NBLXF (Noble Plains Uranium) Quick Ratio: 1.16 (As of Mar. 2026) — Near Median


What is Noble Plains Uranium Quick Ratio?

Noble Plains Uranium NBLXF +0.08% Quick Ratio is 1.16 as of Mar. 2026, which is 3% below its 10-year median of 1.20. The stock has 2 warning signs investors should review. Among 184 Other Energy Sources companies, Noble Plains Uranium ranks worse than 64.67% 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. Noble Plains Uranium's quick ratio for the quarter that ended in Mar. 2026 was 1.16.

Noble Plains Uranium has a quick ratio of 1.16. It generally indicates good short-term financial strength.

The historical rank and industry rank for Noble Plains Uranium's Quick Ratio or its related term are showing as below:

NBLXF' s Quick Ratio Range Over the Past 10 Years
Min: 0.03   Med: 1.2   Max: 9.39
Current: 1.16

During the past 13 years, Noble Plains Uranium's highest Quick Ratio was 9.39. The lowest was 0.03. And the median was 1.20.

NBLXF's Quick Ratio is ranked worse than
64.67% of 184 companies
in the Other Energy Sources industry
Industry Median: 1.665 vs NBLXF: 1.16

Noble Plains Uranium  (OTCPK:NBLXF) 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.


Noble Plains Uranium Quick Ratio Related Terms


Noble Plains Uranium Quick Ratio Historical Data

* Premium members only.

The historical data trend for Noble Plains Uranium'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.

Noble Plains Uranium Quick Ratio Chart

Noble Plains Uranium 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 0.28 0.19 3.96 3.16 1.98

Noble Plains Uranium 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 2.72 5.60 1.98 1.37 1.16

NBLXF vs UEC, LEU: Quick Ratio Comparison

For the Uranium subindustry, Noble Plains Uranium'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.


Noble Plains Uranium Quick Ratio vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Noble Plains Uranium's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Noble Plains Uranium's Quick Ratio falls into.



Noble Plains Uranium 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.

Noble Plains Uranium'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
=(0.285-0)/0.144
=1.98

Noble Plains Uranium'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
=(0.125-0)/0.108
=1.16

* 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 1.16 mean?
Noble Plains Uranium (NBLXF) has a Quick Ratio of 1.16 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Noble Plains Uranium and its competitors. This is near median its historical median of 1.20. Over the past decade, Noble Plains Uranium's Quick Ratio has ranged from 0.03 to 9.39. According to the industry distribution chart, Noble Plains Uranium ranks #119 out of 184 companies in the Other Energy Sources industry, placing it in the top 64.7%.
Is Noble Plains Uranium's Quick Ratio too high?
Noble Plains Uranium's current Quick Ratio of 1.16 is near median its 10-year median of 1.20. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 9.39. The Other Energy Sources industry median Quick Ratio is 1.67. Noble Plains Uranium's value of 1.16 is 30.3% below this industry median. Based on the distribution chart, Noble Plains Uranium ranks #119 out of 184 companies in the Other Energy Sources industry, which is below the industry midpoint.
How does Noble Plains Uranium's Quick Ratio compare to UEC and LEU?
According to the Other Energy Sources industry distribution chart, Noble Plains Uranium ranks #119 out of 184 companies for Quick Ratio. This places Noble Plains Uranium in the lower half of its industry. The industry median Quick Ratio is 1.67. Noble Plains Uranium's value of 1.16 is 30.3% below this benchmark. Historically, Noble Plains Uranium's own Quick Ratio has ranged from 0.03 to 9.39 over the past decade. While the company's 10-year median is 1.20 vs. the industry median of 1.67, Noble Plains Uranium 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 Other Energy Sources company?
The median Quick Ratio among Other Energy Sources companies is 1.67, based on 184 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. Noble Plains Uranium's current Quick Ratio of 1.16 is 30.3% 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 Noble Plains Uranium and its competitors. For the Other Energy Sources industry, the median Quick Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Noble Plains Uranium's current Quick Ratio is 1.16, which is near median its own 10-year median of 1.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Noble Plains Uranium stock overvalued right now?
Noble Plains Uranium (NBLXF) has a current Quick Ratio of 1.16. The current Quick Ratio is 1.16, which is near median its 10-year median of 1.20 and 30.3% below the Other Energy Sources industry median of 1.67. 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 Noble Plains Uranium (NBLXF), the current Quick Ratio is 1.16 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.

Noble Plains Uranium Business Description

Other Exchanges INE0:GermanyNOBL:Canada
Address 1199 West Hastings Street, Suite 1100, Vancouver, BC, CAN, V6E 3T5
Noble Plains Uranium Corp is an uranium exploration company engaged in the business of the acquisition, exploration and evaluation of mineral properties. The company's geographic segments include Canada and Burkina Faso. Its focus is on evaluating lithium brines on its permits in Alberta, Canada. In addition, the company has a secondary gold property in the Republic of Burkina Faso, West Africa. Its projects include Duck Creek Project, Shirley Central and Shirley East.