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Mackay Gold & SilverTSXV:MACK -1.35%17 Quick Ratio is 205.42 as of Mar. 2026, which is 66165% above its 10-year median of 0.31. GuruFocus rates TSXV:MACK with a GF Score™ of 17/100. The stock has 1 warning sign investors should review. Among 2,638 Metals & Mining companies, Mackay Gold & Silver ranks better than 99.51% on this metric.
Mackay Gold & Silver (TSXV:MACK) 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.
Mackay Gold & Silver Quick Ratio Related Terms
Mackay Gold & Silver Quick Ratio Historical Data
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The historical data trend for Mackay Gold & 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 Gold subindustry, Mackay Gold & 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.
Mackay Gold & Silver Quick Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Mackay Gold & Silver's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Mackay Gold & 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.
Mackay Gold & 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.
Mackay Gold & Silver (TSXV:MACK) has a Quick Ratio of 205.42 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Mackay Gold & Silver and its competitors. This is 66165% above median its historical median of 0.31. Over the past decade, Mackay Gold & Silver's Quick Ratio has ranged from 0.04 to 205.42. According to the industry distribution chart, Mackay Gold & Silver ranks #13 out of 2638 companies in the Metals & Mining industry, placing it in the top 0.5%.
Is Mackay Gold & Silver's Quick Ratio too high?
Mackay Gold & Silver's current Quick Ratio of 205.42 is 66165% above median its 10-year median of 0.31. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 205.42. The Metals & Mining industry median Quick Ratio is 2.33. Mackay Gold & Silver's value of 205.42 is 8735.3% above this industry median. Based on the distribution chart, Mackay Gold & Silver ranks #13 out of 2638 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Mackay Gold & Silver has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Mackay Gold & Silver's Quick Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Mackay Gold & Silver ranks #13 out of 2638 companies for Quick Ratio. This places Mackay Gold & Silver in the top 1% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 2.33. Mackay Gold & Silver's value of 205.42 is 8735.3% above this benchmark. Historically, Mackay Gold & Silver's own Quick Ratio has ranged from 0.04 to 205.42 over the past decade. While the company's 10-year median is 0.31 vs. the industry median of 2.33, Mackay Gold & 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 2.33, based on 2,638 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. Mackay Gold & Silver's current Quick Ratio of 205.42 is 8735.3% 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 Mackay Gold & Silver and its competitors. For the Metals & Mining industry, the median Quick Ratio is 2.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mackay Gold & Silver's current Quick Ratio is 205.42, which is 66165% above median its own 10-year median of 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mackay Gold & Silver stock overvalued right now?
Mackay Gold & Silver (TSXV:MACK) has a current Quick Ratio of 205.42. The current Quick Ratio is 205.42, which is 66165% above median its 10-year median of 0.31 and 8735.3% above the Metals & Mining industry median of 2.33. Mackay Gold & Silver's overall GF Score™ is 17/100 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 Mackay Gold & Silver (TSXV:MACK), the current Quick Ratio is 205.42 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.
Mackay Gold & Silver Corp is an exploration company operating in Nevada's historic Comstock District, a globally recognized gold-silver mining region. The Company controls a large, continuous land package prospective for high-grade epithermal gold and silver deposits and leverages modern geological modelling, structural interpretation, and targeted drilling to advance discoveries. The group is focused on generating long-term value through disciplined exploration in a Tier-1 mining jurisdiction. It operates in Comstock Gold & Silver Project.
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