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Wolverine Resources Corp   (WOLV)
Other Ticker:  
 
    Sector  Basic Materials    Industry Metal Mining
   Industry Metal Mining
   Sector  Basic Materials

Wolverine Resources 's Quick Ratio

WOLV's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth


In the wake of the increase in Current Liabilities in the third quarter 2024, Quick Ratio fell to 0.07 above Wolverine Resources Corp average.

Within Metal Mining industry only one company has achieved higher Quick Ratio in third quarter 2024. While Quick Ratio total ranking has improved so far during the III Quarter 2024 to 154, from total ranking in the first quarter 2023 at 385.

Explain Quick Ratio?
How much Cash & cash equivalents WOLV´s has?
What are WOLV´s Current Liabilities?


WOLV Quick Ratio (Feb 29 2024)
III. Quarter
(Aug 31 2023)
I. Quarter
(May 31 2023)
IV. Quarter
(Feb 28 2023)
III. Quarter
(Nov 30 2022)
II. Quarter
Y / Y Current Liabilities Change -32.67 % -32.43 % 16.13 % -84.87 % -69.93 %
Y / Y Cash & cash equivalent Change 104.14 % - -96.7 % -99.94 % -46.84 %
Quick Ratio MRQ 0.07 0.07 0 0 0.02
WOLV's Total Ranking # 154 # 385 # 4685 # 128 #
Seq. Current Liabilities Change 2.63 % -25.9 % 2.54 % -13.66 % 2.99 %
Seq. Cash & cash equivalent Change -5.21 % 2352.88 % 420 % -98.31 % -



Quick Ratio third quarter 2024 Company Ranking
Within: No.
Metal Mining Industry # 2
Basic Materials Sector # 11
Overall Market # 154


Quick Ratio Statistics
High Average Low
0.88 0.05 0
(May 31 2015)   (Nov 30 2014)




Financial Statements
Wolverine Resources 's Current Liabilities $ 0 Millions Visit WOLV's Balance sheet
Wolverine Resources 's Cash & cash equivalent $ 0 Millions Visit WOLV's Balance sheet
Source of WOLV's Sales Visit WOLV's Sales by Geography


Cumulative Wolverine Resources 's Quick Ratio

WOLV's Quick Ratio for the trailling 12 Months

WOLV Quick Ratio

(Feb 29 2024)
III. Quarter
(Aug 31 2023)
I. Quarter
(May 31 2023)
IV. Quarter
(Feb 28 2023)
III. Quarter
(Nov 30 2022)
II. Quarter
Y / Y Current Liabilities TTM Growth -32.67 % -32.43 % 16.13 % -84.87 % -69.93 %
Y / Y Cash & cash equivalent TTM Growth 104.14 % - -96.7 % -99.94 % -46.84 %
Quick Ratio TTM 0.03 0.02 0.01 0.02 0.08
Total Ranking TTM # 61 # 4147 # 750 # 115 #
Seq. Current Liabilities TTM Growth 2.63 % -25.9 % 2.54 % -13.66 % 2.99 %
Seq. Cash & cash equivalent TTM Growth -5.21 % 2352.88 % 420 % -98.31 % -


On the trailing twelve months basis WOLV Cash & cash equivalent more than doubled by 104.14 % in III Quarter 2024 year on year, while Current Liabilities rose to $0 millions, this led to increase in in Wolverine Resources 's Quick Ratio to 0.03, Quick Ratio remained below WOLV average.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Metal Mining industry just one company has achieved higher Quick Ratio during the twelve months ending in the Feb 29 2024. While Quick Ratio overall ranking has improved so far to 61, from total ranking during the twelve months ending first quarter 2023 at 4147.

Explain Quick Ratio?
How much Cash & cash equivalents WOLV´s has?
What are WOLV´s Current Liabilities?

TTM Quick Ratio Company Ranking
Within: No.
Within the Metal Mining Industry # 2
Basic Materials Sector # 11
Within the Market # 61


trailing twelve months Quick Ratio Statistics
High Average Low
0.88 0.05 0
(May 31 2015)   (Nov 30 2014)




Companies with similar Quick Ratio in the quarter ending Feb 29 2024, within Metal Mining Industry Quick RatioFeb 29 2024 MRQ Cash & cash equivalentFeb 29 2024 MRQ Current Liabilities
Verde Resources Inc   0.17 $ 0.266  Millions$ 1.549  Millions
Tmc The Metals Company Inc   0.11 $ 3.991  Millions$ 36.470  Millions
Lithium Corporation  0.10 $ 0.228  Millions$ 2.250  Millions
Lode star Mining Inc   0.10 $ 0.002  Millions$ 0.019  Millions
Wolverine Resources Corp   0.07 $ 0.005  Millions$ 0.072  Millions
Niocorp Developments Ltd   0.03 $ 0.229  Millions$ 9.133  Millions

Date modified: 2024-04-17T09:10:44+00:00



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