Bathurst Resources (ASX:BRL) Quick Ratio: 3.56 (As of Dec. 2025) — 204% Above Median


ASX:BRL Bathurst Resources Ltd ASX:BRL
38 GF Score
Price A$0.49
GF Value A$0.51
Valuation Fairly Valued
! 2 Warning Signs
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What is Bathurst Resources Quick Ratio?

Bathurst Resources ASX:BRL -2.97% 38 Quick Ratio is 3.56 as of Dec. 2025, which is 204% above its 10-year median of 1.17. GuruFocus rates ASX:BRL with a GF Score™ of 38/100 and a GF Value™ of A$0.51 (Fairly Valued). The stock has 2 warning signs investors should review. Among 638 Steel companies, Bathurst Resources ranks better than 85.11% 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. Bathurst Resources's quick ratio for the quarter that ended in Dec. 2025 was 3.56.

Bathurst Resources has a quick ratio of 3.56. It generally indicates good short-term financial strength.

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

ASX:BRL' s Quick Ratio Range Over the Past 10 Years
Min: 0.13   Med: 1.17   Max: 5.04
Current: 3.56

During the past 13 years, Bathurst Resources's highest Quick Ratio was 5.04. The lowest was 0.13. And the median was 1.17.

ASX:BRL's Quick Ratio is ranked better than
85.11% of 638 companies
in the Steel industry
Industry Median: 1.02 vs ASX:BRL: 3.56

Bathurst Resources  (ASX:BRL) 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.


Bathurst Resources Quick Ratio Related Terms


Bathurst Resources Quick Ratio Historical Data

* Premium members only.

The historical data trend for Bathurst Resources'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.

Bathurst Resources Quick Ratio Chart

Bathurst Resources 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 1.08 1.31 2.28 2.04 5.04

Bathurst Resources 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 1.06 2.04 1.48 5.04 3.56

ASX:BRL vs HCC, AMR, METC: Quick Ratio Comparison

For the Coking Coal subindustry, Bathurst Resources'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.


Bathurst Resources Quick Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Bathurst Resources's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Bathurst Resources's Quick Ratio falls into.


ASX:BRL
38GF Score
Bathurst Resources Ltd ASX:BRL
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Bathurst Resources 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.

Bathurst Resources'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
=(42.347-1.035)/8.202
=5.04

Bathurst Resources'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
=(32.348-1.274)/8.735
=3.56

* 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 3.56 mean?
Bathurst Resources (ASX:BRL) has a Quick Ratio of 3.56 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Bathurst Resources and its competitors. This is 204% above median its historical median of 1.17. Over the past decade, Bathurst Resources' Quick Ratio has ranged from 0.13 to 5.04. According to the industry distribution chart, Bathurst Resources ranks #95 out of 638 companies in the Steel industry, placing it in the top 14.9%.
Is Bathurst Resources' Quick Ratio too high?
Bathurst Resources' current Quick Ratio of 3.56 is 204% above median its 10-year median of 1.17. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 5.04. The Steel industry median Quick Ratio is 1.02. Bathurst Resources' value of 3.56 is 249% above this industry median. Based on the distribution chart, Bathurst Resources ranks #95 out of 638 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Bathurst Resources has a GF Score™ of 38/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bathurst Resources' Quick Ratio compare to HCC and AMR?
According to the Steel industry distribution chart, Bathurst Resources ranks #95 out of 638 companies for Quick Ratio. This places Bathurst Resources in the top 15% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.02. Bathurst Resources' value of 3.56 is 249% above this benchmark. Historically, Bathurst Resources' own Quick Ratio has ranged from 0.13 to 5.04 over the past decade. While the company's 10-year median is 1.17 vs. the industry median of 1.02, Bathurst Resources 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 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. Bathurst Resources's current Quick Ratio of 3.56 is 249% 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 Bathurst Resources 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. Bathurst Resources's current Quick Ratio is 3.56, which is 204% above median its own 10-year median of 1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bathurst Resources stock overvalued right now?
Based on GuruFocus' analysis, Bathurst Resources (ASX:BRL) is currently considered Fairly Valued. The stock's GF Value™ is A$0.51, compared to a current price of A$0.49 — trading 3.9% below its estimated fair value. The current Quick Ratio is 3.56, which is 204% above median its 10-year median of 1.17 and 249% above the Steel industry median of 1.02. Bathurst Resources' overall GF Score™ is 38/100 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 Bathurst Resources (ASX:BRL), the current Quick Ratio is 3.56 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.

Is Bathurst Resources (ASX:BRL) Overvalued in 2026?

Based on GuruFocus' analysis, Bathurst Resources stock appears to be undervalued. The current stock price of A$0.49 is trading 3.9% below its estimated GF Value™ of A$0.51. GuruFocus considers Bathurst Resources to be Fairly Valued.

Key valuation signals for ASX:BRL:

  • Quick Ratio: 3.56 (204% above median its 10-year median of 1.17)
  • GF Value™: A$0.51 vs. price of A$0.49 (3.9% below fair value)
  • GF Score™: 38/100 with 2 warning signs
  • Industry Position: 249% above the Steel median (#95 of 638)

No single metric tells the full story. See the ASX:BRL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bathurst Resources Business Description

Address 1 Willeston Street, Level 12, Wellington, NZL, 6011
Bathurst Resources Ltd is principally engaged in the exploration, development, and production of coal. The operating business segments of the company are Export, Domestic, and Corporate, with maximum revenue from the export segment. It has three operating mines in the South Island: Canterbury Coal, Stockton, and Takitimu. It also operates Maramarua and Rotowaro in the Waikato region of the North Island. Further, it has two mines the Cascade and Escarpment mines near Westport. It earns maximum from Export segment following domestic segment.
38GF Score

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Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$0.49
Price
A$0.51
GF Value