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 0.67 is 35% below its 5-year average of 1.02, near the low end of its 5-year range (0.67–1.55).
As of the fiscal period ended Tuesday, June 30, 2026. 25.94% below its 12-month average of 0.90.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.67
QUICK RATIO (ACID-TEST) AVG TTM
0.90
QUICK RATIO (ACID-TEST) AVG 3Y
0.95
QUICK RATIO (ACID-TEST) AVG 5Y
1.02
QUICK RATIO (ACID-TEST) AVG 10Y
1.33
QUICK RATIO (ACID-TEST) AVG 15Y
1.32
QUICK RATIO (ACID-TEST) AVG 20Y
1.20
CURRENT VS TTM AVG
-25.94%
CURRENT VS 3Y AVG
-29.68%
CURRENT VS 5Y AVG
-34.83%
CURRENT VS 10Y AVG
-49.82%
CURRENT VS 15Y AVG
-49.45%
CURRENT VS 20Y AVG
-44.62%
SECTOR MEDIAN · ENERGY
1.08
median of 33 covered companies
CURRENT VS SECTOR MEDIAN
-38.28%
vs the sector median at left
Devon Energy Corporation
Market Cap
$30.79B
Quick Ratio (Acid-Test)
0.67
TTM Avg
0.90
3Y Avg
0.95
5Y Avg
1.02
Market Cap
$33.16B
Quick Ratio (Acid-Test)
1.11
TTM Avg
1.05
3Y Avg
1.36
5Y Avg
1.36
Market Cap
$27.51B
Quick Ratio (Acid-Test)
1.50
TTM Avg
1.52
3Y Avg
1.51
5Y Avg
1.57
Market Cap
$23.93B
Quick Ratio (Acid-Test)
N/A
TTM Avg
6.37
3Y Avg
8.91
5Y Avg
7.91
Market Cap
$21.85B
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.82
3Y Avg
1.16
5Y Avg
0.98
Market Cap
$42.72B
Quick Ratio (Acid-Test)
2.10
TTM Avg
1.24
3Y Avg
1.94
5Y Avg
2.60
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Devon Energy Corporation (DVN) | $30.79B | 0.67 | 0.90 | 0.95 | 1.02 |
| Venture Global, Inc. (VG)vs › | $33.16B | 1.11 | 1.05 | 1.36 | 1.36 |
| Tenaris S.A. (TS)vs › | $28.32B | 2.39 | 2.21 | 2.08 | 2.01 |
| EQT Corporation (EQT)vs › | $33.62B | N/A | 0.73 | 0.88 | 0.78 |
| Halliburton Company (HAL)vs › | $27.51B | 1.50 | 1.52 | 1.51 | 1.57 |
| Texas Pacific Land Corporation (TPL)vs › | $23.93B | N/A | 6.37 | 8.91 | 7.91 |
| Expand Energy Corporation (EXE)vs › | $21.85B | N/A | 0.82 | 1.16 | 0.98 |
| Cameco Corporation (CCJ)vs › | $42.72B | 2.10 | 1.24 | 1.94 | 2.60 |
| APA Corporation (APA)vs › | $13.97B | 0.79 | 0.85 | 0.83 | 0.88 |
| Antero Midstream Corporation (AM)vs › | $10.50B | N/A | 2.29 | 1.60 | 1.36 |
Quick Ratio
0.67
Excludes inventory
Current Ratio
0.72
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 | 0.67 |
| 2026-03-31 | 0.94 |
| 2025-12-31 | 0.90 |
| 2025-09-30 | 0.87 |
| 2025-06-30 | 1.13 |
| 2025-03-31 | 0.99 |
| 2024-12-31 | 0.95 |
| 2024-09-30 | 1.01 |
| 2024-06-30 | 1.03 |
| 2024-03-31 | 0.97 |
| 2023-12-31 | 0.99 |
| 2023-09-30 | 0.89 |
| 2023-06-30 | 0.90 |
| 2023-03-31 | 1.02 |
| 2022-12-31 | 1.19 |
| 2022-09-30 | 1.16 |
| 2022-06-30 | 1.55 |
| 2022-03-31 | 1.32 |
| 2021-12-31 | 1.34 |
| 2021-09-30 | 1.21 |
| 2021-06-30 | 1.00 |
| 2021-03-31 | 1.18 |
| 2020-12-31 | 2.26 |
| 2020-09-30 | 2.03 |
| 2020-06-30 | 2.33 |
| 2020-03-31 | 2.61 |
| 2019-12-31 | 2.00 |
| 2019-09-30 | 1.72 |
| 2019-06-30 | 1.49 |
| 2019-03-31 | 1.37 |
| 2018-12-31 | 1.99 |
| 2018-09-30 | 1.48 |
| 2018-06-30 | 1.65 |
| 2018-03-31 | 1.04 |
| 2017-12-31 | 1.45 |
| 2017-09-30 | 1.63 |
| 2017-06-30 | 1.61 |
| 2017-03-31 | 1.53 |
| 2016-12-31 | 1.44 |
| 2016-09-30 | 1.56 |
| 2016-06-30 | 1.36 |
| 2016-03-31 | 1.13 |
| 2015-12-31 | 1.22 |
| 2015-09-30 | 1.23 |
| 2015-06-30 | 1.18 |
| 2015-03-31 | 1.04 |
| 2014-12-31 | 1.09 |
| 2014-09-30 | 1.00 |
| 2014-06-30 | 0.94 |
| 2014-03-31 | 0.66 |
| 2013-12-31 | 1.20 |
| 2013-09-30 | 1.32 |
| 2013-06-30 | 1.31 |
| 2013-03-31 | 1.24 |
| 2012-12-31 | 1.48 |
| 2012-09-30 | 1.72 |
| 2012-06-30 | 1.86 |
| 2012-03-31 | 1.45 |
| 2011-12-31 | 1.37 |
| 2011-09-30 | 1.59 |
| 2011-06-30 | 1.96 |
| 2011-03-31 | 0.97 |
| 2010-12-31 | 1.21 |
| 2010-09-30 | 1.34 |
| 2010-06-30 | 1.48 |
| 2010-03-31 | 1.21 |
| 2009-12-31 | 0.79 |
| 2009-09-30 | 0.76 |
| 2009-06-30 | 0.74 |
| 2009-03-31 | 0.73 |
| 2008-12-31 | 0.79 |
| 2008-09-30 | 1.12 |
| 2008-06-30 | 0.90 |
| 2008-03-31 | 0.93 |
| 2007-12-31 | 1.03 |
| 2007-09-30 | 0.77 |
| 2007-06-30 | 0.72 |
| 2007-03-31 | 0.62 |
| 2006-12-31 | 0.69 |
| 2006-09-30 | 0.77 |
| 2006-06-30 | 0.73 |
| 2006-03-31 | 1.30 |
| 2005-12-31 | 1.43 |
| 2005-09-30 | 1.22 |
| 2005-06-30 | 1.41 |
| 2005-03-31 | 1.16 |
| 2004-12-31 | 1.16 |
| 2004-09-30 | 1.02 |
| 2004-06-30 | 0.96 |
| 2004-03-31 | 0.97 |
| 2003-12-31 | 1.11 |
| 2003-09-30 | 1.07 |
| 2003-06-30 | 0.80 |
| 2003-03-31 | 1.10 |
| 2002-12-31 | 1.00 |
| 2002-09-30 | 0.81 |
