GWRRF (Engold Mines) Quick Ratio: 0.00 (As of Mar. 2026)


What is Engold Mines Quick Ratio?

Engold Mines GWRRF Quick Ratio is 0.00 as of Mar. 2026. The stock has 3 warning signs investors should review. Among 2,637 Metals & Mining companies, Engold Mines ranks worse than 37921.84% 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. Engold Mines's quick ratio for the quarter that ended in Mar. 2026 was 0.00.

Engold Mines has a quick ratio of 0.00. It indicates that the company cannot currently fully pay back its current liabilities.

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

During the past 13 years, Engold Mines's highest Quick Ratio was 5.78. The lowest was 0.01. And the median was 0.19.

GWRRF's Quick Ratio is not ranked *
in the Metals & Mining industry.
Industry Median: 2.32
* Ranked among companies with meaningful Quick Ratio only.

Engold Mines  (OTCPK:GWRRF) 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.


Engold Mines Quick Ratio Related Terms


Engold Mines Quick Ratio Historical Data

* Premium members only.

The historical data trend for Engold Mines'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.

Engold Mines Quick Ratio Chart

Engold Mines 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 1.35 0.07 0.01 0.04 0.00

Engold Mines 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 0.01 0.01 0.00 0.01 0.00

Engold Mines Quick Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Engold Mines'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.


Engold Mines Quick Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Engold Mines's Quick Ratio falls into.



Engold Mines 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.

Engold Mines'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
=(0.003-0)/1.757
=0.00

Engold Mines'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
=(0.007-0)/1.891
=0.00

* 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 0.00 mean?
Engold Mines (GWRRF) has a Quick Ratio of 0.00 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Engold Mines and its competitors. Over the past decade, Engold Mines' Quick Ratio has ranged from 0.01 to 5.78. According to the industry distribution chart, Engold Mines ranks #999999 out of 2637 companies in the Metals & Mining industry.
Is Engold Mines' Quick Ratio too high?
Engold Mines' current Quick Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 5.78. Based on the distribution chart, Engold Mines ranks #999999 out of 2637 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Engold Mines' Quick Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Engold Mines ranks #999999 out of 2637 companies for Quick Ratio. This places Engold Mines in the lower half of its industry. The industry median Quick Ratio is 2.32. Historically, Engold Mines' own Quick Ratio has ranged from 0.01 to 5.78 over the past decade. 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. 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 Engold Mines 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. Engold Mines's current Quick Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Engold Mines stock overvalued right now?
Engold Mines (GWRRF) has a current Quick Ratio of 0.00. The current Quick Ratio is 0.00. 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 Engold Mines (GWRRF), the current Quick Ratio is 0.00 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.

Engold Mines Business Description

Other Exchanges EGM:Canada
Address 1030 West Georgia Street, Suite 1507, Vancouver, BC, CAN, V6E 2Y3
Engold Mines Ltd is in the business of exploring and evaluating economically viable mineral properties in Canada. The company's principal asset is the Lac La Hache Property in British Columbia, which hosts multiple copper-gold mineral deposits and prospects, including the Aurizon Gold-Silver-Copper Zone.