Spanish Mountain Gold (STU:S3Y) Quick Ratio: 2.89 (As of Mar. 2026) — 49% Below Median

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STU:S3Y Spanish Mountain Gold Ltd STU:S3Y
39 GF Score
Price €0.19
! 1 Warning Sign
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What is Spanish Mountain Gold Quick Ratio?

Spanish Mountain Gold STU:S3Y -7.56% 39 Quick Ratio is 2.89 as of Mar. 2026, which is 49% below its 10-year median of 5.71. GuruFocus rates STU:S3Y with a GF Score™ of 39/100. The stock has 1 warning sign investors should review. Among 2,638 Metals & Mining companies, Spanish Mountain Gold ranks better than 55% 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. Spanish Mountain Gold's quick ratio for the quarter that ended in Mar. 2026 was 2.89.

Spanish Mountain Gold has a quick ratio of 2.89. It generally indicates good short-term financial strength.

The historical rank and industry rank for Spanish Mountain Gold's Quick Ratio or its related term are showing as below:

STU:S3Y' s Quick Ratio Range Over the Past 10 Years
Min: 0.09   Med: 5.71   Max: 24.04
Current: 2.89

During the past 13 years, Spanish Mountain Gold's highest Quick Ratio was 24.04. The lowest was 0.09. And the median was 5.71.

STU:S3Y's Quick Ratio is ranked better than
55% of 2638 companies
in the Metals & Mining industry
Industry Median: 2.325 vs STU:S3Y: 2.89

Spanish Mountain Gold  (STU:S3Y) 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.


Spanish Mountain Gold Quick Ratio Related Terms


Spanish Mountain Gold Quick Ratio Historical Data

* Premium members only.

The historical data trend for Spanish Mountain Gold'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.

Spanish Mountain Gold Quick Ratio Chart

Spanish Mountain Gold Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.15 2.55 7.70 8.20 7.80

Spanish Mountain Gold Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.63 1.27 6.37 7.80 2.89

STU:S3Y vs NEM, AU: Quick Ratio Comparison

For the Gold subindustry, Spanish Mountain Gold'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.


Spanish Mountain Gold Quick Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Spanish Mountain Gold's Quick Ratio falls into.


STU:S3Y
39GF Score
Spanish Mountain Gold Ltd STU:S3Y
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Spanish Mountain Gold 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.

Spanish Mountain Gold's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(2.722-0)/0.349
=7.80

Spanish Mountain Gold's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(4.126-0)/1.429
=2.89

* 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 2.89 mean?
Spanish Mountain Gold (STU:S3Y) has a Quick Ratio of 2.89 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Spanish Mountain Gold and its competitors. This is 49% below median its historical median of 5.71. Over the past decade, Spanish Mountain Gold's Quick Ratio has ranged from 0.09 to 24.04. According to the industry distribution chart, Spanish Mountain Gold ranks #1187 out of 2638 companies in the Metals & Mining industry, placing it in the top 45%.
Is Spanish Mountain Gold's Quick Ratio too high?
Spanish Mountain Gold's current Quick Ratio of 2.89 is 49% below median its 10-year median of 5.71. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 24.04. The Metals & Mining industry median Quick Ratio is 2.33. Spanish Mountain Gold's value of 2.89 is 24.3% above this industry median. Based on the distribution chart, Spanish Mountain Gold ranks #1187 out of 2638 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Spanish Mountain Gold has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Spanish Mountain Gold's Quick Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Spanish Mountain Gold ranks #1187 out of 2638 companies for Quick Ratio. This puts Spanish Mountain Gold in the upper half of its industry. The industry median Quick Ratio is 2.33. Spanish Mountain Gold's value of 2.89 is 24.3% above this benchmark. Historically, Spanish Mountain Gold's own Quick Ratio has ranged from 0.09 to 24.04 over the past decade. While the company's 10-year median is 5.71 vs. the industry median of 2.33, Spanish Mountain Gold 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 2.33, 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. Spanish Mountain Gold's current Quick Ratio of 2.89 is 24.3% 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 Spanish Mountain Gold and its competitors. For the Metals & Mining industry, the median Quick Ratio is 2.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spanish Mountain Gold's current Quick Ratio is 2.89, which is 49% below median its own 10-year median of 5.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spanish Mountain Gold stock overvalued right now?
Spanish Mountain Gold (STU:S3Y) has a current Quick Ratio of 2.89. The current Quick Ratio is 2.89, which is 49% below median its 10-year median of 5.71 and 24.3% above the Metals & Mining industry median of 2.33. Spanish Mountain Gold's overall GF Score™ is 39/100 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 Spanish Mountain Gold (STU:S3Y), the current Quick Ratio is 2.89 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.

Spanish Mountain Gold Business Description

Other Exchanges SPAUF:USASPA:Canada
Address 1111 Melville Street, Suite 910, Vancouver, BC, CAN, V6E 3V6
Spanish Mountain Gold Ltd is an exploration stage resource company. It is focused on advancing its Spanish Mountain Gold Project towards its goal to build the next gold mine in the Cariboo Gold Corridor, British Columbia.
39GF Score

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