Discovery-Corp Enterprises (TSXV:DCY) Quick Ratio: 19.57 (As of Apr. 2026) — 365% Above Median


What is Discovery-Corp Enterprises Quick Ratio?

Discovery-Corp Enterprises TSXV:DCY Quick Ratio is 19.57 as of Apr. 2026, which is 365% above its 10-year median of 4.21. The stock has 2 warning signs investors should review. Among 2,633 Metals & Mining companies, Discovery-Corp Enterprises ranks better than 88.45% 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. Discovery-Corp Enterprises's quick ratio for the quarter that ended in Apr. 2026 was 19.57.

Discovery-Corp Enterprises has a quick ratio of 19.57. It generally indicates good short-term financial strength.

The historical rank and industry rank for Discovery-Corp Enterprises's Quick Ratio or its related term are showing as below:

TSXV:DCY' s Quick Ratio Range Over the Past 10 Years
Min: 0.05   Med: 4.21   Max: 189
Current: 19.57

During the past 13 years, Discovery-Corp Enterprises's highest Quick Ratio was 189.00. The lowest was 0.05. And the median was 4.21.

TSXV:DCY's Quick Ratio is ranked better than
88.45% of 2633 companies
in the Metals & Mining industry
Industry Median: 2.31 vs TSXV:DCY: 19.57

Discovery-Corp Enterprises  (TSXV:DCY) 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.


Discovery-Corp Enterprises Quick Ratio Related Terms


Discovery-Corp Enterprises Quick Ratio Historical Data

* Premium members only.

The historical data trend for Discovery-Corp Enterprises'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.

Discovery-Corp Enterprises Quick Ratio Chart

Discovery-Corp Enterprises Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.50 0.35 0.17 0.06 2.51

Discovery-Corp Enterprises Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 2.36 2.51 6.44 23.57 19.57

TSXV:DCY vs HL: Quick Ratio Comparison

For the Other Precious Metals & Mining subindustry, Discovery-Corp Enterprises'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.


Discovery-Corp Enterprises Quick Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Discovery-Corp Enterprises's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Discovery-Corp Enterprises's Quick Ratio falls into.



Discovery-Corp Enterprises 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.

Discovery-Corp Enterprises's Quick Ratio for the fiscal year that ended in Jul. 2025 is calculated as

Quick Ratio (A: Jul. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.361-0)/0.144
=2.51

Discovery-Corp Enterprises's Quick Ratio for the quarter that ended in Apr. 2026 is calculated as

Quick Ratio (Q: Apr. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.137-0)/0.007
=19.57

* 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 19.57 mean?
Discovery-Corp Enterprises (TSXV:DCY) has a Quick Ratio of 19.57 as of Apr. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Discovery-Corp Enterprises and its competitors. This is 365% above median its historical median of 4.21. Over the past decade, Discovery-Corp Enterprises' Quick Ratio has ranged from 0.05 to 189.00. According to the industry distribution chart, Discovery-Corp Enterprises ranks #304 out of 2633 companies in the Metals & Mining industry, placing it in the top 11.5%.
Is Discovery-Corp Enterprises' Quick Ratio too high?
Discovery-Corp Enterprises' current Quick Ratio of 19.57 is 365% above median its 10-year median of 4.21. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 189.00. The Metals & Mining industry median Quick Ratio is 2.31. Discovery-Corp Enterprises' value of 19.57 is 747.2% above this industry median. Based on the distribution chart, Discovery-Corp Enterprises ranks #304 out of 2633 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does Discovery-Corp Enterprises' Quick Ratio compare to HL?
According to the Metals & Mining industry distribution chart, Discovery-Corp Enterprises ranks #304 out of 2633 companies for Quick Ratio. This places Discovery-Corp Enterprises in the top 12% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 2.31. Discovery-Corp Enterprises' value of 19.57 is 747.2% above this benchmark. Historically, Discovery-Corp Enterprises' own Quick Ratio has ranged from 0.05 to 189.00 over the past decade. While the company's 10-year median is 4.21 vs. the industry median of 2.31, Discovery-Corp Enterprises 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 Metals & Mining company?
The median Quick Ratio among Metals & Mining companies is 2.31, based on 2,633 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. Discovery-Corp Enterprises's current Quick Ratio of 19.57 is 747.2% 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 Discovery-Corp Enterprises and its competitors. For the Metals & Mining industry, the median Quick Ratio is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Discovery-Corp Enterprises's current Quick Ratio is 19.57, which is 365% above median its own 10-year median of 4.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Discovery-Corp Enterprises stock overvalued right now?
Discovery-Corp Enterprises (TSXV:DCY) has a current Quick Ratio of 19.57. The current Quick Ratio is 19.57, which is 365% above median its 10-year median of 4.21 and 747.2% above the Metals & Mining industry median of 2.31. 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 Discovery-Corp Enterprises (TSXV:DCY), the current Quick Ratio is 19.57 as of Apr. 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.

Discovery-Corp Enterprises Business Description

Address 125A - 1030 Denman Street, Unit 553, Vancouver, BC, CAN, V6G 2M6
Discovery-Corp Enterprises Inc is an exploration-stage company in Canada. The firm is engaged in the acquisition, exploration, and development of base and precious metals. Its properties include Galaxy Property in British Columbia and Rock Creek Ranch in Nevada.