Turnium Technology Group (TSXV:TTGI) Quick Ratio: 0.18 (As of Mar. 2026) — 22% Below Median

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What is Turnium Technology Group Quick Ratio?

Turnium Technology Group TSXV:TTGI -10.00% Quick Ratio is 0.18 as of Mar. 2026, which is 22% below its 10-year median of 0.23. The stock has 8 warning signs investors should review. Among 2,868 Software companies, Turnium Technology Group ranks worse than 96.16% 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. Turnium Technology Group's quick ratio for the quarter that ended in Mar. 2026 was 0.18.

Turnium Technology Group has a quick ratio of 0.18. It indicates that the company cannot currently fully pay back its current liabilities.

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

TSXV:TTGI' s Quick Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.23   Max: 0.81
Current: 0.18

During the past 6 years, Turnium Technology Group's highest Quick Ratio was 0.81. The lowest was 0.07. And the median was 0.23.

TSXV:TTGI's Quick Ratio is ranked worse than
96.16% of 2868 companies
in the Software industry
Industry Median: 1.705 vs TSXV:TTGI: 0.18

Turnium Technology Group  (TSXV:TTGI) 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.


Turnium Technology Group Quick Ratio Related Terms


Turnium Technology Group Quick Ratio Historical Data

* Premium members only.

The historical data trend for Turnium Technology Group'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.

Turnium Technology Group Quick Ratio Chart

Turnium Technology Group Annual Data
Trend Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Quick Ratio
Get a 7-Day Free Trial 0.39 0.33 0.25 0.07 0.25

Turnium Technology Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.12 0.25 0.25 0.22 0.18

TSXV:TTGI vs MSFT, ORCL, PLTR: Quick Ratio Comparison

For the Software - Infrastructure subindustry, Turnium Technology Group'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.


Turnium Technology Group Quick Ratio vs Software Industry

For the Software industry and Technology sector, Turnium Technology Group's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Turnium Technology Group's Quick Ratio falls into.



Turnium Technology Group 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.

Turnium Technology Group's Quick Ratio for the fiscal year that ended in Sep. 2025 is calculated as

Quick Ratio (A: Sep. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(2.872-0.019)/11.48
=0.25

Turnium Technology Group'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
=(2.508-0.005)/14.287
=0.18

* 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 0.18 mean?
Turnium Technology Group (TSXV:TTGI) has a Quick Ratio of 0.18 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Turnium Technology Group and its competitors. This is 22% below median its historical median of 0.23. Over the past decade, Turnium Technology Group's Quick Ratio has ranged from 0.07 to 0.81. According to the industry distribution chart, Turnium Technology Group ranks #2758 out of 2868 companies in the Software industry, placing it in the top 96.2%.
Is Turnium Technology Group's Quick Ratio too high?
Turnium Technology Group's current Quick Ratio of 0.18 is 22% below median its 10-year median of 0.23. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 0.81. The Software industry median Quick Ratio is 1.71. Turnium Technology Group's value of 0.18 is 89.4% below this industry median. Based on the distribution chart, Turnium Technology Group ranks #2758 out of 2868 companies in the Software industry, which is in the bottom quartile relative to peers.
How does Turnium Technology Group's Quick Ratio compare to MSFT and ORCL?
According to the Software industry distribution chart, Turnium Technology Group ranks #2758 out of 2868 companies for Quick Ratio. This places Turnium Technology Group in the lower half of its industry. The industry median Quick Ratio is 1.71. Turnium Technology Group's value of 0.18 is 89.4% below this benchmark. Historically, Turnium Technology Group's own Quick Ratio has ranged from 0.07 to 0.81 over the past decade. While the company's 10-year median is 0.23 vs. the industry median of 1.71, Turnium Technology Group 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 Software company?
The median Quick Ratio among Software companies is 1.71, based on 2,868 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. Turnium Technology Group's current Quick Ratio of 0.18 is 89.4% 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 Turnium Technology Group and its competitors. For the Software industry, the median Quick Ratio is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turnium Technology Group's current Quick Ratio is 0.18, which is 22% below median its own 10-year median of 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turnium Technology Group stock overvalued right now?
Based on GuruFocus' analysis, Turnium Technology Group (TSXV:TTGI) is currently considered Possible Value Trap. The stock's GF Value™ is C$0.08, compared to a current price of C$0.05 — trading 43.8% below its estimated fair value. The current Quick Ratio is 0.18, which is 22% below median its 10-year median of 0.23 and 89.4% below the Software industry median of 1.71. 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 Turnium Technology Group (TSXV:TTGI), the current Quick Ratio is 0.18 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.

Turnium Technology Group Business Description

Other Exchanges E48:Germany
Address 3355 Grandview Highway, Vancouver, BC, CAN, V5M 1Z5
Turnium Technology Group Inc invests in companies that are creating software-defined networks for service providers, enterprises, and small-medium business. The company deliver its software-defined wide area networking solution as a white label, containerized, disaggregated software platform that channel partners host, manage, brand, and price and as a managed cloud-native service. The Company's operations consist of two operating and reportable segments being Tenacious Networks Inc and Turnium Network Solutions Inc.