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PGEZF (Stillwater Critical Minerals) Quick Ratio : 8.18 (As of Sep. 2024)


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What is Stillwater Critical Minerals Quick Ratio?

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. Stillwater Critical Minerals's quick ratio for the quarter that ended in Sep. 2024 was 8.18.

Stillwater Critical Minerals has a quick ratio of 8.18. It generally indicates good short-term financial strength.

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

PGEZF' s Quick Ratio Range Over the Past 10 Years
Min: 0.01   Med: 2.14   Max: 34.37
Current: 8.18

During the past 13 years, Stillwater Critical Minerals's highest Quick Ratio was 34.37. The lowest was 0.01. And the median was 2.14.

PGEZF's Quick Ratio is ranked better than
82.89% of 2654 companies
in the Metals & Mining industry
Industry Median: 1.52 vs PGEZF: 8.18

Stillwater Critical Minerals Quick Ratio Historical Data

The historical data trend for Stillwater Critical Minerals'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.

* Premium members only.

Stillwater Critical Minerals Quick Ratio Chart

Stillwater Critical Minerals Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.93 16.62 7.94 3.11 1.82

Stillwater Critical Minerals Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24 Sep24
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 3.11 2.77 6.64 1.82 8.18

Competitive Comparison of Stillwater Critical Minerals's Quick Ratio

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


Stillwater Critical Minerals's Quick Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Stillwater Critical Minerals's Quick Ratio falls into.



Stillwater Critical Minerals 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.

Stillwater Critical Minerals's Quick Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Quick Ratio (A: Mar. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.989-0)/0.544
=1.82

Stillwater Critical Minerals's Quick Ratio for the quarter that ended in Sep. 2024 is calculated as

Quick Ratio (Q: Sep. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1.824-0)/0.223
=8.18

* 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.


Stillwater Critical Minerals  (OTCPK:PGEZF) 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.


Stillwater Critical Minerals Quick Ratio Related Terms

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Stillwater Critical Minerals Business Description

Traded in Other Exchanges
Address
409 Granville Street, Suite 904, Vancouver, BC, CAN, V6C 1T2
Stillwater Critical Minerals Corp is a Canadian mineral exploration and acquisition company focused on the development of platinum, palladium, nickel, copper, cobalt, and gold exploration assets in top North American mining jurisdictions. The company's core asset is the Stillwater West PGE-Ni-Cu project in Montana, USA. It also holds the Stillwater West Ni-PGE-Cu-Co + Au,Drayton - Black Lake Gold, Kluane PGE-Ni-Cu, Yankee-Dundee Project, Duke Island, NI 43-101 Technical Report.

Stillwater Critical Minerals Headlines

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