Topaz EnergyTPZEF -0.80%86 Quick Ratio is 2.93 as of Mar. 2026, which is 58% below its 10-year median of 7.01. GuruFocus rates TPZEF with a GF Score™ of 86/100 and a GF Value™ of $19.83 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,011 Oil & Gas companies, Topaz Energy ranks better than 82.69% 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. Topaz Energy's quick ratio for the quarter that ended in Mar. 2026 was 2.93.
Topaz Energy has a quick ratio of 2.93. It generally indicates good short-term financial strength.
The historical rank and industry rank for Topaz Energy's Quick Ratio or its related term are showing as below:
TPZEF'
s Quick Ratio Range Over the Past 10 Years
Min: 0.67 Med: 7.01 Max: 181.19
Current: 2.93
During the past 7 years, Topaz Energy's highest Quick Ratio was 181.19. The lowest was 0.67. And the median was 7.01.
TPZEF's Quick Ratio is ranked better than 82.69% of 1011
companies
in the Oil & Gas industry
Industry Median: 1.12
vs TPZEF: 2.93
Topaz Energy (OTCPK:TPZEF) 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.
Topaz Energy Quick Ratio Related Terms
Topaz Energy Quick Ratio Historical Data
* Premium members only.
The historical data trend for Topaz 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.
For the Oil & Gas Midstream subindustry, Topaz 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.
Topaz Energy Quick Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Topaz Energy's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Topaz Energy's Quick Ratio falls into.
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.
Topaz Energy's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Topaz Energy (TPZEF) has a Quick Ratio of 2.93 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Topaz Energy and its competitors. This is 58% below median its historical median of 7.01. Over the past decade, Topaz Energy's Quick Ratio has ranged from 0.67 to 181.19. According to the industry distribution chart, Topaz Energy ranks #175 out of 1011 companies in the Oil & Gas industry, placing it in the top 17.3%.
Is Topaz Energy's Quick Ratio too high?
Topaz Energy's current Quick Ratio of 2.93 is 58% below median its 10-year median of 7.01. Over the past 10 years, this metric has ranged from a low of 0.67 to a high of 181.19. The Oil & Gas industry median Quick Ratio is 1.12. Topaz Energy's value of 2.93 is 161.6% above this industry median. Based on the distribution chart, Topaz Energy ranks #175 out of 1011 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Topaz Energy has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Topaz Energy's Quick Ratio compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, Topaz Energy ranks #175 out of 1011 companies for Quick Ratio. This places Topaz Energy in the top 17% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.12. Topaz Energy's value of 2.93 is 161.6% above this benchmark. Historically, Topaz Energy's own Quick Ratio has ranged from 0.67 to 181.19 over the past decade. While the company's 10-year median is 7.01 vs. the industry median of 1.12, Topaz Energy 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 Oil & Gas company?
The median Quick Ratio among Oil & Gas companies is 1.12, based on 1,011 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. Topaz Energy's current Quick Ratio of 2.93 is 161.6% 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 Topaz 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. Topaz Energy's current Quick Ratio is 2.93, which is 58% below median its own 10-year median of 7.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Topaz Energy stock overvalued right now?
Based on GuruFocus' analysis, Topaz Energy (TPZEF) is currently considered Fairly Valued. The stock's GF Value™ is $19.83, compared to a current price of $20.96 — trading 5.7% above its estimated fair value. The current Quick Ratio is 2.93, which is 58% below median its 10-year median of 7.01 and 161.6% above the Oil & Gas industry median of 1.12. Topaz Energy's overall GF Score™ is 86/100 with 6 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 Topaz Energy (TPZEF), the current Quick Ratio is 2.93 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 Topaz Energy (TPZEF) Overvalued in 2026?
Based on GuruFocus' analysis, Topaz Energy stock appears to be overvalued.
The current stock price of $20.96 is trading 5.7% above its estimated GF Value™ of $19.83.
GuruFocus considers Topaz Energy to be Fairly Valued.
Key valuation signals for TPZEF:
Quick Ratio: 2.93 (58% below median its 10-year median of 7.01)
GF Value™: $19.83 vs. price of $20.96 (5.7% above fair value)
Industry Position: 161.6% above the Oil & Gas median (#175 of 1011)
No single metric tells the full story. See the TPZEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Topaz Energy Corp is a royalty and energy infrastructure company focused on generating low-risk income and paying dividends to its shareholders. The company generates revenue from the Royalty Assets, which generate the company's Royalty Production Revenue; and the Infrastructure Assets, which generate the company's Processing Revenue and Other Income. The majority of the company's revenue is earned through royalties.
86GF Score
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