Solitario Resources (TSX:SLR) Quick Ratio: 32.64 (As of Mar. 2026) — Near Median


TSX:SLR Solitario Resources Corp TSX:SLR
26 GF Score
Price C$1.06
! 1 Warning Sign
View Full Analysis

What is Solitario Resources Quick Ratio?

Solitario Resources TSX:SLR -0.93% 26 Quick Ratio is 32.64 as of Mar. 2026, which is 9% above its 10-year median of 29.82. GuruFocus rates TSX:SLR with a GF Score™ of 26/100. The stock has 1 warning sign investors should review. Among 2,638 Metals & Mining companies, Solitario Resources ranks better than 94.31% 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. Solitario Resources's quick ratio for the quarter that ended in Mar. 2026 was 32.64.

Solitario Resources has a quick ratio of 32.64. It generally indicates good short-term financial strength.

The historical rank and industry rank for Solitario Resources's Quick Ratio or its related term are showing as below:

TSX:SLR' s Quick Ratio Range Over the Past 10 Years
Min: 10.07   Med: 29.82   Max: 145.15
Current: 32.66

During the past 13 years, Solitario Resources's highest Quick Ratio was 145.15. The lowest was 10.07. And the median was 29.82.

TSX:SLR's Quick Ratio is ranked better than
94.31% of 2638 companies
in the Metals & Mining industry
Industry Median: 2.32 vs TSX:SLR: 32.66

Solitario Resources  (TSX:SLR) 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.


Solitario Resources Quick Ratio Related Terms


Solitario Resources Quick Ratio Historical Data

* Premium members only.

The historical data trend for Solitario Resources'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.

Solitario Resources Quick Ratio Chart

Solitario Resources 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 25.96 19.99 15.73 16.29 37.21

Solitario Resources 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 11.19 19.68 17.26 37.21 32.64

TSX:SLR vs WWR, TMRC, OMEX: Quick Ratio Comparison

For the Other Industrial Metals & Mining subindustry, Solitario Resources'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.


Solitario Resources Quick Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Solitario Resources's Quick Ratio falls into.


TSX:SLR
26GF Score
Solitario Resources Corp TSX:SLR
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Solitario Resources 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.

Solitario Resources'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
=(11.05-0)/0.297
=37.21

Solitario Resources'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
=(12.142-0)/0.372
=32.64

* 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 32.64 mean?
Solitario Resources (TSX:SLR) has a Quick Ratio of 32.64 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Solitario Resources and its competitors. This is near median its historical median of 29.82. Over the past decade, Solitario Resources' Quick Ratio has ranged from 10.07 to 145.15. According to the industry distribution chart, Solitario Resources ranks #150 out of 2638 companies in the Metals & Mining industry, placing it in the top 5.7%.
Is Solitario Resources' Quick Ratio too high?
Solitario Resources' current Quick Ratio of 32.64 is near median its 10-year median of 29.82. Over the past 10 years, this metric has ranged from a low of 10.07 to a high of 145.15. The Metals & Mining industry median Quick Ratio is 2.32. Solitario Resources' value of 32.64 is 1306.9% above this industry median. Based on the distribution chart, Solitario Resources ranks #150 out of 2638 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Solitario Resources has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Solitario Resources' Quick Ratio compare to WWR and TMRC?
According to the Metals & Mining industry distribution chart, Solitario Resources ranks #150 out of 2638 companies for Quick Ratio. This places Solitario Resources in the top 6% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 2.32. Solitario Resources' value of 32.64 is 1306.9% above this benchmark. Historically, Solitario Resources' own Quick Ratio has ranged from 10.07 to 145.15 over the past decade. While the company's 10-year median is 29.82 vs. the industry median of 2.32, Solitario Resources 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. Solitario Resources's current Quick Ratio of 32.64 is 1306.9% 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 Solitario Resources 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. Solitario Resources's current Quick Ratio is 32.64, which is near median its own 10-year median of 29.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solitario Resources stock overvalued right now?
Solitario Resources (TSX:SLR) has a current Quick Ratio of 32.64. The current Quick Ratio is 32.64, which is near median its 10-year median of 29.82 and 1306.9% above the Metals & Mining industry median of 2.32. Solitario Resources' overall GF Score™ is 26/100 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 Solitario Resources (TSX:SLR), the current Quick Ratio is 32.64 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.

Solitario Resources Business Description

Other Exchanges XPL:USA
Address 4251 Kipling Street, Suite 410, Wheat Ridge, CO, USA, 80033
Solitario Resources Corp is an exploration company engaging in acquiring, exploring, and developing zinc properties and other precious metals in safe jurisdictions in North and South America. Its core mineral property assets are: the Florida Canyon zinc project in Peru, the Lik zinc project in Alaska, and the Golden Crest project in South Dakota. Additionally, Solitario holds an interest in the Chambara project in Peru and also has two early-stage projects, the Cat Creek project and the Bright Angel project in Colorado. The company is conducting mineral exploration on its Golden Crest project, the Cat Creek project, and the Bright Angel project on its own.
26GF Score

Get the complete analysis for TSX:SLR

Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$1.06
Price