Hot ChiliHHLKF -0.37%32 Quick Ratio is 2.41 as of Dec. 2025, which is 76% above its 10-year median of 1.37. GuruFocus rates HHLKF with a GF Score™ of 32/100. The stock has 1 warning sign investors should review. Among 2,638 Metals & Mining companies, Hot Chili ranks better than 51.21% 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. Hot Chili's quick ratio for the quarter that ended in Dec. 2025 was 2.41.
Hot Chili has a quick ratio of 2.41. It generally indicates good short-term financial strength.
The historical rank and industry rank for Hot Chili's Quick Ratio or its related term are showing as below:
HHLKF'
s Quick Ratio Range Over the Past 10 Years
Min: 0.02 Med: 1.37 Max: 11.19
Current: 2.41
During the past 13 years, Hot Chili's highest Quick Ratio was 11.19. The lowest was 0.02. And the median was 1.37.
HHLKF's Quick Ratio is ranked better than 51.21% of 2638
companies
in the Metals & Mining industry
Industry Median: 2.315
vs HHLKF: 2.41
Hot Chili (OTCPK:HHLKF) 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.
Hot Chili Quick Ratio Related Terms
Hot Chili Quick Ratio Historical Data
* Premium members only.
The historical data trend for Hot Chili'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 Copper subindustry, Hot Chili'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.
Hot Chili Quick Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Hot Chili's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Hot Chili'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.
Hot Chili'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.
Hot Chili (HHLKF) has a Quick Ratio of 2.41 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Hot Chili and its competitors. This is 76% above median its historical median of 1.37. Over the past decade, Hot Chili's Quick Ratio has ranged from 0.02 to 11.19. According to the industry distribution chart, Hot Chili ranks #1287 out of 2638 companies in the Metals & Mining industry, placing it in the top 48.8%.
Is Hot Chili's Quick Ratio too high?
Hot Chili's current Quick Ratio of 2.41 is 76% above median its 10-year median of 1.37. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 11.19. The Metals & Mining industry median Quick Ratio is 2.32. Hot Chili's value of 2.41 is 4.1% above this industry median. Based on the distribution chart, Hot Chili ranks #1287 out of 2638 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Hot Chili has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Hot Chili's Quick Ratio compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Hot Chili ranks #1287 out of 2638 companies for Quick Ratio. This puts Hot Chili in the upper half of its industry. The industry median Quick Ratio is 2.32. Hot Chili's value of 2.41 is 4.1% above this benchmark. Historically, Hot Chili's own Quick Ratio has ranged from 0.02 to 11.19 over the past decade. While the company's 10-year median is 1.37 vs. the industry median of 2.32, Hot Chili 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. Hot Chili's current Quick Ratio of 2.41 is 4.1% 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 Hot Chili 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. Hot Chili's current Quick Ratio is 2.41, which is 76% above median its own 10-year median of 1.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hot Chili stock overvalued right now?
Hot Chili (HHLKF) has a current Quick Ratio of 2.41. The current Quick Ratio is 2.41, which is 76% above median its 10-year median of 1.37 and 4.1% above the Metals & Mining industry median of 2.32. Hot Chili's overall GF Score™ is 32/100 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 Hot Chili (HHLKF), the current Quick Ratio is 2.41 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.
Hot Chili Ltd is a mineral exploration company with assets in Chile. It aims to build shareholder value through the growth and development of its high-quality Costa Fuego copper-gold project located in a low elevation, accessible region of northern Chile. With substantial mineral resources and an active drill program testing new targets, Hot Chili provides substantial leverage to the copper price due to the size, quality and location of its resource base.
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