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Royal Road MineralsRRDMF -12.22%35 Quick Ratio is 18.18 as of Mar. 2026, which is 23% below its 10-year median of 23.46. GuruFocus rates RRDMF with a GF Score™ of 35/100. The stock has 1 warning sign investors should review. Among 2,637 Metals & Mining companies, Royal Road Minerals ranks better than 87.45% on this metric.
Royal Road Minerals (OTCPK:RRDMF) 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.
Royal Road Minerals Quick Ratio Related Terms
Royal Road Minerals Quick Ratio Historical Data
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The historical data trend for Royal Road 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.
For the Gold subindustry, Royal Road 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.
Royal Road Minerals Quick Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Royal Road Minerals's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Royal Road Minerals'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.
Royal Road Minerals'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.
Royal Road Minerals (RRDMF) has a Quick Ratio of 18.18 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Royal Road Minerals and its competitors. This is 23% below median its historical median of 23.46. Over the past decade, Royal Road Minerals' Quick Ratio has ranged from 1.73 to 58.44. According to the industry distribution chart, Royal Road Minerals ranks #331 out of 2637 companies in the Metals & Mining industry, placing it in the top 12.6%.
Is Royal Road Minerals' Quick Ratio too high?
Royal Road Minerals' current Quick Ratio of 18.18 is 23% below median its 10-year median of 23.46. Over the past 10 years, this metric has ranged from a low of 1.73 to a high of 58.44. The Metals & Mining industry median Quick Ratio is 2.32. Royal Road Minerals' value of 18.18 is 683.6% above this industry median. Based on the distribution chart, Royal Road Minerals ranks #331 out of 2637 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Royal Road Minerals has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Royal Road Minerals' Quick Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Royal Road Minerals ranks #331 out of 2637 companies for Quick Ratio. This places Royal Road Minerals in the top 13% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 2.32. Royal Road Minerals' value of 18.18 is 683.6% above this benchmark. Historically, Royal Road Minerals' own Quick Ratio has ranged from 1.73 to 58.44 over the past decade. While the company's 10-year median is 23.46 vs. the industry median of 2.32, Royal Road Minerals 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. Royal Road Minerals's current Quick Ratio of 18.18 is 683.6% 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 Royal Road Minerals 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. Royal Road Minerals's current Quick Ratio is 18.18, which is 23% below median its own 10-year median of 23.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Royal Road Minerals stock overvalued right now?
Royal Road Minerals (RRDMF) has a current Quick Ratio of 18.18. The current Quick Ratio is 18.18, which is 23% below median its 10-year median of 23.46 and 683.6% above the Metals & Mining industry median of 2.32. Royal Road Minerals' overall GF Score™ is 35/100 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 Royal Road Minerals (RRDMF), the current Quick Ratio is 18.18 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.
Royal Road Minerals Ltd is a mineral exploration and development company. The Company operated under four geographic segments engaged in mineral exploration and development in Jersey, South America, Morocco and the Kingdom of Saudi Arabia.
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