Quick Ratio (Acid-Test): 2.54
Is the quick ratio (acid-test) high or low?
The quick ratio (acid-test) of 2.54 is 11% above its 5-year average of 2.29, around the middle of its 5-year range (1.51–3.03).
As of Sunday, June 28, 2026. 5.78% below its 12-month average of 2.70.
AG Quick Ratio
Reported quarterly quick ratio; no daily interpolation.
AG Average Quick Ratio (Acid-Test) Chart
AG Current vs Average Quick Ratio (Acid-Test) Chart
AG Quick Ratio (Acid-Test) Metrics
QUICK RATIO (ACID-TEST)
2.54
QUICK RATIO (ACID-TEST) AVG TTM
2.70
QUICK RATIO (ACID-TEST) AVG 3Y
2.38
QUICK RATIO (ACID-TEST) AVG 5Y
2.29
QUICK RATIO (ACID-TEST) AVG 10Y
2.64
QUICK RATIO (ACID-TEST) AVG 15Y
2.44
QUICK RATIO (ACID-TEST) AVG 20Y
2.19
CURRENT VS TTM AVG
-5.78%
CURRENT VS 3Y AVG
+6.94%
CURRENT VS 5Y AVG
+11.04%
CURRENT VS 10Y AVG
-3.64%
CURRENT VS 15Y AVG
+4.32%
CURRENT VS 20Y AVG
+16.04%
AG Competitors' Quick Ratio (Acid-Test)
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| First Majestic Silver Corp. (AG) | $8.34B | 2.54 | 2.70 | 2.38 | 2.29 |
| The Mosaic Company (MOS)vs › | $7.11B | 0.47 | 0.47 | 0.51 | 0.53 |
| MP Materials Corp. (MP)vs › | $9.60B | 6.67 | 6.15 | 8.63 | 11.27 |
| United States Steel Corporation (X)vs › | $12.42B | 0.91 | 1.06 | 1.20 | 1.12 |
| Avery Dennison Corporation (AVY)vs › | $12.68B | 0.76 | 0.76 | 0.70 | 0.73 |
| Solstice Advanced Materials Inc. (SOLS)vs › | $13.13B | 0.98 | 1.09 | 1.12 | 1.12 |
| Alcoa Corporation (AA)vs › | $14.25B | 0.87 | 0.86 | 0.85 | 0.92 |
| Lightwave Logic, Inc. (LWLG)vs › | $1.22B | 32.69 | 24.22 | 19.49 | 16.17 |
| Albemarle Corporation (ALB)vs › | $15.77B | 1.57 | 1.38 | 1.19 | 1.03 |
| CF Industries Holdings, Inc. (CF)vs › | $16.24B | 2.93 | 2.82 | 3.07 | 2.50 |
Liquidity Comparison
Quick Ratio
2.54
Excludes inventory
Current Ratio
2.60
Includes inventory
Quick Ratio (Acid-Test) Formula & Definition
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
Quick Ratio (Acid-Test) FAQ
- What is the quick ratio (acid-test) for First Majestic Silver Corp. (AG)?
- The quick ratio (acid-test) for AG stock is 2.54.
- Is First Majestic Silver Corp.'s quick ratio (acid-test) high or low?
- The quick ratio (acid-test) of 2.54 is 11% above its 5-year average of 2.29, around the middle of its 5-year range (1.51–3.03).
- What is the TTM average quick ratio (acid-test) for First Majestic Silver Corp. (AG)?
- The TTM average quick ratio (acid-test) for AG stock is 2.70.
- What is the 3Y average quick ratio (acid-test) for First Majestic Silver Corp. (AG)?
- The 3Y average quick ratio (acid-test) for AG stock is 2.38.
- What is the 5Y average quick ratio (acid-test) for First Majestic Silver Corp. (AG)?
- The 5Y average quick ratio (acid-test) for AG stock is 2.29.
- What is the 10Y average quick ratio (acid-test) for First Majestic Silver Corp. (AG)?
- The 10Y average quick ratio (acid-test) for AG stock is 2.64.
- What is the 15Y average quick ratio (acid-test) for First Majestic Silver Corp. (AG)?
- The 15Y average quick ratio (acid-test) for AG stock is 2.44.
- What is the 20Y average quick ratio (acid-test) for First Majestic Silver Corp. (AG)?
- The 20Y average quick ratio (acid-test) for AG stock is 2.19.
