American TungstenTUNGF -3.61%14 Quick Ratio is 32.90 as of Mar. 2026, which is 1221% above its 10-year median of 2.49. GuruFocus rates TUNGF with a GF Score™ of 14/100. The stock has 1 warning sign investors should review. Among 2,638 Metals & Mining companies, American Tungsten ranks better than 94.47% on this metric.
American Tungsten has a quick ratio of 32.90. It generally indicates good short-term financial strength.
The historical rank and industry rank for American Tungsten's Quick Ratio or its related term are showing as below:
TUNGF'
s Quick Ratio Range Over the Past 10 Years
Min: 0.18 Med: 2.49 Max: 49.3
Current: 32.91
During the past 6 years, American Tungsten's highest Quick Ratio was 49.30. The lowest was 0.18. And the median was 2.49.
TUNGF's Quick Ratio is ranked better than 94.47% of 2638
companies
in the Metals & Mining industry
Industry Median: 2.32
vs TUNGF: 32.91
American Tungsten (OTCPK:TUNGF) 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.
American Tungsten Quick Ratio Related Terms
American Tungsten Quick Ratio Historical Data
* Premium members only.
The historical data trend for American Tungsten'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.
American Tungsten Quick Ratio Competitor Comparison
For the Other Industrial Metals & Mining subindustry, American Tungsten'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.
American Tungsten Quick Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, American Tungsten's Quick Ratio distribution charts can be found below:
* The bar in red indicates where American Tungsten'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.
American Tungsten'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.
American Tungsten (TUNGF) has a Quick Ratio of 32.90 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on American Tungsten and its competitors. This is 1221% above median its historical median of 2.49. Over the past decade, American Tungsten's Quick Ratio has ranged from 0.18 to 49.30. According to the industry distribution chart, American Tungsten ranks #146 out of 2638 companies in the Metals & Mining industry, placing it in the top 5.5%.
Is American Tungsten's Quick Ratio too high?
American Tungsten's current Quick Ratio of 32.90 is 1221% above median its 10-year median of 2.49. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 49.30. The Metals & Mining industry median Quick Ratio is 2.32. American Tungsten's value of 32.90 is 1318.1% above this industry median. Based on the distribution chart, American Tungsten ranks #146 out of 2638 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, American Tungsten has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does American Tungsten's Quick Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, American Tungsten ranks #146 out of 2638 companies for Quick Ratio. This places American Tungsten in the top 6% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 2.32. American Tungsten's value of 32.90 is 1318.1% above this benchmark. Historically, American Tungsten's own Quick Ratio has ranged from 0.18 to 49.30 over the past decade. While the company's 10-year median is 2.49 vs. the industry median of 2.32, American Tungsten 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. American Tungsten's current Quick Ratio of 32.90 is 1318.1% 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 American Tungsten 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. American Tungsten's current Quick Ratio is 32.90, which is 1221% above median its own 10-year median of 2.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Tungsten stock overvalued right now?
American Tungsten (TUNGF) has a current Quick Ratio of 32.90. The current Quick Ratio is 32.90, which is 1221% above median its 10-year median of 2.49 and 1318.1% above the Metals & Mining industry median of 2.32. American Tungsten's overall GF Score™ is 14/100 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 American Tungsten (TUNGF), the current Quick Ratio is 32.90 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.
American Tungsten Corp is a Canadian exploration company focused on advancing high-grade magnetite mineral properties. Its flagship asset, the IMA Mine Project in Idaho, is a past-producing tungsten property with historical output. With an option to secure 100 percent ownership, American Tungsten is strategically positioned to capitalize on the growing demand for critical minerals. The company also holds the Star Project, spanning approximately 4,615.75 hectares in British Columbia. The company operates in one reportable operating segment, being the acquisition and exploration of mineral properties in Canada and the USA.
14GF Score
Get the complete analysis for TUNGF
Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TUNGF has been successfully added to your 
