Kelt Exploration (STU:2KE) Quick Ratio: 0.52 (As of Mar. 2026) — 21% Below Median


STU:2KE Kelt Exploration Ltd STU:2KE
64 GF Score
Price €5.35
GF Value €5.06
Valuation Fairly Valued
! 5 Warning Signs
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What is Kelt Exploration Quick Ratio?

Kelt Exploration STU:2KE -0.93% 64 Quick Ratio is 0.52 as of Mar. 2026, which is 21% below its 10-year median of 0.66. GuruFocus rates STU:2KE with a GF Score™ of 64/100 and a GF Value™ of €5.06 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,013 Oil & Gas companies, Kelt Exploration ranks worse than 82.63% 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. Kelt Exploration's quick ratio for the quarter that ended in Mar. 2026 was 0.52.

Kelt Exploration has a quick ratio of 0.52. It indicates that the company cannot currently fully pay back its current liabilities.

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

STU:2KE' s Quick Ratio Range Over the Past 10 Years
Min: 0.41   Med: 0.66   Max: 2.35
Current: 0.52

During the past 13 years, Kelt Exploration's highest Quick Ratio was 2.35. The lowest was 0.41. And the median was 0.66.

STU:2KE's Quick Ratio is ranked worse than
82.63% of 1013 companies
in the Oil & Gas industry
Industry Median: 1.11 vs STU:2KE: 0.52

Kelt Exploration  (STU:2KE) 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.


Kelt Exploration Quick Ratio Related Terms


Kelt Exploration Quick Ratio Historical Data

* Premium members only.

The historical data trend for Kelt Exploration'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.

Kelt Exploration Quick Ratio Chart

Kelt Exploration 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 0.66 1.28 0.83 0.76 1.00

Kelt Exploration 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 0.53 0.86 0.69 1.00 0.52

STU:2KE vs COP, EOG, FANG: Quick Ratio Comparison

For the Oil & Gas E&P subindustry, Kelt Exploration'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.


Kelt Exploration Quick Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Kelt Exploration's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Kelt Exploration's Quick Ratio falls into.


STU:2KE
64GF Score
Kelt Exploration Ltd STU:2KE
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Kelt Exploration 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.

Kelt Exploration'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
=(52.777-0)/52.729
=1.00

Kelt Exploration'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
=(57.291-0)/109.322
=0.52

* 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 0.52 mean?
Kelt Exploration (STU:2KE) has a Quick Ratio of 0.52 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Kelt Exploration and its competitors. This is 21% below median its historical median of 0.66. Over the past decade, Kelt Exploration's Quick Ratio has ranged from 0.41 to 2.35. According to the industry distribution chart, Kelt Exploration ranks #837 out of 1013 companies in the Oil & Gas industry, placing it in the top 82.6%.
Is Kelt Exploration's Quick Ratio too high?
Kelt Exploration's current Quick Ratio of 0.52 is 21% below median its 10-year median of 0.66. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 2.35. The Oil & Gas industry median Quick Ratio is 1.11. Kelt Exploration's value of 0.52 is 53.2% below this industry median. Based on the distribution chart, Kelt Exploration ranks #837 out of 1013 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Kelt Exploration has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kelt Exploration's Quick Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Kelt Exploration ranks #837 out of 1013 companies for Quick Ratio. This places Kelt Exploration in the lower half of its industry. The industry median Quick Ratio is 1.11. Kelt Exploration's value of 0.52 is 53.2% below this benchmark. Historically, Kelt Exploration's own Quick Ratio has ranged from 0.41 to 2.35 over the past decade. While the company's 10-year median is 0.66 vs. the industry median of 1.11, Kelt Exploration 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 Oil & Gas company?
The median Quick Ratio among Oil & Gas companies is 1.11, based on 1,013 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. Kelt Exploration's current Quick Ratio of 0.52 is 53.2% 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 Kelt Exploration and its competitors. For the Oil & Gas industry, the median Quick Ratio is 1.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kelt Exploration's current Quick Ratio is 0.52, which is 21% below median its own 10-year median of 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kelt Exploration stock overvalued right now?
Based on GuruFocus' analysis, Kelt Exploration (STU:2KE) is currently considered Fairly Valued. The stock's GF Value™ is €5.06, compared to a current price of €5.35 — trading 5.7% above its estimated fair value. The current Quick Ratio is 0.52, which is 21% below median its 10-year median of 0.66 and 53.2% below the Oil & Gas industry median of 1.11. Kelt Exploration's overall GF Score™ is 64/100 with 5 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 Kelt Exploration (STU:2KE), the current Quick Ratio is 0.52 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 Kelt Exploration (STU:2KE) Overvalued in 2026?

Based on GuruFocus' analysis, Kelt Exploration stock appears to be overvalued. The current stock price of €5.35 is trading 5.7% above its estimated GF Value™ of €5.06. GuruFocus considers Kelt Exploration to be Fairly Valued.

Key valuation signals for STU:2KE:

  • Quick Ratio: 0.52 (21% below median its 10-year median of 0.66)
  • GF Value™: €5.06 vs. price of €5.35 (5.7% above fair value)
  • GF Score™: 64/100 with 5 warning signs
  • Industry Position: 53.2% below the Oil & Gas median (#837 of 1013)

No single metric tells the full story. See the STU:2KE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kelt Exploration Business Description

Industry EnergyOil & Gas
Address 311 6th Avenue S.W, Suite 300, East Tower, Calgary, AB, CAN, T2P 3H2
Kelt Exploration Ltd is an oil and gas company that focuses on the exploration, development, and production of crude oil and natural gas in northwestern Alberta and northeastern British Columbia. The company focuses on exploration, development and production of crude oil and natural gas resources, in west central Alberta and northeastern British Columbia.
64GF Score

Get the complete analysis for STU:2KE

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

€5.35
Price
€5.06
GF Value