Manuka ResourcesASX:MKR +4.00% Quick Ratio is 0.14 as of Dec. 2025, which is 27% above its 10-year median of 0.11. The stock has 3 warning signs investors should review. Among 2,636 Metals & Mining companies, Manuka Resources ranks worse than 91.73% on this metric.
Manuka Resources has a quick ratio of 0.14. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Manuka Resources's Quick Ratio or its related term are showing as below:
ASX:MKR'
s Quick Ratio Range Over the Past 10 Years
Min: 0.02 Med: 0.11 Max: 1.48
Current: 0.14
During the past 5 years, Manuka Resources's highest Quick Ratio was 1.48. The lowest was 0.02. And the median was 0.11.
ASX:MKR's Quick Ratio is ranked worse than 91.73% of 2636
companies
in the Metals & Mining industry
Industry Median: 2.325
vs ASX:MKR: 0.14
Manuka Resources (ASX:MKR) 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.
Manuka Resources Quick Ratio Related Terms
Manuka Resources Quick Ratio Historical Data
* Premium members only.
The historical data trend for Manuka 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.
For the Other Precious Metals & Mining subindustry, Manuka 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.
Manuka Resources Quick Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Manuka Resources's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Manuka Resources'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.
Manuka Resources'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.
Manuka Resources (ASX:MKR) has a Quick Ratio of 0.14 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Manuka Resources and its competitors. This is 27% above median its historical median of 0.11. Over the past decade, Manuka Resources' Quick Ratio has ranged from 0.02 to 1.48. According to the industry distribution chart, Manuka Resources ranks #2418 out of 2636 companies in the Metals & Mining industry, placing it in the top 91.7%.
Is Manuka Resources' Quick Ratio too high?
Manuka Resources' current Quick Ratio of 0.14 is 27% above median its 10-year median of 0.11. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 1.48. The Metals & Mining industry median Quick Ratio is 2.33. Manuka Resources' value of 0.14 is 94% below this industry median. Based on the distribution chart, Manuka Resources ranks #2418 out of 2636 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Manuka Resources' Quick Ratio compare to HL?
According to the Metals & Mining industry distribution chart, Manuka Resources ranks #2418 out of 2636 companies for Quick Ratio. This places Manuka Resources in the lower half of its industry. The industry median Quick Ratio is 2.33. Manuka Resources' value of 0.14 is 94% below this benchmark. Historically, Manuka Resources' own Quick Ratio has ranged from 0.02 to 1.48 over the past decade. While the company's 10-year median is 0.11 vs. the industry median of 2.33, Manuka 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 2.33, based on 2,636 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. Manuka Resources's current Quick Ratio of 0.14 is 94% 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 Manuka Resources 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. Manuka Resources's current Quick Ratio is 0.14, which is 27% above median its own 10-year median of 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manuka Resources stock overvalued right now?
Manuka Resources (ASX:MKR) has a current Quick Ratio of 0.14. The current Quick Ratio is 0.14, which is 27% above median its 10-year median of 0.11 and 94% below the Metals & Mining industry median of 2.33. 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 Manuka Resources (ASX:MKR), the current Quick Ratio is 0.14 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.
Manuka Resources Ltd is a mining and exploration company focused on precious metals, predominantly gold and silver, with additional interests in iron sands containing vanadium and titanium. The company operates key projects in Australia's Cobar Basin, including the Mt Boppy gold project and the Wonawinta silver project, as well as the Taranaki iron sands project offshore in New Zealand. It generates revenue from the sale of precious metals. The company's operating segment includes Exploration in Australia, Exploration in New Zealand, and Operations. It generates maximum revenue from the Operations segment.
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