Solstice MineralsASX:SLS +29.07%32 Quick Ratio is 20.94 as of Dec. 2025, which is 17% below its 10-year median of 25.20. GuruFocus rates ASX:SLS with a GF Score™ of 32/100. The stock has 2 warning signs investors should review. Among 2,638 Metals & Mining companies, Solstice Minerals ranks better than 89.23% on this metric.
Solstice Minerals has a quick ratio of 20.94. It generally indicates good short-term financial strength.
The historical rank and industry rank for Solstice Minerals's Quick Ratio or its related term are showing as below:
ASX:SLS'
s Quick Ratio Range Over the Past 10 Years
Min: 14.21 Med: 25.2 Max: 173.45
Current: 20.94
During the past 4 years, Solstice Minerals's highest Quick Ratio was 173.45. The lowest was 14.21. And the median was 25.20.
ASX:SLS's Quick Ratio is ranked better than 89.23% of 2638
companies
in the Metals & Mining industry
Industry Median: 2.32
vs ASX:SLS: 20.94
Solstice Minerals (ASX:SLS) 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.
Solstice Minerals Quick Ratio Related Terms
Solstice Minerals Quick Ratio Historical Data
* Premium members only.
The historical data trend for Solstice 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.
Solstice Minerals Quick Ratio Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Solstice 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.
Solstice Minerals Quick Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Solstice Minerals's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Solstice 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.
Solstice 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.
Solstice Minerals (ASX:SLS) has a Quick Ratio of 20.94 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Solstice Minerals and its competitors. This is 17% below median its historical median of 25.20. Over the past decade, Solstice Minerals' Quick Ratio has ranged from 14.21 to 173.45. According to the industry distribution chart, Solstice Minerals ranks #284 out of 2638 companies in the Metals & Mining industry, placing it in the top 10.8%.
Is Solstice Minerals' Quick Ratio too high?
Solstice Minerals' current Quick Ratio of 20.94 is 17% below median its 10-year median of 25.20. Over the past 10 years, this metric has ranged from a low of 14.21 to a high of 173.45. The Metals & Mining industry median Quick Ratio is 2.32. Solstice Minerals' value of 20.94 is 802.6% above this industry median. Based on the distribution chart, Solstice Minerals ranks #284 out of 2638 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Solstice Minerals has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Solstice Minerals' Quick Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Solstice Minerals ranks #284 out of 2638 companies for Quick Ratio. This places Solstice Minerals in the top 11% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 2.32. Solstice Minerals' value of 20.94 is 802.6% above this benchmark. Historically, Solstice Minerals' own Quick Ratio has ranged from 14.21 to 173.45 over the past decade. While the company's 10-year median is 25.20 vs. the industry median of 2.32, Solstice 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 2,638 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. Solstice Minerals's current Quick Ratio of 20.94 is 802.6% 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 Solstice 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. Solstice Minerals's current Quick Ratio is 20.94, which is 17% below median its own 10-year median of 25.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solstice Minerals stock overvalued right now?
Solstice Minerals (ASX:SLS) has a current Quick Ratio of 20.94. The current Quick Ratio is 20.94, which is 17% below median its 10-year median of 25.20 and 802.6% above the Metals & Mining industry median of 2.32. Solstice Minerals' overall GF Score™ is 32/100 with 2 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 Solstice Minerals (ASX:SLS), the current Quick Ratio is 20.94 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.
Solstice Minerals Ltd is engaged in mineral exploration and development. Solstice Minerals projects are the Yarri Project, Ringlock Project and Ponton Project. The company operates in Australia itself.
32GF Score
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