TGRO (Tiger Oil and Energy) Quick Ratio: 0.01 (As of Sep. 2019)

What is Tiger Oil and Energy Quick Ratio?

Tiger Oil and Energy TGRO -98.00% Quick Ratio is 0.01 as of Sep. 2019.

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. Tiger Oil and Energy's quick ratio for the quarter that ended in Sep. 2019 was 0.01.

Tiger Oil and Energy has a quick ratio of 0.01. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Tiger Oil and Energy's Quick Ratio or its related term are showing as below:

TGRO's Quick Ratio is not ranked ^*
in the Oil & Gas industry.
Industry Median: 1.12
* Ranked among companies with meaningful Quick Ratio only.

Tiger Oil and Energy (OTCPK:TGRO) 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.

Tiger Oil and Energy Quick Ratio Related Terms

Tiger Oil and Energy Quick Ratio Historical Data

* Premium members only.

The historical data trend for Tiger Oil and Energy'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.

Tiger Oil and Energy Quick Ratio Chart

Tiger Oil and Energy Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Quick Ratio

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0.03

0.02

0.00

0.02

0.01

Tiger Oil and Energy Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Quick Ratio	Get a 7-Day Free Trial															0.01	0.01	0.00	0.00	0.01

TGRO vs CLLZF, PTOI, MNGA: Quick Ratio Comparison

For the Oil & Gas E&P subindustry, Tiger Oil and Energy'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.

Tiger Oil and Energy Quick Ratio vs Oil & Gas Industry

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

* The bar in red indicates where Tiger Oil and Energy's Quick Ratio falls into.

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Tiger Oil and Energy 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.

Tiger Oil and Energy's Quick Ratio for the fiscal year that ended in Dec. 2018 is calculated as

Quick Ratio (A: Dec. 2018 )	=	(Total Current Assets	-	Total Inventories)	/	Total Current Liabilities
	=	(0.013	-	0)	/	1.303
	=	0.01

Tiger Oil and Energy's Quick Ratio for the quarter that ended in Sep. 2019 is calculated as

Quick Ratio (Q: Sep. 2019 )	=	(Total Current Assets	-	Total Inventories)	/	Total Current Liabilities
	=	(0.017	-	0)	/	1.504
	=	0.01

Frequently Asked Questions Learn more about Quick Ratio →

What does a Quick Ratio of 0.01 mean?

Tiger Oil and Energy (TGRO) has a Quick Ratio of 0.01 as of Sep. 2019. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Tiger Oil and Energy and its competitors.

Is Tiger Oil and Energy's Quick Ratio too high?

Tiger Oil and Energy's current Quick Ratio is 0.01. The Oil & Gas industry median Quick Ratio is 1.12. Tiger Oil and Energy's value of 0.01 is 99.1% below this industry median.

How does Tiger Oil and Energy's Quick Ratio compare to CLLZF and PTOI?

Tiger Oil and Energy's Quick Ratio of 0.01 can be compared against companies in the Oil & Gas industry. The industry median Quick Ratio is 1.12. Tiger Oil and Energy's value of 0.01 is 99.1% below this benchmark. 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 1.12, based on 1,014 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. Tiger Oil and Energy's current Quick Ratio of 0.01 is 99.1% 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 Tiger Oil and Energy and its competitors. For the Oil & Gas industry, the median Quick Ratio is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tiger Oil and Energy's current Quick Ratio is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Tiger Oil and Energy stock overvalued right now?

Tiger Oil and Energy (TGRO) has a current Quick Ratio of 0.01. The current Quick Ratio is 0.01 and 99.1% below the Oil & Gas industry median of 1.12. 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 Tiger Oil and Energy (TGRO), the current Quick Ratio is 0.01 as of Sep. 2019. 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.

Tiger Oil and Energy Business Description

Industry Energy Oil & Gas

Comparable Companies BOM:524624 CLLZF TSXV:GXR TSXV:VUL PTOI ASX:WOF OSTO:CASO BSP:OSXB3 MNGA BSE:OIL ECT TSXV:RRL LSE:QFI TSXV:PEA XKLS:7108 LSE:VOG HSTC:PGS LSE:ECHO ANW XKLS:7250

Address 123 West Nye Lane, Suite 129, Carson, NV, USA, 89706

Website https://www.tigeroilandenergy.com

Tiger Oil and Energy Inc is an oil and gas exploration company, engaged in the exploration, development, and re-development of oil and gas fields in the United States.