SNIPF (Snipp Interactive) Quick Ratio: 1.03 (As of Mar. 2026) — Near Median


What is Snipp Interactive Quick Ratio?

Snipp Interactive SNIPF -3.45% Quick Ratio is 1.03 as of Mar. 2026, which is at its 10-year median of 1.03. The stock has 5 warning signs investors should review. Among 1,039 Media - Diversified companies, Snipp Interactive ranks worse than 65.64% 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. Snipp Interactive's quick ratio for the quarter that ended in Mar. 2026 was 1.03.

Snipp Interactive has a quick ratio of 1.03. It generally indicates good short-term financial strength.

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

SNIPF' s Quick Ratio Range Over the Past 10 Years
Min: 0.63   Med: 1.03   Max: 2.26
Current: 1.03

During the past 13 years, Snipp Interactive's highest Quick Ratio was 2.26. The lowest was 0.63. And the median was 1.03.

SNIPF's Quick Ratio is ranked worse than
65.64% of 1039 companies
in the Media - Diversified industry
Industry Median: 1.45 vs SNIPF: 1.03

Snipp Interactive  (OTCPK:SNIPF) 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.


Snipp Interactive Quick Ratio Related Terms


Snipp Interactive Quick Ratio Historical Data

* Premium members only.

The historical data trend for Snipp Interactive'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.

Snipp Interactive Quick Ratio Chart

Snipp Interactive 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 0.88 1.48 0.99 0.99 0.74

Snipp Interactive 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 0.99 0.84 0.86 0.74 1.03

SNIPF vs APP, OMC, TTD: Quick Ratio Comparison

For the Advertising Agencies subindustry, Snipp Interactive'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.


Snipp Interactive Quick Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Snipp Interactive's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Snipp Interactive's Quick Ratio falls into.



Snipp Interactive 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.

Snipp Interactive'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
=(6.41-0)/8.632
=0.74

Snipp Interactive'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
=(10.533-0)/10.265
=1.03

* 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 1.03 mean?
Snipp Interactive (SNIPF) has a Quick Ratio of 1.03 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Snipp Interactive and its competitors. This is near median its historical median of 1.03. Over the past decade, Snipp Interactive's Quick Ratio has ranged from 0.63 to 2.26. According to the industry distribution chart, Snipp Interactive ranks #682 out of 1039 companies in the Media - Diversified industry, placing it in the top 65.6%.
Is Snipp Interactive's Quick Ratio too high?
Snipp Interactive's current Quick Ratio of 1.03 is near median its 10-year median of 1.03. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 2.26. The Media - Diversified industry median Quick Ratio is 1.45. Snipp Interactive's value of 1.03 is 29% below this industry median. Based on the distribution chart, Snipp Interactive ranks #682 out of 1039 companies in the Media - Diversified industry, which is below the industry midpoint.
How does Snipp Interactive's Quick Ratio compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Snipp Interactive ranks #682 out of 1039 companies for Quick Ratio. This places Snipp Interactive in the lower half of its industry. The industry median Quick Ratio is 1.45. Snipp Interactive's value of 1.03 is 29% below this benchmark. Historically, Snipp Interactive's own Quick Ratio has ranged from 0.63 to 2.26 over the past decade. While the company's 10-year median is 1.03 vs. the industry median of 1.45, Snipp Interactive 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 Media - Diversified company?
The median Quick Ratio among Media - Diversified companies is 1.45, based on 1,039 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. Snipp Interactive's current Quick Ratio of 1.03 is 29% 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 Snipp Interactive and its competitors. For the Media - Diversified industry, the median Quick Ratio is 1.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Snipp Interactive's current Quick Ratio is 1.03, which is near median its own 10-year median of 1.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Snipp Interactive stock overvalued right now?
Based on GuruFocus' analysis, Snipp Interactive (SNIPF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.05, compared to a current price of $0.03 — trading 44% below its estimated fair value. The current Quick Ratio is 1.03, which is near median its 10-year median of 1.03 and 29% below the Media - Diversified industry median of 1.45. 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 Snipp Interactive (SNIPF), the current Quick Ratio is 1.03 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.

Snipp Interactive Business Description

Other Exchanges SPN:Canada
Address 666 Burrard Street, Suite 1700, Vancouver, BC, CAN, V6C 2X8
Snipp Interactive Inc a loyalty and promotions technology company develops and sells mobile-based promotions software applications and associated campaign services. The company provides its products in a range of solution sets, which include Purchase Promotions and Receipt Processing, Loyalty Programs, Mobile Promotions and Contests, Reward Solutions, Rebate Solutions, and Data Analytics. The company has one operating segment, which provides a full suite of mobile marketing and loyalty services in the United States, Canada, Ireland and internationally. It derives maximum revenue from the United States.