SHMIF (Showcase Minerals) Quick Ratio: 2.04 (As of Jan. 2026) — 28% Below Median


SHMIF Showcase Minerals Inc SHMIF
25 GF Score
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What is Showcase Minerals Quick Ratio?

Showcase Minerals SHMIF +37.25% 25 Quick Ratio is 2.04 as of Jan. 2026, which is 28% below its 10-year median of 2.84. GuruFocus rates SHMIF with a GF Score™ of 25/100. The stock has 1 warning sign investors should review. Among 2,638 Metals & Mining companies, Showcase Minerals ranks worse than 52.84% 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. Showcase Minerals's quick ratio for the quarter that ended in Jan. 2026 was 2.04.

Showcase Minerals has a quick ratio of 2.04. It generally indicates good short-term financial strength.

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

SHMIF' s Quick Ratio Range Over the Past 10 Years
Min: 0.38   Med: 2.84   Max: 82
Current: 2.04

During the past 5 years, Showcase Minerals's highest Quick Ratio was 82.00. The lowest was 0.38. And the median was 2.84.

SHMIF's Quick Ratio is ranked worse than
52.84% of 2638 companies
in the Metals & Mining industry
Industry Median: 2.32 vs SHMIF: 2.04

Showcase Minerals  (OTCPK:SHMIF) 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.


Showcase Minerals Quick Ratio Related Terms


Showcase Minerals Quick Ratio Historical Data

* Premium members only.

The historical data trend for Showcase Minerals'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.

Showcase Minerals Quick Ratio Chart

Showcase Minerals Annual Data
Trend Oct21 Oct22 Oct23 Oct24 Oct25
Quick Ratio
9.69 9.67 26.91 1.33 0.38

Showcase Minerals Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
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 1.15 0.95 0.72 0.38 2.04

Showcase Minerals Quick Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Showcase Minerals'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.


Showcase Minerals Quick Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Showcase Minerals's Quick Ratio falls into.


SHMIF
25GF Score
Showcase Minerals Inc SHMIF
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Showcase Minerals 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.

Showcase Minerals's Quick Ratio for the fiscal year that ended in Oct. 2025 is calculated as

Quick Ratio (A: Oct. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.023-0)/0.06
=0.38

Showcase Minerals's Quick Ratio for the quarter that ended in Jan. 2026 is calculated as

Quick Ratio (Q: Jan. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.141-0)/0.069
=2.04

* 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 2.04 mean?
Showcase Minerals (SHMIF) has a Quick Ratio of 2.04 as of Jan. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Showcase Minerals and its competitors. This is 28% below median its historical median of 2.84. Over the past decade, Showcase Minerals' Quick Ratio has ranged from 0.38 to 82.00. According to the industry distribution chart, Showcase Minerals ranks #1394 out of 2638 companies in the Metals & Mining industry, placing it in the top 52.8%.
Is Showcase Minerals' Quick Ratio too high?
Showcase Minerals' current Quick Ratio of 2.04 is 28% below median its 10-year median of 2.84. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 82.00. The Metals & Mining industry median Quick Ratio is 2.32. Showcase Minerals' value of 2.04 is 12.1% below this industry median. Based on the distribution chart, Showcase Minerals ranks #1394 out of 2638 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Showcase Minerals has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Showcase Minerals' Quick Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Showcase Minerals ranks #1394 out of 2638 companies for Quick Ratio. This places Showcase Minerals in the lower half of its industry. The industry median Quick Ratio is 2.32. Showcase Minerals' value of 2.04 is 12.1% below this benchmark. Historically, Showcase Minerals' own Quick Ratio has ranged from 0.38 to 82.00 over the past decade. While the company's 10-year median is 2.84 vs. the industry median of 2.32, Showcase Minerals 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 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. Showcase Minerals's current Quick Ratio of 2.04 is 12.1% 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 Showcase Minerals 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. Showcase Minerals's current Quick Ratio is 2.04, which is 28% below median its own 10-year median of 2.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Showcase Minerals stock overvalued right now?
Showcase Minerals (SHMIF) has a current Quick Ratio of 2.04. The current Quick Ratio is 2.04, which is 28% below median its 10-year median of 2.84 and 12.1% below the Metals & Mining industry median of 2.32. Showcase Minerals' overall GF Score™ is 25/100 with 1 warning sign 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 Showcase Minerals (SHMIF), the current Quick Ratio is 2.04 as of Jan. 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.

Showcase Minerals Business Description

Other Exchanges ZJ0:GermanySHOW:Canada
Address 741 Harbourfront Drive North East, Salmon Arm, BC, CAN, V1E 3L4
Showcase Minerals Inc is engaged in the business of mineral property exploration and development. The company holds the exclusive option to acquire a 100% interest in the Dixie Flats Claims, the North Star Claims, and the Woodruff Claims (collectively, 'the Properties'), which are respectively subject to net smelters returns royalties ranging from 2.25% to 4.25%. It has one reportable segment, the exploration and development of mineral property in the State of Nevada, USA.
25GF Score

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