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 0.84 is 11% below its 5-year average of 0.94, near the low end of its 5-year range (0.58–3.41).
As of the fiscal period ended Tuesday, June 30, 2026. 44.03% below its 12-month average of 1.50.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.84
QUICK RATIO (ACID-TEST) AVG TTM
1.50
QUICK RATIO (ACID-TEST) AVG 3Y
1.06
QUICK RATIO (ACID-TEST) AVG 5Y
0.94
QUICK RATIO (ACID-TEST) AVG 10Y
0.88
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-44.03%
CURRENT VS 3Y AVG
-20.52%
CURRENT VS 5Y AVG
-10.56%
CURRENT VS 10Y AVG
-3.99%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
1.07
median of 49 covered companies
CURRENT VS SECTOR MEDIAN
-21.29%
vs the sector median at left
Antero Midstream Corporation
Market Cap
$10.87B
Quick Ratio (Acid-Test)
0.84
TTM Avg
1.50
3Y Avg
1.06
5Y Avg
0.94
Market Cap
$6.72B
Quick Ratio (Acid-Test)
1.77
TTM Avg
1.57
3Y Avg
1.53
5Y Avg
1.60
Market Cap
$5.13B
Quick Ratio (Acid-Test)
2.95
TTM Avg
2.56
3Y Avg
3.15
5Y Avg
2.91
Market Cap
$5.04B
Quick Ratio (Acid-Test)
1.90
TTM Avg
1.73
3Y Avg
1.73
5Y Avg
1.89
Market Cap
$4.93B
Quick Ratio (Acid-Test)
0.66
TTM Avg
0.87
3Y Avg
1.01
5Y Avg
0.90
Market Cap
$4.37B
Quick Ratio (Acid-Test)
1.55
TTM Avg
1.90
3Y Avg
2.06
5Y Avg
2.32
Market Cap
$3.52B
Quick Ratio (Acid-Test)
4.52
TTM Avg
3.55
3Y Avg
2.19
5Y Avg
1.77
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Antero Midstream Corporation (AM) | $10.87B | 0.84 | 1.50 | 1.06 | 0.94 |
| Nextpower Inc. (NXT)vs › | $12.96B | 2.46 | 2.03 | 1.77 | 1.57 |
| Weatherford International plc (WFRD)vs › | $6.72B | 1.77 | 1.57 | 1.53 | 1.60 |
| APA Corporation (APA)vs › | $15.39B | 0.79 | 0.85 | 0.83 | 0.88 |
| Enphase Energy, Inc. (ENPH)vs › | $5.13B | 2.95 | 2.56 | 3.15 | 2.91 |
| Oceaneering International, Inc. (OII)vs › | $5.04B | 1.90 | 1.73 | 1.73 | 1.89 |
| California Resources Corp (CRC)vs › | $4.93B | 0.66 | 0.87 | 1.01 | 0.90 |
| Helmerich & Payne, Inc. (HP)vs › | $4.37B | 1.55 | 1.90 | 2.06 | 2.32 |
| Centrus Energy Corp. (LEU)vs › | $3.52B | 4.52 | 3.55 | 2.19 | 1.77 |
| SolarEdge Technologies, Inc. (SEDG)vs › | $2.22B | 1.38 | 1.41 | 1.83 | 2.17 |
Quick Ratio
0.84
Excludes inventory
Current Ratio
0.84
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) |
|---|---|
| 2026-06-30 | 0.84 |
| 2026-03-31 | 0.99 |
| 2025-12-31 | 3.41 |
| 2025-09-30 | 1.26 |
| 2025-06-30 | 1.03 |
| 2025-03-31 | 1.42 |
| 2024-12-31 | 1.17 |
| 2024-09-30 | 1.09 |
| 2024-06-30 | 0.89 |
| 2024-03-31 | 1.25 |
| 2023-12-31 | 0.95 |
| 2023-09-30 | 0.86 |
| 2023-06-30 | 0.97 |
| 2023-03-31 | 1.02 |
| 2022-12-31 | 0.87 |
| 2022-09-30 | 0.76 |
| 2022-06-30 | 0.62 |
| 2022-03-31 | 0.58 |
| 2021-12-31 | 0.74 |
| 2021-09-30 | 0.74 |
| 2021-06-30 | 0.78 |
| 2021-03-31 | 1.14 |
| 2020-12-31 | 1.00 |
| 2020-09-30 | 1.76 |
| 2020-06-30 | 1.03 |
| 2020-03-31 | 1.81 |
| 2019-12-31 | 0.45 |
| 2019-09-30 | 0.42 |
| 2019-06-30 | 0.49 |
| 2019-03-31 | 0.99 |
| 2018-12-31 | 0.17 |
| 2018-09-30 | 0.31 |
| 2018-06-30 | 0.44 |
| 2018-03-31 | 0.70 |
| 2017-12-31 | 0.42 |
| 2017-09-30 | 0.26 |
| 2017-06-30 | 2.24 |
| 2017-03-31 | 1.28 |
| 2016-12-31 | 1.41 |
| 2016-09-30 | 1.28 |
| 2016-06-30 | 0.00 |
| 2016-03-31 | 0.00 |
| 2015-12-31 | 0.63 |