Steep Hill (XCNQ:STPH) Quick Ratio: 13.50 (As of Dec. 2025) — 398% Above Median

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What is Steep Hill Quick Ratio?

Steep Hill XCNQ:STPH Quick Ratio is 13.50 as of Dec. 2025, which is 398% above its 10-year median of 2.71. The stock has 1 warning sign investors should review.

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. Steep Hill's quick ratio for the quarter that ended in Dec. 2025 was 13.50.

Steep Hill has a quick ratio of 13.50. It generally indicates good short-term financial strength.

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

XCNQ:STPH' s Quick Ratio Range Over the Past 10 Years
Min: 1.2   Med: 2.71   Max: 13.5
Current: 13.5

During the past 7 years, Steep Hill's highest Quick Ratio was 13.50. The lowest was 1.20. And the median was 2.71.

XCNQ:STPH's Quick Ratio is not ranked
in the Drug Manufacturers industry.
Industry Median: 1.43 vs XCNQ:STPH: 13.50

Steep Hill  (XCNQ:STPH) 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.


Steep Hill Quick Ratio Related Terms


Steep Hill Quick Ratio Historical Data

* Premium members only.

The historical data trend for Steep Hill'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.

Steep Hill Quick Ratio Chart

Steep Hill Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial 2.28 1.20 2.48 8.79 13.50

Steep Hill Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 8.79 13.60 15.78 12.82 13.50

XCNQ:STPH vs ZTS, UTHR: Quick Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Steep Hill'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.


Steep Hill Quick Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Steep Hill's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Steep Hill's Quick Ratio falls into.



Steep Hill 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.

Steep Hill'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
=(1.984-0)/0.147
=13.50

Steep Hill's Quick Ratio for the quarter that ended in Dec. 2025 is calculated as

Quick Ratio (Q: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1.984-0)/0.147
=13.50

* 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 13.50 mean?
Steep Hill (XCNQ:STPH) has a Quick Ratio of 13.50 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Steep Hill and its competitors. This is 398% above median its historical median of 2.71. Over the past decade, Steep Hill's Quick Ratio has ranged from 1.20 to 13.50.
Is Steep Hill's Quick Ratio too high?
Steep Hill's current Quick Ratio of 13.50 is 398% above median its 10-year median of 2.71. Over the past 10 years, this metric has ranged from a low of 1.20 to a high of 13.50. The Drug Manufacturers industry median Quick Ratio is 1.43. Steep Hill's value of 13.50 is 844.1% above this industry median.
How does Steep Hill's Quick Ratio compare to ZTS and UTHR?
Steep Hill's Quick Ratio of 13.50 can be compared against companies in the Drug Manufacturers industry. The industry median Quick Ratio is 1.43. Steep Hill's value of 13.50 is 844.1% above this benchmark. Historically, Steep Hill's own Quick Ratio has ranged from 1.20 to 13.50 over the past decade. While the company's 10-year median is 2.71 vs. the industry median of 1.43, Steep Hill 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 Drug Manufacturers company?
The median Quick Ratio among Drug Manufacturers companies is 1.43, based on 995 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. Steep Hill's current Quick Ratio of 13.50 is 844.1% 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 Steep Hill and its competitors. For the Drug Manufacturers industry, the median Quick Ratio is 1.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Steep Hill's current Quick Ratio is 13.50, which is 398% above median its own 10-year median of 2.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steep Hill stock overvalued right now?
Steep Hill (XCNQ:STPH) has a current Quick Ratio of 13.50. The current Quick Ratio is 13.50, which is 398% above median its 10-year median of 2.71 and 844.1% above the Drug Manufacturers industry median of 1.43. 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 Steep Hill (XCNQ:STPH), the current Quick Ratio is 13.50 as of Dec. 2025. 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.

Steep Hill Business Description

Address 120 Adelaide Street West, Suite 2500, Toronto, ON, CAN, M5H 1T1
Steep Hill Inc is a science and technology health and wellness company focused on the hemp markets inclusive of plant-based, psychedelic pharmaceutical and non-psychedelic nutraceutical, and hemp cannabinoids (CBD) verticals. Currently the company, through its subsidiaries holds three industrial hemp licences for the purposes of supplying the market with medicinal and wellness cannabidiol and other cannabinoid-based products.