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 5.48 is 14% below its 5-year average of 6.36, near the low end of its 5-year range (0.29–26.72).
As of the fiscal period ended Tuesday, June 30, 2026. 28.84% below its 12-month average of 7.71.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 5.48.
QUICK RATIO (ACID-TEST)
5.48
QUICK RATIO (ACID-TEST) AVG TTM
7.71
QUICK RATIO (ACID-TEST) AVG 3Y
7.94
QUICK RATIO (ACID-TEST) AVG 5Y
6.36
QUICK RATIO (ACID-TEST) AVG 10Y
N/A
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-28.84%
CURRENT VS 3Y AVG
-30.94%
CURRENT VS 5Y AVG
-13.73%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · BASIC MATERIALS
1.48
median of 130 covered companies
CURRENT VS SECTOR MEDIAN
+269.27%
vs the sector median at left
Elemental Royalty Corporation Common Stock
Market Cap
$1.18B
Quick Ratio (Acid-Test)
5.48
TTM Avg
7.71
3Y Avg
7.94
5Y Avg
6.36
Market Cap
$1.17B
Quick Ratio (Acid-Test)
0.14
TTM Avg
0.01
3Y Avg
0.18
5Y Avg
2.33
Market Cap
$1.14B
Quick Ratio (Acid-Test)
3.99
TTM Avg
11.19
3Y Avg
7.17
5Y Avg
7.54
Market Cap
$1.10B
Quick Ratio (Acid-Test)
0.87
TTM Avg
0.50
3Y Avg
0.29
5Y Avg
0.34
Market Cap
$1.07B
Quick Ratio (Acid-Test)
1.58
TTM Avg
1.06
3Y Avg
1.20
5Y Avg
1.24
Market Cap
$1.07B
Quick Ratio (Acid-Test)
0.24
TTM Avg
0.42
3Y Avg
1.23
5Y Avg
6.72
Market Cap
$1.01B
Quick Ratio (Acid-Test)
1.94
TTM Avg
2.54
3Y Avg
2.31
5Y Avg
2.57
Market Cap
$947.17M
Quick Ratio (Acid-Test)
5.31
TTM Avg
2.91
3Y Avg
2.01
5Y Avg
3.25
Market Cap
$877.20M
Quick Ratio (Acid-Test)
1.34
TTM Avg
1.25
3Y Avg
1.23
5Y Avg
1.21
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Elemental Royalty Corporation Common Stock (ELE) | $1.18B | 5.48 | 7.71 | 7.94 | 6.36 |
| Evolution Metals & Technologies Corp. Common Stock (EMAT)vs › | $1.17B | 0.14 | 0.01 | 0.18 | 2.33 |
| Collective Mining Ltd. (CNL)vs › | $1.14B | 3.99 | 11.19 | 7.17 | 7.54 |
| Critical Metals Corp. (CRML)vs › | $1.10B | 0.87 | 0.50 | 0.29 | 0.34 |
| Green Plains Inc. (GPRE)vs › | $1.07B | 1.58 | 1.06 | 1.20 | 1.24 |
| Sigma Lithium Corporation (SGML)vs › | $1.07B | 0.24 | 0.42 | 1.23 | 6.72 |
| NWPX Infrastructure, Inc. (NWPX)vs › | $1.01B | 1.94 | 2.54 | 2.31 | 2.57 |
| Avino Silver & Gold Mines Ltd. (ASM)vs › | $947.17M | 5.31 | 2.91 | 2.01 | 3.25 |
| Apogee Enterprises, Inc. (APOG)vs › | $877.20M | 1.34 | 1.25 | 1.23 | 1.21 |
| Lightwave Logic, Inc. (LWLG)vs › | $874.82M | 62.84 | 24.22 | 19.49 | 16.17 |
Quick Ratio
5.48
Excludes inventory
Current Ratio
5.48
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 | 5.48 |
| 2026-03-31 | 6.04 |
| 2025-12-31 | 6.58 |
| 2025-09-30 | 10.33 |
| 2025-06-30 | 10.10 |
| 2025-03-31 | 9.97 |
| 2024-12-31 | 6.30 |
| 2024-09-30 | 8.95 |
| 2024-06-30 | 11.42 |
| 2024-03-31 | 8.34 |
| 2023-12-31 | 9.42 |
| 2023-09-30 | 5.13 |
| 2023-06-30 | 5.16 |
| 2023-03-31 | 5.37 |
| 2022-12-31 | 5.44 |
| 2022-09-30 | 0.39 |
| 2022-06-30 | 0.29 |
| 2022-03-31 | 0.74 |
| 2021-12-31 | 5.32 |
| 2021-09-30 | 26.72 |
| 2021-06-30 | 17.49 |
| 2021-03-31 | 14.79 |
| 2020-12-31 | 10.69 |
| 2020-09-30 | 73.43 |
| 2020-03-31 | 0.15 |
| 2019-12-31 | 0.64 |
| 2019-09-30 | 0.60 |
| 2019-06-30 | 0.65 |
| 2019-03-31 | 0.09 |
| 2018-12-31 | 0.13 |
| 2018-09-30 | 0.29 |
| 2018-06-30 | 0.17 |
| 2018-03-31 | 0.38 |
| 2017-12-31 | 0.20 |
| 2017-09-30 | 0.32 |
