Piche Resources (ASX:PR2) Quick Ratio: 5.56 (As of Dec. 2025) — 45% Below Median

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What is Piche Resources Quick Ratio?

Piche Resources ASX:PR2 -4.35% Quick Ratio is 5.56 as of Dec. 2025, which is 45% below its 10-year median of 10.20. Among 2,642 Metals & Mining companies, Piche Resources ranks better than 68.51% 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. Piche Resources's quick ratio for the quarter that ended in Dec. 2025 was 5.56.

Piche Resources has a quick ratio of 5.56. It generally indicates good short-term financial strength.

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

ASX:PR2' s Quick Ratio Range Over the Past 10 Years
Min: 1.24   Med: 10.2   Max: 42
Current: 5.56

During the past 3 years, Piche Resources's highest Quick Ratio was 42.00. The lowest was 1.24. And the median was 10.20.

ASX:PR2's Quick Ratio is ranked better than
68.51% of 2642 companies
in the Metals & Mining industry
Industry Median: 2.32 vs ASX:PR2: 5.56

Piche Resources  (ASX:PR2) 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.


Piche Resources Quick Ratio Related Terms


Piche Resources Quick Ratio Historical Data

* Premium members only.

The historical data trend for Piche 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.

Piche Resources Quick Ratio Chart

Piche Resources Annual Data
Trend Jun23 Jun24 Jun25
Quick Ratio
0.00 1.24 10.20

Piche Resources Semi-Annual Data
Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Quick Ratio Get a 7-Day Free Trial 42.00 1.24 15.40 10.20 5.56

Piche Resources Quick Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Piche 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.


Piche Resources Quick Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Piche Resources's Quick Ratio falls into.



Piche Resources 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.

Piche Resources'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
=(5.231-0)/0.513
=10.20

Piche Resources'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
=(5.13-0)/0.922
=5.56

* 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 5.56 mean?
Piche Resources (ASX:PR2) has a Quick Ratio of 5.56 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Piche Resources and its competitors. This is 45% below median its historical median of 10.20. Over the past decade, Piche Resources' Quick Ratio has ranged from 1.24 to 42.00. According to the industry distribution chart, Piche Resources ranks #832 out of 2642 companies in the Metals & Mining industry, placing it in the top 31.5%.
Is Piche Resources' Quick Ratio too high?
Piche Resources' current Quick Ratio of 5.56 is 45% below median its 10-year median of 10.20. Over the past 10 years, this metric has ranged from a low of 1.24 to a high of 42.00. The Metals & Mining industry median Quick Ratio is 2.32. Piche Resources' value of 5.56 is 139.7% above this industry median. Based on the distribution chart, Piche Resources ranks #832 out of 2642 companies in the Metals & Mining industry, which is above the industry midpoint.
How does Piche Resources' Quick Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Piche Resources ranks #832 out of 2642 companies for Quick Ratio. This puts Piche Resources in the upper half of its industry. The industry median Quick Ratio is 2.32. Piche Resources' value of 5.56 is 139.7% above this benchmark. Historically, Piche Resources' own Quick Ratio has ranged from 1.24 to 42.00 over the past decade. While the company's 10-year median is 10.20 vs. the industry median of 2.32, Piche 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 2,642 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. Piche Resources's current Quick Ratio of 5.56 is 139.7% 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 Piche 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. Piche Resources's current Quick Ratio is 5.56, which is 45% below median its own 10-year median of 10.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Piche Resources stock overvalued right now?
Piche Resources (ASX:PR2) has a current Quick Ratio of 5.56. The current Quick Ratio is 5.56, which is 45% below median its 10-year median of 10.20 and 139.7% 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 Piche Resources (ASX:PR2), the current Quick Ratio is 5.56 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.

Piche Resources Business Description

Other Exchanges U8J:Germany
Address 225 Street Georges Terrace, Level 4, Perth, WA, AUS, 6000
Piche Resources Ltd is a mineral exploration company, focusing on the exploration of uranium, as well as other precious and base metals, including gold, silver, copper, lead, zinc, and rare earth elements (REEs) in Western Australia and Argentina. The company owns a suite of seven granted exploration licences in Western Australia, covering four projects, namely Ashburton, GascoyneMinindi, Abydos and Beasley Creek. In Argentina, the company owns 10 granted mining concessions and 18 applications for mining concessions covering two projects, Sierra Cuadrada and Cerro Chacon.