Ragnar Metals (ASX:RAG) Quick Ratio: 1.77 (As of Dec. 2025) — 83% Below Median


What is Ragnar Metals Quick Ratio?

Ragnar Metals ASX:RAG -8.33% Quick Ratio is 1.77 as of Dec. 2025, which is 83% below its 10-year median of 10.54. The stock has 2 warning signs investors should review. Among 2,638 Metals & Mining companies, Ragnar Metals ranks worse than 55.91% 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. Ragnar Metals's quick ratio for the quarter that ended in Dec. 2025 was 1.77.

Ragnar Metals has a quick ratio of 1.77. It generally indicates good short-term financial strength.

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

ASX:RAG' s Quick Ratio Range Over the Past 10 Years
Min: 0.22   Med: 10.54   Max: 42.81
Current: 1.77

During the past 13 years, Ragnar Metals's highest Quick Ratio was 42.81. The lowest was 0.22. And the median was 10.54.

ASX:RAG's Quick Ratio is ranked worse than
55.91% of 2638 companies
in the Metals & Mining industry
Industry Median: 2.32 vs ASX:RAG: 1.77

Ragnar Metals  (ASX:RAG) 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.


Ragnar Metals Quick Ratio Related Terms


Ragnar Metals Quick Ratio Historical Data

* Premium members only.

The historical data trend for Ragnar 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.

Ragnar Metals Quick Ratio Chart

Ragnar Metals Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.11 13.98 11.28 15.57 6.95

Ragnar Metals Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 39.58 15.57 42.81 6.95 1.77

Ragnar Metals Quick Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Ragnar 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.


Ragnar Metals Quick Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Ragnar Metals's Quick Ratio falls into.



Ragnar Metals 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.

Ragnar Metals'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
=(1.036-0)/0.149
=6.95

Ragnar Metals'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
=(0.319-0)/0.18
=1.77

* 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 1.77 mean?
Ragnar Metals (ASX:RAG) has a Quick Ratio of 1.77 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Ragnar Metals and its competitors. This is 83% below median its historical median of 10.54. Over the past decade, Ragnar Metals' Quick Ratio has ranged from 0.22 to 42.81. According to the industry distribution chart, Ragnar Metals ranks #1475 out of 2638 companies in the Metals & Mining industry, placing it in the top 55.9%.
Is Ragnar Metals' Quick Ratio too high?
Ragnar Metals' current Quick Ratio of 1.77 is 83% below median its 10-year median of 10.54. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 42.81. The Metals & Mining industry median Quick Ratio is 2.32. Ragnar Metals' value of 1.77 is 23.7% below this industry median. Based on the distribution chart, Ragnar Metals ranks #1475 out of 2638 companies in the Metals & Mining industry, which is below the industry midpoint.
How does Ragnar Metals' Quick Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Ragnar Metals ranks #1475 out of 2638 companies for Quick Ratio. This places Ragnar Metals in the lower half of its industry. The industry median Quick Ratio is 2.32. Ragnar Metals' value of 1.77 is 23.7% below this benchmark. Historically, Ragnar Metals' own Quick Ratio has ranged from 0.22 to 42.81 over the past decade. While the company's 10-year median is 10.54 vs. the industry median of 2.32, Ragnar Metals has consistently been below 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. Ragnar Metals's current Quick Ratio of 1.77 is 23.7% below 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 Ragnar Metals 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. Ragnar Metals's current Quick Ratio is 1.77, which is 83% below median its own 10-year median of 10.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ragnar Metals stock overvalued right now?
Ragnar Metals (ASX:RAG) has a current Quick Ratio of 1.77. The current Quick Ratio is 1.77, which is 83% below median its 10-year median of 10.54 and 23.7% below 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 Ragnar Metals (ASX:RAG), the current Quick Ratio is 1.77 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.

Ragnar Metals Business Description

Address 41 Colin Street, Ground Floor, Perth, WA, AUS, 6005
Ragnar Metals Ltd is engaged in the exploration and evaluation of its projects in Scandinavia and the exploration and evaluation of its Australian projects. The company has two segment Ragnar Metals Limited-Mineral Exploration in Western Australia; and Ragnar Exploration AB-Mineral Exploration in Sweden. Its projects include Orrvik Lithium Project; Halleberget and Bergom Lithium Projects; Olserum North and Gruvhagen REE Projects; Tullsta Nickel Project; Leeds Project; and A1 Nova Gold Mine.