Omega Oil & GasASX:OMA +6.67%30 Quick Ratio is 66.92 as of Dec. 2025, which is 288% above its 10-year median of 17.24. GuruFocus rates ASX:OMA with a GF Score™ of 30/100. The stock has 4 warning signs investors should review. Among 1,016 Oil & Gas companies, Omega Oil & Gas ranks better than 99.11% 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. Omega Oil & Gas's quick ratio for the quarter that ended in Dec. 2025 was 66.92.
Omega Oil & Gas has a quick ratio of 66.92. It generally indicates good short-term financial strength.
The historical rank and industry rank for Omega Oil & Gas's Quick Ratio or its related term are showing as below:
ASX:OMA'
s Quick Ratio Range Over the Past 10 Years
Min: 1.5 Med: 17.24 Max: 66.92
Current: 66.92
During the past 4 years, Omega Oil & Gas's highest Quick Ratio was 66.92. The lowest was 1.50. And the median was 17.24.
ASX:OMA's Quick Ratio is ranked better than 99.11% of 1016
companies
in the Oil & Gas industry
Industry Median: 1.12
vs ASX:OMA: 66.92
Omega Oil & Gas (ASX:OMA) 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.
Omega Oil & Gas Quick Ratio Related Terms
Omega Oil & Gas Quick Ratio Historical Data
* Premium members only.
The historical data trend for Omega Oil & Gas'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 Oil & Gas E&P subindustry, Omega Oil & Gas'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.
Omega Oil & Gas Quick Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Omega Oil & Gas's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Omega Oil & Gas'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.
Omega Oil & Gas's Quick Ratio for the fiscal year that ended in Jun. 2025 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.
Omega Oil & Gas (ASX:OMA) has a Quick Ratio of 66.92 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Omega Oil & Gas and its competitors. This is 288% above median its historical median of 17.24. Over the past decade, Omega Oil & Gas' Quick Ratio has ranged from 1.50 to 66.92. According to the industry distribution chart, Omega Oil & Gas ranks #9 out of 1016 companies in the Oil & Gas industry, placing it in the top 0.90000000000001%.
Is Omega Oil & Gas' Quick Ratio too high?
Omega Oil & Gas' current Quick Ratio of 66.92 is 288% above median its 10-year median of 17.24. Over the past 10 years, this metric has ranged from a low of 1.50 to a high of 66.92. The Oil & Gas industry median Quick Ratio is 1.12. Omega Oil & Gas' value of 66.92 is 5875% above this industry median. Based on the distribution chart, Omega Oil & Gas ranks #9 out of 1016 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Omega Oil & Gas has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Omega Oil & Gas' Quick Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Omega Oil & Gas ranks #9 out of 1016 companies for Quick Ratio. This places Omega Oil & Gas in the top 1% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.12. Omega Oil & Gas' value of 66.92 is 5875% above this benchmark. Historically, Omega Oil & Gas' own Quick Ratio has ranged from 1.50 to 66.92 over the past decade. While the company's 10-year median is 17.24 vs. the industry median of 1.12, Omega Oil & Gas 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. Omega Oil & Gas's current Quick Ratio of 66.92 is 5875% 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 Omega Oil & Gas 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. Omega Oil & Gas's current Quick Ratio is 66.92, which is 288% above median its own 10-year median of 17.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Omega Oil & Gas stock overvalued right now?
Omega Oil & Gas (ASX:OMA) has a current Quick Ratio of 66.92. The current Quick Ratio is 66.92, which is 288% above median its 10-year median of 17.24 and 5875% above the Oil & Gas industry median of 1.12. Omega Oil & Gas' overall GF Score™ is 30/100 with 4 warning signs to review. 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 Omega Oil & Gas (ASX:OMA), the current Quick Ratio is 66.92 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.
Omega Oil & Gas Ltd is an Australian exploration company unlocking oil and gas resources in Queensland's Taroom Trough, an emerging energy frontier. The company is advancing the Canyon Project within this under-explored region of the south Bowen Basin. Appraisal activities include drilling and fracture stimulation of the Canyon-1H well, and data acquisition at Canyon-2 confirming an extensive petroleum system. The company holds 100% interest in Authority to Prospect 2037 and 2038 located west of Tara. It is also conducting a strategic review of the Bennett Oil project in Petroleum Lease 17 near the Surat Basin and engaging with potential farm-in partners.
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