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Lithium Plus MineralsASX:LPM 34 Quick Ratio is 6.45 as of Dec. 2025, which is 19% below its 10-year median of 8.01. GuruFocus rates ASX:LPM with a GF Score™ of 34/100. The stock has 1 warning sign investors should review. Among 2,638 Metals & Mining companies, Lithium Plus Minerals ranks better than 71.72% on this metric.
Lithium Plus Minerals (ASX:LPM) 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.
Lithium Plus Minerals Quick Ratio Related Terms
Lithium Plus Minerals Quick Ratio Historical Data
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The historical data trend for Lithium Plus 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.
Lithium Plus Minerals Quick Ratio Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Lithium Plus 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.
Lithium Plus Minerals Quick Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Lithium Plus Minerals's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Lithium Plus 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.
Lithium Plus Minerals'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.
Lithium Plus Minerals (ASX:LPM) has a Quick Ratio of 6.45 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Lithium Plus Minerals and its competitors. This is 19% below median its historical median of 8.01. Over the past decade, Lithium Plus Minerals' Quick Ratio has ranged from 4.92 to 11.87. According to the industry distribution chart, Lithium Plus Minerals ranks #746 out of 2638 companies in the Metals & Mining industry, placing it in the top 28.3%.
Is Lithium Plus Minerals' Quick Ratio too high?
Lithium Plus Minerals' current Quick Ratio of 6.45 is 19% below median its 10-year median of 8.01. Over the past 10 years, this metric has ranged from a low of 4.92 to a high of 11.87. The Metals & Mining industry median Quick Ratio is 2.33. Lithium Plus Minerals' value of 6.45 is 177.4% above this industry median. Based on the distribution chart, Lithium Plus Minerals ranks #746 out of 2638 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Lithium Plus Minerals has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Lithium Plus Minerals' Quick Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Lithium Plus Minerals ranks #746 out of 2638 companies for Quick Ratio. This puts Lithium Plus Minerals in the upper half of its industry. The industry median Quick Ratio is 2.33. Lithium Plus Minerals' value of 6.45 is 177.4% above this benchmark. Historically, Lithium Plus Minerals' own Quick Ratio has ranged from 4.92 to 11.87 over the past decade. While the company's 10-year median is 8.01 vs. the industry median of 2.33, Lithium Plus Minerals 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 2.33, 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. Lithium Plus Minerals's current Quick Ratio of 6.45 is 177.4% 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 Lithium Plus 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. Lithium Plus Minerals's current Quick Ratio is 6.45, which is 19% below median its own 10-year median of 8.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lithium Plus Minerals stock overvalued right now?
Lithium Plus Minerals (ASX:LPM) has a current Quick Ratio of 6.45. The current Quick Ratio is 6.45, which is 19% below median its 10-year median of 8.01 and 177.4% above the Metals & Mining industry median of 2.33. Lithium Plus Minerals' overall GF Score™ is 34/100 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 Lithium Plus Minerals (ASX:LPM), the current Quick Ratio is 6.45 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.
Lithium Plus Minerals Ltd is engaged in acquiring and developing lithium projects. The company has twenty-one granted Tenements, three Tenements under application and one Mining lease application located in the Northern Territory, Australia, which cover a portfolio of two Projects across 1,877 sqkm in the Bynoe Project, the Bynoe and Wingate sub-Projects; and in the Arunta Project, the Barrow Creek, Spotted Wonder and Moonlight sub-Projects. It is organized into one operating segment, being exploration operations in Australia.
34GF Score
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