Ronin Resources (ASX:RON) Quick Ratio: 25.93 (As of Dec. 2025) — 50% Below Median


ASX:RON Ronin Resources Ltd ASX:RON
40 GF Score
Price A$0.19
! 1 Warning Sign
View Full Analysis

What is Ronin Resources Quick Ratio?

Ronin Resources ASX:RON 40 Quick Ratio is 25.93 as of Dec. 2025, which is 50% below its 10-year median of 51.80. GuruFocus rates ASX:RON with a GF Score™ of 40/100. The stock has 1 warning sign investors should review. Among 2,638 Metals & Mining companies, Ronin Resources ranks better than 91.77% 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. Ronin Resources's quick ratio for the quarter that ended in Dec. 2025 was 25.93.

Ronin Resources has a quick ratio of 25.93. It generally indicates good short-term financial strength.

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

ASX:RON' s Quick Ratio Range Over the Past 10 Years
Min: 15.34   Med: 51.8   Max: 194.75
Current: 25.93

During the past 5 years, Ronin Resources's highest Quick Ratio was 194.75. The lowest was 15.34. And the median was 51.80.

ASX:RON's Quick Ratio is ranked better than
91.77% of 2638 companies
in the Metals & Mining industry
Industry Median: 2.32 vs ASX:RON: 25.93

Ronin Resources  (ASX:RON) 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.


Ronin Resources Quick Ratio Related Terms


Ronin Resources Quick Ratio Historical Data

* Premium members only.

The historical data trend for Ronin 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.

Ronin Resources Quick Ratio Chart

Ronin Resources Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
Quick Ratio
85.96 26.07 48.46 91.60 33.90

Ronin Resources Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only 82.20 91.60 55.14 33.90 25.93

ASX:RON vs HL: Quick Ratio Comparison

For the Other Precious Metals & Mining subindustry, Ronin 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.


Ronin Resources Quick Ratio vs Metals & Mining Industry

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

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


ASX:RON
40GF Score
Ronin Resources Ltd ASX:RON
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ronin 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.

Ronin 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
=(3.356-0)/0.099
=33.90

Ronin 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
=(3.163-0)/0.122
=25.93

* 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 25.93 mean?
Ronin Resources (ASX:RON) has a Quick Ratio of 25.93 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Ronin Resources and its competitors. This is 50% below median its historical median of 51.80. Over the past decade, Ronin Resources' Quick Ratio has ranged from 15.34 to 194.75. According to the industry distribution chart, Ronin Resources ranks #217 out of 2638 companies in the Metals & Mining industry, placing it in the top 8.2%.
Is Ronin Resources' Quick Ratio too high?
Ronin Resources' current Quick Ratio of 25.93 is 50% below median its 10-year median of 51.80. Over the past 10 years, this metric has ranged from a low of 15.34 to a high of 194.75. The Metals & Mining industry median Quick Ratio is 2.32. Ronin Resources' value of 25.93 is 1017.7% above this industry median. Based on the distribution chart, Ronin Resources ranks #217 out of 2638 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Ronin Resources has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Ronin Resources' Quick Ratio compare to HL?
According to the Metals & Mining industry distribution chart, Ronin Resources ranks #217 out of 2638 companies for Quick Ratio. This places Ronin Resources in the top 8% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 2.32. Ronin Resources' value of 25.93 is 1017.7% above this benchmark. Historically, Ronin Resources' own Quick Ratio has ranged from 15.34 to 194.75 over the past decade. While the company's 10-year median is 51.80 vs. the industry median of 2.32, Ronin 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 2,638 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. Ronin Resources's current Quick Ratio of 25.93 is 1017.7% 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 Ronin 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. Ronin Resources's current Quick Ratio is 25.93, which is 50% below median its own 10-year median of 51.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ronin Resources stock overvalued right now?
Ronin Resources (ASX:RON) has a current Quick Ratio of 25.93. The current Quick Ratio is 25.93, which is 50% below median its 10-year median of 51.80 and 1017.7% above the Metals & Mining industry median of 2.32. Ronin Resources' overall GF Score™ is 40/100 with 1 warning sign 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 Ronin Resources (ASX:RON), the current Quick Ratio is 25.93 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.

Ronin Resources Business Description

Address 459 Collins Street, Level 21, Melbourne, VIC, AUS, 3000
Ronin Resources Ltd is an exploration project in Colombia. Its Vetas Project is a thermal coal project. The Santa Rosa Project is an earlier stage gold and copper project located in a prolific artisan mining district.
40GF Score

Get the complete analysis for ASX:RON

Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$0.19
Price