Reconnaissance Energy AfricaRECAF -1.46%28 Quick Ratio is 10.75 as of Mar. 2026, which is 484% above its 10-year median of 1.84. GuruFocus rates RECAF with a GF Score™ of 28/100. Among 1,016 Oil & Gas companies, Reconnaissance Energy Africa ranks better than 94.69% on this metric.
Reconnaissance Energy Africa has a quick ratio of 10.75. It generally indicates good short-term financial strength.
The historical rank and industry rank for Reconnaissance Energy Africa's Quick Ratio or its related term are showing as below:
RECAF'
s Quick Ratio Range Over the Past 10 Years
Min: 0.05 Med: 1.84 Max: 29.34
Current: 10.75
During the past 13 years, Reconnaissance Energy Africa's highest Quick Ratio was 29.34. The lowest was 0.05. And the median was 1.84.
RECAF's Quick Ratio is ranked better than 94.69% of 1016
companies
in the Oil & Gas industry
Industry Median: 1.12
vs RECAF: 10.75
Reconnaissance Energy Africa (OTCPK:RECAF) 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.
Reconnaissance Energy Africa Quick Ratio Related Terms
Reconnaissance Energy Africa Quick Ratio Historical Data
* 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 Oil & Gas E&P subindustry, Reconnaissance Energy Africa'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.
Reconnaissance Energy Africa Quick Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Reconnaissance Energy Africa's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Reconnaissance Energy Africa's Quick Ratio falls into.
Reconnaissance Energy Africa 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.
* 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.
Reconnaissance Energy Africa (RECAF) has a Quick Ratio of 10.75 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Reconnaissance Energy Africa and its competitors. This is 484% above median its historical median of 1.84. Over the past decade, Reconnaissance Energy Africa's Quick Ratio has ranged from 0.05 to 29.34. According to the industry distribution chart, Reconnaissance Energy Africa ranks #54 out of 1016 companies in the Oil & Gas industry, placing it in the top 5.3%.
Is Reconnaissance Energy Africa's Quick Ratio too high?
Reconnaissance Energy Africa's current Quick Ratio of 10.75 is 484% above median its 10-year median of 1.84. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 29.34. The Oil & Gas industry median Quick Ratio is 1.12. Reconnaissance Energy Africa's value of 10.75 is 859.8% above this industry median. Based on the distribution chart, Reconnaissance Energy Africa ranks #54 out of 1016 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Reconnaissance Energy Africa has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Reconnaissance Energy Africa's Quick Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Reconnaissance Energy Africa ranks #54 out of 1016 companies for Quick Ratio. This places Reconnaissance Energy Africa in the top 5% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.12. Reconnaissance Energy Africa's value of 10.75 is 859.8% above this benchmark. Historically, Reconnaissance Energy Africa's own Quick Ratio has ranged from 0.05 to 29.34 over the past decade. While the company's 10-year median is 1.84 vs. the industry median of 1.12, Reconnaissance Energy Africa 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 an Oil & Gas company?
The median Quick Ratio among Oil & Gas companies is 1.12, based on 1,016 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. Reconnaissance Energy Africa's current Quick Ratio of 10.75 is 859.8% 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 Reconnaissance Energy Africa and its competitors. For the Oil & Gas 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. Reconnaissance Energy Africa's current Quick Ratio is 10.75, which is 484% above median its own 10-year median of 1.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reconnaissance Energy Africa stock overvalued right now?
Reconnaissance Energy Africa (RECAF) has a current Quick Ratio of 10.75. The current Quick Ratio is 10.75, which is 484% above median its 10-year median of 1.84 and 859.8% above the Oil & Gas industry median of 1.12. Reconnaissance Energy Africa's overall GF Score™ is 28/100. 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 Reconnaissance Energy Africa (RECAF), the current Quick Ratio is 10.75 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.
Reconnaissance Energy Africa Ltd is a junior oil and natural gas company with a focus on exploration and development in Namibia, Botswana, Gabon and Angola. It holds a substantial interest in a petroleum exploration license in northeast Namibia which covers the entire Kavango sedimentary basin. The Company's operating segments are: the exploration and evaluation of its African assets; and the corporate segment. The corporate segment majorly aggregates costs incurred at the Company's head office in Vancouver and the operations office in Calgary.
28GF Score
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