Nelson ResourcesASX:NES Quick Ratio is 12.85 as of Dec. 2025, which is 122% above its 10-year median of 5.79. Among 2,638 Metals & Mining companies, Nelson Resources ranks better than 82.68% 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. Nelson Resources's quick ratio for the quarter that ended in Dec. 2025 was 12.85.
Nelson Resources has a quick ratio of 12.85. It generally indicates good short-term financial strength.
The historical rank and industry rank for Nelson Resources's Quick Ratio or its related term are showing as below:
ASX:NES'
s Quick Ratio Range Over the Past 10 Years
Min: 0.63 Med: 5.79 Max: 26.18
Current: 12.85
During the past 8 years, Nelson Resources's highest Quick Ratio was 26.18. The lowest was 0.63. And the median was 5.79.
ASX:NES's Quick Ratio is ranked better than 82.68% of 2638
companies
in the Metals & Mining industry
Industry Median: 2.32
vs ASX:NES: 12.85
Nelson Resources (ASX:NES) 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.
Nelson Resources Quick Ratio Related Terms
Nelson Resources Quick Ratio Historical Data
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The historical data trend for Nelson 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 Gold subindustry, Nelson 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.
Nelson Resources Quick Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Nelson Resources's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Nelson 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.
Nelson 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.
Nelson Resources (ASX:NES) has a Quick Ratio of 12.85 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Nelson Resources and its competitors. This is 122% above median its historical median of 5.79. Over the past decade, Nelson Resources' Quick Ratio has ranged from 0.63 to 26.18. According to the industry distribution chart, Nelson Resources ranks #457 out of 2638 companies in the Metals & Mining industry, placing it in the top 17.3%.
Is Nelson Resources' Quick Ratio too high?
Nelson Resources' current Quick Ratio of 12.85 is 122% above median its 10-year median of 5.79. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 26.18. The Metals & Mining industry median Quick Ratio is 2.32. Nelson Resources' value of 12.85 is 453.9% above this industry median. Based on the distribution chart, Nelson Resources ranks #457 out of 2638 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does Nelson Resources' Quick Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Nelson Resources ranks #457 out of 2638 companies for Quick Ratio. This places Nelson Resources in the top 17% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 2.32. Nelson Resources' value of 12.85 is 453.9% above this benchmark. Historically, Nelson Resources' own Quick Ratio has ranged from 0.63 to 26.18 over the past decade. While the company's 10-year median is 5.79 vs. the industry median of 2.32, Nelson Resources 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. Nelson Resources's current Quick Ratio of 12.85 is 453.9% 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 Nelson 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. Nelson Resources's current Quick Ratio is 12.85, which is 122% above median its own 10-year median of 5.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nelson Resources stock overvalued right now?
Nelson Resources (ASX:NES) has a current Quick Ratio of 12.85. The current Quick Ratio is 12.85, which is 122% above median its 10-year median of 5.79 and 453.9% above the Metals & Mining industry median of 2.32. 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 Nelson Resources (ASX:NES), the current Quick Ratio is 12.85 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.
Nelson Resources Ltd is a gold mining company. It has a portfolio of five prospective gold packages within the Western Australian goldfields. The company's projects include Woodline project, Yarri Project, Tempest project and Fortnum project among others.
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