Ragusa Minerals (ASX:RAS) Current Ratio: 3.55 (As of Dec. 2025) — Near Median


What is Ragusa Minerals Current Ratio?

Ragusa Minerals ASX:RAS Current Ratio is 3.55 as of Dec. 2025, which is 3% above its 10-year median of 3.46. The stock has 2 warning signs investors should review. Among 2,638 Metals & Mining companies, Ragusa Minerals ranks better than 57.58% 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. Ragusa Minerals's current ratio for the quarter that ended in Dec. 2025 was 3.55.

Ragusa Minerals has a current ratio of 3.55. 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 Ragusa Minerals's Current Ratio or its related term are showing as below:

ASX:RAS' s Current Ratio Range Over the Past 10 Years
Min: 0.07   Med: 3.46   Max: 79.48
Current: 3.55

During the past 13 years, Ragusa Minerals's highest Current Ratio was 79.48. The lowest was 0.07. And the median was 3.46.

ASX:RAS's Current Ratio is ranked better than
57.58% of 2638 companies
in the Metals & Mining industry
Industry Median: 2.64 vs ASX:RAS: 3.55

Ragusa Minerals  (ASX:RAS) 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.


Ragusa Minerals Current Ratio Related Terms


Ragusa Minerals Current Ratio Historical Data

* Premium members only.

The historical data trend for Ragusa 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.

Ragusa Minerals Current Ratio Chart

Ragusa 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 60.34 29.30 5.35 5.90 0.73

Ragusa 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 15.15 5.90 2.49 0.73 3.55

ASX:RAS vs NEM, AU: Current Ratio Comparison

For the Gold subindustry, Ragusa 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.


Ragusa Minerals Current Ratio vs Metals & Mining Industry

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

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



Ragusa 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.

Ragusa 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 )
=0.179/0.245
=0.73

Ragusa 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 )
=0.437/0.123
=3.55

* 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 3.55 mean?
Ragusa Minerals (ASX:RAS) has a Current Ratio of 3.55 as of Dec. 2025. This is near median its historical median of 3.46. Over the past decade, Ragusa Minerals' Current Ratio has ranged from 0.07 to 79.48. According to the industry distribution chart, Ragusa Minerals ranks #1119 out of 2638 companies in the Metals & Mining industry, placing it in the top 42.4%.
Is Ragusa Minerals' Current Ratio too high?
Ragusa Minerals' current Current Ratio of 3.55 is near median its 10-year median of 3.46. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 79.48. The Metals & Mining industry median Current Ratio is 2.64. Ragusa Minerals' value of 3.55 is 34.5% above this industry median. Based on the distribution chart, Ragusa Minerals ranks #1119 out of 2638 companies in the Metals & Mining industry, which is above the industry midpoint.
How does Ragusa Minerals' Current Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Ragusa Minerals ranks #1119 out of 2638 companies for Current Ratio. This puts Ragusa Minerals in the upper half of its industry. The industry median Current Ratio is 2.64. Ragusa Minerals' value of 3.55 is 34.5% above this benchmark. Historically, Ragusa Minerals' own Current Ratio has ranged from 0.07 to 79.48 over the past decade. While the company's 10-year median is 3.46 vs. the industry median of 2.64, Ragusa 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 2,638 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. Ragusa Minerals's current Current Ratio of 3.55 is 34.5% 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. Ragusa Minerals's current Current Ratio is 3.55, which is near median its own 10-year median of 3.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ragusa Minerals stock overvalued right now?
Ragusa Minerals (ASX:RAS) has a current Current Ratio of 3.55. The current Current Ratio is 3.55, which is near median its 10-year median of 3.46 and 34.5% 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 Ragusa Minerals (ASX:RAS), the current Current Ratio is 3.55 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.

Ragusa Minerals Business Description

Address 22 Mount Street, Level 2, Perth, WA, AUS, 6000
Ragusa Minerals Ltd is an Australian firm engaged in the business of exploring and identifying gold deposits. The company is focused on developing the Lonely Mine Gold Project. It is a gold mine project based in Zimbabwe and made up of four granted tenements. The company's project includes the Lonely Mine gold project, the Monte Cristo gold project, and the Burracoppin Halloysite & Lithium projects.