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Evolve RoyaltiesEVRYF +0.57%13 Quick Ratio is 9.55 as of Nov. 2025, which is 31% below its 10-year median of 13.84. GuruFocus rates EVRYF with a GF Score™ of 13/100. The stock has 1 warning sign investors should review. Among 2,642 Metals & Mining companies, Evolve Royalties ranks better than 77.78% on this metric.
Evolve Royalties (OTCPK:EVRYF) 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.
Evolve Royalties Quick Ratio Related Terms
Evolve Royalties Quick Ratio Historical Data
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The historical data trend for Evolve 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.
Evolve Royalties Quick Ratio Chart
Evolve Royalties Annual Data
Trend
Nov24
Nov25
Quick Ratio
18.17
9.55
Evolve Royalties Semi-Annual Data
Nov24
Nov25
Quick Ratio
18.17
9.55
Evolve Royalties Quick Ratio Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Evolve 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.
Evolve Royalties Quick Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Evolve Royalties's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Evolve Royalties'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.
Evolve Royalties's Quick Ratio for the fiscal year that ended in Nov. 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.
Evolve Royalties (EVRYF) has a Quick Ratio of 9.55 as of Nov. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Evolve Royalties and its competitors. This is 31% below median its historical median of 13.84. Over the past decade, Evolve Royalties' Quick Ratio has ranged from 9.53 to 18.14. According to the industry distribution chart, Evolve Royalties ranks #587 out of 2642 companies in the Metals & Mining industry, placing it in the top 22.2%.
Is Evolve Royalties' Quick Ratio too high?
Evolve Royalties' current Quick Ratio of 9.55 is 31% below median its 10-year median of 13.84. Over the past 10 years, this metric has ranged from a low of 9.53 to a high of 18.14. The Metals & Mining industry median Quick Ratio is 2.34. Evolve Royalties' value of 9.55 is 309% above this industry median. Based on the distribution chart, Evolve Royalties ranks #587 out of 2642 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Evolve Royalties has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Evolve Royalties' Quick Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Evolve Royalties ranks #587 out of 2642 companies for Quick Ratio. This places Evolve Royalties in the top 22% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 2.34. Evolve Royalties' value of 9.55 is 309% above this benchmark. Historically, Evolve Royalties' own Quick Ratio has ranged from 9.53 to 18.14 over the past decade. While the company's 10-year median is 13.84 vs. the industry median of 2.34, Evolve 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 2.34, based on 2,642 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. Evolve Royalties's current Quick Ratio of 9.55 is 309% 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 Evolve Royalties and its competitors. For the Metals & Mining industry, the median Quick Ratio is 2.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Evolve Royalties's current Quick Ratio is 9.55, which is 31% below median its own 10-year median of 13.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evolve Royalties stock overvalued right now?
Evolve Royalties (EVRYF) has a current Quick Ratio of 9.55. The current Quick Ratio is 9.55, which is 31% below median its 10-year median of 13.84 and 309% above the Metals & Mining industry median of 2.34. Evolve Royalties' overall GF Score™ is 13/100 with 1 warning sign 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 Evolve Royalties (EVRYF), the current Quick Ratio is 9.55 as of Nov. 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.
Evolve Royalties Ltd is a royalty company that applies a royalty and streaming business model to mining projects. The company holds a portfolio of royalty and payment interests linked to various mining operations and development projects. Its portfolio consists of a variety of royalties, including a net profit interest in several mining projects across copper and gold, including operations in Canada. The portfolio also includes exploration-stage royalties and production payment rights.
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