Eloro ResourcesELRRF +3.97%37 Quick Ratio is 6.50 as of Dec. 2025, which is 328% above its 10-year median of 1.52. GuruFocus rates ELRRF with a GF Score™ of 37/100. Among 2,638 Metals & Mining companies, Eloro Resources ranks better than 71.99% 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. Eloro Resources's quick ratio for the quarter that ended in Dec. 2025 was 6.50.
Eloro Resources has a quick ratio of 6.50. It generally indicates good short-term financial strength.
The historical rank and industry rank for Eloro Resources's Quick Ratio or its related term are showing as below:
ELRRF'
s Quick Ratio Range Over the Past 10 Years
Min: 0.22 Med: 1.52 Max: 21.95
Current: 6.5
During the past 13 years, Eloro Resources's highest Quick Ratio was 21.95. The lowest was 0.22. And the median was 1.52.
ELRRF's Quick Ratio is ranked better than 71.99% of 2638
companies
in the Metals & Mining industry
Industry Median: 2.32
vs ELRRF: 6.50
Eloro Resources (OTCPK:ELRRF) 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.
Eloro Resources Quick Ratio Related Terms
Eloro Resources Quick Ratio Historical Data
* Premium members only.
The historical data trend for Eloro 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 Gold subindustry, Eloro 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.
Eloro Resources Quick Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Eloro Resources's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Eloro 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.
Eloro Resources's Quick Ratio for the fiscal year that ended in Mar. 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.
Eloro Resources (ELRRF) has a Quick Ratio of 6.50 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Eloro Resources and its competitors. This is 328% above median its historical median of 1.52. Over the past decade, Eloro Resources' Quick Ratio has ranged from 0.22 to 21.95. According to the industry distribution chart, Eloro Resources ranks #739 out of 2638 companies in the Metals & Mining industry, placing it in the top 28%.
Is Eloro Resources' Quick Ratio too high?
Eloro Resources' current Quick Ratio of 6.50 is 328% above median its 10-year median of 1.52. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 21.95. The Metals & Mining industry median Quick Ratio is 2.32. Eloro Resources' value of 6.50 is 180.2% above this industry median. Based on the distribution chart, Eloro Resources ranks #739 out of 2638 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Eloro Resources has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Eloro Resources' Quick Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Eloro Resources ranks #739 out of 2638 companies for Quick Ratio. This puts Eloro Resources in the upper half of its industry. The industry median Quick Ratio is 2.32. Eloro Resources' value of 6.50 is 180.2% above this benchmark. Historically, Eloro Resources' own Quick Ratio has ranged from 0.22 to 21.95 over the past decade. While the company's 10-year median is 1.52 vs. the industry median of 2.32, Eloro 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. Eloro Resources's current Quick Ratio of 6.50 is 180.2% 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 Eloro 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. Eloro Resources's current Quick Ratio is 6.50, which is 328% above median its own 10-year median of 1.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eloro Resources stock overvalued right now?
Eloro Resources (ELRRF) has a current Quick Ratio of 6.50. The current Quick Ratio is 6.50, which is 328% above median its 10-year median of 1.52 and 180.2% above the Metals & Mining industry median of 2.32. Eloro Resources' overall GF Score™ is 37/100. 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 Eloro Resources (ELRRF), the current Quick Ratio is 6.50 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.
Eloro Resources Ltd is an exploration and mine development company with a portfolio of gold-silver properties in Peru, a polymetallic property in Bolivia, and base metal properties in Quebec. The company has an option to acquire a ninety-nine percent interest in the Iska Iska Property located in southern Bolivia, and owns an eighty-two percent interest in the La Victoria Gold/Silver Project located in the North-Central Mineral Belt of Peru. It has one reportable segment, which is mineral exploration.
37GF Score
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