Anglogold Ashanti (FRA:HT3) Quick Ratio: 2.11 (As of Mar. 2026) — 51% Above Median


FRA:HT3 Anglogold Ashanti PLC FRA:HT3
84 GF Score
Price €70.00
GF Value €48.77
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Anglogold Ashanti Quick Ratio?

Anglogold Ashanti FRA:HT3 -2.89% 84 Quick Ratio is 2.11 as of Mar. 2026, which is 51% above its 10-year median of 1.40. GuruFocus rates FRA:HT3 with a GF Score™ of 84/100 and a GF Value™ of €48.77 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,638 Metals & Mining companies, Anglogold Ashanti ranks worse than 52.2% 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. Anglogold Ashanti's quick ratio for the quarter that ended in Mar. 2026 was 2.11.

Anglogold Ashanti has a quick ratio of 2.11. It generally indicates good short-term financial strength.

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

FRA:HT3' s Quick Ratio Range Over the Past 10 Years
Min: 0.43   Med: 1.4   Max: 2.22
Current: 2.11

During the past 13 years, Anglogold Ashanti's highest Quick Ratio was 2.22. The lowest was 0.43. And the median was 1.40.

FRA:HT3's Quick Ratio is ranked worse than
52.2% of 2638 companies
in the Metals & Mining industry
Industry Median: 2.32 vs FRA:HT3: 2.11

Anglogold Ashanti  (FRA:HT3) 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.


Anglogold Ashanti Quick Ratio Related Terms


Anglogold Ashanti Quick Ratio Historical Data

* Premium members only.

The historical data trend for Anglogold Ashanti'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.

Anglogold Ashanti Quick Ratio Chart

Anglogold Ashanti Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.74 1.55 1.05 1.37 2.21

Anglogold Ashanti Quarterly Data
Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.57 2.22 1.98 2.21 2.11

FRA:HT3 vs CDE, RGLD, AUGO: Quick Ratio Comparison

For the Gold subindustry, Anglogold Ashanti'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.


Anglogold Ashanti Quick Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Anglogold Ashanti's Quick Ratio falls into.


FRA:HT3
84GF Score
Anglogold Ashanti PLC FRA:HT3
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Anglogold Ashanti 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.

Anglogold Ashanti's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(3971.954-918.904)/1383.48
=2.21

Anglogold Ashanti'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
=(4144.215-911.71)/1531.05
=2.11

* 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 2.11 mean?
Anglogold Ashanti (FRA:HT3) has a Quick Ratio of 2.11 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Anglogold Ashanti and its competitors. This is 51% above median its historical median of 1.40. Over the past decade, Anglogold Ashanti's Quick Ratio has ranged from 0.43 to 2.22. According to the industry distribution chart, Anglogold Ashanti ranks #1377 out of 2638 companies in the Metals & Mining industry, placing it in the top 52.2%.
Is Anglogold Ashanti's Quick Ratio too high?
Anglogold Ashanti's current Quick Ratio of 2.11 is 51% above median its 10-year median of 1.40. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 2.22. The Metals & Mining industry median Quick Ratio is 2.32. Anglogold Ashanti's value of 2.11 is 9.1% below this industry median. Based on the distribution chart, Anglogold Ashanti ranks #1377 out of 2638 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Anglogold Ashanti has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Anglogold Ashanti's Quick Ratio compare to CDE and RGLD?
According to the Metals & Mining industry distribution chart, Anglogold Ashanti ranks #1377 out of 2638 companies for Quick Ratio. This places Anglogold Ashanti in the lower half of its industry. The industry median Quick Ratio is 2.32. Anglogold Ashanti's value of 2.11 is 9.1% below this benchmark. Historically, Anglogold Ashanti's own Quick Ratio has ranged from 0.43 to 2.22 over the past decade. While the company's 10-year median is 1.40 vs. the industry median of 2.32, Anglogold Ashanti 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 2.32, 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. Anglogold Ashanti's current Quick Ratio of 2.11 is 9.1% 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 Anglogold Ashanti 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. Anglogold Ashanti's current Quick Ratio is 2.11, which is 51% above median its own 10-year median of 1.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anglogold Ashanti stock overvalued right now?
Based on GuruFocus' analysis, Anglogold Ashanti (FRA:HT3) is currently considered Significantly Overvalued. The stock's GF Value™ is €48.77, compared to a current price of €70.00 — trading 43.5% above its estimated fair value. The current Quick Ratio is 2.11, which is 51% above median its 10-year median of 1.40 and 9.1% below the Metals & Mining industry median of 2.32. Anglogold Ashanti's overall GF Score™ is 84/100 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 Anglogold Ashanti (FRA:HT3), the current Quick Ratio is 2.11 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.

Is Anglogold Ashanti (FRA:HT3) Overvalued in 2026?

Based on GuruFocus' analysis, Anglogold Ashanti stock appears to be overvalued. The current stock price of €70.00 is trading 43.5% above its estimated GF Value™ of €48.77. GuruFocus considers Anglogold Ashanti to be Significantly Overvalued.

Key valuation signals for FRA:HT3:

  • Quick Ratio: 2.11 (51% above median its 10-year median of 1.40)
  • GF Value™: €48.77 vs. price of €70.00 (43.5% above fair value)
  • GF Score™: 84/100 with 2 warning signs
  • Industry Position: 9.1% below the Metals & Mining median (#1377 of 2638)

No single metric tells the full story. See the FRA:HT3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Anglogold Ashanti Business Description

Address 6363 S Fiddlers Green Circle, Suite 1000, Greenwood Village, Denver, CO, USA, 80111
Anglogold Ashanti PLC is an independent gold mining company. It has a diversified asset portfolio, including production from operations in eight countries (Argentina, Australia, Brazil, Egypt, Ghana, Guinea, the DRC, and Tanzania), supported by greenfield projects in the United States and Colombia. The company's main product is gold, which once mined, is processed into dore (unrefined gold bars) on site and then dispatched to precious metals refineries. Geographically, Anglogold generates maximum revenue from its operations in Africa (comprising operations at Kibali, Iduapriem, Obuasi, Siguiri, Geita, and Sukari mines), followed by Australia (including Sunrise Dam and Tropicana), and the Americas (comprising Cerro Vanguardia, AngloGold Ashanti Mineracao, and Serra Grande operations).
84GF Score

Get the complete analysis for FRA:HT3

Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€70.00
Price
€48.77
GF Value