Pearl Gull IronASX:PLG Quick Ratio is 13.43 as of Dec. 2025, which is 826% above its 10-year median of 1.45. The stock has 1 warning sign investors should review.
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. Pearl Gull Iron's quick ratio for the quarter that ended in Dec. 2025 was 13.43.
Pearl Gull Iron has a quick ratio of 13.43. It generally indicates good short-term financial strength.
The historical rank and industry rank for Pearl Gull Iron's Quick Ratio or its related term are showing as below:
ASX:PLG'
s Quick Ratio Range Over the Past 10 Years
Min: 0.44 Med: 1.45 Max: 13.43
Current: 13.43
During the past 4 years, Pearl Gull Iron's highest Quick Ratio was 13.43. The lowest was 0.44. And the median was 1.45.
ASX:PLG's Quick Ratio is not ranked
in the Steel industry.
Industry Median: 1.02
vs ASX:PLG: 13.43
Pearl Gull Iron (ASX:PLG) 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.
Pearl Gull Iron Quick Ratio Related Terms
Pearl Gull Iron Quick Ratio Historical Data
* Premium members only.
The historical data trend for Pearl Gull Iron'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 Steel subindustry, Pearl Gull Iron'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.
Pearl Gull Iron Quick Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Pearl Gull Iron's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Pearl Gull Iron'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.
Pearl Gull Iron'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.
Pearl Gull Iron (ASX:PLG) has a Quick Ratio of 13.43 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Pearl Gull Iron and its competitors. This is 826% above median its historical median of 1.45. Over the past decade, Pearl Gull Iron's Quick Ratio has ranged from 0.44 to 13.43.
Is Pearl Gull Iron's Quick Ratio too high?
Pearl Gull Iron's current Quick Ratio of 13.43 is 826% above median its 10-year median of 1.45. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 13.43. The Steel industry median Quick Ratio is 1.02. Pearl Gull Iron's value of 13.43 is 1216.7% above this industry median.
How does Pearl Gull Iron's Quick Ratio compare to NUE and STLD?
Pearl Gull Iron's Quick Ratio of 13.43 can be compared against companies in the Steel industry. The industry median Quick Ratio is 1.02. Pearl Gull Iron's value of 13.43 is 1216.7% above this benchmark. Historically, Pearl Gull Iron's own Quick Ratio has ranged from 0.44 to 13.43 over the past decade. While the company's 10-year median is 1.45 vs. the industry median of 1.02, Pearl Gull Iron 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 Steel company?
The median Quick Ratio among Steel companies is 1.02, based on 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. Pearl Gull Iron's current Quick Ratio of 13.43 is 1216.7% 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 Pearl Gull Iron and its competitors. For the Steel industry, the median Quick Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pearl Gull Iron's current Quick Ratio is 13.43, which is 826% above median its own 10-year median of 1.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pearl Gull Iron stock overvalued right now?
Pearl Gull Iron (ASX:PLG) has a current Quick Ratio of 13.43. The current Quick Ratio is 13.43, which is 826% above median its 10-year median of 1.45 and 1216.7% above the Steel industry median of 1.02. 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 Pearl Gull Iron (ASX:PLG), the current Quick Ratio is 13.43 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.
Pearl Gull Iron Ltd is a focused iron ore exploration and development company with mining title over a portion of Cockatoo Island. Its projects include the Switch Pit Project, the North Bay Project, and the Magazine Pit Project. The company operates within the mineral exploration industry in Australia.
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