Questerre Energy (LTS:0KF1) Quick Ratio: 0.40 (As of Mar. 2026) — 60% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LTS:0KF1 Questerre Energy Corp LTS:0KF1
45 GF Score
Price C$0.25
GF Value C$0.55
! 5 Warning Signs
View Full Analysis

What is Questerre Energy Quick Ratio?

Questerre Energy LTS:0KF1 45 Quick Ratio is 0.40 as of Mar. 2026, which is 60% below its 10-year median of 1.01. GuruFocus rates LTS:0KF1 with a GF Score™ of 45/100 and a GF Value™ of C$0.55. The stock has 5 warning signs investors should review. Among 1,012 Oil & Gas companies, Questerre Energy ranks worse than 88.04% 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. Questerre Energy's quick ratio for the quarter that ended in Mar. 2026 was 0.40.

Questerre Energy has a quick ratio of 0.40. It indicates that the company cannot currently fully pay back its current liabilities.

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

LTS:0KF1' s Quick Ratio Range Over the Past 10 Years
Min: 0.14   Med: 1.01   Max: 4.32
Current: 0.4

During the past 13 years, Questerre Energy's highest Quick Ratio was 4.32. The lowest was 0.14. And the median was 1.01.

LTS:0KF1's Quick Ratio is ranked worse than
88.04% of 1012 companies
in the Oil & Gas industry
Industry Median: 1.11 vs LTS:0KF1: 0.40

Questerre Energy  (LTS:0KF1) 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.


Questerre Energy Quick Ratio Related Terms


Questerre Energy Quick Ratio Historical Data

* Premium members only.

The historical data trend for Questerre Energy'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.

Questerre Energy Quick Ratio Chart

Questerre Energy 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 1.15 3.14 4.08 2.72 0.42

Questerre Energy 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 1.41 2.12 0.43 0.42 0.40

LTS:0KF1 vs COP, EOG, FANG: Quick Ratio Comparison

For the Oil & Gas E&P subindustry, Questerre Energy'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.


Questerre Energy Quick Ratio vs Oil & Gas Industry

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

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


LTS:0KF1
45GF Score
Questerre Energy Corp LTS:0KF1
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Questerre Energy 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.

Questerre Energy'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
=(51.58-8.593)/103.551
=0.42

Questerre Energy'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
=(51.031-10.318)/100.659
=0.40

* 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 0.40 mean?
Questerre Energy (LTS:0KF1) has a Quick Ratio of 0.40 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Questerre Energy and its competitors. This is 60% below median its historical median of 1.01. Over the past decade, Questerre Energy's Quick Ratio has ranged from 0.14 to 4.32. According to the industry distribution chart, Questerre Energy ranks #891 out of 1012 companies in the Oil & Gas industry, placing it in the top 88%.
Is Questerre Energy's Quick Ratio too high?
Questerre Energy's current Quick Ratio of 0.40 is 60% below median its 10-year median of 1.01. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 4.32. The Oil & Gas industry median Quick Ratio is 1.11. Questerre Energy's value of 0.40 is 64% below this industry median. Based on the distribution chart, Questerre Energy ranks #891 out of 1012 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Questerre Energy has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does Questerre Energy's Quick Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Questerre Energy ranks #891 out of 1012 companies for Quick Ratio. This places Questerre Energy in the lower half of its industry. The industry median Quick Ratio is 1.11. Questerre Energy's value of 0.40 is 64% below this benchmark. Historically, Questerre Energy's own Quick Ratio has ranged from 0.14 to 4.32 over the past decade. While the company's 10-year median is 1.01 vs. the industry median of 1.11, Questerre Energy 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 1.11, based on 1,012 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. Questerre Energy's current Quick Ratio of 0.40 is 64% 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 Questerre Energy and its competitors. For the Oil & Gas industry, the median Quick Ratio is 1.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Questerre Energy's current Quick Ratio is 0.40, which is 60% below median its own 10-year median of 1.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Questerre Energy stock overvalued right now?
Questerre Energy (LTS:0KF1) has a current Quick Ratio of 0.40. The stock's GF Value™ is C$0.55, compared to a current price of C$0.25 — trading 54.5% below its estimated fair value. The current Quick Ratio is 0.40, which is 60% below median its 10-year median of 1.01 and 64% below the Oil & Gas industry median of 1.11. Questerre Energy's overall GF Score™ is 45/100 with 5 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 Questerre Energy (LTS:0KF1), the current Quick Ratio is 0.40 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 Questerre Energy (LTS:0KF1) Overvalued in 2026?

Based on GuruFocus' analysis, Questerre Energy stock appears to be undervalued. The current stock price of C$0.25 is trading 54.5% below its estimated GF Value™ of C$0.55.

Key valuation signals for LTS:0KF1:

  • Quick Ratio: 0.40 (60% below median its 10-year median of 1.01)
  • GF Value™: C$0.55 vs. price of C$0.25 (54.5% below fair value)
  • GF Score™: 45/100 with 5 warning signs
  • Industry Position: 64% below the Oil & Gas median (#891 of 1012)

No single metric tells the full story. See the LTS:0KF1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Questerre Energy Business Description

Industry EnergyOil & Gas
Address 801 Sixth Avenue S.W, Suite 1650, AMEC Place, Calgary, AB, CAN, T2P 3W2
Questerre Energy Corp serves the oil and gas sector. The Canada-based company is engaged in the acquisition, exploration, and development of oil and gas projects. The company operates non-conventional projects such as tight oil, oil shale, shale oil and shale gas. The segments of the group are Brazil; Western Canada; Quebec; and Corporate and others. Brazil segment consists of Integrated oil shale operations; Western Canada segment involves exploration and development activities in Western Canada including Alberta, Saskatchewan and Manitoba with the production of natural gas, crude oil and natural gas liquids. Quebec segment consists the development of natural gas discovery with a focus on securing social acceptability and regulatory approvals for a clean technology energy project.
45GF Score

Get the complete analysis for LTS:0KF1

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

C$0.25
Price
C$0.55
GF Value