Leeuwin MetalsASX:LM1 -5.26%38 Quick Ratio is 13.34 as of Dec. 2025, which is 68% above its 10-year median of 7.94. GuruFocus rates ASX:LM1 with a GF Score™ of 38/100. The stock has 1 warning sign investors should review. Among 2,638 Metals & Mining companies, Leeuwin Metals ranks better than 83.17% 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. Leeuwin Metals's quick ratio for the quarter that ended in Dec. 2025 was 13.34.
Leeuwin Metals has a quick ratio of 13.34. It generally indicates good short-term financial strength.
The historical rank and industry rank for Leeuwin Metals's Quick Ratio or its related term are showing as below:
ASX:LM1'
s Quick Ratio Range Over the Past 10 Years
Min: 3.98 Med: 7.94 Max: 71.79
Current: 13.34
During the past 3 years, Leeuwin Metals's highest Quick Ratio was 71.79. The lowest was 3.98. And the median was 7.94.
ASX:LM1's Quick Ratio is ranked better than 83.17% of 2638
companies
in the Metals & Mining industry
Industry Median: 2.32
vs ASX:LM1: 13.34
Leeuwin Metals (ASX:LM1) 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.
Leeuwin Metals Quick Ratio Related Terms
Leeuwin Metals Quick Ratio Historical Data
* Premium members only.
The historical data trend for Leeuwin Metals'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, Leeuwin Metals'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.
Leeuwin Metals Quick Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Leeuwin Metals's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Leeuwin Metals'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.
Leeuwin Metals'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.
Leeuwin Metals (ASX:LM1) has a Quick Ratio of 13.34 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Leeuwin Metals and its competitors. This is 68% above median its historical median of 7.94. Over the past decade, Leeuwin Metals' Quick Ratio has ranged from 3.98 to 71.79. According to the industry distribution chart, Leeuwin Metals ranks #444 out of 2638 companies in the Metals & Mining industry, placing it in the top 16.8%.
Is Leeuwin Metals' Quick Ratio too high?
Leeuwin Metals' current Quick Ratio of 13.34 is 68% above median its 10-year median of 7.94. Over the past 10 years, this metric has ranged from a low of 3.98 to a high of 71.79. The Metals & Mining industry median Quick Ratio is 2.32. Leeuwin Metals' value of 13.34 is 475% above this industry median. Based on the distribution chart, Leeuwin Metals ranks #444 out of 2638 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Leeuwin Metals has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Leeuwin Metals' Quick Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Leeuwin Metals ranks #444 out of 2638 companies for Quick Ratio. This places Leeuwin Metals in the top 17% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 2.32. Leeuwin Metals' value of 13.34 is 475% above this benchmark. Historically, Leeuwin Metals' own Quick Ratio has ranged from 3.98 to 71.79 over the past decade. While the company's 10-year median is 7.94 vs. the industry median of 2.32, Leeuwin Metals 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. Leeuwin Metals's current Quick Ratio of 13.34 is 475% 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 Leeuwin Metals 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. Leeuwin Metals's current Quick Ratio is 13.34, which is 68% above median its own 10-year median of 7.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leeuwin Metals stock overvalued right now?
Leeuwin Metals (ASX:LM1) has a current Quick Ratio of 13.34. The current Quick Ratio is 13.34, which is 68% above median its 10-year median of 7.94 and 475% above the Metals & Mining industry median of 2.32. Leeuwin Metals' overall GF Score™ is 38/100 with 1 warning sign 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 Leeuwin Metals (ASX:LM1), the current Quick Ratio is 13.34 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.
Leeuwin Metals Ltd is a mineral explorer committed to securing critical metals vital for the advancement of electric vehicles and renewable energy. It is focused on acquiring, exploring, and developing Nickel and Lithium projects, together with considering other critical minerals opportunities, within Canada and Australia. The company's projects include the Cross Lake Lithium Project, the William Lake Nickel Project, and the West Pilbara Iron Ore Project.
38GF Score
Get the complete analysis for ASX:LM1
Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:LM1 has been successfully added to your 