Aspire Mining

Aspire Mining Quick Ratio

The Quick Ratio (Acid Test) of Aspire Mining (AKM.AX) as of Oct 16, 2026 is 33.45. In the previous year, Quick Ratio (Acid Test) was 139.10 — a change of -75.95% (lower).

Quick Ratio

33.45

YoY

-75.95%

Last updated:

Quick Ratio (Acid Test) of Aspire Mining is 2024 33.45 . Quick Ratio (Acid Test) of Aspire Mining was 2023 139.10 . It decreases by -75.95% lower compared to the previous year.

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Aspire Mining Stock analysis

What does Aspire Mining do? Aspire Mining Ltd., listed on the Australian Securities Exchange under ticker AKM.AX, is a mineral exploration and development company headquartered in Perth, Western Australia. The company went public on February 6, 2007. It focuses on developing metallurgical coal assets in Mongolia, primarily its wholly owned Ovoot Coking Coal Project (OCCP). Aspire Mining owns 100% of the Ovoot Coking Coal Project and 90% of the Nuurstei Coking Coal Project. The Ovoot Project is located in north-western Mongolia and involves open-pit mining, on-site washing, and transportation via a Company-owned rail terminal in Erdenet for delivery to customers in China and Russia. The Nuurstei project is situated approximately 10 kilometers from Moron and 160 kilometers northeast of Ovoot. Aspire Mining is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Aspire Mining stock

Quick Ratio (Acid Test) of Aspire Mining is 33.45 in 2024.

Quick Ratio (Acid Test) of Aspire Mining changed from 139.10 to 33.45, representing a -75.95% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Quick Ratio (Acid Test) Aspire Mining since 2006 – with annual values, charts, and detailed analysis.

The Quick Ratio measures liquidity by comparing liquid assets to current liabilities, excluding inventory. It is a more conservative measure than the current ratio.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Quick Ratio (Acid Test)'s Aspire Mining with sector peers and the industry average to assess whether it is attractive.

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Leverage — Aspire Mining

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