Flagship MineralsASX:FLG -5.00%26 Quick Ratio is 1.35 as of Dec. 2025, which is 33% below its 10-year median of 2.03. GuruFocus rates ASX:FLG with a GF Score™ of 26/100. The stock has 3 warning signs investors should review. Among 2,636 Metals & Mining companies, Flagship Minerals ranks worse than 62.03% on this metric.
Flagship Minerals has a quick ratio of 1.35. It generally indicates good short-term financial strength.
The historical rank and industry rank for Flagship Minerals's Quick Ratio or its related term are showing as below:
ASX:FLG'
s Quick Ratio Range Over the Past 10 Years
Min: 0.21 Med: 2.03 Max: 28.16
Current: 1.35
During the past 7 years, Flagship Minerals's highest Quick Ratio was 28.16. The lowest was 0.21. And the median was 2.03.
ASX:FLG's Quick Ratio is ranked worse than 62.03% of 2636
companies
in the Metals & Mining industry
Industry Median: 2.325
vs ASX:FLG: 1.35
Flagship Minerals (ASX:FLG) 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.
Flagship Minerals Quick Ratio Related Terms
Flagship Minerals Quick Ratio Historical Data
* Premium members only.
The historical data trend for Flagship Minerals'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.
Flagship Minerals Quick Ratio Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Flagship Minerals'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.
Flagship Minerals Quick Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Flagship Minerals's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Flagship Minerals'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.
Flagship Minerals'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.
Flagship Minerals (ASX:FLG) has a Quick Ratio of 1.35 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Flagship Minerals and its competitors. This is 33% below median its historical median of 2.03. Over the past decade, Flagship Minerals' Quick Ratio has ranged from 0.21 to 28.16. According to the industry distribution chart, Flagship Minerals ranks #1635 out of 2636 companies in the Metals & Mining industry, placing it in the top 62%.
Is Flagship Minerals' Quick Ratio too high?
Flagship Minerals' current Quick Ratio of 1.35 is 33% below median its 10-year median of 2.03. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 28.16. The Metals & Mining industry median Quick Ratio is 2.33. Flagship Minerals' value of 1.35 is 41.9% below this industry median. Based on the distribution chart, Flagship Minerals ranks #1635 out of 2636 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Flagship Minerals has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Flagship Minerals' Quick Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Flagship Minerals ranks #1635 out of 2636 companies for Quick Ratio. This places Flagship Minerals in the lower half of its industry. The industry median Quick Ratio is 2.33. Flagship Minerals' value of 1.35 is 41.9% below this benchmark. Historically, Flagship Minerals' own Quick Ratio has ranged from 0.21 to 28.16 over the past decade. While the company's 10-year median is 2.03 vs. the industry median of 2.33, Flagship Minerals 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 2.33, based on 2,636 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. Flagship Minerals's current Quick Ratio of 1.35 is 41.9% 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 Flagship Minerals and its competitors. For the Metals & Mining industry, the median Quick Ratio is 2.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flagship Minerals's current Quick Ratio is 1.35, which is 33% below median its own 10-year median of 2.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flagship Minerals stock overvalued right now?
Flagship Minerals (ASX:FLG) has a current Quick Ratio of 1.35. The current Quick Ratio is 1.35, which is 33% below median its 10-year median of 2.03 and 41.9% below the Metals & Mining industry median of 2.33. Flagship Minerals' overall GF Score™ is 26/100 with 3 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 Flagship Minerals (ASX:FLG), the current Quick Ratio is 1.35 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.
Flagship Minerals Ltd is a gold and copper exploration and development company focused on projects in well-established, infrastructure-rich mining regions. The company targets low-capex, low-operating-cost opportunities that can deliver margins and near-term development potential. Its project portfolio includes the Pantanillo Gold Project, the Rosario Copper Project, the Khao Soon Tungsten Project, and the RK Lithium Project. The company operates in one segment, being the exploration of resources within the Southeast Asian region.
26GF Score
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