West African Resources (FRA:W25) Quick Ratio: 1.48 (As of Dec. 2025) — 44% Below Median


FRA:W25 West African Resources Ltd FRA:W25
97 GF Score
Price €1.59
GF Value €1.95
Valuation Modestly Undervalued
! 3 Warning Signs
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What is West African Resources Quick Ratio?

West African Resources FRA:W25 -3.38% 97 Quick Ratio is 1.48 as of Dec. 2025, which is 44% below its 10-year median of 2.62. GuruFocus rates FRA:W25 with a GF Score™ of 97/100 and a GF Value™ of €1.95 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,637 Metals & Mining companies, West African Resources ranks worse than 59.92% 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. West African Resources's quick ratio for the quarter that ended in Dec. 2025 was 1.48.

West African Resources has a quick ratio of 1.48. It generally indicates good short-term financial strength.

The historical rank and industry rank for West African Resources's Quick Ratio or its related term are showing as below:

FRA:W25' s Quick Ratio Range Over the Past 10 Years
Min: 0.53   Med: 2.62   Max: 9.85
Current: 1.48

During the past 13 years, West African Resources's highest Quick Ratio was 9.85. The lowest was 0.53. And the median was 2.62.

FRA:W25's Quick Ratio is ranked worse than
59.92% of 2637 companies
in the Metals & Mining industry
Industry Median: 2.32 vs FRA:W25: 1.48

West African Resources  (FRA:W25) 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.


West African Resources Quick Ratio Related Terms


West African Resources Quick Ratio Historical Data

* Premium members only.

The historical data trend for West African 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.

West African Resources Quick Ratio Chart

West African Resources Annual Data
Trend Jun16 Jun17 Jun18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.15 2.59 2.88 2.64 1.48

West African Resources Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 2.88 3.52 2.64 1.31 1.48

FRA:W25 vs NEM, AU: Quick Ratio Comparison

For the Gold subindustry, West African 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.


West African Resources Quick Ratio vs Metals & Mining Industry

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

* The bar in red indicates where West African Resources's Quick Ratio falls into.


FRA:W25
97GF Score
West African Resources Ltd FRA:W25
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

West African Resources 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.

West African Resources'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
=(562.619-150.315)/278.557
=1.48

West African Resources's Quick Ratio for the quarter that ended in Dec. 2025 is calculated as

Quick Ratio (Q: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(562.619-150.315)/278.557
=1.48

* 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 1.48 mean?
West African Resources (FRA:W25) has a Quick Ratio of 1.48 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on West African Resources and its competitors. This is 44% below median its historical median of 2.62. Over the past decade, West African Resources' Quick Ratio has ranged from 0.53 to 9.85. According to the industry distribution chart, West African Resources ranks #1580 out of 2637 companies in the Metals & Mining industry, placing it in the top 59.9%.
Is West African Resources' Quick Ratio too high?
West African Resources' current Quick Ratio of 1.48 is 44% below median its 10-year median of 2.62. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 9.85. The Metals & Mining industry median Quick Ratio is 2.32. West African Resources' value of 1.48 is 36.2% below this industry median. Based on the distribution chart, West African Resources ranks #1580 out of 2637 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, West African Resources has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does West African Resources' Quick Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, West African Resources ranks #1580 out of 2637 companies for Quick Ratio. This places West African Resources in the lower half of its industry. The industry median Quick Ratio is 2.32. West African Resources' value of 1.48 is 36.2% below this benchmark. Historically, West African Resources' own Quick Ratio has ranged from 0.53 to 9.85 over the past decade. While the company's 10-year median is 2.62 vs. the industry median of 2.32, West African 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 2.32, based on 2,637 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. West African Resources's current Quick Ratio of 1.48 is 36.2% 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 West African Resources 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. West African Resources's current Quick Ratio is 1.48, which is 44% below median its own 10-year median of 2.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is West African Resources stock overvalued right now?
Based on GuruFocus' analysis, West African Resources (FRA:W25) is currently considered Modestly Undervalued. The stock's GF Value™ is €1.95, compared to a current price of €1.59 — trading 18.7% below its estimated fair value. The current Quick Ratio is 1.48, which is 44% below median its 10-year median of 2.62 and 36.2% below the Metals & Mining industry median of 2.32. West African Resources' overall GF Score™ is 97/100 with 3 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 West African Resources (FRA:W25), the current Quick Ratio is 1.48 as of Dec. 2025. 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 West African Resources (FRA:W25) Overvalued in 2026?

Based on GuruFocus' analysis, West African Resources stock appears to be undervalued. The current stock price of €1.59 is trading 18.7% below its estimated GF Value™ of €1.95. GuruFocus considers West African Resources to be Modestly Undervalued.

Key valuation signals for FRA:W25:

  • Quick Ratio: 1.48 (44% below median its 10-year median of 2.62)
  • GF Value™: €1.95 vs. price of €1.59 (18.7% below fair value)
  • GF Score™: 97/100 with 3 warning signs
  • Industry Position: 36.2% below the Metals & Mining median (#1580 of 2637)

No single metric tells the full story. See the FRA:W25 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


West African Resources Business Description

Address 1 Alvan Street, Level 1, Subiaco, WA, AUS, 6008
West African Resources Ltd is engaged in mineral exploration in Burkina Faso. It focuses on the development of the Sanbrado Gold Project. The Group's mineral portfolio also includes gold and copper-gold exploration permits in Burkina Faso. The operating segments of the Company that includes Mining Operations: comprise the Sanbrado Gold Project operation located in Burkina Faso. Construction and E&E segment comprises mines under construction andexploration and evaluation (E&E) projects in locations other than Sanbrado.
97GF Score

Get the complete analysis for FRA:W25

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

€1.59
Price
€1.95
GF Value