XPRCF (Xplore Resources) Quick Ratio: 0.50 (As of Mar. 2026) — 88% Below Median


What is Xplore Resources Quick Ratio?

Xplore Resources XPRCF -83.33% Quick Ratio is 0.50 as of Mar. 2026, which is 88% below its 10-year median of 4.34. The stock has 2 warning signs investors should review. Among 2,638 Metals & Mining companies, Xplore Resources ranks worse than 81.58% 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. Xplore Resources's quick ratio for the quarter that ended in Mar. 2026 was 0.50.

Xplore Resources has a quick ratio of 0.50. It indicates that the company cannot currently fully pay back its current liabilities.

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

XPRCF' s Quick Ratio Range Over the Past 10 Years
Min: 0.13   Med: 4.34   Max: 106.43
Current: 0.5

During the past 7 years, Xplore Resources's highest Quick Ratio was 106.43. The lowest was 0.13. And the median was 4.34.

XPRCF's Quick Ratio is ranked worse than
81.58% of 2638 companies
in the Metals & Mining industry
Industry Median: 2.32 vs XPRCF: 0.50

Xplore Resources  (OTCPK:XPRCF) 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.


Xplore Resources Quick Ratio Related Terms


Xplore Resources Quick Ratio Historical Data

* Premium members only.

The historical data trend for Xplore 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.

Xplore Resources Quick Ratio Chart

Xplore Resources Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Quick Ratio
Get a 7-Day Free Trial 19.44 5.34 2.20 5.66 1.23

Xplore 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 0.62 1.23 0.84 0.60 0.50

XPRCF vs HL: Quick Ratio Comparison

For the Other Precious Metals & Mining subindustry, Xplore 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.


Xplore Resources Quick Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Xplore Resources's Quick Ratio falls into.



Xplore 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.

Xplore Resources's Quick Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Quick Ratio (A: Jun. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.416-0)/0.339
=1.23

Xplore 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
=(0.199-0)/0.401
=0.50

* 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 0.50 mean?
Xplore Resources (XPRCF) has a Quick Ratio of 0.50 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Xplore Resources and its competitors. This is 88% below median its historical median of 4.34. Over the past decade, Xplore Resources' Quick Ratio has ranged from 0.13 to 106.43. According to the industry distribution chart, Xplore Resources ranks #2152 out of 2638 companies in the Metals & Mining industry, placing it in the top 81.6%.
Is Xplore Resources' Quick Ratio too high?
Xplore Resources' current Quick Ratio of 0.50 is 88% below median its 10-year median of 4.34. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 106.43. The Metals & Mining industry median Quick Ratio is 2.32. Xplore Resources' value of 0.50 is 78.4% below this industry median. Based on the distribution chart, Xplore Resources ranks #2152 out of 2638 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Xplore Resources' Quick Ratio compare to HL?
According to the Metals & Mining industry distribution chart, Xplore Resources ranks #2152 out of 2638 companies for Quick Ratio. This places Xplore Resources in the lower half of its industry. The industry median Quick Ratio is 2.32. Xplore Resources' value of 0.50 is 78.4% below this benchmark. Historically, Xplore Resources' own Quick Ratio has ranged from 0.13 to 106.43 over the past decade. While the company's 10-year median is 4.34 vs. the industry median of 2.32, Xplore 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. Xplore Resources's current Quick Ratio of 0.50 is 78.4% 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 Xplore 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. Xplore Resources's current Quick Ratio is 0.50, which is 88% below median its own 10-year median of 4.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xplore Resources stock overvalued right now?
Xplore Resources (XPRCF) has a current Quick Ratio of 0.50. The current Quick Ratio is 0.50, which is 88% below median its 10-year median of 4.34 and 78.4% below the Metals & Mining industry median of 2.32. 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 Xplore Resources (XPRCF), the current Quick Ratio is 0.50 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.

Xplore Resources Business Description

Other Exchanges XPLR:Canada
Address 200 Burrard Street, Suite 1615, Vancouver, BC, CAN, V6C 3L6
Xplore Resources Corp is a mining exploration company. It is engaged in the acquisition and exploration of mineral property assets located in Canada and Brazil. The company holds an interest in the Surge Root project, Perrigo Lake, Raggy Creek, Aerial Lake, and Cathy Creek properties among others.