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Southern Alliance MiningSGX:QNS 46 Quick Ratio is 3.41 as of Jan. 2026, which is 53% below its 10-year median of 7.23. GuruFocus rates SGX:QNS with a GF Score™ of 46/100 and a GF Value™ of S$0.84 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 634 Steel companies, Southern Alliance Mining ranks better than 84.38% on this metric.
Southern Alliance Mining has a quick ratio of 3.41. It generally indicates good short-term financial strength.
The historical rank and industry rank for Southern Alliance Mining's Quick Ratio or its related term are showing as below:
SGX:QNS'
s Quick Ratio Range Over the Past 10 Years
Min: 0.35 Med: 7.23 Max: 14.72
Current: 3.41
During the past 9 years, Southern Alliance Mining's highest Quick Ratio was 14.72. The lowest was 0.35. And the median was 7.23.
SGX:QNS's Quick Ratio is ranked better than 84.38% of 634
companies
in the Steel industry
Industry Median: 1.02
vs SGX:QNS: 3.41
Southern Alliance Mining (SGX:QNS) 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.
Southern Alliance Mining Quick Ratio Related Terms
Southern Alliance Mining Quick Ratio Historical Data
* 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 Steel subindustry, Southern Alliance Mining'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.
Southern Alliance Mining Quick Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Southern Alliance Mining's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Southern Alliance Mining'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.
Southern Alliance Mining's Quick Ratio for the fiscal year that ended in Jul. 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.
Southern Alliance Mining (SGX:QNS) has a Quick Ratio of 3.41 as of Jan. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Southern Alliance Mining and its competitors. This is 53% below median its historical median of 7.23. Over the past decade, Southern Alliance Mining's Quick Ratio has ranged from 0.35 to 14.72. According to the industry distribution chart, Southern Alliance Mining ranks #99 out of 634 companies in the Steel industry, placing it in the top 15.6%.
Is Southern Alliance Mining's Quick Ratio too high?
Southern Alliance Mining's current Quick Ratio of 3.41 is 53% below median its 10-year median of 7.23. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 14.72. The Steel industry median Quick Ratio is 1.02. Southern Alliance Mining's value of 3.41 is 234.3% above this industry median. Based on the distribution chart, Southern Alliance Mining ranks #99 out of 634 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Southern Alliance Mining has a GF Score™ of 46/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Southern Alliance Mining's Quick Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Southern Alliance Mining ranks #99 out of 634 companies for Quick Ratio. This places Southern Alliance Mining in the top 16% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.02. Southern Alliance Mining's value of 3.41 is 234.3% above this benchmark. Historically, Southern Alliance Mining's own Quick Ratio has ranged from 0.35 to 14.72 over the past decade. While the company's 10-year median is 7.23 vs. the industry median of 1.02, Southern Alliance Mining 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 Steel company?
The median Quick Ratio among Steel companies is 1.02, based on 634 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. Southern Alliance Mining's current Quick Ratio of 3.41 is 234.3% 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 Southern Alliance Mining and its competitors. For the Steel industry, the median Quick Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Southern Alliance Mining's current Quick Ratio is 3.41, which is 53% below median its own 10-year median of 7.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southern Alliance Mining stock overvalued right now?
Based on GuruFocus' analysis, Southern Alliance Mining (SGX:QNS) is currently considered Possible Value Trap. The stock's GF Value™ is S$0.84, compared to a current price of S$0.41 — trading 51.8% below its estimated fair value. The current Quick Ratio is 3.41, which is 53% below median its 10-year median of 7.23 and 234.3% above the Steel industry median of 1.02. Southern Alliance Mining's overall GF Score™ is 46/100 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 Southern Alliance Mining (SGX:QNS), the current Quick Ratio is 3.41 as of Jan. 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 Southern Alliance Mining (SGX:QNS) Overvalued in 2026?
Based on GuruFocus' analysis, Southern Alliance Mining stock appears to be undervalued.
The current stock price of S$0.41 is trading 51.8% below its estimated GF Value™ of S$0.84.
GuruFocus considers Southern Alliance Mining to be Possible Value Trap.
Key valuation signals for SGX:QNS:
Quick Ratio: 3.41 (53% below median its 10-year median of 7.23)
GF Value™: S$0.84 vs. price of S$0.41 (51.8% below fair value)
Industry Position: 234.3% above the Steel median (#99 of 634)
No single metric tells the full story. See the SGX:QNS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Southern Alliance Mining Ltd is engaged in the exploration, mining, and processing of iron ore for subsequent sale. The principal activities of the company are those of investment holding and provision of management services. The company mines, produces, and sells iron ore, which includes processed iron ore concentrate typically sold to steel mills or traders, and crushed iron ore that is used as a pipe coating material. It mines at the Chaah mine, an open-pit mine located in the southwest of the township of Chaah.
46GF Score
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