Aspire MiningASX:AKM +2.33%35 Quick Ratio is 12.95 as of Dec. 2025, which is 63% below its 10-year median of 34.84. GuruFocus rates ASX:AKM with a GF Score™ of 35/100. The stock has 2 warning signs investors should review. Among 636 Steel companies, Aspire Mining ranks better than 96.54% on this metric.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Aspire Mining's quick ratio for the quarter that ended in Dec. 2025 was 12.95.
Aspire Mining has a quick ratio of 12.95. It generally indicates good short-term financial strength.
The historical rank and industry rank for Aspire Mining's Quick Ratio or its related term are showing as below:
ASX:AKM'
s Quick Ratio Range Over the Past 10 Years
Min: 0.05 Med: 34.84 Max: 240.31
Current: 12.95
During the past 13 years, Aspire Mining's highest Quick Ratio was 240.31. The lowest was 0.05. And the median was 34.84.
ASX:AKM's Quick Ratio is ranked better than 96.54% of 636
companies
in the Steel industry
Industry Median: 1.02
vs ASX:AKM: 12.95
Aspire Mining (ASX:AKM) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Aspire Mining Quick Ratio Related Terms
Aspire Mining Quick Ratio Historical Data
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The historical data trend for Aspire Mining's Quick 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.
For the Coking Coal subindustry, Aspire Mining's Quick Ratio, along with its competitors' market caps and Quick 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.
Aspire Mining Quick Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Aspire Mining's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Aspire Mining's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Aspire Mining's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Aspire Mining (ASX:AKM) has a Quick Ratio of 12.95 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Aspire Mining and its competitors. This is 63% below median its historical median of 34.84. Over the past decade, Aspire Mining's Quick Ratio has ranged from 0.05 to 240.31. According to the industry distribution chart, Aspire Mining ranks #22 out of 636 companies in the Steel industry, placing it in the top 3.5%.
Is Aspire Mining's Quick Ratio too high?
Aspire Mining's current Quick Ratio of 12.95 is 63% below median its 10-year median of 34.84. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 240.31. The Steel industry median Quick Ratio is 1.02. Aspire Mining's value of 12.95 is 1169.6% above this industry median. Based on the distribution chart, Aspire Mining ranks #22 out of 636 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Aspire Mining has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Aspire Mining's Quick Ratio compare to HCC and AMR?
According to the Steel industry distribution chart, Aspire Mining ranks #22 out of 636 companies for Quick Ratio. This places Aspire Mining in the top 4% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.02. Aspire Mining's value of 12.95 is 1169.6% above this benchmark. Historically, Aspire Mining's own Quick Ratio has ranged from 0.05 to 240.31 over the past decade. While the company's 10-year median is 34.84 vs. the industry median of 1.02, Aspire Mining 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 Quick Ratio for a Steel company?
The median Quick Ratio among Steel companies is 1.02, based on 636 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aspire Mining's current Quick Ratio of 12.95 is 1169.6% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Aspire Mining and its competitors. For the Steel industry, the median Quick Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aspire Mining's current Quick Ratio is 12.95, which is 63% below median its own 10-year median of 34.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aspire Mining stock overvalued right now?
Aspire Mining (ASX:AKM) has a current Quick Ratio of 12.95. The current Quick Ratio is 12.95, which is 63% below median its 10-year median of 34.84 and 1169.6% above the Steel industry median of 1.02. Aspire Mining's overall GF Score™ is 35/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Aspire Mining (ASX:AKM), the current Quick Ratio is 12.95 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.
Aspire Mining Ltd is a mineral exploration and development company. It is principally engaged in the progression of studies, permits, exploration of mining projects in Mongolia, and obtaining approvals to advance the development of the Ovoot Coking Coal Project (Ovoot Project or Ovoot). It also holds the Nuurstei coking coal project. The company's geographical segments include Australia which generates key revenue, followed by Mongolia.
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