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 0.99 is 30% below its 5-year average of 1.40, near the low end of its 5-year range (0.86–2.88).
As of the fiscal period ended Tuesday, March 31, 2026. 2.86% below its 12-month average of 1.01.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.99
QUICK RATIO (ACID-TEST) AVG TTM
1.01
QUICK RATIO (ACID-TEST) AVG 3Y
1.25
QUICK RATIO (ACID-TEST) AVG 5Y
1.33
QUICK RATIO (ACID-TEST) AVG 10Y
1.57
QUICK RATIO (ACID-TEST) AVG 15Y
1.30
QUICK RATIO (ACID-TEST) AVG 20Y
1.17
CURRENT VS TTM AVG
-2.86%
CURRENT VS 3Y AVG
-20.86%
CURRENT VS 5Y AVG
-25.83%
CURRENT VS 10Y AVG
-37.27%
CURRENT VS 15Y AVG
-23.97%
CURRENT VS 20Y AVG
-15.79%
SECTOR MEDIAN · ENERGY
0.99
median of 35 covered companies
CURRENT VS SECTOR MEDIAN
-0.43%
vs the sector median at left
Coterra Energy Inc.
Market Cap
$24.72B
Quick Ratio (Acid-Test)
0.99
TTM Avg
1.01
3Y Avg
1.25
5Y Avg
1.33
Market Cap
$26.98B
Quick Ratio (Acid-Test)
1.50
TTM Avg
1.52
3Y Avg
1.51
5Y Avg
1.57
Market Cap
$27.39B
Quick Ratio (Acid-Test)
0.94
TTM Avg
0.93
3Y Avg
1.01
5Y Avg
1.27
Market Cap
$27.55B
Quick Ratio (Acid-Test)
N/A
TTM Avg
6.37
3Y Avg
8.91
5Y Avg
7.91
Market Cap
$21.65B
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.82
3Y Avg
1.16
5Y Avg
0.98
Market Cap
$31.51B
Quick Ratio (Acid-Test)
0.80
TTM Avg
1.05
3Y Avg
1.36
5Y Avg
1.36
Market Cap
$12.70B
Quick Ratio (Acid-Test)
0.78
TTM Avg
0.85
3Y Avg
0.83
5Y Avg
0.88
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Coterra Energy Inc. (CTRA) | $24.72B | 0.99 | 1.01 | 1.25 | 1.33 |
| Halliburton Company (HAL)vs › | $26.98B | 1.50 | 1.52 | 1.51 | 1.57 |
| Devon Energy Corporation (DVN)vs › | $27.39B | 0.94 | 0.93 | 1.01 | 1.27 |
| Texas Pacific Land Corporation (TPL)vs › | $27.55B | N/A | 6.37 | 8.91 | 7.91 |
| Expand Energy Corporation (EXE)vs › | $21.65B | N/A | 0.82 | 1.16 | 0.98 |
| Tenaris S.A. (TS)vs › | $31.06B | 2.59 | 2.21 | 2.08 | 2.01 |
| Venture Global, Inc. (VG)vs › | $31.51B | 0.80 | 1.05 | 1.36 | 1.36 |
| EQT Corporation (EQT)vs › | $33.11B | N/A | 0.73 | 0.88 | 0.78 |
| APA Corporation (APA)vs › | $12.70B | 0.78 | 0.85 | 0.83 | 0.88 |
| Antero Midstream Corporation (AM)vs › | $10.43B | N/A | 2.29 | 1.60 | 1.36 |
Quick Ratio
0.99
Excludes inventory
Current Ratio
1.01
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) |
|---|---|
| 2026-03-31 | 0.99 |
| 2025-12-31 | 1.16 |
| 2025-09-30 | 0.98 |
| 2025-06-30 | 1.08 |
| 2025-03-31 | 0.86 |
| 2024-12-31 | 2.88 |
| 2024-09-30 | 1.56 |
| 2024-06-30 | 1.38 |
| 2024-03-31 | 1.46 |
| 2023-12-31 | 1.18 |
| 2023-09-30 | 1.01 |
| 2023-06-30 | 1.67 |
| 2023-03-31 | 1.61 |
| 2022-12-31 | 1.80 |
| 2022-09-30 | 1.62 |
| 2022-06-30 | 1.77 |
| 2022-03-31 | 1.54 |
| 2021-12-31 | 1.72 |
| 2021-09-30 | 0.92 |
| 2021-06-30 | 1.00 |
| 2021-03-31 | 1.26 |
| 2020-12-31 | 1.03 |
| 2020-09-30 | 0.80 |
| 2020-06-30 | 1.17 |
| 2020-03-31 | 1.35 |
| 2019-12-31 | 1.69 |
| 2019-09-30 | 1.37 |
| 2019-06-30 | 2.61 |
| 2019-03-31 | 2.75 |
| 2018-12-31 | 1.86 |
| 2018-09-30 | 1.66 |
| 2018-06-30 | 1.64 |
| 2018-03-31 | 2.40 |
| 2017-12-31 | 1.20 |
| 2017-09-30 | 1.61 |
| 2017-06-30 | 3.09 |
| 2017-03-31 | 3.28 |
| 2016-12-31 | 2.73 |
| 2016-09-30 | 3.26 |
| 2016-06-30 | 2.82 |
| 2016-03-31 | 3.53 |
| 2015-12-31 | 0.54 |
| 2015-09-30 | 0.74 |
| 2015-06-30 | 0.84 |
| 2015-03-31 | 0.83 |
| 2014-12-31 | 0.80 |
| 2014-09-30 | 1.33 |
| 2014-06-30 | 0.81 |
| 2014-03-31 | 0.84 |
| 2013-12-31 | 0.89 |
| 2013-09-30 | 0.67 |
| 2013-06-30 | 0.78 |
| 2013-03-31 | 0.51 |
| 2012-12-31 | 0.58 |
| 2012-09-30 | 0.50 |
| 2012-06-30 | 0.83 |
| 2012-03-31 | 1.02 |
| 2011-12-31 | 0.95 |
| 2011-09-30 | 0.97 |
| 2011-06-30 | 0.74 |
| 2011-03-31 | 0.58 |
| 2010-12-31 | 0.57 |
| 2010-09-30 | 0.62 |
| 2010-06-30 | 0.99 |
| 2010-03-31 | 1.04 |
| 2009-12-31 | 0.82 |
| 2009-09-30 | 1.21 |
| 2009-06-30 | 1.29 |
| 2009-03-31 | 1.38 |
| 2008-12-31 | 1.09 |
| 2008-09-30 | 1.19 |
| 2008-06-30 | 0.88 |
| 2008-03-31 | 0.81 |
| 2007-12-31 | 0.77 |
| 2007-09-30 | 0.72 |
| 2007-06-30 | 0.81 |
| 2007-03-31 | 0.94 |
| 2006-12-31 | 1.13 |
| 2006-09-30 | 1.66 |
| 2006-06-30 | 0.85 |
| 2006-03-31 | 0.84 |
| 2005-12-31 | 0.94 |
| 2005-09-30 | 0.64 |
| 2005-06-30 | 0.95 |
| 2005-03-31 | 0.92 |
| 2004-12-31 | 0.87 |
| 2004-09-30 | 0.80 |
| 2004-06-30 | 0.84 |
| 2004-03-31 | 0.75 |
| 2003-12-31 | 0.66 |
| 2003-09-30 | 0.74 |
| 2003-06-30 | 0.59 |
| 2003-03-31 | 0.72 |
| 2002-12-31 | 0.64 |
| 2002-09-30 | 0.79 |
| 2002-06-30 | 0.66 |