CUIRF (Velox Energy Materials) Quick Ratio: 19.39 (As of Mar. 2026) — 652% Above Median


What is Velox Energy Materials Quick Ratio?

Velox Energy Materials CUIRF Quick Ratio is 19.39 as of Mar. 2026, which is 652% above its 10-year median of 2.58. Among 2,638 Metals & Mining companies, Velox Energy Materials ranks better than 88.44% 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. Velox Energy Materials's quick ratio for the quarter that ended in Mar. 2026 was 19.39.

Velox Energy Materials has a quick ratio of 19.39. It generally indicates good short-term financial strength.

The historical rank and industry rank for Velox Energy Materials's Quick Ratio or its related term are showing as below:

CUIRF' s Quick Ratio Range Over the Past 10 Years
Min: 0.27   Med: 2.58   Max: 19.36
Current: 19.36

During the past 13 years, Velox Energy Materials's highest Quick Ratio was 19.36. The lowest was 0.27. And the median was 2.58.

CUIRF's Quick Ratio is ranked better than
88.44% of 2638 companies
in the Metals & Mining industry
Industry Median: 2.32 vs CUIRF: 19.36

Velox Energy Materials  (OTCPK:CUIRF) 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.


Velox Energy Materials Quick Ratio Related Terms


Velox Energy Materials Quick Ratio Historical Data

* Premium members only.

The historical data trend for Velox Energy Materials'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.

Velox Energy Materials Quick Ratio Chart

Velox Energy Materials Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 7.38 11.01 3.89 1.35

Velox Energy Materials Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.65 2.77 3.34 1.35 19.39

Velox Energy Materials Quick Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Velox Energy Materials'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.


Velox Energy Materials Quick Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Velox Energy Materials's Quick Ratio falls into.



Velox Energy Materials 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.

Velox Energy Materials's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.173-0)/0.128
=1.35

Velox Energy Materials's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(2.23-0)/0.115
=19.39

* 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 19.39 mean?
Velox Energy Materials (CUIRF) has a Quick Ratio of 19.39 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Velox Energy Materials and its competitors. This is 652% above median its historical median of 2.58. Over the past decade, Velox Energy Materials' Quick Ratio has ranged from 0.27 to 19.36. According to the industry distribution chart, Velox Energy Materials ranks #305 out of 2638 companies in the Metals & Mining industry, placing it in the top 11.6%.
Is Velox Energy Materials' Quick Ratio too high?
Velox Energy Materials' current Quick Ratio of 19.39 is 652% above median its 10-year median of 2.58. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 19.36. The Metals & Mining industry median Quick Ratio is 2.32. Velox Energy Materials' value of 19.39 is 735.8% above this industry median. Based on the distribution chart, Velox Energy Materials ranks #305 out of 2638 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does Velox Energy Materials' Quick Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Velox Energy Materials ranks #305 out of 2638 companies for Quick Ratio. This places Velox Energy Materials in the top 12% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 2.32. Velox Energy Materials' value of 19.39 is 735.8% above this benchmark. Historically, Velox Energy Materials' own Quick Ratio has ranged from 0.27 to 19.36 over the past decade. While the company's 10-year median is 2.58 vs. the industry median of 2.32, Velox Energy Materials 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. Velox Energy Materials's current Quick Ratio of 19.39 is 735.8% 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 Velox Energy Materials 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. Velox Energy Materials's current Quick Ratio is 19.39, which is 652% above median its own 10-year median of 2.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Velox Energy Materials stock overvalued right now?
Velox Energy Materials (CUIRF) has a current Quick Ratio of 19.39. The current Quick Ratio is 19.39, which is 652% above median its 10-year median of 2.58 and 735.8% 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 Velox Energy Materials (CUIRF), the current Quick Ratio is 19.39 as of Mar. 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.

Velox Energy Materials Business Description

Other Exchanges OJ4:GermanyVLX:Canada
Address 1111 West Hastings, 15th Floor, Vancouver, BC, CAN, V6E 2J3
Velox Energy Materials Inc is an exploration and development company. It is a precious metal explorer company. Its project includes The North Queensland Vanadium Project which is located in northwest Queensland, Australia. The other projects of the company include Kotai Hydrogen Project. The Company conducts its business in a single operating segment, as its exploration resource property in Australia.