Red Metal Resources Ltd Quick Ratio (RMES) starting from the fourth quarter 2024 to fourth quarter 2023, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
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Red Metal Resources Ltd   (RMES)
    Sector • Basic Materials    Industry • Metal Mining
   Industry • Metal Mining
   Sector • Basic Materials

Red Metal Resources Ltd 's Quick Ratio

RMES's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth


Regardless of the sequential decrease in Current Liabilities, during the fourth quarter 2024, Quick Ratio deteriorated to 0.18 above company average Quick Ratio.

Within Metal Mining industry 86 other companies have achieved higher Quick Ratio than Red Metal Resources Ltd in fourth quarter 2024. While Quick Ratio total ranking has improved so far during the Q4 2024 to 3628, from total ranking in the third quarter 2024 at 4618.

Explain Quick Ratio?
How much Cash & cash equivalents RMES´s has?
What are RMES´s Current Liabilities?



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RMES Quick Ratio (Jan 31 2025)
Q4		 0
Q3		 0
Q2		 0
Q1		 (Jan 31 2024)
Q4
Y / Y Current Liabilities Change -42.14 % -42.14 % -42.14 % -42.14 % 22.3 %
Y / Y Cash & cash equivalent Change 1245.05 % 1245.05 % 1245.05 % 1245.05 % 26.33 %
Quick Ratio MRQ 0.18 0.18 0.18 0.18 0.01
RMES's Total Ranking # 3628 # 4618 # # #
Seq. Current Liabilities Change 0 % 0 % 0 % -42.14 % 0 %
Seq. Cash & cash equivalent Change 0 % 0 % 0 % 1245.05 % 0 %



Quick Ratio fourth quarter 2024 Company Ranking
Within: No.
Metal Mining Industry # 87
Basic Materials Sector # 252
Overall Market # 3628


Quick Ratio Statistics
High Average Low
0.56 0.08 0
(Jul 31 2020)   (Jul 31 2016)




Financial Statements
Red Metal Resources Ltd 's Current Liabilities $ 2 Millions Visit RMES's Balance sheet
Red Metal Resources Ltd 's Cash & cash equivalent $ 0 Millions Visit RMES's Balance sheet
Source of RMES's Sales Visit RMES's Sales by Geography


Cumulative Red Metal Resources Ltd 's Quick Ratio

RMES's Quick Ratio for the trailling 12 Months

RMES Quick Ratio

 (Jan 31 2025)
12 Months		 0
12 Months		 0
12 Months		 0
12 Months		 (Jan 31 2024)
12 Months
Y / Y Current Liabilities TTM Growth -42.14 % -28.34 % 9.14 % 55.95 % 185.85 %
Y / Y Cash & cash equivalent TTM Growth 1245.05 % 990.62 % 32.58 % -77.64 % -94.85 %
Quick Ratio TTM 0.18 0.11 0.07 0.03 0.01
Total Ranking TTM # 3769 # 4039 # # #
Seq. Current Liabilities TTM Growth -15.4 % -13.35 % -11.78 % -10.53 % 4.78 %
Seq. Cash & cash equivalent TTM Growth 30.11 % 43.08 % 75.68 % 311.26 % 5.5 %

Quick ratio ranking by company, industry and sector >> Back to RMES Financial Strength Comparisons >> Go to Compare RMES Quick Ratio to its Competitors

On the trailing twelve months basis RMES Cash & cash equivalent more than doubled by 1245.05 % in Q4 2024 year on year, while Current Liabilities remained unchanged to $2 millions, this led to increase in in Red Metal Resources Ltd 's Quick Ratio to 0.18, above RMES average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Metal Mining industry 53 other companies have achieved higher Quick Ratio than Red Metal Resources Ltd . While Quick Ratio overall ranking has improved so far to 3769, from total ranking during the twelve months ending third quarter 2024 at 4039.

Explain Quick Ratio?
How much Cash & cash equivalents RMES´s has?
What are RMES´s Current Liabilities?

TTM Quick Ratio Company Ranking
Within: No.
Within the Metal Mining Industry # 54
Basic Materials Sector # 271
Within the Market # 3769


trailing twelve months Quick Ratio Statistics
High Average Low
0.45 0.09 0
(Jan 31 2021)   (Jul 31 2016)




Companies with similar Quick Ratio in the quarter ending Jan 31 2025, within Metal Mining Industry Quick RatioJan 31 2025 MRQ Cash & cash equivalentJan 31 2025 MRQ Current Liabilities
Newmont Corporation  0.48 $ 3,640.000  Millions$ 7,543.000  Millions
Lifezone Metals Limited  0.48 $ 29.284  Millions$ 60.812  Millions
Mac Copper Ltd  0.48 $ 171.897  Millions$ 358.282  Millions
Osisko Development Corp   0.46 $ 63.615  Millions$ 138.861  Millions
B2gold Corp   0.46 $ 336.971  Millions$ 737.039  Millions
Northern Minerals and Exploration Ltd   0.44 $ 0.053  Millions$ 0.121  Millions
Northern Dynasty Minerals Ltd  0.41 $ 12.365  Millions$ 30.192  Millions
Rio Tinto Plc  0.40 $ 8,600.000  Millions$ 21,318.000  Millions
Sigma Lithium Corporation  0.39 $ 45.918  Millions$ 119.100  Millions
Westwater Resources inc   0.37 $ 4.272  Millions$ 11.622  Millions
Nexa Resources S a   0.36 $ 628.112  Millions$ 1,725.231  Millions
Vale s a   0.35 $ 6,053.000  Millions$ 17,324.000  Millions
Mineralrite Corporation  0.34 $ 0.011  Millions$ 0.031  Millions
Gold Fields Limited  0.33 $ 866.300  Millions$ 2,619.200  Millions
Mcewen Inc   0.32 $ 15.309  Millions$ 47.693  Millions
Gold Royalty Corp   0.29 $ 2.267  Millions$ 7.718  Millions
Spring Valley Acquisition Corp Ii  0.29 $ 0.495  Millions$ 1.709  Millions
Sandstorm Gold Ltd   0.27 $ 4.395  Millions$ 16.227  Millions
Contango Silver and Gold Inc   0.26 $ 20.058  Millions$ 75.755  Millions
Ferroglobe Plc  0.23 $ 140.665  Millions$ 606.865  Millions
Landbay Inc  0.23 $ 0.018  Millions$ 0.080  Millions
Taseko Mines Limited  0.23 $ 132.313  Millions$ 585.496  Millions
Coeur Mining Inc   0.19 $ 63.599  Millions$ 330.820  Millions
Americas Gold And Silver Corporation  0.19 $ 20.002  Millions$ 106.743  Millions
Bunker Hill Mining Corp   0.18 $ 3.786  Millions$ 21.342  Millions
New Gold Inc   0.18 $ 105.200  Millions$ 593.600  Millions
Red Metal Resources Ltd   0.18 $ 0.265  Millions$ 1.502  Millions
China Natural Resources Inc   0.18 $ 0.422  Millions$ 2.411  Millions
Niocorp Developments Ltd   0.17 $ 2.047  Millions$ 11.868  Millions
Harmony Gold Mining Company Limited  0.17 $ 4.745  Millions$ 28.691  Millions

Date modified: 2026-06-22T18:22:25+00:00



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