NVGLF (NV Gold) Quick Ratio: 11.46 (As of Feb. 2026) — 12% Above Median


NVGLF NV Gold Corp NVGLF
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What is NV Gold Quick Ratio?

NV Gold NVGLF 25 Quick Ratio is 11.46 as of Feb. 2026, which is 12% above its 10-year median of 10.27. GuruFocus rates NVGLF with a GF Score™ of 25/100. The stock has 4 warning signs investors should review. Among 2,638 Metals & Mining companies, NV Gold ranks better than 80.59% 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. NV Gold's quick ratio for the quarter that ended in Feb. 2026 was 11.46.

NV Gold has a quick ratio of 11.46. It generally indicates good short-term financial strength.

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

NVGLF' s Quick Ratio Range Over the Past 10 Years
Min: 0.05   Med: 10.27   Max: 79.31
Current: 11.41

During the past 13 years, NV Gold's highest Quick Ratio was 79.31. The lowest was 0.05. And the median was 10.27.

NVGLF's Quick Ratio is ranked better than
80.59% of 2638 companies
in the Metals & Mining industry
Industry Median: 2.32 vs NVGLF: 11.41

NV Gold  (OTCPK:NVGLF) 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.


NV Gold Quick Ratio Related Terms


NV Gold Quick Ratio Historical Data

* Premium members only.

The historical data trend for NV Gold'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.

NV Gold Quick Ratio Chart

NV Gold Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.99 20.73 0.82 0.05 0.16

NV Gold Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 0.09 0.13 0.16 3.86 11.46

NVGLF vs NEM, AU: Quick Ratio Comparison

For the Gold subindustry, NV Gold'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.


NV Gold Quick Ratio vs Metals & Mining Industry

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

* The bar in red indicates where NV Gold's Quick Ratio falls into.


NVGLF
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NV Gold Corp NVGLF
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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NV Gold 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.

NV Gold's Quick Ratio for the fiscal year that ended in Aug. 2025 is calculated as

Quick Ratio (A: Aug. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.038-0)/0.236
=0.16

NV Gold's Quick Ratio for the quarter that ended in Feb. 2026 is calculated as

Quick Ratio (Q: Feb. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1.112-0)/0.097
=11.46

* 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 11.46 mean?
NV Gold (NVGLF) has a Quick Ratio of 11.46 as of Feb. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on NV Gold and its competitors. This is 12% above median its historical median of 10.27. Over the past decade, NV Gold's Quick Ratio has ranged from 0.05 to 79.31. According to the industry distribution chart, NV Gold ranks #512 out of 2638 companies in the Metals & Mining industry, placing it in the top 19.4%.
Is NV Gold's Quick Ratio too high?
NV Gold's current Quick Ratio of 11.46 is 12% above median its 10-year median of 10.27. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 79.31. The Metals & Mining industry median Quick Ratio is 2.32. NV Gold's value of 11.46 is 394% above this industry median. Based on the distribution chart, NV Gold ranks #512 out of 2638 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, NV Gold has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does NV Gold's Quick Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, NV Gold ranks #512 out of 2638 companies for Quick Ratio. This places NV Gold in the top 19% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 2.32. NV Gold's value of 11.46 is 394% above this benchmark. Historically, NV Gold's own Quick Ratio has ranged from 0.05 to 79.31 over the past decade. While the company's 10-year median is 10.27 vs. the industry median of 2.32, NV Gold 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. NV Gold's current Quick Ratio of 11.46 is 394% 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 NV Gold 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. NV Gold's current Quick Ratio is 11.46, which is 12% above median its own 10-year median of 10.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NV Gold stock overvalued right now?
NV Gold (NVGLF) has a current Quick Ratio of 11.46. The current Quick Ratio is 11.46, which is 12% above median its 10-year median of 10.27 and 394% above the Metals & Mining industry median of 2.32. NV Gold's overall GF Score™ is 25/100 with 4 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 NV Gold (NVGLF), the current Quick Ratio is 11.46 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.

NV Gold Business Description

Other Exchanges NVX:Canada
Address 750 West Pender Street, Suite 250, Vancouver, BC, CAN, V6C 2T7
NV Gold Corp is engaged in the identification, acquisition, and exploration of mineral properties. Its mandate is to provide shareholders with multiple opportunities for discovery by exploring a portfolio of prospective mineral properties throughout Nevada. The company's projects include the SW Pipe Project, Slumber Gold Project, Triple T Project, Redstar Nevada Properties, and other projects. The company has one reportable operating segment: the acquisition and exploration of mineral properties. Its mineral properties are geographically located in the United States of America and Switzerland.
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