ROOOF (Northstar Clean Technologies) Quick Ratio: 0.56 (As of Mar. 2026) — 63% Below Median


ROOOF Northstar Clean Technologies Inc ROOOF
17 GF Score
Price $0.13
GF Value $0.20
Valuation Possible Value Trap
! 6 Warning Signs
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What is Northstar Clean Technologies Quick Ratio?

Northstar Clean Technologies ROOOF -1.99% 17 Quick Ratio is 0.56 as of Mar. 2026, which is 63% below its 10-year median of 1.52. GuruFocus rates ROOOF with a GF Score™ of 17/100 and a GF Value™ of $0.20 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 248 Waste Management companies, Northstar Clean Technologies ranks worse than 88.71% 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. Northstar Clean Technologies's quick ratio for the quarter that ended in Mar. 2026 was 0.56.

Northstar Clean Technologies has a quick ratio of 0.56. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Northstar Clean Technologies's Quick Ratio or its related term are showing as below:

ROOOF' s Quick Ratio Range Over the Past 10 Years
Min: 0.1   Med: 1.52   Max: 8.53
Current: 0.56

During the past 6 years, Northstar Clean Technologies's highest Quick Ratio was 8.53. The lowest was 0.10. And the median was 1.52.

ROOOF's Quick Ratio is ranked worse than
88.71% of 248 companies
in the Waste Management industry
Industry Median: 1.42 vs ROOOF: 0.56

Northstar Clean Technologies  (OTCPK:ROOOF) 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.


Northstar Clean Technologies Quick Ratio Related Terms


Northstar Clean Technologies Quick Ratio Historical Data

* Premium members only.

The historical data trend for Northstar Clean Technologies'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.

Northstar Clean Technologies Quick Ratio Chart

Northstar Clean Technologies Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial 5.24 0.78 2.88 1.52 0.10

Northstar Clean Technologies 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 0.90 0.58 0.36 0.10 0.56

ROOOF vs WM, RSG, WCN: Quick Ratio Comparison

For the Waste Management subindustry, Northstar Clean Technologies'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.


Northstar Clean Technologies Quick Ratio vs Waste Management Industry

For the Waste Management industry and Industrials sector, Northstar Clean Technologies's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Northstar Clean Technologies's Quick Ratio falls into.


ROOOF
17GF Score
Northstar Clean Technologies Inc ROOOF
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Northstar Clean Technologies 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.

Northstar Clean Technologies'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
=(0.61-0.076)/5.355
=0.10

Northstar Clean Technologies'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
=(9.493-0.091)/16.894
=0.56

* 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 0.56 mean?
Northstar Clean Technologies (ROOOF) has a Quick Ratio of 0.56 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Northstar Clean Technologies and its competitors. This is 63% below median its historical median of 1.52. Over the past decade, Northstar Clean Technologies' Quick Ratio has ranged from 0.10 to 8.53. According to the industry distribution chart, Northstar Clean Technologies ranks #220 out of 248 companies in the Waste Management industry, placing it in the top 88.7%.
Is Northstar Clean Technologies' Quick Ratio too high?
Northstar Clean Technologies' current Quick Ratio of 0.56 is 63% below median its 10-year median of 1.52. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 8.53. The Waste Management industry median Quick Ratio is 1.42. Northstar Clean Technologies' value of 0.56 is 60.6% below this industry median. Based on the distribution chart, Northstar Clean Technologies ranks #220 out of 248 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, Northstar Clean Technologies has a GF Score™ of 17/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Northstar Clean Technologies' Quick Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, Northstar Clean Technologies ranks #220 out of 248 companies for Quick Ratio. This places Northstar Clean Technologies in the lower half of its industry. The industry median Quick Ratio is 1.42. Northstar Clean Technologies' value of 0.56 is 60.6% below this benchmark. Historically, Northstar Clean Technologies' own Quick Ratio has ranged from 0.10 to 8.53 over the past decade. While the company's 10-year median is 1.52 vs. the industry median of 1.42, Northstar Clean Technologies 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 a Waste Management company?
The median Quick Ratio among Waste Management companies is 1.42, based on 248 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. Northstar Clean Technologies's current Quick Ratio of 0.56 is 60.6% 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 Northstar Clean Technologies and its competitors. For the Waste Management industry, the median Quick Ratio is 1.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northstar Clean Technologies's current Quick Ratio is 0.56, which is 63% below median its own 10-year median of 1.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northstar Clean Technologies stock overvalued right now?
Based on GuruFocus' analysis, Northstar Clean Technologies (ROOOF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.20, compared to a current price of $0.13 — trading 33.3% below its estimated fair value. The current Quick Ratio is 0.56, which is 63% below median its 10-year median of 1.52 and 60.6% below the Waste Management industry median of 1.42. Northstar Clean Technologies' overall GF Score™ is 17/100 with 6 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 Northstar Clean Technologies (ROOOF), the current Quick Ratio is 0.56 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.

Is Northstar Clean Technologies (ROOOF) Overvalued in 2026?

Based on GuruFocus' analysis, Northstar Clean Technologies stock appears to be undervalued. The current stock price of $0.13 is trading 33.3% below its estimated GF Value™ of $0.20. GuruFocus considers Northstar Clean Technologies to be Possible Value Trap.

Key valuation signals for ROOOF:

  • Quick Ratio: 0.56 (63% below median its 10-year median of 1.52)
  • GF Value™: $0.20 vs. price of $0.13 (33.3% below fair value)
  • GF Score™: 17/100 with 6 warning signs
  • Industry Position: 60.6% below the Waste Management median (#220 of 248)

No single metric tells the full story. See the ROOOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Northstar Clean Technologies Business Description

Other Exchanges ROOF:Canada
Address No. 12111 40th Street South East, Calgary, Alberta, BC, CAN, T2Z 4E6
Northstar Clean Technologies Inc is engaged in the commercialization of proprietary process technology for the recycling of asphalt shingles and the extraction and recovery of asphalt cement, fiberglass/felt and mineral aggregates to be sold and used in asphalt pavement, shingle manufacturing, construction products, and other industrial applications. The Company currently operates in one business segment in Canada, being the repurposing and reprocessing of asphalt shingles.
17GF Score

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Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.13
Price
$0.20
GF Value