AG Quick Ratio (Acid-Test) History
| DATE | QUICK RATIO (ACID-TEST) |
|---|---|
| 2026-03-31 | 2.54 |
| 2025-12-31 | 2.41 |
| 2025-09-30 | 2.96 |
| 2025-06-30 | 2.84 |
| 2025-03-31 | 2.74 |
| 2024-12-31 | 2.12 |
| 2024-09-30 | 2.45 |
| 2024-06-30 | 2.44 |
| 2024-03-31 | 1.77 |
| 2023-12-31 | 2.04 |
| 2023-09-30 | 2.37 |
| 2023-06-30 | 2.43 |
| 2023-03-31 | 1.81 |
| 2022-12-31 | 1.83 |
| 2022-09-30 | 1.51 |
| 2022-06-30 | 1.98 |
| 2022-03-31 | 1.82 |
| 2021-12-31 | 1.95 |
| 2021-09-30 | 2.39 |
| 2021-06-30 | 2.69 |
| 2021-03-31 | 3.03 |
| 2020-12-31 | 3.18 |
| 2020-09-30 | 4.05 |
| 2020-06-30 | 1.90 |
| 2020-03-31 | 2.26 |
| 2019-12-31 | 2.96 |
| 2019-09-30 | 3.14 |
| 2019-06-30 | 2.66 |
| 2019-03-31 | 2.78 |
| 2018-12-31 | 2.30 |
| 2018-09-30 | 2.85 |
| 2018-06-30 | 2.74 |
| 2018-03-31 | 4.15 |
| 2017-12-31 | 2.79 |
| 2017-09-30 | 3.38 |
| 2017-06-30 | 3.66 |
| 2017-03-31 | 3.65 |
| 2016-12-31 | 3.23 |
| 2016-09-30 | 3.87 |
| 2016-06-30 | 2.93 |
| 2016-03-31 | 1.63 |
| 2015-12-31 | 0.93 |
| 2015-09-30 | 0.61 |
| 2015-06-30 | 0.77 |
| 2015-03-31 | 0.61 |
| 2014-12-31 | 0.74 |
| 2014-09-30 | 0.71 |
| 2014-06-30 | 1.30 |
| 2014-03-31 | 0.87 |
| 2013-12-31 | 1.08 |
| 2013-09-30 | 1.72 |
| 2013-06-30 | 1.74 |
| 2013-03-31 | 2.28 |
| 2012-12-31 | 2.61 |
| 2012-09-30 | 2.10 |
| 2012-06-30 | 3.19 |
| 2012-03-31 | 3.67 |
| 2011-12-31 | 4.41 |
| 2011-09-30 | 3.27 |
| 2011-06-30 | 3.53 |
| 2011-03-31 | 4.37 |
| 2010-12-31 | 3.83 |
| 2010-09-30 | 1.97 |
| 2010-06-30 | 1.46 |
| 2010-03-31 | 1.17 |
| 2009-12-31 | 1.06 |
| 2009-09-30 | 1.16 |
| 2009-06-30 | 0.97 |
| 2009-03-31 | 1.26 |
| 2008-12-31 | 0.83 |
| 2008-09-30 | 1.28 |
| 2008-06-30 | 1.62 |
| 2008-03-31 | 2.23 |
| 2007-12-31 | 0.93 |
| 2007-09-30 | 0.91 |
| 2007-06-30 | 1.27 |
| 2007-03-31 | 0.70 |
| 2006-09-30 | 0.65 |
| 2006-06-30 | 1.12 |
| 2006-03-31 | 13.81 |
| 2005-12-31 | 18.44 |
| 2005-09-30 | 6.97 |
| 2005-06-30 | 11.54 |
| 2005-03-31 | 3.62 |
| 2004-12-31 | 3.70 |
| 2004-09-30 | 3.46 |
| 2004-06-30 | 3.29 |
| 2004-03-31 | 11.60 |
| 2003-12-31 | 11.38 |
| 2003-09-30 | 8.60 |
| 2003-06-30 | 0.17 |
| 2003-03-31 | 0.37 |
| 2002-12-31 | 3.36 |
| 2002-09-30 | 41.98 |
| 2002-06-30 | 58.17 |
| 2002-03-31 | 4.26 |
Related Metrics
About First Majestic Silver Corp.
First Majestic Silver Corp. is a North American mining company dedicated to the exploration, acquisition, development, and operation of mineral properties, primarily concentrating on silver and gold output. The company fully owns and operates a portfolio of significant mining assets. In Mexico, these include the San Dimas Silver/Gold Mine (71,868 hectares in Durango and Sinaloa), the Santa Elena Silver/Gold Mine (102,244 hectares in Sonora), the La Encantada Silver Mine (4,076 hectares in Coahuila, complemented by 1,343 hectares of surface rights), the La Parrilla Silver Mine (69,478 hectares in Durango), the Del Toro Silver Mine (comprising 3,815 hectares of mining concessions and 219 hectares of surface rights in Zacatecas), the San Martin Silver Mine (12,795 hectares across 33 mining concessions in Jalisco), and the La Guitarra Silver Mine (39,714 hectares). Beyond Mexico, its holdings extend to the Jerritt Canyon gold mine, spanning approximately 30,821 hectares in Elko County, Nevada. Additionally, First Majestic maintains an interest in the Springpole project, a gold and silver prospect encompassing around 41,913 hectares in Ontario, Canada. Established in 1979, the firm initially operated as First Majestic Resource Corp. before adopting its current name, First Majestic Silver Corp., in November 2006. Its corporate headquarters are located in Vancouver, Canada.
- Sector
- Basic Materials
- Industry
- Silver
- CEO
- Keith N. Neumeyer