NMREF (Namibia Critical Metals) Quick Ratio: 2.62 (As of Feb. 2026) — 117% Above Median


NMREF Namibia Critical Metals Inc NMREF
25 GF Score
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What is Namibia Critical Metals Quick Ratio?

Namibia Critical Metals NMREF +0.93% 25 Quick Ratio is 2.62 as of Feb. 2026, which is 117% above its 10-year median of 1.21. GuruFocus rates NMREF with a GF Score™ of 25/100. The stock has 1 warning sign investors should review. Among 2,638 Metals & Mining companies, Namibia Critical Metals ranks better than 53.11% 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. Namibia Critical Metals's quick ratio for the quarter that ended in Feb. 2026 was 2.62.

Namibia Critical Metals has a quick ratio of 2.62. It generally indicates good short-term financial strength.

The historical rank and industry rank for Namibia Critical Metals's Quick Ratio or its related term are showing as below:

NMREF' s Quick Ratio Range Over the Past 10 Years
Min: 0.37   Med: 1.21   Max: 22.87
Current: 2.62

During the past 13 years, Namibia Critical Metals's highest Quick Ratio was 22.87. The lowest was 0.37. And the median was 1.21.

NMREF's Quick Ratio is ranked better than
53.11% of 2638 companies
in the Metals & Mining industry
Industry Median: 2.32 vs NMREF: 2.62

Namibia Critical Metals  (OTCPK:NMREF) 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.


Namibia Critical Metals Quick Ratio Related Terms


Namibia Critical Metals Quick Ratio Historical Data

* Premium members only.

The historical data trend for Namibia Critical Metals'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.

Namibia Critical Metals Quick Ratio Chart

Namibia Critical Metals Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.75 1.38 1.03 1.52 2.77

Namibia Critical Metals Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 1.29 1.43 1.39 2.77 2.62

Namibia Critical Metals Quick Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Namibia Critical Metals'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.


Namibia Critical Metals Quick Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Namibia Critical Metals's Quick Ratio falls into.


NMREF
25GF Score
Namibia Critical Metals Inc NMREF
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Namibia Critical Metals 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.

Namibia Critical Metals's Quick Ratio for the fiscal year that ended in Nov. 2025 is calculated as

Quick Ratio (A: Nov. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.907-0)/0.327
=2.77

Namibia Critical Metals's Quick Ratio for the quarter that ended in Feb. 2026 is calculated as

Quick Ratio (Q: Feb. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1.462-0)/0.559
=2.62

* 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 2.62 mean?
Namibia Critical Metals (NMREF) has a Quick Ratio of 2.62 as of Feb. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Namibia Critical Metals and its competitors. This is 117% above median its historical median of 1.21. Over the past decade, Namibia Critical Metals' Quick Ratio has ranged from 0.37 to 22.87. According to the industry distribution chart, Namibia Critical Metals ranks #1237 out of 2638 companies in the Metals & Mining industry, placing it in the top 46.9%.
Is Namibia Critical Metals' Quick Ratio too high?
Namibia Critical Metals' current Quick Ratio of 2.62 is 117% above median its 10-year median of 1.21. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 22.87. The Metals & Mining industry median Quick Ratio is 2.32. Namibia Critical Metals' value of 2.62 is 12.9% above this industry median. Based on the distribution chart, Namibia Critical Metals ranks #1237 out of 2638 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Namibia Critical Metals has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Namibia Critical Metals' Quick Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Namibia Critical Metals ranks #1237 out of 2638 companies for Quick Ratio. This puts Namibia Critical Metals in the upper half of its industry. The industry median Quick Ratio is 2.32. Namibia Critical Metals' value of 2.62 is 12.9% above this benchmark. Historically, Namibia Critical Metals' own Quick Ratio has ranged from 0.37 to 22.87 over the past decade. While the company's 10-year median is 1.21 vs. the industry median of 2.32, Namibia Critical Metals 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. Namibia Critical Metals's current Quick Ratio of 2.62 is 12.9% 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 Namibia Critical Metals 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. Namibia Critical Metals's current Quick Ratio is 2.62, which is 117% above median its own 10-year median of 1.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Namibia Critical Metals stock overvalued right now?
Namibia Critical Metals (NMREF) has a current Quick Ratio of 2.62. The current Quick Ratio is 2.62, which is 117% above median its 10-year median of 1.21 and 12.9% above the Metals & Mining industry median of 2.32. Namibia Critical Metals' overall GF Score™ is 25/100 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 Namibia Critical Metals (NMREF), the current Quick Ratio is 2.62 as of Feb. 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.

Namibia Critical Metals Business Description

Other Exchanges 7NR:GermanyNMI:Canada
Address 1550 Bedford Highway, Suite 802, Sun Tower, Bedford, Halifax, NS, CAN, B4A 1E6
Namibia Critical Metals Inc is engaged in the exploration of critical metals properties in Namibia All the exploration assets of the company are located in Namibia. Its project portfolio of the company include Lofdal, a globally important deposit of the heavy rare earth metals dysprosium and terbium. It has one reportable operating segment, being that of acquisition, exploration, and evaluation activities, and all exploration and evaluation assets are located in Namibia.
25GF Score

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