Fountain Asset (TSXV:FA) Quick Ratio: 54.40 (As of Mar. 2026) — 187% Above Median


What is Fountain Asset Quick Ratio?

Fountain Asset TSXV:FA Quick Ratio is 54.40 as of Mar. 2026, which is 187% above its 10-year median of 18.94. The stock has 1 warning sign investors should review. Among 709 Asset Management companies, Fountain Asset ranks better than 90.41% 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. Fountain Asset's quick ratio for the quarter that ended in Mar. 2026 was 54.40.

Fountain Asset has a quick ratio of 54.40. It generally indicates good short-term financial strength.

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

TSXV:FA' s Quick Ratio Range Over the Past 10 Years
Min: 2.53   Med: 18.94   Max: 76.99
Current: 54.4

During the past 13 years, Fountain Asset's highest Quick Ratio was 76.99. The lowest was 2.53. And the median was 18.94.

TSXV:FA's Quick Ratio is ranked better than
90.41% of 709 companies
in the Asset Management industry
Industry Median: 2.82 vs TSXV:FA: 54.40

Fountain Asset  (TSXV:FA) 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.


Fountain Asset Quick Ratio Related Terms


Fountain Asset Quick Ratio Historical Data

* Premium members only.

The historical data trend for Fountain Asset'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.

Fountain Asset Quick Ratio Chart

Fountain Asset 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 15.75 10.98 6.06 4.81 20.84

Fountain Asset 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 9.98 32.58 39.06 20.84 54.40

TSXV:FA vs BLK, BX, KKR: Quick Ratio Comparison

For the Asset Management subindustry, Fountain Asset'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.


Fountain Asset Quick Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Fountain Asset's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Fountain Asset's Quick Ratio falls into.



Fountain Asset 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.

Fountain Asset'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
=(2.48-0)/0.119
=20.84

Fountain Asset'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
=(3.536-0)/0.065
=54.40

* 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 54.40 mean?
Fountain Asset (TSXV:FA) has a Quick Ratio of 54.40 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Fountain Asset and its competitors. This is 187% above median its historical median of 18.94. Over the past decade, Fountain Asset's Quick Ratio has ranged from 2.53 to 76.99. According to the industry distribution chart, Fountain Asset ranks #68 out of 709 companies in the Asset Management industry, placing it in the top 9.6%.
Is Fountain Asset's Quick Ratio too high?
Fountain Asset's current Quick Ratio of 54.40 is 187% above median its 10-year median of 18.94. Over the past 10 years, this metric has ranged from a low of 2.53 to a high of 76.99. The Asset Management industry median Quick Ratio is 2.82. Fountain Asset's value of 54.40 is 1829.1% above this industry median. Based on the distribution chart, Fountain Asset ranks #68 out of 709 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers.
How does Fountain Asset's Quick Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Fountain Asset ranks #68 out of 709 companies for Quick Ratio. This places Fountain Asset in the top 10% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 2.82. Fountain Asset's value of 54.40 is 1829.1% above this benchmark. Historically, Fountain Asset's own Quick Ratio has ranged from 2.53 to 76.99 over the past decade. While the company's 10-year median is 18.94 vs. the industry median of 2.82, Fountain Asset 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 an Asset Management company?
The median Quick Ratio among Asset Management companies is 2.82, based on 709 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. Fountain Asset's current Quick Ratio of 54.40 is 1829.1% 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 Fountain Asset and its competitors. For the Asset Management industry, the median Quick Ratio is 2.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fountain Asset's current Quick Ratio is 54.40, which is 187% above median its own 10-year median of 18.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fountain Asset stock overvalued right now?
Fountain Asset (TSXV:FA) has a current Quick Ratio of 54.40. The current Quick Ratio is 54.40, which is 187% above median its 10-year median of 18.94 and 1829.1% above the Asset Management industry median of 2.82. 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 Fountain Asset (TSXV:FA), the current Quick Ratio is 54.40 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.

Fountain Asset Business Description

Address 3 Market Street, Unit 609, Toronto, ON, CAN, M5E 0A3
Fountain Asset Corp is a Canadian investment company. It is focused on creating shareholder value by offering various debt and equity financing solutions to companies across a variety of industries, including manufacturing, retail, financial services, technology, cannabis, biotechnology, oil and gas, mining, and cryptocurrency. The company focuses on both small to mid-sized private and public companies that require financing of five hundred thousand and greater. Along with providing capital, Fountain provides advisory services that range from going public to mergers and acquisitions.