Taruga MineralsASX:TAR -2.50% Quick Ratio is 4.77 as of Dec. 2025, which is 64% below its 10-year median of 13.21. Among 2,638 Metals & Mining companies, Taruga Minerals ranks better than 65.5% 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. Taruga Minerals's quick ratio for the quarter that ended in Dec. 2025 was 4.77.
Taruga Minerals has a quick ratio of 4.77. It generally indicates good short-term financial strength.
The historical rank and industry rank for Taruga Minerals's Quick Ratio or its related term are showing as below:
ASX:TAR'
s Quick Ratio Range Over the Past 10 Years
Min: 4.77 Med: 13.21 Max: 60.63
Current: 4.77
During the past 13 years, Taruga Minerals's highest Quick Ratio was 60.63. The lowest was 4.77. And the median was 13.21.
ASX:TAR's Quick Ratio is ranked better than 65.5% of 2638
companies
in the Metals & Mining industry
Industry Median: 2.32
vs ASX:TAR: 4.77
Taruga Minerals (ASX:TAR) 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.
Taruga Minerals Quick Ratio Related Terms
Taruga Minerals Quick Ratio Historical Data
* Premium members only.
The historical data trend for Taruga 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.
For the Other Precious Metals & Mining subindustry, Taruga 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.
Taruga Minerals Quick Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Taruga Minerals's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Taruga 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.
Taruga 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.
Taruga Minerals (ASX:TAR) has a Quick Ratio of 4.77 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Taruga Minerals and its competitors. This is 64% below median its historical median of 13.21. Over the past decade, Taruga Minerals' Quick Ratio has ranged from 4.77 to 60.63. According to the industry distribution chart, Taruga Minerals ranks #910 out of 2638 companies in the Metals & Mining industry, placing it in the top 34.5%.
Is Taruga Minerals' Quick Ratio too high?
Taruga Minerals' current Quick Ratio of 4.77 is 64% below median its 10-year median of 13.21. Over the past 10 years, this metric has ranged from a low of 4.77 to a high of 60.63. The Metals & Mining industry median Quick Ratio is 2.32. Taruga Minerals' value of 4.77 is 105.6% above this industry median. Based on the distribution chart, Taruga Minerals ranks #910 out of 2638 companies in the Metals & Mining industry, which is above the industry midpoint.
How does Taruga Minerals' Quick Ratio compare to HL?
According to the Metals & Mining industry distribution chart, Taruga Minerals ranks #910 out of 2638 companies for Quick Ratio. This puts Taruga Minerals in the upper half of its industry. The industry median Quick Ratio is 2.32. Taruga Minerals' value of 4.77 is 105.6% above this benchmark. Historically, Taruga Minerals' own Quick Ratio has ranged from 4.77 to 60.63 over the past decade. While the company's 10-year median is 13.21 vs. the industry median of 2.32, Taruga 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. Taruga Minerals's current Quick Ratio of 4.77 is 105.6% 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 Taruga 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. Taruga Minerals's current Quick Ratio is 4.77, which is 64% below median its own 10-year median of 13.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taruga Minerals stock overvalued right now?
Taruga Minerals (ASX:TAR) has a current Quick Ratio of 4.77. The current Quick Ratio is 4.77, which is 64% below median its 10-year median of 13.21 and 105.6% 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 Taruga Minerals (ASX:TAR), the current Quick Ratio is 4.77 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.
Taruga Minerals Ltd is engaged in greenfields exploration activities, holding a portfolio of projects focused on base metals, precious metals, and rare earth elements (REE). Its exploration projects are located in Western Australia's Gascoyne Province and northern Yilgarn Craton, as well as South Australia's Gawler Craton and Adelaide Fold Belt. The company operates in one reportable segment, being the exploration of minerals in Australia. Its projects include the Flinders IOCG Project, the Mt Craig Copper Project, the Torrens IOCG Project, the Manjimup Base Metal Project, and Others.
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