Andean SilverASX:ASL -3.77%39 Quick Ratio is 10.96 as of Dec. 2025, which is at its 10-year median of 10.96. GuruFocus rates ASX:ASL with a GF Score™ of 39/100. The stock has 2 warning signs investors should review. Among 2,638 Metals & Mining companies, Andean Silver ranks better than 80.21% 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. Andean Silver's quick ratio for the quarter that ended in Dec. 2025 was 10.96.
Andean Silver has a quick ratio of 10.96. It generally indicates good short-term financial strength.
The historical rank and industry rank for Andean Silver's Quick Ratio or its related term are showing as below:
ASX:ASL'
s Quick Ratio Range Over the Past 10 Years
Min: 2.99 Med: 10.96 Max: 53.35
Current: 10.96
During the past 3 years, Andean Silver's highest Quick Ratio was 53.35. The lowest was 2.99. And the median was 10.96.
ASX:ASL's Quick Ratio is ranked better than 80.21% of 2638
companies
in the Metals & Mining industry
Industry Median: 2.32
vs ASX:ASL: 10.96
Andean Silver (ASX:ASL) 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.
Andean Silver Quick Ratio Related Terms
Andean Silver Quick Ratio Historical Data
* Premium members only.
The historical data trend for Andean Silver'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 Gold subindustry, Andean Silver'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.
Andean Silver Quick Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Andean Silver's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Andean Silver'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.
Andean Silver's Quick Ratio for the fiscal year that ended in Jun. 2024 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.
Andean Silver (ASX:ASL) has a Quick Ratio of 10.96 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Andean Silver and its competitors. This is near median its historical median of 10.96. Over the past decade, Andean Silver's Quick Ratio has ranged from 2.99 to 53.35. According to the industry distribution chart, Andean Silver ranks #522 out of 2638 companies in the Metals & Mining industry, placing it in the top 19.8%.
Is Andean Silver's Quick Ratio too high?
Andean Silver's current Quick Ratio of 10.96 is near median its 10-year median of 10.96. Over the past 10 years, this metric has ranged from a low of 2.99 to a high of 53.35. The Metals & Mining industry median Quick Ratio is 2.32. Andean Silver's value of 10.96 is 372.4% above this industry median. Based on the distribution chart, Andean Silver ranks #522 out of 2638 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Andean Silver has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Andean Silver's Quick Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Andean Silver ranks #522 out of 2638 companies for Quick Ratio. This places Andean Silver in the top 20% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 2.32. Andean Silver's value of 10.96 is 372.4% above this benchmark. Historically, Andean Silver's own Quick Ratio has ranged from 2.99 to 53.35 over the past decade. While the company's 10-year median is 10.96 vs. the industry median of 2.32, Andean Silver 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. Andean Silver's current Quick Ratio of 10.96 is 372.4% 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 Andean Silver 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. Andean Silver's current Quick Ratio is 10.96, which is near median its own 10-year median of 10.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Andean Silver stock overvalued right now?
Andean Silver (ASX:ASL) has a current Quick Ratio of 10.96. The current Quick Ratio is 10.96, which is near median its 10-year median of 10.96 and 372.4% above the Metals & Mining industry median of 2.32. Andean Silver's overall GF Score™ is 39/100 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 Andean Silver (ASX:ASL), the current Quick Ratio is 10.96 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.
Andean Silver Ltd is a mineral exploration and development company focused on advancing its own Cerro Bayo Silver-Gold project located in the Aysen region of Southern Chile. The project covers a large area with inferred silver and gold mineral resources. The company conducts exploration and development activities aimed at progressing the Cerro Bayo project toward production. It is organised into two segments: (a) Chile (Gold and Silver), (b) Australia (Lithium and Rare Earth minerals. The company is generating income predominantly through interest income.
39GF Score
Get the complete analysis for ASX:ASL
Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:ASL has been successfully added to your 
