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North Valley ResourcesXCNQ:NVR 31 Quick Ratio is 1.17 as of Mar. 2026, which is 63% below its 10-year median of 3.14. GuruFocus rates XCNQ:NVR with a GF Score™ of 31/100. The stock has 1 warning sign investors should review. Among 2,638 Metals & Mining companies, North Valley Resources ranks worse than 66.15% on this metric.
North Valley Resources (XCNQ:NVR) 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.
North Valley Resources Quick Ratio Related Terms
North Valley Resources Quick Ratio Historical Data
* 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 Other Precious Metals & Mining subindustry, North Valley 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.
North Valley Resources Quick Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, North Valley Resources's Quick Ratio distribution charts can be found below:
* The bar in red indicates where North Valley Resources'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.
North Valley Resources's Quick Ratio for the fiscal year that ended in Sep. 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.
North Valley Resources (XCNQ:NVR) has a Quick Ratio of 1.17 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on North Valley Resources and its competitors. This is 63% below median its historical median of 3.14. Over the past decade, North Valley Resources' Quick Ratio has ranged from 0.16 to 16.75. According to the industry distribution chart, North Valley Resources ranks #1745 out of 2638 companies in the Metals & Mining industry, placing it in the top 66.1%.
Is North Valley Resources' Quick Ratio too high?
North Valley Resources' current Quick Ratio of 1.17 is 63% below median its 10-year median of 3.14. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 16.75. The Metals & Mining industry median Quick Ratio is 2.35. North Valley Resources' value of 1.17 is 50.1% below this industry median. Based on the distribution chart, North Valley Resources ranks #1745 out of 2638 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, North Valley Resources has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does North Valley Resources' Quick Ratio compare to HL?
According to the Metals & Mining industry distribution chart, North Valley Resources ranks #1745 out of 2638 companies for Quick Ratio. This places North Valley Resources in the lower half of its industry. The industry median Quick Ratio is 2.35. North Valley Resources' value of 1.17 is 50.1% below this benchmark. Historically, North Valley Resources' own Quick Ratio has ranged from 0.16 to 16.75 over the past decade. While the company's 10-year median is 3.14 vs. the industry median of 2.35, North Valley 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 2.35, 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. North Valley Resources's current Quick Ratio of 1.17 is 50.1% 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 North Valley Resources and its competitors. For the Metals & Mining industry, the median Quick Ratio is 2.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. North Valley Resources's current Quick Ratio is 1.17, which is 63% below median its own 10-year median of 3.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North Valley Resources stock overvalued right now?
North Valley Resources (XCNQ:NVR) has a current Quick Ratio of 1.17. The current Quick Ratio is 1.17, which is 63% below median its 10-year median of 3.14 and 50.1% below the Metals & Mining industry median of 2.35. North Valley Resources' overall GF Score™ is 31/100 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 North Valley Resources (XCNQ:NVR), the current Quick Ratio is 1.17 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.
North Valley Resources Ltd is a mineral exploration company focused on the acquisition, exploration and development of mineral properties. It specializes in the exploration of copper and gold properties in the Nicola and Kamloops mining districts, using modern exploration technologies. The company's flagship project is the Comstock Gold-Copper property located in British Columbia, Canada.
31GF Score
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