Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Candelaria MiningCDELF Quick Ratio is 0.29 as of Jan. 2026, which is 37% below its 10-year median of 0.46. Among 2,641 Metals & Mining companies, Candelaria Mining ranks worse than 87.32% on this metric.
Candelaria Mining has a quick ratio of 0.29. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Candelaria Mining's Quick Ratio or its related term are showing as below:
CDELF'
s Quick Ratio Range Over the Past 10 Years
Min: 0.01 Med: 0.46 Max: 19.23
Current: 0.29
During the past 13 years, Candelaria Mining's highest Quick Ratio was 19.23. The lowest was 0.01. And the median was 0.46.
CDELF's Quick Ratio is ranked worse than 87.32% of 2641
companies
in the Metals & Mining industry
Industry Median: 2.32
vs CDELF: 0.29
Candelaria Mining (OTCPK:CDELF) 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.
Candelaria Mining Quick Ratio Related Terms
Candelaria Mining Quick Ratio Historical Data
* Premium members only.
The historical data trend for Candelaria Mining'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 Gold subindustry, Candelaria Mining'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.
Candelaria Mining Quick Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Candelaria Mining's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Candelaria Mining'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.
Candelaria Mining's Quick Ratio for the fiscal year that ended in Apr. 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.
Candelaria Mining (CDELF) has a Quick Ratio of 0.29 as of Jan. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Candelaria Mining and its competitors. This is 37% below median its historical median of 0.46. Over the past decade, Candelaria Mining's Quick Ratio has ranged from 0.01 to 19.23. According to the industry distribution chart, Candelaria Mining ranks #2306 out of 2641 companies in the Metals & Mining industry, placing it in the top 87.3%.
Is Candelaria Mining's Quick Ratio too high?
Candelaria Mining's current Quick Ratio of 0.29 is 37% below median its 10-year median of 0.46. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 19.23. The Metals & Mining industry median Quick Ratio is 2.32. Candelaria Mining's value of 0.29 is 87.5% below this industry median. Based on the distribution chart, Candelaria Mining ranks #2306 out of 2641 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Candelaria Mining's Quick Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Candelaria Mining ranks #2306 out of 2641 companies for Quick Ratio. This places Candelaria Mining in the lower half of its industry. The industry median Quick Ratio is 2.32. Candelaria Mining's value of 0.29 is 87.5% below this benchmark. Historically, Candelaria Mining's own Quick Ratio has ranged from 0.01 to 19.23 over the past decade. While the company's 10-year median is 0.46 vs. the industry median of 2.32, Candelaria Mining has consistently been below 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 2,641 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. Candelaria Mining's current Quick Ratio of 0.29 is 87.5% 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 Candelaria Mining 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. Candelaria Mining's current Quick Ratio is 0.29, which is 37% below median its own 10-year median of 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Candelaria Mining stock overvalued right now?
Candelaria Mining (CDELF) has a current Quick Ratio of 0.29. The current Quick Ratio is 0.29, which is 37% below median its 10-year median of 0.46 and 87.5% 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 Candelaria Mining (CDELF), the current Quick Ratio is 0.29 as of Jan. 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.
Candelaria Mining Corp is a precious metals-focused exploration and mining company. It has two gold projects in Mexico: the 100%-owned construction-ready high-grade Pinos gold project located in the state of Zacatecas, and the 100%-owned exploration stage Caballo Blanco project located in the state of Veracruz. The Company operates in a single operating segment: mineral exploration in Mexico.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CDELF has been successfully added to your 
