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 2.19 is 413% above its 5-year average of 0.43, near the high end of its 5-year range (0.09–2.19).
As of the fiscal period ended Wednesday, December 31, 2025. 322.05% above its 12-month average of 0.52.
Reported quarterly quick ratio; no daily interpolation. Q4 FY2025 (2025-12-31): 2.19.
QUICK RATIO (ACID-TEST)
2.19
QUICK RATIO (ACID-TEST) AVG TTM
0.52
QUICK RATIO (ACID-TEST) AVG 3Y
0.25
QUICK RATIO (ACID-TEST) AVG 5Y
0.43
QUICK RATIO (ACID-TEST) AVG 10Y
0.29
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
+322.05%
CURRENT VS 3Y AVG
+771.84%
CURRENT VS 5Y AVG
+413.44%
CURRENT VS 10Y AVG
+649.70%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
1.07
median of 85 covered companies
CURRENT VS SECTOR MEDIAN
+105.00%
vs the sector median at left
American Resources Corporation
Market Cap
$186.66M
Quick Ratio (Acid-Test)
2.19
TTM Avg
0.52
3Y Avg
0.25
5Y Avg
0.43
Market Cap
$182.84M
Quick Ratio (Acid-Test)
4.59
TTM Avg
9.69
3Y Avg
9.20
5Y Avg
6.60
Market Cap
$194.35M
Quick Ratio (Acid-Test)
4.59
TTM Avg
9.69
3Y Avg
9.20
5Y Avg
6.60
Market Cap
$180.68M
Quick Ratio (Acid-Test)
0.96
TTM Avg
1.67
3Y Avg
4.36
5Y Avg
4.27
Market Cap
$202.38M
Quick Ratio (Acid-Test)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$215.59M
Quick Ratio (Acid-Test)
6.84
TTM Avg
4.92
3Y Avg
4.41
5Y Avg
4.55
Market Cap
$223.94M
Quick Ratio (Acid-Test)
0.46
TTM Avg
0.72
3Y Avg
0.59
5Y Avg
0.74
Market Cap
$142.57M
Quick Ratio (Acid-Test)
27.94
TTM Avg
0.28
3Y Avg
0.28
5Y Avg
0.28
Market Cap
$121.81M
Quick Ratio (Acid-Test)
1.19
TTM Avg
1.22
3Y Avg
1.18
5Y Avg
1.29
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| American Resources Corporation (AREC) | $186.66M | 2.19 | 0.52 | 0.25 | 0.43 |
| Imperial Petroleum Inc. (IMPPP)vs › | $182.84M | 4.59 | 9.69 | 9.20 | 6.60 |
| Imperial Petroleum Inc. (IMPP)vs › | $194.35M | 4.59 | 9.69 | 9.20 | 6.60 |
| Epsilon Energy Ltd. (EPSN)vs › | $180.68M | 0.96 | 1.67 | 4.36 | 4.27 |
| GOWell Energy Technology (GOW)vs › | $202.38M | N/A | N/A | N/A | N/A |
| enCore Energy Corp. (EU)vs › | $215.59M | 6.84 | 4.92 | 4.41 | 4.55 |
| Kolibri Global Energy Inc. (KGEI)vs › | $223.94M | 0.46 | 0.72 | 0.59 | 0.74 |
| Greenland Energy Company Common Stock (GLND)vs › | $142.57M | 27.94 | 0.28 | 0.28 | 0.28 |
| DMC Global Inc. (BOOM)vs › | $121.81M | 1.19 | 1.22 | 1.18 | 1.29 |
| AleAnna, Inc. (ANNA)vs › | $112.18M | 1.90 | 7.55 | 4.81 | 4.81 |
Quick Ratio
2.19
Excludes inventory
Current Ratio
2.19
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) |
|---|---|
| 2025-12-31 | 2.19 |
| 2025-09-30 | 0.09 |
| 2025-06-30 | 0.10 |
| 2025-03-31 | 0.09 |
| 2024-12-31 | 0.12 |
| 2024-09-30 | 0.15 |
| 2024-06-30 | 0.13 |
| 2024-03-31 | 0.29 |
| 2023-12-31 | 0.49 |
| 2023-09-30 | 0.63 |
| 2023-06-30 | 0.35 |
| 2023-03-31 | 0.13 |
| 2022-12-31 | 0.45 |
| 2022-09-30 | 0.51 |
| 2022-06-30 | 1.01 |
| 2022-03-31 | 0.44 |
| 2021-12-31 | 0.93 |
| 2021-09-30 | 0.77 |
| 2021-06-30 | 1.06 |
| 2021-03-31 | 0.28 |
| 2020-12-31 | 0.53 |
| 2020-09-30 | 0.05 |
| 2020-06-30 | 0.06 |
| 2020-03-31 | 0.01 |
| 2019-12-31 | 0.06 |
| 2019-09-30 | 0.05 |
| 2019-06-30 | 0.12 |
| 2019-03-31 | 0.05 |
| 2018-12-31 | 0.16 |
| 2018-09-30 | 0.12 |
| 2018-06-30 | 0.13 |
| 2018-03-31 | 0.07 |
| 2017-12-31 | 0.06 |
| 2017-09-30 | 0.04 |
| 2017-06-30 | 0.06 |
| 2017-03-31 | 0.09 |
| 2016-12-31 | 0.63 |
| 2016-09-30 | 0.51 |
| 2016-06-30 | 1.58 |
| 2016-03-31 | 133.32 |
| 2015-12-31 | 26.89 |
| 2015-09-30 | 9.40 |
| 2015-06-30 | 15.60 |
| 2015-03-31 | 6.64 |
| 2014-12-31 | 21.53 |
| 2014-09-30 | 36.79 |
| 2014-06-30 | 67.77 |
| 2014-03-31 | 0.00 |
| 2013-12-31 | 0.00 |
