Power Group Projects (TSXV:PGP) Quick Ratio: 0.06 (As of Apr. 2026) — 97% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Power Group Projects Quick Ratio?

Power Group Projects TSXV:PGP Quick Ratio is 0.06 as of Apr. 2026, which is 97% below its 10-year median of 1.98. The stock has 3 warning signs investors should review.

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. Power Group Projects's quick ratio for the quarter that ended in Apr. 2026 was 0.06.

Power Group Projects has a quick ratio of 0.06. It indicates that the company cannot currently fully pay back its current liabilities.

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

TSXV:PGP' s Quick Ratio Range Over the Past 10 Years
Min: 0.05   Med: 1.98   Max: 102.1
Current: 0.06

During the past 13 years, Power Group Projects's highest Quick Ratio was 102.10. The lowest was 0.05. And the median was 1.98.

TSXV:PGP's Quick Ratio is not ranked
in the Metals & Mining industry.
Industry Median: 2.32 vs TSXV:PGP: 0.06

Power Group Projects  (TSXV:PGP) 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.


Power Group Projects Quick Ratio Related Terms


Power Group Projects Quick Ratio Historical Data

* Premium members only.

The historical data trend for Power Group Projects'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.

Power Group Projects Quick Ratio Chart

Power Group Projects Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.94 1.36 0.09 0.05 0.09

Power Group Projects 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 0.08 0.19 0.09 0.09 0.06

TSXV:PGP vs MP: Quick Ratio Comparison

For the Other Industrial Metals & Mining subindustry, Power Group Projects'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.


Power Group Projects Quick Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Power Group Projects's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Power Group Projects's Quick Ratio falls into.



Power Group Projects 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.

Power Group Projects's Quick Ratio for the fiscal year that ended in Jan. 2026 is calculated as

Quick Ratio (A: Jan. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.057-0)/0.658
=0.09

Power Group Projects'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
=(0.044-0)/0.703
=0.06

* 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 0.06 mean?
Power Group Projects (TSXV:PGP) has a Quick Ratio of 0.06 as of Apr. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Power Group Projects and its competitors. This is 97% below median its historical median of 1.98. Over the past decade, Power Group Projects' Quick Ratio has ranged from 0.05 to 102.10.
Is Power Group Projects' Quick Ratio too high?
Power Group Projects' current Quick Ratio of 0.06 is 97% below median its 10-year median of 1.98. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 102.10. The Metals & Mining industry median Quick Ratio is 2.32. Power Group Projects' value of 0.06 is 97.4% below this industry median.
How does Power Group Projects' Quick Ratio compare to MP?
Power Group Projects' Quick Ratio of 0.06 can be compared against companies in the Metals & Mining industry. The industry median Quick Ratio is 2.32. Power Group Projects' value of 0.06 is 97.4% below this benchmark. Historically, Power Group Projects' own Quick Ratio has ranged from 0.05 to 102.10 over the past decade. While the company's 10-year median is 1.98 vs. the industry median of 2.32, Power Group Projects 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 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. Power Group Projects's current Quick Ratio of 0.06 is 97.4% 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 Power Group Projects 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. Power Group Projects's current Quick Ratio is 0.06, which is 97% below median its own 10-year median of 1.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Power Group Projects stock overvalued right now?
Power Group Projects (TSXV:PGP) has a current Quick Ratio of 0.06. The current Quick Ratio is 0.06, which is 97% below median its 10-year median of 1.98 and 97.4% below the Metals & Mining industry median of 2.32. 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 Power Group Projects (TSXV:PGP), the current Quick Ratio is 0.06 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.

Power Group Projects Business Description

Address 2912 West Broadway Street, Unit 309, Vancouver, BC, CAN, V6K 0E9
Power Group Projects Corp is an exploration stage company. It is engaged in the acquisition and exploration of resource properties in Canada. Its properties include Atlin West Property, Rizz and Icefall Properties, and Sugarbowl.