WHYRF (West High Yield (W.H.Y.) Resources) Quick Ratio: 0.12 (As of Mar. 2026) — 200% Above Median


WHYRF West High Yield (W.H.Y.) Resources Ltd WHYRF
24 GF Score
Price $0.24
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What is West High Yield (W.H.Y.) Resources Quick Ratio?

West High Yield (W.H.Y.) Resources WHYRF -0.81% 24 Quick Ratio is 0.12 as of Mar. 2026, which is 200% above its 10-year median of 0.04. GuruFocus rates WHYRF with a GF Score™ of 24/100. Among 2,638 Metals & Mining companies, West High Yield (W.H.Y.) Resources ranks worse than 92.49% 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. West High Yield (W.H.Y.) Resources's quick ratio for the quarter that ended in Mar. 2026 was 0.12.

West High Yield (W.H.Y.) Resources has a quick ratio of 0.12. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for West High Yield (W.H.Y.) Resources's Quick Ratio or its related term are showing as below:

WHYRF' s Quick Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.04   Max: 0.52
Current: 0.12

During the past 13 years, West High Yield (W.H.Y.) Resources's highest Quick Ratio was 0.52. The lowest was 0.01. And the median was 0.04.

WHYRF's Quick Ratio is ranked worse than
92.49% of 2638 companies
in the Metals & Mining industry
Industry Median: 2.32 vs WHYRF: 0.12

West High Yield (W.H.Y.) Resources  (OTCPK:WHYRF) 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.


West High Yield (W.H.Y.) Resources Quick Ratio Related Terms


West High Yield (W.H.Y.) Resources Quick Ratio Historical Data

* Premium members only.

The historical data trend for West High Yield (W.H.Y.) Resources'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.

West High Yield (W.H.Y.) Resources Quick Ratio Chart

West High Yield (W.H.Y.) Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 0.21 0.04 0.04 0.08

West High Yield (W.H.Y.) Resources 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 0.11 0.06 0.06 0.08 0.12

West High Yield (W.H.Y.) Resources Quick Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, West High Yield (W.H.Y.) Resources'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.


West High Yield (W.H.Y.) Resources Quick Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, West High Yield (W.H.Y.) Resources's Quick Ratio distribution charts can be found below:

* The bar in red indicates where West High Yield (W.H.Y.) Resources's Quick Ratio falls into.


WHYRF
24GF Score
West High Yield (W.H.Y.) Resources Ltd WHYRF
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West High Yield (W.H.Y.) Resources 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.

West High Yield (W.H.Y.) Resources'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
=(0.528-0)/6.841
=0.08

West High Yield (W.H.Y.) Resources'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
=(0.822-0)/7.09
=0.12

* 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 0.12 mean?
West High Yield (W.H.Y.) Resources (WHYRF) has a Quick Ratio of 0.12 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on West High Yield (W.H.Y.) Resources and its competitors. This is 200% above median its historical median of 0.04. Over the past decade, West High Yield (W.H.Y.) Resources' Quick Ratio has ranged from 0.01 to 0.52. According to the industry distribution chart, West High Yield (W.H.Y.) Resources ranks #2440 out of 2638 companies in the Metals & Mining industry, placing it in the top 92.5%.
Is West High Yield (W.H.Y.) Resources' Quick Ratio too high?
West High Yield (W.H.Y.) Resources' current Quick Ratio of 0.12 is 200% above median its 10-year median of 0.04. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.52. The Metals & Mining industry median Quick Ratio is 2.32. West High Yield (W.H.Y.) Resources' value of 0.12 is 94.8% below this industry median. Based on the distribution chart, West High Yield (W.H.Y.) Resources ranks #2440 out of 2638 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, West High Yield (W.H.Y.) Resources has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does West High Yield (W.H.Y.) Resources' Quick Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, West High Yield (W.H.Y.) Resources ranks #2440 out of 2638 companies for Quick Ratio. This places West High Yield (W.H.Y.) Resources in the lower half of its industry. The industry median Quick Ratio is 2.32. West High Yield (W.H.Y.) Resources' value of 0.12 is 94.8% below this benchmark. Historically, West High Yield (W.H.Y.) Resources' own Quick Ratio has ranged from 0.01 to 0.52 over the past decade. While the company's 10-year median is 0.04 vs. the industry median of 2.32, West High Yield (W.H.Y.) Resources 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 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. West High Yield (W.H.Y.) Resources's current Quick Ratio of 0.12 is 94.8% 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 West High Yield (W.H.Y.) Resources 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. West High Yield (W.H.Y.) Resources's current Quick Ratio is 0.12, which is 200% above median its own 10-year median of 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is West High Yield (W.H.Y.) Resources stock overvalued right now?
West High Yield (W.H.Y.) Resources (WHYRF) has a current Quick Ratio of 0.12. The current Quick Ratio is 0.12, which is 200% above median its 10-year median of 0.04 and 94.8% below the Metals & Mining industry median of 2.32. West High Yield (W.H.Y.) Resources' overall GF Score™ is 24/100. 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 West High Yield (W.H.Y.) Resources (WHYRF), the current Quick Ratio is 0.12 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.

West High Yield (W.H.Y.) Resources Business Description

Other Exchanges W0H:GermanyWHY:Canada
Address P.O. Box 68121, Calgary, AB, CAN, T3G 3N8
West High Yield (W.H.Y.) Resources Ltd is a mining exploration company. The company is focused on acquiring, exploring, and developing mineral resource properties in Canada. Its objective is to develop its Record Ridge critical mineral (magnesium, silica, and nickel) deposit using green processing techniques to minimize waste and CO2 emissions. Its projects include the Midnight Project, the Gold Mine Rejects Project and Others.
24GF Score

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