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 0.50 is in line with its 5-year average of 0.54, around the middle of its 5-year range (0.43–0.59).
As of the fiscal period ended Tuesday, June 30, 2026. 8.01% below its 12-month average of 0.54.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.50
QUICK RATIO (ACID-TEST) AVG TTM
0.54
QUICK RATIO (ACID-TEST) AVG 3Y
0.56
QUICK RATIO (ACID-TEST) AVG 5Y
0.54
QUICK RATIO (ACID-TEST) AVG 10Y
0.50
QUICK RATIO (ACID-TEST) AVG 15Y
0.54
QUICK RATIO (ACID-TEST) AVG 20Y
0.57
CURRENT VS TTM AVG
-8.01%
CURRENT VS 3Y AVG
-10.82%
CURRENT VS 5Y AVG
-7.40%
CURRENT VS 10Y AVG
-1.36%
CURRENT VS 15Y AVG
-7.64%
CURRENT VS 20Y AVG
-13.43%
SECTOR MEDIAN · CONSUMER DEFENSIVE
0.64
median of 47 covered companies
CURRENT VS SECTOR MEDIAN
-22.54%
vs the sector median at left
British American Tobacco p.l.c.
Market Cap
$121.24B
Quick Ratio (Acid-Test)
0.50
TTM Avg
0.54
3Y Avg
0.56
5Y Avg
0.54
Market Cap
$110.35B
Quick Ratio (Acid-Test)
0.30
TTM Avg
0.44
3Y Avg
0.49
5Y Avg
0.52
Market Cap
$93.48B
Quick Ratio (Acid-Test)
3.22
TTM Avg
2.90
3Y Avg
3.40
5Y Avg
3.60
Market Cap
$155.43B
Quick Ratio (Acid-Test)
0.50
TTM Avg
0.55
3Y Avg
0.52
5Y Avg
0.55
Market Cap
$82.26B
Quick Ratio (Acid-Test)
0.40
TTM Avg
0.43
3Y Avg
0.43
5Y Avg
0.45
Market Cap
$75.13B
Quick Ratio (Acid-Test)
0.36
TTM Avg
0.34
3Y Avg
0.32
5Y Avg
0.31
Market Cap
$72.88B
Quick Ratio (Acid-Test)
0.67
TTM Avg
0.61
3Y Avg
0.67
5Y Avg
0.66
Market Cap
$47.87B
Quick Ratio (Acid-Test)
0.68
TTM Avg
0.61
3Y Avg
0.66
5Y Avg
0.70
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| British American Tobacco p.l.c. (BTI) | $121.24B | 0.50 | 0.54 | 0.56 | 0.54 |
| Altria Group, Inc. (MO)vs › | $110.35B | 0.30 | 0.44 | 0.49 | 0.52 |
| Monster Beverage Corporation (MNST)vs › | $93.48B | 3.22 | 2.90 | 3.40 | 3.60 |
| Anheuser-Busch InBev SA/NV (BUD)vs › | $155.43B | 0.50 | 0.55 | 0.52 | 0.55 |
| Mondelez International, Inc. (MDLZ)vs › | $82.26B | 0.40 | 0.43 | 0.43 | 0.45 |
| Target Corporation (TGT)vs › | $75.13B | 0.36 | 0.34 | 0.32 | 0.31 |
| Colgate-Palmolive Company (CL)vs › | $72.88B | 0.67 | 0.61 | 0.67 | 0.66 |
| Coca-Cola Europacific Partners PLC (CCEP)vs › | $47.87B | 0.68 | 0.61 | 0.66 | 0.70 |
| PepsiCo, Inc. (PEP)vs › | $195.99B | 0.74 | 0.66 | 0.65 | 0.68 |
| Keurig Dr Pepper Inc. (KDP)vs › | $43.59B | 0.28 | 0.38 | 0.33 | 0.31 |
Quick Ratio
0.50
Excludes inventory
Current Ratio
0.84
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 | 0.50 |
| 2025-12-31 | 0.57 |
| 2025-06-30 | 0.55 |
| 2024-12-31 | 0.52 |
| 2024-06-30 | 0.58 |
| 2023-12-31 | 0.59 |
| 2023-06-30 | 0.58 |
| 2022-12-31 | 0.55 |
| 2022-06-30 | 0.52 |
| 2021-12-31 | 0.50 |
| 2021-06-30 | 0.43 |
| 2020-12-31 | 0.49 |
| 2020-06-30 | 0.53 |
| 2019-12-31 | 0.38 |
| 2019-06-30 | 0.39 |
| 2018-12-31 | 0.41 |
| 2018-06-30 | 0.41 |
| 2017-12-31 | 0.52 |
| 2017-06-30 | 0.48 |
| 2016-12-31 | 0.55 |
| 2016-06-30 | 0.51 |
| 2015-12-31 | 0.62 |
| 2015-06-30 | 0.67 |
| 2014-12-31 | 0.57 |
| 2014-06-30 | 0.50 |
| 2013-12-31 | 0.65 |
| 2013-06-30 | 0.63 |
| 2012-12-31 | 0.63 |
| 2012-06-30 | 0.63 |
| 2011-12-31 | 0.64 |
| 2011-06-30 | 0.55 |
| 2010-12-31 | 0.66 |
| 2010-06-30 | 0.59 |
| 2009-12-31 | 0.70 |
| 2009-06-30 | 0.53 |
| 2008-12-31 | 0.63 |
| 2008-09-30 | 0.00 |
| 2008-06-30 | 0.83 |
| 2008-03-31 | 0.00 |
| 2007-12-31 | 0.74 |
| 2007-09-30 | 0.00 |
| 2007-06-30 | 0.66 |
| 2007-03-31 | 0.00 |
| 2006-12-31 | 0.75 |
| 2006-09-30 | 0.00 |
| 2006-06-30 | 0.75 |
| 2006-03-31 | 0.00 |
| 2005-12-31 | 0.62 |
| 2005-09-30 | 0.00 |
| 2005-06-30 | 0.69 |
| 2005-03-31 | 0.00 |
| 2004-12-31 | 0.80 |
| 2004-09-30 | 0.00 |
| 2004-06-30 | 0.67 |
| 2003-12-31 | 0.77 |
| 2003-09-30 | 0.00 |
| 2003-06-30 | 0.38 |
| 2003-03-31 | 0.00 |
| 2002-12-31 | 0.85 |
| 2002-09-30 | 0.00 |
| 2002-06-30 | 0.38 |
| 2002-03-31 | 0.00 |
| 2001-12-31 | 0.77 |
| 2001-09-30 | 0.00 |
| 2001-06-30 | 0.37 |
| 2001-03-31 | 0.00 |
| 2000-12-31 | 0.76 |
| 2000-09-30 | 0.00 |
| 2000-06-30 | 0.42 |
| 2000-03-31 | 0.00 |
| 1999-12-31 | 0.97 |
| 1999-06-30 | 0.83 |
| 1998-12-31 | 0.66 |
| 1998-06-30 | 0.62 |
| 1997-12-31 | 0.59 |
| 1997-06-30 | 0.72 |
| 1996-12-31 | 0.94 |
| 1996-06-30 | 0.91 |
| 1995-12-31 | 0.89 |
| 1995-06-30 | 0.00 |
