Mineral Resources (ASX:MIN) Quick Ratio: 1.22 (As of Dec. 2025) — Near Median


ASX:MIN Mineral Resources Ltd ASX:MIN
82 GF Score
Price A$65.86
GF Value A$72.28
Valuation Fairly Valued
! 12 Warning Signs
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What is Mineral Resources Quick Ratio?

Mineral Resources ASX:MIN +1.40% 82 Quick Ratio is 1.22 as of Dec. 2025, which is 8% below its 10-year median of 1.33. GuruFocus rates ASX:MIN with a GF Score™ of 82/100 and a GF Value™ of A$72.28 (Fairly Valued). The stock has 12 warning signs investors should review. Among 2,638 Metals & Mining companies, Mineral Resources ranks worse than 64.75% 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. Mineral Resources's quick ratio for the quarter that ended in Dec. 2025 was 1.22.

Mineral Resources has a quick ratio of 1.22. It generally indicates good short-term financial strength.

The historical rank and industry rank for Mineral Resources's Quick Ratio or its related term are showing as below:

ASX:MIN' s Quick Ratio Range Over the Past 10 Years
Min: 0.74   Med: 1.33   Max: 3.41
Current: 1.22

During the past 13 years, Mineral Resources's highest Quick Ratio was 3.41. The lowest was 0.74. And the median was 1.33.

ASX:MIN's Quick Ratio is ranked worse than
64.75% of 2638 companies
in the Metals & Mining industry
Industry Median: 2.32 vs ASX:MIN: 1.22

Mineral Resources  (ASX:MIN) 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.


Mineral Resources Quick Ratio Related Terms


Mineral Resources Quick Ratio Historical Data

* Premium members only.

The historical data trend for Mineral Resources'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.

Mineral Resources Quick Ratio Chart

Mineral Resources Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.94 3.41 2.29 0.83 0.74

Mineral Resources Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.16 0.83 0.94 0.74 1.22

Mineral Resources Quick Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Mineral Resources'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.


Mineral Resources Quick Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Mineral Resources's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Mineral Resources's Quick Ratio falls into.


ASX:MIN
82GF Score
Mineral Resources Ltd ASX:MIN
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Mineral Resources Quick Ratio Calculation

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.

Mineral Resources's Quick Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Quick Ratio (A: Jun. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1946-586)/1838
=0.74

Mineral Resources's Quick Ratio for the quarter that ended in Dec. 2025 is calculated as

Quick Ratio (Q: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(2684-597)/1716
=1.22

* 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.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 1.22 mean?
Mineral Resources (ASX:MIN) has a Quick Ratio of 1.22 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Mineral Resources and its competitors. This is near median its historical median of 1.33. Over the past decade, Mineral Resources' Quick Ratio has ranged from 0.74 to 3.41. According to the industry distribution chart, Mineral Resources ranks #1708 out of 2638 companies in the Metals & Mining industry, placing it in the top 64.7%.
Is Mineral Resources' Quick Ratio too high?
Mineral Resources' current Quick Ratio of 1.22 is near median its 10-year median of 1.33. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 3.41. The Metals & Mining industry median Quick Ratio is 2.32. Mineral Resources' value of 1.22 is 47.4% below this industry median. Based on the distribution chart, Mineral Resources ranks #1708 out of 2638 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Mineral Resources has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mineral Resources' Quick Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Mineral Resources ranks #1708 out of 2638 companies for Quick Ratio. This places Mineral Resources in the lower half of its industry. The industry median Quick Ratio is 2.32. Mineral Resources' value of 1.22 is 47.4% below this benchmark. Historically, Mineral Resources' own Quick Ratio has ranged from 0.74 to 3.41 over the past decade. While the company's 10-year median is 1.33 vs. the industry median of 2.32, Mineral Resources 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 2.32, 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. Mineral Resources's current Quick Ratio of 1.22 is 47.4% 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 Mineral Resources 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. Mineral Resources's current Quick Ratio is 1.22, which is near median its own 10-year median of 1.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mineral Resources stock overvalued right now?
Based on GuruFocus' analysis, Mineral Resources (ASX:MIN) is currently considered Fairly Valued. The stock's GF Value™ is A$72.28, compared to a current price of A$65.86 — trading 8.9% below its estimated fair value. The current Quick Ratio is 1.22, which is near median its 10-year median of 1.33 and 47.4% below the Metals & Mining industry median of 2.32. Mineral Resources' overall GF Score™ is 82/100 with 12 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 Mineral Resources (ASX:MIN), the current Quick Ratio is 1.22 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.

Is Mineral Resources (ASX:MIN) Overvalued in 2026?

Based on GuruFocus' analysis, Mineral Resources stock appears to be undervalued. The current stock price of A$65.86 is trading 8.9% below its estimated GF Value™ of A$72.28. GuruFocus considers Mineral Resources to be Fairly Valued.

Key valuation signals for ASX:MIN:

  • Quick Ratio: 1.22 (near median its 10-year median of 1.33)
  • GF Value™: A$72.28 vs. price of A$65.86 (8.9% below fair value)
  • GF Score™: 82/100 with 12 warning signs
  • Industry Position: 47.4% below the Metals & Mining median (#1708 of 2638)

No single metric tells the full story. See the ASX:MIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mineral Resources Business Description

Address 20 Walters Drive, Osborne Park, Perth, WA, AUS, 6017
Mineral Resources listed on the ASX in 2006 following the merger of three mining services businesses. The subsidiary companies were previously owned by managing director Chris Ellison, who remains a large shareholder despite selling down. Operations include iron ore and lithium mining, iron ore crushing and screening services for third parties, and engineering and construction for mining companies. Mining and contracting activity is focused in Western Australia.
82GF Score

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Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$65.86
Price
A$72.28
GF Value