Clean Energy Fuels (HAM:WIQ) Quick Ratio: 2.14 (As of Mar. 2026) — 16% Below Median


HAM:WIQ Clean Energy Fuels Corp HAM:WIQ
63 GF Score
Price €1.63
GF Value €2.54
! 4 Warning Signs
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What is Clean Energy Fuels Quick Ratio?

Clean Energy Fuels HAM:WIQ -0.31% 63 Quick Ratio is 2.14 as of Mar. 2026, which is 16% below its 10-year median of 2.55. GuruFocus rates HAM:WIQ with a GF Score™ of 63/100 and a GF Value™ of €2.54. The stock has 4 warning signs investors should review. Among 1,016 Oil & Gas companies, Clean Energy Fuels ranks better than 74.61% 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. Clean Energy Fuels's quick ratio for the quarter that ended in Mar. 2026 was 2.14.

Clean Energy Fuels has a quick ratio of 2.14. It generally indicates good short-term financial strength.

The historical rank and industry rank for Clean Energy Fuels's Quick Ratio or its related term are showing as below:

HAM:WIQ' s Quick Ratio Range Over the Past 10 Years
Min: 1.33   Med: 2.55   Max: 4.74
Current: 2.14

During the past 13 years, Clean Energy Fuels's highest Quick Ratio was 4.74. The lowest was 1.33. And the median was 2.55.

HAM:WIQ's Quick Ratio is ranked better than
74.61% of 1016 companies
in the Oil & Gas industry
Industry Median: 1.12 vs HAM:WIQ: 2.14

Clean Energy Fuels  (HAM:WIQ) 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.


Clean Energy Fuels Quick Ratio Related Terms


Clean Energy Fuels Quick Ratio Historical Data

* Premium members only.

The historical data trend for Clean Energy Fuels'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.

Clean Energy Fuels Quick Ratio Chart

Clean Energy Fuels 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 3.01 2.93 2.59 2.39 2.03

Clean Energy Fuels 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 2.50 2.51 2.39 2.03 2.14

HAM:WIQ vs SGU, FGPR, HEOL: Quick Ratio Comparison

For the Oil & Gas Refining & Marketing subindustry, Clean Energy Fuels'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.


Clean Energy Fuels Quick Ratio vs Oil & Gas Industry

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

* The bar in red indicates where Clean Energy Fuels's Quick Ratio falls into.


HAM:WIQ
63GF Score
Clean Energy Fuels Corp HAM:WIQ
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Clean Energy Fuels 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.

Clean Energy Fuels'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
=(299.19-37.496)/129.086
=2.03

Clean Energy Fuels'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
=(287.402-36.921)/116.8
=2.14

* 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 2.14 mean?
Clean Energy Fuels (HAM:WIQ) has a Quick Ratio of 2.14 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Clean Energy Fuels and its competitors. This is 16% below median its historical median of 2.55. Over the past decade, Clean Energy Fuels' Quick Ratio has ranged from 1.33 to 4.74. According to the industry distribution chart, Clean Energy Fuels ranks #258 out of 1016 companies in the Oil & Gas industry, placing it in the top 25.4%.
Is Clean Energy Fuels' Quick Ratio too high?
Clean Energy Fuels' current Quick Ratio of 2.14 is 16% below median its 10-year median of 2.55. Over the past 10 years, this metric has ranged from a low of 1.33 to a high of 4.74. The Oil & Gas industry median Quick Ratio is 1.12. Clean Energy Fuels' value of 2.14 is 91.1% above this industry median. Based on the distribution chart, Clean Energy Fuels ranks #258 out of 1016 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Clean Energy Fuels has a GF Score™ of 63/100, reflecting its overall financial health beyond just this single metric.
How does Clean Energy Fuels' Quick Ratio compare to SGU and FGPR?
According to the Oil & Gas industry distribution chart, Clean Energy Fuels ranks #258 out of 1016 companies for Quick Ratio. This puts Clean Energy Fuels in the upper half of its industry. The industry median Quick Ratio is 1.12. Clean Energy Fuels' value of 2.14 is 91.1% above this benchmark. Historically, Clean Energy Fuels' own Quick Ratio has ranged from 1.33 to 4.74 over the past decade. While the company's 10-year median is 2.55 vs. the industry median of 1.12, Clean Energy Fuels 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. Clean Energy Fuels's current Quick Ratio of 2.14 is 91.1% 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 Clean Energy Fuels 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. Clean Energy Fuels's current Quick Ratio is 2.14, which is 16% below median its own 10-year median of 2.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clean Energy Fuels stock overvalued right now?
Clean Energy Fuels (HAM:WIQ) has a current Quick Ratio of 2.14. The stock's GF Value™ is €2.54, compared to a current price of €1.63 — trading 35.8% below its estimated fair value. The current Quick Ratio is 2.14, which is 16% below median its 10-year median of 2.55 and 91.1% above the Oil & Gas industry median of 1.12. Clean Energy Fuels' overall GF Score™ is 63/100 with 4 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 Clean Energy Fuels (HAM:WIQ), the current Quick Ratio is 2.14 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 Clean Energy Fuels (HAM:WIQ) Overvalued in 2026?

Based on GuruFocus' analysis, Clean Energy Fuels stock appears to be undervalued. The current stock price of €1.63 is trading 35.8% below its estimated GF Value™ of €2.54.

Key valuation signals for HAM:WIQ:

  • Quick Ratio: 2.14 (16% below median its 10-year median of 2.55)
  • GF Value™: €2.54 vs. price of €1.63 (35.8% below fair value)
  • GF Score™: 63/100 with 4 warning signs
  • Industry Position: 91.1% above the Oil & Gas median (#258 of 1016)

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


Clean Energy Fuels Business Description

Industry EnergyOil & Gas
Other Exchanges CLNE:USA0I04:UKWIQ:Germany
Address 4675 MacArthur Court, Suite 800, Newport Beach, CA, USA, 92660
Clean Energy Fuels Corp is a natural gas marketer and retailer operating in the United States and Canada. The company supplies compressed natural gas and liquefied natural gas for the United States (U.S.) and Canadian transportation markets. The majority of revenue is generated within the U.S. and mostly consists of compressed natural gas. The firm operates by purchasing natural gas from local utilities; compressing, cooling, or liquefying it at company-owned plants; and selling natural gas products through company-owned or customer-owned fueling stations. It also builds, operates, and maintains natural gas fueling stations for customers.
63GF Score

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

€1.63
Price
€2.54
GF Value