Regardless of the sequential decrease in Current Liabilities, during the fourth quarter 2021, Quick Ratio deteriorated to 0.17 below Turquoise Hill Resources Ltd 's average Quick Ratio.

Within Metal Mining industry 92 other companies have achieved higher Quick Ratio than Turquoise Hill Resources Ltd in fourth quarter 2021. While Quick Ratio total ranking in the fourth quarter 2021 has deteriorated compared to the prior quarter from to 4103.

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TRQ Quick Ratio	(Dec 31 2021) Q4	(Dec 31 2020) Q3	(Dec 31 2019) Q2	0 Q1	0 Q4
Y / Y Current Liabilities Change	697.9 %	773.41 %	-0.23 %	-2.57 %	-2.57 %
Y / Y Cash & cash equivalent Change	-57.97 %	-31.98 %	3.05 %	3.05 %	3.05 %
Quick Ratio MRQ	0.17	0.25	0.32	3.17	3.17
TRQ's Total Ranking	# 4103	#	#	#	#
Seq. Current Liabilities Change	-8.65 %	-11.82 %	890.48 %	0 %	0 %
Seq. Cash & cash equivalent Change	-38.21 %	-31.98 %	0 %	0 %	0 %

Quick Ratio fourth quarter 2021 Company Ranking
Within:	No.
Metal Mining Industry	# 93
Basic Materials Sector	# 288
Overall Market	# 4103

Quick Ratio Statistics
High	Average	Low
3.17	1.39	0.06
0		(Dec 31 2013)

Financial Statements
Turquoise Hill Resources Ltd 's Current Liabilities	$ 4,154 Millions	Visit TRQ's Balance sheet
Turquoise Hill Resources Ltd 's Cash & cash equivalent	$ 694 Millions	Visit TRQ's Balance sheet
Source of TRQ's Sales		Visit TRQ's Sales by Geography

Cumulative Turquoise Hill Resources Ltd 's Quick Ratio

TRQ's Quick Ratio for the trailling 12 Months

TRQ Quick Ratio	(Dec 31 2021) 12 Months	(Dec 31 2020) 12 Months	(Dec 31 2019) 12 Months	0 12 Months	0 12 Months
Y / Y Current Liabilities TTM Growth	113.2 %	59 %	-0.79 %	8.81 %	19.35 %
Y / Y Cash & cash equivalent TTM Growth	-21.32 %	-5.91 %	3.05 %	4.88 %	39.97 %
Quick Ratio TTM	0.36	0.57	0.98	0.97	0.97
Total Ranking TTM	# 4715	#	#	#	#
Seq. Current Liabilities TTM Growth	33.81 %	59.93 %	-0.18 %	-0.2 %	-0.2 %
Seq. Cash & cash equivalent TTM Growth	-15.75 %	-8 %	0.75 %	0.75 %	0.76 %

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

On the trailing twelve months basis Due to decrease in Current Liabilities in the Q4 2021 to $4,154.27 millions, cumulative Quick Ratio decreased to 0.36 below the Turquoise Hill Resources Ltd average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Metal Mining industry 87 other companies have achieved higher Quick Ratio than Turquoise Hill Resources Ltd . While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the fourth quarter 2020 from to 4715.

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

TTM Quick Ratio Company Ranking
Within:	No.
Within the Metal Mining Industry	# 88
Basic Materials Sector	# 342
Within the Market	# 4715

trailing twelve months Quick Ratio Statistics
High	Average	Low
3.17	3.09	3
(Dec 31 2019)		(Dec 31 2018)

Companies with similar Quick Ratio in the quarter ending Dec 31 2021, within Metal Mining Industry	Quick Ratio	Dec 31 2021 MRQ Cash & cash equivalent	Dec 31 2021 MRQ Current Liabilities
Nexa Resources S a	0.46	$ 752.520 Millions	$ 1,652.602 Millions
Pan American Silver Corp	0.44	$ 303.882 Millions	$ 697.162 Millions
Vale s a	0.44	$ 12,993.000 Millions	$ 29,823.000 Millions
Taseko Mines Limited	0.40	$ 185.307 Millions	$ 459.739 Millions
Hycroft Mining Holding Corporation	0.40	$ 12.342 Millions	$ 31.140 Millions
Corvus Gold Inc	0.33	$ 5.015 Millions	$ 15.008 Millions
Agnico Eagle Mines Limited	0.30	$ 193.460 Millions	$ 639.673 Millions
Gold Fields Limited	0.29	$ 524.700 Millions	$ 1,784.300 Millions
Americas Gold And Silver Corporation	0.26	$ 5.800 Millions	$ 22.027 Millions
Silver Bull Resources Inc	0.24	$ 0.190 Millions	$ 0.791 Millions
Lithium Americas Corp	0.21	$ 0.933 Millions	$ 4.517 Millions
Metalla Royalty and Streaming Ltd	0.20	$ 2.344 Millions	$ 11.604 Millions
Hudbay Minerals Inc	0.19	$ 270.989 Millions	$ 1,429.068 Millions
Avrupa Minerals Ltd	0.17	$ 0.109 Millions	$ 0.629 Millions
Turquoise Hill Resources Ltd	0.17	$ 694.296 Millions	$ 4,154.271 Millions
Scandium International Mining Corp	0.17	$ 0.094 Millions	$ 0.568 Millions
Ferroglobe Plc	0.16	$ 122.051 Millions	$ 764.329 Millions
Indigenous Roots Corp	0.16	$ 0.182 Millions	$ 1.152 Millions
Aurasource Inc	0.14	$ 0.020 Millions	$ 0.135 Millions
Liberty Star Uranium and Metals Corp	0.13	$ 0.103 Millions	$ 0.795 Millions
Orla Mining Ltd	0.12	$ 20.516 Millions	$ 173.828 Millions
Artisan Consumer Goods Inc	0.09	$ 0.020 Millions	$ 0.232 Millions
Stardust Power Inc	0.05	$ 0.842 Millions	$ 15.728 Millions

Date modified: -0001-11-30T00:00:00+00:00

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