CADIF (Cadillac Ventures) Quick Ratio: 1.06 (As of Feb. 2021)


What is Cadillac Ventures Quick Ratio?

Cadillac Ventures CADIF Quick Ratio is 1.06 as of Feb. 2021.

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. Cadillac Ventures's quick ratio for the quarter that ended in Feb. 2021 was 1.06.

Cadillac Ventures has a quick ratio of 1.06. It generally indicates good short-term financial strength.

The historical rank and industry rank for Cadillac Ventures's Quick Ratio or its related term are showing as below:

CADIF's Quick Ratio is not ranked *
in the Metals & Mining industry.
Industry Median: 2.32
* Ranked among companies with meaningful Quick Ratio only.

Cadillac Ventures  (GREY:CADIF) 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.

Cadillac Ventures Quick Ratio Related Terms

Cadillac Ventures Quick Ratio Historical Data

* Premium members only.

The historical data trend for Cadillac Ventures'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.

Cadillac Ventures Quick Ratio Chart

Cadillac Ventures Annual Data
Trend May11 May12 May13 May14 May15 May16 May17 May18 May19 May20
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 1.16 0.83 0.30 0.15

Cadillac Ventures Quarterly Data
May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21
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 0.16 0.15 0.18 0.13 1.06

Cadillac Ventures Quick Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Cadillac Ventures'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.

Cadillac Ventures Quick Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Cadillac Ventures's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Cadillac Ventures's Quick Ratio falls into.


Cadillac Ventures 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.

Cadillac Ventures's Quick Ratio for the fiscal year that ended in May. 2020 is calculated as

Quick Ratio (A: May. 2020 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.233-0)/1.514
=0.15

Cadillac Ventures's Quick Ratio for the quarter that ended in Feb. 2021 is calculated as

Quick Ratio (Q: Feb. 2021 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1.481-0)/1.393
=1.06

* 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 1.06 mean?
Cadillac Ventures (CADIF) has a Quick Ratio of 1.06 as of Feb. 2021. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Cadillac Ventures and its competitors.
Is Cadillac Ventures' Quick Ratio too high?
Cadillac Ventures' current Quick Ratio is 1.06. The Metals & Mining industry median Quick Ratio is 2.32. Cadillac Ventures' value of 1.06 is 54.3% below this industry median.
How does Cadillac Ventures' Quick Ratio compare to competitors?
Cadillac Ventures' Quick Ratio of 1.06 can be compared against companies in the Metals & Mining industry. The industry median Quick Ratio is 2.32. Cadillac Ventures' value of 1.06 is 54.3% below this benchmark. 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. Cadillac Ventures's current Quick Ratio of 1.06 is 54.3% below 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 Cadillac Ventures 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. Cadillac Ventures's current Quick Ratio is 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cadillac Ventures stock overvalued right now?
Cadillac Ventures (CADIF) has a current Quick Ratio of 1.06. The current Quick Ratio is 1.06 and 54.3% below 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 Cadillac Ventures (CADIF), the current Quick Ratio is 1.06 as of Feb. 2021. 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.

Cadillac Ventures Business Description

Address 955 Brock Road, Unit 1b, Pickering, ON, CAN, L1W 2X9
Cadillac Ventures Inc is a development-focused exploration company operating in Canada. It is engaged in the exploration and development of mineral properties. The company owns an interest in Thierry Project located in Northwestern Ontario and Burnt Hill Project.