IC Group Holdings (TSXV:ICGH) Quick Ratio: 0.97 (As of Mar. 2026) — 15% Above Median

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TSXV:ICGH IC Group Holdings Inc TSXV:ICGH
13 GF Score
Price C$0.43
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What is IC Group Holdings Quick Ratio?

IC Group Holdings TSXV:ICGH 13 Quick Ratio is 0.97 as of Mar. 2026, which is 15% above its 10-year median of 0.84. GuruFocus rates TSXV:ICGH with a GF Score™ of 13/100. The stock has 1 warning sign investors should review. Among 1,025 Media - Diversified companies, IC Group Holdings ranks worse than 68.68% 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. IC Group Holdings's quick ratio for the quarter that ended in Mar. 2026 was 0.97.

IC Group Holdings has a quick ratio of 0.97. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for IC Group Holdings's Quick Ratio or its related term are showing as below:

TSXV:ICGH' s Quick Ratio Range Over the Past 10 Years
Min: 0.48   Med: 0.84   Max: 1.09
Current: 0.97

During the past 5 years, IC Group Holdings's highest Quick Ratio was 1.09. The lowest was 0.48. And the median was 0.84.

TSXV:ICGH's Quick Ratio is ranked worse than
68.68% of 1025 companies
in the Media - Diversified industry
Industry Median: 1.46 vs TSXV:ICGH: 0.97

IC Group Holdings  (TSXV:ICGH) 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.


IC Group Holdings Quick Ratio Related Terms


IC Group Holdings Quick Ratio Historical Data

* Premium members only.

The historical data trend for IC Group Holdings'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.

IC Group Holdings Quick Ratio Chart

IC Group Holdings Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
0.91 1.09 0.48 0.80 0.97

IC Group Holdings Quarterly Data
Dec21 Dec22 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 0.86 0.82 0.79 0.97 0.97

TSXV:ICGH vs APP, OMC, TTD: Quick Ratio Comparison

For the Advertising Agencies subindustry, IC Group Holdings'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.


IC Group Holdings Quick Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, IC Group Holdings's Quick Ratio distribution charts can be found below:

* The bar in red indicates where IC Group Holdings's Quick Ratio falls into.


TSXV:ICGH
13GF Score
IC Group Holdings Inc TSXV:ICGH
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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IC Group Holdings 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.

IC Group Holdings'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
=(17.635-0)/18.168
=0.97

IC Group Holdings'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
=(12.863-0)/13.309
=0.97

* 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 0.97 mean?
IC Group Holdings (TSXV:ICGH) has a Quick Ratio of 0.97 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on IC Group Holdings and its competitors. This is 15% above median its historical median of 0.84. Over the past decade, IC Group Holdings' Quick Ratio has ranged from 0.48 to 1.09. According to the industry distribution chart, IC Group Holdings ranks #704 out of 1025 companies in the Media - Diversified industry, placing it in the top 68.7%.
Is IC Group Holdings' Quick Ratio too high?
IC Group Holdings' current Quick Ratio of 0.97 is 15% above median its 10-year median of 0.84. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 1.09. The Media - Diversified industry median Quick Ratio is 1.46. IC Group Holdings' value of 0.97 is 33.6% below this industry median. Based on the distribution chart, IC Group Holdings ranks #704 out of 1025 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, IC Group Holdings has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does IC Group Holdings' Quick Ratio compare to APP and OMC?
According to the Media - Diversified industry distribution chart, IC Group Holdings ranks #704 out of 1025 companies for Quick Ratio. This places IC Group Holdings in the lower half of its industry. The industry median Quick Ratio is 1.46. IC Group Holdings' value of 0.97 is 33.6% below this benchmark. Historically, IC Group Holdings' own Quick Ratio has ranged from 0.48 to 1.09 over the past decade. While the company's 10-year median is 0.84 vs. the industry median of 1.46, IC Group Holdings 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 a Media - Diversified company?
The median Quick Ratio among Media - Diversified companies is 1.46, based on 1,025 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. IC Group Holdings's current Quick Ratio of 0.97 is 33.6% 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 IC Group Holdings and its competitors. For the Media - Diversified industry, the median Quick Ratio is 1.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IC Group Holdings's current Quick Ratio is 0.97, which is 15% above median its own 10-year median of 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IC Group Holdings stock overvalued right now?
IC Group Holdings (TSXV:ICGH) has a current Quick Ratio of 0.97. The current Quick Ratio is 0.97, which is 15% above median its 10-year median of 0.84 and 33.6% below the Media - Diversified industry median of 1.46. IC Group Holdings' overall GF Score™ is 13/100 with 1 warning sign 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 IC Group Holdings (TSXV:ICGH), the current Quick Ratio is 0.97 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.

IC Group Holdings Business Description

Address 383 Dovercourt Drive, Winnipeg, MB, CAN, R3Y 1G4
IC Group Holdings Inc is a marketing services technology company, powering consumer engagement and promotions for Fortune 500 Brands. It is delivering impactful digital promotions, loyalty, rebate, mobile messaging, and speciality insurance solutions in world-wide jurisdictions. The Company delivers digital promotions and consumer engagement programs for customers in over 20 countries. The company operates in three segments: IC Engage, IC Mobile, and IC Insurance. The majority of its revenue is generated from the IC Engage, which delivers turnkey and custom enterprise digital promotions, including gamified content, loyalty, reward, and incentive solutions across digital channels, customer ecosystems, and live events to capture data and drive commerce.
13GF Score

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