Bradda Head LithiumBHLIF -12.07% Quick Ratio is 2.99 as of Aug. 2025, which is 56% below its 10-year median of 6.83. Among 2,638 Metals & Mining companies, Bradda Head Lithium ranks better than 55.99% on this metric.
Bradda Head Lithium has a quick ratio of 2.99. It generally indicates good short-term financial strength.
The historical rank and industry rank for Bradda Head Lithium's Quick Ratio or its related term are showing as below:
BHLIF'
s Quick Ratio Range Over the Past 10 Years
Min: 0.16 Med: 6.83 Max: 23.73
Current: 2.98
During the past 7 years, Bradda Head Lithium's highest Quick Ratio was 23.73. The lowest was 0.16. And the median was 6.83.
BHLIF's Quick Ratio is ranked better than 55.99% of 2638
companies
in the Metals & Mining industry
Industry Median: 2.315
vs BHLIF: 2.98
Bradda Head Lithium (OTCPK:BHLIF) 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.
Bradda Head Lithium Quick Ratio Related Terms
Bradda Head Lithium Quick Ratio Historical Data
* Premium members only.
The historical data trend for Bradda Head Lithium'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.
Bradda Head Lithium Quick Ratio Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Bradda Head Lithium'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.
Bradda Head Lithium Quick Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Bradda Head Lithium's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Bradda Head Lithium'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.
Bradda Head Lithium's Quick Ratio for the fiscal year that ended in Feb. 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.
Bradda Head Lithium (BHLIF) has a Quick Ratio of 2.99 as of Aug. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Bradda Head Lithium and its competitors. This is 56% below median its historical median of 6.83. Over the past decade, Bradda Head Lithium's Quick Ratio has ranged from 0.16 to 23.73. According to the industry distribution chart, Bradda Head Lithium ranks #1161 out of 2638 companies in the Metals & Mining industry, placing it in the top 44%.
Is Bradda Head Lithium's Quick Ratio too high?
Bradda Head Lithium's current Quick Ratio of 2.99 is 56% below median its 10-year median of 6.83. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 23.73. The Metals & Mining industry median Quick Ratio is 2.32. Bradda Head Lithium's value of 2.99 is 29.2% above this industry median. Based on the distribution chart, Bradda Head Lithium ranks #1161 out of 2638 companies in the Metals & Mining industry, which is above the industry midpoint.
How does Bradda Head Lithium's Quick Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Bradda Head Lithium ranks #1161 out of 2638 companies for Quick Ratio. This puts Bradda Head Lithium in the upper half of its industry. The industry median Quick Ratio is 2.32. Bradda Head Lithium's value of 2.99 is 29.2% above this benchmark. Historically, Bradda Head Lithium's own Quick Ratio has ranged from 0.16 to 23.73 over the past decade. While the company's 10-year median is 6.83 vs. the industry median of 2.32, Bradda Head Lithium 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 Metals & Mining company?
The median Quick Ratio among Metals & Mining companies is 2.32, based on 2,638 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. Bradda Head Lithium's current Quick Ratio of 2.99 is 29.2% 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 Bradda Head Lithium and its competitors. For the Metals & Mining industry, the median Quick Ratio is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bradda Head Lithium's current Quick Ratio is 2.99, which is 56% below median its own 10-year median of 6.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bradda Head Lithium stock overvalued right now?
Bradda Head Lithium (BHLIF) has a current Quick Ratio of 2.99. The current Quick Ratio is 2.99, which is 56% below median its 10-year median of 6.83 and 29.2% above the Metals & Mining industry median of 2.32. 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 Bradda Head Lithium (BHLIF), the current Quick Ratio is 2.99 as of Aug. 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.
Bradda Head Lithium Ltd is a lithium exploration company focused on developing its high-quality projects in the USA. The company holds an interest in Pegmatite, Sedimentary, and Brine projects.
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