Borealis Foods Inc. (BRLS) Quick Ratio (Acid-Test): 0.05
Is Borealis Foods Inc.’s quick ratio (acid-test) high or low?
Borealis Foods Inc.'s quick ratio (acid-test) of 0.05 is 67% below its 4-year average of 0.15, near the low end of its 4-year range (0.02–0.32).
As of Friday, June 12, 2026. 50.00% below its 12-month average of 0.10.
BRLS Quick Ratio (Acid-Test) Chart
BRLS Average Quick Ratio (Acid-Test) Chart
BRLS Current vs Average Quick Ratio (Acid-Test) Chart
BRLS Quick Ratio (Acid-Test) Metrics
QUICK RATIO (ACID-TEST)
0.05
QUICK RATIO (ACID-TEST) AVG TTM
0.10
QUICK RATIO (ACID-TEST) AVG 3Y
0.11
QUICK RATIO (ACID-TEST) AVG 5Y
0.15
QUICK RATIO (ACID-TEST) AVG 10Y
0.15
QUICK RATIO (ACID-TEST) AVG 15Y
0.15
QUICK RATIO (ACID-TEST) AVG 20Y
0.15
CURRENT VS TTM AVG
-50.00%
CURRENT VS 3Y AVG
-54.55%
CURRENT VS 5Y AVG
-67.11%
CURRENT VS 10Y AVG
-67.11%
CURRENT VS 15Y AVG
-67.11%
CURRENT VS 20Y AVG
-67.11%
BRLS Competitors' Quick Ratio (Acid-Test)
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Borealis Foods Inc. (BRLS) | $29.83M | 0.05 | 0.10 | 0.11 | 0.15 |
| Conagra Brands, Inc. (CAG) | $6.43B | 0.24 | 0.30 | 0.29 | 0.32 |
| Celsius Holdings, Inc. (CELH) | $7.26B | 1.37 | 2.31 | 3.20 | 2.73 |
| The Clorox Company (CLX) | $11.89B | 0.57 | 0.60 | 0.58 | 0.66 |
| Brown-Forman Corporation (BF-B) | $12.44B | 1.18 | 1.37 | 1.27 | 1.56 |
| The J. M. Smucker Company (SJM) | $12.46B | 0.33 | 0.34 | 0.47 | 0.45 |
| McCormick & Company, Incorporated (MKC) | $13.24B | 0.28 | 0.30 | 0.29 | 0.30 |
| Hormel Foods Corporation (HRL) | $13.45B | 1.20 | 1.19 | 1.10 | 1.20 |
| General Mills, Inc. (GIS) | $18.05B | 0.43 | 0.41 | 0.40 | 0.43 |
| Dollar Tree, Inc. (DLTR) | $22.08B | 0.29 | 0.52 | 0.60 | 0.47 |
Liquidity Comparison
Quick Ratio
0.05
Excludes inventory
Current Ratio
0.12
Includes inventory
Borealis Foods Inc. 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
Borealis Foods Inc. Quick Ratio (Acid-Test) FAQ
- What is the quick ratio (acid-test) for Borealis Foods Inc. (BRLS)?
- The quick ratio (acid-test) for BRLS stock is 0.05.
- Is Borealis Foods Inc.'s quick ratio (acid-test) high or low?
- Borealis Foods Inc.'s quick ratio (acid-test) of 0.05 is 67% below its 4-year average of 0.15, near the low end of its 4-year range (0.02–0.32).
- What is the TTM average quick ratio (acid-test) for Borealis Foods Inc. (BRLS)?
- The TTM average quick ratio (acid-test) for BRLS stock is 0.10.
- What is the 3Y average quick ratio (acid-test) for Borealis Foods Inc. (BRLS)?
- The 3Y average quick ratio (acid-test) for BRLS stock is 0.11.
- What is the 5Y average quick ratio (acid-test) for Borealis Foods Inc. (BRLS)?
- The 5Y average quick ratio (acid-test) for BRLS stock is 0.15.
- What is the 10Y average quick ratio (acid-test) for Borealis Foods Inc. (BRLS)?
- The 10Y average quick ratio (acid-test) for BRLS stock is 0.15.
- What is the 15Y average quick ratio (acid-test) for Borealis Foods Inc. (BRLS)?
- The 15Y average quick ratio (acid-test) for BRLS stock is 0.15.
- What is the 20Y average quick ratio (acid-test) for Borealis Foods Inc. (BRLS)?
- The 20Y average quick ratio (acid-test) for BRLS stock is 0.15.
Borealis Foods Inc. Quick Ratio (Acid-Test) History
| DATE | QUICK RATIO (ACID-TEST) |
|---|---|
| 2025-12-31 | 0.05 |
| 2024-12-31 | 0.15 |
| 2023-12-31 | 0.02 |
| 2022-12-31 | 0.22 |
| 2021-12-31 | 0.32 |
Related Metrics
About Borealis Foods Inc.
Borealis Foods Inc. is an enterprise focused on the distribution of food products that are rich in plant-derived protein. The company's offerings feature Chef Woo, a meat alternative with a high protein content, and Ramen Express, which provides vegetarian ramen noodle selections. Established in 2020, Borealis Foods Inc. conducts its operations from its headquarters in Oakville, Canada.
- Sector
- Consumer Defensive
- Industry
- Packaged Foods
- CEO
- Reza Soltanzadeh