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 0.78 is 13% below its 5-year average of 0.90, near the low end of its 5-year range (0.63–1.39).
As of the fiscal period ended Tuesday, March 31, 2026. 11.58% above its 12-month average of 0.70.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.78
QUICK RATIO (ACID-TEST) AVG TTM
0.70
QUICK RATIO (ACID-TEST) AVG 3Y
0.83
QUICK RATIO (ACID-TEST) AVG 5Y
0.85
QUICK RATIO (ACID-TEST) AVG 10Y
1.04
QUICK RATIO (ACID-TEST) AVG 15Y
1.03
QUICK RATIO (ACID-TEST) AVG 20Y
1.07
CURRENT VS TTM AVG
+11.58%
CURRENT VS 3Y AVG
-5.81%
CURRENT VS 5Y AVG
-8.14%
CURRENT VS 10Y AVG
-24.64%
CURRENT VS 15Y AVG
-24.07%
CURRENT VS 20Y AVG
-26.93%
SECTOR MEDIAN · ENERGY
1.00
median of 33 covered companies
CURRENT VS SECTOR MEDIAN
-21.52%
vs the sector median at left
APA Corporation
Market Cap
$13.30B
Quick Ratio (Acid-Test)
0.78
TTM Avg
0.70
3Y Avg
0.83
5Y Avg
0.85
Market Cap
$10.10B
Quick Ratio (Acid-Test)
N/A
TTM Avg
2.29
3Y Avg
1.60
5Y Avg
1.36
Market Cap
$6.22B
Quick Ratio (Acid-Test)
1.77
TTM Avg
1.57
3Y Avg
1.53
5Y Avg
1.60
Market Cap
$5.53B
Quick Ratio (Acid-Test)
2.95
TTM Avg
2.56
3Y Avg
3.15
5Y Avg
2.91
Market Cap
$21.49B
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.82
3Y Avg
1.16
5Y Avg
0.98
Market Cap
$4.62B
Quick Ratio (Acid-Test)
0.47
TTM Avg
0.87
3Y Avg
1.01
5Y Avg
0.90
Market Cap
$3.71B
Quick Ratio (Acid-Test)
1.55
TTM Avg
1.90
3Y Avg
2.06
5Y Avg
2.32
Market Cap
$3.63B
Quick Ratio (Acid-Test)
4.52
TTM Avg
3.55
3Y Avg
2.19
5Y Avg
1.77
Market Cap
$23.50B
Quick Ratio (Acid-Test)
N/A
TTM Avg
6.37
3Y Avg
8.91
5Y Avg
7.91
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| APA Corporation (APA) | $13.30B | 0.78 | 0.70 | 0.83 | 0.85 |
| Antero Midstream Corporation (AM)vs › | $10.10B | N/A | 2.29 | 1.60 | 1.36 |
| Weatherford International plc (WFRD)vs › | $6.22B | 1.77 | 1.57 | 1.53 | 1.60 |
| Enphase Energy, Inc. (ENPH)vs › | $5.53B | 2.95 | 2.56 | 3.15 | 2.91 |
| Expand Energy Corporation (EXE)vs › | $21.49B | N/A | 0.82 | 1.16 | 0.98 |
| California Resources Corp (CRC)vs › | $4.62B | 0.47 | 0.87 | 1.01 | 0.90 |
| Helmerich & Payne, Inc. (HP)vs › | $3.71B | 1.55 | 1.90 | 2.06 | 2.32 |
| Centrus Energy Corp. (LEU)vs › | $3.63B | 4.52 | 3.55 | 2.19 | 1.77 |
| Texas Pacific Land Corporation (TPL)vs › | $23.50B | N/A | 6.37 | 8.91 | 7.91 |
