SGQRF (Southgobi Resources) Quick Ratio: 0.10 (As of Mar. 2026) — 25% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SGQRF Southgobi Resources Ltd SGQRF
62 GF Score
Price $0.28
GF Value $0.64
! 7 Warning Signs
View Full Analysis

What is Southgobi Resources Quick Ratio?

Southgobi Resources SGQRF 62 Quick Ratio is 0.10 as of Mar. 2026, which is 25% above its 10-year median of 0.08. GuruFocus rates SGQRF with a GF Score™ of 62/100 and a GF Value™ of $0.64. The stock has 7 warning signs investors should review. Among 185 Other Energy Sources companies, Southgobi Resources ranks worse than 97.84% 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. Southgobi Resources's quick ratio for the quarter that ended in Mar. 2026 was 0.10.

Southgobi Resources has a quick ratio of 0.10. It indicates that the company cannot currently fully pay back its current liabilities.

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

SGQRF' s Quick Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.08   Max: 0.29
Current: 0.1

During the past 13 years, Southgobi Resources's highest Quick Ratio was 0.29. The lowest was 0.02. And the median was 0.08.

SGQRF's Quick Ratio is ranked worse than
97.84% of 185 companies
in the Other Energy Sources industry
Industry Median: 1.66 vs SGQRF: 0.10

Southgobi Resources  (OTCPK:SGQRF) 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.


Southgobi Resources Quick Ratio Related Terms


Southgobi Resources Quick Ratio Historical Data

* Premium members only.

The historical data trend for Southgobi Resources'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.

Southgobi Resources Quick Ratio Chart

Southgobi Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.05 0.19 0.12 0.10

Southgobi Resources 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 0.08 0.09 0.07 0.10 0.10

Southgobi Resources Quick Ratio Competitor Comparison

For the Thermal Coal subindustry, Southgobi Resources'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.


Southgobi Resources Quick Ratio vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Southgobi Resources's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Southgobi Resources's Quick Ratio falls into.


SGQRF
62GF Score
Southgobi Resources Ltd SGQRF
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Southgobi Resources 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.

Southgobi Resources'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
=(111.71-68.6)/448.671
=0.10

Southgobi Resources'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
=(123.923-75.004)/476.93
=0.10

* 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 0.10 mean?
Southgobi Resources (SGQRF) has a Quick Ratio of 0.10 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Southgobi Resources and its competitors. This is 25% above median its historical median of 0.08. Over the past decade, Southgobi Resources' Quick Ratio has ranged from 0.02 to 0.29. According to the industry distribution chart, Southgobi Resources ranks #181 out of 185 companies in the Other Energy Sources industry, placing it in the top 97.8%.
Is Southgobi Resources' Quick Ratio too high?
Southgobi Resources' current Quick Ratio of 0.10 is 25% above median its 10-year median of 0.08. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.29. The Other Energy Sources industry median Quick Ratio is 1.66. Southgobi Resources' value of 0.10 is 94% below this industry median. Based on the distribution chart, Southgobi Resources ranks #181 out of 185 companies in the Other Energy Sources industry, which is in the bottom quartile relative to peers. Overall, Southgobi Resources has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does Southgobi Resources' Quick Ratio compare to competitors?
According to the Other Energy Sources industry distribution chart, Southgobi Resources ranks #181 out of 185 companies for Quick Ratio. This places Southgobi Resources in the lower half of its industry. The industry median Quick Ratio is 1.66. Southgobi Resources' value of 0.10 is 94% below this benchmark. Historically, Southgobi Resources' own Quick Ratio has ranged from 0.02 to 0.29 over the past decade. While the company's 10-year median is 0.08 vs. the industry median of 1.66, Southgobi Resources 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 an Other Energy Sources company?
The median Quick Ratio among Other Energy Sources companies is 1.66, based on 185 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. Southgobi Resources's current Quick Ratio of 0.10 is 94% 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 Southgobi Resources and its competitors. For the Other Energy Sources industry, the median Quick Ratio is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Southgobi Resources's current Quick Ratio is 0.10, which is 25% above median its own 10-year median of 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southgobi Resources stock overvalued right now?
Southgobi Resources (SGQRF) has a current Quick Ratio of 0.10. The stock's GF Value™ is $0.64, compared to a current price of $0.28 — trading 56.3% below its estimated fair value. The current Quick Ratio is 0.10, which is 25% above median its 10-year median of 0.08 and 94% below the Other Energy Sources industry median of 1.66. Southgobi Resources' overall GF Score™ is 62/100 with 7 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 Southgobi Resources (SGQRF), the current Quick Ratio is 0.10 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 Southgobi Resources (SGQRF) Overvalued in 2026?

Based on GuruFocus' analysis, Southgobi Resources stock appears to be undervalued. The current stock price of $0.28 is trading 56.3% below its estimated GF Value™ of $0.64.

Key valuation signals for SGQRF:

  • Quick Ratio: 0.10 (25% above median its 10-year median of 0.08)
  • GF Value™: $0.64 vs. price of $0.28 (56.3% below fair value)
  • GF Score™: 62/100 with 7 warning signs
  • Industry Position: 94% below the Other Energy Sources median (#181 of 185)

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


Southgobi Resources Business Description

Other Exchanges 01878:Hong KongSGQ:Canada
Address Tower 1, 193 Prince Edward Road. West, Grand Centurey Tower, Units 1208-10, Mongkok, Corporate Department, Kowloon, HKG, V6C 2G8
Southgobi Resources Ltd together with its subsidiaries is an integrated coal mining, development, and exploration company. Its reportable operating segment is its Coal Division which is principally engaged in coal mining, development, and exploration in Mongolia and logistics and trading of coal in Mongolia and China. The company also holds the mining and exploration licenses of other metallurgical and thermal coal deposits in the South Gobi Province of Mongolia. The company owns the following operating coal mine and coal projects in Mongolia: the Ovoot Tolgoi Mine, Zag Suuj Project, and the Soumber Project.
62GF Score

Get the complete analysis for SGQRF

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

$0.28
Price
$0.64
GF Value