Quick Ratio

The quick ratio measures a company’s ability to cover its short-term debts using only its most liquid assets, such as cash and receivables — a value of 1.79x means NEM holds $1.79 in liquid assets for every $1 of current liabilities.

This sits well above the sector median of 0.72x, placing NEM in the 88th percentile among its peers, indicating stronger short-term liquidity than most competitors. Trend data is not available — the year-over-year change and quarter-over-quarter change are both listed as N/A, so no directional movement can be assessed. The combination of a high quick ratio with an absent trend suggests a solid liquidity buffer in the current period, but without any prior trajectory, investors cannot evaluate whether this strength is improving or eroding. This metric supports the overall NEUTRAL verdict because the strong liquidity position reduces near-term financial risk, yet the lack of trend and neutral rating imply no compelling reason to overweight the stock solely on this measure.

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