Merafe ResourcesMERFF 64 Quick Ratio is 2.94 as of Dec. 2025, which is 24% above its 10-year median of 2.37. GuruFocus rates MERFF with a GF Score™ of 64/100 and a GF Value™ of $0.17. The stock has 9 warning signs investors should review. Among 2,637 Metals & Mining companies, Merafe Resources ranks better than 55.52% on this metric.
Merafe Resources has a quick ratio of 2.94. It generally indicates good short-term financial strength.
The historical rank and industry rank for Merafe Resources's Quick Ratio or its related term are showing as below:
MERFF'
s Quick Ratio Range Over the Past 10 Years
Min: 1.59 Med: 2.37 Max: 3.33
Current: 2.94
During the past 13 years, Merafe Resources's highest Quick Ratio was 3.33. The lowest was 1.59. And the median was 2.37.
MERFF's Quick Ratio is ranked better than 55.52% of 2637
companies
in the Metals & Mining industry
Industry Median: 2.32
vs MERFF: 2.94
Merafe Resources (OTCPK:MERFF) 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.
Merafe Resources Quick Ratio Related Terms
Merafe Resources Quick Ratio Historical Data
* Premium members only.
The historical data trend for Merafe 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.
Merafe Resources Quick Ratio Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Merafe 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.
Merafe Resources Quick Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Merafe Resources's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Merafe Resources'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.
Merafe Resources's Quick Ratio for the fiscal year that ended in Dec. 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.
Merafe Resources (MERFF) has a Quick Ratio of 2.94 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Merafe Resources and its competitors. This is 24% above median its historical median of 2.37. Over the past decade, Merafe Resources' Quick Ratio has ranged from 1.59 to 3.33. According to the industry distribution chart, Merafe Resources ranks #1173 out of 2637 companies in the Metals & Mining industry, placing it in the top 44.5%.
Is Merafe Resources' Quick Ratio too high?
Merafe Resources' current Quick Ratio of 2.94 is 24% above median its 10-year median of 2.37. Over the past 10 years, this metric has ranged from a low of 1.59 to a high of 3.33. The Metals & Mining industry median Quick Ratio is 2.32. Merafe Resources' value of 2.94 is 26.7% above this industry median. Based on the distribution chart, Merafe Resources ranks #1173 out of 2637 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Merafe Resources has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does Merafe Resources' Quick Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Merafe Resources ranks #1173 out of 2637 companies for Quick Ratio. This puts Merafe Resources in the upper half of its industry. The industry median Quick Ratio is 2.32. Merafe Resources' value of 2.94 is 26.7% above this benchmark. Historically, Merafe Resources' own Quick Ratio has ranged from 1.59 to 3.33 over the past decade. While the company's 10-year median is 2.37 vs. the industry median of 2.32, Merafe Resources 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 2,637 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. Merafe Resources's current Quick Ratio of 2.94 is 26.7% 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 Merafe 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. Merafe Resources's current Quick Ratio is 2.94, which is 24% above median its own 10-year median of 2.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merafe Resources stock overvalued right now?
Merafe Resources (MERFF) has a current Quick Ratio of 2.94. The stock's GF Value™ is $0.17, compared to a current price of $0.22 — trading 28.1% above its estimated fair value. The current Quick Ratio is 2.94, which is 24% above median its 10-year median of 2.37 and 26.7% above the Metals & Mining industry median of 2.32. Merafe Resources' overall GF Score™ is 64/100 with 9 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 Merafe Resources (MERFF), the current Quick Ratio is 2.94 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 Merafe Resources (MERFF) Overvalued in 2026?
Based on GuruFocus' analysis, Merafe Resources stock appears to be overvalued.
The current stock price of $0.22 is trading 28.1% above its estimated GF Value™ of $0.17.
Key valuation signals for MERFF:
Quick Ratio: 2.94 (24% above median its 10-year median of 2.37)
GF Value™: $0.17 vs. price of $0.22 (28.1% above fair value)
Industry Position: 26.7% above the Metals & Mining median (#1173 of 2637)
No single metric tells the full story. See the MERFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Merafe Resources Ltd through its wholly-owned subsidiary, Merafe Ferrochrome and Mining Proprietary Limited, participates in chrome mining and the beneficiation of chrome ore into ferrochrome. The Glencore-Merafe Chrome Venture (Venture) operates five ferrochrome smelters, twenty-two ferrochrome furnaces, and nine mines, situated in the North-West, Limpopo, and Mpumalanga provinces of South Africa. The company has operating mines namel Marikana West; and Kroondal Gemini. The Group has one reportable segment being the mining and beneficiation of chrome ore into ferrochrome and associated minerals. Geographically, it has its presence in Africa, Americas, Asia, China, Indonesia, Other Asia, and Europe.
64GF Score
Get the complete analysis for MERFF
Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MERFF has been successfully added to your 