| SolarEdge Technologies, Inc. (SEDG)vs › | $1.93B | 1.38 | 1.41 | 1.83 | 2.17 |
Quick Ratio
0.78
Excludes inventory
Current Ratio
0.92
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) |
|---|---|
| 2026-03-31 | 0.78 |
| 2025-12-31 | 0.69 |
| 2025-09-30 | 0.63 |
| 2025-06-30 | 0.67 |
| 2025-03-31 | 0.74 |
| 2024-12-31 | 1.01 |
| 2024-09-30 | 1.07 |
| 2024-06-30 | 0.85 |
| 2024-03-31 | 0.95 |
| 2023-12-31 | 0.84 |
| 2023-09-30 | 0.89 |
| 2023-06-30 | 0.80 |
| 2023-03-31 | 0.91 |
| 2022-12-31 | 0.78 |
| 2022-09-30 | 0.89 |
| 2022-06-30 | 0.93 |
| 2022-03-31 | 0.98 |
| 2021-12-31 | 0.90 |
| 2021-09-30 | 0.93 |
| 2021-06-30 | 1.39 |
| 2021-03-31 | 1.38 |
| 2020-12-31 | 1.04 |
| 2020-09-30 | 0.88 |
| 2020-06-30 | 0.69 |
| 2020-03-31 | 0.72 |
| 2019-12-31 | 0.79 |
| 2019-09-30 | 0.78 |
| 2019-06-30 | 1.03 |
| 2019-03-31 | 0.87 |
| 2018-12-31 | 1.04 |
| 2018-09-30 | 1.10 |
| 2018-06-30 | 1.20 |
| 2018-03-31 | 1.22 |
| 2017-12-31 | 1.31 |
| 2017-09-30 | 1.37 |
| 2017-06-30 | 1.47 |
| 2017-03-31 | 1.57 |
| 2016-12-31 | 1.50 |
| 2016-09-30 | 1.69 |
| 2016-06-30 | 1.76 |
| 2016-03-31 | 1.67 |
| 2015-12-31 | 1.73 |
| 2015-09-30 | 1.57 |
| 2015-06-30 | 2.04 |
| 2015-03-31 | 0.95 |
| 2014-12-31 | 1.56 |
| 2014-09-30 | 0.86 |
| 2014-06-30 | 0.95 |
| 2014-03-31 | 1.09 |
| 2013-12-31 | 1.16 |
| 2013-09-30 | 1.13 |
| 2013-06-30 | 0.73 |
| 2013-03-31 | 0.71 |
| 2012-12-31 | 0.73 |
| 2012-09-30 | 0.79 |
| 2012-06-30 | 0.76 |
| 2012-03-31 | 0.93 |
| 2011-12-31 | 0.84 |
| 2011-09-30 | 1.00 |
| 2011-06-30 | 0.95 |
| 2011-03-31 | 0.86 |
| 2010-12-31 | 0.83 |
| 2010-09-30 | 1.47 |
| 2010-06-30 | 1.82 |
| 2010-03-31 | 2.03 |
| 2009-12-31 | 1.69 |
| 2009-09-30 | 1.75 |
| 2009-06-30 | 1.61 |
| 2009-03-31 | 1.61 |
| 2008-12-31 | 1.57 |
| 2008-09-30 | 1.27 |
| 2008-06-30 | 0.89 |
| 2008-03-31 | 0.85 |
| 2007-12-31 | 0.86 |
| 2007-09-30 | 0.73 |
| 2007-06-30 | 0.68 |
| 2007-03-31 | 0.56 |
| 2006-12-31 | 0.57 |
| 2006-09-30 | 0.60 |
| 2006-06-30 | 0.56 |
| 2006-03-31 | 1.00 |
| 2005-12-31 | 0.89 |
| 2005-09-30 | 0.74 |
| 2005-06-30 | 0.77 |
| 2005-03-31 | 0.90 |
| 2004-12-31 | 0.93 |
| 2004-09-30 | 1.27 |
| 2004-06-30 | 1.06 |
| 2004-03-31 | 0.95 |
| 2003-12-31 | 0.94 |
| 2003-09-30 | 0.90 |
| 2003-06-30 | 1.12 |
| 2003-03-31 | 1.21 |
| 2002-12-31 | 1.24 |
| 2002-09-30 | 1.49 |
| 2002-06-30 | 1.51 |
