THSGF (Thesis Gold & Silver) Quick Ratio: 20.53 (As of Feb. 2026) — 267% Above Median


THSGF Thesis Gold & Silver Inc THSGF
30 GF Score
Price $2.07
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What is Thesis Gold & Silver Quick Ratio?

Thesis Gold & Silver THSGF +2.02% 30 Quick Ratio is 20.53 as of Feb. 2026, which is 267% above its 10-year median of 5.59. GuruFocus rates THSGF with a GF Score™ of 30/100. The stock has 1 warning sign investors should review. Among 2,638 Metals & Mining companies, Thesis Gold & Silver ranks better than 89.01% 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. Thesis Gold & Silver's quick ratio for the quarter that ended in Feb. 2026 was 20.53.

Thesis Gold & Silver has a quick ratio of 20.53. It generally indicates good short-term financial strength.

The historical rank and industry rank for Thesis Gold & Silver's Quick Ratio or its related term are showing as below:

THSGF' s Quick Ratio Range Over the Past 10 Years
Min: 0.61   Med: 5.59   Max: 20.54
Current: 20.54

During the past 13 years, Thesis Gold & Silver's highest Quick Ratio was 20.54. The lowest was 0.61. And the median was 5.59.

THSGF's Quick Ratio is ranked better than
89.01% of 2638 companies
in the Metals & Mining industry
Industry Median: 2.32 vs THSGF: 20.54

Thesis Gold & Silver  (OTCPK:THSGF) 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.


Thesis Gold & Silver Quick Ratio Related Terms


Thesis Gold & Silver Quick Ratio Historical Data

* Premium members only.

The historical data trend for Thesis Gold & Silver'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.

Thesis Gold & Silver Quick Ratio Chart

Thesis Gold & Silver Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.67 19.17 2.93 6.70 20.53

Thesis Gold & Silver Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 6.70 17.91 3.53 6.09 20.53

Thesis Gold & Silver Quick Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Thesis Gold & Silver'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.


Thesis Gold & Silver Quick Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Thesis Gold & Silver's Quick Ratio falls into.


THSGF
30GF Score
Thesis Gold & Silver Inc THSGF
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Thesis Gold & Silver 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.

Thesis Gold & Silver's Quick Ratio for the fiscal year that ended in Feb. 2026 is calculated as

Quick Ratio (A: Feb. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(57.615-0)/2.806
=20.53

Thesis Gold & Silver's Quick Ratio for the quarter that ended in Feb. 2026 is calculated as

Quick Ratio (Q: Feb. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(57.615-0)/2.806
=20.53

* 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 20.53 mean?
Thesis Gold & Silver (THSGF) has a Quick Ratio of 20.53 as of Feb. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Thesis Gold & Silver and its competitors. This is 267% above median its historical median of 5.59. Over the past decade, Thesis Gold & Silver's Quick Ratio has ranged from 0.61 to 20.54. According to the industry distribution chart, Thesis Gold & Silver ranks #290 out of 2638 companies in the Metals & Mining industry, placing it in the top 11%.
Is Thesis Gold & Silver's Quick Ratio too high?
Thesis Gold & Silver's current Quick Ratio of 20.53 is 267% above median its 10-year median of 5.59. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 20.54. The Metals & Mining industry median Quick Ratio is 2.32. Thesis Gold & Silver's value of 20.53 is 784.9% above this industry median. Based on the distribution chart, Thesis Gold & Silver ranks #290 out of 2638 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Thesis Gold & Silver has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Thesis Gold & Silver's Quick Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Thesis Gold & Silver ranks #290 out of 2638 companies for Quick Ratio. This places Thesis Gold & Silver in the top 11% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 2.32. Thesis Gold & Silver's value of 20.53 is 784.9% above this benchmark. Historically, Thesis Gold & Silver's own Quick Ratio has ranged from 0.61 to 20.54 over the past decade. While the company's 10-year median is 5.59 vs. the industry median of 2.32, Thesis Gold & Silver 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 a Metals & Mining company?
The median Quick Ratio among Metals & Mining companies is 2.32, 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. Thesis Gold & Silver's current Quick Ratio of 20.53 is 784.9% 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 Thesis Gold & Silver and its competitors. For the Metals & Mining industry, the median Quick Ratio is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thesis Gold & Silver's current Quick Ratio is 20.53, which is 267% above median its own 10-year median of 5.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thesis Gold & Silver stock overvalued right now?
Thesis Gold & Silver (THSGF) has a current Quick Ratio of 20.53. The current Quick Ratio is 20.53, which is 267% above median its 10-year median of 5.59 and 784.9% above the Metals & Mining industry median of 2.32. Thesis Gold & Silver's overall GF Score™ is 30/100 with 1 warning sign 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 Thesis Gold & Silver (THSGF), the current Quick Ratio is 20.53 as of Feb. 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.

Thesis Gold & Silver Business Description

Other Exchanges 0110:GermanyTAU:Canada
Address 1075 West Georgia Street, Suite 1050, Vancouver, BC, CAN, V6E 3C9
Thesis Gold & Silver Inc is a resource company focused on unlocking the potential of its owned Lawyers-Ranch Project, a gold-silver exploration property located in the prolific and re-emerging Toodoggone Mining District, in north-central British Columbia.
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