Terra Rossa Gold (FRA:8BY) Quick Ratio: 53.27 (As of Mar. 2026) — 44% Above Median


FRA:8BY Terra Rossa Gold Ltd FRA:8BY
17 GF Score
Price €0.22
View Full Analysis

What is Terra Rossa Gold Quick Ratio?

Terra Rossa Gold FRA:8BY +11.00% 17 Quick Ratio is 53.27 as of Mar. 2026, which is 44% above its 10-year median of 37.02. GuruFocus rates FRA:8BY with a GF Score™ of 17/100. Among 2,637 Metals & Mining companies, Terra Rossa Gold ranks better than 97.19% 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. Terra Rossa Gold's quick ratio for the quarter that ended in Mar. 2026 was 53.27.

Terra Rossa Gold has a quick ratio of 53.27. It generally indicates good short-term financial strength.

The historical rank and industry rank for Terra Rossa Gold's Quick Ratio or its related term are showing as below:

FRA:8BY' s Quick Ratio Range Over the Past 10 Years
Min: 16.36   Med: 37.02   Max: 53.09
Current: 53.09

During the past 3 years, Terra Rossa Gold's highest Quick Ratio was 53.09. The lowest was 16.36. And the median was 37.02.

FRA:8BY's Quick Ratio is ranked better than
97.19% of 2637 companies
in the Metals & Mining industry
Industry Median: 2.32 vs FRA:8BY: 53.09

Terra Rossa Gold  (FRA:8BY) 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.


Terra Rossa Gold Quick Ratio Related Terms


Terra Rossa Gold Quick Ratio Historical Data

* Premium members only.

The historical data trend for Terra Rossa Gold'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.

Terra Rossa Gold Quick Ratio Chart

Terra Rossa Gold Annual Data
Trend Dec23 Dec24 Dec25
Quick Ratio
16.43 21.12 45.76

Terra Rossa Gold Quarterly Data
Dec23 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick Ratio Get a 7-Day Free Trial 0.00 28.38 47.06 45.76 53.27

FRA:8BY vs NEM, AU: Quick Ratio Comparison

For the Gold subindustry, Terra Rossa Gold'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.


Terra Rossa Gold Quick Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Terra Rossa Gold's Quick Ratio falls into.


FRA:8BY
17GF Score
Terra Rossa Gold Ltd FRA:8BY
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Terra Rossa Gold 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.

Terra Rossa Gold'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
=(3.844-0)/0.084
=45.76

Terra Rossa Gold'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
=(3.782-0)/0.071
=53.27

* 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 53.27 mean?
Terra Rossa Gold (FRA:8BY) has a Quick Ratio of 53.27 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Terra Rossa Gold and its competitors. This is 44% above median its historical median of 37.02. Over the past decade, Terra Rossa Gold's Quick Ratio has ranged from 16.36 to 53.09. According to the industry distribution chart, Terra Rossa Gold ranks #74 out of 2637 companies in the Metals & Mining industry, placing it in the top 2.8%.
Is Terra Rossa Gold's Quick Ratio too high?
Terra Rossa Gold's current Quick Ratio of 53.27 is 44% above median its 10-year median of 37.02. Over the past 10 years, this metric has ranged from a low of 16.36 to a high of 53.09. The Metals & Mining industry median Quick Ratio is 2.32. Terra Rossa Gold's value of 53.27 is 2196.1% above this industry median. Based on the distribution chart, Terra Rossa Gold ranks #74 out of 2637 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Terra Rossa Gold has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Terra Rossa Gold's Quick Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Terra Rossa Gold ranks #74 out of 2637 companies for Quick Ratio. This places Terra Rossa Gold in the top 3% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 2.32. Terra Rossa Gold's value of 53.27 is 2196.1% above this benchmark. Historically, Terra Rossa Gold's own Quick Ratio has ranged from 16.36 to 53.09 over the past decade. While the company's 10-year median is 37.02 vs. the industry median of 2.32, Terra Rossa Gold 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. Terra Rossa Gold's current Quick Ratio of 53.27 is 2196.1% 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 Terra Rossa Gold 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. Terra Rossa Gold's current Quick Ratio is 53.27, which is 44% above median its own 10-year median of 37.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Terra Rossa Gold stock overvalued right now?
Terra Rossa Gold (FRA:8BY) has a current Quick Ratio of 53.27. The current Quick Ratio is 53.27, which is 44% above median its 10-year median of 37.02 and 2196.1% above the Metals & Mining industry median of 2.32. Terra Rossa Gold's overall GF Score™ is 17/100. 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 Terra Rossa Gold (FRA:8BY), the current Quick Ratio is 53.27 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.

Terra Rossa Gold Business Description

Other Exchanges TRGXF:USATRR:Canada
Address 615 800 West Pender Street, Vancouver, BC, CAN, V6C 2V6
Terra Rossa Gold Ltd is a gold exploration and development corporation. It engages in the development of Vetas Gold Project located in the Northern Andes of Colombia.
17GF Score

Get the complete analysis for FRA:8BY

Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.22
Price