Vinland Lithium (TSXV:VLD) Quick Ratio: 18.27 (As of Mar. 2026) — 38% Above Median


TSXV:VLD Vinland Lithium Inc TSXV:VLD
17 GF Score
Price C$0.44
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What is Vinland Lithium Quick Ratio?

Vinland Lithium TSXV:VLD -1.12% 17 Quick Ratio is 18.27 as of Mar. 2026, which is 38% above its 10-year median of 13.25. GuruFocus rates TSXV:VLD with a GF Score™ of 17/100. Among 2,638 Metals & Mining companies, Vinland Lithium ranks better than 87.49% 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. Vinland Lithium's quick ratio for the quarter that ended in Mar. 2026 was 18.27.

Vinland Lithium has a quick ratio of 18.27. It generally indicates good short-term financial strength.

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

TSXV:VLD' s Quick Ratio Range Over the Past 10 Years
Min: 7.21   Med: 13.25   Max: 20.19
Current: 18.27

During the past 3 years, Vinland Lithium's highest Quick Ratio was 20.19. The lowest was 7.21. And the median was 13.25.

TSXV:VLD's Quick Ratio is ranked better than
87.49% of 2638 companies
in the Metals & Mining industry
Industry Median: 2.315 vs TSXV:VLD: 18.27

Vinland Lithium  (TSXV:VLD) 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.


Vinland Lithium Quick Ratio Related Terms


Vinland Lithium Quick Ratio Historical Data

* Premium members only.

The historical data trend for Vinland Lithium'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.

Vinland Lithium Quick Ratio Chart

Vinland Lithium Annual Data
Trend Dec23 Dec24 Dec25
Quick Ratio
20.19 11.00 14.14

Vinland Lithium Quarterly Data
Dec23 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick Ratio Get a 7-Day Free Trial Premium Member Only 0.00 7.21 12.35 14.14 18.27

Vinland Lithium Quick Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Vinland Lithium'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.


Vinland Lithium Quick Ratio vs Metals & Mining Industry

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

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


TSXV:VLD
17GF Score
Vinland Lithium Inc TSXV:VLD
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Vinland Lithium 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.

Vinland Lithium'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
=(1.273-0)/0.09
=14.14

Vinland Lithium'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
=(1.224-0)/0.067
=18.27

* 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 18.27 mean?
Vinland Lithium (TSXV:VLD) has a Quick Ratio of 18.27 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Vinland Lithium and its competitors. This is 38% above median its historical median of 13.25. Over the past decade, Vinland Lithium's Quick Ratio has ranged from 7.21 to 20.19. According to the industry distribution chart, Vinland Lithium ranks #330 out of 2638 companies in the Metals & Mining industry, placing it in the top 12.5%.
Is Vinland Lithium's Quick Ratio too high?
Vinland Lithium's current Quick Ratio of 18.27 is 38% above median its 10-year median of 13.25. Over the past 10 years, this metric has ranged from a low of 7.21 to a high of 20.19. The Metals & Mining industry median Quick Ratio is 2.32. Vinland Lithium's value of 18.27 is 689.2% above this industry median. Based on the distribution chart, Vinland Lithium ranks #330 out of 2638 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Vinland Lithium has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Vinland Lithium's Quick Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Vinland Lithium ranks #330 out of 2638 companies for Quick Ratio. This places Vinland Lithium in the top 13% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 2.32. Vinland Lithium's value of 18.27 is 689.2% above this benchmark. Historically, Vinland Lithium's own Quick Ratio has ranged from 7.21 to 20.19 over the past decade. While the company's 10-year median is 13.25 vs. the industry median of 2.32, Vinland Lithium 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 Metals & Mining company?
The median Quick Ratio among Metals & Mining companies is 2.32, based on 2,638 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. Vinland Lithium's current Quick Ratio of 18.27 is 689.2% 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 Vinland Lithium 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. Vinland Lithium's current Quick Ratio is 18.27, which is 38% above median its own 10-year median of 13.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vinland Lithium stock overvalued right now?
Vinland Lithium (TSXV:VLD) has a current Quick Ratio of 18.27. The current Quick Ratio is 18.27, which is 38% above median its 10-year median of 13.25 and 689.2% above the Metals & Mining industry median of 2.32. Vinland Lithium's overall GF Score™ is 17/100. 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 Vinland Lithium (TSXV:VLD), the current Quick Ratio is 18.27 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.

Vinland Lithium Business Description

Address 650 West Georgia Street, No. 2110, Vancouver, BC, CAN, V6B 4N8
Vinland Lithium Inc is a mineral exploration company. The company is focused on advancing the recently-discovered Killick Lithium Project, which covers a prospective geological terrane in proximity to the Baie d'Est Fault. The project boasts multiple spodumene pegmatites within the Kraken Pegmatite Field and high-grade cesium-tantalum-lithium hosted in the Hydra Pegmatite.
17GF Score

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