Touchstone ExplorationTSX:TXP 32 Quick Ratio is 0.52 as of Mar. 2026, which is 47% below its 10-year median of 0.98. GuruFocus rates TSX:TXP with a GF Score™ of 32/100 and a GF Value™ of C$0.37 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 1,016 Oil & Gas companies, Touchstone Exploration ranks worse than 82.78% on this metric.
Touchstone Exploration has a quick ratio of 0.52. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Touchstone Exploration's Quick Ratio or its related term are showing as below:
TSX:TXP'
s Quick Ratio Range Over the Past 10 Years
Min: 0.52 Med: 0.98 Max: 1.88
Current: 0.52
During the past 13 years, Touchstone Exploration's highest Quick Ratio was 1.88. The lowest was 0.52. And the median was 0.98.
TSX:TXP's Quick Ratio is ranked worse than 82.78% of 1016
companies
in the Oil & Gas industry
Industry Median: 1.12
vs TSX:TXP: 0.52
Touchstone Exploration (TSX:TXP) 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.
Touchstone Exploration Quick Ratio Related Terms
Touchstone Exploration 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 E&P subindustry, Touchstone Exploration'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.
Touchstone Exploration Quick Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Touchstone Exploration's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Touchstone Exploration'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.
Touchstone Exploration'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.
Touchstone Exploration (TSX:TXP) has a Quick Ratio of 0.52 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Touchstone Exploration and its competitors. This is 47% below median its historical median of 0.98. Over the past decade, Touchstone Exploration's Quick Ratio has ranged from 0.52 to 1.88. According to the industry distribution chart, Touchstone Exploration ranks #841 out of 1016 companies in the Oil & Gas industry, placing it in the top 82.8%.
Is Touchstone Exploration's Quick Ratio too high?
Touchstone Exploration's current Quick Ratio of 0.52 is 47% below median its 10-year median of 0.98. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 1.88. The Oil & Gas industry median Quick Ratio is 1.12. Touchstone Exploration's value of 0.52 is 53.6% below this industry median. Based on the distribution chart, Touchstone Exploration ranks #841 out of 1016 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Touchstone Exploration has a GF Score™ of 32/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Touchstone Exploration's Quick Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Touchstone Exploration ranks #841 out of 1016 companies for Quick Ratio. This places Touchstone Exploration in the lower half of its industry. The industry median Quick Ratio is 1.12. Touchstone Exploration's value of 0.52 is 53.6% below this benchmark. Historically, Touchstone Exploration's own Quick Ratio has ranged from 0.52 to 1.88 over the past decade. While the company's 10-year median is 0.98 vs. the industry median of 1.12, Touchstone Exploration 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 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. Touchstone Exploration's current Quick Ratio of 0.52 is 53.6% 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 Touchstone Exploration 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. Touchstone Exploration's current Quick Ratio is 0.52, which is 47% below median its own 10-year median of 0.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Touchstone Exploration stock overvalued right now?
Based on GuruFocus' analysis, Touchstone Exploration (TSX:TXP) is currently considered Possible Value Trap. The stock's GF Value™ is C$0.37, compared to a current price of C$0.13 — trading 64.9% below its estimated fair value. The current Quick Ratio is 0.52, which is 47% below median its 10-year median of 0.98 and 53.6% below the Oil & Gas industry median of 1.12. Touchstone Exploration's overall GF Score™ is 32/100 with 8 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 Touchstone Exploration (TSX:TXP), the current Quick Ratio is 0.52 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 Touchstone Exploration (TSX:TXP) Overvalued in 2026?
Based on GuruFocus' analysis, Touchstone Exploration stock appears to be undervalued.
The current stock price of C$0.13 is trading 64.9% below its estimated GF Value™ of C$0.37.
GuruFocus considers Touchstone Exploration to be Possible Value Trap.
Key valuation signals for TSX:TXP:
Quick Ratio: 0.52 (47% below median its 10-year median of 0.98)
GF Value™: C$0.37 vs. price of C$0.13 (64.9% below fair value)
Industry Position: 53.6% below the Oil & Gas median (#841 of 1016)
No single metric tells the full story. See the TSX:TXP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Touchstone Exploration Inc is engaged in the business of petroleum and natural gas exploration, development, acquisition and production. The Company is currently active in the Republic of Trinidad and Tobago. The company generates revenue from Petroleum and natural gas sales. The company's exploration project includes Ortoire, Coho, Cascadura, Chinook, Royston.
32GF Score
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