Defiance SilverTSXV:DEF 33 Quick Ratio is 9.26 as of Mar. 2026, which is 291% above its 10-year median of 2.37. GuruFocus rates TSXV:DEF with a GF Score™ of 33/100. Among 2,637 Metals & Mining companies, Defiance Silver ranks better than 77.66% 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. Defiance Silver's quick ratio for the quarter that ended in Mar. 2026 was 9.26.
Defiance Silver has a quick ratio of 9.26. It generally indicates good short-term financial strength.
The historical rank and industry rank for Defiance Silver's Quick Ratio or its related term are showing as below:
TSXV:DEF'
s Quick Ratio Range Over the Past 10 Years
Min: 0.04 Med: 2.37 Max: 22.44
Current: 9.26
During the past 13 years, Defiance Silver's highest Quick Ratio was 22.44. The lowest was 0.04. And the median was 2.37.
TSXV:DEF's Quick Ratio is ranked better than 77.66% of 2637
companies
in the Metals & Mining industry
Industry Median: 2.32
vs TSXV:DEF: 9.26
Defiance Silver (TSXV:DEF) 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.
Defiance Silver Quick Ratio Related Terms
Defiance Silver Quick Ratio Historical Data
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The historical data trend for Defiance Silver'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 Other Precious Metals & Mining subindustry, Defiance Silver'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.
Defiance Silver Quick Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Defiance Silver's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Defiance Silver'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.
Defiance Silver's Quick Ratio for the fiscal year that ended in Jun. 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.
Defiance Silver (TSXV:DEF) has a Quick Ratio of 9.26 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Defiance Silver and its competitors. This is 291% above median its historical median of 2.37. Over the past decade, Defiance Silver's Quick Ratio has ranged from 0.04 to 22.44. According to the industry distribution chart, Defiance Silver ranks #589 out of 2637 companies in the Metals & Mining industry, placing it in the top 22.3%.
Is Defiance Silver's Quick Ratio too high?
Defiance Silver's current Quick Ratio of 9.26 is 291% above median its 10-year median of 2.37. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 22.44. The Metals & Mining industry median Quick Ratio is 2.32. Defiance Silver's value of 9.26 is 299.1% above this industry median. Based on the distribution chart, Defiance Silver ranks #589 out of 2637 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Defiance Silver has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Defiance Silver's Quick Ratio compare to HL?
According to the Metals & Mining industry distribution chart, Defiance Silver ranks #589 out of 2637 companies for Quick Ratio. This places Defiance Silver in the top 22% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 2.32. Defiance Silver's value of 9.26 is 299.1% above this benchmark. Historically, Defiance Silver's own Quick Ratio has ranged from 0.04 to 22.44 over the past decade. While the company's 10-year median is 2.37 vs. the industry median of 2.32, Defiance Silver 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 2.32, based on 2,637 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. Defiance Silver's current Quick Ratio of 9.26 is 299.1% 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 Defiance Silver and its competitors. For the Metals & Mining industry, the median Quick Ratio is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Defiance Silver's current Quick Ratio is 9.26, which is 291% above median its own 10-year median of 2.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Defiance Silver stock overvalued right now?
Defiance Silver (TSXV:DEF) has a current Quick Ratio of 9.26. The current Quick Ratio is 9.26, which is 291% above median its 10-year median of 2.37 and 299.1% above the Metals & Mining industry median of 2.32. Defiance Silver's overall GF Score™ is 33/100. 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 Defiance Silver (TSXV:DEF), the current Quick Ratio is 9.26 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.
Defiance Silver Corp is a Mexico-based silver, gold, copper, and polymetallic exploration & development company. The company is focused on advancing two projects in Mexico, the Zacatecas silver project in the historic mining region of Zacatecas and the Tepal copper-gold project in Michoacan. The company's projects include Zacatecas silver projects located in north-central Mexico and the Tepal copper-gold project located in the state of Michoacan, Mexico.
33GF Score
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