Magnetic Resources NLASX:MAU 29 Quick Ratio is 22.99 as of Dec. 2025, which is 119% above its 10-year median of 10.49. GuruFocus rates ASX:MAU with a GF Score™ of 29/100. The stock has 2 warning signs investors should review. Among 2,638 Metals & Mining companies, Magnetic Resources NL ranks better than 90.33% on this metric.
Magnetic Resources NL has a quick ratio of 22.99. It generally indicates good short-term financial strength.
The historical rank and industry rank for Magnetic Resources NL's Quick Ratio or its related term are showing as below:
ASX:MAU'
s Quick Ratio Range Over the Past 10 Years
Min: 3.78 Med: 10.49 Max: 62.87
Current: 22.99
During the past 13 years, Magnetic Resources NL's highest Quick Ratio was 62.87. The lowest was 3.78. And the median was 10.49.
ASX:MAU's Quick Ratio is ranked better than 90.33% of 2638
companies
in the Metals & Mining industry
Industry Median: 2.32
vs ASX:MAU: 22.99
Magnetic Resources NL (ASX:MAU) 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.
Magnetic Resources NL Quick Ratio Related Terms
Magnetic Resources NL Quick Ratio Historical Data
* Premium members only.
The historical data trend for Magnetic Resources NL'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.
Magnetic Resources NL Quick Ratio Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Magnetic Resources NL'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.
Magnetic Resources NL Quick Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Magnetic Resources NL's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Magnetic Resources NL'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.
Magnetic Resources NL'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.
Magnetic Resources NL (ASX:MAU) has a Quick Ratio of 22.99 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Magnetic Resources NL and its competitors. This is 119% above median its historical median of 10.49. Over the past decade, Magnetic Resources NL's Quick Ratio has ranged from 3.78 to 62.87. According to the industry distribution chart, Magnetic Resources NL ranks #255 out of 2638 companies in the Metals & Mining industry, placing it in the top 9.7%.
Is Magnetic Resources NL's Quick Ratio too high?
Magnetic Resources NL's current Quick Ratio of 22.99 is 119% above median its 10-year median of 10.49. Over the past 10 years, this metric has ranged from a low of 3.78 to a high of 62.87. The Metals & Mining industry median Quick Ratio is 2.32. Magnetic Resources NL's value of 22.99 is 890.9% above this industry median. Based on the distribution chart, Magnetic Resources NL ranks #255 out of 2638 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Magnetic Resources NL has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Magnetic Resources NL's Quick Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Magnetic Resources NL ranks #255 out of 2638 companies for Quick Ratio. This places Magnetic Resources NL in the top 10% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 2.32. Magnetic Resources NL's value of 22.99 is 890.9% above this benchmark. Historically, Magnetic Resources NL's own Quick Ratio has ranged from 3.78 to 62.87 over the past decade. While the company's 10-year median is 10.49 vs. the industry median of 2.32, Magnetic Resources NL 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. Magnetic Resources NL's current Quick Ratio of 22.99 is 890.9% 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 Magnetic Resources NL 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. Magnetic Resources NL's current Quick Ratio is 22.99, which is 119% above median its own 10-year median of 10.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magnetic Resources NL stock overvalued right now?
Magnetic Resources NL (ASX:MAU) has a current Quick Ratio of 22.99. The current Quick Ratio is 22.99, which is 119% above median its 10-year median of 10.49 and 890.9% above the Metals & Mining industry median of 2.32. Magnetic Resources NL's overall GF Score™ is 29/100 with 2 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 Magnetic Resources NL (ASX:MAU), the current Quick Ratio is 22.99 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.
Magnetic Resources NL is an Australian mineral exploration company focused on gold and other minerals in Western Australia. It holds a majority interest in projects, including Lady Julie Central, Lady Julie North, Hawks Nest, Homeward Bound South, and Benjabbering, located in the Laverton and Julimar regions. The company's main focus is on developing gold deposits near existing mining operations and infrastructure. Magnetic Resources aims to advance these projects toward production, with many gold resources already identified. The majority of income is generated by the interest income received.
29GF Score
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