COMCF (Canada One Mining) Quick Ratio: 0.01 (As of Jan. 2026) — 67% Below Median


What is Canada One Mining Quick Ratio?

Canada One Mining COMCF Quick Ratio is 0.01 as of Jan. 2026, which is 67% below its 10-year median of 0.03. The stock has 2 warning signs investors should review. Among 2,638 Metals & Mining companies, Canada One Mining ranks worse than 98.6% 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. Canada One Mining's quick ratio for the quarter that ended in Jan. 2026 was 0.01.

Canada One Mining has a quick ratio of 0.01. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Canada One Mining's Quick Ratio or its related term are showing as below:

COMCF' s Quick Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.03   Max: 0.83
Current: 0.01

During the past 13 years, Canada One Mining's highest Quick Ratio was 0.83. The lowest was 0.01. And the median was 0.03.

COMCF's Quick Ratio is ranked worse than
98.6% of 2638 companies
in the Metals & Mining industry
Industry Median: 2.32 vs COMCF: 0.01

Canada One Mining  (OTCPK:COMCF) 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.


Canada One Mining Quick Ratio Related Terms


Canada One Mining Quick Ratio Historical Data

* Premium members only.

The historical data trend for Canada One 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.

Canada One Mining Quick Ratio Chart

Canada One Mining Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.01 0.12 0.04 0.01

Canada One Mining Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
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 0.00 0.01 0.01 0.01 0.01

Canada One Mining Quick Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Canada One 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.


Canada One Mining Quick Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Canada One Mining's Quick Ratio falls into.



Canada One Mining 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.

Canada One Mining's Quick Ratio for the fiscal year that ended in Jul. 2025 is calculated as

Quick Ratio (A: Jul. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.016-0)/1.333
=0.01

Canada One Mining's Quick Ratio for the quarter that ended in Jan. 2026 is calculated as

Quick Ratio (Q: Jan. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.012-0)/1.396
=0.01

* 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 0.01 mean?
Canada One Mining (COMCF) has a Quick Ratio of 0.01 as of Jan. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Canada One Mining and its competitors. This is 67% below median its historical median of 0.03. Over the past decade, Canada One Mining's Quick Ratio has ranged from 0.01 to 0.83. According to the industry distribution chart, Canada One Mining ranks #2601 out of 2638 companies in the Metals & Mining industry, placing it in the top 98.6%.
Is Canada One Mining's Quick Ratio too high?
Canada One Mining's current Quick Ratio of 0.01 is 67% below median its 10-year median of 0.03. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.83. The Metals & Mining industry median Quick Ratio is 2.32. Canada One Mining's value of 0.01 is 99.6% below this industry median. Based on the distribution chart, Canada One Mining ranks #2601 out of 2638 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Canada One Mining's Quick Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Canada One Mining ranks #2601 out of 2638 companies for Quick Ratio. This places Canada One Mining in the lower half of its industry. The industry median Quick Ratio is 2.32. Canada One Mining's value of 0.01 is 99.6% below this benchmark. Historically, Canada One Mining's own Quick Ratio has ranged from 0.01 to 0.83 over the past decade. While the company's 10-year median is 0.03 vs. the industry median of 2.32, Canada One 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 2,638 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. Canada One Mining's current Quick Ratio of 0.01 is 99.6% 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 Canada One 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. Canada One Mining's current Quick Ratio is 0.01, which is 67% below median its own 10-year median of 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canada One Mining stock overvalued right now?
Canada One Mining (COMCF) has a current Quick Ratio of 0.01. The current Quick Ratio is 0.01, which is 67% below median its 10-year median of 0.03 and 99.6% 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 Canada One Mining (COMCF), the current Quick Ratio is 0.01 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.

Canada One Mining Business Description

Other Exchanges AU31:GermanyCONE:Canada
Address 750 West Pender Street, Suite 250, Vancouver, BC, CAN, V6C 2T7
Canada One Mining Corp is focused on the exploration of its resource properties in British Columbia and has not yet determined whether its exploration and evaluation assets contain mineral reserves that are economically recoverable. The Company's projects include the Copper Dome Project, the Zeus Property, and the Gold Drop Property.