Nickel AsiaNCKAF 93 Quick Ratio is 1.93 as of Mar. 2026, which is 4% above its 10-year median of 1.86. GuruFocus rates NCKAF with a GF Score™ of 93/100 and a GF Value™ of $0.06 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,637 Metals & Mining companies, Nickel Asia ranks worse than 53.74% 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. Nickel Asia's quick ratio for the quarter that ended in Mar. 2026 was 1.93.
Nickel Asia has a quick ratio of 1.93. It generally indicates good short-term financial strength.
The historical rank and industry rank for Nickel Asia's Quick Ratio or its related term are showing as below:
NCKAF'
s Quick Ratio Range Over the Past 10 Years
Min: 1.49 Med: 1.86 Max: 3.88
Current: 1.93
During the past 13 years, Nickel Asia's highest Quick Ratio was 3.88. The lowest was 1.49. And the median was 1.86.
NCKAF's Quick Ratio is ranked worse than 53.74% of 2637
companies
in the Metals & Mining industry
Industry Median: 2.32
vs NCKAF: 1.93
Nickel Asia (OTCPK:NCKAF) 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.
Nickel Asia Quick Ratio Related Terms
Nickel Asia Quick Ratio Historical Data
* Premium members only.
The historical data trend for Nickel Asia'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 Industrial Metals & Mining subindustry, Nickel Asia'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.
Nickel Asia Quick Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Nickel Asia's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Nickel Asia'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.
Nickel Asia'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.
Nickel Asia (NCKAF) has a Quick Ratio of 1.93 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Nickel Asia and its competitors. This is near median its historical median of 1.86. Over the past decade, Nickel Asia's Quick Ratio has ranged from 1.49 to 3.88. According to the industry distribution chart, Nickel Asia ranks #1417 out of 2637 companies in the Metals & Mining industry, placing it in the top 53.7%.
Is Nickel Asia's Quick Ratio too high?
Nickel Asia's current Quick Ratio of 1.93 is near median its 10-year median of 1.86. Over the past 10 years, this metric has ranged from a low of 1.49 to a high of 3.88. The Metals & Mining industry median Quick Ratio is 2.32. Nickel Asia's value of 1.93 is 16.8% below this industry median. Based on the distribution chart, Nickel Asia ranks #1417 out of 2637 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Nickel Asia has a GF Score™ of 93/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nickel Asia's Quick Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Nickel Asia ranks #1417 out of 2637 companies for Quick Ratio. This places Nickel Asia in the lower half of its industry. The industry median Quick Ratio is 2.32. Nickel Asia's value of 1.93 is 16.8% below this benchmark. Historically, Nickel Asia's own Quick Ratio has ranged from 1.49 to 3.88 over the past decade. While the company's 10-year median is 1.86 vs. the industry median of 2.32, Nickel Asia 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. Nickel Asia's current Quick Ratio of 1.93 is 16.8% 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 Nickel Asia 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. Nickel Asia's current Quick Ratio is 1.93, which is near median its own 10-year median of 1.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nickel Asia stock overvalued right now?
Based on GuruFocus' analysis, Nickel Asia (NCKAF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.06, compared to a current price of $0.10 — trading 66.7% above its estimated fair value. The current Quick Ratio is 1.93, which is near median its 10-year median of 1.86 and 16.8% below the Metals & Mining industry median of 2.32. Nickel Asia's overall GF Score™ is 93/100 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 Nickel Asia (NCKAF), the current Quick Ratio is 1.93 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.
Is Nickel Asia (NCKAF) Overvalued in 2026?
Based on GuruFocus' analysis, Nickel Asia stock appears to be overvalued.
The current stock price of $0.10 is trading 66.7% above its estimated GF Value™ of $0.06.
GuruFocus considers Nickel Asia to be Significantly Overvalued.
Key valuation signals for NCKAF:
Quick Ratio: 1.93 (near median its 10-year median of 1.86)
GF Value™: $0.06 vs. price of $0.10 (66.7% above fair value)
Industry Position: 16.8% below the Metals & Mining median (#1417 of 2637)
No single metric tells the full story. See the NCKAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nickel Asia Corp is a diversified natural resources development company is principally engaged in the business of producing beneficiated nickel ore, limestone, and quarry materials, rendering of services, and generating revenue from sale of power. The company has three operating segments which is The mining segment which accounts for a majority of the company's revenue includes the mining and exploration of nickel saprolite and limonite ore, limestone, and quarry materials, the services segment includes chartering out of LCT, construction and rendering of services to CBNC, THNC, and other parties and leasing of aircraft to WAISC, and the power segment is into power generation and exploration for geothermal resources.
93GF Score
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