Red Hill MineralsASX:RHI -3.36%39 Quick Ratio is 20.68 as of Dec. 2025, which is 90% above its 10-year median of 10.87. GuruFocus rates ASX:RHI with a GF Score™ of 39/100. The stock has 3 warning signs investors should review. Among 2,637 Metals & Mining companies, Red Hill Minerals ranks better than 89.08% on this metric.
Red Hill Minerals has a quick ratio of 20.68. It generally indicates good short-term financial strength.
The historical rank and industry rank for Red Hill Minerals's Quick Ratio or its related term are showing as below:
ASX:RHI'
s Quick Ratio Range Over the Past 10 Years
Min: 0.31 Med: 10.87 Max: 90.94
Current: 20.68
During the past 13 years, Red Hill Minerals's highest Quick Ratio was 90.94. The lowest was 0.31. And the median was 10.87.
ASX:RHI's Quick Ratio is ranked better than 89.08% of 2637
companies
in the Metals & Mining industry
Industry Median: 2.32
vs ASX:RHI: 20.68
Red Hill Minerals (ASX:RHI) 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.
Red Hill Minerals Quick Ratio Related Terms
Red Hill Minerals Quick Ratio Historical Data
* Premium members only.
The historical data trend for Red Hill Minerals'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.
Red Hill Minerals Quick Ratio Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Red Hill Minerals'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.
Red Hill Minerals Quick Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Red Hill Minerals's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Red Hill Minerals'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.
Red Hill Minerals'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.
Red Hill Minerals (ASX:RHI) has a Quick Ratio of 20.68 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Red Hill Minerals and its competitors. This is 90% above median its historical median of 10.87. Over the past decade, Red Hill Minerals' Quick Ratio has ranged from 0.31 to 90.94. According to the industry distribution chart, Red Hill Minerals ranks #288 out of 2637 companies in the Metals & Mining industry, placing it in the top 10.9%.
Is Red Hill Minerals' Quick Ratio too high?
Red Hill Minerals' current Quick Ratio of 20.68 is 90% above median its 10-year median of 10.87. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 90.94. The Metals & Mining industry median Quick Ratio is 2.32. Red Hill Minerals' value of 20.68 is 791.4% above this industry median. Based on the distribution chart, Red Hill Minerals ranks #288 out of 2637 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Red Hill Minerals has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Red Hill Minerals' Quick Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Red Hill Minerals ranks #288 out of 2637 companies for Quick Ratio. This places Red Hill Minerals in the top 11% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 2.32. Red Hill Minerals' value of 20.68 is 791.4% above this benchmark. Historically, Red Hill Minerals' own Quick Ratio has ranged from 0.31 to 90.94 over the past decade. While the company's 10-year median is 10.87 vs. the industry median of 2.32, Red Hill Minerals 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 2,637 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. Red Hill Minerals's current Quick Ratio of 20.68 is 791.4% 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 Red Hill Minerals 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. Red Hill Minerals's current Quick Ratio is 20.68, which is 90% above median its own 10-year median of 10.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Red Hill Minerals stock overvalued right now?
Red Hill Minerals (ASX:RHI) has a current Quick Ratio of 20.68. The current Quick Ratio is 20.68, which is 90% above median its 10-year median of 10.87 and 791.4% above the Metals & Mining industry median of 2.32. Red Hill Minerals' overall GF Score™ is 39/100 with 3 warning signs 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 Red Hill Minerals (ASX:RHI), the current Quick Ratio is 20.68 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.
Red Hill Minerals Ltd is an exploration company that focuses on the exploration of non-ferrous minerals over the RHIOJV tenements in the Western Pilbara region of Western Australia. Exploration targets include precious (gold) and battery metals. The company is also progressing the development of its Pannawonica Channel Iron Deposits (CID) and rock quarrying opportunities from its Three Peaks project. Its projects portfolio includes Red Hill Minerals West Pilbara Project, Mineral Resources Ltd Ashburton Hub - Royalty, Pannawonica Iron Ore, and Three Peaks Hard Rock Deposit.
39GF Score
Get the complete analysis for ASX:RHI
Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:RHI has been successfully added to your 
