0 results available. Select is focused ,type to refine list, press Down to open the menu,
Galiano Gold Inc. is a mining, development, and exploration company. It owns a 90% interest in the Asanko Gold Mine located on the Asankrangwa Gold Belt in the Republic of Ghana, West Africa. The comp...
The following section summarizes insights on Galiano Gold Inc's Quick Ratio:
To view the full list of supported financial metrics please see Complete Metrics Listing.
Metrics similar to Quick Ratio in the risk category include:
A ratio used to assess a company's short-term liquidity.
Quick Ratio or acid-test or liquidity ratio measures the ability of a company to use its near cash or quick assets to extinguish or retire its current liabilities immediately. Quick Ratio is defined as:
(Cash & ST Investments
(+) Accounts Receivable)
(/) Current Liabilities
(=) Quick Ratio
Quick Ratio for Galiano Gold is calculated as follows:
(Cash & ST Investments [ 152.1 M ]
(+) Accounts Receivable [ 149.52 T ]
(/) Current Liabilities [ 159.3 M ]
(=) Quick Ratio [ 1.0x ]
The tables below summarizes the trend in Galiano Gold’s quick ratio over the last five years:
| Fiscal Year | Cash & ST Investments | Accounts Receivable | Current Liabilities | Quick Ratio |
|---|---|---|---|---|
| 2020-12-31 | 79.082 M | NA | 4.604 M | 17.2x |
| 2021-12-31 | 67.679 M | NA | 3.342 M | 20.3x |
| 2022-12-31 | 75.971 M | NA | 7.858 M | 9.7x |
| 2023-12-31 | 73.231 M | NA | 15.884 M | 4.6x |
| 2024-12-31 | 152.1 M | 149.52 T | 159.3 M | 1.0x |
The tables below summarizes the trend in Galiano Gold’s quick ratio over the last four quarters:
| Fiscal Year | Cash & ST Investments | Accounts Receivable | Current Liabilities | Quick Ratio |
|---|---|---|---|---|
| 2024-03-31 | 177.2 M | 7.89 M | 99.093 M | 1.9x |
| 2024-06-30 | 168.3 M | 12.406 M | 107.8 M | 1.7x |
| 2024-09-30 | 163.5 M | 8.328 M | 124.4 M | 1.4x |
| 2024-12-31 | 152.1 M | 149.52 T | 159.3 M | 1.0x |
Read more on Wikipedia: Quick Ratio