1.11. Over the past decade, Mantle Minerals' Current Ratio has ranged from 0.05 to 18.07. According to the industry distribution chart, Mantle Minerals ranks #336 out of 2637 companies in the Metals & Mining industry, placing it in the top 12.7%.
Is Mantle Minerals' Current Ratio too high?
Mantle Minerals' current Current Ratio of 18.07 is 1528% above median its 10-year median of 1.11. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 18.07. The Metals & Mining industry median Current Ratio is 2.64. Mantle Minerals' value of 18.07 is 584.5% above this industry median. Based on the distribution chart, Mantle Minerals ranks #336 out of 2637 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does Mantle Minerals' Current Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Mantle Minerals ranks #336 out of 2637 companies for Current Ratio. This places Mantle Minerals in the top 13% of its industry — outperforming the majority of peers. The industry median Current Ratio is 2.64. Mantle Minerals' value of 18.07 is 584.5% above this benchmark. Historically, Mantle Minerals' own Current Ratio has ranged from 0.05 to 18.07 over the past decade. While the company's 10-year median is 1.11 vs. the industry median of 2.64, Mantle Minerals 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 Current Ratio for a Metals & Mining company?
The median Current Ratio among Metals & Mining companies is 2.64, based on 2,637 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mantle Minerals's current Current Ratio of 18.07 is 584.5% 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Metals & Mining industry, the median Current Ratio is 2.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mantle Minerals's current Current Ratio is 18.07, which is 1528% above median its own 10-year median of 1.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mantle Minerals stock overvalued right now?
Mantle Minerals (ASX:MTL) has a current Current Ratio of 18.07. The current Current Ratio is 18.07, which is 1528% above median its 10-year median of 1.11 and 584.5% above the Metals & Mining industry median of 2.64. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Mantle Minerals (ASX:MTL), the current Current Ratio is 18.07 as of Dec. 2025. 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.

Mantle Minerals Business Description

Other Exchanges MXB0:Germany
Address 168 Stirling Highway, Ground Floor, Nedlands, Perth, WA, AUS, 6009
Mantle Minerals Ltd is a mineral exploration and development company. The company focuses on acquiring and advancing projects involving gold, nickel, lithium, and platinum group metals. Its key projects include exploration tenements in the Pilbara region of Western Australia, such as the Roberts Hill, Mt Berghaus, Yule River, and Pardoo projects. The company concentrates its activities on exploring and developing mineral assets in selected regions. It operates in two principal geographical areas: Australia and the United States of America.