Grand Gulf Energy (ASX:GGE) Quick Ratio: 3.19 (As of Dec. 2025) — 57% Below Median


What is Grand Gulf Energy Quick Ratio?

Grand Gulf Energy ASX:GGE Quick Ratio is 3.19 as of Dec. 2025, which is 57% below its 10-year median of 7.34. The stock has 2 warning signs investors should review. Among 1,016 Oil & Gas companies, Grand Gulf Energy ranks better than 84.15% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Grand Gulf Energy's quick ratio for the quarter that ended in Dec. 2025 was 3.19.

Grand Gulf Energy has a quick ratio of 3.19. It generally indicates good short-term financial strength.

The historical rank and industry rank for Grand Gulf Energy's Quick Ratio or its related term are showing as below:

ASX:GGE' s Quick Ratio Range Over the Past 10 Years
Min: 1.33   Med: 7.34   Max: 67.25
Current: 3.19

During the past 13 years, Grand Gulf Energy's highest Quick Ratio was 67.25. The lowest was 1.33. And the median was 7.34.

ASX:GGE's Quick Ratio is ranked better than
84.15% of 1016 companies
in the Oil & Gas industry
Industry Median: 1.12 vs ASX:GGE: 3.19

Grand Gulf Energy  (ASX:GGE) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Grand Gulf Energy Quick Ratio Related Terms


Grand Gulf Energy Quick Ratio Historical Data

* Premium members only.

The historical data trend for Grand Gulf Energy's Quick Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Grand Gulf Energy Quick Ratio Chart

Grand Gulf Energy Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.58 25.94 1.58 1.33 3.87

Grand Gulf Energy Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.36 1.33 2.23 3.87 3.19

ASX:GGE vs COP, EOG, OXY: Quick Ratio Comparison

For the Oil & Gas E&P subindustry, Grand Gulf Energy's Quick Ratio, along with its competitors' market caps and Quick Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Grand Gulf Energy Quick Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Grand Gulf Energy's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Grand Gulf Energy's Quick Ratio falls into.



Grand Gulf Energy Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

Grand Gulf Energy's Quick Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Quick Ratio (A: Jun. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1.532-0)/0.396
=3.87

Grand Gulf Energy's Quick Ratio for the quarter that ended in Dec. 2025 is calculated as

Quick Ratio (Q: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1.073-0)/0.336
=3.19

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 3.19 mean?
Grand Gulf Energy (ASX:GGE) has a Quick Ratio of 3.19 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Grand Gulf Energy and its competitors. This is 57% below median its historical median of 7.34. Over the past decade, Grand Gulf Energy's Quick Ratio has ranged from 1.33 to 67.25. According to the industry distribution chart, Grand Gulf Energy ranks #161 out of 1016 companies in the Oil & Gas industry, placing it in the top 15.8%.
Is Grand Gulf Energy's Quick Ratio too high?
Grand Gulf Energy's current Quick Ratio of 3.19 is 57% below median its 10-year median of 7.34. Over the past 10 years, this metric has ranged from a low of 1.33 to a high of 67.25. The Oil & Gas industry median Quick Ratio is 1.12. Grand Gulf Energy's value of 3.19 is 184.8% above this industry median. Based on the distribution chart, Grand Gulf Energy ranks #161 out of 1016 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers.
How does Grand Gulf Energy's Quick Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Grand Gulf Energy ranks #161 out of 1016 companies for Quick Ratio. This places Grand Gulf Energy in the top 16% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.12. Grand Gulf Energy's value of 3.19 is 184.8% above this benchmark. Historically, Grand Gulf Energy's own Quick Ratio has ranged from 1.33 to 67.25 over the past decade. While the company's 10-year median is 7.34 vs. the industry median of 1.12, Grand Gulf Energy has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for an Oil & Gas company?
The median Quick Ratio among Oil & Gas companies is 1.12, based on 1,016 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Grand Gulf Energy's current Quick Ratio of 3.19 is 184.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Grand Gulf Energy and its competitors. For the Oil & Gas industry, the median Quick Ratio is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grand Gulf Energy's current Quick Ratio is 3.19, which is 57% below median its own 10-year median of 7.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grand Gulf Energy stock overvalued right now?
Grand Gulf Energy (ASX:GGE) has a current Quick Ratio of 3.19. The current Quick Ratio is 3.19, which is 57% below median its 10-year median of 7.34 and 184.8% above the Oil & Gas industry median of 1.12. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Grand Gulf Energy (ASX:GGE), the current Quick Ratio is 3.19 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Grand Gulf Energy Business Description

Industry EnergyOil & Gas
Other Exchanges GRGUF:USA
Address 56 Kings Park Road, Suite 1G, West Perth, Perth, WA, AUS, 6005
Grand Gulf Energy Ltd is an Australian company engaged in the exploration, evaluation, and development of oil and gas leases. Its flagship project is the Red Helium Project, located in Utah, in the prolific, helium-producing Four Corners area of the USA. The company has one operating segment, being oil and gas production and exploration operations (including exploration for Helium). Geographically, it derives maximum revenue from the United States of America, through oil and gas sales.