S2 ResourcesASX:S2R +12.50% Quick Ratio is 8.42 as of Dec. 2025, which is 48% below its 10-year median of 16.21. The stock has 1 warning sign investors should review. Among 2,638 Metals & Mining companies, S2 Resources ranks better than 76.31% 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. S2 Resources's quick ratio for the quarter that ended in Dec. 2025 was 8.42.
S2 Resources has a quick ratio of 8.42. It generally indicates good short-term financial strength.
The historical rank and industry rank for S2 Resources's Quick Ratio or its related term are showing as below:
ASX:S2R'
s Quick Ratio Range Over the Past 10 Years
Min: 4.65 Med: 16.21 Max: 26.57
Current: 8.42
During the past 9 years, S2 Resources's highest Quick Ratio was 26.57. The lowest was 4.65. And the median was 16.21.
ASX:S2R's Quick Ratio is ranked better than 76.31% of 2638
companies
in the Metals & Mining industry
Industry Median: 2.32
vs ASX:S2R: 8.42
S2 Resources (ASX:S2R) 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.
S2 Resources Quick Ratio Related Terms
S2 Resources Quick Ratio Historical Data
* Premium members only.
The historical data trend for S2 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.
For the Other Industrial Metals & Mining subindustry, S2 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.
S2 Resources Quick Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, S2 Resources's Quick Ratio distribution charts can be found below:
* The bar in red indicates where S2 Resources'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.
S2 Resources'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.
S2 Resources (ASX:S2R) has a Quick Ratio of 8.42 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on S2 Resources and its competitors. This is 48% below median its historical median of 16.21. Over the past decade, S2 Resources' Quick Ratio has ranged from 4.65 to 26.57. According to the industry distribution chart, S2 Resources ranks #625 out of 2638 companies in the Metals & Mining industry, placing it in the top 23.7%.
Is S2 Resources' Quick Ratio too high?
S2 Resources' current Quick Ratio of 8.42 is 48% below median its 10-year median of 16.21. Over the past 10 years, this metric has ranged from a low of 4.65 to a high of 26.57. The Metals & Mining industry median Quick Ratio is 2.32. S2 Resources' value of 8.42 is 262.9% above this industry median. Based on the distribution chart, S2 Resources ranks #625 out of 2638 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does S2 Resources' Quick Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, S2 Resources ranks #625 out of 2638 companies for Quick Ratio. This places S2 Resources in the top 24% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 2.32. S2 Resources' value of 8.42 is 262.9% above this benchmark. Historically, S2 Resources' own Quick Ratio has ranged from 4.65 to 26.57 over the past decade. While the company's 10-year median is 16.21 vs. the industry median of 2.32, S2 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. S2 Resources's current Quick Ratio of 8.42 is 262.9% 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 S2 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. S2 Resources's current Quick Ratio is 8.42, which is 48% below median its own 10-year median of 16.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is S2 Resources stock overvalued right now?
S2 Resources (ASX:S2R) has a current Quick Ratio of 8.42. The current Quick Ratio is 8.42, which is 48% below median its 10-year median of 16.21 and 262.9% 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 S2 Resources (ASX:S2R), the current Quick Ratio is 8.42 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.
S2 Resources Ltd is engaged in mineral exploration. The company operates in three segments which are Finland exploration activities, Australia exploration activities, and Unallocated. The Finland exploration activities include the exploration and evaluation of mineral tenements in Central Lapland; and the Australia exploration activities include the exploration and evaluation of mineral tenements in Western Australia, New South Wales, and Victoria. The Unallocated segment includes the cost of storage of exploration equipment in the United States. The company's projects include Greater Fosterville, Jillewarra gold and base metal project, Polar Bear nickel project, West Murchison base metal project, and others. It explores copper, zinc, gold, nickel, and platinum metals.
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