Axo Metals (FRA:0TO0) Quick Ratio: 7.83 (As of Mar. 2026) — 34% Above Median


FRA:0TO0 Axo Metals Corp FRA:0TO0
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What is Axo Metals Quick Ratio?

Axo Metals FRA:0TO0 +1.56% 20 Quick Ratio is 7.83 as of Mar. 2026, which is 34% above its 10-year median of 5.86. GuruFocus rates FRA:0TO0 with a GF Score™ of 20/100. Among 2,637 Metals & Mining companies, Axo Metals ranks better than 75.35% 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. Axo Metals's quick ratio for the quarter that ended in Mar. 2026 was 7.83.

Axo Metals has a quick ratio of 7.83. It generally indicates good short-term financial strength.

The historical rank and industry rank for Axo Metals's Quick Ratio or its related term are showing as below:

FRA:0TO0' s Quick Ratio Range Over the Past 10 Years
Min: 1.52   Med: 5.86   Max: 9.06
Current: 7.83

During the past 4 years, Axo Metals's highest Quick Ratio was 9.06. The lowest was 1.52. And the median was 5.86.

FRA:0TO0's Quick Ratio is ranked better than
75.35% of 2637 companies
in the Metals & Mining industry
Industry Median: 2.32 vs FRA:0TO0: 7.83

Axo Metals  (FRA:0TO0) 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.


Axo Metals Quick Ratio Related Terms


Axo Metals Quick Ratio Historical Data

* Premium members only.

The historical data trend for Axo Metals'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.

Axo Metals Quick Ratio Chart

Axo Metals Annual Data
Trend Jun22 Jun23 Jun24 Jun25
Quick Ratio
0.00 4.88 9.05 7.26

Axo Metals Quarterly Data
Jun22 Jun23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.52 7.26 6.83 4.87 7.83

FRA:0TO0 vs SCCO, FCX: Quick Ratio Comparison

For the Copper subindustry, Axo Metals'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.


Axo Metals Quick Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Axo Metals's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Axo Metals's Quick Ratio falls into.


FRA:0TO0
20GF Score
Axo Metals Corp FRA:0TO0
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Axo Metals 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.

Axo Metals's Quick Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Quick Ratio (A: Jun. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(6.625-0)/0.912
=7.26

Axo Metals's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(24.083-0.06)/3.068
=7.83

* 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.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 7.83 mean?
Axo Metals (FRA:0TO0) has a Quick Ratio of 7.83 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Axo Metals and its competitors. This is 34% above median its historical median of 5.86. Over the past decade, Axo Metals' Quick Ratio has ranged from 1.52 to 9.06. According to the industry distribution chart, Axo Metals ranks #650 out of 2637 companies in the Metals & Mining industry, placing it in the top 24.6%.
Is Axo Metals' Quick Ratio too high?
Axo Metals' current Quick Ratio of 7.83 is 34% above median its 10-year median of 5.86. Over the past 10 years, this metric has ranged from a low of 1.52 to a high of 9.06. The Metals & Mining industry median Quick Ratio is 2.32. Axo Metals' value of 7.83 is 237.5% above this industry median. Based on the distribution chart, Axo Metals ranks #650 out of 2637 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Axo Metals has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Axo Metals' Quick Ratio compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Axo Metals ranks #650 out of 2637 companies for Quick Ratio. This places Axo Metals in the top 25% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 2.32. Axo Metals' value of 7.83 is 237.5% above this benchmark. Historically, Axo Metals' own Quick Ratio has ranged from 1.52 to 9.06 over the past decade. While the company's 10-year median is 5.86 vs. the industry median of 2.32, Axo Metals 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. Axo Metals's current Quick Ratio of 7.83 is 237.5% 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 Axo Metals 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. Axo Metals's current Quick Ratio is 7.83, which is 34% above median its own 10-year median of 5.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axo Metals stock overvalued right now?
Axo Metals (FRA:0TO0) has a current Quick Ratio of 7.83. The current Quick Ratio is 7.83, which is 34% above median its 10-year median of 5.86 and 237.5% above the Metals & Mining industry median of 2.32. Axo Metals' overall GF Score™ is 20/100. 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 Axo Metals (FRA:0TO0), the current Quick Ratio is 7.83 as of Mar. 2026. 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.

Axo Metals Business Description

Other Exchanges AXO:Canada
Address 2446 Purcells Cove Road, Halifax, NS, CAN, B3P 2E6
Axo Metals Corp is a Canadian mineral exploration company engaged in the exploration and development in Mexico. The Company holds two projects. The San Antonio project is located in the state of Sonora, and is in development. Axo's second project is the La Huerta property, a new copper discovery in Jalisco, Mexico. Initial exploration has yielded high-grade copper both at surface through sampling programs, and at depth through initial drilling.
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