SPRQF (SPARQ Systems) Quick Ratio: 13.37 (As of Mar. 2026) — 41% Above Median


SPRQF SPARQ Systems Inc SPRQF
34 GF Score
Price $0.86
GF Value $0.81
Valuation Fairly Valued
! 4 Warning Signs
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What is SPARQ Systems Quick Ratio?

SPARQ Systems SPRQF 34 Quick Ratio is 13.37 as of Mar. 2026, which is 41% above its 10-year median of 9.49. GuruFocus rates SPRQF with a GF Score™ of 34/100 and a GF Value™ of $0.81 (Fairly Valued). The stock has 4 warning signs investors should review. Among 3,079 Industrial Products companies, SPARQ Systems ranks better than 98.47% 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. SPARQ Systems's quick ratio for the quarter that ended in Mar. 2026 was 13.37.

SPARQ Systems has a quick ratio of 13.37. It generally indicates good short-term financial strength.

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

SPRQF' s Quick Ratio Range Over the Past 10 Years
Min: 0.2   Med: 9.49   Max: 37.15
Current: 13.37

During the past 8 years, SPARQ Systems's highest Quick Ratio was 37.15. The lowest was 0.20. And the median was 9.49.

SPRQF's Quick Ratio is ranked better than
98.47% of 3079 companies
in the Industrial Products industry
Industry Median: 1.39 vs SPRQF: 13.37

SPARQ Systems  (OTCPK:SPRQF) 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.


SPARQ Systems Quick Ratio Related Terms


SPARQ Systems Quick Ratio Historical Data

* Premium members only.

The historical data trend for SPARQ Systems'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.

SPARQ Systems Quick Ratio Chart

SPARQ Systems Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial 16.02 6.05 0.23 26.54 4.72

SPARQ Systems Quarterly Data
Dec20 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 18.97 10.89 10.67 4.72 13.37

SPRQF vs VRT, BE: Quick Ratio Comparison

For the Electrical Equipment & Parts subindustry, SPARQ Systems'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.


SPARQ Systems Quick Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, SPARQ Systems's Quick Ratio distribution charts can be found below:

* The bar in red indicates where SPARQ Systems's Quick Ratio falls into.


SPRQF
34GF Score
SPARQ Systems Inc SPRQF
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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SPARQ Systems 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.

SPARQ Systems'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
=(5.36-0.895)/0.946
=4.72

SPARQ Systems'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
=(4.124-0.742)/0.253
=13.37

* 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 13.37 mean?
SPARQ Systems (SPRQF) has a Quick Ratio of 13.37 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on SPARQ Systems and its competitors. This is 41% above median its historical median of 9.49. Over the past decade, SPARQ Systems' Quick Ratio has ranged from 0.20 to 37.15. According to the industry distribution chart, SPARQ Systems ranks #47 out of 3079 companies in the Industrial Products industry, placing it in the top 1.5%.
Is SPARQ Systems' Quick Ratio too high?
SPARQ Systems' current Quick Ratio of 13.37 is 41% above median its 10-year median of 9.49. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 37.15. The Industrial Products industry median Quick Ratio is 1.39. SPARQ Systems' value of 13.37 is 861.9% above this industry median. Based on the distribution chart, SPARQ Systems ranks #47 out of 3079 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, SPARQ Systems has a GF Score™ of 34/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does SPARQ Systems' Quick Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, SPARQ Systems ranks #47 out of 3079 companies for Quick Ratio. This places SPARQ Systems in the top 2% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.39. SPARQ Systems' value of 13.37 is 861.9% above this benchmark. Historically, SPARQ Systems' own Quick Ratio has ranged from 0.20 to 37.15 over the past decade. While the company's 10-year median is 9.49 vs. the industry median of 1.39, SPARQ Systems 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 Industrial Products company?
The median Quick Ratio among Industrial Products companies is 1.39, based on 3,079 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. SPARQ Systems's current Quick Ratio of 13.37 is 861.9% 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 SPARQ Systems and its competitors. For the Industrial Products industry, the median Quick Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPARQ Systems's current Quick Ratio is 13.37, which is 41% above median its own 10-year median of 9.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPARQ Systems stock overvalued right now?
Based on GuruFocus' analysis, SPARQ Systems (SPRQF) is currently considered Fairly Valued. The stock's GF Value™ is $0.81, compared to a current price of $0.86 — trading 5.9% above its estimated fair value. The current Quick Ratio is 13.37, which is 41% above median its 10-year median of 9.49 and 861.9% above the Industrial Products industry median of 1.39. SPARQ Systems' overall GF Score™ is 34/100 with 4 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 SPARQ Systems (SPRQF), the current Quick Ratio is 13.37 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 SPARQ Systems (SPRQF) Overvalued in 2026?

Based on GuruFocus' analysis, SPARQ Systems stock appears to be overvalued. The current stock price of $0.86 is trading 5.9% above its estimated GF Value™ of $0.81. GuruFocus considers SPARQ Systems to be Fairly Valued.

Key valuation signals for SPRQF:

  • Quick Ratio: 13.37 (41% above median its 10-year median of 9.49)
  • GF Value™: $0.81 vs. price of $0.86 (5.9% above fair value)
  • GF Score™: 34/100 with 4 warning signs
  • Industry Position: 861.9% above the Industrial Products median (#47 of 3079)

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


SPARQ Systems Business Description

Other Exchanges SPRQ:Canada
Address Innovation Park, 945 Princess Street, Box 212, Kingston, ON, CAN, K7L 0E9
SPARQ Systems Inc designs and manufactures next generation single-phase microinverters for residential and commercial solar electric applications. The company has developed a proprietary photovoltaic (PV) solution called the Quad; the Quad inverter optimizes four PV modules with a single microinverter, simplifying design and installation, and lowering cost for solar power installations when compared to existing market offerings. Its products include Quad2, Quad3, Q1200 Microinverter, SparqLinq, SparqVu, and SparqSync. The company derives revenue from the sale of hardware, including microinverters and their associated peripherals.
34GF Score

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

$0.86
Price
$0.81
GF Value