APA Corporation (APA) Quick Ratio (Acid-Test): 0.69
Is APA Corporation’s quick ratio (acid-test) high or low?
APA Corporation's quick ratio (acid-test) of 0.69 is 21% below its 5-year average of 0.88, near the low end of its 5-year range (0.69–1.04).
As of Wednesday, June 24, 2026. 18.82% below its 12-month average of 0.85.
APA Quick Ratio (Acid-Test) Chart
Reported annual fiscal-period values; no daily interpolation.
APA Average Quick Ratio (Acid-Test) Chart
APA Current vs Average Quick Ratio (Acid-Test) Chart
APA Quick Ratio (Acid-Test) Metrics
QUICK RATIO (ACID-TEST)
0.69
QUICK RATIO (ACID-TEST) AVG TTM
0.85
QUICK RATIO (ACID-TEST) AVG 3Y
0.83
QUICK RATIO (ACID-TEST) AVG 5Y
0.88
QUICK RATIO (ACID-TEST) AVG 10Y
1.06
QUICK RATIO (ACID-TEST) AVG 15Y
1.05
QUICK RATIO (ACID-TEST) AVG 20Y
1.06
CURRENT VS TTM AVG
-18.82%
CURRENT VS 3Y AVG
-16.87%
CURRENT VS 5Y AVG
-21.29%
CURRENT VS 10Y AVG
-34.74%
CURRENT VS 15Y AVG
-34.09%
CURRENT VS 20Y AVG
-34.93%
APA Competitors' Quick Ratio (Acid-Test)
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| APA Corporation (APA) | $12.10B | 0.69 | 0.85 | 0.83 | 0.88 |
| Antero Midstream Corporation (AM)vs › | $10.52B | 3.41 | 2.29 | 1.60 | 1.36 |
| Weatherford International plc (WFRD)vs › | $6.43B | 1.65 | 1.57 | 1.53 | 1.60 |
| Enphase Energy, Inc. (ENPH)vs › | $6.22B | 1.84 | 2.56 | 3.15 | 2.91 |
| California Resources Corp (CRC)vs › | $4.70B | 0.79 | 0.87 | 1.01 | 0.90 |
| Helmerich & Payne, Inc. (HP)vs › | $3.56B | 1.40 | 1.90 | 2.06 | 2.32 |
| Centrus Energy Corp. (LEU)vs › | $3.24B | 4.83 | 3.55 | 2.19 | 1.77 |
| Expand Energy Corporation (EXE)vs › | $21.20B | 1.01 | 0.82 | 1.16 | 0.98 |
| Array Technologies, Inc. (ARRY)vs › | $1.22B | 1.91 | 1.86 | 1.76 | 1.76 |
| Emeren Group, Ltd. (SOL)vs › | $995.64M | 3.86 | 3.92 | 5.36 | 3.99 |
Liquidity Comparison
Quick Ratio
0.69
Excludes inventory
Current Ratio
0.82
Includes inventory
APA Corporation 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
APA Corporation Quick Ratio (Acid-Test) FAQ
- What is the quick ratio (acid-test) for APA Corporation (APA)?
- The quick ratio (acid-test) for APA stock is 0.69.
- Is APA Corporation's quick ratio (acid-test) high or low?
- APA Corporation's quick ratio (acid-test) of 0.69 is 21% below its 5-year average of 0.88, near the low end of its 5-year range (0.69–1.04).
- What is the TTM average quick ratio (acid-test) for APA Corporation (APA)?
- The TTM average quick ratio (acid-test) for APA stock is 0.85.
- What is the 3Y average quick ratio (acid-test) for APA Corporation (APA)?
- The 3Y average quick ratio (acid-test) for APA stock is 0.83.
- What is the 5Y average quick ratio (acid-test) for APA Corporation (APA)?
- The 5Y average quick ratio (acid-test) for APA stock is 0.88.
- What is the 10Y average quick ratio (acid-test) for APA Corporation (APA)?
- The 10Y average quick ratio (acid-test) for APA stock is 1.06.
- What is the 15Y average quick ratio (acid-test) for APA Corporation (APA)?
- The 15Y average quick ratio (acid-test) for APA stock is 1.05.
- What is the 20Y average quick ratio (acid-test) for APA Corporation (APA)?
- The 20Y average quick ratio (acid-test) for APA stock is 1.06.
APA Corporation Quick Ratio (Acid-Test) History
| DATE | QUICK RATIO (ACID-TEST) |
|---|---|
| 2025-12-31 | 0.69 |
| 2024-12-31 | 1.01 |
| 2023-12-31 | 0.84 |
| 2022-12-31 | 0.78 |
| 2021-12-31 | 0.90 |
| 2020-12-31 | 1.04 |
| 2019-12-31 | 0.79 |
| 2018-12-31 | 1.04 |
| 2017-12-31 | 1.31 |
| 2016-12-31 | 1.50 |
| 2015-12-31 | 1.73 |
| 2014-12-31 | 1.56 |
| 2013-12-31 | 1.16 |
| 2012-12-31 | 0.73 |
| 2011-12-31 | 0.84 |
| 2010-12-31 | 0.83 |
| 2009-12-31 | 1.69 |
| 2008-12-31 | 1.51 |
| 2007-12-31 | 0.86 |
| 2006-12-31 | 0.57 |
| 2005-12-31 | 0.89 |
| 2004-12-31 | 0.93 |
| 2003-12-31 | 0.94 |
| 2002-12-31 | 1.24 |
| 2001-12-31 | 1.14 |
| 2000-12-31 | 1.04 |
| 1999-12-31 | 0.88 |
| 1998-12-31 | 0.61 |
| 1997-12-31 | 0.91 |
| 1996-12-31 | 0.82 |
Related Metrics
About APA Corporation
APA Corporation operates in the upstream segment of the oil and natural gas industry, utilizing its various subsidiaries to explore for, develop, and produce hydrocarbon assets. The company maintains significant operational presences in the United States, Egypt, and the United Kingdom, while also conducting exploration activities offshore Suriname. Furthermore, APA Corporation manages critical gathering, processing, and transmission infrastructure within West Texas and holds ownership interests in four major pipelines connecting the Permian Basin to the Gulf Coast. Established in 1954, the company is headquartered in Houston, Texas.
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- CEO
- John J. Christmann