Altai ResourcesFRA:1IA -13.64% Quick Ratio is 47.11 as of Mar. 2026, which is 20% below its 10-year median of 59.05. The stock has 3 warning signs investors should review. Among 1,016 Oil & Gas companies, Altai Resources ranks better than 98.72% 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. Altai Resources's quick ratio for the quarter that ended in Mar. 2026 was 47.11.
Altai Resources has a quick ratio of 47.11. It generally indicates good short-term financial strength.
The historical rank and industry rank for Altai Resources's Quick Ratio or its related term are showing as below:
FRA:1IA'
s Quick Ratio Range Over the Past 10 Years
Min: 1.22 Med: 59.05 Max: 441.13
Current: 48
During the past 13 years, Altai Resources's highest Quick Ratio was 441.13. The lowest was 1.22. And the median was 59.05.
FRA:1IA's Quick Ratio is ranked better than 98.72% of 1016
companies
in the Oil & Gas industry
Industry Median: 1.12
vs FRA:1IA: 48.00
Altai Resources (FRA:1IA) 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.
Altai Resources Quick Ratio Related Terms
Altai Resources Quick Ratio Historical Data
* Premium members only.
The historical data trend for Altai Resources'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.
For the Oil & Gas E&P subindustry, Altai Resources'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.
Altai Resources Quick Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Altai Resources's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Altai Resources'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.
Altai Resources's Quick Ratio for the fiscal year that ended in Dec. 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.
Altai Resources (FRA:1IA) has a Quick Ratio of 47.11 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Altai Resources and its competitors. This is 20% below median its historical median of 59.05. Over the past decade, Altai Resources' Quick Ratio has ranged from 1.22 to 441.13. According to the industry distribution chart, Altai Resources ranks #13 out of 1016 companies in the Oil & Gas industry, placing it in the top 1.3%.
Is Altai Resources' Quick Ratio too high?
Altai Resources' current Quick Ratio of 47.11 is 20% below median its 10-year median of 59.05. Over the past 10 years, this metric has ranged from a low of 1.22 to a high of 441.13. The Oil & Gas industry median Quick Ratio is 1.12. Altai Resources' value of 47.11 is 4106.3% above this industry median. Based on the distribution chart, Altai Resources ranks #13 out of 1016 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers.
How does Altai Resources' Quick Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Altai Resources ranks #13 out of 1016 companies for Quick Ratio. This places Altai Resources in the top 1% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.12. Altai Resources' value of 47.11 is 4106.3% above this benchmark. Historically, Altai Resources' own Quick Ratio has ranged from 1.22 to 441.13 over the past decade. While the company's 10-year median is 59.05 vs. the industry median of 1.12, Altai Resources 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 an Oil & Gas company?
The median Quick Ratio among Oil & Gas companies is 1.12, based on 1,016 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. Altai Resources's current Quick Ratio of 47.11 is 4106.3% 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 Altai Resources and its competitors. For the Oil & Gas industry, the median Quick Ratio is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Altai Resources's current Quick Ratio is 47.11, which is 20% below median its own 10-year median of 59.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altai Resources stock overvalued right now?
Based on GuruFocus' analysis, Altai Resources (FRA:1IA) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.01, compared to a current price of €0.02 — trading 90% above its estimated fair value. The current Quick Ratio is 47.11, which is 20% below median its 10-year median of 59.05 and 4106.3% above the Oil & Gas industry median of 1.12. 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 Altai Resources (FRA:1IA), the current Quick Ratio is 47.11 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.
Altai Resources Inc is a Canadian based resource company, with a diversified portfolio of natural gas, oil and gold properties in Canada. It is engaged in the exploration and development of mineral properties. The company's properties portfolio includes Sorel-Trois Riviere's natural gas property, Cessford oil field, and Malartic gold project.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:1IA has been successfully added to your 