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 2.40 is in line with its 5-year average of 2.21, near the low end of its 5-year range (0.05–8.66).
As of the fiscal period ended Tuesday, June 30, 2026. 8.53% below its 12-month average of 2.62.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 2.40.
QUICK RATIO (ACID-TEST)
2.40
QUICK RATIO (ACID-TEST) AVG TTM
2.62
QUICK RATIO (ACID-TEST) AVG 3Y
3.83
QUICK RATIO (ACID-TEST) AVG 5Y
2.21
QUICK RATIO (ACID-TEST) AVG 10Y
1.01
QUICK RATIO (ACID-TEST) AVG 15Y
0.85
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-8.53%
CURRENT VS 3Y AVG
-37.38%
CURRENT VS 5Y AVG
+8.42%
CURRENT VS 10Y AVG
+137.54%
CURRENT VS 15Y AVG
+182.53%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · BASIC MATERIALS
1.52
median of 112 covered companies
CURRENT VS SECTOR MEDIAN
+58.34%
vs the sector median at left
Atlas Lithium Corporation
Market Cap
$78.74M
Quick Ratio (Acid-Test)
2.40
TTM Avg
2.62
3Y Avg
3.83
5Y Avg
2.21
Market Cap
$79.61M
Quick Ratio (Acid-Test)
1.21
TTM Avg
1.15
3Y Avg
1.27
5Y Avg
1.27
Market Cap
$98.89M
Quick Ratio (Acid-Test)
1.05
TTM Avg
1.35
3Y Avg
1.31
5Y Avg
1.31
Market Cap
$53.82M
Quick Ratio (Acid-Test)
0.88
TTM Avg
0.27
3Y Avg
0.24
5Y Avg
2.97
Market Cap
$122.47M
Quick Ratio (Acid-Test)
0.05
TTM Avg
0.09
3Y Avg
0.13
5Y Avg
0.14
Market Cap
$122.92M
Quick Ratio (Acid-Test)
3.63
TTM Avg
3.95
3Y Avg
3.12
5Y Avg
2.49
Market Cap
$31.85M
Quick Ratio (Acid-Test)
2.69
TTM Avg
2.44
3Y Avg
5.05
5Y Avg
3.49
Market Cap
$21.55M
Quick Ratio (Acid-Test)
0.63
TTM Avg
0.64
3Y Avg
0.75
5Y Avg
0.77
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Atlas Lithium Corporation (ATLX) | $78.74M | 2.40 | 2.62 | 3.83 | 2.21 |
| Julong Holding Limited (JLHL)vs › | $79.61M | 1.21 | 1.15 | 1.27 | 1.27 |
| Caesarstone Ltd. (CSTE)vs › | $98.89M | 1.05 | 1.35 | 1.31 | 1.31 |
| Electra Battery Materials Corporation (ELBM)vs › | $53.82M | 0.88 | 0.27 | 0.24 | 2.97 |
| Largo Inc. (LGO)vs › | $35.67M | 0.19 | 0.30 | 1.17 | 1.62 |
| Aemetis, Inc. (AMTX)vs › | $122.47M | 0.05 | 0.09 | 0.13 | 0.14 |
| Ascent Industries Co. (ACNT)vs › | $122.92M | 3.63 | 3.95 | 3.12 | 2.49 |
| Frontier Nuclear and Minerals Inc. (FNUC)vs › | $31.85M | 2.69 | 2.44 | 5.05 | 3.49 |
| Bioceres Crop Solutions Corp. (BIOX)vs › | $21.55M | 0.63 | 0.64 | 0.75 | 0.77 |
| Greenland Mines Ltd. (GRML)vs › | $21.19M | 10.09 | 47.57 | 24.00 | 24.00 |
Quick Ratio
2.40
Excludes inventory
Current Ratio
2.43
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 | 2.40 |
| 2026-03-31 | 2.49 |
| 2025-12-31 | 2.52 |
| 2025-09-30 | 3.61 |
| 2025-06-30 | 2.09 |
| 2025-03-31 | 2.26 |
| 2024-12-31 | 2.77 |
| 2024-09-30 | 3.45 |
| 2024-06-30 | 6.15 |
| 2024-03-31 | 2.75 |
| 2023-12-31 | 5.03 |
| 2023-09-30 | 8.66 |
| 2023-06-30 | 5.61 |
| 2023-03-31 | 2.06 |
| 2022-12-31 | 0.12 |
| 2022-09-30 | 0.16 |
| 2022-06-30 | 0.51 |
| 2022-03-31 | 0.11 |
| 2021-12-31 | 0.06 |
| 2021-09-30 | 0.05 |
| 2021-06-30 | 0.05 |
| 2021-03-31 | 0.11 |
| 2020-12-31 | 0.13 |
| 2020-09-30 | 0.13 |
| 2020-06-30 | 0.15 |
| 2020-03-31 | 0.09 |
| 2019-12-31 | 0.08 |
| 2019-09-30 | 0.05 |
| 2019-06-30 | 0.02 |
| 2019-03-31 | 0.02 |
| 2018-12-31 | 0.01 |
| 2018-09-30 | 0.02 |
| 2018-06-30 | 0.03 |
| 2018-03-31 | 0.03 |
| 2017-12-31 | 0.07 |
| 2017-09-30 | 0.12 |
| 2017-06-30 | 0.04 |
| 2017-03-31 | 0.08 |
| 2016-12-31 | 0.04 |
| 2016-09-30 | 0.04 |
| 2016-06-30 | 0.01 |
| 2016-03-31 | 0.06 |
| 2015-12-31 | 0.08 |
| 2015-09-30 | 0.17 |
| 2015-06-30 | 0.12 |
| 2015-03-31 | 0.13 |
| 2014-12-31 | 0.11 |
| 2014-09-30 | 0.29 |
| 2014-06-30 | 0.50 |
| 2014-03-31 | 0.70 |
| 2013-12-31 | 0.81 |
| 2013-09-30 | 1.83 |
| 2013-06-30 | 4.96 |
| 2013-03-31 | 25.50 |
| 2012-11-30 | 0.42 |
| 2012-09-30 | 1.04 |
| 2012-06-30 | 13.92 |
| 2012-03-31 | 0.00 |
