Imperial Oil (HAM:IMP) Quick Ratio: 0.93 (As of Mar. 2026) — Near Median


HAM:IMP Imperial Oil Ltd HAM:IMP
80 GF Score
Price €98.86
GF Value €69.69
! 2 Warning Signs
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What is Imperial Oil Quick Ratio?

Imperial Oil HAM:IMP -0.98% 80 Quick Ratio is 0.93 as of Mar. 2026, which is 2% below its 10-year median of 0.95. GuruFocus rates HAM:IMP with a GF Score™ of 80/100 and a GF Value™ of €69.69. The stock has 2 warning signs investors should review. Among 1,011 Oil & Gas companies, Imperial Oil ranks worse than 58.95% 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. Imperial Oil's quick ratio for the quarter that ended in Mar. 2026 was 0.93.

Imperial Oil has a quick ratio of 0.93. It indicates that the company cannot currently fully pay back its current liabilities.

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

HAM:IMP' s Quick Ratio Range Over the Past 10 Years
Min: 0.46   Med: 0.95   Max: 1.19
Current: 0.93

During the past 13 years, Imperial Oil's highest Quick Ratio was 1.19. The lowest was 0.46. And the median was 0.95.

HAM:IMP's Quick Ratio is ranked worse than
58.95% of 1011 companies
in the Oil & Gas industry
Industry Median: 1.12 vs HAM:IMP: 0.93

Imperial Oil  (HAM:IMP) 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.


Imperial Oil Quick Ratio Related Terms


Imperial Oil Quick Ratio Historical Data

* Premium members only.

The historical data trend for Imperial Oil'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.

Imperial Oil Quick Ratio Chart

Imperial Oil Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.08 0.95 0.81 0.96 0.83

Imperial Oil 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 1.07 1.19 1.04 0.83 0.93

HAM:IMP vs XOM, CVX: Quick Ratio Comparison

For the Oil & Gas Integrated subindustry, Imperial Oil'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.


Imperial Oil Quick Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Imperial Oil's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Imperial Oil's Quick Ratio falls into.


HAM:IMP
80GF Score
Imperial Oil Ltd HAM:IMP
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Imperial Oil 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.

Imperial Oil'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
=(5210.669-1797.764)/4095.733
=0.83

Imperial Oil'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
=(7262.343-1791.155)/5893.601
=0.93

* 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 0.93 mean?
Imperial Oil (HAM:IMP) has a Quick Ratio of 0.93 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Imperial Oil and its competitors. This is near median its historical median of 0.95. Over the past decade, Imperial Oil's Quick Ratio has ranged from 0.46 to 1.19. According to the industry distribution chart, Imperial Oil ranks #596 out of 1011 companies in the Oil & Gas industry, placing it in the top 59%.
Is Imperial Oil's Quick Ratio too high?
Imperial Oil's current Quick Ratio of 0.93 is near median its 10-year median of 0.95. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 1.19. The Oil & Gas industry median Quick Ratio is 1.12. Imperial Oil's value of 0.93 is 17% below this industry median. Based on the distribution chart, Imperial Oil ranks #596 out of 1011 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Imperial Oil has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Imperial Oil's Quick Ratio compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Imperial Oil ranks #596 out of 1011 companies for Quick Ratio. This places Imperial Oil in the lower half of its industry. The industry median Quick Ratio is 1.12. Imperial Oil's value of 0.93 is 17% below this benchmark. Historically, Imperial Oil's own Quick Ratio has ranged from 0.46 to 1.19 over the past decade. While the company's 10-year median is 0.95 vs. the industry median of 1.12, Imperial Oil has consistently been below 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 1,011 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. Imperial Oil's current Quick Ratio of 0.93 is 17% below 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 Imperial Oil 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. Imperial Oil's current Quick Ratio is 0.93, which is near median its own 10-year median of 0.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Imperial Oil stock overvalued right now?
Imperial Oil (HAM:IMP) has a current Quick Ratio of 0.93. The stock's GF Value™ is €69.69, compared to a current price of €98.86 — trading 41.9% above its estimated fair value. The current Quick Ratio is 0.93, which is near median its 10-year median of 0.95 and 17% below the Oil & Gas industry median of 1.12. Imperial Oil's overall GF Score™ is 80/100 with 2 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 Imperial Oil (HAM:IMP), the current Quick Ratio is 0.93 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.

Is Imperial Oil (HAM:IMP) Overvalued in 2026?

Based on GuruFocus' analysis, Imperial Oil stock appears to be overvalued. The current stock price of €98.86 is trading 41.9% above its estimated GF Value™ of €69.69.

Key valuation signals for HAM:IMP:

  • Quick Ratio: 0.93 (near median its 10-year median of 0.95)
  • GF Value™: €69.69 vs. price of €98.86 (41.9% above fair value)
  • GF Score™: 80/100 with 2 warning signs
  • Industry Position: 17% below the Oil & Gas median (#596 of 1011)

No single metric tells the full story. See the HAM:IMP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Imperial Oil Business Description

Industry EnergyOil & Gas
Address 505 Quarry Park Boulevard S.E, Calgary, AB, CAN, T2C 5N1
Imperial Oil Ltd is an integrated oil company active in all phases of the petroleum industry in Canada, including the exploration for, and production and sale of, crude oil, natural gas, petroleum products, and petrochemicals. It also pursues lower-emission business opportunities, including carbon capture and storage, hydrogen, lower-emission fuels, and lithium. The company's reportable segments are Upstream, Downstream, and Chemical. Maximum revenue for the company is generated from its Downstream segment, which refines crude oil into petroleum products and distributes and market these products. The Upstream segment explores and produces crude oil, its equivalents, and natural gas, and the Chemical segment manufactures and markets hydrocarbon-based chemicals and chemical products.
80GF Score

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€98.86
Price
€69.69
GF Value