RGLDNEUTRAL

Quick Ratio

3.22x

Higher than 79% of Basic Materials sector peers

Updated 344h ago

Sector Performance

79th percentile

RGLD

3.22x

Sector Median

1.91x

Sector Avg

4.76x

📊

Deep Analysis

The quick ratio of 3.22x means the company holds $3.22 in liquid assets (cash, equivalents, and receivables) for every $1 of current liabilities, indicating strong short-term solvency.

This ratio places the company well above the sector median of 1.91x, ranking in the 79th percentile among Basic Materials peers. Trend data is not available: year-over-year change, quarter-over-quarter change, and the past eight quarters are all reported as N/A. Because no trend can be assessed, the investment risk or opportunity is based solely on the elevated current level, which suggests a lower liquidity risk than the typical peer. The high quick ratio supports the overall NEUTRAL verdict, as solid liquidity is a positive trait but does not by itself justify a bullish or bearish stance given the lack of historical context.

Frequently Asked Questions

What does the Quick Ratio tell investors about RGLD?

A strict liquidity test. Values below 1.0 suggest a company may struggle to cover short-term obligations without selling inventory.

How is the Quick Ratio calculated?

Quick Ratio is calculated as: (Cash + Receivables) / Current Liabilities.

How does RGLD's Quick Ratio compare to its sector?

RGLD's Quick Ratio of 3.22x compares to a Basic Materials sector median of 1.91x, placing it in the 79th percentile.

Who are RGLD's closest peers by Quick Ratio?

The closest Basic Materials peers by Quick Ratio include: PAAS (1.91x), CDE (1.89x), AEM (2.03x), AG (2.51x), BHP (1.20x).

The Formula

(Cash + Receivables) / Current Liabilities

Why It Matters

A strict liquidity test. Values below 1.0 suggest a company may struggle to cover short-term obligations without selling inventory.

Advertisement

Master RGLD's Valuation

Get the complete institutional research report covering all fundamental and technical metrics.

View full RGLD research report

Free account — no credit card

RGLD

3.22x

Sector Median

1.91x

Sector Avg

4.76x

How RGLD's Quick Ratio compares to sector peers.

Not financial advice. Research tool only. Data may be delayed.