Adelphi Metals (XCNQ:ADP) Quick Ratio: 1.67 (As of May. 2026) — 35% Above Median

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XCNQ:ADP Adelphi Metals Inc XCNQ:ADP
17 GF Score
Price C$0.13
! 1 Warning Sign
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What is Adelphi Metals Quick Ratio?

Adelphi Metals XCNQ:ADP 17 Quick Ratio is 1.67 as of May. 2026, which is 35% above its 10-year median of 1.24. GuruFocus rates XCNQ:ADP with a GF Score™ of 17/100. The stock has 1 warning sign investors should review. Among 2,637 Metals & Mining companies, Adelphi Metals ranks worse than 57.76% 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. Adelphi Metals's quick ratio for the quarter that ended in May. 2026 was 1.67.

Adelphi Metals has a quick ratio of 1.67. It generally indicates good short-term financial strength.

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

XCNQ:ADP' s Quick Ratio Range Over the Past 10 Years
Min: 0.08   Med: 1.24   Max: 2.23
Current: 1.67

During the past 3 years, Adelphi Metals's highest Quick Ratio was 2.23. The lowest was 0.08. And the median was 1.24.

XCNQ:ADP's Quick Ratio is ranked worse than
57.76% of 2637 companies
in the Metals & Mining industry
Industry Median: 2.34 vs XCNQ:ADP: 1.67

Adelphi Metals  (XCNQ:ADP) 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.


Adelphi Metals Quick Ratio Related Terms


Adelphi Metals Quick Ratio Historical Data

* Premium members only.

The historical data trend for Adelphi Metals'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.

Adelphi Metals Quick Ratio Chart

Adelphi Metals Annual Data
Trend Nov23 Nov24 Nov25
Quick Ratio
1.77 1.53 0.10

Adelphi Metals Quarterly Data
Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.57 0.19 0.10 0.08 1.67

XCNQ:ADP vs NEM, AU: Quick Ratio Comparison

For the Gold subindustry, Adelphi Metals'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.


Adelphi Metals Quick Ratio vs Metals & Mining Industry

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

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


XCNQ:ADP
17GF Score
Adelphi Metals Inc XCNQ:ADP
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Adelphi Metals 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.

Adelphi Metals's Quick Ratio for the fiscal year that ended in Nov. 2025 is calculated as

Quick Ratio (A: Nov. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.021-0)/0.216
=0.10

Adelphi Metals's Quick Ratio for the quarter that ended in May. 2026 is calculated as

Quick Ratio (Q: May. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.204-0)/0.122
=1.67

* 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 1.67 mean?
Adelphi Metals (XCNQ:ADP) has a Quick Ratio of 1.67 as of May. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Adelphi Metals and its competitors. This is 35% above median its historical median of 1.24. Over the past decade, Adelphi Metals' Quick Ratio has ranged from 0.08 to 2.23. According to the industry distribution chart, Adelphi Metals ranks #1523 out of 2637 companies in the Metals & Mining industry, placing it in the top 57.8%.
Is Adelphi Metals' Quick Ratio too high?
Adelphi Metals' current Quick Ratio of 1.67 is 35% above median its 10-year median of 1.24. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 2.23. The Metals & Mining industry median Quick Ratio is 2.34. Adelphi Metals' value of 1.67 is 28.6% below this industry median. Based on the distribution chart, Adelphi Metals ranks #1523 out of 2637 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Adelphi Metals has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Adelphi Metals' Quick Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Adelphi Metals ranks #1523 out of 2637 companies for Quick Ratio. This places Adelphi Metals in the lower half of its industry. The industry median Quick Ratio is 2.34. Adelphi Metals' value of 1.67 is 28.6% below this benchmark. Historically, Adelphi Metals' own Quick Ratio has ranged from 0.08 to 2.23 over the past decade. While the company's 10-year median is 1.24 vs. the industry median of 2.34, Adelphi Metals 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 2.34, based on 2,637 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. Adelphi Metals's current Quick Ratio of 1.67 is 28.6% 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 Adelphi Metals and its competitors. For the Metals & Mining industry, the median Quick Ratio is 2.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adelphi Metals's current Quick Ratio is 1.67, which is 35% above median its own 10-year median of 1.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adelphi Metals stock overvalued right now?
Adelphi Metals (XCNQ:ADP) has a current Quick Ratio of 1.67. The current Quick Ratio is 1.67, which is 35% above median its 10-year median of 1.24 and 28.6% below the Metals & Mining industry median of 2.34. Adelphi Metals' overall GF Score™ is 17/100 with 1 warning sign 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 Adelphi Metals (XCNQ:ADP), the current Quick Ratio is 1.67 as of May. 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.

Adelphi Metals Business Description

Address 1240 - 789 West Pender Street, Vancouver, BC, CAN, V6C 1H2
Adelphi Metals Inc is a Canadian junior exploration company focused on advancing its flagship Triple R gold project in British Columbia, strategically positioned in one of North America's key mining jurisdictions.
17GF Score

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