Mitchell Services (ASX:MSV) Quick Ratio: 1.08 (As of Dec. 2025) — 13% Above Median

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ASX:MSV Mitchell Services Ltd ASX:MSV
58 GF Score
Price A$0.53
GF Value A$0.32
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Mitchell Services Quick Ratio?

Mitchell Services ASX:MSV 58 Quick Ratio is 1.08 as of Dec. 2025, which is 13% above its 10-year median of 0.96. GuruFocus rates ASX:MSV with a GF Score™ of 58/100 and a GF Value™ of A$0.32 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,638 Metals & Mining companies, Mitchell Services ranks worse than 67.7% 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. Mitchell Services's quick ratio for the quarter that ended in Dec. 2025 was 1.08.

Mitchell Services has a quick ratio of 1.08. It generally indicates good short-term financial strength.

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

ASX:MSV' s Quick Ratio Range Over the Past 10 Years
Min: 0.73   Med: 0.96   Max: 1.22
Current: 1.08

During the past 13 years, Mitchell Services's highest Quick Ratio was 1.22. The lowest was 0.73. And the median was 0.96.

ASX:MSV's Quick Ratio is ranked worse than
67.7% of 2638 companies
in the Metals & Mining industry
Industry Median: 2.305 vs ASX:MSV: 1.08

Mitchell Services  (ASX:MSV) 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.


Mitchell Services Quick Ratio Related Terms


Mitchell Services Quick Ratio Historical Data

* Premium members only.

The historical data trend for Mitchell Services'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.

Mitchell Services Quick Ratio Chart

Mitchell Services 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 0.84 0.82 1.01 0.98 0.82

Mitchell Services 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 0.97 0.98 0.79 0.82 1.08

Mitchell Services Quick Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Mitchell Services'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.


Mitchell Services Quick Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Mitchell Services's Quick Ratio falls into.


ASX:MSV
58GF Score
Mitchell Services Ltd ASX:MSV
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mitchell Services 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.

Mitchell Services'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
=(45.346-13.576)/38.632
=0.82

Mitchell Services'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
=(52.317-12.073)/37.253
=1.08

* 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 1.08 mean?
Mitchell Services (ASX:MSV) has a Quick Ratio of 1.08 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Mitchell Services and its competitors. This is 13% above median its historical median of 0.96. Over the past decade, Mitchell Services' Quick Ratio has ranged from 0.73 to 1.22. According to the industry distribution chart, Mitchell Services ranks #1786 out of 2638 companies in the Metals & Mining industry, placing it in the top 67.7%.
Is Mitchell Services' Quick Ratio too high?
Mitchell Services' current Quick Ratio of 1.08 is 13% above median its 10-year median of 0.96. Over the past 10 years, this metric has ranged from a low of 0.73 to a high of 1.22. The Metals & Mining industry median Quick Ratio is 2.31. Mitchell Services' value of 1.08 is 53.1% below this industry median. Based on the distribution chart, Mitchell Services ranks #1786 out of 2638 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Mitchell Services has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mitchell Services' Quick Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Mitchell Services ranks #1786 out of 2638 companies for Quick Ratio. This places Mitchell Services in the lower half of its industry. The industry median Quick Ratio is 2.31. Mitchell Services' value of 1.08 is 53.1% below this benchmark. Historically, Mitchell Services' own Quick Ratio has ranged from 0.73 to 1.22 over the past decade. While the company's 10-year median is 0.96 vs. the industry median of 2.31, Mitchell Services 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 2.31, 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. Mitchell Services's current Quick Ratio of 1.08 is 53.1% 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 Mitchell Services and its competitors. For the Metals & Mining industry, the median Quick Ratio is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitchell Services's current Quick Ratio is 1.08, which is 13% above median its own 10-year median of 0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitchell Services stock overvalued right now?
Based on GuruFocus' analysis, Mitchell Services (ASX:MSV) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.32, compared to a current price of A$0.53 — trading 65.6% above its estimated fair value. The current Quick Ratio is 1.08, which is 13% above median its 10-year median of 0.96 and 53.1% below the Metals & Mining industry median of 2.31. Mitchell Services' overall GF Score™ is 58/100 with 3 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 Mitchell Services (ASX:MSV), the current Quick Ratio is 1.08 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 Mitchell Services (ASX:MSV) Overvalued in 2026?

Based on GuruFocus' analysis, Mitchell Services stock appears to be overvalued. The current stock price of A$0.53 is trading 65.6% above its estimated GF Value™ of A$0.32. GuruFocus considers Mitchell Services to be Significantly Overvalued.

Key valuation signals for ASX:MSV:

  • Quick Ratio: 1.08 (13% above median its 10-year median of 0.96)
  • GF Value™: A$0.32 vs. price of A$0.53 (65.6% above fair value)
  • GF Score™: 58/100 with 3 warning signs
  • Industry Position: 53.1% below the Metals & Mining median (#1786 of 2638)

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


Mitchell Services Business Description

Other Exchanges LB8:Germany
Address 112 Bluestone Circuit, Seventeen Mile Rocks, Brisbane, QLD, AUS, 4073
Mitchell Services Ltd provides drilling services to the global exploration, mining, and energy industries. Its services extend across three key drilling divisions namely exploration, mine services, and underground. It provides drilling solutions at all stages of the mining lifecycle in both the minerals and energy sectors. The group's services include grassroots exploration, project feasibility, construction, production, closure and remediation. The company generates the majority of its revenue from Surface drilling services.
58GF Score

Get the complete analysis for ASX:MSV

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

A$0.53
Price
A$0.32
GF Value