MNMRF (Monumental Energy) Quick Ratio: 5.48 (As of Mar. 2026) — 55% Below Median


What is Monumental Energy Quick Ratio?

Monumental Energy MNMRF +16.82% Quick Ratio is 5.48 as of Mar. 2026, which is 55% below its 10-year median of 12.12. The stock has 2 warning signs investors should review. Among 2,638 Metals & Mining companies, Monumental Energy ranks better than 68.69% 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. Monumental Energy's quick ratio for the quarter that ended in Mar. 2026 was 5.48.

Monumental Energy has a quick ratio of 5.48. It generally indicates good short-term financial strength.

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

MNMRF' s Quick Ratio Range Over the Past 10 Years
Min: 0.17   Med: 12.12   Max: 82.9
Current: 5.49

During the past 6 years, Monumental Energy's highest Quick Ratio was 82.90. The lowest was 0.17. And the median was 12.12.

MNMRF's Quick Ratio is ranked better than
68.69% of 2638 companies
in the Metals & Mining industry
Industry Median: 2.32 vs MNMRF: 5.49

Monumental Energy  (OTCPK:MNMRF) 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.


Monumental Energy Quick Ratio Related Terms


Monumental Energy Quick Ratio Historical Data

* Premium members only.

The historical data trend for Monumental 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.

Monumental Energy Quick Ratio Chart

Monumental Energy Annual Data
Trend Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Quick Ratio
Get a 7-Day Free Trial 11.46 25.89 21.52 11.70 2.52

Monumental 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 10.12 8.61 2.52 4.30 5.48

Monumental Energy Quick Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Monumental 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.


Monumental Energy Quick Ratio vs Metals & Mining Industry

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

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



Monumental 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.

Monumental Energy'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
=(0.333-0)/0.132
=2.52

Monumental 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
=(0.564-0)/0.103
=5.48

* 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 5.48 mean?
Monumental Energy (MNMRF) has a Quick Ratio of 5.48 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Monumental Energy and its competitors. This is 55% below median its historical median of 12.12. Over the past decade, Monumental Energy's Quick Ratio has ranged from 0.17 to 82.90. According to the industry distribution chart, Monumental Energy ranks #826 out of 2638 companies in the Metals & Mining industry, placing it in the top 31.3%.
Is Monumental Energy's Quick Ratio too high?
Monumental Energy's current Quick Ratio of 5.48 is 55% below median its 10-year median of 12.12. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 82.90. The Metals & Mining industry median Quick Ratio is 2.32. Monumental Energy's value of 5.48 is 136.2% above this industry median. Based on the distribution chart, Monumental Energy ranks #826 out of 2638 companies in the Metals & Mining industry, which is above the industry midpoint.
How does Monumental Energy's Quick Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Monumental Energy ranks #826 out of 2638 companies for Quick Ratio. This puts Monumental Energy in the upper half of its industry. The industry median Quick Ratio is 2.32. Monumental Energy's value of 5.48 is 136.2% above this benchmark. Historically, Monumental Energy's own Quick Ratio has ranged from 0.17 to 82.90 over the past decade. While the company's 10-year median is 12.12 vs. the industry median of 2.32, Monumental Energy 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 2,638 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. Monumental Energy's current Quick Ratio of 5.48 is 136.2% 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 Monumental Energy 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. Monumental Energy's current Quick Ratio is 5.48, which is 55% below median its own 10-year median of 12.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Monumental Energy stock overvalued right now?
Monumental Energy (MNMRF) has a current Quick Ratio of 5.48. The current Quick Ratio is 5.48, which is 55% below median its 10-year median of 12.12 and 136.2% 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 Monumental Energy (MNMRF), the current Quick Ratio is 5.48 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.

Monumental Energy Business Description

Other Exchanges MNRG:Canada
Address 1122 Mainland Street, Suite 228, Vancouver, BC, CAN, V6B 5L1
Monumental Energy Corp is an exploration-stage company engaged in the acquisition and exploration of mineral properties. The Company's current projects are the Jemi Project, the Laguna Project, and the Turi Project. The Jemi Project is located in the Ocampo municipality, a relatively remote region of western Coahuila state, Mexico. The Laguna Project is located near the town of San Pedro de Atacama, Chile. The Turi Project is located within the Lithium triangle northwest of the Salar de Laguna Blanca and northeast of the city of Calama, Chile.