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 2.07 is 31% above its 5-year average of 1.58, near the high end of its 5-year range (0.00–2.22).
As of the fiscal period ended Tuesday, June 30, 2026. 2.16% below its 12-month average of 2.12.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
2.07
QUICK RATIO (ACID-TEST) AVG TTM
2.12
QUICK RATIO (ACID-TEST) AVG 3Y
1.52
QUICK RATIO (ACID-TEST) AVG 5Y
1.58
QUICK RATIO (ACID-TEST) AVG 10Y
1.33
QUICK RATIO (ACID-TEST) AVG 15Y
1.29
QUICK RATIO (ACID-TEST) AVG 20Y
1.14
CURRENT VS TTM AVG
-2.16%
CURRENT VS 3Y AVG
+35.86%
CURRENT VS 5Y AVG
+30.88%
CURRENT VS 10Y AVG
+55.74%
CURRENT VS 15Y AVG
+61.18%
CURRENT VS 20Y AVG
+82.53%
SECTOR MEDIAN · BASIC MATERIALS
1.46
median of 52 covered companies
CURRENT VS SECTOR MEDIAN
+41.42%
vs the sector median at left
AngloGold Ashanti plc
Market Cap
$56.80B
Quick Ratio (Acid-Test)
2.07
TTM Avg
2.12
3Y Avg
1.52
5Y Avg
1.58
Market Cap
$56.85B
Quick Ratio (Acid-Test)
1.36
TTM Avg
1.52
3Y Avg
1.80
5Y Avg
1.85
Market Cap
$68.50B
Quick Ratio (Acid-Test)
N/A
TTM Avg
17.93
3Y Avg
20.16
5Y Avg
15.88
Market Cap
$68.91B
Quick Ratio (Acid-Test)
0.92
TTM Avg
1.27
3Y Avg
1.34
5Y Avg
1.94
Market Cap
$75.10B
Quick Ratio (Acid-Test)
2.36
TTM Avg
2.24
3Y Avg
2.25
5Y Avg
2.49
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| AngloGold Ashanti plc (AU) | $56.80B | 2.07 | 2.12 | 1.52 | 1.58 |
| Nucor Corporation (NUE)vs › | $56.85B | 1.36 | 1.52 | 1.80 | 1.85 |
| Corteva, Inc. (CTVA)vs › | $56.62B | 1.10 | 0.95 | 0.93 | 0.99 |
| CRH plc (CRH)vs › | $63.00B | 1.07 | 1.02 | 1.16 | 1.27 |
| Vale S.A. (VALE)vs › | $64.35B | 0.77 | 0.73 | 0.80 | 0.96 |
| Wheaton Precious Metals Corp. (WPM)vs › | $68.50B | N/A | 17.93 | 20.16 | 15.88 |
| Air Products and Chemicals, Inc. (APD)vs › | $68.91B | 0.92 | 1.27 | 1.34 | 1.94 |
| Barrick Mining Corporation (B)vs › | $75.10B | 2.36 | 2.24 | 2.25 | 2.49 |
| Nutrien Ltd. (NTR)vs › | $36.26B | 0.86 | 0.67 | 0.65 | 0.66 |
| Vulcan Materials Company (VMC)vs › | $34.93B | 1.20 | 1.63 | 1.75 | 1.71 |
Quick Ratio
2.07
Excludes inventory
Current Ratio
2.71
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 | 2.07 |
| 2026-03-31 | 2.11 |
| 2025-12-31 | 2.20 |
| 2025-09-30 | 1.98 |
| 2025-06-30 | 2.22 |
| 2025-03-31 | 1.57 |
| 2024-12-31 | 1.45 |
| 2024-09-30 | 1.14 |
| 2024-06-30 | 1.19 |
| 2024-03-31 | 0.00 |
| 2023-12-31 | 1.12 |
| 2023-06-30 | 1.24 |
| 2022-12-31 | 1.55 |
| 2022-06-30 | 2.09 |
| 2021-12-31 | 1.80 |
| 2021-06-30 | 1.58 |
| 2020-12-31 | 1.67 |
| 2020-06-30 | 1.99 |
| 2019-12-31 | 0.79 |
| 2019-06-30 | 0.43 |
| 2018-12-31 | 0.73 |
| 2018-06-30 | 0.79 |
| 2017-12-31 | 0.95 |
| 2017-06-30 | 0.65 |
| 2016-12-31 | 0.65 |
| 2016-06-30 | 0.62 |
| 2015-12-31 | 1.00 |
| 2015-06-30 | 1.93 |
| 2014-12-31 | 0.77 |
| 2014-06-30 | 0.93 |
| 2013-12-31 | 0.98 |
| 2013-06-30 | 0.45 |
| 2012-12-31 | 0.71 |
| 2012-06-30 | 1.62 |
| 2011-12-31 | 1.69 |
| 2011-06-30 | 1.61 |
| 2010-12-31 | 1.11 |
| 2010-06-30 | 0.55 |
| 2009-12-31 | 0.46 |
| 2009-06-30 | 0.98 |
| 2008-12-31 | 0.67 |
| 2008-06-30 | 0.26 |
| 2007-12-31 | 0.30 |
| 2007-06-30 | 0.41 |
| 2006-12-31 | 0.62 |
| 2006-06-30 | 0.58 |
| 2005-12-31 | 0.61 |
| 2005-06-30 | 0.87 |
| 2004-12-31 | 0.92 |
| 2004-06-30 | 1.01 |
| 2003-12-31 | 1.00 |
| 2003-06-30 | 0.81 |
| 2002-12-31 | 1.13 |
| 2002-06-30 | 0.89 |
| 2001-12-31 | 0.46 |
| 2001-06-30 | 0.58 |
| 2000-12-31 | 0.57 |
| 2000-06-30 | 1.39 |
| 1999-12-31 | 0.99 |
| 1999-06-30 | 1.31 |
| 1998-12-31 | 0.86 |
| 1998-06-30 | 0.00 |
| 1997-12-31 | -0.21 |
| 1997-06-30 | 0.00 |