Seegnal (TSXV:SEGN) Quick Ratio: 0.34 (As of Mar. 2026) — Near Median

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TSXV:SEGN Seegnal Inc TSXV:SEGN
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Price C$0.28
! 3 Warning Signs
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What is Seegnal Quick Ratio?

Seegnal TSXV:SEGN 2 Quick Ratio is 0.34 as of Mar. 2026, which is at its 10-year median of 0.34. GuruFocus rates TSXV:SEGN with a GF Score™ of 2/100. The stock has 3 warning signs investors should review. Among 678 Healthcare Providers & Services companies, Seegnal ranks worse than 92.33% 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. Seegnal's quick ratio for the quarter that ended in Mar. 2026 was 0.34.

Seegnal has a quick ratio of 0.34. It indicates that the company cannot currently fully pay back its current liabilities.

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

TSXV:SEGN' s Quick Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.34   Max: 0.72
Current: 0.34

During the past 2 years, Seegnal's highest Quick Ratio was 0.72. The lowest was 0.04. And the median was 0.34.

TSXV:SEGN's Quick Ratio is ranked worse than
92.33% of 678 companies
in the Healthcare Providers & Services industry
Industry Median: 1.305 vs TSXV:SEGN: 0.34

Seegnal  (TSXV:SEGN) 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.


Seegnal Quick Ratio Related Terms


Seegnal Quick Ratio Historical Data

* Premium members only.

The historical data trend for Seegnal'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.

Seegnal Quick Ratio Chart

Seegnal Annual Data
Trend Dec24 Dec25
Quick Ratio
0.04 0.42

Seegnal Quarterly Data
Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick Ratio Get a 7-Day Free Trial 0.00 0.10 0.72 0.42 0.34

TSXV:SEGN vs VEEV, BTSG, HQY: Quick Ratio Comparison

For the Health Information Services subindustry, Seegnal'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.


Seegnal Quick Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Seegnal's Quick Ratio distribution charts can be found below:

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


TSXV:SEGN
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Seegnal Inc TSXV:SEGN
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Seegnal 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.

Seegnal'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
=(1.156-0)/2.759
=0.42

Seegnal'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
=(1.519-0)/4.423
=0.34

* 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 0.34 mean?
Seegnal (TSXV:SEGN) has a Quick Ratio of 0.34 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Seegnal and its competitors. This is near median its historical median of 0.34. Over the past decade, Seegnal's Quick Ratio has ranged from 0.04 to 0.72. According to the industry distribution chart, Seegnal ranks #626 out of 678 companies in the Healthcare Providers & Services industry, placing it in the top 92.3%.
Is Seegnal's Quick Ratio too high?
Seegnal's current Quick Ratio of 0.34 is near median its 10-year median of 0.34. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.72. The Healthcare Providers & Services industry median Quick Ratio is 1.31. Seegnal's value of 0.34 is 73.9% below this industry median. Based on the distribution chart, Seegnal ranks #626 out of 678 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. Overall, Seegnal has a GF Score™ of 2/100, reflecting its overall financial health beyond just this single metric.
How does Seegnal's Quick Ratio compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, Seegnal ranks #626 out of 678 companies for Quick Ratio. This places Seegnal in the lower half of its industry. The industry median Quick Ratio is 1.31. Seegnal's value of 0.34 is 73.9% below this benchmark. Historically, Seegnal's own Quick Ratio has ranged from 0.04 to 0.72 over the past decade. While the company's 10-year median is 0.34 vs. the industry median of 1.31, Seegnal 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 Healthcare Providers & Services company?
The median Quick Ratio among Healthcare Providers & Services companies is 1.31, based on 678 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. Seegnal's current Quick Ratio of 0.34 is 73.9% 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 Seegnal and its competitors. For the Healthcare Providers & Services industry, the median Quick Ratio is 1.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Seegnal's current Quick Ratio is 0.34, which is near median its own 10-year median of 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seegnal stock overvalued right now?
Seegnal (TSXV:SEGN) has a current Quick Ratio of 0.34. The current Quick Ratio is 0.34, which is near median its 10-year median of 0.34 and 73.9% below the Healthcare Providers & Services industry median of 1.31. Seegnal's overall GF Score™ is 2/100 with 3 warning signs 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 Seegnal (TSXV:SEGN), the current Quick Ratio is 0.34 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.

Seegnal Business Description

Address 400-5th Avenue. SW, 300 Roslyn Building, Calgary, AB, CAN, T2P 0L6
Seegnal Inc is a med-tech software as a service (SaaS) company focused on the development and commercialization of a patient-centric clinical decision support system designed to mitigate drug-related problems at the point of care. It provides AI-enhanced clinical decision support software that helps healthcare providers prescribe medications safely and efficiently at the point of care (the Seegnal Platform). It analyzes patient-specific clinical data and medication regimens in real time to identify potential drug-related risks, including drug-drug interactions, contraindications, and adverse drug events. By integrating with electronic medical record systems, its platform supports clinicians in improving patient safety, optimizing medication use, and reducing healthcare costs.
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