Blackstone Minerals (BLSTF) Quick Ratio

Price: $0.0366
Market Cap: $24.76M
Avg Volume: 2.93K
Country: AU
Industry: Industrial Materials
Sector: Basic Materials
Beta: 1.473
52W Range: $0.0001-0.0856
Website: Blackstone Minerals

Blackstone Minerals Quick Ratio

  • Annual: 2.33
  • Quarterly: 1.19
  • TTM: 1.19

What is the Quick Ratio?

The quick ratio, also known as the acid-test ratio, is a liquidity ratio that measures a company's ability to meet its short-term obligations with its most liquid assets. It excludes inventory from current assets, providing a more stringent measure than the current ratio.

Related Metrics

Other important metrics to assess Blackstone Minerals's financial health include:

  • Current Ratio - measures the company's ability to pay short-term obligations with its short-term assets:
    • Annual: 2.33
    • Quarterly: 1.19
    • TTM: 1.19
  • Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
    • Annual: 1.65
    • Quarterly: 0.61
    • TTM: 0.61

These metrics provide insights into Blackstone Minerals's financial health and its ability to meet short-term obligations. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual Quick Ratio

2.33

Quarterly Quick Ratio

1.19

TTM Quick Ratio

1.19

Blackstone Minerals Historical Quick Ratio
350.00350.00280.00280.00210.00210.00140.00140.0070.0070.000.000.00Quick Ratio2017201720182018201920192020202020212021202220222023202320242024
Historical Current Ratio
350.00350.00280.00280.00210.00210.00140.00140.0070.0070.000.000.00Current Ratio2017201720182018201920192020202020212021202220222023202320242024
Historical Cash Ratio
350.00350.00280.00280.00210.00210.00140.00140.0070.0070.000.000.00Cash Ratio2017201720182018201920192020202020212021202220222023202320242024

Blackstone Minerals Historical Ratios

The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2024.

Year Quick Ratio Current Ratio Cash Ratio
2024 2.33 2.33 1.65
2023 3.04 2.62 2.18
2022 8.44 8.03 7.62
2021 4.85 4.64 4.42
2020 1.43 1.15 0.86
2019 2.23 1.64 1.04
2018 3.67 3.42 3.17
2017 17.03 16.79 16.56
2016 286.00 286.00 285.98

Related Metrics

Explore detailed financial metrics and analysis for BLSTF.