Lexston MiningLEXTF Quick Ratio is 4.25 as of Feb. 2026, which is 61% below its 10-year median of 10.83. The stock has 2 warning signs investors should review. Among 2,637 Metals & Mining companies, Lexston Mining ranks better than 63.22% 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. Lexston Mining's quick ratio for the quarter that ended in Feb. 2026 was 4.25.
Lexston Mining has a quick ratio of 4.25. It generally indicates good short-term financial strength.
The historical rank and industry rank for Lexston Mining's Quick Ratio or its related term are showing as below:
LEXTF'
s Quick Ratio Range Over the Past 10 Years
Min: 0.8 Med: 10.83 Max: 122.44
Current: 4.25
During the past 5 years, Lexston Mining's highest Quick Ratio was 122.44. The lowest was 0.80. And the median was 10.83.
LEXTF's Quick Ratio is ranked better than 63.22% of 2637
companies
in the Metals & Mining industry
Industry Median: 2.32
vs LEXTF: 4.25
Lexston Mining (OTCPK:LEXTF) 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.
Lexston Mining Quick Ratio Related Terms
Lexston Mining Quick Ratio Historical Data
* Premium members only.
The historical data trend for Lexston Mining'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.
For the Other Industrial Metals & Mining subindustry, Lexston Mining'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.
Lexston Mining Quick Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Lexston Mining's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Lexston Mining's Quick Ratio falls into.
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.
Lexston Mining's Quick Ratio for the fiscal year that ended in May. 2025 is calculated as
* 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.
Lexston Mining (LEXTF) has a Quick Ratio of 4.25 as of Feb. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Lexston Mining and its competitors. This is 61% below median its historical median of 10.83. Over the past decade, Lexston Mining's Quick Ratio has ranged from 0.80 to 122.44. According to the industry distribution chart, Lexston Mining ranks #970 out of 2637 companies in the Metals & Mining industry, placing it in the top 36.8%.
Is Lexston Mining's Quick Ratio too high?
Lexston Mining's current Quick Ratio of 4.25 is 61% below median its 10-year median of 10.83. Over the past 10 years, this metric has ranged from a low of 0.80 to a high of 122.44. The Metals & Mining industry median Quick Ratio is 2.32. Lexston Mining's value of 4.25 is 83.2% above this industry median. Based on the distribution chart, Lexston Mining ranks #970 out of 2637 companies in the Metals & Mining industry, which is above the industry midpoint.
How does Lexston Mining's Quick Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Lexston Mining ranks #970 out of 2637 companies for Quick Ratio. This puts Lexston Mining in the upper half of its industry. The industry median Quick Ratio is 2.32. Lexston Mining's value of 4.25 is 83.2% above this benchmark. Historically, Lexston Mining's own Quick Ratio has ranged from 0.80 to 122.44 over the past decade. While the company's 10-year median is 10.83 vs. the industry median of 2.32, Lexston Mining 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. Lexston Mining's current Quick Ratio of 4.25 is 83.2% 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 Lexston Mining 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. Lexston Mining's current Quick Ratio is 4.25, which is 61% below median its own 10-year median of 10.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lexston Mining stock overvalued right now?
Lexston Mining (LEXTF) has a current Quick Ratio of 4.25. The current Quick Ratio is 4.25, which is 61% below median its 10-year median of 10.83 and 83.2% above the Metals & Mining industry median of 2.32. 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 Lexston Mining (LEXTF), the current Quick Ratio is 4.25 as of Feb. 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.
Lexston Mining Corp is a Canadian mineral exploration company focused on the acquisition and development of mineral projects. It has Dory Property. The Dory Property has potential for copper, zinc and gold.
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