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Black Swan GrapheneTSXV:SWAN -1.01%35 Quick Ratio is 2.24 as of Jun. 2026, which is 90% below its 10-year median of 22.77. GuruFocus rates TSXV:SWAN with a GF Score™ of 35/100. The stock has 2 warning signs investors should review. Among 1,618 Chemicals companies, Black Swan Graphene ranks better than 73.36% on this metric.
Black Swan Graphene (TSXV:SWAN) 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.
Black Swan Graphene Quick Ratio Related Terms
Black Swan Graphene Quick Ratio Historical Data
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The historical data trend for Black Swan Graphene'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 Chemicals subindustry, Black Swan Graphene'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.
Black Swan Graphene Quick Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Black Swan Graphene's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Black Swan Graphene'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.
Black Swan Graphene's Quick Ratio for the fiscal year that ended in Dec. 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.
Black Swan Graphene (TSXV:SWAN) has a Quick Ratio of 2.24 as of Jun. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Black Swan Graphene and its competitors. This is 90% below median its historical median of 22.77. Over the past decade, Black Swan Graphene's Quick Ratio has ranged from 2.24 to 56.45. According to the industry distribution chart, Black Swan Graphene ranks #431 out of 1618 companies in the Chemicals industry, placing it in the top 26.6%.
Is Black Swan Graphene's Quick Ratio too high?
Black Swan Graphene's current Quick Ratio of 2.24 is 90% below median its 10-year median of 22.77. Over the past 10 years, this metric has ranged from a low of 2.24 to a high of 56.45. The Chemicals industry median Quick Ratio is 1.35. Black Swan Graphene's value of 2.24 is 65.9% above this industry median. Based on the distribution chart, Black Swan Graphene ranks #431 out of 1618 companies in the Chemicals industry, which is above the industry midpoint. Overall, Black Swan Graphene has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Black Swan Graphene's Quick Ratio compare to DOW?
According to the Chemicals industry distribution chart, Black Swan Graphene ranks #431 out of 1618 companies for Quick Ratio. This puts Black Swan Graphene in the upper half of its industry. The industry median Quick Ratio is 1.35. Black Swan Graphene's value of 2.24 is 65.9% above this benchmark. Historically, Black Swan Graphene's own Quick Ratio has ranged from 2.24 to 56.45 over the past decade. While the company's 10-year median is 22.77 vs. the industry median of 1.35, Black Swan Graphene 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 Chemicals company?
The median Quick Ratio among Chemicals companies is 1.35, based on 1,618 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. Black Swan Graphene's current Quick Ratio of 2.24 is 65.9% 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 Black Swan Graphene and its competitors. For the Chemicals industry, the median Quick Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Black Swan Graphene's current Quick Ratio is 2.24, which is 90% below median its own 10-year median of 22.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Swan Graphene stock overvalued right now?
Black Swan Graphene (TSXV:SWAN) has a current Quick Ratio of 2.24. The current Quick Ratio is 2.24, which is 90% below median its 10-year median of 22.77 and 65.9% above the Chemicals industry median of 1.35. Black Swan Graphene's overall GF Score™ is 35/100 with 2 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 Black Swan Graphene (TSXV:SWAN), the current Quick Ratio is 2.24 as of Jun. 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.
Black Swan Graphene Inc is focused on the large-scale production and commercialization of patented high-performance and low-cost graphene products aimed at several industrial sectors, including concrete, polymer, Li-ion batteries, and others, which are expected to require large volumes of graphene and, in turn, require large volumes of graphite.
35GF Score
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