EGRAY (Energy Resources of Australia) Quick Ratio: 1.75 (As of Dec. 2025)— 24% Below Median
What is Energy Resources of Australia Quick Ratio?
Energy Resources of AustraliaEGRAY -96.25% Quick Ratio is 1.75 as of Dec. 2025, which is 24% below its 10-year median of 2.29. The stock has 4 warning signs investors should review. Among 184 Other Energy Sources companies, Energy Resources of Australia ranks better than 50.54% on this metric.
Energy Resources of Australia has a quick ratio of 1.75. It generally indicates good short-term financial strength.
The historical rank and industry rank for Energy Resources of Australia's Quick Ratio or its related term are showing as below:
EGRAY'
s Quick Ratio Range Over the Past 10 Years
Min: 0.16 Med: 2.29 Max: 4.58
Current: 1.75
During the past 13 years, Energy Resources of Australia's highest Quick Ratio was 4.58. The lowest was 0.16. And the median was 2.29.
EGRAY's Quick Ratio is ranked better than 50.54% of 184
companies
in the Other Energy Sources industry
Industry Median: 1.665
vs EGRAY: 1.75
Energy Resources of Australia (OTCPK:EGRAY) 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.
Energy Resources of Australia Quick Ratio Related Terms
Energy Resources of Australia Quick Ratio Historical Data
* 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 Uranium subindustry, Energy Resources of Australia'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.
Energy Resources of Australia Quick Ratio vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Energy Resources of Australia's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Energy Resources of Australia's Quick Ratio falls into.
Energy Resources of Australia 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.
* 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.
Energy Resources of Australia (EGRAY) has a Quick Ratio of 1.75 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Energy Resources of Australia and its competitors. This is 24% below median its historical median of 2.29. Over the past decade, Energy Resources of Australia's Quick Ratio has ranged from 0.16 to 4.58. According to the industry distribution chart, Energy Resources of Australia ranks #91 out of 184 companies in the Other Energy Sources industry, placing it in the top 49.5%.
Is Energy Resources of Australia's Quick Ratio too high?
Energy Resources of Australia's current Quick Ratio of 1.75 is 24% below median its 10-year median of 2.29. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 4.58. The Other Energy Sources industry median Quick Ratio is 1.67. Energy Resources of Australia's value of 1.75 is 5.1% above this industry median. Based on the distribution chart, Energy Resources of Australia ranks #91 out of 184 companies in the Other Energy Sources industry, which is above the industry midpoint.
How does Energy Resources of Australia's Quick Ratio compare to UEC and LEU?
According to the Other Energy Sources industry distribution chart, Energy Resources of Australia ranks #91 out of 184 companies for Quick Ratio. This puts Energy Resources of Australia in the upper half of its industry. The industry median Quick Ratio is 1.67. Energy Resources of Australia's value of 1.75 is 5.1% above this benchmark. Historically, Energy Resources of Australia's own Quick Ratio has ranged from 0.16 to 4.58 over the past decade. While the company's 10-year median is 2.29 vs. the industry median of 1.67, Energy Resources of Australia 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 an Other Energy Sources company?
The median Quick Ratio among Other Energy Sources companies is 1.67, based on 184 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. Energy Resources of Australia's current Quick Ratio of 1.75 is 5.1% 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 Energy Resources of Australia and its competitors. For the Other Energy Sources industry, the median Quick Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Energy Resources of Australia's current Quick Ratio is 1.75, which is 24% below median its own 10-year median of 2.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Energy Resources of Australia stock overvalued right now?
Based on GuruFocus' analysis, Energy Resources of Australia (EGRAY) is currently considered Possible Value Trap. The stock's GF Value™ is $0.05, compared to a current price of $0.01 — trading 85% below its estimated fair value. The current Quick Ratio is 1.75, which is 24% below median its 10-year median of 2.29 and 5.1% above the Other Energy Sources industry median of 1.67. 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 Energy Resources of Australia (EGRAY), the current Quick Ratio is 1.75 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.
Energy Resources of Australia Business Description
Energy Resources of Australia Ltd (ERA) is a uranium mining company based in Australia. It is currently focused on the site rehabilitation of the Ranger Project Area.
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