NEXE InnovationsNEXNF +0.84%32 Quick Ratio is 3.07 as of Feb. 2026, which is 56% below its 10-year median of 6.91. GuruFocus rates NEXNF with a GF Score™ of 32/100. The stock has 2 warning signs investors should review. Among 399 Packaging & Containers companies, NEXE Innovations ranks better than 87.47% on this metric.
NEXE Innovations has a quick ratio of 3.07. It generally indicates good short-term financial strength.
The historical rank and industry rank for NEXE Innovations's Quick Ratio or its related term are showing as below:
NEXNF'
s Quick Ratio Range Over the Past 10 Years
Min: 2.55 Med: 6.91 Max: 21.4
Current: 3.07
During the past 6 years, NEXE Innovations's highest Quick Ratio was 21.40. The lowest was 2.55. And the median was 6.91.
NEXNF's Quick Ratio is ranked better than 87.47% of 399
companies
in the Packaging & Containers industry
Industry Median: 1.12
vs NEXNF: 3.07
NEXE Innovations (OTCPK:NEXNF) 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.
NEXE Innovations Quick Ratio Related Terms
NEXE Innovations Quick Ratio Historical Data
* Premium members only.
The historical data trend for NEXE Innovations'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 Packaging & Containers subindustry, NEXE Innovations'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.
NEXE Innovations Quick Ratio vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, NEXE Innovations's Quick Ratio distribution charts can be found below:
* The bar in red indicates where NEXE Innovations'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.
NEXE Innovations'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.
NEXE Innovations (NEXNF) has a Quick Ratio of 3.07 as of Feb. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on NEXE Innovations and its competitors. This is 56% below median its historical median of 6.91. Over the past decade, NEXE Innovations' Quick Ratio has ranged from 2.55 to 21.40. According to the industry distribution chart, NEXE Innovations ranks #50 out of 399 companies in the Packaging & Containers industry, placing it in the top 12.5%.
Is NEXE Innovations' Quick Ratio too high?
NEXE Innovations' current Quick Ratio of 3.07 is 56% below median its 10-year median of 6.91. Over the past 10 years, this metric has ranged from a low of 2.55 to a high of 21.40. The Packaging & Containers industry median Quick Ratio is 1.12. NEXE Innovations' value of 3.07 is 174.1% above this industry median. Based on the distribution chart, NEXE Innovations ranks #50 out of 399 companies in the Packaging & Containers industry, which is in the top quartile — a strong position relative to peers. Overall, NEXE Innovations has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does NEXE Innovations' Quick Ratio compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, NEXE Innovations ranks #50 out of 399 companies for Quick Ratio. This places NEXE Innovations in the top 13% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.12. NEXE Innovations' value of 3.07 is 174.1% above this benchmark. Historically, NEXE Innovations' own Quick Ratio has ranged from 2.55 to 21.40 over the past decade. While the company's 10-year median is 6.91 vs. the industry median of 1.12, NEXE Innovations 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 Packaging & Containers company?
The median Quick Ratio among Packaging & Containers companies is 1.12, based on 399 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. NEXE Innovations's current Quick Ratio of 3.07 is 174.1% 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 NEXE Innovations and its competitors. For the Packaging & Containers industry, the median Quick Ratio is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NEXE Innovations's current Quick Ratio is 3.07, which is 56% below median its own 10-year median of 6.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NEXE Innovations stock overvalued right now?
NEXE Innovations (NEXNF) has a current Quick Ratio of 3.07. The current Quick Ratio is 3.07, which is 56% below median its 10-year median of 6.91 and 174.1% above the Packaging & Containers industry median of 1.12. NEXE Innovations' overall GF Score™ is 32/100 with 2 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 NEXE Innovations (NEXNF), the current Quick Ratio is 3.07 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.
NEXE Innovations Inc is a plant-based compostable technology and materials manufacturing company based in British Columbia, Canada. The company has developed patented, fully compostable, plant-based single-serve coffee pods for use in single-serve coffee machines. The company is an innovator and manufacturer of fully compostable materials, revolutionizing the landscape of everyday consumer products and single-use items. The NEXE Pod is BPI compostable and complies with rigorous international standards for compostable materials.
32GF Score
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