Euro ManganeseASX:EMN Quick Ratio is 0.18 as of Mar. 2026, which is 96% below its 10-year median of 4.64. The stock has 3 warning signs investors should review. Among 2,637 Metals & Mining companies, Euro Manganese ranks worse than 90.33% 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. Euro Manganese's quick ratio for the quarter that ended in Mar. 2026 was 0.18.
Euro Manganese has a quick ratio of 0.18. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Euro Manganese's Quick Ratio or its related term are showing as below:
ASX:EMN'
s Quick Ratio Range Over the Past 10 Years
Min: 0.18 Med: 4.64 Max: 53.69
Current: 0.18
During the past 9 years, Euro Manganese's highest Quick Ratio was 53.69. The lowest was 0.18. And the median was 4.64.
ASX:EMN's Quick Ratio is ranked worse than 90.33% of 2637
companies
in the Metals & Mining industry
Industry Median: 2.32
vs ASX:EMN: 0.18
Euro Manganese (ASX:EMN) 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.
Euro Manganese Quick Ratio Related Terms
Euro Manganese Quick Ratio Historical Data
* Premium members only.
The historical data trend for Euro Manganese'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, Euro Manganese'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.
Euro Manganese Quick Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Euro Manganese's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Euro Manganese'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.
Euro Manganese's Quick Ratio for the fiscal year that ended in Sep. 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.
Euro Manganese (ASX:EMN) has a Quick Ratio of 0.18 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Euro Manganese and its competitors. This is 96% below median its historical median of 4.64. Over the past decade, Euro Manganese's Quick Ratio has ranged from 0.18 to 53.69. According to the industry distribution chart, Euro Manganese ranks #2382 out of 2637 companies in the Metals & Mining industry, placing it in the top 90.3%.
Is Euro Manganese's Quick Ratio too high?
Euro Manganese's current Quick Ratio of 0.18 is 96% below median its 10-year median of 4.64. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 53.69. The Metals & Mining industry median Quick Ratio is 2.32. Euro Manganese's value of 0.18 is 92.2% below this industry median. Based on the distribution chart, Euro Manganese ranks #2382 out of 2637 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Euro Manganese's Quick Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Euro Manganese ranks #2382 out of 2637 companies for Quick Ratio. This places Euro Manganese in the lower half of its industry. The industry median Quick Ratio is 2.32. Euro Manganese's value of 0.18 is 92.2% below this benchmark. Historically, Euro Manganese's own Quick Ratio has ranged from 0.18 to 53.69 over the past decade. While the company's 10-year median is 4.64 vs. the industry median of 2.32, Euro Manganese 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 2,637 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. Euro Manganese's current Quick Ratio of 0.18 is 92.2% 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 Euro Manganese 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. Euro Manganese's current Quick Ratio is 0.18, which is 96% below median its own 10-year median of 4.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Euro Manganese stock overvalued right now?
Euro Manganese (ASX:EMN) has a current Quick Ratio of 0.18. The current Quick Ratio is 0.18, which is 96% below median its 10-year median of 4.64 and 92.2% 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 Euro Manganese (ASX:EMN), the current Quick Ratio is 0.18 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.
Euro Manganese Inc is focused on advancing the Chvaletice Manganese Project, which involves the re-processing of a readily leachable manganese deposit contained in the tailings of a decommissioned mine in the Czech Republic. The Company is also progressing an opportunity to develop a project in Canada aimed at producing high-purity manganese products for the North American market, mainly for use in lithium-ion batteries. The company seeks to produce high-purity manganese products in an economically, socially, and environmentally sound manner. The Company operates through three segments: Mangan, EPCS, and Corporate. The Mangan and EPCS assets are geographically located in the Czech Republic, while corporate activities and assets are based in Canada.
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