KOGMF (KGL Resources) Quick Ratio: 0.46 (As of Mar. 2026) — 820% Above Median


KOGMF KGL Resources Ltd KOGMF
33 GF Score
Price $0.05
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What is KGL Resources Quick Ratio?

KGL Resources KOGMF 33 Quick Ratio is 0.46 as of Mar. 2026, which is 820% above its 10-year median of 0.05. GuruFocus rates KOGMF with a GF Score™ of 33/100. Among 2,633 Metals & Mining companies, KGL Resources ranks worse than 82.76% 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. KGL Resources's quick ratio for the quarter that ended in Mar. 2026 was 0.46.

KGL Resources has a quick ratio of 0.46. It indicates that the company cannot currently fully pay back its current liabilities.

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

KOGMF' s Quick Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.05   Max: 77.32
Current: 0.46

During the past 13 years, KGL Resources's highest Quick Ratio was 77.32. The lowest was 0.01. And the median was 0.05.

KOGMF's Quick Ratio is ranked worse than
82.76% of 2633 companies
in the Metals & Mining industry
Industry Median: 2.31 vs KOGMF: 0.46

KGL Resources  (OTCPK:KOGMF) 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.


KGL Resources Quick Ratio Related Terms


KGL Resources Quick Ratio Historical Data

* Premium members only.

The historical data trend for KGL 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.

KGL Resources Quick Ratio Chart

KGL Resources 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 0.02 0.03 0.02 0.01 0.01

KGL Resources 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 0.02 0.05 0.01 0.00 0.46

KGL Resources Quick Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, KGL 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.


KGL Resources Quick Ratio vs Metals & Mining Industry

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

* The bar in red indicates where KGL Resources's Quick Ratio falls into.


KOGMF
33GF Score
KGL Resources Ltd KOGMF
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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KGL Resources 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.

KGL Resources'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
=(0.004-0)/0.315
=0.01

KGL Resources'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
=(0.324-0)/0.711
=0.46

* 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 0.46 mean?
KGL Resources (KOGMF) has a Quick Ratio of 0.46 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on KGL Resources and its competitors. This is 820% above median its historical median of 0.05. Over the past decade, KGL Resources' Quick Ratio has ranged from 0.01 to 77.32. According to the industry distribution chart, KGL Resources ranks #2179 out of 2633 companies in the Metals & Mining industry, placing it in the top 82.8%.
Is KGL Resources' Quick Ratio too high?
KGL Resources' current Quick Ratio of 0.46 is 820% above median its 10-year median of 0.05. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 77.32. The Metals & Mining industry median Quick Ratio is 2.31. KGL Resources' value of 0.46 is 80.1% below this industry median. Based on the distribution chart, KGL Resources ranks #2179 out of 2633 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, KGL Resources has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does KGL Resources' Quick Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, KGL Resources ranks #2179 out of 2633 companies for Quick Ratio. This places KGL Resources in the lower half of its industry. The industry median Quick Ratio is 2.31. KGL Resources' value of 0.46 is 80.1% below this benchmark. Historically, KGL Resources' own Quick Ratio has ranged from 0.01 to 77.32 over the past decade. While the company's 10-year median is 0.05 vs. the industry median of 2.31, KGL Resources 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 a Metals & Mining company?
The median Quick Ratio among Metals & Mining companies is 2.31, based on 2,633 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. KGL Resources's current Quick Ratio of 0.46 is 80.1% 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 KGL Resources and its competitors. For the Metals & Mining industry, the median Quick Ratio is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KGL Resources's current Quick Ratio is 0.46, which is 820% above median its own 10-year median of 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KGL Resources stock overvalued right now?
KGL Resources (KOGMF) has a current Quick Ratio of 0.46. The current Quick Ratio is 0.46, which is 820% above median its 10-year median of 0.05 and 80.1% below the Metals & Mining industry median of 2.31. KGL Resources' overall GF Score™ is 33/100. 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 KGL Resources (KOGMF), the current Quick Ratio is 0.46 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.

KGL Resources Business Description

Other Exchanges KLT.H:Canada
Address 4120 Yonge Street, Suite 304, Toronto, ON, CAN, M2P 2B8
KGL Resources Ltd was a Canadian mineral exploration company. It is currently evaluating new business opportunities.
33GF Score

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

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