QIMGF (Quimbaya Gold) Quick Ratio: 12.26 (As of Mar. 2026) — 249% Above Median

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QIMGF Quimbaya Gold Inc QIMGF
12 GF Score
Price $0.21
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What is Quimbaya Gold Quick Ratio?

Quimbaya Gold QIMGF -1.30% 12 Quick Ratio is 12.26 as of Mar. 2026, which is 249% above its 10-year median of 3.51. GuruFocus rates QIMGF with a GF Score™ of 12/100. The stock has 3 warning signs investors should review. Among 2,637 Metals & Mining companies, Quimbaya Gold ranks better than 82.06% 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. Quimbaya Gold's quick ratio for the quarter that ended in Mar. 2026 was 12.26.

Quimbaya Gold has a quick ratio of 12.26. It generally indicates good short-term financial strength.

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

QIMGF' s Quick Ratio Range Over the Past 10 Years
Min: 0.03   Med: 3.51   Max: 24.08
Current: 12.27

During the past 6 years, Quimbaya Gold's highest Quick Ratio was 24.08. The lowest was 0.03. And the median was 3.51.

QIMGF's Quick Ratio is ranked better than
82.06% of 2637 companies
in the Metals & Mining industry
Industry Median: 2.32 vs QIMGF: 12.27

Quimbaya Gold  (OTCPK:QIMGF) 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.


Quimbaya Gold Quick Ratio Related Terms


Quimbaya Gold Quick Ratio Historical Data

* Premium members only.

The historical data trend for Quimbaya 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.

Quimbaya Gold Quick Ratio Chart

Quimbaya Gold Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial 16.87 4.10 0.96 0.32 24.10

Quimbaya Gold 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 3.28 2.99 8.27 24.10 12.26

QIMGF vs NEM, AU: Quick Ratio Comparison

For the Gold subindustry, Quimbaya 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.


Quimbaya Gold Quick Ratio vs Metals & Mining Industry

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

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


QIMGF
12GF Score
Quimbaya Gold Inc QIMGF
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Quimbaya 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.

Quimbaya Gold'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
=(9.495-0)/0.394
=24.10

Quimbaya Gold'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
=(7.935-0)/0.647
=12.26

* 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 12.26 mean?
Quimbaya Gold (QIMGF) has a Quick Ratio of 12.26 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Quimbaya Gold and its competitors. This is 249% above median its historical median of 3.51. Over the past decade, Quimbaya Gold's Quick Ratio has ranged from 0.03 to 24.08. According to the industry distribution chart, Quimbaya Gold ranks #473 out of 2637 companies in the Metals & Mining industry, placing it in the top 17.9%.
Is Quimbaya Gold's Quick Ratio too high?
Quimbaya Gold's current Quick Ratio of 12.26 is 249% above median its 10-year median of 3.51. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 24.08. The Metals & Mining industry median Quick Ratio is 2.32. Quimbaya Gold's value of 12.26 is 428.4% above this industry median. Based on the distribution chart, Quimbaya Gold ranks #473 out of 2637 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Quimbaya Gold has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Quimbaya Gold's Quick Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Quimbaya Gold ranks #473 out of 2637 companies for Quick Ratio. This places Quimbaya Gold in the top 18% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 2.32. Quimbaya Gold's value of 12.26 is 428.4% above this benchmark. Historically, Quimbaya Gold's own Quick Ratio has ranged from 0.03 to 24.08 over the past decade. While the company's 10-year median is 3.51 vs. the industry median of 2.32, Quimbaya 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 2,637 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. Quimbaya Gold's current Quick Ratio of 12.26 is 428.4% 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 Quimbaya 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. Quimbaya Gold's current Quick Ratio is 12.26, which is 249% above median its own 10-year median of 3.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quimbaya Gold stock overvalued right now?
Quimbaya Gold (QIMGF) has a current Quick Ratio of 12.26. The current Quick Ratio is 12.26, which is 249% above median its 10-year median of 3.51 and 428.4% above the Metals & Mining industry median of 2.32. Quimbaya Gold's overall GF Score™ is 12/100 with 3 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 Quimbaya Gold (QIMGF), the current Quick Ratio is 12.26 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.

Quimbaya Gold Business Description

Other Exchanges K05:GermanyQIM:Canada
Address 501 - 3292 Production Way, Burnaby, BC, CAN, V5A 4R4
Quimbaya Gold Inc discovers gold resources through exploration and acquisition of mining properties in the prolific gold mining districts of Colombia. The company is focused on three projects in the regions of Segovia (Tahami Project), Puerto Berrio (Berrio Project), and Abejorral (Maitamac Project), all located in Antioquia Province, Colombia.
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