Advance MetalsASX:AVM -3.13% Quick Ratio is 11.41 as of Dec. 2025, which is 25% above its 10-year median of 9.13. The stock has 1 warning sign investors should review. Among 639 Steel companies, Advance Metals ranks better than 95.93% 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. Advance Metals's quick ratio for the quarter that ended in Dec. 2025 was 11.41.
Advance Metals has a quick ratio of 11.41. It generally indicates good short-term financial strength.
The historical rank and industry rank for Advance Metals's Quick Ratio or its related term are showing as below:
ASX:AVM'
s Quick Ratio Range Over the Past 10 Years
Min: 2.23 Med: 9.13 Max: 13.3
Current: 11.41
During the past 13 years, Advance Metals's highest Quick Ratio was 13.30. The lowest was 2.23. And the median was 9.13.
ASX:AVM's Quick Ratio is ranked better than 95.93% of 639
companies
in the Steel industry
Industry Median: 1.02
vs ASX:AVM: 11.41
Advance Metals (ASX:AVM) 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.
Advance Metals Quick Ratio Related Terms
Advance Metals Quick Ratio Historical Data
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The historical data trend for Advance 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.
For the Coking Coal subindustry, Advance 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.
Advance Metals Quick Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Advance Metals's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Advance Metals'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.
Advance Metals'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.
Advance Metals (ASX:AVM) has a Quick Ratio of 11.41 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Advance Metals and its competitors. This is 25% above median its historical median of 9.13. Over the past decade, Advance Metals' Quick Ratio has ranged from 2.23 to 13.30. According to the industry distribution chart, Advance Metals ranks #26 out of 639 companies in the Steel industry, placing it in the top 4.1%.
Is Advance Metals' Quick Ratio too high?
Advance Metals' current Quick Ratio of 11.41 is 25% above median its 10-year median of 9.13. Over the past 10 years, this metric has ranged from a low of 2.23 to a high of 13.30. The Steel industry median Quick Ratio is 1.02. Advance Metals' value of 11.41 is 1018.6% above this industry median. Based on the distribution chart, Advance Metals ranks #26 out of 639 companies in the Steel industry, which is in the top quartile — a strong position relative to peers.
How does Advance Metals' Quick Ratio compare to HCC and AMR?
According to the Steel industry distribution chart, Advance Metals ranks #26 out of 639 companies for Quick Ratio. This places Advance Metals in the top 4% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.02. Advance Metals' value of 11.41 is 1018.6% above this benchmark. Historically, Advance Metals' own Quick Ratio has ranged from 2.23 to 13.30 over the past decade. While the company's 10-year median is 9.13 vs. the industry median of 1.02, Advance 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 Steel company?
The median Quick Ratio among Steel companies is 1.02, based on 639 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. Advance Metals's current Quick Ratio of 11.41 is 1018.6% 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 Advance Metals 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. Advance Metals's current Quick Ratio is 11.41, which is 25% above median its own 10-year median of 9.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advance Metals stock overvalued right now?
Advance Metals (ASX:AVM) has a current Quick Ratio of 11.41. The current Quick Ratio is 11.41, which is 25% above median its 10-year median of 9.13 and 1018.6% above the Steel industry median of 1.02. 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 Advance Metals (ASX:AVM), the current Quick Ratio is 11.41 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.
Advance Metals Ltd is a Australia-based mineral exploration company engaged in investment in renewable energy and coal exploration. It holds coal licenses for exploration in the coking coal regions of Kootenay in British Columbia and applications for exploration licenses in the metallurgical coal region of the Arkoma Basin in Oklahoma. The Group has only two reportable segments, being the geographic location of assets in Canada and Australia. The company plans to develop a portfolio of projects that support the green economy through the discovery and delivery of commodities that promote electrification and decarbonization.
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