NeometalsASX:NMT -9.52% Quick Ratio is 4.70 as of Dec. 2025, which is 77% below its 10-year median of 20.28. The stock has 2 warning signs investors should review. Among 246 Waste Management companies, Neometals ranks better than 91.46% 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. Neometals's quick ratio for the quarter that ended in Dec. 2025 was 4.70.
Neometals has a quick ratio of 4.70. It generally indicates good short-term financial strength.
The historical rank and industry rank for Neometals's Quick Ratio or its related term are showing as below:
ASX:NMT'
s Quick Ratio Range Over the Past 10 Years
Min: 4.7 Med: 20.28 Max: 45.81
Current: 4.7
During the past 13 years, Neometals's highest Quick Ratio was 45.81. The lowest was 4.70. And the median was 20.28.
ASX:NMT's Quick Ratio is ranked better than 91.46% of 246
companies
in the Waste Management industry
Industry Median: 1.405
vs ASX:NMT: 4.70
Neometals (ASX:NMT) 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.
Neometals Quick Ratio Related Terms
Neometals Quick Ratio Historical Data
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The historical data trend for Neometals'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 Waste Management subindustry, Neometals'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.
Neometals Quick Ratio vs Waste Management Industry
For the Waste Management industry and Industrials sector, Neometals's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Neometals'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.
Neometals'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.
Neometals (ASX:NMT) has a Quick Ratio of 4.70 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Neometals and its competitors. This is 77% below median its historical median of 20.28. Over the past decade, Neometals' Quick Ratio has ranged from 4.70 to 45.81. According to the industry distribution chart, Neometals ranks #21 out of 246 companies in the Waste Management industry, placing it in the top 8.5%.
Is Neometals' Quick Ratio too high?
Neometals' current Quick Ratio of 4.70 is 77% below median its 10-year median of 20.28. Over the past 10 years, this metric has ranged from a low of 4.70 to a high of 45.81. The Waste Management industry median Quick Ratio is 1.41. Neometals' value of 4.70 is 234.5% above this industry median. Based on the distribution chart, Neometals ranks #21 out of 246 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers.
How does Neometals' Quick Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, Neometals ranks #21 out of 246 companies for Quick Ratio. This places Neometals in the top 9% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.41. Neometals' value of 4.70 is 234.5% above this benchmark. Historically, Neometals' own Quick Ratio has ranged from 4.70 to 45.81 over the past decade. While the company's 10-year median is 20.28 vs. the industry median of 1.41, Neometals 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 Waste Management company?
The median Quick Ratio among Waste Management companies is 1.41, based on 246 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. Neometals's current Quick Ratio of 4.70 is 234.5% 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 Neometals and its competitors. For the Waste Management industry, the median Quick Ratio is 1.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neometals's current Quick Ratio is 4.70, which is 77% below median its own 10-year median of 20.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neometals stock overvalued right now?
Neometals (ASX:NMT) has a current Quick Ratio of 4.70. The current Quick Ratio is 4.70, which is 77% below median its 10-year median of 20.28 and 234.5% above the Waste Management industry median of 1.41. 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 Neometals (ASX:NMT), the current Quick Ratio is 4.70 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.
Neometals Ltd focuses on developing and commercializing sustainable processing technologies to recycle and recover critical materials, such as lithium, vanadium, and precious metals, from waste streams and non-conventional feedstocks. The company aims to support sustainable supply chains in sectors like EV batteries by advancing low-impact mining operations and battery recycling projects. Its operations include partnerships and commercial activities across several regions, with projects targeting the recovery of key materials essential for cleaner energy and industrial applications. The company operates in three operating segments: lithium, titanium/vanadium, gold, and 'other segments', which comprises other minor exploration projects and mineral process technology businesses.
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