Transatlantic Mining (FRA:TMSA) Quick Ratio: 0.49 (As of Mar. 2026) — 11% Below Median


What is Transatlantic Mining Quick Ratio?

Transatlantic Mining FRA:TMSA +19.67% Quick Ratio is 0.49 as of Mar. 2026, which is 11% below its 10-year median of 0.55. The stock has 2 warning signs investors should review. Among 2,636 Metals & Mining companies, Transatlantic Mining ranks worse than 81.68% 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. Transatlantic Mining's quick ratio for the quarter that ended in Mar. 2026 was 0.49.

Transatlantic Mining has a quick ratio of 0.49. It indicates that the company cannot currently fully pay back its current liabilities.

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

FRA:TMSA' s Quick Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.55   Max: 2.15
Current: 0.49

During the past 13 years, Transatlantic Mining's highest Quick Ratio was 2.15. The lowest was 0.01. And the median was 0.55.

FRA:TMSA's Quick Ratio is ranked worse than
81.68% of 2636 companies
in the Metals & Mining industry
Industry Median: 2.325 vs FRA:TMSA: 0.49

Transatlantic Mining  (FRA:TMSA) 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.


Transatlantic Mining Quick Ratio Related Terms


Transatlantic Mining Quick Ratio Historical Data

* Premium members only.

The historical data trend for Transatlantic Mining'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.

Transatlantic Mining Quick Ratio Chart

Transatlantic Mining 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 1.43 0.76 0.59 0.50 0.52

Transatlantic Mining Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 0.63 0.66 0.58 0.52 0.49

Transatlantic Mining Quick Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Transatlantic Mining'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.


Transatlantic Mining Quick Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Transatlantic Mining's Quick Ratio falls into.



Transatlantic Mining 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.

Transatlantic Mining'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
=(1.751-0)/3.349
=0.52

Transatlantic Mining'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
=(1.7-0)/3.471
=0.49

* 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 0.49 mean?
Transatlantic Mining (FRA:TMSA) has a Quick Ratio of 0.49 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Transatlantic Mining and its competitors. This is 11% below median its historical median of 0.55. Over the past decade, Transatlantic Mining's Quick Ratio has ranged from 0.01 to 2.15. According to the industry distribution chart, Transatlantic Mining ranks #2153 out of 2636 companies in the Metals & Mining industry, placing it in the top 81.7%.
Is Transatlantic Mining's Quick Ratio too high?
Transatlantic Mining's current Quick Ratio of 0.49 is 11% below median its 10-year median of 0.55. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 2.15. The Metals & Mining industry median Quick Ratio is 2.33. Transatlantic Mining's value of 0.49 is 78.9% below this industry median. Based on the distribution chart, Transatlantic Mining ranks #2153 out of 2636 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Transatlantic Mining's Quick Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Transatlantic Mining ranks #2153 out of 2636 companies for Quick Ratio. This places Transatlantic Mining in the lower half of its industry. The industry median Quick Ratio is 2.33. Transatlantic Mining's value of 0.49 is 78.9% below this benchmark. Historically, Transatlantic Mining's own Quick Ratio has ranged from 0.01 to 2.15 over the past decade. While the company's 10-year median is 0.55 vs. the industry median of 2.33, Transatlantic Mining 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 2.33, 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. Transatlantic Mining's current Quick Ratio of 0.49 is 78.9% 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 Transatlantic Mining 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. Transatlantic Mining's current Quick Ratio is 0.49, which is 11% below median its own 10-year median of 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transatlantic Mining stock overvalued right now?
Transatlantic Mining (FRA:TMSA) has a current Quick Ratio of 0.49. The current Quick Ratio is 0.49, which is 11% below median its 10-year median of 0.55 and 78.9% below the Metals & Mining industry median of 2.33. 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 Transatlantic Mining (FRA:TMSA), the current Quick Ratio is 0.49 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.

Transatlantic Mining Business Description

Other Exchanges TCO:Canada
Address 837 West Hastings Street, Suite 400, Vancouver, BC, CAN, V6C 3N6
Transatlantic Mining Corp is an emerging precious and base metal explorer. The company has a focus on converting projects into mines within stable mining jurisdictions. It has property interests including approximately 80% Joint Venture position on the Monitor Copper-Gold project in Montana-Idaho (USA) and 100 % of the Golden Jubilee Gold Project with its associated mining rights also entered into a Lease Agreement for a parcel of St. Lawrence Property on the Montana/Idaho border. The company has an extended lease, right to mine and purchase arrangement for the Miller Gold Mine in Montana to 100% ownership by way of payment royalty.