ELECF (Electric Royalties) Quick Ratio: 4.88 (As of Mar. 2026) — 10% Below Median


ELECF Electric Royalties Ltd ELECF
20 GF Score
Price $0.08
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What is Electric Royalties Quick Ratio?

Electric Royalties ELECF -2.11% 20 Quick Ratio is 4.88 as of Mar. 2026, which is 10% below its 10-year median of 5.42. GuruFocus rates ELECF with a GF Score™ of 20/100. The stock has 6 warning signs investors should review. Among 2,638 Metals & Mining companies, Electric Royalties ranks better than 65.96% 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. Electric Royalties's quick ratio for the quarter that ended in Mar. 2026 was 4.88.

Electric Royalties has a quick ratio of 4.88. It generally indicates good short-term financial strength.

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

ELECF' s Quick Ratio Range Over the Past 10 Years
Min: 0.1   Med: 5.42   Max: 22.08
Current: 4.88

During the past 7 years, Electric Royalties's highest Quick Ratio was 22.08. The lowest was 0.10. And the median was 5.42.

ELECF's Quick Ratio is ranked better than
65.96% of 2638 companies
in the Metals & Mining industry
Industry Median: 2.32 vs ELECF: 4.88

Electric Royalties  (OTCPK:ELECF) 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.


Electric Royalties Quick Ratio Related Terms


Electric Royalties Quick Ratio Historical Data

* Premium members only.

The historical data trend for Electric Royalties'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.

Electric Royalties Quick Ratio Chart

Electric Royalties Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial 6.35 9.50 5.25 0.16 5.12

Electric Royalties 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 4.94 4.54 3.17 5.12 4.88

Electric Royalties Quick Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Electric Royalties'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.


Electric Royalties Quick Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Electric Royalties's Quick Ratio falls into.


ELECF
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Electric Royalties Ltd ELECF
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Electric Royalties 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.

Electric Royalties'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
=(0.747-0)/0.146
=5.12

Electric Royalties'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
=(0.718-0)/0.147
=4.88

* 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 4.88 mean?
Electric Royalties (ELECF) has a Quick Ratio of 4.88 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Electric Royalties and its competitors. This is 10% below median its historical median of 5.42. Over the past decade, Electric Royalties' Quick Ratio has ranged from 0.10 to 22.08. According to the industry distribution chart, Electric Royalties ranks #898 out of 2638 companies in the Metals & Mining industry, placing it in the top 34%.
Is Electric Royalties' Quick Ratio too high?
Electric Royalties' current Quick Ratio of 4.88 is 10% below median its 10-year median of 5.42. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 22.08. The Metals & Mining industry median Quick Ratio is 2.32. Electric Royalties' value of 4.88 is 110.3% above this industry median. Based on the distribution chart, Electric Royalties ranks #898 out of 2638 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Electric Royalties has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Electric Royalties' Quick Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Electric Royalties ranks #898 out of 2638 companies for Quick Ratio. This puts Electric Royalties in the upper half of its industry. The industry median Quick Ratio is 2.32. Electric Royalties' value of 4.88 is 110.3% above this benchmark. Historically, Electric Royalties' own Quick Ratio has ranged from 0.10 to 22.08 over the past decade. While the company's 10-year median is 5.42 vs. the industry median of 2.32, Electric Royalties 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. Electric Royalties's current Quick Ratio of 4.88 is 110.3% 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 Electric Royalties 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. Electric Royalties's current Quick Ratio is 4.88, which is 10% below median its own 10-year median of 5.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electric Royalties stock overvalued right now?
Electric Royalties (ELECF) has a current Quick Ratio of 4.88. The current Quick Ratio is 4.88, which is 10% below median its 10-year median of 5.42 and 110.3% above the Metals & Mining industry median of 2.32. Electric Royalties' overall GF Score™ is 20/100 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 Electric Royalties (ELECF), the current Quick Ratio is 4.88 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.

Electric Royalties Business Description

Other Exchanges ELEC:Canada
Address 1040 West Georgia Street, 14th Floor, Vancouver, BC, CAN, V6E 4H1
Electric Royalties Ltd is a royalty company established to take advantage of the demand for a wide range of commodities (lithium, vanadium, manganese, tin, graphite, cobalt, nickel, zinc, and copper) that will benefit from the drive toward electrification of a variety of consumer products: artificial intelligence, cars, rechargeable batteries, large-scale energy storage, renewable energy generation, and other applications. The company is focused predominantly on acquiring royalties on operating projects to build a diversified portfolio located in jurisdictions with low geopolitical risk, which offers investors exposure to the clean energy transition via the underlying commodities required to rebuild the infrastructure over the next several decades towards a decarbonized economy.
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