THORF (Thor Energy) Quick Ratio: 0.00 (As of Jun. 2026)

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What is Thor Energy Quick Ratio?

Thor Energy THORF Quick Ratio is 0.00 as of Jun. 2026. The stock has 2 warning signs investors should review. Among 2,638 Metals & Mining companies, Thor Energy ranks better than 83.21% 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. Thor Energy's quick ratio for the quarter that ended in Jun. 2026 was 0.00.

Thor Energy has a quick ratio of 0.00. It indicates that the company cannot currently fully pay back its current liabilities.

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

THORF' s Quick Ratio Range Over the Past 10 Years
Min: 0.7   Med: 3.28   Max: 13.05
Current: 13.05

During the past 13 years, Thor Energy's highest Quick Ratio was 13.05. The lowest was 0.70. And the median was 3.28.

THORF's Quick Ratio is ranked better than
83.21% of 2638 companies
in the Metals & Mining industry
Industry Median: 2.345 vs THORF: 13.05

Thor Energy  (OTCPK:THORF) 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.


Thor Energy Quick Ratio Related Terms


Thor Energy Quick Ratio Historical Data

* Premium members only.

The historical data trend for Thor 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.

Thor Energy Quick Ratio Chart

Thor Energy Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.29 5.83 3.66 3.54 0.00

Thor Energy Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 3.66 2.48 3.54 13.04 0.00

Thor Energy Quick Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Thor 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.


Thor Energy Quick Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Thor Energy's Quick Ratio falls into.



Thor 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.

Thor Energy's Quick Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Quick Ratio (A: Jun. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.999-0)/0.282
=3.54

Thor Energy's Quick Ratio for the quarter that ended in Jun. 2026 is calculated as

Quick Ratio (Q: Jun. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0-0)/0
=

* 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 0.00 mean?
Thor Energy (THORF) has a Quick Ratio of 0.00 as of Jun. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Thor Energy and its competitors. Over the past decade, Thor Energy's Quick Ratio has ranged from 0.70 to 13.05. According to the industry distribution chart, Thor Energy ranks #443 out of 2638 companies in the Metals & Mining industry, placing it in the top 16.8%.
Is Thor Energy's Quick Ratio too high?
Thor Energy's current Quick Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.70 to a high of 13.05. Based on the distribution chart, Thor Energy ranks #443 out of 2638 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does Thor Energy's Quick Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Thor Energy ranks #443 out of 2638 companies for Quick Ratio. This places Thor Energy in the top 17% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 2.35. Historically, Thor Energy's own Quick Ratio has ranged from 0.70 to 13.05 over the past decade. 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 2.35, 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. 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 Thor Energy and its competitors. For the Metals & Mining industry, the median Quick Ratio is 2.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thor Energy's current Quick Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thor Energy stock overvalued right now?
Thor Energy (THORF) has a current Quick Ratio of 0.00. The current Quick Ratio is 0.00. 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 Thor Energy (THORF), the current Quick Ratio is 0.00 as of Jun. 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.

Thor Energy Business Description

Address Salisbury House, London Wall, London, GBR, EC2M 5PS
Thor Energy PLC is an exploration company focused on natural hydrogen and helium, with operations in South Australia. Its portfolio includes a granted exploration license and several pending applications under the HY-Range Hydrogen Project, aimed at developing clean energy resources. The company also holds a diversified portfolio of strategic metals projects, including uranium, copper, nickel, tungsten, lithium, and gold across Australia and the USA. Key projects include the Alford Copper-Gold Project in South Australia, the Molyhil Tungsten Project in the Northern Territory, which contains a tungsten deposit, and uranium-vanadium projects in the Uravan Mining Belt located on the Utah-Colorado border.