Fox TungstenFRA:1HC0 -3.61%23 Quick Ratio is 4.28 as of Apr. 2026, which is 46% below its 10-year median of 7.94. GuruFocus rates FRA:1HC0 with a GF Score™ of 23/100. The stock has 1 warning sign investors should review. Among 2,636 Metals & Mining companies, Fox Tungsten ranks better than 63.35% 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. Fox Tungsten's quick ratio for the quarter that ended in Apr. 2026 was 4.28.
Fox Tungsten has a quick ratio of 4.28. It generally indicates good short-term financial strength.
The historical rank and industry rank for Fox Tungsten's Quick Ratio or its related term are showing as below:
FRA:1HC0'
s Quick Ratio Range Over the Past 10 Years
Min: 0.14 Med: 7.94 Max: 54.13
Current: 4.28
During the past 13 years, Fox Tungsten's highest Quick Ratio was 54.13. The lowest was 0.14. And the median was 7.94.
FRA:1HC0's Quick Ratio is ranked better than 63.35% of 2636
companies
in the Metals & Mining industry
Industry Median: 2.325
vs FRA:1HC0: 4.28
Fox Tungsten (FRA:1HC0) 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.
Fox Tungsten Quick Ratio Related Terms
Fox Tungsten Quick Ratio Historical Data
* Premium members only.
The historical data trend for Fox Tungsten'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 Industrial Metals & Mining subindustry, Fox Tungsten'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.
Fox Tungsten Quick Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Fox Tungsten's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Fox Tungsten'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.
Fox Tungsten's Quick Ratio for the fiscal year that ended in Jan. 2026 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.
Fox Tungsten (FRA:1HC0) has a Quick Ratio of 4.28 as of Apr. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Fox Tungsten and its competitors. This is 46% below median its historical median of 7.94. Over the past decade, Fox Tungsten's Quick Ratio has ranged from 0.14 to 54.13. According to the industry distribution chart, Fox Tungsten ranks #966 out of 2636 companies in the Metals & Mining industry, placing it in the top 36.6%.
Is Fox Tungsten's Quick Ratio too high?
Fox Tungsten's current Quick Ratio of 4.28 is 46% below median its 10-year median of 7.94. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 54.13. The Metals & Mining industry median Quick Ratio is 2.33. Fox Tungsten's value of 4.28 is 84.1% above this industry median. Based on the distribution chart, Fox Tungsten ranks #966 out of 2636 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Fox Tungsten has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Fox Tungsten's Quick Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Fox Tungsten ranks #966 out of 2636 companies for Quick Ratio. This puts Fox Tungsten in the upper half of its industry. The industry median Quick Ratio is 2.33. Fox Tungsten's value of 4.28 is 84.1% above this benchmark. Historically, Fox Tungsten's own Quick Ratio has ranged from 0.14 to 54.13 over the past decade. While the company's 10-year median is 7.94 vs. the industry median of 2.33, Fox Tungsten 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 2.33, based on 2,636 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. Fox Tungsten's current Quick Ratio of 4.28 is 84.1% 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 Fox Tungsten and its competitors. For the Metals & Mining industry, the median Quick Ratio is 2.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fox Tungsten's current Quick Ratio is 4.28, which is 46% below median its own 10-year median of 7.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fox Tungsten stock overvalued right now?
Fox Tungsten (FRA:1HC0) has a current Quick Ratio of 4.28. The current Quick Ratio is 4.28, which is 46% below median its 10-year median of 7.94 and 84.1% above the Metals & Mining industry median of 2.33. Fox Tungsten's overall GF Score™ is 23/100 with 1 warning sign to review. 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 Fox Tungsten (FRA:1HC0), the current Quick Ratio is 4.28 as of Apr. 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.
Fox Tungsten Ltd is engaged in the exploration and development of mineral properties. The Company is focused on North America's high-grade tungsten projects, positioned in British Columbia's South Cariboo region. Its properties include the Cariboo Mineral Property and the Highland Valley Mineral Property.
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