Galaxy Digital (TSX:GLXY) Quick Ratio: 1.70 (As of Mar. 2026) — 10% Above Median


TSX:GLXY Galaxy Digital Inc TSX:GLXY
38 GF Score
Price C$28.26
! 5 Warning Signs
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What is Galaxy Digital Quick Ratio?

Galaxy Digital TSX:GLXY 38 Quick Ratio is 1.70 as of Mar. 2026, which is 10% above its 10-year median of 1.54. GuruFocus rates TSX:GLXY with a GF Score™ of 38/100. The stock has 5 warning signs investors should review. Among 687 Capital Markets companies, Galaxy Digital ranks worse than 58.66% 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. Galaxy Digital's quick ratio for the quarter that ended in Mar. 2026 was 1.70.

Galaxy Digital has a quick ratio of 1.70. It generally indicates good short-term financial strength.

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

TSX:GLXY' s Quick Ratio Range Over the Past 10 Years
Min: 0.27   Med: 1.54   Max: 352.57
Current: 1.7

During the past 13 years, Galaxy Digital's highest Quick Ratio was 352.57. The lowest was 0.27. And the median was 1.54.

TSX:GLXY's Quick Ratio is ranked worse than
58.66% of 687 companies
in the Capital Markets industry
Industry Median: 2.1 vs TSX:GLXY: 1.70

Galaxy Digital  (TSX:GLXY) 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.


Galaxy Digital Quick Ratio Related Terms


Galaxy Digital Quick Ratio Historical Data

* Premium members only.

The historical data trend for Galaxy Digital'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.

Galaxy Digital Quick Ratio Chart

Galaxy Digital Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.71 1.39 1.56 1.51 1.60

Galaxy Digital Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 1.34 1.35 1.60 1.70

TSX:GLXY vs MARA, PIPR, BGC: Quick Ratio Comparison

For the Capital Markets subindustry, Galaxy Digital'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.


Galaxy Digital Quick Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Galaxy Digital's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Galaxy Digital's Quick Ratio falls into.


TSX:GLXY
38GF Score
Galaxy Digital Inc TSX:GLXY
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Galaxy Digital 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.

Galaxy Digital's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(11747.736-0)/7327.239
=1.60

Galaxy Digital's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(9522.522-0)/5604.473
=1.70

* 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 1.70 mean?
Galaxy Digital (TSX:GLXY) has a Quick Ratio of 1.70 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Galaxy Digital and its competitors. This is 10% above median its historical median of 1.54. Over the past decade, Galaxy Digital's Quick Ratio has ranged from 0.27 to 352.57. According to the industry distribution chart, Galaxy Digital ranks #403 out of 687 companies in the Capital Markets industry, placing it in the top 58.7%.
Is Galaxy Digital's Quick Ratio too high?
Galaxy Digital's current Quick Ratio of 1.70 is 10% above median its 10-year median of 1.54. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 352.57. The Capital Markets industry median Quick Ratio is 2.10. Galaxy Digital's value of 1.70 is 19% below this industry median. Based on the distribution chart, Galaxy Digital ranks #403 out of 687 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Galaxy Digital has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Galaxy Digital's Quick Ratio compare to MARA and PIPR?
According to the Capital Markets industry distribution chart, Galaxy Digital ranks #403 out of 687 companies for Quick Ratio. This places Galaxy Digital in the lower half of its industry. The industry median Quick Ratio is 2.10. Galaxy Digital's value of 1.70 is 19% below this benchmark. Historically, Galaxy Digital's own Quick Ratio has ranged from 0.27 to 352.57 over the past decade. While the company's 10-year median is 1.54 vs. the industry median of 2.10, Galaxy Digital has consistently been below 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 Capital Markets company?
The median Quick Ratio among Capital Markets companies is 2.10, based on 687 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. Galaxy Digital's current Quick Ratio of 1.70 is 19% below 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 Galaxy Digital and its competitors. For the Capital Markets industry, the median Quick Ratio is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Galaxy Digital's current Quick Ratio is 1.70, which is 10% above median its own 10-year median of 1.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Galaxy Digital stock overvalued right now?
Galaxy Digital (TSX:GLXY) has a current Quick Ratio of 1.70. The current Quick Ratio is 1.70, which is 10% above median its 10-year median of 1.54 and 19% below the Capital Markets industry median of 2.10. Galaxy Digital's overall GF Score™ is 38/100 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 Galaxy Digital (TSX:GLXY), the current Quick Ratio is 1.70 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.

Galaxy Digital Business Description

Address 300 Vesey Street, New York, NY, USA, 10282
Galaxy Digital Inc is engaged in digital assets and data center infrastructure, delivering solutions that accelerate progress in finance and artificial intelligence. Its digital assets platform offers institutional access to trading, advisory, asset management, staking, self-custody, and tokenization technology. The company invests in and operates cutting-edge data center infrastructure to power AI and high-performance computing, meeting the growing demand for scalable energy and compute solutions in the U.S. It has three operating business segments, Digital Assets and Data Centers, along with a Treasury & Corporate segment.
38GF Score

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