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BQE WaterTSXV:BQE 86 Quick Ratio is 6.41 as of Mar. 2026, which is 117% above its 10-year median of 2.95. GuruFocus rates TSXV:BQE with a GF Score™ of 86/100 and a GF Value™ of C$75.57 (Fairly Valued). The stock has 3 warning signs investors should review. Among 244 Waste Management companies, BQE Water ranks better than 95.49% 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. BQE Water's quick ratio for the quarter that ended in Mar. 2026 was 6.41.
BQE Water has a quick ratio of 6.41. It generally indicates good short-term financial strength.
The historical rank and industry rank for BQE Water's Quick Ratio or its related term are showing as below:
TSXV:BQE'
s Quick Ratio Range Over the Past 10 Years
Min: 0.35 Med: 2.95 Max: 6.41
Current: 6.41
During the past 13 years, BQE Water's highest Quick Ratio was 6.41. The lowest was 0.35. And the median was 2.95.
TSXV:BQE's Quick Ratio is ranked better than 95.49% of 244
companies
in the Waste Management industry
Industry Median: 1.4
vs TSXV:BQE: 6.41
BQE Water (TSXV:BQE) 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.
BQE Water Quick Ratio Related Terms
BQE Water Quick Ratio Historical Data
* Premium members only.
The historical data trend for BQE Water'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 Waste Management subindustry, BQE Water'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.
BQE Water Quick Ratio vs Waste Management Industry
For the Waste Management industry and Industrials sector, BQE Water's Quick Ratio distribution charts can be found below:
* The bar in red indicates where BQE Water'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.
BQE Water'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.
BQE Water (TSXV:BQE) has a Quick Ratio of 6.41 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on BQE Water and its competitors. This is 117% above median its historical median of 2.95. Over the past decade, BQE Water's Quick Ratio has ranged from 0.35 to 6.41. According to the industry distribution chart, BQE Water ranks #11 out of 244 companies in the Waste Management industry, placing it in the top 4.5%.
Is BQE Water's Quick Ratio too high?
BQE Water's current Quick Ratio of 6.41 is 117% above median its 10-year median of 2.95. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 6.41. The Waste Management industry median Quick Ratio is 1.40. BQE Water's value of 6.41 is 357.9% above this industry median. Based on the distribution chart, BQE Water ranks #11 out of 244 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, BQE Water has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does BQE Water's Quick Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, BQE Water ranks #11 out of 244 companies for Quick Ratio. This places BQE Water in the top 5% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.40. BQE Water's value of 6.41 is 357.9% above this benchmark. Historically, BQE Water's own Quick Ratio has ranged from 0.35 to 6.41 over the past decade. While the company's 10-year median is 2.95 vs. the industry median of 1.40, BQE Water 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 a Waste Management company?
The median Quick Ratio among Waste Management companies is 1.40, based on 244 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. BQE Water's current Quick Ratio of 6.41 is 357.9% 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 BQE Water and its competitors. For the Waste Management industry, the median Quick Ratio is 1.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BQE Water's current Quick Ratio is 6.41, which is 117% above median its own 10-year median of 2.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BQE Water stock overvalued right now?
Based on GuruFocus' analysis, BQE Water (TSXV:BQE) is currently considered Fairly Valued. The stock's GF Value™ is C$75.57, compared to a current price of C$74.94 — trading 0.8% below its estimated fair value. The current Quick Ratio is 6.41, which is 117% above median its 10-year median of 2.95 and 357.9% above the Waste Management industry median of 1.40. BQE Water's overall GF Score™ is 86/100 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 BQE Water (TSXV:BQE), the current Quick Ratio is 6.41 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 BQE Water (TSXV:BQE) Overvalued in 2026?
Based on GuruFocus' analysis, BQE Water stock appears to be undervalued.
The current stock price of C$74.94 is trading 0.8% below its estimated GF Value™ of C$75.57.
GuruFocus considers BQE Water to be Fairly Valued.
Key valuation signals for TSXV:BQE:
Quick Ratio: 6.41 (117% above median its 10-year median of 2.95)
GF Value™: C$75.57 vs. price of C$74.94 (0.8% below fair value)
Industry Position: 357.9% above the Waste Management median (#11 of 244)
No single metric tells the full story. See the TSXV:BQE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BQE Water Inc is a service provider specializing in water treatment and management for metals mining, smelting and refining. It is helping to transform the way the industry thinks about water in the context of natural resource projects by offering services and expertise that enable more sustainable water management practices and improved overall project performance at reduced risks. BQE Water invests in and has developed intellectual property through the commercialization of several new technologies at mine sites around the world for organizations including Glencore, Jiangxi Copper, Freeport-McMoRan and the US EPA.
86GF Score
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