Alliance NickelASX:AXN -3.23% Quick Ratio is 0.22 as of Dec. 2025, which is 94% below its 10-year median of 3.40. The stock has 3 warning signs investors should review. Among 2,638 Metals & Mining companies, Alliance Nickel ranks worse than 89.12% 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. Alliance Nickel's quick ratio for the quarter that ended in Dec. 2025 was 0.22.
Alliance Nickel has a quick ratio of 0.22. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Alliance Nickel's Quick Ratio or its related term are showing as below:
ASX:AXN'
s Quick Ratio Range Over the Past 10 Years
Min: 0.22 Med: 3.4 Max: 11.85
Current: 0.22
During the past 13 years, Alliance Nickel's highest Quick Ratio was 11.85. The lowest was 0.22. And the median was 3.40.
ASX:AXN's Quick Ratio is ranked worse than 89.12% of 2638
companies
in the Metals & Mining industry
Industry Median: 2.32
vs ASX:AXN: 0.22
Alliance Nickel (ASX:AXN) 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.
Alliance Nickel Quick Ratio Related Terms
Alliance Nickel Quick Ratio Historical Data
* Premium members only.
The historical data trend for Alliance Nickel'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 Other Industrial Metals & Mining subindustry, Alliance Nickel'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.
Alliance Nickel Quick Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Alliance Nickel's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Alliance Nickel'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.
Alliance Nickel's Quick Ratio for the fiscal year that ended in Jun. 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.
Alliance Nickel (ASX:AXN) has a Quick Ratio of 0.22 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Alliance Nickel and its competitors. This is 94% below median its historical median of 3.40. Over the past decade, Alliance Nickel's Quick Ratio has ranged from 0.22 to 11.85. According to the industry distribution chart, Alliance Nickel ranks #2351 out of 2638 companies in the Metals & Mining industry, placing it in the top 89.1%.
Is Alliance Nickel's Quick Ratio too high?
Alliance Nickel's current Quick Ratio of 0.22 is 94% below median its 10-year median of 3.40. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 11.85. The Metals & Mining industry median Quick Ratio is 2.32. Alliance Nickel's value of 0.22 is 90.5% below this industry median. Based on the distribution chart, Alliance Nickel ranks #2351 out of 2638 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Alliance Nickel's Quick Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Alliance Nickel ranks #2351 out of 2638 companies for Quick Ratio. This places Alliance Nickel in the lower half of its industry. The industry median Quick Ratio is 2.32. Alliance Nickel's value of 0.22 is 90.5% below this benchmark. Historically, Alliance Nickel's own Quick Ratio has ranged from 0.22 to 11.85 over the past decade. While the company's 10-year median is 3.40 vs. the industry median of 2.32, Alliance Nickel has consistently been below 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. Alliance Nickel's current Quick Ratio of 0.22 is 90.5% below 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 Alliance Nickel 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. Alliance Nickel's current Quick Ratio is 0.22, which is 94% below median its own 10-year median of 3.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alliance Nickel stock overvalued right now?
Alliance Nickel (ASX:AXN) has a current Quick Ratio of 0.22. The current Quick Ratio is 0.22, which is 94% below median its 10-year median of 3.40 and 90.5% below 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 Alliance Nickel (ASX:AXN), the current Quick Ratio is 0.22 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.
Alliance Nickel Ltd is an exploration and development company with nickel, cobalt, and gold interests in Western Australia. Alliance's principal asset is its wholly owned NiWest Nickel Cobalt Project situated adjacent to Glencore's Murrin Murrin Operations. The company has completed a Pre-Feasibility Study, which has confirmed the technical and economic viability of a heap leach and direct solvent extraction operation at undeveloped nickel/cobalt deposits in Australia.
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