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. Norfolk Metals's quick ratio for the quarter that ended in Dec. 2025 was 13.08.
Norfolk Metals has a quick ratio of 13.08. It generally indicates good short-term financial strength.
The historical rank and industry rank for Norfolk Metals's Quick Ratio or its related term are showing as below:
ASX:NFL'
s Quick Ratio Range Over the Past 10 Years
Min: 6.39 Med: 18.86 Max: 47.01
Current: 13.08
During the past 4 years, Norfolk Metals's highest Quick Ratio was 47.01. The lowest was 6.39. And the median was 18.86.
ASX:NFL's Quick Ratio is not ranked
in the Metals & Mining industry.
Industry Median: 2.31
vs ASX:NFL: 13.08
Norfolk Metals (ASX:NFL) 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.
Norfolk Metals Quick Ratio Related Terms
Norfolk Metals Quick Ratio Historical Data
* Premium members only.
The historical data trend for Norfolk Metals'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, Norfolk Metals'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.
Norfolk Metals Quick Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Norfolk Metals's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Norfolk Metals'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.
Norfolk Metals'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.
Norfolk Metals (ASX:NFL) has a Quick Ratio of 13.08 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Norfolk Metals and its competitors. This is 31% below median its historical median of 18.86. Over the past decade, Norfolk Metals' Quick Ratio has ranged from 6.39 to 47.01.
Is Norfolk Metals' Quick Ratio too high?
Norfolk Metals' current Quick Ratio of 13.08 is 31% below median its 10-year median of 18.86. Over the past 10 years, this metric has ranged from a low of 6.39 to a high of 47.01. The Metals & Mining industry median Quick Ratio is 2.31. Norfolk Metals' value of 13.08 is 466.2% above this industry median. Overall, Norfolk Metals has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Norfolk Metals' Quick Ratio compare to HL?
Norfolk Metals' Quick Ratio of 13.08 can be compared against companies in the Metals & Mining industry. The industry median Quick Ratio is 2.31. Norfolk Metals' value of 13.08 is 466.2% above this benchmark. Historically, Norfolk Metals' own Quick Ratio has ranged from 6.39 to 47.01 over the past decade. While the company's 10-year median is 18.86 vs. the industry median of 2.31, Norfolk Metals 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 2.31, based on 2,633 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. Norfolk Metals's current Quick Ratio of 13.08 is 466.2% 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 Norfolk Metals 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. Norfolk Metals's current Quick Ratio is 13.08, which is 31% below median its own 10-year median of 18.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norfolk Metals stock overvalued right now?
Norfolk Metals (ASX:NFL) has a current Quick Ratio of 13.08. The current Quick Ratio is 13.08, which is 31% below median its 10-year median of 18.86 and 466.2% above the Metals & Mining industry median of 2.31. Norfolk Metals' overall GF Score™ is 35/100 with 1 warning sign 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 Norfolk Metals (ASX:NFL), the current Quick Ratio is 13.08 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.
Norfolk Metals Ltd is a mineral exploration company. It is advancing its project portfolio with a focus on the earn-in of the Carmen Copper Project in Chile and the continued work at its listing assets; the Orroroo Uranium Project in South Australia and the Roger River Project in Tasmania. The company's sole activity is mineral exploration and resource development wholly within Australia, which is its only reportable segment.
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