EDDYF (Edison Lithium) Quick Ratio: 6.60 (As of Mar. 2026) — 61% Below Median


What is Edison Lithium Quick Ratio?

Edison Lithium EDDYF +10.02% Quick Ratio is 6.60 as of Mar. 2026, which is 61% below its 10-year median of 17.11. The stock has 1 warning sign investors should review. Among 2,637 Metals & Mining companies, Edison Lithium ranks better than 72.58% 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. Edison Lithium's quick ratio for the quarter that ended in Mar. 2026 was 6.60.

Edison Lithium has a quick ratio of 6.60. It generally indicates good short-term financial strength.

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

EDDYF' s Quick Ratio Range Over the Past 10 Years
Min: 3.25   Med: 17.11   Max: 114.19
Current: 6.58

During the past 13 years, Edison Lithium's highest Quick Ratio was 114.19. The lowest was 3.25. And the median was 17.11.

EDDYF's Quick Ratio is ranked better than
72.58% of 2637 companies
in the Metals & Mining industry
Industry Median: 2.32 vs EDDYF: 6.58

Edison Lithium  (OTCPK:EDDYF) 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.


Edison Lithium Quick Ratio Related Terms


Edison Lithium Quick Ratio Historical Data

* Premium members only.

The historical data trend for Edison Lithium'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.

Edison Lithium Quick Ratio Chart

Edison Lithium Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.19 49.91 18.76 3.25 4.14

Edison Lithium 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 6.41 7.13 4.14 3.24 6.60

Edison Lithium Quick Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Edison Lithium'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.


Edison Lithium Quick Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Edison Lithium's Quick Ratio falls into.



Edison Lithium 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.

Edison Lithium's Quick Ratio for the fiscal year that ended in Sep. 2025 is calculated as

Quick Ratio (A: Sep. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.265-0)/0.064
=4.14

Edison Lithium'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
=(0.35-0)/0.053
=6.60

* 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 6.60 mean?
Edison Lithium (EDDYF) has a Quick Ratio of 6.60 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Edison Lithium and its competitors. This is 61% below median its historical median of 17.11. Over the past decade, Edison Lithium's Quick Ratio has ranged from 3.25 to 114.19. According to the industry distribution chart, Edison Lithium ranks #723 out of 2637 companies in the Metals & Mining industry, placing it in the top 27.4%.
Is Edison Lithium's Quick Ratio too high?
Edison Lithium's current Quick Ratio of 6.60 is 61% below median its 10-year median of 17.11. Over the past 10 years, this metric has ranged from a low of 3.25 to a high of 114.19. The Metals & Mining industry median Quick Ratio is 2.32. Edison Lithium's value of 6.60 is 184.5% above this industry median. Based on the distribution chart, Edison Lithium ranks #723 out of 2637 companies in the Metals & Mining industry, which is above the industry midpoint.
How does Edison Lithium's Quick Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Edison Lithium ranks #723 out of 2637 companies for Quick Ratio. This puts Edison Lithium in the upper half of its industry. The industry median Quick Ratio is 2.32. Edison Lithium's value of 6.60 is 184.5% above this benchmark. Historically, Edison Lithium's own Quick Ratio has ranged from 3.25 to 114.19 over the past decade. While the company's 10-year median is 17.11 vs. the industry median of 2.32, Edison Lithium 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 2,637 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. Edison Lithium's current Quick Ratio of 6.60 is 184.5% 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 Edison Lithium 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. Edison Lithium's current Quick Ratio is 6.60, which is 61% below median its own 10-year median of 17.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Edison Lithium stock overvalued right now?
Edison Lithium (EDDYF) has a current Quick Ratio of 6.60. The current Quick Ratio is 6.60, which is 61% below median its 10-year median of 17.11 and 184.5% 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 Edison Lithium (EDDYF), the current Quick Ratio is 6.60 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.

Edison Lithium Business Description

Other Exchanges VV0:GermanyEDDY:Canada
Address 214 - 257 12th Street East, North Vancouver, BC, CAN, V7L 2J8
Edison Lithium Corp is a junior mining exploration company focused on the procurement, exploration, and development of cobalt, lithium and sodium-ion properties. Its properties include Salar de Antofalla, Salar de Pipanaco, Edison Mine, Shakt-Davis Mine, and Cobalt-Kittson Mine.