Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the quick ratio (acid-test) high or low?
The quick ratio (acid-test) of 2.89 is in line with its 5-year average of 2.67, around the middle of its 5-year range (0.67–5.57).
As of the fiscal period ended Tuesday, September 30, 2025. 1.25% above its 12-month average of 2.86.
Reported quarterly quick ratio; no daily interpolation. Q4 FY2025 (2025-09-30): 2.89.
QUICK RATIO (ACID-TEST)
2.89
QUICK RATIO (ACID-TEST) AVG TTM
2.86
QUICK RATIO (ACID-TEST) AVG 3Y
3.57
QUICK RATIO (ACID-TEST) AVG 5Y
2.67
QUICK RATIO (ACID-TEST) AVG 10Y
2.15
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
+1.25%
CURRENT VS 3Y AVG
-19.02%
CURRENT VS 5Y AVG
+8.27%
CURRENT VS 10Y AVG
+34.29%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · BASIC MATERIALS
1.48
median of 131 covered companies
CURRENT VS SECTOR MEDIAN
+95.44%
vs the sector median at left
Antelope Enterprise Holdings Limited
Market Cap
$11.30M
Quick Ratio (Acid-Test)
2.89
TTM Avg
2.86
3Y Avg
3.57
5Y Avg
2.67
Market Cap
$10.31M
Quick Ratio (Acid-Test)
2.17
TTM Avg
2.52
3Y Avg
1.75
5Y Avg
1.99
Market Cap
$9.82M
Quick Ratio (Acid-Test)
0.23
TTM Avg
0.41
3Y Avg
0.38
5Y Avg
0.33
Market Cap
$9.66M
Quick Ratio (Acid-Test)
1.47
TTM Avg
2.04
3Y Avg
2.00
5Y Avg
1.62
Market Cap
$8.27M
Quick Ratio (Acid-Test)
0.19
TTM Avg
0.11
3Y Avg
0.32
5Y Avg
2.81
Market Cap
$7.45M
Quick Ratio (Acid-Test)
2.19
TTM Avg
0.37
3Y Avg
0.37
5Y Avg
1.67
Market Cap
$7.00M
Quick Ratio (Acid-Test)
1.31
TTM Avg
1.67
3Y Avg
1.71
5Y Avg
1.52
Market Cap
$6.47M
Quick Ratio (Acid-Test)
1.43
TTM Avg
1.79
3Y Avg
1.10
5Y Avg
0.88
Market Cap
$16.69M
Quick Ratio (Acid-Test)
0.68
TTM Avg
1.97
3Y Avg
2.05
5Y Avg
2.26
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Antelope Enterprise Holdings Limited (AEHL) | $11.30M | 2.89 | 2.86 | 3.57 | 2.67 |
| Jewett-Cameron Trading Company Ltd. (JCTC)vs › | $10.31M | 2.17 | 2.52 | 1.75 | 1.99 |
| Origin Agritech Limited (SEED)vs › | $9.82M | 0.23 | 0.41 | 0.38 | 0.33 |
| Huadi International Group Co., Ltd. (HUDI)vs › | $9.66M | 1.47 | 2.04 | 2.00 | 1.62 |
| Blue Gold Limited (BGL)vs › | $8.27M | 0.19 | 0.11 | 0.32 | 2.81 |
| Atlas Critical Minerals Corporation (ATCX)vs › | $7.45M | 2.19 | 0.37 | 0.37 | 1.67 |
| Bon Natural Life Limited (BON)vs › | $7.00M | 1.31 | 1.67 | 1.71 | 1.52 |
| Foremost Clean Energy Ltd. (FMST)vs › | $6.47M | 1.43 | 1.79 | 1.10 | 0.88 |
| Mercer International Inc. (MERC)vs › | $16.69M | 0.68 | 1.97 | 2.05 | 2.26 |
| China Natural Resources, Inc. (CHNR)vs › | $4.92M | 0.12 | 0.18 | 0.86 | 1.47 |
Quick Ratio
2.89
Excludes inventory
Current Ratio
2.89
Includes inventory
Quick Ratio = (Current Assets − Inventory) / Current Liabilities
The quick ratio is a stricter liquidity measure that excludes inventory, showing the ability to meet short-term obligations with the most liquid assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | QUICK RATIO (ACID-TEST) |
|---|---|
| 2025-09-30 | 2.89 |
| 2025-06-30 | 3.16 |
| 2024-12-31 | 2.52 |
| 2024-06-30 | 2.59 |
| 2023-12-31 | 2.88 |
| 2023-06-30 | 5.39 |
| 2022-12-31 | 5.57 |
| 2022-06-30 | 0.67 |
| 2021-12-31 | 1.06 |
| 2021-06-30 | 1.24 |
| 2020-12-31 | 1.41 |
| 2020-06-30 | 0.61 |
| 2019-12-31 | 2.20 |
| 2019-06-30 | 0.93 |
| 2018-12-31 | 2.63 |
| 2018-06-30 | 3.20 |
| 2017-12-31 | 4.11 |
| 2017-06-30 | 0.00 |
| 2016-12-31 | 0.00 |
| 2016-06-30 | 0.00 |
