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Canstar ResourcesFRA:9IU +13.21%22 Quick Ratio is 1.31 as of Mar. 2026, which is 57% below its 10-year median of 3.05. GuruFocus rates FRA:9IU with a GF Score™ of 22/100. The stock has 2 warning signs investors should review. Among 2,634 Metals & Mining companies, Canstar Resources ranks worse than 62.91% on this metric.
Canstar Resources has a quick ratio of 1.31. It generally indicates good short-term financial strength.
The historical rank and industry rank for Canstar Resources's Quick Ratio or its related term are showing as below:
FRA:9IU'
s Quick Ratio Range Over the Past 10 Years
Min: 0.42 Med: 3.05 Max: 27.26
Current: 1.31
During the past 13 years, Canstar Resources's highest Quick Ratio was 27.26. The lowest was 0.42. And the median was 3.05.
FRA:9IU's Quick Ratio is ranked worse than 62.91% of 2634
companies
in the Metals & Mining industry
Industry Median: 2.305
vs FRA:9IU: 1.31
Canstar Resources (FRA:9IU) 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.
Canstar Resources Quick Ratio Related Terms
Canstar Resources Quick Ratio Historical Data
* Premium members only.
The historical data trend for Canstar 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.
Canstar Resources Quick Ratio Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Canstar 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.
Canstar Resources Quick Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Canstar Resources's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Canstar 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.
Canstar Resources'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.
Canstar Resources (FRA:9IU) has a Quick Ratio of 1.31 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Canstar Resources and its competitors. This is 57% below median its historical median of 3.05. Over the past decade, Canstar Resources' Quick Ratio has ranged from 0.42 to 27.26. According to the industry distribution chart, Canstar Resources ranks #1657 out of 2634 companies in the Metals & Mining industry, placing it in the top 62.9%.
Is Canstar Resources' Quick Ratio too high?
Canstar Resources' current Quick Ratio of 1.31 is 57% below median its 10-year median of 3.05. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 27.26. The Metals & Mining industry median Quick Ratio is 2.31. Canstar Resources' value of 1.31 is 43.2% below this industry median. Based on the distribution chart, Canstar Resources ranks #1657 out of 2634 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Canstar Resources has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Canstar Resources' Quick Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Canstar Resources ranks #1657 out of 2634 companies for Quick Ratio. This places Canstar Resources in the lower half of its industry. The industry median Quick Ratio is 2.31. Canstar Resources' value of 1.31 is 43.2% below this benchmark. Historically, Canstar Resources' own Quick Ratio has ranged from 0.42 to 27.26 over the past decade. While the company's 10-year median is 3.05 vs. the industry median of 2.31, Canstar Resources has consistently been below 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 2.31, based on 2,634 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. Canstar Resources's current Quick Ratio of 1.31 is 43.2% below 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 Canstar Resources and its competitors. For the Metals & Mining industry, the median Quick Ratio is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canstar Resources's current Quick Ratio is 1.31, which is 57% below median its own 10-year median of 3.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canstar Resources stock overvalued right now?
Canstar Resources (FRA:9IU) has a current Quick Ratio of 1.31. The current Quick Ratio is 1.31, which is 57% below median its 10-year median of 3.05 and 43.2% below the Metals & Mining industry median of 2.31. Canstar Resources' overall GF Score™ is 22/100 with 2 warning signs 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 Canstar Resources (FRA:9IU), the current Quick Ratio is 1.31 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.
Canstar Resources Inc is focused on creating shareholder value through the discovery and development of economic mineral deposits in Newfoundland and Labrador, Canada. The company has interest in the Golden Baie Project in south-central Newfoundland and Buchans-Mary March project and other mineral exploration properties in Newfoundland.
22GF Score
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