Champion IronASX:CIA -0.52%84 Quick Ratio is 1.69 as of Mar. 2026, which is 18% below its 10-year median of 2.06. GuruFocus rates ASX:CIA with a GF Score™ of 84/100 and a GF Value™ of A$6.15 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 638 Steel companies, Champion Iron ranks better than 70.22% 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. Champion Iron's quick ratio for the quarter that ended in Mar. 2026 was 1.69.
Champion Iron has a quick ratio of 1.69. It generally indicates good short-term financial strength.
The historical rank and industry rank for Champion Iron's Quick Ratio or its related term are showing as below:
ASX:CIA'
s Quick Ratio Range Over the Past 10 Years
Min: 0.61 Med: 2.06 Max: 3.04
Current: 1.69
During the past 13 years, Champion Iron's highest Quick Ratio was 3.04. The lowest was 0.61. And the median was 2.06.
ASX:CIA's Quick Ratio is ranked better than 70.22% of 638
companies
in the Steel industry
Industry Median: 1.02
vs ASX:CIA: 1.69
Champion Iron (ASX:CIA) 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.
Champion Iron Quick Ratio Related Terms
Champion Iron Quick Ratio Historical Data
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The historical data trend for Champion Iron'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 Steel subindustry, Champion Iron'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.
Champion Iron Quick Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Champion Iron's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Champion Iron'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.
Champion Iron's Quick Ratio for the fiscal year that ended in Mar. 2026 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.
Champion Iron (ASX:CIA) has a Quick Ratio of 1.69 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Champion Iron and its competitors. This is 18% below median its historical median of 2.06. Over the past decade, Champion Iron's Quick Ratio has ranged from 0.61 to 3.04. According to the industry distribution chart, Champion Iron ranks #190 out of 638 companies in the Steel industry, placing it in the top 29.8%.
Is Champion Iron's Quick Ratio too high?
Champion Iron's current Quick Ratio of 1.69 is 18% below median its 10-year median of 2.06. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 3.04. The Steel industry median Quick Ratio is 1.02. Champion Iron's value of 1.69 is 65.7% above this industry median. Based on the distribution chart, Champion Iron ranks #190 out of 638 companies in the Steel industry, which is above the industry midpoint. Overall, Champion Iron has a GF Score™ of 84/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Champion Iron's Quick Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Champion Iron ranks #190 out of 638 companies for Quick Ratio. This puts Champion Iron in the upper half of its industry. The industry median Quick Ratio is 1.02. Champion Iron's value of 1.69 is 65.7% above this benchmark. Historically, Champion Iron's own Quick Ratio has ranged from 0.61 to 3.04 over the past decade. While the company's 10-year median is 2.06 vs. the industry median of 1.02, Champion Iron 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. Champion Iron's current Quick Ratio of 1.69 is 65.7% 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 Champion Iron 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. Champion Iron's current Quick Ratio is 1.69, which is 18% below median its own 10-year median of 2.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Champion Iron stock overvalued right now?
Based on GuruFocus' analysis, Champion Iron (ASX:CIA) is currently considered Significantly Undervalued. The stock's GF Value™ is A$6.15, compared to a current price of A$3.86 — trading 37.2% below its estimated fair value. The current Quick Ratio is 1.69, which is 18% below median its 10-year median of 2.06 and 65.7% above the Steel industry median of 1.02. Champion Iron's overall GF Score™ is 84/100 with 6 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 Champion Iron (ASX:CIA), the current Quick Ratio is 1.69 as of Mar. 2026. 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 Champion Iron (ASX:CIA) Overvalued in 2026?
Based on GuruFocus' analysis, Champion Iron stock appears to be undervalued.
The current stock price of A$3.86 is trading 37.2% below its estimated GF Value™ of A$6.15.
GuruFocus considers Champion Iron to be Significantly Undervalued.
Key valuation signals for ASX:CIA:
Quick Ratio: 1.69 (18% below median its 10-year median of 2.06)
GF Value™: A$6.15 vs. price of A$3.86 (37.2% below fair value)
Industry Position: 65.7% above the Steel median (#190 of 638)
No single metric tells the full story. See the ASX:CIA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Champion Iron Ltd is engaged in the exploration and development of iron ore properties in Quebec, Canada. The company projects include Fire Lake North, Powderhorn/Gullbridge, Moire, Quinto Claims, Harvey Tuttle, O'keefe-Purdy, and others. Its segment includes Iron Ore Concentrate, Exploration and Evaluation, and Corporate. The company generates the maximum of its revenue from the Iron Ore Concentrate segment.
84GF Score
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