CleanGo InnovationsCLGOF 22 Quick Ratio is 0.13 as of Dec. 2025, which is 32% below its 10-year median of 0.19. GuruFocus rates CLGOF with a GF Score™ of 22/100 and a GF Value™ of $0.18 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,987 Consumer Packaged Goods companies, CleanGo Innovations ranks worse than 97.13% on this metric.
CleanGo Innovations has a quick ratio of 0.13. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for CleanGo Innovations's Quick Ratio or its related term are showing as below:
CLGOF'
s Quick Ratio Range Over the Past 10 Years
Min: 0.05 Med: 0.19 Max: 0.75
Current: 0.13
During the past 10 years, CleanGo Innovations's highest Quick Ratio was 0.75. The lowest was 0.05. And the median was 0.19.
CLGOF's Quick Ratio is ranked worse than 97.13% of 1987
companies
in the Consumer Packaged Goods industry
Industry Median: 1.12
vs CLGOF: 0.13
CleanGo Innovations (OTCPK:CLGOF) 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.
CleanGo Innovations Quick Ratio Related Terms
CleanGo Innovations Quick Ratio Historical Data
* Premium members only.
The historical data trend for CleanGo Innovations'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 Household & Personal Products subindustry, CleanGo Innovations'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.
CleanGo Innovations Quick Ratio vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, CleanGo Innovations's Quick Ratio distribution charts can be found below:
* The bar in red indicates where CleanGo Innovations'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.
CleanGo Innovations's Quick Ratio for the fiscal year that ended in Dec. 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.
CleanGo Innovations (CLGOF) has a Quick Ratio of 0.13 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on CleanGo Innovations and its competitors. This is 32% below median its historical median of 0.19. Over the past decade, CleanGo Innovations' Quick Ratio has ranged from 0.05 to 0.75. According to the industry distribution chart, CleanGo Innovations ranks #1930 out of 1987 companies in the Consumer Packaged Goods industry, placing it in the top 97.1%.
Is CleanGo Innovations' Quick Ratio too high?
CleanGo Innovations' current Quick Ratio of 0.13 is 32% below median its 10-year median of 0.19. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 0.75. The Consumer Packaged Goods industry median Quick Ratio is 1.12. CleanGo Innovations' value of 0.13 is 88.4% below this industry median. Based on the distribution chart, CleanGo Innovations ranks #1930 out of 1987 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, CleanGo Innovations has a GF Score™ of 22/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CleanGo Innovations' Quick Ratio compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, CleanGo Innovations ranks #1930 out of 1987 companies for Quick Ratio. This places CleanGo Innovations in the lower half of its industry. The industry median Quick Ratio is 1.12. CleanGo Innovations' value of 0.13 is 88.4% below this benchmark. Historically, CleanGo Innovations' own Quick Ratio has ranged from 0.05 to 0.75 over the past decade. While the company's 10-year median is 0.19 vs. the industry median of 1.12, CleanGo Innovations 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 Consumer Packaged Goods company?
The median Quick Ratio among Consumer Packaged Goods companies is 1.12, based on 1,987 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. CleanGo Innovations's current Quick Ratio of 0.13 is 88.4% 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 CleanGo Innovations and its competitors. For the Consumer Packaged Goods 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. CleanGo Innovations's current Quick Ratio is 0.13, which is 32% below median its own 10-year median of 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CleanGo Innovations stock overvalued right now?
Based on GuruFocus' analysis, CleanGo Innovations (CLGOF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.18, compared to a current price of $0.55 — trading 205.6% above its estimated fair value. The current Quick Ratio is 0.13, which is 32% below median its 10-year median of 0.19 and 88.4% below the Consumer Packaged Goods industry median of 1.12. CleanGo Innovations' overall GF Score™ is 22/100 with 6 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 CleanGo Innovations (CLGOF), the current Quick Ratio is 0.13 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.
Is CleanGo Innovations (CLGOF) Overvalued in 2026?
Based on GuruFocus' analysis, CleanGo Innovations stock appears to be overvalued.
The current stock price of $0.55 is trading 205.6% above its estimated GF Value™ of $0.18.
GuruFocus considers CleanGo Innovations to be Significantly Overvalued.
Key valuation signals for CLGOF:
Quick Ratio: 0.13 (32% below median its 10-year median of 0.19)
GF Value™: $0.18 vs. price of $0.55 (205.6% above fair value)
Industry Position: 88.4% below the Consumer Packaged Goods median (#1930 of 1987)
No single metric tells the full story. See the CLGOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CleanGo Innovations Inc principal business activity is to manufacture and sell cleaning, disinfecting and industrial solutions using a proprietary formula which is non-toxic, biodegradable and uses no harsh chemicals to provide a green cleaning, disinfecting and emulsifying solution to buyers. The Company has two reportable and operating segments which supply cleaning and disinfecting products to customers directly or through online distributers. Geographically the company has presence in Canada and USA. The company generates the majority of its revenue from Canada.
22GF Score
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