Eastern Resources

Eastern Resources Quick Ratio

The Quick Ratio (Acid Test) of Eastern Resources (EFE.AX) as of Oct 11, 2026 is 29.66. In the previous year, Quick Ratio (Acid Test) was 17.55 — a change of 69.00% (higher).

Quick Ratio

29.66

YoY

69.00%

Last updated:

Quick Ratio (Acid Test) of Eastern Resources is 2026 29.66 . Quick Ratio (Acid Test) of Eastern Resources was 2025 17.55 . It decreases by 69.00% higher compared to the previous year.
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Eastern Resources Stock analysis

What does Eastern Resources do? Eastern Iron Ltd is an Australian company specializing in the extraction, processing, and sale of iron and steel products. The company was founded in 2005 and is based in Perth, Western Australia. It started with the discovery of mineral resources in the Pilbara regions of Western Australia, specifically large deposits of iron ore. Since then, the company has expanded its operations to other regions and countries such as China, India, and Brazil. Eastern Iron aims to offer high-quality products and services to its customers at a reasonable price. It not only focuses on the sale of iron and steel products but also deals with other related products like copper, aluminum, and other heavy metals. The company is divided into several divisions specializing in different aspects of the value chain. It has mines in various regions and countries to extract the necessary raw materials, utilizing advanced technologies and processes to maximize efficiency and sustainability. The extracted raw materials are then processed in the company's processing units located in different countries, ultimately producing high-quality iron and steel products like rolled steel, steel plates, and wire. Eastern Iron is also actively involved in other areas of the iron and steel industry, such as transportation and distribution. It has its own fleet of trucks and trains for safe and effective transportation of its products. The company also maintains numerous warehouses to ensure a sufficient supply of products for its customers. Eastern Iron has expanded its range of product services in recent years, offering a wide range of technical and professional services, including planning, construction, and monitoring of mining and processing facilities, as well as support for certification and quality monitoring. The company is committed to adhering to ethical and social principles, maintaining a strict code of conduct, and conducting regular audits to ensure its business practices adhere to the highest standards. Overall, Eastern Iron is a significant player in the global iron and steel industry. It possesses extensive resources and expertise to maintain its competitiveness and innovation. However, it also strives to ensure that its activities align with the requirements of environmental protection and sustainability. Eastern Resources is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Eastern Resources stock

Quick Ratio (Acid Test) of Eastern Resources is 29.66 in 2026.

Quick Ratio (Acid Test) of Eastern Resources changed from 17.55 to 29.66, representing a 69.00% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Quick Ratio (Acid Test) Eastern Resources 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 Eastern Resources with sector peers and the industry average to assess whether it is attractive.

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