Saba Energy (TSXV:SABA) Quick Ratio: 15.06 (As of Sep. 2025) — 87% Above Median


What is Saba Energy Quick Ratio?

Saba Energy TSXV:SABA Quick Ratio is 15.06 as of Sep. 2025, which is 87% above its 10-year median of 8.04. The stock has 2 warning signs investors should review. Among 1,013 Oil & Gas companies, Saba Energy ranks better than 96.25% 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. Saba Energy's quick ratio for the quarter that ended in Sep. 2025 was 15.06.

Saba Energy has a quick ratio of 15.06. It generally indicates good short-term financial strength.

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

TSXV:SABA' s Quick Ratio Range Over the Past 10 Years
Min: 0.19   Med: 8.04   Max: 24.63
Current: 15.06

During the past 10 years, Saba Energy's highest Quick Ratio was 24.63. The lowest was 0.19. And the median was 8.04.

TSXV:SABA's Quick Ratio is ranked better than
96.25% of 1013 companies
in the Oil & Gas industry
Industry Median: 1.11 vs TSXV:SABA: 15.06

Saba Energy  (TSXV:SABA) 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.


Saba Energy Quick Ratio Related Terms


Saba Energy Quick Ratio Historical Data

* Premium members only.

The historical data trend for Saba Energy'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.

Saba Energy Quick Ratio Chart

Saba Energy Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec21 Dec22 Dec23 Dec24
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.01 0.00 1.71 4.25 14.14

Saba Energy Quarterly Data
Mar12 Jun12 Sep12 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 20.50 14.14 15.61 11.41 15.06

TSXV:SABA vs COP, EOG, FANG: Quick Ratio Comparison

For the Oil & Gas E&P subindustry, Saba Energy'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.


Saba Energy Quick Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Saba Energy's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Saba Energy's Quick Ratio falls into.



Saba Energy 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.

Saba Energy's Quick Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Quick Ratio (A: Dec. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(2.502-0)/0.177
=14.14

Saba Energy's Quick Ratio for the quarter that ended in Sep. 2025 is calculated as

Quick Ratio (Q: Sep. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(3.629-0)/0.241
=15.06

* 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 15.06 mean?
Saba Energy (TSXV:SABA) has a Quick Ratio of 15.06 as of Sep. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Saba Energy and its competitors. This is 87% above median its historical median of 8.04. Over the past decade, Saba Energy's Quick Ratio has ranged from 0.19 to 24.63. According to the industry distribution chart, Saba Energy ranks #38 out of 1013 companies in the Oil & Gas industry, placing it in the top 3.8%.
Is Saba Energy's Quick Ratio too high?
Saba Energy's current Quick Ratio of 15.06 is 87% above median its 10-year median of 8.04. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 24.63. The Oil & Gas industry median Quick Ratio is 1.11. Saba Energy's value of 15.06 is 1256.8% above this industry median. Based on the distribution chart, Saba Energy ranks #38 out of 1013 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers.
How does Saba Energy's Quick Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Saba Energy ranks #38 out of 1013 companies for Quick Ratio. This places Saba Energy in the top 4% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.11. Saba Energy's value of 15.06 is 1256.8% above this benchmark. Historically, Saba Energy's own Quick Ratio has ranged from 0.19 to 24.63 over the past decade. While the company's 10-year median is 8.04 vs. the industry median of 1.11, Saba Energy 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 Oil & Gas company?
The median Quick Ratio among Oil & Gas companies is 1.11, based on 1,013 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. Saba Energy's current Quick Ratio of 15.06 is 1256.8% 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 Saba Energy and its competitors. For the Oil & Gas industry, the median Quick Ratio is 1.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saba Energy's current Quick Ratio is 15.06, which is 87% above median its own 10-year median of 8.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saba Energy stock overvalued right now?
Saba Energy (TSXV:SABA) has a current Quick Ratio of 15.06. The current Quick Ratio is 15.06, which is 87% above median its 10-year median of 8.04 and 1256.8% above the Oil & Gas industry median of 1.11. 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 Saba Energy (TSXV:SABA), the current Quick Ratio is 15.06 as of Sep. 2025. 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.

Saba Energy Business Description

Industry EnergyOil & Gas
Address 800-215 9 Avenue, Calgary, AB, CAN, T2P 1K3
Saba Energy Ltd, formerly Blue Sky Global Energy Corp operates as an oil and gas exploration company. The Company explores oil and gas resources located in the Corozal Basin, Belize.