Platinum Group MetalsFRA:P6MB -0.96%30 Quick Ratio is 26.74 as of Feb. 2026, which is 816% above its 10-year median of 2.92. GuruFocus rates FRA:P6MB with a GF Score™ of 30/100. The stock has 1 warning sign investors should review. Among 2,638 Metals & Mining companies, Platinum Group Metals ranks better than 92.19% on this metric.
Platinum Group Metals has a quick ratio of 26.74. It generally indicates good short-term financial strength.
The historical rank and industry rank for Platinum Group Metals's Quick Ratio or its related term are showing as below:
FRA:P6MB'
s Quick Ratio Range Over the Past 10 Years
Min: 0.04 Med: 2.92 Max: 38.34
Current: 26.75
During the past 13 years, Platinum Group Metals's highest Quick Ratio was 38.34. The lowest was 0.04. And the median was 2.92.
FRA:P6MB's Quick Ratio is ranked better than 92.19% of 2638
companies
in the Metals & Mining industry
Industry Median: 2.32
vs FRA:P6MB: 26.75
Platinum Group Metals (FRA:P6MB) 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.
Platinum Group Metals Quick Ratio Related Terms
Platinum Group Metals Quick Ratio Historical Data
* Premium members only.
The historical data trend for Platinum Group 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.
For the Other Precious Metals & Mining subindustry, Platinum Group 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.
Platinum Group Metals Quick Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Platinum Group Metals's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Platinum Group Metals'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.
Platinum Group Metals's Quick Ratio for the fiscal year that ended in Aug. 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.
Platinum Group Metals (FRA:P6MB) has a Quick Ratio of 26.74 as of Feb. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Platinum Group Metals and its competitors. This is 816% above median its historical median of 2.92. Over the past decade, Platinum Group Metals' Quick Ratio has ranged from 0.04 to 38.34. According to the industry distribution chart, Platinum Group Metals ranks #206 out of 2638 companies in the Metals & Mining industry, placing it in the top 7.8%.
Is Platinum Group Metals' Quick Ratio too high?
Platinum Group Metals' current Quick Ratio of 26.74 is 816% above median its 10-year median of 2.92. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 38.34. The Metals & Mining industry median Quick Ratio is 2.32. Platinum Group Metals' value of 26.74 is 1052.6% above this industry median. Based on the distribution chart, Platinum Group Metals ranks #206 out of 2638 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Platinum Group Metals has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Platinum Group Metals' Quick Ratio compare to HL?
According to the Metals & Mining industry distribution chart, Platinum Group Metals ranks #206 out of 2638 companies for Quick Ratio. This places Platinum Group Metals in the top 8% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 2.32. Platinum Group Metals' value of 26.74 is 1052.6% above this benchmark. Historically, Platinum Group Metals' own Quick Ratio has ranged from 0.04 to 38.34 over the past decade. While the company's 10-year median is 2.92 vs. the industry median of 2.32, Platinum Group 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 2,638 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. Platinum Group Metals's current Quick Ratio of 26.74 is 1052.6% 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 Platinum Group 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. Platinum Group Metals's current Quick Ratio is 26.74, which is 816% above median its own 10-year median of 2.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Platinum Group Metals stock overvalued right now?
Platinum Group Metals (FRA:P6MB) has a current Quick Ratio of 26.74. The current Quick Ratio is 26.74, which is 816% above median its 10-year median of 2.92 and 1052.6% above the Metals & Mining industry median of 2.32. Platinum Group Metals' overall GF Score™ is 30/100 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 Platinum Group Metals (FRA:P6MB), the current Quick Ratio is 26.74 as of Feb. 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.
Platinum Group Metals Ltd is a development-stage company, conducts work on mineral properties it has staked or acquired by way of option agreements in the Republic of South Africa. Key metals of economic interest on the company's mineral properties include platinum, palladium, rhodium, gold, copper, and nickel. The company operates in one segment, the development of the Waterberg Project in South Africa, and geographically in Canada and South Africa.
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