RGLDNEUTRAL

RGLD Quick Ratio Analysis

3.22x

Higher than 90% of Basic Materials sector peers

Updated 729h ago·SEC filings & market data

Key Takeaway

A quick ratio of 3.22x means RGLD has $3.22 in liquid assets (cash and near-cash) for every $1 of short-term liabilities, so it can comfortably cover upcoming bills without selling inventory.

Sector Performance

90th percentile

RGLD

3.22x

Sector Median

1.91x

Sector Avg

5.55x

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Deep Analysis

A quick ratio of 3.22x means RGLD has $3.22 in liquid assets (cash and near-cash) for every $1 of short-term liabilities, so it can comfortably cover upcoming bills without selling inventory.

This beats the sector median of 1.91x and places RGLD in the 79th percentile among Basic Materials peers, indicating higher liquidity than most comparable companies. The trend data is unavailable: the year-over-year change is N/A, the quarter-over-quarter change is N/A, and no historical values beyond the current 3.22x are provided. With a high liquidity level but no movement to analyze, the risk profile is mixed—the strong buffer reduces default risk, yet the absence of trend information leaves no evidence of improving or deteriorating cash management. This metric supports the overall NEUTRAL verdict: the level is a positive factor, but without trend confirmation, it does not warrant a more bullish stance. Directly, the quick ratio alone neither strengthens nor weakens the neutral case beyond confirming adequate short-term financial health.

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 90th percentile.

Who are RGLD's closest peers by Quick Ratio?

The closest Basic Materials peers by Quick Ratio include: PAAS (1.91x), AEM (2.03x), AG (2.51x), BHP (1.20x), ALB (1.11x).

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Learn More About Quick Ratio

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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.