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Terra DroneTSE:278A +1.17%9 Quick Ratio is 2.38 as of Jan. 2026, which is 57% below its 10-year median of 5.57. GuruFocus rates TSE:278A with a GF Score™ of 9/100. The stock has 5 warning signs investors should review. Among 360 Aerospace & Defense companies, Terra Drone ranks better than 74.44% 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. Terra Drone's quick ratio for the quarter that ended in Jan. 2026 was 2.38.
Terra Drone has a quick ratio of 2.38. It generally indicates good short-term financial strength.
The historical rank and industry rank for Terra Drone's Quick Ratio or its related term are showing as below:
TSE:278A'
s Quick Ratio Range Over the Past 10 Years
Min: 2.38 Med: 5.57 Max: 7.89
Current: 2.42
During the past 4 years, Terra Drone's highest Quick Ratio was 7.89. The lowest was 2.38. And the median was 5.57.
TSE:278A's Quick Ratio is ranked better than 74.44% of 360
companies
in the Aerospace & Defense industry
Industry Median: 1.315
vs TSE:278A: 2.42
Terra Drone (TSE:278A) 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.
Terra Drone Quick Ratio Related Terms
Terra Drone Quick Ratio Historical Data
* Premium members only.
The historical data trend for Terra Drone'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 Aerospace & Defense subindustry, Terra Drone'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.
Terra Drone Quick Ratio vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Terra Drone's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Terra Drone'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.
Terra Drone's Quick Ratio for the fiscal year that ended in Jan. 2026 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.
Terra Drone (TSE:278A) has a Quick Ratio of 2.38 as of Jan. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Terra Drone and its competitors. This is 57% below median its historical median of 5.57. Over the past decade, Terra Drone's Quick Ratio has ranged from 2.38 to 7.89. According to the industry distribution chart, Terra Drone ranks #92 out of 360 companies in the Aerospace & Defense industry, placing it in the top 25.6%.
Is Terra Drone's Quick Ratio too high?
Terra Drone's current Quick Ratio of 2.38 is 57% below median its 10-year median of 5.57. Over the past 10 years, this metric has ranged from a low of 2.38 to a high of 7.89. The Aerospace & Defense industry median Quick Ratio is 1.32. Terra Drone's value of 2.38 is 81% above this industry median. Based on the distribution chart, Terra Drone ranks #92 out of 360 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Terra Drone has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Terra Drone's Quick Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Terra Drone ranks #92 out of 360 companies for Quick Ratio. This puts Terra Drone in the upper half of its industry. The industry median Quick Ratio is 1.32. Terra Drone's value of 2.38 is 81% above this benchmark. Historically, Terra Drone's own Quick Ratio has ranged from 2.38 to 7.89 over the past decade. While the company's 10-year median is 5.57 vs. the industry median of 1.32, Terra Drone 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 Aerospace & Defense company?
The median Quick Ratio among Aerospace & Defense companies is 1.32, based on 360 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. Terra Drone's current Quick Ratio of 2.38 is 81% 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 Terra Drone and its competitors. For the Aerospace & Defense industry, the median Quick Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Terra Drone's current Quick Ratio is 2.38, which is 57% below median its own 10-year median of 5.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Terra Drone stock overvalued right now?
Terra Drone (TSE:278A) has a current Quick Ratio of 2.38. The current Quick Ratio is 2.38, which is 57% below median its 10-year median of 5.57 and 81% above the Aerospace & Defense industry median of 1.32. Terra Drone's overall GF Score™ is 9/100 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 Terra Drone (TSE:278A), the current Quick Ratio is 2.38 as of Jan. 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.
Terra Drone Corp is engaged in developing hardware and software for drones for surveying, inspection, and agriculture, providing related services, and developing and providing systems for managing the safe and efficient operation of drones and flying cars (UTM).
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