Macallum New EnergyASX:MNE 16 Quick Ratio is 0.11 as of Dec. 2025, which is 99% below its 10-year median of 13.25. GuruFocus rates ASX:MNE with a GF Score™ of 16/100. Among 1,011 Oil & Gas companies, Macallum New Energy ranks worse than 95.65% on this metric.
Macallum New Energy has a quick ratio of 0.11. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Macallum New Energy's Quick Ratio or its related term are showing as below:
ASX:MNE'
s Quick Ratio Range Over the Past 10 Years
Min: 0.11 Med: 13.25 Max: 26.38
Current: 0.11
During the past 3 years, Macallum New Energy's highest Quick Ratio was 26.38. The lowest was 0.11. And the median was 13.25.
ASX:MNE's Quick Ratio is ranked worse than 95.65% of 1011
companies
in the Oil & Gas industry
Industry Median: 1.12
vs ASX:MNE: 0.11
Macallum New Energy (ASX:MNE) 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.
Macallum New Energy Quick Ratio Related Terms
Macallum New Energy Quick Ratio Historical Data
* Premium members only.
The historical data trend for Macallum New Energy'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.
Macallum New Energy Quick Ratio Chart
Macallum New Energy Annual Data
Trend
Jun23
Jun24
Jun25
Quick Ratio
0.00
0.00
26.38
Macallum New Energy Semi-Annual Data
Jun23
Jun24
Jun25
Dec25
Quick Ratio
0.00
0.00
26.38
0.11
ASX:MNE vs COP, EOG, OXY: Quick Ratio Comparison
For the Oil & Gas E&P subindustry, Macallum New Energy'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.
Macallum New Energy Quick Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Macallum New Energy's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Macallum New Energy'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.
Macallum New Energy'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.
Macallum New Energy (ASX:MNE) has a Quick Ratio of 0.11 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Macallum New Energy and its competitors. This is 99% below median its historical median of 13.25. Over the past decade, Macallum New Energy's Quick Ratio has ranged from 0.11 to 26.38. According to the industry distribution chart, Macallum New Energy ranks #967 out of 1011 companies in the Oil & Gas industry, placing it in the top 95.6%.
Is Macallum New Energy's Quick Ratio too high?
Macallum New Energy's current Quick Ratio of 0.11 is 99% below median its 10-year median of 13.25. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 26.38. The Oil & Gas industry median Quick Ratio is 1.12. Macallum New Energy's value of 0.11 is 90.2% below this industry median. Based on the distribution chart, Macallum New Energy ranks #967 out of 1011 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Macallum New Energy has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Macallum New Energy's Quick Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Macallum New Energy ranks #967 out of 1011 companies for Quick Ratio. This places Macallum New Energy in the lower half of its industry. The industry median Quick Ratio is 1.12. Macallum New Energy's value of 0.11 is 90.2% below this benchmark. Historically, Macallum New Energy's own Quick Ratio has ranged from 0.11 to 26.38 over the past decade. While the company's 10-year median is 13.25 vs. the industry median of 1.12, Macallum New Energy 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 an Oil & Gas company?
The median Quick Ratio among Oil & Gas companies is 1.12, based on 1,011 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. Macallum New Energy's current Quick Ratio of 0.11 is 90.2% 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 Macallum New Energy and its competitors. For the Oil & Gas industry, the median Quick Ratio is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Macallum New Energy's current Quick Ratio is 0.11, which is 99% below median its own 10-year median of 13.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Macallum New Energy stock overvalued right now?
Macallum New Energy (ASX:MNE) has a current Quick Ratio of 0.11. The current Quick Ratio is 0.11, which is 99% below median its 10-year median of 13.25 and 90.2% below the Oil & Gas industry median of 1.12. Macallum New Energy's overall GF Score™ is 16/100. 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 Macallum New Energy (ASX:MNE), the current Quick Ratio is 0.11 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.
Macallum New Energy Ltd is an oil and gas exploration company. The company is focused on the assessment and future development of its exploration projects located in the onshore Northern Perth Basin in Western Australia.
16GF Score
Get the complete analysis for ASX:MNE
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:MNE has been successfully added to your 