Western Mines GroupASX:WMG +5.26%26 Quick Ratio is 4.74 as of Dec. 2025, which is 7% above its 10-year median of 4.45. GuruFocus rates ASX:WMG with a GF Score™ of 26/100. Among 2,637 Metals & Mining companies, Western Mines Group ranks better than 65.45% on this metric.
Western Mines Group has a quick ratio of 4.74. It generally indicates good short-term financial strength.
The historical rank and industry rank for Western Mines Group's Quick Ratio or its related term are showing as below:
ASX:WMG'
s Quick Ratio Range Over the Past 10 Years
Min: 1.18 Med: 4.45 Max: 21.34
Current: 4.74
During the past 5 years, Western Mines Group's highest Quick Ratio was 21.34. The lowest was 1.18. And the median was 4.45.
ASX:WMG's Quick Ratio is ranked better than 65.45% of 2637
companies
in the Metals & Mining industry
Industry Median: 2.32
vs ASX:WMG: 4.74
Western Mines Group (ASX:WMG) 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.
Western Mines Group Quick Ratio Related Terms
Western Mines Group Quick Ratio Historical Data
* Premium members only.
The historical data trend for Western Mines Group'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 Gold subindustry, Western Mines Group'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.
Western Mines Group Quick Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Western Mines Group's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Western Mines Group'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.
Western Mines Group'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.
Western Mines Group (ASX:WMG) has a Quick Ratio of 4.74 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Western Mines Group and its competitors. This is near median its historical median of 4.45. Over the past decade, Western Mines Group's Quick Ratio has ranged from 1.18 to 21.34. According to the industry distribution chart, Western Mines Group ranks #911 out of 2637 companies in the Metals & Mining industry, placing it in the top 34.5%.
Is Western Mines Group's Quick Ratio too high?
Western Mines Group's current Quick Ratio of 4.74 is near median its 10-year median of 4.45. Over the past 10 years, this metric has ranged from a low of 1.18 to a high of 21.34. The Metals & Mining industry median Quick Ratio is 2.32. Western Mines Group's value of 4.74 is 104.3% above this industry median. Based on the distribution chart, Western Mines Group ranks #911 out of 2637 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Western Mines Group has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Western Mines Group's Quick Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Western Mines Group ranks #911 out of 2637 companies for Quick Ratio. This puts Western Mines Group in the upper half of its industry. The industry median Quick Ratio is 2.32. Western Mines Group's value of 4.74 is 104.3% above this benchmark. Historically, Western Mines Group's own Quick Ratio has ranged from 1.18 to 21.34 over the past decade. While the company's 10-year median is 4.45 vs. the industry median of 2.32, Western Mines Group 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. Western Mines Group's current Quick Ratio of 4.74 is 104.3% 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 Western Mines Group 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. Western Mines Group's current Quick Ratio is 4.74, which is near median its own 10-year median of 4.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Mines Group stock overvalued right now?
Western Mines Group (ASX:WMG) has a current Quick Ratio of 4.74. The current Quick Ratio is 4.74, which is near median its 10-year median of 4.45 and 104.3% above the Metals & Mining industry median of 2.32. Western Mines Group's overall GF Score™ is 26/100. 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 Western Mines Group (ASX:WMG), the current Quick Ratio is 4.74 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.
Western Mines Group Ltd is a mineral exploration company based in Western Australia. It focuses on exploring for gold and nickel sulphide deposits across various prospective projects located in several mineral belts of the region. Some of its projects include Mulga Tank Ni-Cu-PGE Project, Melita Gold Project, Jasper Hill Gold Project, Youanmi Gold Project, Pavarotti Ni-Cu-PGE Project, Rock of Ages Gold Project, Broken Hill Bore Gold Project, and Pinyalling Gold Project. The company's primary project centers on an ultramafic complex known for nickel, cobalt, copper, and platinum group elements. Western Mines Group aims to discover and develop mineral resources to create long-term value through its portfolio of exploration initiatives. The company operates within Australia's mining sector.
26GF Score
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