Alma Metals (ASX:ALM) Quick Ratio: 6.35 (As of Dec. 2025) — 60% Below Median


What is Alma Metals Quick Ratio?

Alma Metals ASX:ALM -3.57% Quick Ratio is 6.35 as of Dec. 2025, which is 60% below its 10-year median of 15.80. The stock has 2 warning signs investors should review. Among 2,638 Metals & Mining companies, Alma Metals ranks better than 71.3% 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. Alma Metals's quick ratio for the quarter that ended in Dec. 2025 was 6.35.

Alma Metals has a quick ratio of 6.35. It generally indicates good short-term financial strength.

The historical rank and industry rank for Alma Metals's Quick Ratio or its related term are showing as below:

ASX:ALM' s Quick Ratio Range Over the Past 10 Years
Min: 1.93   Med: 15.8   Max: 79.68
Current: 6.35

During the past 13 years, Alma Metals's highest Quick Ratio was 79.68. The lowest was 1.93. And the median was 15.80.

ASX:ALM's Quick Ratio is ranked better than
71.3% of 2638 companies
in the Metals & Mining industry
Industry Median: 2.32 vs ASX:ALM: 6.35

Alma Metals  (ASX:ALM) 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.


Alma Metals Quick Ratio Related Terms


Alma Metals Quick Ratio Historical Data

* Premium members only.

The historical data trend for Alma Metals'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.

Alma Metals Quick Ratio Chart

Alma Metals Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 79.68 15.65 10.72 6.69 1.93

Alma Metals Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Quick 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 2.51 6.69 4.74 1.93 6.35

ASX:ALM vs SCCO, FCX: Quick Ratio Comparison

For the Copper subindustry, Alma Metals'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.


Alma Metals Quick Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Alma Metals's Quick Ratio falls into.



Alma Metals Quick Ratio Calculation

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.

Alma Metals's Quick Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Quick Ratio (A: Jun. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1.082-0)/0.56
=1.93

Alma Metals's Quick Ratio for the quarter that ended in Dec. 2025 is calculated as

Quick Ratio (Q: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(2.985-0)/0.47
=6.35

* 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 Quick Ratio →
What does a Quick Ratio of 6.35 mean?
Alma Metals (ASX:ALM) has a Quick Ratio of 6.35 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Alma Metals and its competitors. This is 60% below median its historical median of 15.80. Over the past decade, Alma Metals' Quick Ratio has ranged from 1.93 to 79.68. According to the industry distribution chart, Alma Metals ranks #757 out of 2638 companies in the Metals & Mining industry, placing it in the top 28.7%.
Is Alma Metals' Quick Ratio too high?
Alma Metals' current Quick Ratio of 6.35 is 60% below median its 10-year median of 15.80. Over the past 10 years, this metric has ranged from a low of 1.93 to a high of 79.68. The Metals & Mining industry median Quick Ratio is 2.32. Alma Metals' value of 6.35 is 173.7% above this industry median. Based on the distribution chart, Alma Metals ranks #757 out of 2638 companies in the Metals & Mining industry, which is above the industry midpoint.
How does Alma Metals' Quick Ratio compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Alma Metals ranks #757 out of 2638 companies for Quick Ratio. This puts Alma Metals in the upper half of its industry. The industry median Quick Ratio is 2.32. Alma Metals' value of 6.35 is 173.7% above this benchmark. Historically, Alma Metals' own Quick Ratio has ranged from 1.93 to 79.68 over the past decade. While the company's 10-year median is 15.80 vs. the industry median of 2.32, Alma Metals 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 Metals & Mining company?
The median Quick Ratio among Metals & Mining companies is 2.32, based on 2,638 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. Alma Metals's current Quick Ratio of 6.35 is 173.7% 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 Alma Metals and its competitors. For the Metals & Mining industry, the median Quick Ratio is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alma Metals's current Quick Ratio is 6.35, which is 60% below median its own 10-year median of 15.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alma Metals stock overvalued right now?
Alma Metals (ASX:ALM) has a current Quick Ratio of 6.35. The current Quick Ratio is 6.35, which is 60% below median its 10-year median of 15.80 and 173.7% above the Metals & Mining industry median of 2.32. 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 Alma Metals (ASX:ALM), the current Quick Ratio is 6.35 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.

Alma Metals Business Description

Other Exchanges BP60:Germany
Address 245 Churchill Avenue, Suite 1, Subiaco, Perth, WA, AUS, 6008
Alma Metals Ltd is an Australian mineral exploration company focused on copper and copper-gold projects. The company's key assets include the Briggs Copper Project in Queensland and the East Kimberley Copper Project in Western Australia. Alma Metals aims to expand these resources to meet the growing demand from various countries for copper, driven largely by the transition to clean energy and electrification.