Ensign Energy ServicesTSX:ESI -2.41%75 Quick Ratio is 1.14 as of Mar. 2026, which is 9% above its 10-year median of 1.05. GuruFocus rates TSX:ESI with a GF Score™ of 75/100 and a GF Value™ of C$2.34 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,016 Oil & Gas companies, Ensign Energy Services ranks better than 50.59% on this metric.
Ensign Energy Services has a quick ratio of 1.14. It generally indicates good short-term financial strength.
The historical rank and industry rank for Ensign Energy Services's Quick Ratio or its related term are showing as below:
TSX:ESI'
s Quick Ratio Range Over the Past 10 Years
Min: 0.22 Med: 1.05 Max: 1.77
Current: 1.14
During the past 13 years, Ensign Energy Services's highest Quick Ratio was 1.77. The lowest was 0.22. And the median was 1.05.
TSX:ESI's Quick Ratio is ranked better than 50.59% of 1016
companies
in the Oil & Gas industry
Industry Median: 1.12
vs TSX:ESI: 1.14
Ensign Energy Services (TSX:ESI) 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.
Ensign Energy Services Quick Ratio Related Terms
Ensign Energy Services Quick Ratio Historical Data
* 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 Drilling subindustry, Ensign Energy Services'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.
Ensign Energy Services Quick Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Ensign Energy Services's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Ensign Energy Services'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.
Ensign Energy Services'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.
Ensign Energy Services (TSX:ESI) has a Quick Ratio of 1.14 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Ensign Energy Services and its competitors. This is near median its historical median of 1.05. Over the past decade, Ensign Energy Services' Quick Ratio has ranged from 0.22 to 1.77. According to the industry distribution chart, Ensign Energy Services ranks #502 out of 1016 companies in the Oil & Gas industry, placing it in the top 49.4%.
Is Ensign Energy Services' Quick Ratio too high?
Ensign Energy Services' current Quick Ratio of 1.14 is near median its 10-year median of 1.05. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 1.77. The Oil & Gas industry median Quick Ratio is 1.12. Ensign Energy Services' value of 1.14 is 1.8% above this industry median. Based on the distribution chart, Ensign Energy Services ranks #502 out of 1016 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Ensign Energy Services has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ensign Energy Services' Quick Ratio compare to NE and RIG?
According to the Oil & Gas industry distribution chart, Ensign Energy Services ranks #502 out of 1016 companies for Quick Ratio. This puts Ensign Energy Services in the upper half of its industry. The industry median Quick Ratio is 1.12. Ensign Energy Services' value of 1.14 is 1.8% above this benchmark. Historically, Ensign Energy Services' own Quick Ratio has ranged from 0.22 to 1.77 over the past decade. While the company's 10-year median is 1.05 vs. the industry median of 1.12, Ensign Energy Services 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 1,016 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. Ensign Energy Services's current Quick Ratio of 1.14 is 1.8% 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 Ensign Energy Services 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. Ensign Energy Services's current Quick Ratio is 1.14, which is near median its own 10-year median of 1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ensign Energy Services stock overvalued right now?
Based on GuruFocus' analysis, Ensign Energy Services (TSX:ESI) is currently considered Significantly Overvalued. The stock's GF Value™ is C$2.34, compared to a current price of C$3.24 — trading 38.5% above its estimated fair value. The current Quick Ratio is 1.14, which is near median its 10-year median of 1.05 and 1.8% above the Oil & Gas industry median of 1.12. Ensign Energy Services' overall GF Score™ is 75/100 with 3 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 Ensign Energy Services (TSX:ESI), the current Quick Ratio is 1.14 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 Ensign Energy Services (TSX:ESI) Overvalued in 2026?
Based on GuruFocus' analysis, Ensign Energy Services stock appears to be overvalued.
The current stock price of C$3.24 is trading 38.5% above its estimated GF Value™ of C$2.34.
GuruFocus considers Ensign Energy Services to be Significantly Overvalued.
Key valuation signals for TSX:ESI:
Quick Ratio: 1.14 (near median its 10-year median of 1.05)
GF Value™: C$2.34 vs. price of C$3.24 (38.5% above fair value)
Industry Position: 1.8% above the Oil & Gas median (#502 of 1016)
No single metric tells the full story. See the TSX:ESI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ensign Energy Services Inc provides oilfield services to the crude oil and natural gas industries in Canada, the United States, and internationally. In Canada, the Company's oilfield services business includes drilling rigs, oil sands/coring rigs, well servicing, underbalanced and managed pressure drilling, and equipment rental services. In the United States, it offers drilling rigs, directional services, well servicing, equipment rental services, and trucking services, and Internationally. Geographically the company operates in nine countries; Canada, the United States, Argentina, Australia, Bahrain, Kuwait, Oman, United Arab Emirates, and Venezuela.
75GF Score
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