Golden DeepsASX:GED +4.88% Quick Ratio is 17.45 as of Dec. 2025, which is 80% above its 10-year median of 9.70. The stock has 1 warning sign investors should review. Among 2,638 Metals & Mining companies, Golden Deeps ranks better than 87.04% 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. Golden Deeps's quick ratio for the quarter that ended in Dec. 2025 was 17.45.
Golden Deeps has a quick ratio of 17.45. It generally indicates good short-term financial strength.
The historical rank and industry rank for Golden Deeps's Quick Ratio or its related term are showing as below:
ASX:GED'
s Quick Ratio Range Over the Past 10 Years
Min: 1.23 Med: 9.7 Max: 60.25
Current: 17.45
During the past 13 years, Golden Deeps's highest Quick Ratio was 60.25. The lowest was 1.23. And the median was 9.70.
ASX:GED's Quick Ratio is ranked better than 87.04% of 2638
companies
in the Metals & Mining industry
Industry Median: 2.32
vs ASX:GED: 17.45
Golden Deeps (ASX:GED) 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.
Golden Deeps Quick Ratio Related Terms
Golden Deeps Quick Ratio Historical Data
* Premium members only.
The historical data trend for Golden Deeps'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, Golden Deeps'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.
Golden Deeps Quick Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Golden Deeps's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Golden Deeps'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.
Golden Deeps'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.
Golden Deeps (ASX:GED) has a Quick Ratio of 17.45 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Golden Deeps and its competitors. This is 80% above median its historical median of 9.70. Over the past decade, Golden Deeps' Quick Ratio has ranged from 1.23 to 60.25. According to the industry distribution chart, Golden Deeps ranks #342 out of 2638 companies in the Metals & Mining industry, placing it in the top 13%.
Is Golden Deeps' Quick Ratio too high?
Golden Deeps' current Quick Ratio of 17.45 is 80% above median its 10-year median of 9.70. Over the past 10 years, this metric has ranged from a low of 1.23 to a high of 60.25. The Metals & Mining industry median Quick Ratio is 2.32. Golden Deeps' value of 17.45 is 652.2% above this industry median. Based on the distribution chart, Golden Deeps ranks #342 out of 2638 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does Golden Deeps' Quick Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Golden Deeps ranks #342 out of 2638 companies for Quick Ratio. This places Golden Deeps in the top 13% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 2.32. Golden Deeps' value of 17.45 is 652.2% above this benchmark. Historically, Golden Deeps' own Quick Ratio has ranged from 1.23 to 60.25 over the past decade. While the company's 10-year median is 9.70 vs. the industry median of 2.32, Golden Deeps 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 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. Golden Deeps's current Quick Ratio of 17.45 is 652.2% 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 Golden Deeps 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. Golden Deeps's current Quick Ratio is 17.45, which is 80% above median its own 10-year median of 9.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Deeps stock overvalued right now?
Golden Deeps (ASX:GED) has a current Quick Ratio of 17.45. The current Quick Ratio is 17.45, which is 80% above median its 10-year median of 9.70 and 652.2% above 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 Golden Deeps (ASX:GED), the current Quick Ratio is 17.45 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.
Golden Deeps Ltd is engaged in the exploration of mineral deposits. The company is in the exploration and development of its prospects in Australia, Namibia and Canada. The company explores gold, copper, silver, lead, zinc, and vanadium deposits. The company's project comprises of Tuckers Hill and Havilah Project, Abenab Vanadium Project, and others. Substantial revenue is generated from Australian operations.
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