Little Green PharmaASX:LGP Quick Ratio is 1.50 as of Mar. 2026, which is 15% below its 10-year median of 1.77. The stock has 3 warning signs investors should review. Among 997 Drug Manufacturers companies, Little Green Pharma ranks better than 51.86% on this metric.
Little Green Pharma has a quick ratio of 1.50. It generally indicates good short-term financial strength.
The historical rank and industry rank for Little Green Pharma's Quick Ratio or its related term are showing as below:
ASX:LGP'
s Quick Ratio Range Over the Past 10 Years
Min: 1.02 Med: 1.77 Max: 6.58
Current: 1.5
During the past 7 years, Little Green Pharma's highest Quick Ratio was 6.58. The lowest was 1.02. And the median was 1.77.
ASX:LGP's Quick Ratio is ranked better than 51.86% of 997
companies
in the Drug Manufacturers industry
Industry Median: 1.45
vs ASX:LGP: 1.50
Little Green Pharma (ASX:LGP) 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.
Little Green Pharma Quick Ratio Related Terms
Little Green Pharma Quick Ratio Historical Data
* Premium members only.
The historical data trend for Little Green Pharma'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.
For the Drug Manufacturers - Specialty & Generic subindustry, Little Green Pharma'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.
Little Green Pharma Quick Ratio vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Little Green Pharma's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Little Green Pharma's Quick Ratio falls into.
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.
Little Green Pharma's Quick Ratio for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Little Green Pharma (ASX:LGP) has a Quick Ratio of 1.50 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Little Green Pharma and its competitors. This is 15% below median its historical median of 1.77. Over the past decade, Little Green Pharma's Quick Ratio has ranged from 1.02 to 6.58. According to the industry distribution chart, Little Green Pharma ranks #480 out of 997 companies in the Drug Manufacturers industry, placing it in the top 48.1%.
Is Little Green Pharma's Quick Ratio too high?
Little Green Pharma's current Quick Ratio of 1.50 is 15% below median its 10-year median of 1.77. Over the past 10 years, this metric has ranged from a low of 1.02 to a high of 6.58. The Drug Manufacturers industry median Quick Ratio is 1.45. Little Green Pharma's value of 1.50 is 3.4% above this industry median. Based on the distribution chart, Little Green Pharma ranks #480 out of 997 companies in the Drug Manufacturers industry, which is above the industry midpoint.
How does Little Green Pharma's Quick Ratio compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Little Green Pharma ranks #480 out of 997 companies for Quick Ratio. This puts Little Green Pharma in the upper half of its industry. The industry median Quick Ratio is 1.45. Little Green Pharma's value of 1.50 is 3.4% above this benchmark. Historically, Little Green Pharma's own Quick Ratio has ranged from 1.02 to 6.58 over the past decade. While the company's 10-year median is 1.77 vs. the industry median of 1.45, Little Green Pharma 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 a Drug Manufacturers company?
The median Quick Ratio among Drug Manufacturers companies is 1.45, based on 997 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. Little Green Pharma's current Quick Ratio of 1.50 is 3.4% 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 Little Green Pharma and its competitors. For the Drug Manufacturers industry, the median Quick Ratio is 1.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Little Green Pharma's current Quick Ratio is 1.50, which is 15% below median its own 10-year median of 1.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Little Green Pharma stock overvalued right now?
Based on GuruFocus' analysis, Little Green Pharma (ASX:LGP) is currently considered Significantly Undervalued. The stock's GF Value™ is A$0.17, compared to a current price of A$0.06 — trading 62.4% below its estimated fair value. The current Quick Ratio is 1.50, which is 15% below median its 10-year median of 1.77 and 3.4% above the Drug Manufacturers industry median of 1.45. 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 Little Green Pharma (ASX:LGP), the current Quick Ratio is 1.50 as of Mar. 2026. 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.
Little Green Pharma Ltd is engaged in the vertically integrated medicinal cannabis business. The business activities of the company include cultivation, production, research and development, manufacturing, and distribution of medicinal cannabis products. The company's two key types of products available at Little Green Pharma are oils (which are ingested) and flowers (which are usually inhaled through vaporizing). It offers LGP-branded medicinal cannabis oil products in the Australian and European markets. The Group is organized into two operating segments: Australia and Europe (cultivation, production and distribution of cannabis products to Australian and European customers).
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